Robot End-Effector Market Set for Massive Growth : OnRobot A/S, Piab, Robotiq, ABB, Applied Robotics, ATI Industrial Automation, Bastian Solutions, DESTACO
The automotive sector holds over 35% of the robot end-effector market share as deploying robots' aids in increasing the work output as compared to manual labor. Furthermore, changing trends, such as the development of energy-efficient drive systems and electric vehicles, are further causing consumers to replace their existing vehicles with modernized vehicles. Furthermore, there is a high rate of competition amongst market players causing them to seek automation to meet the consumer demand. In addition, the demand for these systems...
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