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Over 2019 – 2025, Position And Proximity Sensors Market to Gain Significant Impetus from Robotics Industry

Author : Ronak Bora | Published Date : 2019-06-03 

The Position And Proximity Sensors Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The position and proximity sensors market will witness growth owing to the increasing demand from the robotics industry. The increasing penetration of automation and digitalization across all industry verticals has led to the rising adoption of robotic technologies. Sensors form a core component of the robotic technology as they enable remote monitoring of robots and facilitate the data transmission. Sensors are also being incorporated into material handling systems such as conveyors for enhanced safety, ensuring fast obstacle detection and data transmission in automated material handling systems.

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The proliferation of Industrial Internet of Things (IIoT) coupled with the growing significance of advanced automated factories will contribute to the position and proximity sensors market growth. The need to ensure enhanced communication among several assets in a facility, the real-time insight, and analysis in the production floor will encourage the incorporation of these sensors. Sensors collect the necessary data and transmit it to the controller thereby enabling the remote monitoring of the factory. Real-time and accurate monitoring of all objects is crucial factors in an industrial process for the early detection of issues and faults. Several government initiatives supporting the IIoT technology will spur the demand for advanced sensors, thereby boosting the position and proximity sensors market demand.

The ultrasonic linear position and proximity sensors market will witness growth owing to the increasing adoption of these sensors in the robotics industry. The flourishing robotics industry is demanding high-performance sensors that can enable enhanced remote controlling of the robot and a fast data transfer. Ultrasonic sensors enable efficient contactless measurements in navigation systems for mobile robots. Infrared sensors offer quicker response time and higher resolution as compared to ultrasonic sensors.

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The Europe position and proximity sensors market is expected to flourish owing to the advanced automotive sector in Germany. The advent of IIoT and Industry 4.0 in countries including France and Germany will encourage the demand for these sensors. Several European countries including Spain and Italy recovering from the economic crisis and focusing on industrialization will propel the position and proximity market growth. Increasing number of factories is using digitalization techniques to enhance the production and the supply chain process, thereby demanding the implementation of advanced sensor technologies.

Major players in the position and proximity sensors market include Honeywell International, Inc., AMS AG, Allegro Microsystems, LLC, Infineon Technologies AG, Renishaw PLC, STMicroelectronics N.V., TE Connectivity Ltd., and MTS Systems Corporation. Increasing competition among key players to launch high-performance sensors further contributes to the industry demand.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org 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. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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