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Robot Sensor Market Analysis to 2024 with SICK AG, Rockwell Automation, Velodyne, Baluff AG, ATI Automation, Bionic Robotics, Carlo Gavazzi, Datalogic, EPSON, FANUC, Honeywell, Infineon Technologies, OMRON, Datalogic, Keyence, MaxBotix, OptoForce, Robocep

10-19-2018 06:45 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc

Robot Sensor Market Analysis to 2024 with SICK AG, Rockwell

North America and Europe are dominating the robot sensors market due to the demand for more sophisticated automation technology in the service robotics market. These systems are being deployed in households and medical industry as lawn mowers, window washers, and surgical operators. The service robot sensors market is driven by the demands from logistics, defense, agriculture, cleaning, and construction. The demand for these components for industrial sector is primarily from Asia Pacific. The is the major market for industrial robots with significant contributions from countries including Taiwan, South Korea, and China.

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These countries are among the top countries with the highest robot density. For instance, Taiwan has 129 such system per 10,000 workers in manufacturing plants and South Korea has 339 per 10,000 workers. This increasing replacement of people by this automation technology in Asia is one of the significant factors for the growth of the robot sensors market. Deploying automation technology in the manufacturing sector saves human labor cost and offers higher precision and productivity.

Technological advancements in sensor technology, such as miniaturization and the advent of 3D imaging sensors, are contributing significantly toward the robot sensors market. 3D technology assist robots in pick and place applications in industries as well as they are imparting vision to domestic automation technology. These applications are being automated in the industrial sector globally, augmenting the robot sensors market. Key players in the ecosystem are launching low-cost components for industrial and collaborative robots owing to the increasing shift of manufacturing toward more sophisticated technology.

Moreover, the demand for robot sensors market in collaborative segment is projected to grow extensively to impart machines with senses to work collaboratively with humans and ensuring safety. The need for presence sensing in collaborative systems is creating an industry for different sensors that can be integrated into a robot for more productive and efficient automation. For instance, ultrasonic sensor demand has grown as these components are now installed on the end-of-arm tools together with safety gates zone monitoring and other safety devices around the robot installation. The force-torque and vision sensor segment are projected to show a lucrative growth with the rise of collaborative systems.

There is a rapid global demand for logistics service robotics sensor market in the warehouses to increase the operational efficiency for processes such as custom packaging, picking objects container loading, and unloading. Warehouse automation has been attainable due to the development in sensor technology with ultrasonic and visual sensors used to guide the robots. This will furthermore propel the robot sensor market.

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Asia Pacific is the fastest growing region with a CAGR of around 15% in the robot sensor market. This is attributed to the massive demands from China, South Korea, and Taiwan. South Korea’s robot density is 347 per 10,000 persons in manufacturing, Japan’s robot density is 339 and that of Taiwan is 129. This increasing replacement of people with robots across industries is one of the major drivers for the robot sensor market in the region. In addition, the declining cost of sensors is propelling the demand in the conventional systems of manufacturing industries.

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Major vendors in the robot sensor market SICK AG, Baumer Group, Cognex, IFM electronic GmBH, ams AG, ATI Automation, Rockwell Automation, Velodyne, Baluff AG, ATI Automation, Bionic Robotics, Carlo Gavazzi, Datalogic, Daihen Corporation, EPSON, FANUC, Honeywell International Inc., Infineon Technologies, OMRON, CAPTRON Electronic GmbH, Datalogic, FUTEK Advanced Sensor Technology, ifm electronic GmbH, iniLabs, Infineon Technologies, Keyence, MaxBotix, OptoForce, Roboception, Robotiq, SensoPart, Rockwell Automation, SICK AG, Schneider Electric, Turck, Velodyne

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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