Press release
Robotic Sensors Market Competitive Research And Global Outlook 2021 To 2025
The Robotic Sensors Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Robotic Sensors market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Robotic Sensors market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Robotic Sensors market.The robotic sensors market is anticipated to witness a CAGR of approximately 8% over the forecast period of (2020 - 2025).
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Top Leading Companies of Robotic Sensors Market are - 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 Ltd., Tekscan, Inc. and others.
Industry News and Updates:
- 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.
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.
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.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Robotic Sensors Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Robotic Sensors Market (%),2016 - 2026
- Robotic Sensors Market Share, By Brand
- Robotic Sensors Market Share, By Company
- Robotic Sensors Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Robotic Sensors Market Value Analysis & Forecast
- Promising Robotic Sensors Development by Major Companies
- Detailed Robotic Sensors Portfolio of the Major Companies
- Major Deals in the Robotic Sensors Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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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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