According to the new market research report “Vacuum Grippers – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Vacuum Grippers market size is projected to grow from USD 57 million in 2023 to USD 363 million by 2029, at a CAGR of 36.1% during the forecast period.
- Global Vacuum Grippers MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Vacuum Grippers – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Vacuum Grippers Top9Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Vacuum Grippers – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
This report profiles key players of Vacuum Grippers such as Schmalz, Piab AB, SMC, etc.
In 2022, the global top three Vacuum Grippers players account for 52% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Vacuum Grippers.
Market Drivers:
As industries seek to improve efficiency, productivity, and quality control, there’s a growing adoption of automation technologies. Vacuum grippers play a vital role in automated processes by handling various objects, parts, or products reliably and efficiently, driving demand for these systems.
The exponential growth of e-commerce and the expansion of warehousing and logistics sectors have led to increased demand for automated material handling solutions. Vacuum grippers enable the handling of diverse products, including irregularly shaped items, fragile goods, and packages of varying sizes, facilitating the automation of order fulfillment processes.
Restraint:
Vacuum grippers may not be suitable for handling all types of surfaces or materials, particularly those that are porous, rough, or non-uniform. This limitation can restrict their applicability in certain industries or applications where alternative handling solutions may be required.
Vacuum grippers require regular maintenance, including inspection, cleaning, and replacement of suction cups and other components to ensure optimal performance and reliability. Additionally, operating expenses such as energy consumption and compressed air usage can add to the overall cost of ownership, impacting the economic feasibility of vacuum gripper systems.
Opportunity:
While vacuum grippers have traditionally been used in manufacturing and logistics, there’s an opportunity to expand their presence into emerging industries such as food and beverage, pharmaceuticals, electronics, and healthcare. With advancements in materials and design, vacuum grippers can be tailored to meet the unique handling requirements of these sectors, opening up new market opportunities.
The growing adoption of collaborative robots, or cobots, presents a significant opportunity for vacuum gripper manufacturers. Integrating vacuum grippers with cobots enables safe and efficient human-robot collaboration in shared workspaces, expanding the potential applications of vacuum gripper technology across various industries, including small and medium-sized enterprises (SMEs) with limited automation expertise.
About The Authors
Gao Jinjie – the main analyst of this article
Email: gaojinjie@qyresearch.com
Mr. Gao has 3 years of industry research experience and focuses on research in related fields of medical and consumer goods industry chains, including health products, medical services, medical drugs, etc. Some research topics include biomedical research, semiconductor industry, test robots, mechanical equipment, electronic components, etc.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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