Global Robot Sensor Market Insights Forecasts To 2030
- The global Robot Sensor market was valued at USD 2.1 billion in 2021.
- The market is growing at a CAGR of 11.6% from 2022 to 2030
- The global Robot Sensor market is expected to reach USD 5.5 billion by 2030
- The North America is expected to grow the fastest during the forecast period
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The global Robot Sensor market is expected to reach USD 5.5 billion by 2030, at a CAGR of 11.6% during the forecast period 2022 to 2030. The use of robots has greatly increased over the forecast period as a result of the advent of Industry 4.0 and digitization. The utilisation of robotics is anticipated to grow significantly during the projection period as robotics developments lead to flexible production models.
The growth of smart factories has increased the demand for robotics, automation as well as control systems because they help the manufacturer in increasing efficiency, productivity and profitability. Robotic systems need various types of sensors which assist in performing different sensing tasks in the unstructured environment. Not only this but also robotic sensors are the prime component of Robotics because they allow the robots to interact with their environment in a flexible and intelligent manner. Different characteristics like stability, sensitivity, temperature range, linearity, self-test capacity, and power consumption are taken into account before deploying them into the system. For instance, pressure sensors provided by TE connectivity are appropriate for various types of industrial applications like in hazardous locations.
Global Robot Sensor Market Report Coverage
|Market Size in 2020:||from USD 2.1 Billion|
|Forecast Period 2022-2030 CAGR:||11.6 %|
|2030 Value Projection:||USD 5.5 Billion|
|Historical Data for:||2019-2020|
|No. of Pages:||245|
|Tables, Charts & Figures:||124|
|Segments covered:||By Type, By End Use, By Region|
|Companies Covered:||ATI Industrial Automation, Inc.,Ams AG, Baymer Group, CAPTRON Electronic GmbH, DAIHEN Corporation, Fanuc Corporation|
|Growth Drivers:||The ongoing developments in the automation and the rising advancements in robotics have prompted various military and defence agencies in deploying robots on their spaces.|
|Pitfalls & Challenges:||Although sensors are widely used in various types of applications, limited rage, and narrow bandwidth make it impossible for sensors in capturing data from distance and remote locations.|
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This research report categorizes the market for Robot Sensor based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Robot Sensor market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Robot Sensor market.
The ongoing developments in the automation and the rising advancements in robotics have prompted various military and defence agencies in deploying robots on their spaces. These robots consist in built sensors that help them in performing a greater variety of combat tasks from sniper selection to more effective target acquisition activities. Military and defence organization are adopting sensors in various numerous security systems, intrusion detection systems, explosives detection systems, civil establishments for propulsions, crime detection systems, communication purposes, weaponry controls, site monitoring, flight controls. Apart from this, various defence agencies and countries have starting making heavy investments in search and rescue robots and sea machine robotics. Autonomous mobile robots make use of robotics sensors and software solutions in their environment and deliver inventory around the warehouse. Ultrasonic sensors, angel sensors, and position sensors are the most commonly used sensors in the warehouse robots. These sensors also help to generate accurate data on 3D orientation, gripper angle, lift position, and navigation direction, thus allow safe and smooth operation.
Although sensors are widely used in various types of applications, limited rage, and narrow bandwidth make it impossible for sensors in capturing data from distance and remote locations. As the implementation of robotic sensors rely on electrical resources in case of low power, it is important to enable the continuous functioning of sensors. So, these are some of the factors which affect the overall growth of the market.
- In 2021, proximity sensors market holds the largest market share over the forecast period.
Based on type, the robotic sensor market is segmented into light sensor, temperature sensors, tactile sensor, temperature sensor, pressure sensor, navigation and positioning sensors, and proximity sensors, and others. Among these, the proximity sensor sensors is dominating the market with the largest market share owing to its low cost nature. Apart from this, its extensive sue of the detection of objects entering the fields of sensors is going to boost the market growth. Apart from this, the navigation and positioning sensors segment is anticipated to be fastest growing segment over the forecast period owing to the increasing usage in industrial robots in performing different tasks including product testing, material handling, and others.
- In 2021, manufacturing segment is dominating the market over the forecast period.
On the basis of end use industry, the global robotics sensor is segmented into aerospace and defence, chemicals, automotive, consumer, electronics, food and beverages, chemicals, healthcare, manufacturing, agriculture, others. Among these, the manufacturing segment is going to dominate the market due to the immense adoption of automation in manufacturing units. Sensor oriented collaborative and humanoid robots are used for different functions like rolling, picking, packing, and others. On the other hand, agriculture segment is going to witness the highest CAGR in the forecast period due to the rising demand for sensor-based robots to carry out different agricultural operations like sorting and packing, harvesting and control, seeding, and others
Regional Segment Analysis of the Robot Sensor Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
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Asia Pacific region is dominating the market with largest market share of 30.1%.
Asia Pacific market is dominating the global robotics sensors market because the developing countries like India and China are increasing their budgets in the electronic industry. In the past few years, the automotive market players have started opting for the advanced technologies in robotics with an aim to meet the need for fast moving vehicle manufacturing. In fact, many automotive manufacturers have launched the robotic automation at the shop floor in production plants to lower the huge labour costs and achieve efficiency for manufacturing process.
The report offers the appropriate analysis of the key organizations/companies involved within the global Robot Sensor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Market Players
- ATI Industrial Automation, Inc.
- Ams AG
- Baymer Group
- CAPTRON Electronic GmbH
- DAIHEN Corporation
- Fanuc Corporation
- Honeywell International Inc.
Key Target Audience
- Market Players
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
- In July 2020, FANUC Corporation introduced 3DV/600 vision sensor and expanded its image processing solution portfolio.
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global Robot Sensor market based on the below-mentioned segments:
Robotic Sensors Market, By Type
- Light Sensor
- Temperature Sensor
- Tactile Sensor
- Pressure Sensor
- Navigation and Positioning Sensor
- Proximity Sensor
Robotic Sensors Market, By End Use
- Aerospace and Defence
- Consumer Electronics
- Energy and Utility
- Food and Beverages
- Logistics and Transportation
Robotic Sensors Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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