Robotics End-Of-Arm Tooling (Eoat) Market Analysis APAC, Europe, North America, South America, Middle East and Africa - China, US, Japan, South Korea, Germany - Size and Forecast 2024-2028

Robotics End-Of-Arm Tooling Market Size 2024-2028

The robotics end-of-arm tooling (EOAT) market size is forecast to increase by USD 1.06 billion, at a CAGR of 5.04% between 2023 and 2028.  The market is experiencing significant growth, driven by the rising demand for modular EoAT solutions that offer flexibility and ease of integration with industrial robots. Another trend influencing the market is the adoption of advanced manufacturing technologies in food and beverage industries, such as Fused Deposition Modeling (FDM) and additive manufacturing, in EoAT production. These techniques enable the creation of complex, customized tooling designs with improved functionality and reduced lead times. However, the high cost of deploying industrial robots remains a challenge for some organizations, limiting the demand for robotics EoAT. Despite this, the market is expected to continue expanding as manufacturers seek to improve automation and productivity in their operations.

What will be the size of the Market During the Forecast Period?

Market Forecast 2024-2028

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Market Dynamics

The market refers to the segment of robotics industry that deals with the production and supply of robotic end effectors or tools designed to be attached to the end of a robot arm or manipulator. These tools are essential for industrial automation applications, enabling robots to perform various tasks such as grasping, moving, lifting, welding, cutting, and more. End effectors come in various types including grippers, vacuum cups, suction cups, mechanical grippers, deburring tools, welding guns, sprayers, nozzles, cutters, grinders, welding torches, screwdrivers, and more. Customised EOAT solutions are also available in the market catering to specific industrial requirements. Industrial Robots, Collaborative Robots (Cobots), Electric Grippers, and other types of robotic arms are the primary users of these end effectors. The market for Robotics End-Of-Arm Tooling is expected to grow significantly due to the increasing demand for automation in industries. Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Key Market Driver- Increase in demand for robotic end-of-arm tooling from the food and beverage industry

In the food and beverage industry, there will be a noteworthy increase in the need for robotics end-of-arm-tooling. The industry has already made a significant shift towards automation and robotics, rather than relying on traditional mechanized equipment. This is due to recent trends like omnichannel order fulfilment and the high volume of stock-keeping units (SKUs) that are now commonplace. The end result is a substantial implementation of robotics in the end-user sector.

The main objective is to introduce robotic end-of-arm tooling that can handle a wide range of products with varying sizes, shapes, and weights. These robots must also meet the speed and pick rate requirements. The robotics end-of-arm market is expected to grow significantly due to advancements in vacuum grippers and adaptive grippers, which are now integrated into collaborative robots. As a result, there is expected to be in demand from the food and beverage industry, driving the market's focus during the forecast period.

Significant Market Trends - Emergence of hybrid tooling

The market growth is expected to be influenced by the increasing popularity of hybrid tooling. This involves the combination of multiple gripper technologies in a single end-of-arm-tooling and is likely to receive substantial demand from end-users who want to avoid downtime involved in changing tools. A notable feature of hybrid tooling is the side channel mounting of standard gripper component hardware, which eliminates issues related to rotation or twisting.

In addition, hybrid tooling is designed to be modular, which makes it compatible with various types and brands of systems. Hybrid tooling has been extensively used in high-speed and heavy-duty applications like press tending. As the robotics end-of-arm tooling market for hybrid tooling grows, more vendors are expected to adopt it during the forecast period.

Major Market Challenge - Limited adoption of industrial robots by SMEs

Small and medium-sized enterprises (SMEs) in developed nations are increasingly using automation and robots in their manufacturing processes to remain competitive. Industries such as rubber, plastics, chemicals, metal processing, food and beverage, and semiconductor and electronics are among those that are adopting robots. However, in developing countries, the adoption of robots has been slower due to the high initial cost, resulting in a minimal return on investment (ROI) for SMEs. Budget constraints are a significant limitation for SMEs in adopting industrial automation and robotic solutions. Additionally, the threat posed by industrial robots to manual labour is expected to prompt SMEs, particularly family-owned businesses, to adopt industrial robots at a slower pace.

Moreover, as the robotics end-of-arm tooling market grows, we expect that companies will increase their market share by offering a wider selection of products, including robotic end-of-arm tooling and additional services such as installation and consultation. This will ensure that their products meet the specific needs of small and medium-sized enterprises. However, this expansion may present challenges for the market, potentially limiting its growth during the forecast period.

Market Segmentation by Application, End-user, and Geography

Application Segment Analysis

The market share growth by the material handling segment will be significant during the forecast period. There is expected to be an increase in demand for industrial robots in the material handling market segment. This is due to the growing need for applications such as pick and place, bin picking, loading and unloading, press tending, packaging, die-casting, forging, and forming. End-user industries are opting to use these robots to optimize factory floor space. Vendors are now offering more flexible and high-precision robots in their product portfolios to carry out repetitive and sensitive tasks while meeting international standards of precision and quality. As a result, there will be an increase in demand for robotics end-of-arm-tooling like vacuum cups and grippers.

