Robotic Sensors Market Witness the Highest Growth 2025| Baumer Group, FANUC Corporation, FUTEK Advanced Sensor Technology, Inc., Honeywell International Inc

The Robotic Sensors Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and new innovations.

The robotic sensors market is anticipated to witness a CAGR of approximately 8% over the forecast period of (2020 - 2025).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Robotic Sensors Market: ATI Industrial Automation, Inc., Baumer Group, FANUC Corporation, FUTEK Advanced Sensor Technology, Inc., Honeywell International Inc., Infineon Technologies AG, OMRON Corporation, Sensata Technologies, Inc., TE Connectivity, and Tekscan, Inc. among others.

Market Overview
Owing to the new trend of collaborative robots (Cobots), where humans and machines are working hand-in-hand, sensors are playing a major role in avoiding accidents and in improving the manufacturing process. According to the Robotic Industries Association, by 2025, Cobots will have a market share of 34% among all robots in the global market.
-The surge in demand for industrial robotics, increased adoption of robots in logistics and transportation application and technological advancements in collaborative robots (Cobots) are some of the factors anticipated to drive the robotic sensors market. However, the slow adoption rate in underdeveloped regions will hamper the sales of robotic sensors market in the forecast period.

Industry News:

March 12, 2020: TE Connectivity Ltd. (NYSE: TEL), a global industrial technology company with leading positions in connectivity and sensing solutions, completed its public takeover of First Sensor AG (XTRA: SIS). TE now holds 71.87% shares of First Sensor. First Sensor, founded as a technology start-up in the early 1990s, is a global player in sensor technology. With its expertise in chip design and production, as well as microelectronic packaging, it develops and produces standard sensors and customer-specific sensor solutions in the fields of photonics, pressure and advanced electronics for applications within the industrial, medical and transportation markets.

January 6, 2020: Global technology leader OMRON Corporation is showcasing the largest range of its technology at the 2020 Consumer Electronics Show (CES), including exhibits of factory automation, social solutions, and healthcare, and showing how the company is developing new offerings to address future issues. Emphasizing the harmony it has achieved between humans and machines, OMRON invites CES attendees to visit its booth, talk with experts, and engage with the company's latest innovations in robotics, sensing, and artificial intelligence (AI).

Scope of the Report
Sensors for the robotics industry include various types of sensors such as force & torque sensor, temperature sensor, pressure sensor, position sensor, proximity sensor, and other sensors like image and collision sensors. The market study is focused on specific robots (autonomous robots and collaborative robots - cobots), where sensors play a major role in robotic functions.

Key Market Trends
Automotive and Semiconductor are Major Share Holders of Sensors in Robotics Industry
- In recent years, automotive OEMs have adopted modern robotics technology to reciprocate demand for fast-paced vehicle manufacturing. To lower labor costs and to achieve six sigma tag for the manufacturing process, many automakers have implemented robotic automation on the shop floors of manufacturing facilities across the globe.
- Moreover, with growth in demand for precision manufacturing, autonomous robots have been integrated with many sensing equipments to result in error-free process deliveries. With the emerging trend of Nanomaterial manufacturing, autonomous robots are being extensively used for the manufacturing of small and sophisticated parts of consumer electronics goods.
- To achieve high accuracy, robotic vendors are integrating motion, force, temperature, pressure and many other types of sensors to augment robotic functions. According to the World Robotics 2018 Industrial Robots report, robotic sales increased to 121,300 units in 2017 for the electrical/electronics industry, which was 32% of the total global robotics supply

Asia -Pacific to Experience a Healthy Growth Rate
Asia-Pacific is expected to record the highest growth rate over the forecast period, owing to noteworthy implementation of industrial robots in various countries including China, India, Japan, South Korea, and Taiwan. China is dominating the regional adoption rate of sensors for robotic applications, owing to the massive deployment in the countrys dominating semiconductor and automotive manufacturing industries.
As these sectors are also developing at a high rate in other economies such as India and Japan, there is vast potential for growth in this regional market. The regional government is also a major factor for the development of the sensors in the robotics market.
According to the International Federation of Robotics (IFR), robot sales in India increased by 30% in 2017 as compared to the previous year of 2016. Additionally, 62% of this annual surge was achieved only through the automotive industry in the country.

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Significant Features that are under Offering and Key Highlights of the Reports:
o Detailed overview of Robotic Sensors Market
o Changing Robotic Sensors market dynamics of the industry
o In-depth market segmentation by Type, Application etc.
o Historical, current and projected Robotic Sensors market size in terms of volume and value
o Recent industry trends and developments
o Competitive landscape of Robotic Sensors Market
o Strategies of key players and product offerings
o Potential and niche segments/regions exhibiting promising growth.

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