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Global Soft Grippers Robotics Market – Industry Trends and Forecast to 2029

Semiconductors and Electronics

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Global Soft Grippers Robotics Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Soft Grippers Robotics Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 682.30 USD Billion
Diagram Market Size (Forecast Year) USD 5,600.07 USD Billion
Diagram CAGR %

Major Markets Players

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Global Soft Grippers Robotics Market, By Type (Welding Guns, Grippers, Tool Changers, Suction Cups, Clamps, Others), Components (Hardware, Software), End-User (Medical and Healthcare, Food and Beverages, Logistics, Entertainment and Gaming, Automotive, Survey and Exploration, Others) – Industry Trends and Forecast to 2029.

Soft Grippers Robotics Market

Soft Grippers Robotics Market Analysis and Size

Soft robotics is more readily used in the food and beverages sector. The ability to handle fragile and delicate objects with flexible molded gripper and other advantages are expected to create growth opportunities for the market. The increasing modernization and rising market strategies amongst the key market players will create significant lucrative growth opportunities for the soft grippers robotics market over the forecasted period.

Global soft grippers robotics market was valued at USD 682.30 million in 2021 and is expected to reach USD 5600.07 million by 2029, registering a CAGR of 30.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Soft Grippers Robotics Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Welding Guns, Grippers, Tool Changers, Suction Cups, Clamps, Others), Components (Hardware, Software), End-User (Medical and Healthcare, Food and Beverages, Logistics, Entertainment and Gaming, Automotive, Survey and Exploration, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

CYBERDYNE INC. (Japan), Ekso Bionics (U.S.), FANUC CORPORATION (Japan), FRANKA EMIKA GmbH (Germany), GLI Technologies (Germany), Piab AB (Sweden), ReWalk Robotics (U.S.), RightHand Robotics, Inc. (U.S.), Rolls-Royce (U.K.), SynTouch Inc. (U.S.), Ubiros (U.S.), Universal Robots (Denmark), TECHMAN ROBOT INC. (Taiwan), ABB (Switzerland), KUKA AG (Germany), YASKAWA ELECTRIC CORPORATION. (Japan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (Beijing), INDIA KAWASAKI MOTORS PVT. LTD. (Japan), Ekso Bionics (U.S.), F&P Robotics AG (Switzerland), Kawada Industries Inc. (Japan)

Market Opportunities

  • Growing demands in the food and beverages sector
  • Increasing number of advantages

Market Definition

A soft robot is made up of deformable matter such as gels, fluids and elastomers and is created to address the problems that normal robots cannot address.  The rheological and elastic properties of the soft robots allow them to adapt the desired shape, withstand obstacles, and perform a broad range of tasks even in harsh environmental conditions. The end-effectors fabricated in the soft gripper robots are made up of flexible and soft components and can grasp or manipulate large variety of objects thereby, increasing the effectiveness and the efficiency of soft robots.

Global Soft Grippers Robotics Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Rising demands for soft-gripper robots

The rising adoption of soft-grippers across various sectors fuels the market growth. The soft gripper robots have a wide range of applications and usages. They can handle a wide array of irregular shapes and delicate items, making it ideal for pick and place applications in food and beverages sectors. Moreover, the soft-grippers offer various advantages such as flexibility, high-efficiency and integrated automation. All these factors are expected to drive the growth of the soft grippers robotics market over the forecasted period.

  • Rising Automation in the Food and Beverages Sector

Rising automation in the food and beverages industry is the main factor driving the growth of the soft grippers robotics market over the forecasted period. It can handle wide array of irregular shapes and delicate items, making it ideal for pick and place applications in food and beverages sectors. The rising demand for food automation has increased significantly due to the pandemic. Food processors grappling with the shortage of the labor, food safety regulations and certain other factors are driving the growth of the soft grippers robotics market over the forecasted period.

Opportunities

  • Growing Penetration and modernization

The growing penetration of soft grippers robotics market among various sectors across the globe and the rising modernization are the factors estimated to generate lucrative opportunities for the market, which will further expand the soft grippers robotics market's growth rate in the future. The emerging class of the soft, versatile, elastically soft robots can be used across various end-users such as food and beverages, automotive, packaging and manufacturing and others. All these factors are expected to generate lucrative opportunities for the market over the forecasted period.

Restraints/Challenges

  • High costs and maintenance

The installation cost and increased maintenance are the major factors expected to obstruct the market's growth over the forecasted period. These factors are projected to create challenges for the soft grippers robotics market over the forecast period.

  • Lack of awareness

Lack of awareness regarding the soft robotics and its applications in the developing countries is also a major factor hindering the growth of the soft grippers robotics market over the forecasted period.

This soft grippers robotics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the soft grippers robotics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Soft Grippers Robotics Market Scope

The soft grippers robotics market is segmented on the basis of type, components and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Welding Guns
  • Grippers
  • Tool Changers
  • Suction Cups
  • Clamps
  • Others

Components

  • Hardware
  • Software

End-User

  • Medical and Healthcare
  • Food and Beverages
  • Logistics
  • Entertainment and Gaming
  • Automotive
  • Survey and Exploration
  • Others

Soft Grippers Robotics Market Regional Analysis/Insights

The soft grippers robotics market is analyzed and market size insights and trends are provided by type, components and end-user as referenced above.

The countries covered in the soft grippers robotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the soft grippers robotics market because of presence of major market players and easy availability of technically skilled personnel within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising number of automated manufacturing units and the presence of warehouses and distribution channels within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Soft Grippers Robotics Market Share Analysis

The soft grippers robotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to soft grippers robotics market.

Some of the major players operating in the soft grippers robotics market are

  • CYBERDYNE INC. (Japan)
  • Ekso Bionics (U.S.)
  • FANUC CORPORATION (Japan)
  • FRANKA EMIKA GmbH (Germany)
  • GLI Technologies (Germany)
  • Piab AB (Sweden)
  • ReWalk Robotics (U.S.)
  • RightHand Robotics, Inc. (U.S.)
  • Rolls-Royce (U.K.)
  • SynTouch Inc. (U.S.)
  • Ubiros (U.S.)
  • Universal Robots (Denmark)
  • TECHMAN ROBOT INC. (Taiwan)
  • ABB (Switzerland)
  • KUKA AG (Germany)
  • YASKAWA ELECTRIC CORPORATION. (Japan)
  • AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (Beijing)
  • INDIA KAWASAKI MOTORS PVT. LTD. (Japan)
  • Ekso Bionics (U.S.)
  • F&P Robotics AG (Switzerland)
  • Kawada Industries Inc. (Japan)


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FREQUENTLY ASK QUESTIONS

The Soft Grippers Robotics Market is projected to grow at a CAGR of 30.10% during the forecast period by 2029.
The future market value of the Soft Grippers Robotics Market is expected to reach USD 5600.07 million by 2029.
The major players in the Soft Grippers Robotics Market are CYBERDYNE INC. (Japan), Ekso Bionics (U.S.), FANUC CORPORATION (Japan), FRANKA EMIKA GmbH (Germany), GLI Technologies (Germany), Piab AB (Sweden), ReWalk Robotics (U.S.), RightHand Robotics, Inc. (U.S.), Rolls-Royce (U.K.), SynTouch Inc. (U.S.), Ubiros (U.S.), Universal Robots (Denmark), TECHMAN ROBOT INC. (Taiwan), etc.
The country covered in the Soft Grippers Robotics Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, etc.
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