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| Market size in 2024 | US$ 345.6 million |
Forecast Market size by 2030 | US$ 567.8 million |
|---|---|---|---|
| Growth Rate | CAGR of 8.6% | Number of Pages | 139 Pages |
The global Electric Modular Grippers market size was valued at US$ 345.6 million in 2024 and is projected to reach US$ 567.8 million by 2030, at a CAGR of 8.6% during the forecast period 2024-2030.
The United States Electric Modular Grippers market size was valued at US$ 98.4 million in 2024 and is projected to reach US$ 156.7 million by 2030, at a CAGR of 8.1% during the forecast period 2024-2030.
Electric Modular Grippers are automated handling devices used in robotics and automation for precise object manipulation.
The global market is expanding rapidly, driven by industrial automation and robotics adoption. In 2023, unit sales reached 250,000 globally, with automotive manufacturing accounting for 40% of demand. The market saw a 35% increase in smart gripper adoption in 2023. Two-finger grippers dominate with a 55% market share, while multi-finger grippers are growing at 12% annually. Europe leads with a 40% market share, while Asia Pacific is the fastest-growing region at 9.5% CAGR. The industry is focusing on developing force-sensing capabilities, with a 40% growth in R&D investments for precision control.
Report Overview
This report provides a deep insight into the global Electric Modular Grippers market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Modular Grippers Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Modular Grippers market in any manner.
Global Electric Modular Grippers Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
SCHUNK
SMC
IAI
Parker Hannifin
Festo
Yamaha Motor
Zimmer
Destaco
SMAC
Gimatic
PHD
HIWIN
Camozzi
Afag
Schmalz
IBG Automation
Sichuan Dongju
Market Segmentation (by Type)
Parallel Gripper
Angular Gripper
Market Segmentation (by Application)
Automotive Manufacturing
Electronics/Electrical
Metal Products
Food/Beverage/Personal Care
Rubber/Plastics
Others
Geographic Segmentation
| Report Attributes | Report Details |
|---|---|
| Report Title | Electric Modular Grippers Market, Global Outlook and Forecast 2024-2030 |
| Market size in 2024 | US$ 345.6 million |
| Forecast Market size by 2030 | US$ 567.8 million |
| Growth Rate | CAGR of 8.6% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 139 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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