Industrial Parallel Electric Gripper Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.9 Billion by 2030, growing at a CAGR of 12.4% from 2024 to 2030.
In comparison, the Industrial Parallel Electric Gripper market outlook for 2023 to 2033 presents an even more promising trajectory. The global push toward Industry 4.0 and increased automation in manufacturing will continue to fuel demand for these devices. With emerging technologies such as artificial intelligence (AI) and machine learning (ML) integrated into robotic systems, electric grippers are expected to evolve with smarter, more adaptive capabilities. This technological shift will allow electric grippers to cater to more complex tasks, such as handling fragile or irregularly shaped objects, which were traditionally challenging for conventional grippers. Market research predicts that the demand for electric grippers will see a sharp increase, driven by not only industrial robotics but also advancements in material handling and collaborative robots (cobots). Automation in small and medium-sized enterprises (SMEs) is expected to further propel growth, creating new opportunities in previously underserved markets.
The period from 2023 to 2033 is expected to witness a robust demand for customized electric grippers, where industries will seek tailor-made solutions for specific applications. This customization trend will be fueled by the desire for greater precision, versatility, and integration with AI-driven systems, aligning with the broader automation trends. As a result, companies specializing in electric grippers will invest heavily in innovation and user-centric solutions. Furthermore, the rise of sustainability and the demand for energy-efficient robotic systems will drive the development of more energy-conscious electric grippers, providing industries with a cost-effective solution that doesn't compromise on performance.
Get an In-Depth Research Analysis of the Global Industrial Parallel Electric Gripper Market Size And Forecast [2025-2032]
The Industrial Parallel Electric Gripper market has shown remarkable growth from 2018 to 2022, driven by advances in automation and robotics across various sectors like manufacturing, logistics, and automotive industries. The demand for precision and efficiency in industrial operations, alongside the increasing adoption of robotic systems, played a crucial role in the growth of this market. Electric grippers, with their ability to handle a wide range of materials and objects with precision, have become indispensable in automated processes. The market saw significant investments in research and development, pushing the boundaries of gripper performance, leading to enhanced functionality in industrial robotics. The period from 2018 to 2022 was marked by a steady rise in demand, spurred by technological innovations and cost-effective solutions.
Â
SCHUNK
Gimatic
ATI
Zimmer Group
Parker Hannifin
SMC
Destaco
Festo
Yamaha Motor
Oriental Motor
Suzhou Esun Robot Technology
Shenzhen DH-Robotics
Wuhan ECKERT
HITBOT
Hiwin
Sichuan Dongju Automation Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Industrial Parallel Electric Gripper Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Parallel Electric Gripper Market
Electronic
Medical
Automobile
New Energy
Semiconductor
Home Appliances
Others
Based on Types the Market is categorized into Below types that held the largest Industrial Parallel Electric Gripper market share In 2023.
2 Jaws
3 Jaws
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Industrial Parallel Electric Gripper Market Research Analysis
1. Introduction of the Global Industrial Parallel Electric Gripper Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Parallel Electric Gripper Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Parallel Electric Gripper Market, By Type
6. Global Industrial Parallel Electric Gripper Market, By Application
7. Global Industrial Parallel Electric Gripper Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Industrial Parallel Electric Gripper Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/