Market Overview:
The global robotic position sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial robots across various industries, such as automotive, manufacturing, and logistics. In addition, the growing demand for customized sensors is also contributing to the growth of this market. The global robotic position sensor market can be segmented on the basis of type into standard sensors and customizable sensors. Standard sensors are those that are pre-configured and do not require any customization or adjustment according to end-user requirements. Customizable sensors, on the other hand, can be adjusted or configured as per end-user requirements depending on their specific application needs. The global robotic position sensor market can also be segmented by application into manufacturing, automotive, process & packaging, logistics and other applications such as healthcare & life sciences and agriculture & forestry among others).
Product Definition:
A robotic position sensor is a device that helps a robot determine its location in space. This information is used by the robot to control its movements and navigate around its environment. Position sensors are important for robots because they allow them to interact with their surroundings safely and effectively.
Standard Sensor:
The standard sensor is a device that emits infrared light and measures the distance to an object. They are used in robotic applications for detecting objects and determining positions,orientations,and movements of physical bodies.
Advancement in technology has led to miniaturization of components which results into compact size sensors with enhanced performance characteristics.
Customizable Sensor:
Customizable sensor is a device that can be customized to measure any physical parameter. It’s used in robotic position sensors for determining the pose of a limb or other body part. The most common examples include potentiometers, rotary encoders, and switches.
The major application areas of these sensors are robotics & automation and human-machine interface (HMI).
Application Insights:
The manufacturing application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Robotic position sensors are used in various applications, such as machine tools, assembly lines, CNC (computer numerical control) machines, and robotics systems. The increasing adoption of these devices on account of their benefits is expected to drive demand over the forecast period.
Automotive was one of the fastest-growing application segments owing to increasing demand for advanced vehicles with enhanced safety features and comfort. Moreover, stringent government regulations regarding road safety are anticipated to further propel market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in industrial automation, rising labor costs, improving logistics facilities, and growing consumer electronics production. Robust manufacturing base of automotive components and electronic goods in China is also anticipated to have a positive impact on regional growth.
The European region accounted for more than 20% of the overall revenue share in 2017 owing to high demand from end-use industries such as healthcare & life sciences, food & beverage processing industry (breweries), metal processing (factories), oil & gas sector (petrochemical plants) etc.
Growth Factors:
- Increasing demand for robotic automation in automotive and manufacturing industries
- Growing adoption of position sensors in collaborative robots
- Rising demand for precision and accuracy in robotics applications
- Proliferation of industrial IoT and cloud-based platforms
- Emergence of new applications for position sensors in robotics
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotic Position Sensor Market Research Report
By Type
Standard Sensor, Customizable Sensor
By Application
Manufacturing, Automotive, Process & Packaging, Logistics, Other
By Companies
ATI Industrial Automation, Baumer Group, FANUC, FUTEK Advanced Sensor Technology, Honeywell International, Infineon Technologies, OMRON Corporation, Sensata Technologies, TE Connectivity, Tekscan, ATI Industrial Automation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Robotic Position Sensor Market Report Segments:
The global Robotic Position Sensor market is segmented on the basis of:
Types
Standard Sensor, Customizable Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Automotive, Process & Packaging, Logistics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ATI Industrial Automation
- Baumer Group
- FANUC
- FUTEK Advanced Sensor Technology
- Honeywell International
- Infineon Technologies
- OMRON Corporation
- Sensata Technologies
- TE Connectivity
- Tekscan
- ATI Industrial Automation
Highlights of The Robotic Position Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Standard Sensor
- Customizable Sensor
- By Application:
- Manufacturing
- Automotive
- Process & Packaging
- Logistics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Robotic Position Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A robotic position sensor is a device that measures the distance and angle between two points. This information is then used to control the movement of a robot.
Some of the key players operating in the robotic position sensor market are ATI Industrial Automation, Baumer Group, FANUC, FUTEK Advanced Sensor Technology, Honeywell International, Infineon Technologies, OMRON Corporation, Sensata Technologies, TE Connectivity, Tekscan, ATI Industrial Automation.
The robotic position sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Robotic Position Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Robotic Position Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Robotic Position Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Robotic Position Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Robotic Position Sensor Market Size & Forecast, 2018-2028
4.5.1 Robotic Position Sensor Market Size and Y-o-Y Growth
4.5.2 Robotic Position Sensor Market Absolute $ Opportunity
Chapter 5 Global Robotic Position Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Robotic Position Sensor Market Size Forecast by Type
5.2.1 Standard Sensor
5.2.2 Customizable Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Robotic Position Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Robotic Position Sensor Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Automotive
6.2.3 Process & Packaging
6.2.4 Logistics
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Robotic Position Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Robotic Position Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Robotic Position Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Robotic Position Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Robotic Position Sensor Market Size Forecast by Type
9.6.1 Standard Sensor
9.6.2 Customizable Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Robotic Position Sensor Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Automotive
9.10.3 Process & Packaging
9.10.4 Logistics
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Robotic Position Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Robotic Position Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Robotic Position Sensor Market Size Forecast by Type
10.6.1 Standard Sensor
10.6.2 Customizable Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Robotic Position Sensor Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Automotive
10.10.3 Process & Packaging
10.10.4 Logistics
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Robotic Position Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Robotic Position Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Robotic Position Sensor Market Size Forecast by Type
11.6.1 Standard Sensor
11.6.2 Customizable Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Robotic Position Sensor Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Automotive
11.10.3 Process & Packaging
11.10.4 Logistics
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Robotic Position Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Robotic Position Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Robotic Position Sensor Market Size Forecast by Type
12.6.1 Standard Sensor
12.6.2 Customizable Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Robotic Position Sensor Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Automotive
12.10.3 Process & Packaging
12.10.4 Logistics
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Robotic Position Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Robotic Position Sensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Robotic Position Sensor Market Size Forecast by Type
13.6.1 Standard Sensor
13.6.2 Customizable Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Robotic Position Sensor Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Automotive
13.10.3 Process & Packaging
13.10.4 Logistics
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Robotic Position Sensor Market: Competitive Dashboard
14.2 Global Robotic Position Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ATI Industrial Automation
14.3.2 Baumer Group
14.3.3 FANUC
14.3.4 FUTEK Advanced Sensor Technology
14.3.5 Honeywell International
14.3.6 Infineon Technologies
14.3.7 OMRON Corporation
14.3.8 Sensata Technologies
14.3.9 TE Connectivity
14.3.10 Tekscan
14.3.11 ATI Industrial Automation
