Robotic Grippers Market
Robotic Grippers Market Forecasts to 2030 - Global Analysis By Type (Servo Electric Grippers, Hydraulic Grippers, Pneumatic Grippers, Vacuum Grippers and Magnetic Grippers), Design, Application, End User and By Geography
According to Stratistics MRC, the Global Robotic Grippers Market is accounted for $1.7 billion in 2023 and is expected to reach $3.6 billion by 2030 growing at a CAGR of 11.4% during the forecast period. Robot grippers are tools that industrial robots connect to the ends of their arms as end-effectors or end-of-arm tooling. The main purpose of robot grippers is material handling. The actual point of contact between a robot arm and the work item is a robot gripper. Robotic grippers are able to pick up, hold, move, and grab objects. Robots grip similarly to human hands. There are additional robotic grippers with finger structures available.
Market Dynamics:
Driver:
Increasing demand for automation and advancements in robotics technology
Robotic grippers are in greater demand as a result of the advent of Industry 4.0 and the expanding need for automation across a number of industries. Robotic grippers are crucial parts of automated systems that are utilized in manufacturing and other sectors to increase effectiveness, productivity, and safety. New robotic technologies like artificial intelligence, machine learning, and sensors have enabled the development of more sophisticated and advanced robotic grippers. These developments have made it possible for robotic grippers to carry out intricate tasks with more accuracy, speed, and adaptability.
Restraint:
High cost and technical complexity
Robotic grippers, particularly those with cutting-edge features and capabilities, can be expensive. This can make it challenging for certain businesses—particularly smaller ones with limited budgets—to properly invest in robotic grippers. Robotic gripper design and integration can be technically challenging and demand specific training and experience. This complexity may result in longer development timelines, the need for specialist maintenance, and higher overall ownership costs.
Opportunity:
Rising adoption in e-commerce and logistics
Robotic grippers that can handle and sort a variety of products are in more demand as a result of the expansion of the e-commerce and logistics sectors. Automating the handling and sorting of packages and products with robotic grippers has increased efficiency, decreased errors, and decreased prices. These opportunities will create possibility for the growth of the market expansion.
Threat:
Limited flexibility and safety concerns
Some robotic grippers have limited flexibility and adaptation since they are made for specific tasks or applications. If robotic grippers are only useful for a small number of employment opportunities, it may be challenging for businesses to justify the expense of the investment. Robotic grippers can be hazardous to employ, especially in fields like manufacturing where they may come into contact with humans. It might be difficult to ensure that robotic grippers are secure and do not endanger human operators.
Covid-19 Impact:
Due to the worldwide interruption of manufacturing operations, the ongoing COVID-19 pandemic is anticipated to have a substantial effect on the market in 2020. Additionally, the market will be unstable in the years to come due to rising trade tensions with China, one of the key regions in the market.
The servo electric grippers segment is expected to be the largest during the forecast period
Servo electric grippers segment is expected to dominate the market throughout the forecast period. Robotic grippers that are referred to as servo-electric grippers employ an electric motor and servo drive to precisely and repeatedly regulate the grasping force and position. In comparison to other types of grippers, such as pneumatic or hydraulic grippers, servo-electric grippers are more accurate and precise. Additionally, they are therefore perfect for applications requiring great precision and repeatability, such as those used in the semiconductor and electronics industries.
The needle grippers segment is expected to have the highest CAGR during the forecast period
The robotic grippers market's needle grippers sector is anticipated to experience the highest compound annual growth rate (CAGR). Robotic grippers known as "needle grippers" are used to grasp and handle products. There are many different uses for needle grippers, such as assembling, packaging, and inspection. They are therefore a flexible and adaptable solution for numerous industrial and production operations.
Region with largest share:
The robotic gripper market is dominated by the North American area, and this trend of dominance will continue during the projected period. This is a result of rising spending on R&D in this area and the early adoption of robot grippers because they are cost-effective and aid in raising productivity.
Region with highest CAGR:
Due to the rapid use of robot grippers in the region and their versatility for a wide range of designs and parts, the Asia-Pacific robot grippers market is anticipated to expand at a significant CAGR during the forecast period. Moreover, due to the expanding number of end-user industries as well as the rising demand for and adoption of automated industrial services, the Asia-Pacific region is expected to experience substantial market expansion.
Key players in the market
Some of the key players in Robotic Grippers market include Grabit, Soft Robotics, Bastian Solutions, SAS Automation, FIPA, RAD, Schmalz, Applied Robotics, IAI, EMI, Destaco, Zimmer, Robotiq, SMC, Festo and Schunk.
