Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- Gripper is a tool mounted on the equipment to grip work pieces. By opening and closing the fingers powered by electric or pneumatic power, the gripper grips and releases work pieces.
Electric gripper and pneumatic gripper are two different types of gripper both widely used in various automation applications. Compared with pneumatic gripper, electric gripper are more cleaner grippers, need no air lines and save on power and maintenance, and electric gripper is more suitable to be used for detect grip.
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Compared with pneumatic gripper, electric gripper is relatively a new born product; but the market of electric gripper is growing with a quite considerable speed. There are two types of electric grippers which are commonly produced and used, which includes two-finger electric gripper and three-finger electric gripper. Electric gripper is environmentally friendly and much more silent at operating, and they are more suitable than pneumatic gripper in many application situation.
Worldwide, there are a lot of gripper manufacturers; and there is growing number of enterprises are entering the market attracted by the market potential. SCHUNK, SMC, IAI, Parker Hannifin and Festo are the top five manufacturers of gripper in the market currently; they account more than half of the market total production volume of gripper.
North America and Europe are the largest markets of gripper currently; but the market of gripper in Asia-Pacific is forecasted to experience a higher growth speed in the following five years due to the growing downstream demand.
The global Grippers market was 850 million US$ in 2018 and is expected to 1060 million US$ by the end of 2025, growing at a CAGR of 2.9% between 2019 and 2025.
This report studies the Grippers market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
SCHUNK
SMC
Destaco
IAI
Parker Hannifin
Festo
Yamaha Motor
SMAC
Gimatic
PHD
HIWIN
Camozzi
Zimmer
Sichuan Dongju
By the product type, the market is primarily split into:
Electric Grippers
Pneumatic Grippers
By the end users/application, this report covers the following segments:
Automotive Manufacturing
Electonics/Electrical
Metal Products
Food/Beverage/Personal Care
Rubber/Plastics
Others
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