Global Robotic End Of Arm Tools (EOAT) Market Is Likely To Witness Growth At A CAGR Of Over 10% Through2028

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Robotic End of Arm Tools Market: segmentation

  • Product Type

    • Grippers
      • Parallel Motion 2-Jaw Grippers
      • 3-Jaw Grippers
      • Needle Grippers
      • Vacuum Cups
      • Magnetic Grippers
      • Bellows Grippers
      • Adaptive Grippers
      • Electristatic Grippers
    • Welding Torches
    • Material Removal Tool
    • Tool Changer
  • End Use Industry

    • Automotive
    • Semiconductor & Electronics
    • Food & Beverages
    • Phamaceuticals
    • Industrial Machinery
    • Logistics & Supply Chain
    • Other End Use Industries
  • By Region

    • North America
    • Latin America
    • Europe
    • CIS & Russia
    • Japan
    • Asia Pacific (Excluding Japan)
    • Middle East & Africa
  • Process Line

    • Assembly Line
    • Material Handling
    • Welding Process
    • Packaging Line
    • Painting Line
    • Inspection Line

Robotic End of Arm Tools (EOAT) Market: The Competitive Landscape

  • ATI Industrial Automation, Inc. – a leading manufacturer of robotic accessories and robot arm tooling- showcased new products and solutions at the ‘2017 Automate Show and Conference’ held at Chicago. The compact and robust designs of the new products showcased by ATI are well- aligned with the ever-evolving specifications of multiple applications and are fully compliant with safety standards. The major objective behind this participation was to branch out to business-to-business trading and tap into new customer segments.
  • In 2017, Piab AB- a leading manufacturer of smart solutions for automated applications- announced the strategic acquisition of US-based SAS Automation. This acquisition was aimed at venturing into the segment of ‘mechanical gripping’ and strengthening the existing product portfolio of the company, which will further make it a leading ‘one-stop’ platform for multiple gripper varieties. This acquisition of SAS Automation fits the bill of Piab’s strategy to boost its market sustenance via organic growth and through acquisition of industry leaders.
  • In 2019, Robotiq, a leading provider of software and tools for collaborative robotics space, inaugurated its European headquarters in Lyon, France. This expansion was aimed at boosting the production capabilities of the company in the European region, as Europe remains one of the top priorities of the company with respect to profitability. This new establishment will enable the company to seamlessly expand its regional operations and retain balance in the demand-supply equation.

Additional key players operating in the global robotic end of arm tools (EOAT) market include ABB Ltd., DESTACO, Bastian Solutions LLC, J.H. Benedict Co. Inc., ASS End of Arm Tools, Inc., FIPA Gmbh, Festo AG & Co. KG, SCHUNK GmbH & Co. KG, EMI Corporation, OnRobot A/S, Soft Robotics Inc., IPR – Intelligente Peripherien fuer Roboter GmbH, and other market players.

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