Press release
Key Trends Shaping the Future Robotic Sensors Market From 2025-2034: Product Innovation Has Emerged As A Key Trend Gaining Popularity In The Robotic Sensors Market
What combination of drivers is leading to accelerated growth in the robotic sensors market?The rise in the utilization of robots for automation is anticipated to fuel the expansion of the robotic sensors market in the future. Robots, machines programmed to execute tasks using sensors, actuators, and control systems, increase productivity and alleviate the skilled labor shortage when used for automation. Robotic sensors, which are vital components aiding robots in interacting with their environment and executing beneficial tasks, are intrinsic to this process. The World Robotics Report by the International Federation of Robotics (IFR), a non-profit organization based in Germany, reported a considerable boost in the installation of novel industrial robots worldwide in 2022. Specifically, there were 517,385 new industrial robots installed globally in 2021 - a compelling growth rate of 31% year-on-year. Moreover, the total count of operational robots used worldwide has hit a new milestone of roughly 3.5 million units. Consequently, the rising use of robots for automation stimulates the growth of the robotic sensors market.
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What is the projected compound annual growth rate (CAGR) of the robotic sensors market from 2025 to 2034, and what factors influence it?
The market size for robotic sensors has experienced rapid expansion in the past few years. From the year 2024 to 2025, it is expected to rise from $2.46 billion to $2.76 billion with a Compound Annual Growth Rate (CAGR) of 12.4%. The significant growth witnessed in the past can be associated with the spread of robotics in manufacturing, growth in industrial automation, increasing demand in the automotive manufacturing sector, the rise of collaborative robots (Cobots), a growing need for precision and accuracy, and their broadening applications in the healthcare sector.
Over the upcoming years, a swift expansion is projected for the market size of robotic sensors. The market value is predicted to reach $4.36 billion in 2029 with a compound annual growth rate (CAGR) of 12.1%. Factors contributing to this growth during the forecast period include the emergence of service robotics, the use of robotics in agriculture, escalating demand in consumer electronics, the creation of AI-driven robots, and an emphasis on sensor fusion. Key trends observed for this period include advancements in sensor technology, the incorporation of artificial intelligence (AI), the growing prominence of edge computing for sensor data processing, the amalgamation of multi-sensor fusion for all-encompassing perception, and the use of robotic sensors in environmental monitoring.
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How are the latest trends influencing the growth of the robotic sensors market?
Leading market participants are focusing on developing innovative products to solidify their market stand. For example, Pudu Robotics, a commercial service robots company from China, launched a unique delivery and reception robot named KettyBot Pro in January 2024. This robot boasts a novel smart tray inspection feature using visual sensors, a newly introduced RGBD depth camera with an ultra-wide angle for more efficient navigation, and improved cooperation with human beings.
What are the major segments of the robotic sensors market and their role in driving growth?
The robotic sensors market covered in this report is segmented -
1) By Type: Force and Torque Sensor, Temperature Sensor, Pressure Sensor, Position Sensor, Proximity Sensor, Vision Sensor, Other Type of Sensors
2) By End-User: Aerospace And Defense, Automotive Process And Packaging, Logistics, Manufacturing, Other End Users
Subsegments:
1) By Force And Torque Sensor: Strain Gauge Sensors, Capacitive Sensors, Piezoelectric Sensors
2) By Temperature Sensor: Thermocouples, RTDs (Resistance Temperature Detectors), Thermistors
3) By Pressure Sensor: Piezoelectric Pressure Sensors, Capacitive Pressure Sensors, Strain Gauge Pressure Sensors
4) By Position Sensor: Linear Position Sensors, Rotary Position Sensors, Optical Position Sensors
5) By Proximity Sensor: Inductive Proximity Sensors, Capacitive Proximity Sensors, Ultrasonic Proximity Sensors
6) By Vision Sensor: 2D Vision Sensors, 3D Vision Sensors, Time-Of-Flight Cameras
7) By Other Types Of Sensors: Hall Effect Sensors, Humidity Sensors, Gas Sensors
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Which regions are key players in the growth of the robotic sensors market?
Asia-Pacific was the largest region in the robotic sensors market in 2024. The regions covered in the robotic sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the robotic sensors market?
Major companies operating in the robotic sensors market include Panasonic Corporation, Schneider Electric, TE Connectivity Ltd, STMicroelectronics, Infineon Technologies, Renesas Electronics Corporation, KEYENCE CORPORATION, Rockwell Automation, Inc, Omron Corporation, ams-OSRAM AG, IAI Corporation, Sensata Technologies, Vishay Intertechnology, Inc., SICK AG, DAIHEN Corporation, ifm electronic, Cognex Corporation, Melexis, Allegro MicroSystems, LLC, Datalogic S.p.A, Carlo Gavazzi, ATI Industrial Automation Inc., Oriental Motor, Futek Advanced Sensor Technology Inc., Baumer Group, FANUC Corporation, Tekscan, CAPTRON Electronic GmbH
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What Is Covered In The Robotic Sensors Global Market Report?
•Market Size Forecast: Examine the robotic sensors market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the robotic sensors market for a structured understanding.
•Key Players Overview: Analyze major players in the robotic sensors market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the robotic sensors market.
•Segment Contributions: Evaluate how different segments drive overall growth in the robotic sensors market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the robotic sensors market.
•Industry Challenges: Identify potential risks and obstacles affecting the robotic sensors market.
•Competitive Landscape: Review strategic developments in the robotic sensors market, including expansions, agreements, and new product launches.
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