The Hidden Agenda Of Robotics End-Of-Arm Tooling Market.


The robotics end-of-arm tooling market will witness an incremental growth of more than USD 2.93 billion during 2018–2022.
Global Robotics End-Of-Arm Tooling Industry Overview
The continuously rising demand for modular EOAT is one of the key factors promoting the growth of the market. Manufacturers have been increasing their investments in industrial robots for assisting in a varied range of activities which human workers or alternative systems are performing. For achieving this, various end-user industries are increasing the adoption of EOAT which can handle multiple sizes, geometries, materials in multiple tasks without having to switch from one EOAT to different. Furthermore, vendors have been incorporating advanced features including servo motors and pre-configurability using multiple axis controllers in grippers. These servo-based grippers are being used by the robotic EOAT to adapt with irregularities through enhanced positioning capabilities. The incorporation of advanced features not only provide modularity but also make the EOAT more user-friendly. Consequently, users with minimal knowledge of programming can also use robotic EOAT, in turn, boosting their adoption in the forthcoming years resulting in the market to register a CAGR of more than 13% by 2023.
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Global robotics end-of-arm tooling market: Rise in demand for modular EOAT
Manufacturers across the globe have increased their investments in industrial robots. This has led to an increased demand for robotic EOAT that can handle multiple sizes, materials, and geometries in multiple tasks without switching to a different EOAT. The vendors have been incorporating features such as servo motors and reconfigurability using multiple axis controllers in grippers to achieve modularity.
According to a senior research analyst at Technavio, “During the forecast period, the consumer goods industry is one of the major end-users that is expected to deploy robots with robotic EOAT. Packaging is very crucial for this industry and the vendors constantly change the packaging used in their offerings. Manufacturing companies prefer EOAT that can accommodate future modifications as packaging has a very short life cycle in this industry.”
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