China Tactile Sensor Market is Expected to Reach USD 1387.6 Million by 2030

22-Jul-2024

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The widespread deployment of industrial robots drives the China tactile sensor market demand during the forecast period.

The China Tactile Sensor Market size was valued at USD 619.2 million in 2023 and is predicted to reach USD 1387.6 million by 2030, with a CAGR of 11.3% from 2024 to 2030. In terms of volume the market size was 311 million units in 2023 and is projected to reach 868 million units in 2030, with a CAGR of 14.8% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

China, the global leader in manufacturing and automation, is extensively deploying industrial robots, necessitating the adoption of tactile sensors for seamless operation and optimization of robotic systems. A 2023 report by the International Federation of Robotics highlights China's substantial investment in industrial robotics, propelling it to the 5th rank in global robot density, surpassing the United States in 2022. The number of operational industrial robots in China reached 322 units per 10,000 employees in the manufacturing industry. 

This increasing reliance on automation to enhance productivity and competitiveness significantly drives the demand for tactile sensor industry, which are crucial for enabling precise interactions and real-time feedback in robotic systems, positioning them as essential components in China's rapidly evolving industrial landscape.

However, regular calibration and maintenance are essential for maintaining the reliability and accuracy of tactile sensors, increasing overall costs for businesses. Additionally, their sensitivity to environmental factors such as temperature and humidity poses challenges in maintaining consistent responsiveness and precision, particularly in harsh conditions.

These issues complicate sensor operation and deter potential users seeking low-maintenance solutions or consistent performance in various environments. Addressing these limitations is crucial for wider adoption and sustained market growth.

On the contrary, quantum sensing methods incorporated into sensor technology leverage the unique traits of quantum mechanics, such as superposition and entanglement, for highly precise measurements. This integration enables sensors to detect even the smallest changes in pressure, force, or other physical attributes with unmatched accuracy. This heightened sensitivity opens opportunities across various fields. In scientific exploration, it allows researchers to study phenomena at incredibly small scales.

In precision engineering, it improves the accuracy and efficiency of manufacturing processes and quality control. In quantum computing, it aids in the advancement and operation of complex computational systems. As these applications expand, the integration of quantum sensing methods into sensors is expected to drive the China tactile sensor market growth in the coming years.

Request for a sample here: https://www.nextmsc.com/china-tactile-sensor-market/request-sample

Several key players operating in China tactile sensor industry include Broadcom, Shenzhen Goodix Technology Co., Ltd., Synaptics Incorporated, ALPS Electric (Cirque Corporation), STMicroelectronics N.V., FocalTech Systems Co., Ltd., Elan Microelectronics, Pressure Profile Systems, AIS Global group (Touch International Inc.), Tekscan Inc., ForceN, Contactile, Sensobright, X-Sensors, Barrett Technology and others.

Key Insights from the China Tactile Sensor Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the China tactile sensor market is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the China tactile sensor market is provided in the report along with their competitive analysis.

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