What’s Driving the Robot Sensor Market Growth? | Key Players ams AG, Cognex Corporation, Datalogic, Epson America Inc., FANUC America Corporation, Infineon Technologies, Rockwell Automation, SICK, Turck USA

In an era defined by the increasing adoption of robotics, robot sensor market has quite overtly consolidated its stance in the overall electronics space. Robotic automation is now being deployed across a slew of applications, from industrial and domestic to commercial and logistic applications, for achieving several operational and workplace benefits. Apart from being used for obtaining long-term performance benefits at the workplace combined with efficiency, robots are also being deployed on account of their lesser susceptibility to fatigue. The increasing implementation of robots to minimize workplace risks and reduce fatigue is certain to boost robot sensor market.

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Technological advancements in sensor technology, such as miniaturization and the advent of 3D imaging sensors, are contributing significantly toward the robot sensor 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.

The key players covered in robot sensor market study: -
1. ams AG
2. Baumer Group
3. Carlo Gavazzi Automation
4. Cognex Corporation
5. Datalogic
6. Epson America Inc.
7. FANUC America Corporation
8. Honeywell
9. Infineon Technologies
10. KEYENCE CORPORATION
11. Robotiq
12. Rockwell Automation
13. SICK
14. Schneider Electric
15. Turck USA
16. Velodyne LiDAR, Inc.

Some Points From Table of Content: -

Chapter 3. Robot Sensor Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Robot industry overview
3.2.1.1. Evolution of industrial revolution 4.0
3.2.1.2. Rise of collaborative robots
3.2.1.3. Robot types
3.2.1.3.1. Stationary Robots
3.2.1.3.2. Wheeled Robots
3.2.1.3.3. Legged Robots
3.2.1.3.4. Swimming Robots
3.2.1.3.5. Flying Robots
3.2.1.3.6. Modular Robotics
3.2.1.3.7. Others (Crawler, Hybrid, soft robots)
3.2.1.4. Adoption of robots across various industries
3.2.1.4.1. Automotive
3.2.1.4.2. Healthcare & Life Sciences
3.2.1.4.3. Agriculture
3.2.1.4.4. Food Consumer goods
3.2.1.4.5. Military(others)
3.2.1.4.6. Others (domestic robots, human exoskeletons)
3.10. Technology landscape
3.10.1. Machine vision and force sensing
3.10.2. LiDAR technology
3.10.3. 3-D Stereo vision
3.10.4. Hyper and multispectral vision systems in agriculture
3.11. Regulatory landscape
3.12. Industry impact forces
3.12.1. Growth drivers
3.12.1.1. Increasing adoption of robots across various industries for automation
3.12.1.2. Growing demand of service robots in developed economies
3.12.1.3. Increasing investments in robotic industry
3.12.1.4. Technological advancements in sensor technologies providing expanded capabilities to robots
3.12.1.5. Decrease in cost of sensors augmenting market demand
3.12.1.6. Rise of collaborative robots augmenting demand for sophisticated sensors
3.12.1.7. Upsurge in the logistics and defense robot sales to drive demand in the U.S.
3.12.1.8. Made in China 2025 program by government propelling the Chinese robotics industry
3.12.1.9. Strong demand from the automobile industry in Germany
3.12.1.10. Presence of Universal Robotics and establishment of Odense cluster nurturing robotic industry in Denmark
3.12.1.11. Increasing public and private investments propelling market in France
3.12.1.12. Growing market of domestic robots in Asia Pacific
3.12.2. Industry pitfalls and challenges
3.12.2.1. High cost of devices
3.12.2.2. Export restrictions
3.13. Growth potential analysis
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Moreover, the demand for robot sensor 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.

North America and Europe are dominating the robot sensor 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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The staggering demand from the industrial, manufacturing, and other commercial sectors to ensure efficient outcomes will have a favorable impact on robot sensor market trends. The increasing availability of next-generation and AI-assisted robotic systems will also propel the product demand over the years ahead. Driven by the ever-rising acceptance of robotic automation across the globe, robot sensor market will surpass a revenue collection of USD 4.5 billion by the end of 2024.

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