Global Robotic Sensors Market 2024-2028
The robotic sensors market is forecasted to grow by USD 698.7 mn during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the robotic sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of IIoT, growth of industrial automation and robotics, and growing demand for sensor technology in smart factories.
Technavio's robotic sensors market is segmented as below:
By Application
- Industrial robots
- Service robots
- Collaborative robots
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the development of next-generation robots as one of the prime reasons driving the robotic sensors market growth during the next few years. Also, advances in medical robotics, electrical, and automated guided vehicles and technological advancements in sensor technologies providing expanded capabilities to robots will lead to sizable demand in the market.
The report on the robotic sensors market covers the following areas:
- Robotic sensors market sizing
- Robotic sensors market forecast
- Robotic sensors market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading robotic sensors market vendors that include Balluff GmbH, Baumer Holding AG, Carlo Gavazzi Holding AG, Cognex Corp., Daihen Corp., FANUC Corp., Honeywell International Inc., ifm electronic gmbh, Infineon Technologies AG, Keyence Corp., Novanta Inc., OMRON Corp., OnRobot AS, Roboception GmbH, Schneider Electric SE, Seiko Epson Corp., SICK AG, TE Connectivity Ltd., Tekscan Inc., and Velodyne LIDAR Inc.. Also, the robotic sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.