Industrial Robot Sensors Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR41602
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The industrial robot sensors market size is expected to grow by USD 1.50 billion and record a CAGR of 6.38% during 2021-2025.

This post-pandemic industrial robot sensors market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this industrial robot sensors market analysis report, key drivers such as miniaturization of sensors have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges in delivering high quality at low cost, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Industrial Robot Sensors Market Size be in 2021?

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Who are the Key Vendors in the Industrial Robot Sensors Market?

The industrial robot sensors market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • 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.
  • Velodyne Lidar Inc.

 

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The industrial robot sensors market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This industrial robot sensors market report further entails segmentation 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). The available actionable insights on the segmentation in this report will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The industrial robot sensors market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Industrial Robot Sensors Market?

Industrial-Robot-Sensors-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

70% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for industrial robot sensors in the region. This report provides estimations of the contribution of all regions to the growth of the industrial robot sensors market size.

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What are the Key Factors Covered in this Industrial Robot Sensors Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial robot sensors market growth during the next five years
  • Precise estimation of the industrial robot sensors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial robot sensors industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial robot sensors market vendors

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Industrial Robot Sensors Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.38%

Market growth 2021-2025

$ 1.50 billion

Market structure

Fragmented

YoY growth (%)

4.76

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 70%

Key consumer countries

China, Japan, US, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Vision systems - Market size and forecast 2020-2025
    • Force/torque sensors - Market size and forecast 2020-2025
    • Proximity sensors - Market size and forecast 2020-2025
    • Collision detection sensors - Market size and forecast 2020-2025
    • Safety sensors - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Material Handling - Market size and forecast 2020-2025
    • Welding - Market size and forecast 2020-2025
    • Assembly line - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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.
      • Velodyne Lidar Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The industrial robot sensors market growth will increase by $1703.84 million during 2019-2024.
      The industrial robot sensors market is expected to grow at a CAGR of 7.76% during 2019-2024.
      Technavio has segmented the industrial robot sensors market by product (Vision systems, Force/torque sensors, Proximity sensors, Collision detection sensors, and Safety sensors) ,distribution channel (Offline and Online) , and geographic (APAC, Europe, North America, and South America).
      ATI Industrial Automation, DAIHEN Corp., FANUC Corp., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., OMRON Corp., OnRobot A/S, Rockwell Automation Inc., Seiko Epson Corp., Velodyne Lidar Inc. are a few of the key vendors in the industrial robot sensors market.
      APAC will register the highest growth rate of 61.69% among the other regions. Therefore, the industrial robot sensors market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the industrial robot sensors market growth are:
      • Miniaturization of sensors
      • Use of next-generation power monitoring and management software
      The industrial robot sensors market vendors should focus on grabbing business opportunities from the vision systems segment as it accounted for the largest market share in the base year.
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