Key Developments:
In April 2019, OnRobot, launched VGC10, which is a compact electric vaccum gripper. This is smaller and lighter version of the comapany’s VG10 gripper, which is ideal for constrained environments and smaller robot arms.
In January 2019, Festo launched adaptive gripper. This gripper has silicone cap, which can fold itself over and grip objects of any shape, thereby creating a form-fitting grip on the subject.
Types Covered:
• Servo Electric Grippers
• Hydraulic Grippers
• Pneumatic Grippers
• Vacuum Grippers
• Magnetic Grippers
Designs Covered:
• Needle Grippers
• Jamming Grippers
• Adaptive or Multi Finger
• Three Finger Jaw Grippers
• Two Finger Jaw Grippers
Applications Covered:
• Inspection
• Material Handling
• General Assembly
End Users Covered:
• Healthcare
• Food & Beverages
• Logistics
• Chemical & Pharmaceutical
• Electronics & Semiconductors
• Automotive & Transportation
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Robotic Grippers Market, By Type
5.1 Introduction
5.2 Servo Electric Grippers
5.3 Hydraulic Grippers
5.4 Pneumatic Grippers
5.5 Vacuum Grippers
5.6 Magnetic Grippers
6 Global Robotic Grippers Market, By Design
6.1 Introduction
6.2 Needle Grippers
6.3 Jamming Grippers
6.4 Adaptive or Multi Finger
6.5 Three Finger Jaw Grippers
6.6 Two Finger Jaw Grippers
7 Global Robotic Grippers Market, By Application
7.1 Introduction
7.2 Inspection
7.3 Material Handling
7.4 General Assembly
8 Global Robotic Grippers Market, By End User
8.1 Introduction
8.2 Healthcare
8.3 Food & Beverages
8.4 Logistics
8.5 Chemical & Pharmaceutical
8.6 Electronics & Semiconductors
8.7 Automotive & Transportation
8.8 Other End Users
9 Global Robotic Grippers Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Grabit
11.2 Soft Robotics
11.3 Bastian Solutions
11.4 SAS Automation
11.5 FIPA
11.6 RAD
11.7 Schmalz
11.8 Applied Robotics
11.9 IAI
11.10 EMI
11.11 Destaco
11.12 Zimmer
11.13 Robotiq
11.14 SMC
11.15 Festo
11.16 Schunk
List of Tables
1 Global Robotic Grippers Market Outlook, By Region (2021-2030) ($MN)
2 Global Robotic Grippers Market Outlook, By Type (2021-2030) ($MN)
3 Global Robotic Grippers Market Outlook, By Servo Electric Grippers (2021-2030) ($MN)
4 Global Robotic Grippers Market Outlook, By Hydraulic Grippers (2021-2030) ($MN)
5 Global Robotic Grippers Market Outlook, By Pneumatic Grippers (2021-2030) ($MN)
6 Global Robotic Grippers Market Outlook, By Vacuum Grippers (2021-2030) ($MN)
7 Global Robotic Grippers Market Outlook, By Magnetic Grippers (2021-2030) ($MN)
8 Global Robotic Grippers Market Outlook, By Design (2021-2030) ($MN)
9 Global Robotic Grippers Market Outlook, By Needle Grippers (2021-2030) ($MN)
10 Global Robotic Grippers Market Outlook, By Jamming Grippers (2021-2030) ($MN)
11 Global Robotic Grippers Market Outlook, By Adaptive or Multi Finger (2021-2030) ($MN)
12 Global Robotic Grippers Market Outlook, By Three Finger Jaw Grippers (2021-2030) ($MN)
13 Global Robotic Grippers Market Outlook, By Two Finger Jaw Grippers (2021-2030) ($MN)
14 Global Robotic Grippers Market Outlook, By Application (2021-2030) ($MN)
15 Global Robotic Grippers Market Outlook, By Inspection (2021-2030) ($MN)
16 Global Robotic Grippers Market Outlook, By Material Handling (2021-2030) ($MN)
17 Global Robotic Grippers Market Outlook, By General Assembly (2021-2030) ($MN)
18 Global Robotic Grippers Market Outlook, By End User (2021-2030) ($MN)
19 Global Robotic Grippers Market Outlook, By Healthcare (2021-2030) ($MN)
20 Global Robotic Grippers Market Outlook, By Food & Beverages (2021-2030) ($MN)
21 Global Robotic Grippers Market Outlook, By Logistics (2021-2030) ($MN)
22 Global Robotic Grippers Market Outlook, By Chemical & Pharmaceutical (2021-2030) ($MN)
