North America Robot End-Effector Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Welding Guns, Clamps, Grippers, Suction Cups, Tool Changers, and Others), Application (Handling, Assembly, Welding, Processing, Dispensing, and Others), and Industry (Automotive, Metals and Machinery, Electrical and Electronics, Food and Beverages, and Others)
The North America robot end-effector market is expected to grow from US$ 612.83 million in 2021 to US$ 1,419.74 million by 2028; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028.
At present, in the high-tech industry, the demand for innovative products is surging tremendously. The trend of reliable and effective devices, which can perform tasks faster and have lower production costs, is increasing in various verticals across the region. End-effector technology, which is considered as the business end of robots, is gaining immense popularity across the region. End-effector is attached to a wrist of a robot, which enables the robot to interact with its task. End-effectors can be electromechanical or mechanical and serve as sensors, grippers, and process tools. It is an essential part of a robot since, without it, most robots are practically useless. It uses various communication protocols and different programming interfaces and needs different levels of skills to operate effectively. The robot end-effector is used in various industries, including automotive, metal and machinery, electrical & electronics, food & beverages, and e-commerce. With the development of Industry 4.0, industrial operations are rising, leading to the popularity of robots for taking up complex tasks. Growing innovations in robotics are commencing an exponential growth of the robot end-effector market.
North America is one of the most important regions for adopting and developing new technologies due to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. COVID-19 has negatively impacted businesses in the region in four critical areas, such as supply chain/operations, workforce, 2020 investments, and product offering. In the first nine months, overhead costs, including expenses for sales, Research & Development (R&D), and administration of various providers fell adversely, due to severe measures taken in the course of the pandemic. Despite the effects of the North America outbreak, earnings were improved, primarily due to continuous optimization of the cost structure. COVID-19 has had a severe impact on transportation and automotive, and trade activity. North America is home to a large number of manufacturing and technology companies. Thus, the coronavirus outbreak's impact was quite severe in 2020 and likely in 2021 for the automotive and manufacturing sectors. The impact of COVID-19 is short-term; it is likely to decrease in the coming years.
With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America robot end-effector market. Industrial robots play an important role in manufacturing industrial automation as several major operations in industries are being managed by robots. The governments in the region are taking initiatives to support and promote the development and adoption of industrial robots in their respective countries, which is surging its demand. For instance, as per the facts stated by the International Federation of Robotics (IFR), in 2017, the sales of industrial robots reached 387,000 units, increased by 31% compared to the previous year. US saw a increase in demand for industrial robots by 6%. The automotive industry witnessed massive demand for industrial robots, as in 2017, ~125,500 units were sold for the industry. The robust growth sectors in the same year were the metal, electrical/electronics, and food industries. The number of industrial robots continues to increase at an impressive pace in North America. Prime trends such as digitalization, simplification, and human-robot collaboration are shaping the future and propelling further swift development of next-generation robots. Thus, with strong growth in industrial robotics, manufacturers of robot end-effectors are gaining popularity, which is fueling the market growth.
North America Robot End-Effector Market Segmentation
North America Robot End-Effector Market – By Type
- Welding Guns
- Clamps
- Grippers
- Suction Cups
- Tool Changers
- Others
North America Robot End-Effector Market – By Application
- Handling
- Assembly
- Welding
- Processing
- Dispensing
- Others
North America Robot End-Effector Market – By Industry
- Automotive
- Metals and Machinery
- Electrical and Electronics
- Food and Beverages
- Others
North America Robot End-Effector Market – By Country
- US
- Canada
- Mexico
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Robot End-Effector Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Robot End-Effector–Market Dynamics
5.1 Market Drivers
5.1.1 Growth in Industrial Robotics
5.1.2 Surge in Adoption of Cobots
5.2 Market Restraints
5.2.1 High Capital Required for Initial Deployment of Robot End-Effectors
5.3 Market Opportunities
5.3.1 Increasing Use of Additive Manufacturing
5.4 Future Trends
5.4.1 Increasing Adoption of Grippers
5.5 Impact Analysis of Drivers and Restraints
6. Robot End-Effector Market – North America Analysis
6.1 Robot End-Effector Market North America Overview
6.2 Robot End-Effector Market – Revenue and Forecast To 2028 (US$ Million)
7. North America Robot End-Effector Market Analysis – By Type
7.1 Overview
7.2 Robot End-Effector Market Breakdown, By Type, 2020 and 2028
7.3 Welding Guns
7.3.1 Overview
7.3.2 Welding Guns Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Clamps
7.4.1 Overview
7.4.2 Clamps Market Revenue and Forecasts to 2028 (US$ Mn)
7.5 Grippers
7.5.1 Overview
7.5.2 Grippers Market Revenue and Forecasts to 2028 (US$ Mn)
7.6 Suction Cups
7.6.1 Overview
7.6.2 Suction Cups Market Revenue and Forecasts to 2028 (US$ Mn)
7.7 Tool Changers
7.7.1 Overview
7.7.2 Tool Changers Market Revenue and Forecasts to 2028 (US$ Mn)
7.8 Others
7.8.1 Overview
7.8.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
8. North America Robot End-Effector Market Analysis – By Application
8.1 Overview
8.2 Robot End-Effector Market Breakdown, By Application, 2020 and 2028
8.3 Handling
8.3.1 Overview
8.3.2 Handling Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Assembly
