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The robot end-effector market is projected to attain a CAGR of approximately 15% over the forecast period (2021 - 2026)

Share: New York, March 17, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Robot End-Effector Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) - https://www.reportlinker.com/p06036761/?utm source=GNW This is leading to robotic innovations including end-effectors for various surfaces as well as with different degrees of freedom, to handle routine tasks. - The rapidly growing market for automation has increased the demand for the deployment of robotics systems across various end-user industries globally, which is driving the demand for robot end-effectors. Emerging markets are more slanted towards automation due to intense competition in the market and need to improve product quality and the speed of production. This led to several robotic innovations, including end-effectors for various surfaces and different degrees of freedom, to handle routine tasks.

Logistics Automation Market worth $88 9 billion by 2026 - Exclusive Report by MarketsandMarkets

Logistics Automation Market worth $88.9 billion by 2026 - Exclusive Report by MarketsandMarkets Logistics Automation Market by Component, Function (Warehouse and Storage Management, Transportation Management), Organization Size (SMES, Large Enterprises), Vertical (3PL, Retail and Ecommerce, FMCG, Manufacturing), and Region - Global Forecast to 2026 , published by MarketsandMarkets, the market size is projected to grow from USD 48.4 billion in 2020 to USD 88.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The Logistics Automation Market is gaining traction due digital transformation in the logistics industry, emergence of IoT, exponential growth in the eCommerce industry, advancements in robotics, and growing need to ensure workforce safety.

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