U.S. Robot Sensor Market expected to reach USD 1.7 billion by 2024

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Robot Sensor Market shipments to grow at 14% CAGR from 2018 and 2024: Global Market Insights Inc. Global Market Insights, Inc. announces the launch of its latest report on robot sensor market featuring the key industry trends across the product, robot type, application, and regional landscape. The company forecasts the global robot sensor market share to surpass USD 4.5 billion by 2024. Industry 4.0 or the fourth industrial revolution is the major driving factor fueling robot sensor industry demand. The increasing use of robots in the production plants coupled with the rapid adoption of autonomous technology in the manufacturing sector, to ensure precision as well as safety, will further boost the robot sensor demand graph.

As per the report, laser range sensor technology or LiDAR, in the product landscape, will witness sharp uptick in its demand in the coming years, owing to its rising use in navigation services. The laser range robot sensor market registered a revenue of USD 390 million in 2017, according to the study. The key players profiled in the report are ams AG, ATI Automation, Baluff AG, Bionic Robotics, Baumer Group, Carlo Gavazzi, Cognex, CAPTRON Electronic GmbH, Datalogic, Daihen Corporation, EPSON, FANUC, FUTEK Advanced Sensor Technology, Honeywell International Inc., ifm electronic GmbH, iniLabs, Infineon Technologies, Keyence, MaxBotix, OMRON, OptoForce, Roboception, Robotiq, Rockwell Automation, SensoPart, SICK AG, Schneider Electric, Turck, and Velodyne. The companies have been profiled in terms of their product portfolio, SWOT assessment, and strategic outlook.

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China robot sensor market size, by application, 2017 & 2024 (USD Million)

Force-torque robot sensor market is forecast to record a y-o-y growth rate of 12.5% over 2018-2024. Robot sensor market demand from logistics application is poised to witness lucrative gains over the coming six years, driven by the need to enhance the operational efficiency in the warehouses. Asia Pacific robot sensor market is estimated to record the fastest growth with an anticipated CAGR of 15% over 20182024. China, Taiwan, and South Korea are slated to drive the regional trends. Scope of the report: Robot Sensor Market Product Landscape: Force Torque, Ultrasonic, Vision, Acoustical, Laser Range, Proximity Robot Sensor Market Robot Type Landscape: Industrial, Service, Collaborative Robot Sensor Market Application Landscape: Manufacturing, Defense, Logistics, Agriculture, Medical, Entertainment, Domestic Robot Sensor Market Regional Landscape: U.S., Canada, Mexico, Germany, UK, Spain, France, Italy, Denmark, India, China, Japan, Australia, South Korea, Taiwan, Thailand, Brazil

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Browse key industry insights spread across 370 pages with 579 market data tables & 39 figures & charts from the report, “Robot Sensor Market Size By Product (Force Torque, Vision, Ultrasonic, Acoustical, Tactile, Laser Range, Proximity), By Robot Type (Industrial, Service, Collaborative), By Application (Manufacturing, Logistics, Defense, Agriculture, Medical, Domestic, Entertainment), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Denmark, China, India, Japan, Australia, Taiwan, South Korea, Thailand, Brazil, Mexico), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents: https://bit.ly/2O11ac2

Table of Content (TOC-)

Chapter 3. Robot Sensor Industry Insights 3.1. Industry segmentation 3.2. Industry landscape, 2013 – 2024 3.2.1. Robot industry overview 3.2.1.1. Evolution of industrial revolution 4.0 3.2.1.2. Rise of collaborative robots 3.2.1.3. Robot types 3.2.1.3.1.

Stationary Robots

3.2.1.3.2.

Wheeled Robots

3.2.1.3.3.

Legged Robots

3.2.1.3.4.

Swimming Robots

3.2.1.3.5.

Flying Robots

3.2.1.3.6.

Modular Robotics

3.2.1.3.7.

Others (Crawler, Hybrid, soft robots)

3.2.1.4. Adoption of robots across various industries 3|Page


3.2.1.4.1.

