The global robotics end-of-arm tooling market to grow at a CAGR of 8.64% during the period 2016-2020.
Global Robotics End-of-Arm Tooling Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increase of robotic implementation in e-commerce industry. Growing online shopping has boosted the growth of the e-commerce sector over the last decade, especially in developing countries such as India where the government is focusing on smart cities and digital nation. The major e-commerce retailers such as the Amazon, Apple, Dell, and Walmart are struggling to adapt the fulfillment needs of the growing online ordering and delivering. Thus, they have started embodying smart robotics technology in the warehouse and delivering operations.
According to the report, one of the major drivers for this market is growth in popularity of cobots. Traditionally, industrial robots used in packaging applications were kept behind barriers or cages to prevent contact from humans by accident. To ensure safety, multiple safety measures regulate the use of these robots, such as restricting their motion to the human-free territory with safety interlocks that halt the robot's movements when humans enter those zones.
Further, the report states that one of the major factors hindering the growth of this market is high initial cost of robotic implementation.
- Applied Robotics
- SAS Automation
- ATI Industrial Automation
Other Prominent Vendors:
- ASS End of Arm Tooling
- Bastian Solutions
- IPR Robotics
- Soft Robotics
- Motion Control Robotics
Key Topics Covered:
Part 01: Executive summary
Part 02: Market research methodology
Part 03: Introduction
Part 04: Market landscape
Part 05: Market segmentation by applications
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/s9twtw/global_robotics
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SOURCE Research and Markets