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North America Robot Sensor Market Size to Surpass USD 1.4 Billion by 2024

Author : Ronak Bora | Published Date : 2020-10-16 

The research report on North America Robot Sensor Market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors.

According to the given report, North America robot sensor industry registered a remuneration of USD 680 million in 2017 and is expected to surpass a mammoth of USD 1.4 billion by the end of 2024, depicting a CAGR of 11%. Additionally, the market analysis document also envelopes pivotal information on the current market scenario, current advancing technologies, huge competitive landscape, future growth prospects, industry tactics, and vivid market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1130/sample

The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends that the North America robot sensor industry is characterized by. The North American robot sensor market, as stated in the report, is divided on the basis of product, application, type, regions, and competitive landscape.

Increasing demand for vision sensors is another factor boosting market demand of the North America robot sensor market. These are the integral parts of robotic systems, which are used for the detection and measurement of objects by capturing the image through a camera. Their applications in manufacturing industries for object detection and the accuracy of parts have propelled the North America robot sensor market. Additionally, new technological advancements such as 3D imaging in this region are anticipated to drive the North America robot sensor market. Due to miniaturization, the integration of electronic components has led to the development of more compact sensors which has increased their implementation in quality control applications in industrial and automotive sectors.

Considering the regional landscape, North America robot sensor market is diversified into regions and its elaborative analysis has been enclosed in the report as well. The report states various factors that have been massively supporting the growth of regional markets along with addressing with trending growth opportunities existing in every region, their individual growth rates and market positions, technologies being used, regulatory reforms, and much more.

Advancements in the technology are accelerating the adoption of domestic robots, which is anticipated to proliferate the North America robot sensor market over the forecast period. Domestic robots are service robots that are used for household chores, entertainment, etc. In addition, the low cost of these robots is further expected to accelerate penetration in the household sector. As per the International Federation of Robotics, it is estimated that domestic robots will contribute around USD 11 billion by 2020 to the revenue.

In terms of the competitive landscape, robot sensor market in North America boasts of presence of companies like ATI Technologies, Rockwell Automation, Honeywell International, Inc., Emerson Electric Company. In line with this, the report includes required details on sales spectrum of each of these enterprises, their market tactics to maintain foothold in the market, individual company profiles and market share, and position in the overall ecosystem.

[TOC Chapters]

Chapter 4.North America Robot Sensor Market Size, by Product, 2013 – 2024

 

  • Force Torque
  • Vision
  • Ultrasonic
  • Acoustical
  • Tactile
  • Laser Range
  • Proximity

 

Chapter 5.North America Robot Sensor Market Size, by Robot Type, 2013 – 2024

  • Industrial
  • Service
  • Collaborative

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1130/north-america-robot-sensor-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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