Modular Grippers Market

The global Modular Grippers market was valued at 82.97 Million USD in 2021 and will grow with a CAGR of 3.21% from 2021 to 2027, based on Research newly published report.

The prime objective of Modular Grippers Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Modular Grippers Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Modular Grippers Market 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.

By Market Verdors:

• SCHUNK
• SMC
• IAI
• Parker Hannifin
• Festo
• Yamaha Motor
• Zimmer
• Destaco
• SMAC
• Gimatic
• PHD
• HIWIN
• Camozzi
• Afag
• Schmalz
• IBG Automation
• Sichuan Dongju

By Types:

• Electric Grippers
• Pneumatic Grippers

By Applications:

• Automotive Manufacturing
• Electronics/Electrical
• Metal Products
• Food/Beverage/Personal Care
• Rubber/Plastics

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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