Industrial Robot Sensors Market | Leading Segments, Trends, Drivers and Challenges
Market Forecast and Growth Projections 2021-2025

The Global industrial robot sensors market is expected to grow by $ 1.50 bn, accelerating at a CAGR of over 6.38% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

Get a peek into our extensive market analysis:  Request for Our FREE Sample Report

Industrial Robot Sensors Market: Segments and Leading  Regions

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The Industrial Robot Sensors Market is segmented by Product (Vision systems, Force/torque sensors, Proximity sensors, Collision detection sensors, and Safety sensors), Application (Material Handling, Welding, Assembly line, and Others), and Geography (APAC, Europe, North America, South America, and MEA).
• 70% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Industrial Robot Sensors Market size.

Industrial Robot Sensors Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• A significant factor in driving the growth of the Industrial Robot Sensors Market will be the miniaturization of sensors.
• Technological improvements in vision systems is another factor that will be instrumental in driving market growth during the forecast period.
• One of the key challenges that market players need to contend with in order to achieve further success is the Challenges in delivering high quality at low cost.

Industrial Robot Sensors Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• ATI Industrial Automation, DAIHEN Corp., FANUC Corp., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., OMRON Corp., OnRobot AS, Rockwell Automation Inc., Seiko Epson Corp., and Velodyne Lidar Inc. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 6.38%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 1.50 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Miniaturization of sensors will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   70% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are ATI Industrial Automation, DAIHEN Corp., FANUC Corp., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., OMRON Corp., OnRobot AS, Rockwell Automation Inc., Seiko Epson Corp., and Velodyne Lidar Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Vision systems, Force/torque sensors, Proximity sensors, Collision detection sensors, and Safety sensors), Application (Material Handling, Welding, Assembly line, and Others), and Geography (APAC, Europe, North America, South America, and MEA)