Sensor market analysis for drones and robots
Release time:
2016-11-03
Core Tip: The sensor market for drones and robots is growing strongly, reaching $351 million in 2015, and is expected to reach $709 million in 2021, with a compound annual growth rate of 12.4% from 2015 to 2021. The advent of the robotics revolution will cover a wide range of markets. Due to various application areas, the compound annual growth rate of the UAV and robotics market is 9.4% from 2015 to 2021. It is expected to reach US$46 billion by 2021. Currently, we have witnessed the emerging dynamics of the drone and robotics markets, as well as key sensor technologies such as MEMS and graphics.
The sensor market for drones and robots has grown strongly, reaching $351 million in 2015 and is expected to reach $709 million in 2021, with a compound annual growth rate of 12.4% from 2015 to 2021.
The advent of the robotics revolution will cover a wide range of markets
Due to the promotion of various application fields, the compound annual growth rate of the UAV and robot market in 2015-2021 is 9.4%, and it is expected to reach US$46 billion in 2021.
Today, we are witnessing the emerging dynamics of the drone and robotics markets, as well as the demand for key sensor technologies such as MEMS and image sensors. Mature markets (such as mobile phones and automobiles) that are currently being developed are being brought into the emerging field of drones and robots by innovators. As new applications emerge, the need for sensor technology has increased, creating a virtuous circle.
Revenue of different markets for drones and robots from 2015 to 2021.
The two largest markets for drones and robots are defense and industry, both of which are attributed to US and Chinese government policies. In recent years, large-scale robotic investments have been made on the East Pacific side, and the Western Pacific has also invested in similar scales in robot manufacturing. On a global scale, the United States has enhanced its industrial production capabilities through robotics, and China has improved its military capabilities through the latest robotics.
After in-depth research, we have identified at least ten new applications for drones and robots that will generate more than $1 billion in revenue each year. As many new applications cover a wide range of markets, including consumer drones, autonomous vehicles, service robots, exoskeletons, remote monitoring, etc., the drone and robotics market will gradually move out of the military and industrial fields. These new applications contribute more than 40% to the compound annual growth rate over the next five years.
For each market, a variety of robots and their applications are receiving attention and discussion from many emerging companies. The coexistence of multiple competing technologies – this is the inherent complexity of the early market. This report describes this complex ecosystem, some of which will cause the robot's "Cambrian Explosion".
UAV and robot segment
Sensors are a key element of the emerging robotics revolution
The robot is a closed-loop device consisting of an actuator, a drive, a sensing device and a control system, and a complex machine. The outstanding demand faced by the current industrial revolution (Industry 4.0) - sensing devices (sensors), the industry hopes to introduce various sensors into industrial production, using its unique data acquisition and other advantages to create a highly intelligent production model. This brings unlimited development opportunities to the sensor industry. Mobile phones and automobiles have mature application experience in acoustics, optics and position sensors, and new sensors such as tactile, microwave and environmental sensors will be gradually applied to drones and robots.
The sensor plays a very important role in the control of the robot. It is because of the sensor that the robot has the human-like perception and reaction capabilities. In order to detect the working objects and the environment or the relationship between the robot and the robot, visual sensors, force sensors, proximity sensors, ultrasonic sensors and auditory sensors are installed on the robot, which greatly improves the working condition of the robot and enables it to be fully completed. Complex work. With the further improvement of sensor technology, the function of the robot is becoming more and more powerful, and it will make greater contributions to human beings in many fields.
Optical sensors, especially visible light cameras, lidars and 3D cameras, are the main beneficiaries of the drone and robot market outbreak. Acoustics and position sensors will also enjoy the dividends of the drone and robotics markets – a two-digit annual growth rate. Currently, the sensor market for drones and robots is $351 million, and is expected to reach $709 million by 2021, with a compound annual growth rate of 12.4%.
Sensor market revenue forecast for UAVs and robots from 2010 to 2021.
The most eye-opening insight in our research is that sensor market revenues come from a wide variety of applications, including consumer, commercial, transportation, medical, security, industrial and defense. From a marketing perspective, this is especially beneficial for small companies that focus on a few special niche markets. The drone and robot market is the perfect target for emerging sensing technologies.
Key technologies are being developed, such as 3D cameras, lidars and ultra-precision gyroscopes
Emerging vendors such as Parrot, iRobot and DJI Innovation have been able to extract significant value from their technology and market. These companies are role models for drones and robotics companies because they have the ability to create new products and discover value from new sensing subsystems such as iRobot's Vision SLAM, Parrot's electronically stable camera, and Dali's innovative gyroscopes. To the bracket. Mastering sensing technology is critical for drones and robotics companies.
Sensor development roadmap for drones and robots
On the other hand, sensors currently under development are experiencing a difficult period, and the company is working hard to find key market applications to sustain research and development. Sensor companies often rely on other markets or want the other to develop, such as the Internet of Things. Therefore, there is a certain mismatch between system manufacturers and sensor company behavior. In the worst case, sensor companies may miss out on opportunities across the ecosystem. This report aims to provide emerging sensor market demand in the field of drones and robotics, as well as potential business opportunities.