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The material handling segment was the largest segment and was valued at USD 1.41 billion in 2018. Manufacturers in the global robotics end-of-arm-tooling market are striving to develop more versatile products that can handle various materials, packaging sizes, configurations, and weights while fitting into limited spaces. To meet this demand, vendors have focused on creating modular end-of-arm-tooling equipment that can be customized to eliminate the need for switching devices for different tasks. The integration of industrial robots with end-of-arm-tooling has become increasingly popular on factory floors, as most of these devices can handle heavy-duty materials, have a long reach, and can multitask. The robotics end-of-arm-tooling market is continuously expanding, driven by the need for adaptable and efficient equipment.

End-user Segment Analysis

Based on end-user, this segment is classified into automotive, semiconductor and electronics, food and beverage, industrial machinery and others. The automotive segment is the largest segment of the market. The automotive sector had a high demand for the market in 2023. The market has been defined by the increasing adoption of robotic automation in manufacturing processes, particularly in automobile assembly lines. To increase productivity, improve precision, and guarantee cost-effectiveness in automobile manufacturing processes, there is a need for end-of-arm tooling solutions in the automotive industry. Automotive manufacturers use robotic systems with advanced end-of-arm tooling to handle tasks such as welding, material handling, and assembly, with the aim of simplifying processes and producing higher-quality output. The automotive industry's focus on ergonomics and safety has also led to an increase in the use of robotic solutions in this sector, which is expected to further boost market growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 63% to the growth by 2028. Technavio's analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The market for industrial robots in the APAC region has experienced significant growth. China, Japan, South Korea, Taiwan, and India have contributed significantly to the region's revenue. Many foreign manufacturers have established themselves in the region due to its importance as a base of operations. As more industries enter the market and existing ones adapt robot technology to enhance production efficiency, revenue and new entrants to the regional market are expected to grow. As a result, demand for robotics end-of-arm-tooling in the APAC region is expected to increase during the forecast period. The growth of the manufacturing industry in APAC has been facilitated by favourable government legislation and investments, leading to improved infrastructure and the industrial sector. In China, the Made in China 2025 initiative is expected to be a significant driver of robotics end-of-arm tooling market growth during the forecast period. The initiative aims to optimize the industry's structure, incorporate innovation-driven processes, and promote sustainable development, placing the Chinese industrial sector among the world's leading production chains. The country will focus on the structural adjustment of the manufacturing industry and the development of service-oriented and productive manufacturing in line with international standards. Hence, such factors are driving the market in APAC during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ASS Maschinenbau GmbH - The company offers robotics end-of-arm tooling such as ASS Robot Hand Kit.

We also have detailed analyses of the market's competitive landscape and offer information on 20 market companies, including:

ASS Maschinenbau GmbH, Barnes Group Inc., Coval Vaccum Technology Inc., Dover Corp., Effecto Group S.p.A., EMI Corp., Festo SE and Co. KG, FIPA GmbH, IPR GmbH, Novanta Inc., OnRobot AS, Piab AB, Robotiq Inc., SCHUNK GmbH and Co. KG, Soft Robotics Inc., Toyota Industries Corp., RoboTool Inc., and Zimmer Group GmbH

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

• Application Outlook
  • Material handling
  • Assembly line
  • Welding and soldering
  • Surface treatment and finishing
  • Others

• End-user Outlook
  • Automotive
  • Semiconductor and electronics
  • Food and beverage
  • Industrial machinery
  • Others

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile
    • Brazil
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Analyst Overview

Robotics End-Of-Arm Tooling (Eoat) plays a crucial role in enhancing the functionality of Robot arms and Manipulators in Industrial automation. End effectors, including Robotic end-of-arm tools such as Grasping tools (Grippers, Vacuum cups, Suction cups), Welders (Welding guns, Sprayers, Nozzles), Cutters (Cutters, Grinders, Drilling tools), and Sensors, enable Robot arms to Moving, Lifting, Welding, Cutting, and performing various other tasks with Precision. Advanced materials like Durable materials (Stainless steel, Aluminum, Ceramics, Carbon fibers, Rubber, Composites), Lightweight materials, packaging and High-strength materials are increasingly being used in the manufacturing of End effectors to improve their performance and efficiency. The Food processing industry significantly contributes to the growth of the Market due to the increasing demand for automation in this sector. Real-time monitoring and Data collection are essential features of modern End effectors, enabling Automation and improving Product shapes with Precision. Mechanical grippers, Deburring tools, Welding guns, and other specialized End effectors cater to various industries, including Automotive, Electronics, Pharmaceuticals, and more.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the robotics end-of-arm tooling market between 2024 and 2028.
• Precise estimation of the size of the robotics end-of-arm tooling market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market industry across APAC, Europe, North America, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of robotics end-of-arm tooling market companies

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