Sensors for Drones and Robots Market - Forecast(2024 - 2030)

Report Code: AIR 0340 Report Format: PDF + Excel
The Global market of Sensors for Drones and Robots is forecast to reach xyz by 2025, growing at a CAGR of yz% from 2020 to 2025. The growing demand for drones towards agriculture and robots in military sector are acting as major drivers in the growth of Sensors for Drones and Robots market. Moreover, technology advancements and improvements towards security and surveillance sectors have helped the global drones and robot sensors market to grow significantly.

Key Takeaways
  • Military and Defense sector have been causing high dependence towards semi autonomous robots as well as drones due to higher efficiency, ultimately rising the growth of Sensors for drones and robots market.
  • North America accounted for the highest growth in the global Sensors for Drones and Robots market in 2019, due to rising demand towards military and defence sector along with rising sensor developments.
  • With rising demands for collaborative robots as well in drone mapping applications, Sensors for Drones and Robots are facing high demands in the global market.
End User- Segment Analysis
Sensors for drones and robots markets are facing huge dominance by the military and defense sector. Defense sector has been continuously investing towards UAVs and drones as they help to perform military tasks more efficiently, thus reducing the human assistance. Use of drones by defense sector is indirectly causing high demands towards drone sensors market. Major adoption of remote controlled as well as semi autonomous robots in order to provide better surveillance, cargo carrying as well as counterattacks have surged the dependence of military towards drones as well as robot sensors market.

Geography - Segment Analysis
North America is expected to dominate the Sensors for Drones and Robots market globally during the forecast period from 2020 to 2025 with major share of xy. Major market players such as Velodyne Lidar, ATI Industrial Automation Inc. and Cognex Corporation are acting as major drivers for the growth of Sensors for Drones and Robots market in this region. Technological advancements as well as high investments towards the research and development activities are also fuelling the Sensors for Drones and Robots market. Increasing demand of sensors for collaborative robots as well as for defense sector has been also helping the region with major market shares.

Drivers – Sensors for Drones and Robots Market

  • Increasing demand for drone mapping 
Deployment of imaging sensors in drones helps to provide high accuracy drone mapping, thus meeting customer requirements. These sensors combine dual mapping camera configurations along with Lidar which ultimately helps the drones to generate faster as well as automated colour mapping, thus rising demand for such drone platforms. With surging demands towards drone mapping, growing sensor developments have been contributing towards a major growth in the drone sensors market.

  • Rising demand towards collaborative robots
With rising technological advancements, collaborative robots are causing high dominance in the market replacing the existing industrial robots. Increasing adoption of collaborative robots across various industries is surging the market demands for robot sensors, as the robots require varied sensors to work efficiently. Development of torque sensors has helped the existing market for collaborative robots in improving their use in manufacturing sector. With the help of such sensors, the collaborative robots are able to improve the speed and accuracy of their tasks. With its deployment in robotic arms, collaborative robots have been able to offer better efficiency as compared to old robots. 

Challenges – Sensors for Drones and Robots Market

  • Higher costs
Growing usage of drones have surged the market demand due to its use in various demanding applications. These drones come with complex infrastructure as an integration of a variety of sensors and devices, which makes it highly priced. Higher costs for drones ultimately hamper the growth of drone sensors market as it makes it less affordable for the relying industries. 

Market Landscape
Partnerships and acquisitions along with product launches are the key strategies of the players in the Cloud Data WarehouseMarket. The major key players in the Sensors for Drones and Robots Market include LeddarTech, ams AG, Velodyne Lidar, TE Connectivity Ltd, TDK InvenSense, Bosch Sensortec, ATI Industrial Automation Inc., Sick AG, SBG Systems, QuestUAV Ltd, Cognex Corporation, Sentera Inc. and Lord MicroStrain.

Partnerships/Product Launches/Acquisition
  • In January 2020, TE Connectivity introduced a torque sensor due to rising demand towards collaborative robots in the manufacturing industry. This integrated sensor has been designed with improved functional safety, with claims of providing increased speed and accuracy for the next generation human robot collaborations. The torque sensor is a ring shaped safety sensor which offers low susceptibility to crosstalk along with a customized mechanical interface and digital I2C interface, thus providing customer satisfaction.
  • In November 2019, Omron launched industry’s fastest 3D vision sensors to be used in robot hands. This vision sensor has a compact design and provides three dimensional identification of position as well as orientation of targeted objects. With this launch, the company claimed that the robots deploying on this vision sensors will help in faster as well as accurate assembly of bulk parts, thus automating the conventional process.

