It is quite simple, in fact a tool changer is a device that is fixed on the wrist of the robot and allows the robotic cell to switch from one tool to another. This means that you can have several tools in a same area to complete a particular set of tasks. For example, if an operation requires assembly, testing and material handling, the tool changer can take each tool individually and switch them one after the other to complete its required tasks.
This report contains market size and forecasts of Tool Changer in global, including the following market information:
Global Tool Changer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tool Changer Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Tool Changer companies in 2021 (%)
The global Tool Changer market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Automatic Tool Changer Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tool Changer include Daeyoung Tech Co., Ltd., Gimatic Automation Engineering (Changshu) Co., Ltd, Disk Auto-tool Changer CNC Router, Shandong Glory Machinery Co.,Ltd, Shandong Chencan Machine Co.,ltd, Liaocheng Ray Fine Technology Co., Ltd, ATI Industrial Automation, Schunk and Staubli, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tool Changer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tool Changer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tool Changer Market Segment Percentages, by Type, 2021 (%)
Automatic Tool Changer
Robotic Tool Changer
Global Tool Changer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tool Changer Market Segment Percentages, by Application, 2021 (%)
Drum Type
Chain Type
Global Tool Changer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tool Changer Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tool Changer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tool Changer revenues share in global market, 2021 (%)
Key companies Tool Changer sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Tool Changer sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daeyoung Tech Co., Ltd.
Gimatic Automation Engineering (Changshu) Co., Ltd
Disk Auto-tool Changer CNC Router
Shandong Glory Machinery Co.,Ltd
Shandong Chencan Machine Co.,ltd
Liaocheng Ray Fine Technology Co., Ltd
ATI Industrial Automation
Schunk
Staubli
Applied Robotics
RSP
Haas Automation
Millibar
Zimmer Group
Pascal Corporation
Hiteco
Elme