Robotic End of Arm Tools (EOAT) Market: Demand in the Automotive Industry is Estimated to Surge

Fact.MR published a recent research study on robotic end of arm tools (EOAT) market for the forecast period of 2018 to 2028. The research study on robotic end of arm tools (EOAT) market sheds light on compelling insights and factors shaping growth of robotic end of arm tools (EOAT) market over the forecast period. The report on robotic end of arm tools (EOAT) market consists of both qualitative as well as quantitative analysis of the global market to aid the readers in having a 360 degree view of the global market outlook. The report on robotic end of arm tools market also offers a detailed assessment of various macro as well as micro-economic factors shaping the growth of robotic end of arm tools (EOAT) market. Moreover, market dynamics, restraints, drivers, opportunities, and challenges, of the robotic end of arm tools (EOAT) market have also been propounded in detail in the robotic end of arm tools (EOAT) market report.

A recent research study by Fact.MR estimates global sales of robotic end of arm tools (EOAT) to surpass US$ 2,000 Mn in 2019, up from US$ 1, 900.3 Mn in 2018. This growth in sales can be attributed to the ever-evolving demand of industrial ecosystems for high productivity via industrial robotics.

With industrial ecosystems facing the constant pressure to enhance productivity and reduce operating costs, the demand for collaborative robots is higher than ever. Subsequently, evolving roles for collaborative robots bring robotic end of arm tools (EOAT) into the fore with a crucial role to play i.e. offering the desired functionality to the robot systems.

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Robotic End of Arm Tools (EOAT) Market Outlook: Key Insights

• Sales of robotic end of arm tools witnessed growth at a rate of over 8% from 2013 to 2017. In line with growing demand for industrial robots, robotic end of arm tool sales are set to witness sheer proliferation.


• Material handling segment is estimated to account for over 34% value share in 2028, emerging as the most-profitable process line.


• APEJ will continue to be the largest market for robotic end of arm tools (EOAT), as industrial ecosystems across developing countries of the region are vying to stay at the forefront of ‘Industry 4.0’.


• Japan will emerge as the fastest-growing market for robotic end of arm tools (EOAT), as majority of the industrial units in Japan invest in automation and integration of robotic technology into their production frameworks.

APEJ to Remain the Largest Market for Robotic End of Arm Tools (EOAT)

As per the Fact.MR report, APEJ will be highly lucrative region for the manufacturers in the robotic end of arm tools (EOAT) market, as the end-use industries in APEJ aim to stay at the forefront of the ‘Industry 4.0’ trend. This, in turn, is creating untapped potential for the manufacturers in the robotic end of arm tools (EOAT) market to reap sizeable profits.

Flexibility, controlled pressure, and cycle times remain three among the key considerations of end-use industries while opting for robotic end of arm tools (EOAT), unveils the Fact.MR report. By taking into account the aforementioned, manufacturers are adopting a collaborative approach for successful development of products that are well-aligned with the end-user requirements.

Apart from strategic collaborations and product launches, the manufacturers in the robotic end of arm tools (EOAT) market are participating in exhibitions and conferences to demonstrate on their new product launches. This helps them in branching out to business-to-business trade and tapping into new customer segments.

Robotic End of Arm Tools (EOAT) Market: The Competitive Landscape

• In 2017, Piab AB- a leading manufacturer of smart solutions for automated applications- announced the strategic acquisition of US-based SAS Automation. This acquisition was aimed at venturing into the segment of ‘mechanical gripping’ and strengthening the existing product portfolio of the company, which will further make it a leading ‘one-stop’ platform for multiple gripper varieties. This acquisition of SAS Automation fits the bill of Piab’s strategy to boost its market sustenance via organic growth and through acquisition of industry leaders.


• In 2019, Robotiq, a leading provider of software and tools for collaborative robotics space, inaugurated its European headquarters in Lyon, France. This expansion was aimed at boosting the production capabilities of the company in the European region, as Europe remains one of the top priorities of the company with respect to profitability. This new establishment will enable the company to seamlessly expand its regional operations and retain balance in the demand-supply equation.

Additional key players operating in the global robotic end of arm tools (EOAT) market include ABB Ltd., DESTACO, Bastian Solutions LLC, J.H. Benedict Co. Inc., ASS End of Arm Tools, Inc., FIPA Gmbh, Festo AG & Co. KG, SCHUNK GmbH & Co. KG, EMI Corporation, OnRobot A/S, Soft Robotics Inc., IPR - Intelligente Peripherien fuer Roboter GmbH, and other market players.

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