North American Robot Sensors Market revenue to cross $1.96 Bn by 2028

Published Date: 2022-07-18

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North American Robot Sensors Market size is predicted to reach USD 1.96 billion by 2028, according to a latest forecast report by Graphical Research.

The market growth is as manufacturers look to reshore operations back to North America. Major entities in the global manufacturing sector are looking to gradually move their services and operations back to the North American region, in an effort to safeguard themselves against implications from the ongoing supply chain risks. These companies are becoming increasingly reliant on industrial automation technologies like robotics to minimize the economic impact of this reshoring, whilst ensuring consistency in product quality, throughput, and efficiency.

Robots, when integrated with manufacturing applications, can help ensure optimum production, quality, and efficiency as well as boost revenue, which has prompted the use of such technologies across the North American manufacturing sector. Industrial robotic installations in North America grew by more than 17% in 2021, according to the International Federation of Robotics.

The industrial robot sensors market will register a 11% CAGR through 2028, given the increasing use of industrial robotic systems in automotive manufacturing applications. According to estimates from IFR, North American automakers and component manufacturers represented nearly 47% of robot orders in the first quarter of 2022. Automotive robots demonstrate several benefits for the production of vehicles, including reduction of part-to-part variability, decrease in waste caused due to human error, more efficiency in repetitive tasks, and better handling of parts.

The ultrasonic robot sensors market is expected to record considerable gains by 2028, driven by their massive adoption in robotic systems for obstacle detection, object tracking, and collision avoidance.

Several prominent auto manufacturers are making targeted investments in advanced technologies like robotics to facilitate the adaptation of their factories for emerging EV models and battery production. To illustrate, in August 2021, Volkswagen announced a considerably large investment to promote digital transformation and electric mobility across its assembly plants in the U.S. and Mexico. Through the integration of technologies like intelligent robotics, AI, and cloud-based industrial software into factory operations, the automaker was aiming for a 30% improvement in production performance for large-scale car and EV assembly across several North American facilities by 2025.

Browse detailed statistical insights from the report, “North America Robot Sensor Market Forecast 2028 By Product (Force Torque, Vision, Ultrasonic, Acoustical, Tactile, Laser Range, Proximity), By Application (Manufacturing, Logistics, Defense, Agriculture, Medical, Domestic, Entertainment), By Robot Type (Industrial, Service, Collaborative), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1130/north-america-robot-sensor-market

The healthcare segment to increase exponentially over the forecast period, given the strong position of North America in robotics hiring for healthcare positions.

Recent advancements in robotics and intelligent machines have brought about a transformation in the way clinicians provide care within various healthcare settings and are also addressing the recent shortages in clinical staff arising due to the impact of the COVID-19 pandemic. Based on estimates from the Bureau of Labor Statistics, the healthcare sector in the U.S. lost nearly half a million workers since February 2020.

In order to address these shortages, robotic systems have been increasingly adopted as aides to assist healthcare staff in caring for frail, cognitively or physically disabled, and recovering patients. Additionally, the integration of robotic systems into healthcare systems, especially hospitals and clinics, has become popular for the autonomous retrieval and transportation of essential medications, specimens, equipment, and supplies.

The U.S. robot sensors market will exceed USD 1830 million by 2028, owing to growing investments from government agencies in defense and military technologies. In September 2021, for instance, the U.S. Air Force awarded an IDIQ contract of USD 85 million to L3Harris Technologies for the production and supply of over 170 of its T7™ robots, as a replacement for the existing Explosive Ordnance Disposal (EOD) system, to mitigate the risk of explosives at bases.

The 10-year contract covered the production of the robots, as well as other support, training, and maintenance services. These developments are part of the burgeoning R&D focus on military robotics in the region, which could, in consequence, boost the adoption of robot sensors in the United States.

The North American robot sensors market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Billion from 2017 to 2028, for the following segments:

North America Market, By Product

  • Force/Torque sensors
  • Vision sensors
  • Ultrasonic sensors
  • Tactile sensors
  • Laser range sensors
  • Proximity sensors
  • Other sensors

North America Market, By Robot Type

  • Industrial robot sensors
  • Service robot sensors
  • Collaborative robot sensors

North America Market, By Application

  • Manufacturing
  • Logistics
  • Defense
  • Agriculture
  • Medical
  • Domestic
  • Entertainment
  • Others

The above information has been provided for the following countries:

  • North America
    • U.S.
    • Canada