The Business Research Company’s report on the Multi-Axis Force Torque Sensor Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the multi-axis force torque sensor market in recent years?
The increasing automation in manufacturing processes is expected to propel the growth of the multi-axis force torque sensor market going forward. Automation in manufacturing refers to the use of technology and control systems to operate production processes with minimal human intervention, improving efficiency, quality, and productivity. The increase in automation in manufacturing is due to the need for higher efficiency and productivity, reduced labor costs, and improved product quality and precision. As industries strive to stay competitive, automation allows for faster production cycles, minimizing human error and improving overall efficiency. A multi-axis force torque sensor enhances automation by enabling robots to detect and respond to forces in multiple directions, improving manufacturing processes’ precision, adaptability, and safety. For instance, in September 2023, according to the International Federation of Robotics, a Germany-based professional non-profit organization, there were 553,052 industrial robot installations in factories worldwide in 2023, reflecting a 5% year-on-year growth in 2022. Therefore, the increasing automation in manufacturing processes is driving the growth of the multi-axis force torque sensor market.
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What is the projected market size of the multi-axis force torque sensor industry, and how is it expected to grow?
The multi-axis force torque sensor market size has grown strongly in recent years. It will grow from $1.00 billion in 2024 to $1.08 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing adoption in robotics, rising demand for automation, advancements in sensor technology, growing use in aerospace applications, and expansion of industrial automation.
The multi-axis force torque sensor market size is expected to see strong growth in the next few years. It will grow to $1.49 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to rising demand for precision force measurement, increasing adoption in medical robotics, advancements in AI-driven sensors, growth in smart manufacturing, and expanding applications in autonomous systems. Major trends in the forecast period include integration with AI and machine learning, development of wireless force-torque sensors, increasing use in collaborative robotics, miniaturization of sensor technology, and growing demand in biomechanics and prosthetics.
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Who are the key players driving competition in the multi-axis force torque sensor market?
Major companies operating in the multi-axis force torque sensor market are Minebeamitsumi Inc., Interface Inc., Hottinger Baldwin Messtechnik Gmbh, Universal Robots A/S, Pcb Piezotronics Inc., Kistler Instrumente Ag, ATI Industrial Automation Inc., OnRobot A/S, Futek Advanced Sensor Technology Inc., Amtab SE, Gtm Testing And Metrology Gmbh, Applied Measurements Ltd, A-Tech Instruments Ltd., Althen GmbH, Bcm Sensor Technologies Bv, Sens2b-Sensors, Metromatics Pty Ltd, Bota Systems AG, Adi Artech Transducers Pvt. Ltd., Nordbo Robotics A/S, Crane Electronics Ltd, Hypersen Technologies Co. Ltd
What key trends are expected to drive the mud mixers market during the forecast period?
Major companies operating in the multi-axis force torque sensor market are focusing on developing innovative solutions, such as high-sensitivity multi-axis force-torque sensors, to enhance accuracy and performance in various applications. A high-sensitivity multi-axis force-torque sensor is a precision device that accurately measures forces and torques along multiple axes with minimal noise, enabling precise control in robotics, aerospace, and industrial applications. For instance, in March 2024, Bota Systems AG, a Switzerland-based provider of multi-axis force-torque sensors, introduced the SenseONE T5, a high-sensitivity version of its SensONE multi-axis force-torque sensor. This new sensor boasts a sensitivity of 0.05 N / 0.002 Nm, three to five times higher than its predecessor, making it ideal for applications requiring precise force control. Designed for collaborative robots with small payloads of up to 5 kg, the SenseONE T5 is compact, lightweight, and offers a high sampling rate of up to 2000 Hz. The SenseONE T5 is suitable for delicate tasks such as precision assembly and quality testing, marking a significant advancement in robotic sensing technology.
Which key geographies are driving the growth of the multi-axis force torque sensor market?
North America was the largest region in the multi-axis force torque sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-axis force torque sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the multi-axis force torque sensor market?
The multi-axis force torque sensor market covered in this report is segmented –
1) By Type: 2-Axis, 3-Axis, 6-Axis, Other Types
2) By Technology: Strain Gauge-Based Sensors, Piezoelectric Sensors, Capacitive Sensors, Optical Sensors, Other Technologies
3) By Application: Aerospace And Defense, Automotive, Consumer Electronics, Medical Devices, Robotics
4) By End-User: Original Equipment Manufacturers (OEMs), Research Institutions, Industrial Users, Service Providers, Government And Defense Sectors
Subsegments:
1) By 2-Axis Force Torque Sensors: Standard 2-Axis Sensors, Rotary 2-Axis Sensors, Customizable 2-Axis Sensors
2) By 3-Axis Force Torque Sensors: Standard 3-Axis Sensors, Rotary 3-Axis Sensors, High-Precision 3-Axis Sensors, Miniature 3-Axis Sensors
3) By 6-Axis Force Torque Sensors: Standard 6-Axis Sensors, High-Capacity 6-Axis Sensors, High-Precision 6-Axis Sensors, Embedded 6-Axis Sensors
4) By Other Types: Custom Multi-Axis Sensors, Wireless Multi-Axis Sensors, Capacitive Multi-Axis Sensors, Piezoelectric Multi-Axis Sensors
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How is the multi-axis force torque sensor market defined?
A multi-axis force-torque sensor is a device that measures forces and torques along multiple axes simultaneously. It is commonly used in robotics, aerospace, and industrial applications to provide precise, real-time feedback on load dynamics. These sensors help control movements and ensure stability by detecting forces in various directions, typically along the X, Y, and Z axes and corresponding moments.
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