Robot Sensors Market in Collaborative Segment is Projected To Grow Extensively Over 2019-2024

North America and Europe are dominating the robot sensors market due to the demand for more sophisticated automation technology in the service robotics market

The demand for robot sensors market in collaborative segment is projected to grow extensively to impart machines with senses to work collaboratively with humans and ensuring safety. The need for presence sensing in collaborative systems is creating an industry for different sensors that can be integrated into a robot for more productive and efficient automation. For instance, ultrasonic sensor demand has grown as these components are now installed on the end-of-arm tools together with safety gates zone monitoring and other safety devices around the robot installation. The force-torque and vision sensor segment are projected to show a lucrative growth with the rise of collaborative systems.

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These countries are among the top countries with the highest robot density. For instance, Taiwan has 129 such system per 10,000 workers in manufacturing plants and South Korea has 339 per 10,000 workers. This increasing replacement of people by this automation technology in Asia is one of the significant factors for the growth of the robot sensors market. Deploying automation technology in the manufacturing sector saves human labor cost and offers higher precision and productivity.

Growth Drivers of Robot Sensors Market: -

• Increasing adoption of robots across various industries for automation
• Growing demand of service robots in developed economies
• Increasing investments in robotic industry
• Technological advancements in sensor technologies providing expanded capabilities to robots
• Decrease in cost of sensors augmenting market demand
• Rise of collaborative robots augmenting demand for sophisticated sensors
• Upsurge in the logistics and defense robot sales to drive demand in the U.S.
• Made in China 2025 program by government propelling the Chinese robotics industry
• Strong demand from the automobile industry in Germany
• Presence of Universal Robotics and establishment of Odense cluster nurturing robotic

In an era defined by the increasing adoption of robotics, robot sensors market has quite overtly consolidated its stance in the overall electronics space. Robotic automation is now being deployed across a slew of applications, from industrial and domestic to commercial and logistic applications, for achieving several operational and workplace benefits. Apart from being used for obtaining long-term performance benefits at the workplace combined with efficiency, robots are also being deployed on account of their lesser susceptibility to fatigue. The increasing implementation of robots to minimize workplace risks and reduce fatigue is certain to boost robot sensor market.

Technological advancements in sensor technology, such as miniaturization and the advent of 3D imaging sensors, are contributing significantly toward the robot sensors market. 3D technology assist robots in pick and place applications in industries as well as they are imparting vision to domestic automation technology. These applications are being automated in the industrial sector globally, augmenting the robot sensors market. Key players in the ecosystem are launching low-cost components for industrial and collaborative robots owing to the increasing shift of manufacturing toward more sophisticated technology.

North America and Europe are dominating the robot sensors market due to the demand for more sophisticated automation technology in the service robotics market. These systems are being deployed in households and medical industry as lawn mowers, window washers, and surgical operators. The service robot sensors market is driven by the demands from logistics, defense, agriculture, cleaning, and construction. The demand for these components for industrial sector is primarily from Asia Pacific. The is the major market for industrial robots with significant contributions from countries including Taiwan, South Korea, and China.

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The staggering demand from the industrial, manufacturing, and other commercial sectors to ensure efficient outcomes will have a favorable impact on robot sensors industry trends. The increasing availability of next-generation and AI-assisted robotic systems will also propel the product demand over the years ahead. Driven by the ever-rising acceptance of robotic automation across the globe, Robot Sensors Market will surpass a revenue collection of USD 4.5 billion by the end of 2024.

Some Points From Table Of Content: -

Chapter 6. Robot Sensor Market, By Application (Revenue)
6.1. Key trends by application
6.2. Manufacturing
6.2.1. Market estimates and forecast, 2013-2024
6.2.2. Market estimates and forecast, by region 2013 – 2024
6.3. Logistics
6.3.1. Market estimates and forecast, 2013-2024
6.3.2. Market estimates and forecast, by region 2013 – 2024
6.4. Defense
6.5. Agriculture
6.6. Medical
6.7. Domestic
6.8. Entertainment
6.9. Others

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