Global Parallel Robotic Gripper Market Growth 2025-2031

The global Parallel Robotic Gripper market size is predicted to grow from US$ 4491 million in 2025 to US$ 7288 million in 2031; it is expected to grow at a CAGR of 8.4% from 2025 to 2031.

Parallel robots are a sub-segment of industrial robots, referring to robots whose arms contain rods that form a closed-loop structure. Parallel robots are mainly composed of a dynamic platform, a static platform, and at least two independent motion branches. They have two or more degrees of freedom and have the advantages of fast movement speed, high rigidity, and high precision. They are mainly used for high-speed sorting and packaging in integrated mechanical equipment and production lines.

The driving factors of the parallel robot market mainly include the following:

Increased demand for industrial automation and intelligent manufacturing

With the transformation and upgrading of the global manufacturing industry, industrial automation and intelligent manufacturing have become mainstream trends. Parallel robots, with their advantages of high precision, high speed, large load and strong flexibility, play an increasingly important role in industrial automation and intelligent manufacturing. Especially in the automotive, electronics, food, medicine and other industries, parallel robots have become an important tool for improving production efficiency, reducing production costs and ensuring product quality.

The disappearance of the demographic dividend and the rise in labor costs

In many countries and regions, the demographic dividend is gradually disappearing and labor costs are rising. This has put manufacturing companies under greater cost pressure and urgently needs to improve production efficiency through automation and intelligent means. As an efficient automated production equipment, parallel robots can significantly reduce labor costs and improve production efficiency, so they have received widespread attention and application from manufacturing companies.

Technological progress and industrial upgrading

With the continuous advancement of robot technology and industrial upgrading, the performance of parallel robots has been significantly improved. For example, by adopting advanced sensors, controllers, actuators and other technologies, parallel robots can achieve more accurate, efficient and stable motion control. At the same time, with the continuous expansion and deepening of the application scenarios of parallel robots, its market demand has also been further released.

Policy support and industrial planning

Governments of various countries have introduced policies to support the development of the robot industry and promote the automation and intelligent upgrading of the manufacturing industry. For example, the Chinese government has formulated industrial plans such as "Made in China 2025", which clearly proposes to vigorously develop the robot industry and promote the transformation and upgrading of the manufacturing industry. These policies provide strong guarantees and support for the development of the parallel robot market.

Market demand and competitive landscape

The market demand for parallel robots continues to grow, especially in light industries such as 3C electronics, food packaging, medicine, and daily chemicals. The demand for parallel robots in these fields mainly stems from their product characteristics, such as large number of products, small size, and strong production capacity. At the same time, with the intensification of market competition, parallel robot companies need to continuously innovate and improve product quality to meet market demand and maintain competitive advantages.

Attention and support from investment institutions

In recent years, more and more investment institutions have begun to pay attention to the parallel robot market and actively participate in the financing and mergers and acquisitions of related companies. The attention and support of these investment institutions have provided more funds and resources for the development of the parallel robot market, and promoted the rapid growth and expansion of related companies.

In summary, the driving factors of the parallel robot market mainly include the increase in demand for industrial automation and intelligent manufacturing, the disappearance of the demographic dividend and the increase in labor costs, technological progress and industrial upgrading, policy support and industrial planning, market demand and competition pattern, and the attention and support of investment institutions. These factors have jointly promoted the rapid development and sustained growth of the parallel robot market.

LP Information, Inc. (LPI) ' newest research report, the “Parallel Robotic Gripper Industry Forecast” looks at past sales and reviews total world Parallel Robotic Gripper sales in 2024, providing a comprehensive analysis by region and market sector of projected Parallel Robotic Gripper sales for 2025 through 2031. With Parallel Robotic Gripper sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parallel Robotic Gripper industry.

This Insight Report provides a comprehensive analysis of the global Parallel Robotic Gripper landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parallel Robotic Gripper portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Parallel Robotic Gripper market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parallel Robotic Gripper and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parallel Robotic Gripper.

This report presents a comprehensive overview, market shares, and growth opportunities of Parallel Robotic Gripper market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Electric
Pneumatic

Segmentation by Application:
Automotive Manufacturing
Electonics/Electrical
Metal Products
Food/Beverage/Personal Care
Rubber/Plastics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Fanuc
Yaskawa
Omron
Kawasaki Heavy Industries
Bokent
AtomRobot
Yifei
Penta Robotics
Huasheng Control

Key Questions Addressed in this Report

What is the 10-year outlook for the global Parallel Robotic Gripper market?

What factors are driving Parallel Robotic Gripper market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Parallel Robotic Gripper market opportunities vary by end market size?

How does Parallel Robotic Gripper break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.