Market Overview:
The global parallel gripper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for parallel grippers in various industrial applications, such as automotive manufacturing, electronics/electrical, metal products, food/beverage/personal care, rubber/plastics and others. Additionally, the rising adoption of electric parallel grippers is also contributing significantly to the growth of this market.
Product Definition:
A parallel gripper is a type of industrial robot arm that uses two or more fingers to pick up and manipulate objects. They are often used in manufacturing and automotive applications.
Pneumatic Parallel Gripper:
Pneumatic parallel gripper is a device used in assembly & packaging industries for handling and positioning components or products. It’s basically an air-powered machine that uses compressed air as its power source to grip, hold, position or transport objects. Pneumatic parallel grippers are widely used in automotive industry for various operations such as installing/assembling tires and body parts; dent repair work; paint sprayer installation; windshield mounting etc.
Electric Parallel Gripper:
The parallel gripper is a device used to grip and hold objects in place. It consists of two independently powered arms that are free to move. The parallel arm has a clamp attached at the end, which can be used to grab onto an object.
Parallel grippers are widely used in assembly lines for various applications such as cleaning defects on semiconductor wafers or components during manufacturing processes, holding tools or parts while performing machining operations.
Application Insights:
The market is segmented by application into automotive manufacturing, electronics and electrical, metal products, food beverage and personal care, rubber and plastics, other industries including pharmaceuticals or medical devices assembly) as well as logistics. The automotive application dominated the global parallel gripper market in 2017 owing to increasing demand for high-tech components in automobiles. In addition to this factor; rising production of electric vehicles (EV) across the globe is expected to boost product demand over the forecast period.
Automotive manufacturing was followed by electronics and electrical which accounted for a significant revenue share of 19% in 2017 due to growing automation technologies across various end-use industries such as aerospace & defense). Rising use of robotic systems in these sectors has boosted industry growth significantly over the past few years.
Regional Analysis:
Asia Pacific regional market is anticipated to witness the highest CAGR of XX% from 2018 to 2030. The region has been witnessing strong growth in several end-use industries, which is expected to drive the demand for tools and equipment. This trend is projected to continue over the forecast period, thereby driving product demand in APAC.
The Asia Pacific was followed by Europe with a CAGR of XX% from 2018 to 2030 owing to high industrial output and well-established manufacturing sector in Germany, France, Italy, UK and Russia among other Eastern European countries.
Growth Factors:
- Increasing demand for parallel grippers in the automotive industry for handling large and heavy parts
- Growing demand from the semiconductor and electronics industry for high-precision gripping needs
- Increasing use of parallel grippers in manufacturing and assembly operations
- Rising popularity of collaborative robots that require multiple gripping points to handle objects effectively
- Advances in robotic technology that are making parallel grippers more versatile, accurate, and reliable
Scope Of The Report
Report Attributes
Report Details
Report Title
Parallel Gripper Market Research Report
By Type
Pneumatic Parallel Gripper, Electric Parallel Gripper
By Application
Automotive Manufacturing, Electonics/Electrical, Metal Products , Food/Beverage/Personal Care, Rubber/Plastics, Others
By Companies
SCHUNK, Festo, SMC, Parker, PHD, ITT, Spectris, DESTACO, Fabco-Air, Zimmer, Airwork
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Parallel Gripper Market Report Segments:
The global Parallel Gripper market is segmented on the basis of:
Types
Pneumatic Parallel Gripper, Electric Parallel Gripper
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Manufacturing, Electonics/Electrical, Metal Products , Food/Beverage/Personal Care, Rubber/Plastics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SCHUNK
- Festo
- SMC
- Parker
- PHD
- ITT
- Spectris
- DESTACO
- Fabco-Air
- Zimmer
- Airwork
Highlights of The Parallel Gripper Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pneumatic Parallel Gripper
- Electric Parallel Gripper
- By Application:
- Automotive Manufacturing
- Electonics/Electrical
- Metal ProductsÂ
- Food/Beverage/Personal Care
- Rubber/Plastics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Parallel Gripper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Parallel gripper is a type of robotic arm that can grip objects in parallel.
