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Robot Sensor Market Share

Report ID: GMI2802
Published Date: Aug 2024
Report Format: PDF

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Robot Sensor Market Share

Fanuc Corporation and Honeywell International Inc. hold a significant share in the robot sensor industry. Fanuc, renowned for its robotics and automation solutions, integrates sophisticated sensors into its robotic systems to enhance precision and functionality. Their strong focus on innovation and quality supports their leading position. Honeywell International Inc. contributes to the market with its diverse sensor technologies and solutions designed for various industrial applications. Honeywell's expertise in sensors and controls provides critical performance and reliability in robotic systems, positioning them as a major player in the market.

Some other major players in the market are ams AG, Balluff GmbH, Baumer, CAPTRON Electronic GmbH, Datalogic S.p.A., DAIHEN Corporation, and Seiko Epson Corporation.

Robot Sensor Market Companies

Major players operating in the robot sensor industry are:

ATI Industrial Automation Inc
Carlo Gavazzi
Cognex Corporation
Fanuc Corporation
Honeywell International Inc
Infineon Technologies
KEYENCE CORPORATION
SICK AG

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Market size of robot sensor surpassed USD 2 billion in 2021 and is expected to expand at a CAGR of 11.5% between 2022 and 2028 driven by the growing penetration of service robots across the medical & healthcare sector.

The force/torque sensors is slated to record a growth rate of 13% by 2028 owing to their numerous features such as excellent temperature compensation, high linearity, low-cost operations, and high linearity.

Asia Pacific market is anticipated to register a growth rate of 13.5% through 2028 impelled by the favorable government initiatives supporting the acceptance of smart factories across Taiwan, Japan, China, and South Korea.

Major companies in the market comprise Honeywell International, Inc., Carlo Gavazzi, SICK AG, Fanuc Corporation, ATI Industrial Automation, Inc., KEYENCE CORPORATION, Infineon Technologies, Cognex Corporation, and others.