Robot Sensor Market Size

Robot Sensor Market Size

Robot Sensor Market size exceeded USD 2 billion in 2021 and is estimated to grow at over 11.5% CAGR from 2022 to 2028. The global industry shipments are projected to reach more than 12 thousand units by 2028.

Rising penetration of service robots across the medical & healthcare sector will propel the market growth. Medical service robots are extensively used for conductive robotic surgeries, continuous patient monitoring, automated drug delivery, sanitation & disinfection applications across healthcare facilities. These robots are heavily integrated with robot sensor such as proximity sensors, ultrasonic sensors, and vision sensors.
 

The COVID-19 pandemic has severely affected the market expansion in early 2020. In the first half of 2020, various regulatory bodies and government entities imposed a strict lockdown across various regions to reduce the spread of coronavirus. This resulted in supply-chain disruptions and international trade restrictions on raw materials & components required for manufacturing robot sensor.
 

However, as of 2022, several companies operating in the market have realigned their supply chain networks by collaborating with local suppliers and vendors. The pandemic has boosted the adoption of industrial robotics and automation in the manufacturing & processing industries. This is expected to add new opportunities for robot sensor vendors post-pandemic.