Industrial Robot Sensors Market

Industrial Robot Sensors Market Analysis

Robot sensors can measure and detect changes to the environment external to a robot. It collects information, converts it into signals, and sends it to the robot controller, which helps the robot operate efficiently.

The industrial robot sensors market will grow at a steady rate over the next 10 years since there is increasing investment in research and development on robotic science. Both developed countries, and developing countries are automating their manufacturing processes by deploying robots since this improves the rate of production and reduces cost.

Global Industrial Robot Sensors market is expected to witness CAGR of 7.27% during the forecast period. The revenue generated by the global Industrial Robot Sensors market in 2020 was over USD 1,397.87 million and expected to generate revenue worth USD 2,661.79 million in 2027. The incremental growth opportunity offered by the global Industrial Robot Sensors is estimated to be USD 15.54 billion between 2021 and 2027.

Interesting Facts about Industrial Robot Sensors Industry

• Industry 4.0 is an industrial revolution rapidly changing technology landscape in manufacturing industry
• Industrial Robotics market was valued at around USD 25 Billion in 2020
• Worldwide yearly shipments of robots soared to around 400,000 in 2020
• As of year, ended 2020, there were more than 2.5 million industrial robots operating on factor floors
• S. has highest employee to industrial robotics density in the world followed by Europe

Rapid Pace of Automation

Increasing industrial automation means that robots are now being used to manage complex processes, reduce labour costs, save on energy, improve accuracy, boost production efficiency and enhance quality. All of these are having the effect of boosting the robot sensor market.

Industrial initiatives launched by several governments around the world will increase the usage of industrial robots and robotic sensors. Hence, the market for robot sensors will grow in the near future. All of these developments are motivating market players to enhance their robotic sensor technology to boost production efficiency in manufacturing facilities.

COVID 19 Pandemic has Proved the Benefits of Industrial Robotics

Covid-19 has proved to be a key driver for the industrial robotic sensor market. Due to the pandemic, companies are now using robots to reduce their reliance on human labor. Organizations are also launching programs to develop medical robots that can be used to combat covid-19. Owing to covid-19, industry leaders are now increasingly looking towards robots to run their production facilities since there is a serious shortage of human labor.

However, the technological challenges and the high cost of robotic sensor equipment will hamper the market for industrial robotic sensors.

Vision Sensors to Dominate the Industrial Robot Sensors

Vision systems, Torque sensor, Proximity sensor, Collision detection sensor, Safety sensor, etc. are some of the major types of sensors used in industrial robotics. Vision sensors dominate the market for Industrial Robot Sensors with over 20% share in 2020. Material handling, Welding, Assembly line and Paint robots are some of the application markets for Industrial Robot Sensors.

Changing Technology Landscape and increasing Adoption of Robotics  

The most important of these is the increased adoption of robotic technology to automate all kinds of manufacturing tasks. Another key driver is the increased requirement for service robots in technologically advanced countries. Also, rising investments on robotic research has to be factored in.

The industrial robotic sensor market is rising because there is a consistent improvement in robotic sensor technology that is extending the capabilities of robots.

Due to ongoing research and development projects, the costs of robotic sensors are also steadily decreasing. Robots are increasingly being used for complex tasks, resulting in an increased demand for robotic sensor technology. In the US as well as other developed countries there is an increase in the adoption of robots for defense and logistics purposes. Also, the use of robots in the automotive sector is another crucial driving factor. Robots are also being increasingly used in medical applications such as surgery.

Asia Pacific to Witness Robotics Boom in the Years to Come

There is an increasing trend of domestic robots in the Asia Pacific region for industrial applications. This is increasing the demand for robotic sensors. However, there are certain drawbacks that restrain the industrial robotic sensor market. These are the high costs involved and the technical challenges associated with advanced robotic sensors.