On the one hand, there are many very suitable technologies on the market. Ultrasonic sensors, proximity sensors, inertial measurement units, magnetic and optical encoders, of course, small camera modules can also be integrated into drones and robots. On the other hand, new sensors are preparing to change our world. 3D sensing (3D cameras, sonar, radar and lidar) and other sensing technologies such as multispectral, infrared imaging and gas sensing will be essential elements of the robot revolution. Finally, software algorithms cannot be ignored, sensor fusion algorithms
The sensor market for drones and robots has grown strongly, reaching $351 million in 2015 and is expected to reach $709 million in 2021, with a compound annual growth rate of 12.4% from 2015 to 2021.
The advent of the robotics revolution will cover a wide range of markets
Due to the promotion of various application fields, the compound annual growth rate of the UAV and robot market in 2015-2021 is 9.4%, and it is expected to reach US$46 billion in 2021.
Today, we are witnessing the emerging dynamics of the drone and robotics markets, as well as the demand for key sensor technologies such as MEMS and image sensors. Mature markets (such as mobile phones and automobiles) that are currently being developed are being brought into the emerging field of drones and robots by innovators. As new applications emerge, the need for sensor technology has increased, creating a virtuous circle.
Revenue of different markets for drones and robots from 2015 to 2021.
The two largest markets for drones and robots are defense and industry, both of which are attributed to US and Chinese government policies. In recent years, large-scale robotic investments have been made on the East Pacific side, and the Western Pacific has also invested in similar scales in robot manufacturing. On a global scale, the United States has enhanced its industrial production capabilities through robotics, and China has improved its military capabilities through the latest robotics.
After in-depth research, we have identified at least ten new applications for drones and robots that will generate more than $1 billion in revenue each year. As many new applications cover a wide range of markets, including consumer drones, autonomous vehicles, service robots, exoskeletons, remote monitoring, etc., the drone and robotics market will gradually move out of the military and industrial fields. These new applications contribute more than 40% to the compound annual growth rate over the next five years.
For each market, a variety of robots and their applications are receiving attention and discussion from many emerging companies. The coexistence of multiple competing technologies – this is the inherent complexity of the early market. This report describes this complex ecosystem, some of which will cause the robot's "Cambrian Explosion".
UAV and robot segment
Sensors are a key element of the emerging robotics revolution
The robot is a closed-loop device consisting of an actuator, a drive, a sensing device and a control system, and a complex machine. The outstanding demand faced by the current industrial revolution (Industry 4.0) - sensing devices (sensors), the industry hopes to introduce various sensors into industrial production, using its unique data acquisition and other advantages to create a highly intelligent production model. This brings unlimited development opportunities to the sensor industry. Mobile phones and automobiles have mature application experience in acoustics, optics and position sensors, and new sensors such as tactile, microwave and environmental sensors will be gradually applied to drones and robots.
The sensor plays a very important role in the control of the robot. It is because of the sensor that the robot has the human-like perception and reaction capabilities. In order to detect the working objects and the environment or the relationship between the robot and the robot, visual sensors, force sensors, proximity sensors, ultrasonic sensors and auditory sensors are installed on the robot, which greatly improves the working condition of the robot and enables it to be fully completed. Complex work. With the further improvement of sensor technology, the function of the robot is becoming more and more powerful, and it will make greater contributions to human beings in many fields.
Optical sensors, especially visible light cameras, lidars and 3D cameras, are the main beneficiaries of the drone and robot market outbreak. Acoustics and position sensors will also enjoy the dividends of the drone and robotics markets – a two-digit annual growth rate. Currently, the sensor market for drones and robots is $351 million, and is expected to reach $709 million by 2021, with a compound annual growth rate of 12.4%.
Sensor market revenue forecast for UAVs and robots from 2010 to 2021.
The most eye-opening insight in our research is that sensor market revenues come from a wide variety of applications, including consumer, commercial, transportation, medical, security, industrial and defense. From a marketing perspective, this is especially beneficial for small companies that focus on a few special niche markets. The drone and robot market is the perfect target for emerging sensing technologies.
Key technologies are being developed, such as 3D cameras, lidars and ultra-precision gyroscopes
Emerging vendors such as Parrot, iRobot and DJI Innovation have been able to extract significant value from their technology and market. These companies are role models for drones and robotics companies because they have the ability to create new products and discover value from new sensing subsystems such as iRobot's Vision SLAM, Parrot's electronically stable camera, and Dali's innovative gyroscopes. To the bracket. Mastering sensing technology is critical for drones and robotics companies.
Sensor development roadmap for drones and robots
On the other hand, sensors currently under development are experiencing a difficult period, and the company is working hard to find key market applications to sustain research and development. Sensor companies often rely on other markets or want the other to develop, such as the Internet of Things. Therefore, there is a certain mismatch between system manufacturers and sensor company behavior. In the worst case, sensor companies may miss out on opportunities across the ecosystem. This report aims to provide emerging sensor market demand in the field of drones and robotics, as well as potential business opportunities.
On the one hand, there are many very suitable technologies on the market. Ultrasonic sensors, proximity sensors, inertial measurement units, magnetic and optical encoders, of course, small camera modules can also be integrated into drones and robots. On the other hand, new sensors are preparing to change our world. 3D sensing (3D cameras, sonar, radar and lidar) and other sensing technologies such as multispectral, infrared imaging and gas sensing will be essential elements of the robot revolution. Finally, software algorithms cannot be ignored, sensor fusion algorithms
(From inertial sensors, image sensors to 3D imaging and rangefinders) are intangible factors that ensure the normal operation of the robot.
