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Robotic Sensors Market 2021-2026 | FANUC Corporation, FUTEK Advanced Sensor Technology, Honeywell International Inc., Infineon Technologies AG, OMRON Corporation

01-14-2021 10:59 AM CET | Science & Education

Press release from: Market Insights Reports

The Global Robotic Sensors Market Research Report Forecast 2020 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Robotic Sensors market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Robotic Sensors data that enhances the understanding, scope, and application of this report.

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

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, Tekscan, Inc, and Others.

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Company Development:

- March 2019 - FANUC is extending its offering in the robotics portfolio by introducing new technologies in robotics automation. By levering its expertise in IoT and FIELD system, FANUC is going to implement advanced vision sensors on its robotic platform.
- January 2019 - ATI Industrial Automation, Inc. introduced Force/Torque (F/T) Sensor for extensive robotic use for its client Hirebotics, a leading robotic service provider in the U.S. These sensors will augment robot,s operational capability in the complex work environment.

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..

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Regional Analysis:

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 country’s 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.

Important Features that are under Offering and Key Highlights of the Reports:

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

Full browse the report description and TOC:   

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support         

Customization of the Report: The report can be further customized according to the client’s specific research requirements. No additional charges will be added for limited additional research.        

Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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