8.4.1 Overview
8.4.2 Assembly Market Revenue and Forecasts to 2028 (US$ Mn)
8.5 Welding
8.5.1 Overview
8.5.2 Welding Market Revenue and Forecasts to 2028 (US$ Mn)
8.6 Processing
8.6.1 Overview
8.6.2 Processing Market Revenue and Forecasts to 2028 (US$ Mn)
8.7 Dispensing
8.7.1 Overview
8.7.2 Dispensing Market Revenue and Forecasts to 2028 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
9. North America Robot End-Effector Market Analysis – By Industry
9.1 Overview
9.2 Robot End-Effector Market Breakdown, By Industry, 2020 and 2028
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
9.4 Metals and Machinery
9.4.1 Overview
9.4.2 Metals and Machinery Market Revenue and Forecasts to 2028 (US$ Mn)
9.5 Electrical and Electronics
9.5.1 Overview
9.5.2 Electrical and Electronics Market Revenue and Forecasts to 2028 (US$ Mn)
9.6 Food and Beverages
9.6.1 Overview
9.6.2 Food and Beverages Market Revenue and Forecasts to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
10. North America Robot End-Effector Market – Country Analysis
10.1 North America: Robot End-Effector Market
10.1.1 North America: Robot End-Effector Market- by Key Country
10.1.1.1 US: Robot End-Effector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Robot End-Effector Market- by Type
10.1.1.1.2 US: Robot End-Effector Market- By Application
10.1.1.1.3 US: Robot End-Effector Market- By Industry
10.1.1.2 Canada: Robot End-Effector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Robot End-Effector Market- by Type
10.1.1.2.2 Canada: Robot End-Effector Market- By Application
10.1.1.2.3 Canada: Robot End-Effector Market- By Industry
10.1.1.3 Mexico: Robot End-Effector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Robot End-Effector Market- by Type
10.1.1.3.2 Mexico: Robot End-Effector Market- By Application
10.1.1.3.3 Mexico: Robot End-Effector Market- By Industry
11. Impact of COVID-19 Pandemic on North America Robot End-Effector Market
11.1 Overview
11.2 North America
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 ABB Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ATI Industrial Automation, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Destaco (Dover Corporation)
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Festo SE & Co. KG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 J. Schmalz GmbH
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Kuka AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Piab AB
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Robotiq Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Schunk GmbH & Co. KG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Zimmer Group
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America: Robot End-Effector Market – Revenue and Forecast To 2028 (US$ Million)
Table 2. US: Robot End-Effector Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Robot End-Effector Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Robot End-Effector Market- By Industry–Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Robot End-Effector Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Robot End-Effector Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Robot End-Effector Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Robot End-Effector Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Robot End-Effector Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Robot End-Effector Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. Robot End-Effector Market Segmentation
Figure 2. Robot End-Effector Market Segmentation – By Country
Figure 3. North America Robot End-Effector Market Overview
Figure 4. Grippers Segment held the Largest Share of Robot End-Effector Market
Figure 5. Handling held the Largest Share of Robot End-Effector Market
Figure 6. Automotive held the Largest Share of Robot End-Effector Market
Figure 7. US Dominated the Robot End-Effector Market
Figure 8. North America – PEST Analysis
Figure 9. Robot End-Effector Market Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Robot End-Effector Market Impact Analysis of Drivers and Restraints
Figure 12. North America: Robot End-Effector Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Robot End-Effector Market Breakdown by Type, 2020 and 2028 (%)
Figure 14. North America Welding Guns Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. North America Clamps Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. North America Grippers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. North America Suction Cups Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. North America Tool Changers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Robot End-Effector Market Breakdown by Application, 2020 and 2028 (%)
Figure 21. North America Handling Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. North America Assembly Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. North America Welding Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. North America Processing Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. North America Dispensing Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Robot End-Effector Market Breakdown by Industry, 2020 and 2028 (%)
Figure 28. North America Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. North America Metals and Machinery Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. North America Electrical and Electronics Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. North America Food and Beverages Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. North America Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. North America: Robot End-Effector Market, by Key Country – Revenue (2020) (US$ Million)
Figure 34. North America: Robot End-Effector Market Revenue Share, by Key Country (2020 and 2028)
Figure 35. US: Robot End-Effector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Canada: Robot End-Effector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Mexico: Robot End-Effector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in North American Country Markets
- ABB Ltd.
- ATI Industrial Automation, Inc.
- Destaco (Dover Corporation)
- Festo SE & Co. KG
- J. Schmalz GmbH
- Kuka AG
- Piab AB
- Robotiq Inc.
- Schunk GmbH & Co. KG
- Zimmer Group
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