Scope of the Study
Sensor for robotics is basically used to evaluation a robot's condition as well as the environment. The main function of the sensor for robotics is that the signals are passed to a controller and allow appropriate behavior. Numerous benefits of using robotics sensor such as perform multiple tasks, speeds production and increases throughput, increases the flexibility of the robot, automates manual steps and processes and other benefits.
The market study is being classified by Type (Force Torque, Vision, Ultrasonic, Acoustical, Tactile, Laser Range and Proximity), by Application (Manufacturing, Logistics, Defense, Agriculture, Medical, Domestic and Entertainment) and major geographies with country level break-up. According to AMA, the Global Sensors for Robotics market is expected to see growth rate of 13.2%
Sick AG (Germany), Baumer Group (India), Cognex Corporation (United States), IFM electronic GmBH (Germany), ams AG (Austria), ATI Industrial Automation, Inc. (United States), Rockwell Automation, Inc. (United States), Velodyne Lidar (United States), Baluff AG. (China) and Bionic Robotics GmbH (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Fanuc (Japan), Carbon Robotics (United States) and OptoForce Ltd. (Hungary).
The sensor for robotics market appears to be highly fragmented and with the presence of several companies including Sick AG (Germany), Baumer Group (India), Cognex Corporation (United States), among others Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Sensors for Robotics market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Sensors for Robotics market by Type, Application and Region.
On the basis of geography, the market of Sensors for Robotics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. If we see Market by Robot Type, the sub-segment i.e. Industrial will boost the Sensors for Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Declining Cost of Robotics Sensors and the Industry Shift toward Automation 4.0 across the World
- Increasingly Adopted In Production Plants That Can Perform Exceedingly Complex Tasks with the Highest Precision
- Technologies Advancement in Robotics Sensors such as 3D vision stereo cameras and CMOS image sensors
- Issue related to High Initial Investments and the Difficulty Associated with Programming of the Robots
- Rising Demand from Emerging Market such as China, India, Brazil, Philippines, among others
- Lack of Awareness about the Capabilities that Sensors Impart To Robots in the Emerging Economies Coupled
Market Leaders and their expansionary development strategies
In 2016, the Seiko Epson Corporation (Japan) Company has launched force sensors valued at more than USD 7,200 which can be integrated with Epson robots. In addition, it can also be used in the agricultural as well as manufacturing industries. Hence, this launch has helped the company to expand its product portfolio of the company.
In September 2017, ATI Industrial Automation, Inc. (United States) Company has launched Axia80 in its force-torque sensor product. Hence, this will also affect the growth of the market in the future.
Key Target AudienceSensor for Robotics Manufacturers, Traders and Distributors of Sensor for Robotics, Research and Development Institutes, Potential Investors, Raw Material Suppliers and Nationalized Laboratories
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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