Some of the major players in the parallel gripper market are SCHUNK, Festo, SMC, Parker, PHD, ITT, Spectris, DESTACO, Fabco-Air, Zimmer, Airwork.
The parallel gripper market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Parallel Gripper Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Parallel Gripper Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Parallel Gripper Market - Supply Chain
4.5. Global Parallel Gripper Market Forecast
4.5.1. Parallel Gripper Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Parallel Gripper Market Size (000 Units) and Y-o-Y Growth
4.5.3. Parallel Gripper Market Absolute $ Opportunity
5. Global Parallel Gripper Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Parallel Gripper Market Size and Volume Forecast by Type
5.3.1. Pneumatic Parallel Gripper
5.3.2. Electric Parallel Gripper
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Parallel Gripper Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Parallel Gripper Market Size and Volume Forecast by Application
6.3.1. Automotive Manufacturing
6.3.2. Electonics/Electrical
6.3.3. Metal Products
6.3.4. Food/Beverage/Personal Care
6.3.5. Rubber/Plastics
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Parallel Gripper Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Parallel Gripper Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Parallel Gripper Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Parallel Gripper Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Parallel Gripper Demand Share Forecast, 2019-2029
9. North America Parallel Gripper Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Parallel Gripper Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Parallel Gripper Market Size and Volume Forecast by Application
9.4.1. Automotive Manufacturing
9.4.2. Electonics/Electrical
9.4.3. Metal Products
9.4.4. Food/Beverage/Personal Care
9.4.5. Rubber/Plastics
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Parallel Gripper Market Size and Volume Forecast by Type
9.7.1. Pneumatic Parallel Gripper
9.7.2. Electric Parallel Gripper
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Parallel Gripper Demand Share Forecast, 2019-2029
10. Latin America Parallel Gripper Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Parallel Gripper Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Parallel Gripper Market Size and Volume Forecast by Application
10.4.1. Automotive Manufacturing
10.4.2. Electonics/Electrical
10.4.3. Metal Products
10.4.4. Food/Beverage/Personal Care
10.4.5. Rubber/Plastics
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Parallel Gripper Market Size and Volume Forecast by Type
10.7.1. Pneumatic Parallel Gripper
10.7.2. Electric Parallel Gripper
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Parallel Gripper Demand Share Forecast, 2019-2029
11. Europe Parallel Gripper Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Parallel Gripper Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Parallel Gripper Market Size and Volume Forecast by Application
11.4.1. Automotive Manufacturing
11.4.2. Electonics/Electrical
11.4.3. Metal Products
11.4.4. Food/Beverage/Personal Care
11.4.5. Rubber/Plastics
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Parallel Gripper Market Size and Volume Forecast by Type
11.7.1. Pneumatic Parallel Gripper
11.7.2. Electric Parallel Gripper
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Parallel Gripper Demand Share, 2019-2029
12. Asia Pacific Parallel Gripper Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Parallel Gripper Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Parallel Gripper Market Size and Volume Forecast by Application
12.4.1. Automotive Manufacturing
12.4.2. Electonics/Electrical
12.4.3. Metal Products
12.4.4. Food/Beverage/Personal Care
12.4.5. Rubber/Plastics
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Parallel Gripper Market Size and Volume Forecast by Type
12.7.1. Pneumatic Parallel Gripper
12.7.2. Electric Parallel Gripper
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Parallel Gripper Demand Share, 2019-2029
13. Middle East & Africa Parallel Gripper Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Parallel Gripper Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Parallel Gripper Market Size and Volume Forecast by Application
13.4.1. Automotive Manufacturing
13.4.2. Electonics/Electrical
13.4.3. Metal Products
13.4.4. Food/Beverage/Personal Care
13.4.5. Rubber/Plastics
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Parallel Gripper Market Size and Volume Forecast by Type
13.7.1. Pneumatic Parallel Gripper
13.7.2. Electric Parallel Gripper
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Parallel Gripper Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Parallel Gripper Market: Market Share Analysis
14.2. Parallel Gripper Distributors and Customers
14.3. Parallel Gripper Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SCHUNK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Festo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SMC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Parker
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PHD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ITT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Spectris
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DESTACO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fabco-Air
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zimmer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Airwork
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
