Future Prospect of Robot End-Effector Market 2019-2024 - Growth and Industry Overview with Major Key Players
The robot end-effector market is expected to grow from USD 2.6 billion in 2019 to USD 5.7 billion by 2024, at a CAGR of 16.9% during the forecast period. The increase in the adoption of modular end-effectors is one of the key factors driving the growth of the robot end-effector market. Apart from this, growing awareness about benefits and features of collaborative robots (cobots) is also a key factor fueling the market growth.
View full press release