Lewes, DE -- (SBWIRE) -- 07/31/2018 -- Electric Gripper market will register a 8.1% CAGR in terms of revenue, reach US$ 260 million by 2023, from US$ 160 million in 2017.

An electric gripper is a tool mounted on the equipment to grip work pieces. By opening and closing the fingers powered by electric motor rather than pneumatic power, the electric gripper grips and releases work pieces.

Electric gripper and pneumatic gripper are two different types of gripper both widely used in various automation applications. Compared with pneumatic gripper, electric gripper are more cleaner grippers, need no air lines and save on power and maintenance, and electric gripper is more suitable to be used for detect grip.

Compared with pneumatic gripper, electric gripper is relatively a new born product; but the market of electric gripper is growing with a quite considerable speed. There are two types of electric grippers which are commonly produced and used, which includes two-finger electric gripper and three-finger electric gripper. Electric gripper is environmentally friendly and much more silent at operating, and they are more suitable than pneumatic gripper in many application situation.

Worldwide, there are about thirty manufacturers of electric grippers; and there is growing number of enterprises are entering the market attracted by the market potential. SCHUNK, SMC, Destaco, IAI and Parker Hannifin are the top five manufacturers of electric gripper in the market currently; they account more than half of the market total production volume of electric gripper.

In the next five years, the global production of electric gripper is forecasted to maintain a 8%-11% annual growth rate, and the production volume is expected in 2022 will be 195 thousand units.

Over the next five years,study projects that Electric Gripper will register a 8.1% CAGR in terms of revenue, reach US$ 260 million by 2023, from US$ 160 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Samsung
SCHUNK
SMC
Destaco
IAI
Parker Hannifin
Festo
Yamaha Motor
SMAC
Gimatic
PHD
HIWIN
Camozzi
Zimmer
Sichuan Dongju

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Two-Finger Electric Gripper
Three-Finger Electric Gripper

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Automotive Manufacturing
Electonics/Electrical
Metal Products
Food/Beverage/personal Care
Rubber/Plastics
Others

Spanning over 142 pages "Forecast of Global Electric Gripper Market 2023" report covers Electric Gripper Market Overview, Global Electric Gripper Sales, Revenue (Value) and Market Share by Players, Global Electric Gripper Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Electric Gripper Sales, Revenue and Price, Europe Top 5 Players Electric Gripper Sales, Revenue and Price, Asia-Pacific Top 5 Players Electric Gripper Sales, Revenue and Price, South America Top 5 Players Electric Gripper Sales, Revenue and Price, Middle East & Africa Top 5 Players Electric Gripper Sales, Revenue and Price, Global Electric Gripper Players Profiles/Analysis, Global Electric Gripper Market Forecast (2018-2023), Electric Gripper Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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