23 Global Robotic Grippers Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
24 Global Robotic Grippers Market Outlook, By Automotive & Transportation (2021-2030) ($MN)
25 Global Robotic Grippers Market Outlook, By Other End Users (2021-2030) ($MN)
26 North America Robotic Grippers Market Outlook, By Country (2021-2030) ($MN)
27 North America Robotic Grippers Market Outlook, By Type (2021-2030) ($MN)
28 North America Robotic Grippers Market Outlook, By Servo Electric Grippers (2021-2030) ($MN)
29 North America Robotic Grippers Market Outlook, By Hydraulic Grippers (2021-2030) ($MN)
30 North America Robotic Grippers Market Outlook, By Pneumatic Grippers (2021-2030) ($MN)
31 North America Robotic Grippers Market Outlook, By Vacuum Grippers (2021-2030) ($MN)
32 North America Robotic Grippers Market Outlook, By Magnetic Grippers (2021-2030) ($MN)
33 North America Robotic Grippers Market Outlook, By Design (2021-2030) ($MN)
34 North America Robotic Grippers Market Outlook, By Needle Grippers (2021-2030) ($MN)
35 North America Robotic Grippers Market Outlook, By Jamming Grippers (2021-2030) ($MN)
36 North America Robotic Grippers Market Outlook, By Adaptive or Multi Finger (2021-2030) ($MN)
37 North America Robotic Grippers Market Outlook, By Three Finger Jaw Grippers (2021-2030) ($MN)
38 North America Robotic Grippers Market Outlook, By Two Finger Jaw Grippers (2021-2030) ($MN)
39 North America Robotic Grippers Market Outlook, By Application (2021-2030) ($MN)
40 North America Robotic Grippers Market Outlook, By Inspection (2021-2030) ($MN)
41 North America Robotic Grippers Market Outlook, By Material Handling (2021-2030) ($MN)
42 North America Robotic Grippers Market Outlook, By General Assembly (2021-2030) ($MN)
43 North America Robotic Grippers Market Outlook, By End User (2021-2030) ($MN)
44 North America Robotic Grippers Market Outlook, By Healthcare (2021-2030) ($MN)
45 North America Robotic Grippers Market Outlook, By Food & Beverages (2021-2030) ($MN)
46 North America Robotic Grippers Market Outlook, By Logistics (2021-2030) ($MN)
47 North America Robotic Grippers Market Outlook, By Chemical & Pharmaceutical (2021-2030) ($MN)
48 North America Robotic Grippers Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
49 North America Robotic Grippers Market Outlook, By Automotive & Transportation (2021-2030) ($MN)
50 North America Robotic Grippers Market Outlook, By Other End Users (2021-2030) ($MN)
51 Europe Robotic Grippers Market Outlook, By Country (2021-2030) ($MN)
52 Europe Robotic Grippers Market Outlook, By Type (2021-2030) ($MN)
53 Europe Robotic Grippers Market Outlook, By Servo Electric Grippers (2021-2030) ($MN)
54 Europe Robotic Grippers Market Outlook, By Hydraulic Grippers (2021-2030) ($MN)
55 Europe Robotic Grippers Market Outlook, By Pneumatic Grippers (2021-2030) ($MN)
56 Europe Robotic Grippers Market Outlook, By Vacuum Grippers (2021-2030) ($MN)
57 Europe Robotic Grippers Market Outlook, By Magnetic Grippers (2021-2030) ($MN)
58 Europe Robotic Grippers Market Outlook, By Design (2021-2030) ($MN)
59 Europe Robotic Grippers Market Outlook, By Needle Grippers (2021-2030) ($MN)
60 Europe Robotic Grippers Market Outlook, By Jamming Grippers (2021-2030) ($MN)
61 Europe Robotic Grippers Market Outlook, By Adaptive or Multi Finger (2021-2030) ($MN)
62 Europe Robotic Grippers Market Outlook, By Three Finger Jaw Grippers (2021-2030) ($MN)
63 Europe Robotic Grippers Market Outlook, By Two Finger Jaw Grippers (2021-2030) ($MN)
64 Europe Robotic Grippers Market Outlook, By Application (2021-2030) ($MN)
65 Europe Robotic Grippers Market Outlook, By Inspection (2021-2030) ($MN)
66 Europe Robotic Grippers Market Outlook, By Material Handling (2021-2030) ($MN)
67 Europe Robotic Grippers Market Outlook, By General Assembly (2021-2030) ($MN)