Automotive

3.2.1.4.2.

Healthcare & Life Sciences

3.2.1.4.3.

Agriculture

3.2.1.4.4.

Food Consumer goods

3.2.1.4.5.

Military(others)

3.2.1.4.6.

Others (domestic robots, human exoskeletons)

3.3. Industry ecosystem analysis 3.3.1. Component suppliers 3.3.2. Product manufacturers/OEMs 3.3.3. System integrators 3.3.4. Distribution channel analysis 3.3.5. End-use landscape 3.3.6. Demand supply gap 3.3.7. Vendor matrix 3.4. Price trend analysis, 2013 – 2024 3.5. North America 3.5.1. Force torque 3.5.2. Vision 3.5.3. Ultrasonic 3.5.4. Acoustical sensors 3.5.5. Tactile 3.5.6. Laser Range 3.5.7. Proximity

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3.5.8. Other 3.6. Europe 3.6.1. Force torque 3.6.2. Vision 3.6.3. Ultrasonic 3.6.4. Acoustical sensors 3.6.5. Tactile 3.6.6. Laser Range 3.6.7. Proximity 3.6.8. Other 3.7. Asia Pacific 3.7.1. Force torque 3.7.2. Vision 3.7.3. Ultrasonic 3.7.4. Acoustical sensors 3.7.5. Tactile 3.7.6. Laser Range 3.7.7. Proximity 3.7.8. Other 3.8. Latin America 3.8.1. Force torque 3.8.2. Vision 3.8.3. Ultrasonic

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3.8.4. Acoustical sensors 3.8.5. Tactile 3.8.6. Laser Range 3.8.7. Proximity 3.8.8. Other 3.9. MEA 3.9.1. Force torque 3.9.2. Vision 3.9.3. Ultrasonic 3.9.4. Acoustical sensors 3.9.5. Tactile 3.9.6. Laser Range 3.9.7. Proximity 3.9.8. Other 3.10.

Technology landscape 3.10.1. Machine vision and force sensing 3.10.2. LiDAR technology 3.10.3. 3-D Stereo vision 3.10.4. Hyper and multispectral vision systems in agriculture

3.11.

Regulatory landscape 3.11.1. North America 3.11.2. Europe 3.11.3. Asia Pacific

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3.11.4. Latin America 3.11.5. Middle East and Africa 3.12.

Industry impact forces 3.12.1. Growth drivers 3.12.1.1. Increasing adoption of robots across various industries for automation 3.12.1.2. Growing demand of service robots in developed economies 3.12.1.3.

Increasing investments in robotic industry

3.12.1.4. Technological advancements in sensor technologies providing expanded capabilities to robots 3.12.1.5. demand

Decrease in cost of sensors augmenting market

3.12.1.6. Rise of collaborative robots augmenting demand for sophisticated sensors 3.12.1.7. Upsurge in the logistics and defense robot sales to drive demand in the U.S. 3.12.1.8. Made in China 2025 program by government propelling the Chinese robotics industry 3.12.1.9. Germany

Strong demand from the automobile industry in

3.12.1.10. Presence of Universal Robotics and establishment of Odense cluster nurturing robotic industry in Denmark 3.12.1.11. Increasing public and private investments propelling market in France 3.12.1.12.

Growing market of domestic robots in Asia Pacific

3.12.2. Industry pitfalls and challenges 3.12.2.1.

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High cost of devices


3.12.2.2.

Export restrictions

3.13.

Growth potential analysis

3.14.

Porter’s analysis 3.14.1. Threat of new entrants 3.14.2. Buyer’s power 3.14.3. Threat of substitutes 3.14.4. Threat of suppliers 3.14.5. Industry rivalry

3.15.

Competitive landscape, 2017 3.15.1. Company market share 3.15.2. Strategy dashboard 3.15.3. Acquisition landscape

3.16.

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PESTEL analysis


Industry Coverage

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: sales@gminsights.com Web: https://www.gminsights.com Blog: http://algosonline.com/technology

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