Abstract
Summary
Global Robotic Sensors Market Size, Share & Trends Analysis Report by Sensor Type (Proximity Sensor, Vision Sensor, Position Sensor, Temperature Sensor, Force (Torque) Sensor, and Others (ultrasonic)) by Application (Logistics, Aerospace & Defense, Manufacturing, Healthcare, and Others) Forecast Period (2022-2028)
The global robotic sensors market is anticipated to grow at a CAGR of 10.4% during the forecast period. With the increased deployment of autonomous and collaborative robots across the end-user verticals such as logistics, aerospace & defense, and manufacturing, and owing to the onset of industry 4.0 and digitization, is expected to drive the robotic sensor market during the forecast period. Robotic sensors are extensively used in the medical services for conductive robotic surgeries, continuous patient monitoring, and automated drug delivery, sanitation & disinfection application across healthcare facilities, as these robots are heavily integrated with robot sensors such as proximity sensors, ultrasonic sensors, and vision sensors. For instance, in August 2022, Virtual Incision launched its MIRA Platform into space to test its skills while working with NASA to test how MIRA conducts surgery. MIRA operates inside a microwave-oven-sized experiment locker and performs activities that simulate those used in surgery, such as cutting simulated tissue and manipulating small objects. Although it is not yet available for sale, MIRA is currently in the final stages of its US clinical trial.
The global robotic sensors market is segmented based on sensor type, and application. Based on sensor type the market is bifurcated into proximity sensor, vision sensor, position sensor, temperature sensor, force (torque) sensor, and others (Ultrasonic). Based on application, the market is sub-divided into logistics, aerospace & defense, manufacturing, healthcare, and others. Based on sensor, the force (Torque) segment has witnessed considerable growth. The industry growth is credited owing to numerous features offered by force sensors such as high linearity, low hysteresis, and low-cost operations. These add-on features have increased their acceptance in polishing, deburring, painting, and material handling industries.
The global robotic sensor market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The European region remains a significant participant in the global robotic sensor market. The major impacting factors that drive the market include increasing investment in the aerospace & defense sector and a rapid rise in demand for robots that are widely used among various end-user industries, consequently leading to the rapid growth of the robotic sensor market in the region. As per, the International Federation of Robotics (IFR), the industrial installation of robots in Europe was 67,700 units in 2020. The demand for robots in the automobile industry was 20%, and form the general industry was 14%.
The major companies serving the global robotic sensors market include Fanuc America Corp, Honeywell International Inc., Keyence Corp., Schneider Electric, Sensata Technologies Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, partnerships, funding, and new product launches, to stay competitive in the market. For instance, in June 2021, LDROBOT announced the launch of LD-AIR-LiDAR, a ready-to-use-compliant laser sensor with 360-degree sensing capabilities. The LD-AIR LiDAR was created to serve business and research purposes that require robot navigation and obstacle avoidance. For robot developers, this essential component makes robots more useful and intelligent at an affordable price.
Research Methodology
The market study of the global robotic sensors market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Robotic Sensors Market Research and Analysis by Sensor Type
2. Global Robotic Sensors Market Research and Analysis by Application
The Report Covers
• Comprehensive research methodology of the robotic sensors market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global robotic sensors market.
• Insights about market determinants that are stimulating the global robotic sensors market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
Table of Contents
1 Report Summary
1.1 Research Methods and Tools
1.2 Market Breakdown
1.2.1 By Segments
1.2.2 By Region
2 Market Overview and Insights
2.1 Scope of the Report
2.2 Analyst Insight & Current Market Trends
2.2.1 Key Findings
2.2.2 Recommendations
2.2.3 Conclusion
3 Competitive Landscape
3.1 Key Company Analysis
3.1.1 Fanuc America Corp
- 3.1.1.1 Overview
- 3.1.1.2 Financial Analysis
- 3.1.1.3 SWOT Analysis
- 3.1.1.4 Recent Developments
3.1.2 Honeywell International Inc
- 3.1.2.1 Overview
- 3.1.2.2 Financial Analysis
- 3.1.2.3 SWOT Analysis
- 3.1.2.4 Recent Developments
3.1.3 Keyence Corp
- 3.1.3.1 Overview
- 3.1.3.2 Financial Analysis
- 3.1.3.3 SWOT Analysis
- 3.1.3.4 Recent Developments
3.1.4 Schneider Electric
- 3.1.4.1 Overview
- 3.1.4.2 Financial Analysis
- 3.1.4.3 SWOT Analysis
- 3.1.4.4 Recent Developments
3.1.5 Sensata Technologies Inc
- 3.1.5.1 Overview
- 3.1.5.2 Financial Analysis
- 3.1.5.3 SWOT Analysis
- 3.1.5.4 Recent Developments
3.2 Key Strategy Analysis
4 Market Segmentation
4.1 Global Robotic Sensors Market by Sensor Type
4.1.1 Proximity Sensor
4.1.2 Vision Sensor
4.1.3 Position Sensor
4.1.4 Temperature Sensor
4.1.5 Force (Torque) Sensor
4.1.6 Others (Ultrasonic)
4.2 Global Robotic Sensors Market by Application
4.2.1 Logistics
4.2.2 Aerospace & Defense
4.2.3 Manufacturing
4.2.4 Healthcare
4.2.5 Others
5 Regional Analysis
5.1 North America
5.1.1 United States
5.1.2 Canada
5.2 Europe
5.2.1 UK
5.2.2 Germany
5.2.3 Italy
5.2.4 Spain
5.2.5 France
5.2.6 Rest of Europe
5.3 Asia-Pacific
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 South Korea
5.3.5 Rest of Asia-Pacific
5.4 Rest of the World
6 Company Profiles
6.1 Baumer Holding AG
6.2 Cognex Corp
6.3 Futek Advanced Sensor Technology, Inc
6.4 IFM Electronic Gmbh
6.5 Infineon Technologies AG
6.6 Novanta In
6.7 Omron Corp
6.8 Robotiq Inc
6.9 Rockwell Automation Inc
6.10 Sick (UK) Ltd
6.11 Tekscan Inc