68 Europe Robotic Grippers Market Outlook, By End User (2021-2030) ($MN)
69 Europe Robotic Grippers Market Outlook, By Healthcare (2021-2030) ($MN)
70 Europe Robotic Grippers Market Outlook, By Food & Beverages (2021-2030) ($MN)
71 Europe Robotic Grippers Market Outlook, By Logistics (2021-2030) ($MN)
72 Europe Robotic Grippers Market Outlook, By Chemical & Pharmaceutical (2021-2030) ($MN)
73 Europe Robotic Grippers Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
74 Europe Robotic Grippers Market Outlook, By Automotive & Transportation (2021-2030) ($MN)
75 Europe Robotic Grippers Market Outlook, By Other End Users (2021-2030) ($MN)
76 Asia Pacific Robotic Grippers Market Outlook, By Country (2021-2030) ($MN)
77 Asia Pacific Robotic Grippers Market Outlook, By Type (2021-2030) ($MN)
78 Asia Pacific Robotic Grippers Market Outlook, By Servo Electric Grippers (2021-2030) ($MN)
79 Asia Pacific Robotic Grippers Market Outlook, By Hydraulic Grippers (2021-2030) ($MN)
80 Asia Pacific Robotic Grippers Market Outlook, By Pneumatic Grippers (2021-2030) ($MN)
81 Asia Pacific Robotic Grippers Market Outlook, By Vacuum Grippers (2021-2030) ($MN)
82 Asia Pacific Robotic Grippers Market Outlook, By Magnetic Grippers (2021-2030) ($MN)
83 Asia Pacific Robotic Grippers Market Outlook, By Design (2021-2030) ($MN)
84 Asia Pacific Robotic Grippers Market Outlook, By Needle Grippers (2021-2030) ($MN)
85 Asia Pacific Robotic Grippers Market Outlook, By Jamming Grippers (2021-2030) ($MN)
86 Asia Pacific Robotic Grippers Market Outlook, By Adaptive or Multi Finger (2021-2030) ($MN)
87 Asia Pacific Robotic Grippers Market Outlook, By Three Finger Jaw Grippers (2021-2030) ($MN)
88 Asia Pacific Robotic Grippers Market Outlook, By Two Finger Jaw Grippers (2021-2030) ($MN)
89 Asia Pacific Robotic Grippers Market Outlook, By Application (2021-2030) ($MN)
90 Asia Pacific Robotic Grippers Market Outlook, By Inspection (2021-2030) ($MN)
91 Asia Pacific Robotic Grippers Market Outlook, By Material Handling (2021-2030) ($MN)
92 Asia Pacific Robotic Grippers Market Outlook, By General Assembly (2021-2030) ($MN)
93 Asia Pacific Robotic Grippers Market Outlook, By End User (2021-2030) ($MN)
94 Asia Pacific Robotic Grippers Market Outlook, By Healthcare (2021-2030) ($MN)
95 Asia Pacific Robotic Grippers Market Outlook, By Food & Beverages (2021-2030) ($MN)
96 Asia Pacific Robotic Grippers Market Outlook, By Logistics (2021-2030) ($MN)
97 Asia Pacific Robotic Grippers Market Outlook, By Chemical & Pharmaceutical (2021-2030) ($MN)
98 Asia Pacific Robotic Grippers Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
99 Asia Pacific Robotic Grippers Market Outlook, By Automotive & Transportation (2021-2030) ($MN)
100 Asia Pacific Robotic Grippers Market Outlook, By Other End Users (2021-2030) ($MN)
101 South America Robotic Grippers Market Outlook, By Country (2021-2030) ($MN)
102 South America Robotic Grippers Market Outlook, By Type (2021-2030) ($MN)
103 South America Robotic Grippers Market Outlook, By Servo Electric Grippers (2021-2030) ($MN)
104 South America Robotic Grippers Market Outlook, By Hydraulic Grippers (2021-2030) ($MN)
105 South America Robotic Grippers Market Outlook, By Pneumatic Grippers (2021-2030) ($MN)
106 South America Robotic Grippers Market Outlook, By Vacuum Grippers (2021-2030) ($MN)
107 South America Robotic Grippers Market Outlook, By Magnetic Grippers (2021-2030) ($MN)
108 South America Robotic Grippers Market Outlook, By Design (2021-2030) ($MN)
109 South America Robotic Grippers Market Outlook, By Needle Grippers (2021-2030) ($MN)
110 South America Robotic Grippers Market Outlook, By Jamming Grippers (2021-2030) ($MN)
111 South America Robotic Grippers Market Outlook, By Adaptive or Multi Finger (2021-2030) ($MN)