1. Sensors for Drones and Robots Market - Market Overview
    1.1 Definitions and Scope
2. Sensors for Drones and Robots Market  - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by type 
    2.3 Key trends segmented by Geography
3. Sensors for Drones and Robots Market
    3.1 Comparative Analysis
        3.1.1 Product/Service Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Sensors for Drones and Robots Market – Startup Companies Scenario (Premium)
    4.1 Top 5 Startup Company Analysis by 
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Share
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Sensors for Drones and Robots Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
    5.4 Customer Analysis – Top 5 Companies
6. Sensors for Drones and Robots Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Sensors for Drones and Robots Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Suppliers and Distributors
8. Sensors for Drones and Robots Market - By Sensor type
    8.1 Sensors for Drones
        8.1.1 Pressure Sensors
        8.1.2 Image Sensors
        8.1.3 Speed and Distance Sensors
        8.1.4 Inertial Sensors
        8.1.5 Ultrasonic Sensors
        8.1.6 Altimeter Sensors
        8.1.7 Others
    8.2 Sensors for Robots
        8.2.1 Temperature Sensors
        8.2.2 Position Sensors
        8.2.3 Proximity Sensors
        8.2.4 Light Sensors
        8.2.5 Pressure Sensors
        8.2.6 Sound Sensors
        8.2.7 Others
9. Sensors for Drones and Robots Market – By Application
    9.1 Sensors for Drones
        9.1.1 Collision avoidance
        9.1.2 Obstacle avoidance
        9.1.3 Air pressure measurement
        9.1.4 Navigation 
        9.1.5 Others
    9.2 Sensors for Robots
        9.2.1 Navigation
        9.2.2 Obstacle avoidance
        9.2.3 Object detection
        9.2.4 Temperature measurement
        9.2.5 Others
10. Sensors for Drones and Robots Market - By End User
    10.1 Military and Defense
    10.2 Energy and Utilities
    10.3 Media and Entertainment
    10.4 Security and Surveillance
    10.5 Precision agriculture
    10.6 Automotive
    10.7 Healthcare
    10.8 Hospitality 
    10.9 Others
11. Sensors for Drones and Robots Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Rest of South America
    11.3 Europe
        11.3.1 U.K.
        11.3.2 Germany
        11.3.3 France
        11.3.4 Italy
        11.3.5 Spain
        11.3.6 Switzerland
        11.3.7 Netherlands
        11.3.8 Rest of Europe
    11.4 Asia-Pacific (APAC)
        11.4.1 China
        11.4.2 Japan
        11.4.3 India
        11.4.4 South Korea
        11.4.5 Australia
        11.4.6 New Zealand
        11.4.7 Rest of APAC
    11.5 Middle East and Africa
        11.5.1 Middle East
        11.5.2 Africa
12. Sensors for Drones and Robots Market - Market Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Sensors for Drones and Robots Market - Industry/Segment Competition Landscape (Premium)
    13.1 Market Share Analysis
        13.1.1 Market Share by Country — Top 5 Companies
        13.1.2 Market Share by Region — Top 10 Companies
        13.1.3 Market Share by Type of Application – Top 10 Companies
        13.1.4 Market Share by Type of Product/Product Category – Top 10 Companies
        13.1.5 Market Share at Global Level — Top 10 Companies
        13.1.6 Best Practices for Companies
14. Sensors for Drones and Robots Market – Key Company List by Country Premium (Premium)
15. Sensors for Drones and Robots Market - Company Analysis
    15.1 LeddarTech
    15.2 ams AG
    15.3 Velodyne Lidar
    15.4 TE Connectivity Ltd
    15.5 TDK InvenSense 
    15.6 Bosch Sensortec
    15.7 ATI Industrial Automation, Inc.
    15.8 Sick AG
    15.9 SBG Systems
    15.10 QuestUAV Ltd
    15.11 Cognex Corporation
    15.12 Sentera, Inc.
    15.13 Lord MicroStrain
16. Sensors for Drones and Robots Market – Appendix
    16.1 Abbreviations
    16.2 Sources
17. Sensors for Drones and Robots Market – Methodology
    17.1 Research Methodology
        17.1.1 Company Expert Interviews
        17.1.2 Industry Databases
        17.1.3 Associations
        17.1.4 Company News
        17.1.5 Company Annual Reports
        17.1.6 Application Trends
        17.1.7 New Products and Product Database
        17.1.8 R&D Trends 
        17.1.9 Company Transcripts
        17.1.10 Key Opinion Leaders Interviews
        17.1.11 Supply and Demand Trends