Some of the leading players in global Industrial Robot Sensors include Robocep, Roboception, EPSON, iniLabs, Cognex, OTC Daihen, Hermary Opto Electronics, Fanuc, FUTEK Advanced Sensor Technology, Honeywell International, ams, MaxBotix, Perception Robotics, ATI Industrial Automation, Tekscan and Omron.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation
2.Executive Summary
2.1.Market Snapshot: Global Industrial Robot Sensors Market
3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Industrial Robot Sensors Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Application
3.3.3.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis
4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players
5.COVID 19 Impact Analysis
5.1.Global Industrial Robot Sensors Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply
6.North America
6.1.North America Industrial Robot Sensors Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Industrial Robot Sensors Market, by End-user, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Vision systems
6.2.3.Torque sensor
6.2.4.Proximity sensor
6.2.5.Collision detection sensor
6.2.6.Safety sensor
6.3.North America Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Material handling
6.3.3.Welding
6.3.4.Assembly line
6.3.5.Paint robots
7.Europe
7.1.Europe Industrial Robot Sensors Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Industrial Robot Sensors Market, by End-user, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Vision systems
7.2.3.Torque sensor
7.2.4.Proximity sensor
7.2.5.Collision detection sensor
7.2.6.Safety sensor
7.3.Europe Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Material handling
7.3.3.Welding
7.3.4.Assembly line
7.3.5.Paint robots
8.Asia Pacific
8.1.Asia Pacific Industrial Robot Sensors Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Industrial Robot Sensors Market, by End-user, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Vision systems
8.2.3.Torque sensor
8.2.4.Proximity sensor
8.2.5.Collision detection sensor
8.2.6.Safety sensor
8.3.Asia Pacific Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Material handling
8.3.3.Welding
8.3.4.Assembly line
8.3.5.Paint robots
9.Latin America
9.1.Latin America Industrial Robot Sensors Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Industrial Robot Sensors Market, by End-user, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Vision systems
9.2.3.Torque sensor
9.2.4.Proximity sensor
9.2.5.Collision detection sensor
9.2.6.Safety sensor
9.3.Latin America Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Material handling
9.3.3.Welding
9.3.4.Assembly line
9.3.5.Paint robots
10.Middle East
10.1.Middle East Industrial Robot Sensors Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Industrial Robot Sensors Market, by End-user, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Vision systems
10.2.3.Torque sensor
10.2.4.Proximity sensor
10.2.5.Collision detection sensor
10.2.6.Safety sensor
10.3.Middle East Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Material handling
10.3.3.Welding
10.3.4.Assembly line
10.3.5.Paint robots
11.Africa
11.1.Africa Industrial Robot Sensors Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Industrial Robot Sensors Market, by End-user, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Vision systems
11.2.3.Torque sensor
11.2.4.Proximity sensor
11.2.5.Collision detection sensor
11.2.6.Safety sensor
11.3.Africa Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Material handling
11.3.3.Welding
11.3.4.Assembly line
11.3.5.Paint robots
12.Global
12.1.Global Industrial Robot Sensors Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Vision systems
12.1.3.Torque sensor
12.1.4.Proximity sensor
12.1.5.Collision detection sensor
12.1.6.Safety sensor
12.2.Global Industrial Robot Sensors Market, by Application, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Material handling
12.2.3.Welding
12.2.4.Assembly line
12.2.5.Paint robots
13.Company Profiles
13.1.Roboception
13.2.EPSON
13.3.iniLabs
13.4.Cognex
13.5.OTC Daihen
13.6.Hermary Opto Electronics
13.7.Fanuc
13.8.FUTEK Advanced Sensor Technology
13.9.Honeywell International
13.10.ams
13.11.MaxBotix
13.12.Perception Robotics
13.13.ATI Industrial Automation
13.14.Tekscan
13.15.Omron
13.16.Others

List of Figures

FIG. 1Global Industrial Robot Sensors Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Industrial Robot Sensors Market Segmentation
FIG. 4Global Industrial Robot Sensors Market, by Type, 2019 (US$ Bn)
FIG. 5Global Industrial Robot Sensors Market, by Application, 2019 (US$ Bn)
FIG. 6Global Industrial Robot Sensors Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Industrial Robot Sensors Market Manufacturers, 2019
FIG. 9Global Industrial Robot Sensors Market Value Contribution, By Type, 2020 & 2027 (Value %)
FIG. 10Global Industrial Robot Sensors Market, by Vision systems, Value, 2015-2027 (US$ Bn)
FIG. 11Global Industrial Robot Sensors Market, by Torque sensor, Value, 2015-2027 (US$ Bn)
FIG. 12Global Industrial Robot Sensors Market, by Proximity sensor, Value, 2015-2027 (US$ Bn)
FIG. 13Global Industrial Robot Sensors Market, by Collision detection sensor, Value, 2015-2027 (US$ Bn)
FIG. 14Global Industrial Robot Sensors Market, by Safety sensor, Value, 2015-2027 (US$ Bn)
FIG. 15Global Industrial Robot Sensors Market Value Contribution, By Applications, 2020 & 2027 (Value %)
FIG. 16Global Industrial Robot Sensors Market, by Material handling, Value, 2015-2027 (US$ Bn)
FIG. 17Global Industrial Robot Sensors Market, by Welding, Value, 2015-2027 (US$ Bn)
FIG. 18Global Industrial Robot Sensors Market, by Assembly line, Value, 2015-2027 (US$ Bn)
FIG. 19Global Industrial Robot Sensors Market, by Paint robots, Value, 2015-2027 (US$ Bn)
FIG. 20U.S. Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 21Rest of North America Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 22U.K. Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 23Germany Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 24France Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 25Italy Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 26Spain Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 27Russia Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 28BENELUX Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 29Poland Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 30Austria Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 31Rest of Europe Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 32Japan Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 33China Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 34India Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 35South Korea Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 36Australia Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 37Southeast Asia Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 38Rest of Asia Pacific Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 39Middle East & Africa Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 40South Africa Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 41Nigeria Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 42Egypt Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 43GCC Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 44Israel Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 45Latin America Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 46Mechanicalzil Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 47Argentina Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 48Colombia Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 49Peru Industrial Robot Sensors Market, 2015-2027 (US$ Bn)
FIG. 50Chile Industrial Robot Sensors Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (Industrial Robot Sensors) Market
TABLE 2Global Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 3Global Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 4Global Industrial Robot Sensors Market, by Geography, 2015-2027 (US$ Bn)
TABLE 5North America Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 6North America Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 7North America Industrial Robot Sensors Market, by Country, 2015-2027 (US$ Bn)
TABLE 8Europe Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 9Europe Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 10Europe Industrial Robot Sensors Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 11Asia Pacific Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Industrial Robot Sensors Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 14Latin America Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 15Latin America Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 16Latin America Industrial Robot Sensors Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 17Middle East Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 18Middle East Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 19Middle East Industrial Robot Sensors Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 20Africa Industrial Robot Sensors Market, by Type, 2015-2027 (US$ Bn)
TABLE 21Africa Industrial Robot Sensors Market, by Application, 2015-2027 (US$ Bn)
TABLE 22Africa Industrial Robot Sensors Market, by Country/Region, 2015-2027 (US$ Bn)