This report studies the Modular Grippers market. Gripper is a tool mounted on the equipment to grip work pieces. By opening and closing the fingers powered by electric or pneumatic power, the gripper grips and releases work pieces.
Electric gripper and pneumatic gripper are two different types of gripper both widely used in various automation applications. Compared with pneumatic gripper, electric gripper are more cleaner grippers, need no air lines and save on power and maintenance, and electric gripper is more suitable to be used for detect grip.
Compared with pneumatic gripper, electric grippers is relatively a new born product; but the market of electric grippers is growing with a quite considerable speed. There are two types of electric grippers which are commonly produced and used, which includes two-finger electric grippers and three-finger electric grippers. Electric grippers is environmentally friendly and much more silent at operating, and they are more suitable than pneumatic gripper in many application situation.
In the next eight years, the global production of Modular Grippers is forecasted to maintain a 4%-5% annual growth rate, and the production volume is expected in 2023 will be 2130.74 thousand units.
North America and Europe are the largest markets of modular grippers currently; but the market of gripper in Asia-Pacific is forecasted to experience a higher growth speed in the following eight years due to the growing downstream demand.
The Modular Grippers market was valued at 850 Million US$ in 2018 and is projected to reach 1080 Million US$ by 2025, at a CAGR of 3.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Modular Grippers.
This report presents the worldwide Modular Grippers market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Modular Grippers Breakdown Data by Type
Modular Grippers Breakdown Data by Application
Others (Medical Device, etc.)
Modular Grippers Production by Region
Modular Grippers Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Modular Grippers status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Modular Grippers manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Modular Grippers :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Modular Grippers market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.