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Global Robotics End-Of-Arm Tooling Market 2019-2023 | Growth Analysis and Forecast | Technavio

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Technavio's
global robotics end-of-arm tooling (EOAT) market research report
forecasts the market to grow at a CAGR of over 13% during the
forecast period.

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Technavio has released a new market research report on the global robotics end-of-arm tooling market ...

Technavio has released a new market research report on the global robotics end-of-arm tooling market for the period 2019-2023. (Graphic: Business Wire)

The use of FDM and additive manufacturing in EOAT manufacturing is one
of the major trends in the global
robotics end-of-arm tooling market
during 2019-2023. The
adoption of FDM technology to manufacture robotic EOAT is expected to
increase during the forecast period. The FDM technology can facilitate
faster customization while incorporating complex components such as
durable and lightweight plastics. The adoption of additive manufacturing
ensures complex geometries and consolidation of design features.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

According to Technavio's analysts, one of the key drivers for the global
robotics end-of-arm tooling market is the rise in demand for modular
EOAT:

Global robotics end-of-arm tooling market: Rise
in demand for modular EOAT

Manufacturers across the globe have increased their investments in
industrial robots. This has led to an increased demand for robotic EOAT
that can handle multiple sizes, materials, and geometries in multiple
tasks without switching to a different EOAT. The vendors have been
incorporating features such as servo motors and reconfigurability using
multiple axis controllers in grippers to achieve modularity.

According to a senior research analyst at Technavio, "During the
forecast period, the consumer goods industry is one of the major
end-users that is expected to deploy robots with robotic EOAT. Packaging
is very crucial for this industry and the vendors constantly change the
packaging used in their offerings. Manufacturing companies prefer EOAT
that can accommodate future modifications as packaging has a very short
life cycle in this industry."

Global robotics end-of-arm tooling market:
Segmentation analysis

This global robotics end-of-arm tooling market analysis report provides
market segmentation by application (material handling, assembly line,
welding and soldering, surface treatment and finishing, and others) and
by region (the Americas, APAC, and EMEA). This report provides an
in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

Of the four major applications, the material handling segment held the
largest robotics end-of-arm tooling market share in 2018, contributing
to nearly 42% of the market. This application segment will dominate the
global market throughout the forecast period.

The APAC region held the largest share of the market in 2018, accounting
for close to 64% share. It was followed by EMEA and the Americas
respectively. The APAC region is expected to dominate the market
throughout the period 2019-2023.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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