According to a new report, published by KBV research, The Global Robotic Sensors Market size is expected to reach $3.1 billion by 2028, rising at a market growth of 10.2% CAGR during the forecast period.
The Logistics segment is showcasing a CAGR of 9.9% during (2022 - 2028). Each stage of the supply chain is changing due to automation, including manufacturing, shipping, fulfillment, and logistics. The state of robotics currently utilized in logistics and transportation will inevitably advance as a result of the quick developments in machine learning (ML), AI, and automation.
The Force (Torque) Sensor segment acquired maximum revenue share in the Global Robotic Sensors Market by Type in 2021 thereby, achieving a market value of $857.4 million by 2028. A force-torque (FT) sensor refers to a type of electronic instrument used to measure, track, record, and control the linear & rotational forces acting on it. In addition, the FT sensor in a mechanical or robotic system could be equated to the tiny receptors which give animals their sensation of "touch" in their skin.
The Asia Pacific market dominated the Global Robotic Sensors Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.1 billion by 2028. The Europe market is exhibiting a CAGR of 9.8% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 9.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/robotic-sensors-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of TE Connectivity Ltd., Infineon Technologies AG, Omron Corporation, Honeywell International, Inc., ATI Industrial Automation, Inc., FANUC Corporation, Sensata Technologies Holdings PLC, Baumer Holding AG, Tekscan, Inc., and FUTEK Advanced Sensor Technology, Inc.
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