Global Robotic Sensors Market Report and Forecast 2024-2032

Global Robotic Sensors Market Size

The global robotic sensors market value reached approximately USD 2.4 billion in 2023. The market is projected to grow at a CAGR of 10.7% between 2024 and 2032, reaching a value of around USD 5.9 billion by 2032.

Global Robotic Sensors Market Growth

The robotic sensor serves as a device that evaluates the operating environment of a robot, enabling it to adapt its actions based on the collected data. Robotic sensors are essential tools for assessing and responding to the robot's surroundings, thus, boosting the demand of robotic sensors market.

Automation is reshaping the entire supply chain, spanning manufacturing, fulfilment, shipping, and logistics. Advancements in AI, machine learning (ML), and automation are expected to enhance the deployment of robotics in logistics and transportation, aiding the market. Moreover, rising investments in fleets of autonomous mobile robots (AMRs) by manufacturers are favouring the robotic sensors market demand.

Global Robotic Sensors Market Analysis

The introduction of 5G and innovations in big data and cloud computing are poised to revolutionise the robotics sector and surge the effectiveness, focus, and precision of robots, driving the robotic sensors market growth.

The rising utilisation of smart sensors that can support robots to navigate complex terrains, efficiently avoid obstacles, recognise different objects, and safely interact with humans is favouring market development.

Innovations to lower costs, optimise operations, and elevate the efficiency of robots are key robotic sensors market trends. Additionally, the flourishing e-commerce sector has aided the necessity for robotic advancements, boosting the requirement for advanced sensors and further stimulating the robotic sensors demand growth.

Global Robotic Sensors Industry Outlook

According to The International Federation of Robotics, in 2023, U.S. manufacturing companies significantly increased their automation investments, with industrial robot installations rising by 12% to a record 44,303 units. The automotive industry led this surge, followed closely by the electrical and electronics sectors, driving the robotic sensors industry revenue.

However, in 2022, South Korea led global robot density in manufacturing with 1,012 robots per 10,000 employees, far surpassing the world average of 151, according to The International Federation of Robotics. Singapore followed with 730 robots, while Japan and Germany had 397 and 392 robots, respectively. China reached 390 robots, reflecting rapid automation growth.

The robotics sensors market dynamics and trends are influenced by significant investments in automation. Sweden and Hong Kong reported 338 and 334 robots per 10,000 employees respectively, showcasing substantial automation efforts. Similarly, Switzerland and Chinese Taipei recorded 296 and 292 robots per 10,000 employees respectively. In the United States, there were 285 robots, while Slovenia reported 284 robots per 10,000 employees, highlighting robust automation trends globally.

Denmark and the Netherlands also displayed high robot densities with 274 and 248 robots, respectively. Italy, Austria, and Belgium showed moderate densities, ranging from 219 to 216 robots. Canada and the Czech Republic had 198 and 190 robots, respectively, indicating steady automation adoption.

France and Spain, with 180 and 169 robots per 10,000 employees, respectively, highlighted moderate automation levels compared to the leading countries. This data underscores significant regional disparities, with Asia showing the highest average robot density (168), followed by Europe (136) and the Americas (120).

Ongoing innovations in sensor technology boost performance and capabilities, fuelling the growth of the robotic sensor industry.

• Extensively used in sectors like manufacturing, healthcare, and logistics, driving demand.

• Increases precision and efficiency in robotic systems, essential for complex operations.

Advanced sensors are costly, hindering adoption in price-sensitive markets.

• Requires specialized skills for integration into robotic systems, posing technical challenges.

• Sensors may underperform in extreme conditions, affecting system reliability.

Growing automation in various sectors increases the need for advanced sensors.

• Industrialization and automation in emerging regions offer growth potential.

• Enhancing sensor capabilities through AI and machine learning.

Intense competition from established and new players pressures pricing and margins.

• Strict regulations and standards can hinder market entry and expansion.

• Economic downturns can decrease investment in automation and advanced technologies, affecting demand of the robotic sensors market.

Key Players in the Global Robotic Sensors Market and Their Strategic Initiatives

Fanuc Corporation

• Developed high-precision sensors for industrial robots, enhancing automation accuracy. 

• Expanded sensor integration with AI to improve robotic adaptability. 

• Invested in R&D for next-gen tactile and vision sensors to meet the robotic sensors market demand.

Sensata Technologies Holding PLC

• Focused on durable, high-performance sensors for harsh environments.

• Innovated in IoT-enabled sensors for real-time data analytics. 

• Enhanced sensor offerings for automotive robotics applications.

Infineon Technologies AG

• Advanced sensor technologies for improved robotic perception and safety.

• Collaborated with industry leaders to develop AI-enhanced sensors. 

• Expanded portfolio to include sensors for autonomous systems.

Baumer Holding AG

• To capture the growing robotics sensors market opportunities, the company  smart sensors with integrated data processing capabilities.

• Strengthened market presence with custom sensor solutions for various industries. 

• Specializing in optical and inductive sensors for precise applications.

Global Robotic Sensors Industry Segmentation

“Global Robotic Sensors Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Vision Sensor

• Position Sensor

• Temperature Sensor

• Proximity Sensor

• Pressure Sensor

• Others

Market Breakup by End Use

• Logistics

• Manufacturing

• Process and Packaging 

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Robotic Sensors Market Share

As per the robotic sensors market analysis, the manufacturing sector has been one of the major users of automation technologies. In the manufacturing sector, sensor-based collaborative and humanoid robots perform a range of tasks like packing, picking, and rolling. Robotic sensors also play a pivotal role across various end-use industries such as logistics and packaging, effectively tackling challenging tasks.

Other sectors like agriculture are also poised to experience rapid growth in the coming years, fuelled by the rising need for sensor-based robots to execute diverse agricultural operations, including harvesting, control, sorting, packing, seeding, and spraying enhancing the growth of the robotic sensors market.

Leading Companies in the Robotic Sensors Market

The company leads in technology and manufacturing, specializing in aerospace, building technologies, performance materials, and safety solutions, with a strong commitment to innovation and sustainability across various industries.

• Fanuc Corporation 

• Sensata Technologies Holding PLC 

• Infineon Technologies AG 

• Baumer Holding AG 

• Honeywell International Inc. 

• TE Connectivity Ltd. 

• SICK AG 

• Omron Corporation 

• FUTEK Advanced Sensor Technology, Inc. 

• Novanta Inc. 

• Tekscan, Inc.

Key Highlights of the Report

Robotic Sensors Market Report Snapshots

Robotic Sensors Market Size

Robotic Sensors Market Growth

Robotic Sensors Market Analysis

Robotic Sensors Market Share

Robotic Sensors Companies