112 South America Robotic Grippers Market Outlook, By Three Finger Jaw Grippers (2021-2030) ($MN)
113 South America Robotic Grippers Market Outlook, By Two Finger Jaw Grippers (2021-2030) ($MN)
114 South America Robotic Grippers Market Outlook, By Application (2021-2030) ($MN)
115 South America Robotic Grippers Market Outlook, By Inspection (2021-2030) ($MN)
116 South America Robotic Grippers Market Outlook, By Material Handling (2021-2030) ($MN)
117 South America Robotic Grippers Market Outlook, By General Assembly (2021-2030) ($MN)
118 South America Robotic Grippers Market Outlook, By End User (2021-2030) ($MN)
119 South America Robotic Grippers Market Outlook, By Healthcare (2021-2030) ($MN)
120 South America Robotic Grippers Market Outlook, By Food & Beverages (2021-2030) ($MN)
121 South America Robotic Grippers Market Outlook, By Logistics (2021-2030) ($MN)
122 South America Robotic Grippers Market Outlook, By Chemical & Pharmaceutical (2021-2030) ($MN)
123 South America Robotic Grippers Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
124 South America Robotic Grippers Market Outlook, By Automotive & Transportation (2021-2030) ($MN)
125 South America Robotic Grippers Market Outlook, By Other End Users (2021-2030) ($MN)
126 Middle East & Africa Robotic Grippers Market Outlook, By Country (2021-2030) ($MN)
127 Middle East & Africa Robotic Grippers Market Outlook, By Type (2021-2030) ($MN)
128 Middle East & Africa Robotic Grippers Market Outlook, By Servo Electric Grippers (2021-2030) ($MN)
129 Middle East & Africa Robotic Grippers Market Outlook, By Hydraulic Grippers (2021-2030) ($MN)
130 Middle East & Africa Robotic Grippers Market Outlook, By Pneumatic Grippers (2021-2030) ($MN)
131 Middle East & Africa Robotic Grippers Market Outlook, By Vacuum Grippers (2021-2030) ($MN)
132 Middle East & Africa Robotic Grippers Market Outlook, By Magnetic Grippers (2021-2030) ($MN)
133 Middle East & Africa Robotic Grippers Market Outlook, By Design (2021-2030) ($MN)
134 Middle East & Africa Robotic Grippers Market Outlook, By Needle Grippers (2021-2030) ($MN)
135 Middle East & Africa Robotic Grippers Market Outlook, By Jamming Grippers (2021-2030) ($MN)
136 Middle East & Africa Robotic Grippers Market Outlook, By Adaptive or Multi Finger (2021-2030) ($MN)
137 Middle East & Africa Robotic Grippers Market Outlook, By Three Finger Jaw Grippers (2021-2030) ($MN)
138 Middle East & Africa Robotic Grippers Market Outlook, By Two Finger Jaw Grippers (2021-2030) ($MN)
139 Middle East & Africa Robotic Grippers Market Outlook, By Application (2021-2030) ($MN)
140 Middle East & Africa Robotic Grippers Market Outlook, By Inspection (2021-2030) ($MN)
141 Middle East & Africa Robotic Grippers Market Outlook, By Material Handling (2021-2030) ($MN)
142 Middle East & Africa Robotic Grippers Market Outlook, By General Assembly (2021-2030) ($MN)
143 Middle East & Africa Robotic Grippers Market Outlook, By End User (2021-2030) ($MN)
144 Middle East & Africa Robotic Grippers Market Outlook, By Healthcare (2021-2030) ($MN)
145 Middle East & Africa Robotic Grippers Market Outlook, By Food & Beverages (2021-2030) ($MN)
146 Middle East & Africa Robotic Grippers Market Outlook, By Logistics (2021-2030) ($MN)
147 Middle East & Africa Robotic Grippers Market Outlook, By Chemical & Pharmaceutical (2021-2030) ($MN)
148 Middle East & Africa Robotic Grippers Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
149 Middle East & Africa Robotic Grippers Market Outlook, By Automotive & Transportation (2021-2030) ($MN)
150 Middle East & Africa Robotic Grippers Market Outlook, By Other End Users (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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