Electric Modular Grippers Market

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 Electric Modular Grippers Market 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, Electric Modular Grippers Market 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, Electric Modular Grippers Market 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