North America Robot Sensor Market to witness remarkable proceeds over 2018-2024
Category: #reports  By Madhuri Pawar  Date: 2019-03-13
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North America Robot Sensor Market to witness remarkable proceeds over 2018-2024

The Graphical Research represent a North America Robot Sensor Market report that offers important details pertaining to market share, market size, profit estimations, applications and statistics of this industry. The report further presents a detailed competitive analysis including growth strategies adopted by key players of the industry. 

North America Robot Sensor Market estimated to cross USD 1.4 Billion by 2024. Increasing penetration of technological innovations and the integration of automation across all industry verticals is contributing significantly to the adoption of robots. Moreover, rising labor cost is a significant aspect fostering the North America robot sensor market. Logistics industry is at the forefront of deploying robots for executing tasks such as pick & drop, packing, and others. This is due to the accuracy, safety, and efficiency that they provide. The medical industry has been using these systems for minimally-invasive surgeries such as surgical assistance, medical transportation, etc. Increasing deployment of robot systems in these sectors will augment the North America robot sensor market growth.

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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.

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.

Prominent Players in the North America robot sensor market such as ATI Technologies, Rockwell Automation, Honeywell International, Inc., Emerson Electric Company, etc., are initiating expansion activities globally to sustain the competitive edge. In May 2017, Emerson announced its plans for investments in a manufacturing facility, InSinkErator’s in Wisconsin, U.S.

Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1130/north-america-robot-sensor-market

Segments We Cover:

North America Robot Sensor Market Trends, By Robot Type:
Industrial
Service
Collaborative

North America Robot Sensor Market Statistics, By Product:
Force Torque
Vision
Ultrasonic
Acoustical
Tactile
Laser Range
Proximity

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North America Robot Sensor Market Growth, By Application:
Manufacturing
Logistics
Defense
Agriculture
Medical
Domestic
Entertainment

The above information is provided for the following regions and countries:
U.S.
Canada

Related Reports:

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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

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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