Forecast of Global Electric Gripper Market 2023

Global 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.