The Truth About Robotics End-Of-Arm Tooling Market Is About To Be Revealed.

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The robotics end-of-arm tooling market will witness an incremental growth of more than USD 2.93 billion during 2018-2022. This report offers an analysis of the market by applications including material handling, assembly line, welding and soldering, and surface treatment and finishing. 

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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Location: United States

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