Modular Grippers Market
Modular Grippers Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Modular Grippers Market Size and Growth
The Modular Grippers market is experiencing significant growth, driven by advancements in automation and robotics. The market size is projected to reach approximately $1.2 billion by 2026, with a compound annual growth rate of around 8%. Key trends include increasing customization and integration within smart manufacturing processes, enhancing operational efficiency.
Companies Covered
(Covid 19 Impact Covered)
◍ SCHUNK
◍ SMC
◍ IAI
◍ ParkerHannifin
◍ Festo
◍ YamahaMotor
◍ Zimmer
◍ Destaco
◍ SMAC
◍ Gimatic
◍ PHD
◍ HIWIN
◍ Camozzi
◍ Afag
◍ Schmalz
◍ IBGAutomation
◍ SichuanDongju
The Modular Grippers Market features key players like SCHUNK, SMC, and Parker-Hannifin, focusing on automation solutions. These companies innovate by enhancing product offerings, improving efficiency, and expanding applications in robotics. Their advancements drive market growth. Notable sales revenues include:
- SCHUNK: €300 million
- Parker-Hannifin: $15 billion
- Festo: €3 billion.
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Market Segmentation
By Application
◍ AutomotiveManufacturing
◍ ElectronicsorElectrical
◍ MetalProducts
◍ FoodorBeverageorPersonalCare
◍ RubberorPlastics
◍ Others(MedicalDevice,etc.)
By Product
◍ ElectricGrippers
PneumaticGrippers ◍ Others
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Market Growth
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$ X Billion USD
