openPR Logo
Press release

Robot Sensor Market Technological Innovations and Future Opportunities – 2024: ams AG, Baumer Group, Cognex Corporation, Datalogic, Epson America Inc., FANUC America Corporation, Honeywell, Infineon Technologies, KEYENCE CORPORATION, Robotiq, SICK

Robot Sensor Market

Robot Sensor Market

Robot Sensor Market is set to exceed USD 4.5 billion by 2024; The industrial revolution 4.0 has accelerated the use of autonomous and collaborative robots in the production plants across the manufacturing industry, which is contributing toward the growth of robot sensor market. The robots are being increasingly adopted in production plants that can perform exceedingly complex tasks with the highest precision, ensuring human safety. For instance, BMW, an automobile giant uses flexible assistance systems such as exoskeletons and other automated solutions. The company has installed around 60 lightweight collaborative robots by Universal Robots in their production facilities in 2017.

Get Sample Copy of This Report @ www.gminsights.com/request-sample/detail/2802

Robot Sensor Market, By Product

• Force torque sensor
• Vision sensor
• Ultrasonic sensor
• Acoustic sensor
• Laser sensor
• Proximity sensor
• Tactile sensor
• Others

Robot Sensor Market, By Robot Type

• Industrial robot
• Service robot
• Collaborative robot

Robot Sensor Market, By Application

• Manufacturing
• Logistics
• Agriculture
• Medical
• Defense
• Domestic
• Entertainment
• Others

Make an Inquiry for purchasing this Report @ www.gminsights.com/inquiry-before-buying/2802

Robots are used with different types of sensors based on their applications. This has been possible due to the development of novel and innovative sensors that provide expanded capabilities. Some sensors provide an environmental feedback regarding the surroundings and the terrain. The components mainly used in the robots are proximity sensors, ultrasonic sensors, microphones, ultrasound sensors, acoustic vector sensors, vision sensors, and microphones for acquiring data from the environment. Laser range sensor technology, LiDAR, is gaining popularity in the robot sensor market and is used in service and collaborative robots for navigation & obstacle detection. These components are crucial for stimulating human-like abilities as they provide the system the ability to see, hear, touch, and move.

Laser range sensor technology in the robotics sensor market which was estimated to be over USD 390 million in 2017 is expected to grow over the forecast timeline owing to the emerging cheaper LiDAR sensors. For instance, Velodyne HDL-64E LiDAR was valued at an enormous price of USD 75,000. Velodyne has introduced a low-cost LiDAR sensor, LiDAR Puck which is valued at USD 8,000 and is working on cheaper "solid state" LiDAR solutions, which do not offer a 360-degree view. Moreover, Google’s Waymo is also investing in the LiDAR technology to cut down on the sensor costs.
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.

Browse Report Summery @ www.gminsights.com/industry-analysis/robot-sensor-market

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.

Major vendors in the robot sensor market space are ams AG, ATI Industrial Automation, Balluff Schweiz, Baumer Group, Bionic Robotics GmbH, Carlo Gavazzi Automation, Cognex Corporation, CAPTRON Electronic GmbH, Datalogic, Dainhen Corporation, Epson America Inc., FANUC America Corporation, FUTEK Advanced Sensor Technology, Inc., Honeywell, I F M ELECTRONIC LIMITED, iniLabs, Infineon Technologies, KEYENCE CORPORATION, MaxBotix Inc., OMRON Group, OptoForce , Roboception GmbH, Robotiq, Rockwell Automation, SensoPart, SICK, Schneider Electric, Turck USA, Velodyne LiDAR, Inc..

The industry is characterized by diverse solutions from various manufacturers with a broad price range of products. To sustain competition, players have been focusing on developing technologically-advanced products ensuring low-cost solutions.

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.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Robot Sensor Market Technological Innovations and Future Opportunities – 2024: ams AG, Baumer Group, Cognex Corporation, Datalogic, Epson America Inc., FANUC America Corporation, Honeywell, Infineon Technologies, KEYENCE CORPORATION, Robotiq, SICK here

News-ID: 1634542 • Views: 704

More Releases from Global Market Insights, Inc.

Europe sodium silicate market is set to witness increasing demand over 2020-2024
Europe sodium silicate market is set to witness increasing demand over the forecast timeframe. In 2016, Europe accounted for more than 20% of the global sodium silicate market share. The region’s environmentally friendly regulations and increasing awareness would be increasing wastepaper recycling demand, stimulating industry growth during the forecast period. Owing to the integral nature of sodium silicate in a number of high-revenue application segments and the anticipated rise in
North America Thermal spray coating market to experience strong demand across ae …
Regionally, North America will emerge as a profitable revenue pocket for thermal spray coating market share in the coming years. High purchasing power among people in the region is supporting expansion in various sectors such as automobiles, aerospace, healthcare and construction. In 2016, North America thermal spray coating market size with respect to revenues was valued at over USD 2.3 billion due to the need to achieve cost optimization in
Increasing consumer inclination towards compact devices to bolster liquid crysta …
Shifting trends towards miniaturization of electronic components is poised to drive global liquid crystal polymer (LCP) market size, along with growing consumer demand for sleek and compact electronic devices. Liquid crystal polymers are high performance engineering plastics based on p-HPA (hydroxy phthalic acid) and related monomers. It has wide application outlook in consumer goods packaging owing to its superior mechanical & physical properties and processability. Liquid crystal polymers find wide range
Sodium sulfide market size is slated to top $665 mn by 2024, pulp & paper applic …
Sodium sulfide market from pulp & paper application is projected to garner robust CAGR of 6.5% through 2024, mainly attributed to demand growth of tissue and packaging papers in APAC, Europe and South America. It is worth mentioning that the product has become highly sought-after in processing of bamboo, wood, bagasse fibers to pulp and bleaching of the pulp that bolster the strength of paper. Get sample copy of this research

All 5 Releases


More Releases for Robot

Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Humanoid Robot Market 2017 Research & Development
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more information about this report at http://www.reportsweb.com/2012-2022-report-on-global-humanoid-robot-market-competition-status-and-forecast-market-size-by-players-regions-type-application Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Kawada (Japan) (HRP-4) Honda (Japan)
Europe Cleaning Robot Market Report 2016
This report studies sales (consumption) of Cleaning Robot in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Dyson Ltd. Ecovacs Robotics, Inc. Infinuvo iRobot Corporation Koninklijke Philips N.V. LG Electronics, Inc. Neato Robotics, Inc. Samsung Electronics Co., Ltd. Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue,
Robot Technology in the Ascendant
Multi Talent PARO® Juggles with Balls At the shared booth of the Ministry of Economic Affairs and Energy of the State of North Rhine-Westphalia, the PARO® palletising robot demonstrated its skills and flexibility when handling unusual package types: In addition to boxes, also balls were palletised in Hannover this year. The PARO® robot, originally designed for palletising processes at the end of production lines, placed balls onto an air stream at the