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Laser Sensor Market Size, Share & Trend Analysis Report By Component (Solution, Services), By Type, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5998763
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Laser Sensor Market Size & Trends

The global laser sensor market size was estimated at USD 828.3 million in 2023 and is estimated to grow at a CAGR of 12.7% from 2024 to 2030. The increasing adoption of automation and Industry 4.0 principles across manufacturing sectors is a primary driver, as laser sensors play a crucial role in precision measurement and quality control. In addition, the rising demand for non-contact sensing technologies in various applications, from automotive to healthcare, is fueling market expansion. The need for high-accuracy distance measurement and object detection in robotics and autonomous systems is also contributing to the market growth. Furthermore, stringent safety regulations in industrial environments are boosting the adoption of laser sensors for personnel safety and machine guarding applications.

Current trends in the laser sensor market include the miniaturization of sensors, allowing for integration into smaller and more compact devices. There's also a growing focus on developing multi-functional laser sensors that can perform multiple sensing tasks simultaneously, reducing the need for multiple sensors and lowering overall system costs. The integration of artificial intelligence and machine learning capabilities into laser sensor systems is another significant trend, enabling more intelligent data analysis and predictive maintenance. In addition, advancements in laser technology are leading to the development of sensors with improved range, accuracy, and resilience to challenging environmental conditions.

The market is also seeing a shift towards the development of laser sensors for emerging applications. This includes their increasing use in smart cities for traffic management and infrastructure monitoring, in agriculture for precision farming techniques, and in the rapidly growing field of 3D sensing for augmented reality and facial recognition technologies. Moreover, there's a rising demand for laser sensors in the automotive sector, particularly for advanced driver assistance systems (ADAS) and autonomous vehicles. As these trends continue to evolve, the laser sensor market is expected to witness further innovation and expansion into new application areas.

Global Laser Sensor Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global laser sensor market report based on component, type, application, end-use, and region.
  • Component Outlook (Revenue, USD Million, 2018 - 2030)
  • Hardware
  • Software
  • Services
  • Type Outlook (Revenue, USD Million, 2018 - 2030)
  • Laser Displacement Sensors
  • Laser Photoelectric Sensors
  • Laser Scanners
  • Others
  • Application Outlook (Revenue, USD Million, 2018 - 2030)
  • Security & Surveillance
  • Motion & Guidance
  • Process Monitoring & Quality Control
  • Distance Measurement
  • Manufacturing Plant Management
  • Others
  • End-use Outlook (Revenue, USD Million, 2018 - 2030)
  • Automotive
  • Aerospace & Defense
  • Food & Beverages
  • Consumer Electronics
  • Chemical
  • Healthcare
  • Others
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Middle East and Africa (MEA)
  • Kingdom of Saudi Arabia
  • UAE
  • South Africa

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. Country Based Segment Share Calculation
1.8. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Laser sensor Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Laser sensor Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and Social landscape
3.3.2.3. Technological landscape
3.3.2.4. Environmental Landscape
3.3.2.5. Legal Landscape
Chapter 4. Laser sensor Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Laser sensor Market: Component Movement Analysis, USD Million, 2023 & 2030
4.3. Hardware
4.3.1. Hardware in Laser sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Software
4.4.1. Software in Laser sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Services
4.5.1. Services in Laser sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Laser sensor Market: Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Laser sensor Market: Type Movement Analysis, USD Million, 2023 & 2030
5.3. Laser Displacement Sensors
5.3.1. Laser Displacement Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Laser Photoelectric Sensors
5.4.1. Laser Photoelectric Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Laser Scanners
5.5.1. Laser Scanners Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Others
5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Laser sensor Market: Application Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Laser sensor Market: Application Movement Analysis, USD Million, 2023 & 2030
6.3. Security & Surveillance
6.3.1. Security & Surveillance Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Motion & Guidance
6.4.1. Motion & Guidance market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Process Monitoring & Quality Control
6.5.1. Process Monitoring & Quality Control market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Distance Measurement
6.6.1. Distance Measurement System market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Manufacturing Plant Management
6.7.1. Manufacturing Plant Management market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Others
6.8.1. Other Applications market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Laser sensor Market: End Use Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Laser sensor Market: End Use Movement Analysis, USD Million, 2023 & 2030
7.3. Automotive
7.3.1. Automotive Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Aerospace & Defense
7.4.1. Aerospace & Defense market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Food & Beverages
7.5.1. Food & Beverages market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Consumer Electronics
7.6.1. Consumer Electronics System Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.7. Chemical
7.7.1. Chemical Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.8. Healthcare
7.8.1. Healthcare Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.9. Others
7.9.1. Other Applications market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Laser sensor Market: Regional Estimates & Trend Analysis
8.1. Laser sensor Market Share, By Region, 2023 & 2030, USD Million
8.2. North America
8.2.1. North America Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.2.2. U.S.
8.2.2.1. U.S. Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.2.3. Canada
8.2.3.1. Canada Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.2.4. Mexico
8.2.4.1. Mexico Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.3. Europe
8.3.1. Europe Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.3.2. UK
8.3.2.1. UK Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.3.3. Germany
8.3.3.1. Germany Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.3.4. France
8.3.4.1. France Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.4. Asia Pacific
8.4.1. Asia Pacific Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.4.2. China
8.4.2.1. China Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.4.3. Japan
8.4.3.1. Japan Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.4.4. India
8.4.4.1. India Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.4.5. South Korea
8.4.5.1. South Korea Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.4.6. Australia
8.4.6.1. Australia Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.5. Latin America
8.5.1. Latin America Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.5.2. Brazil
8.5.2.1. Brazil Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.6. Middle East and Africa
8.6.1. Middle East and Africa Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.6.2. South Africa
8.6.2.1. South Africa Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.6.3. Saudi Arabia
8.6.3.1. Saudi Arabia Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
8.6.4. UAE
8.6.4.1. UAE Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
Chapter 9. Competitive Landscape
9.1. Company Categorization
9.2. Company Market Positioning
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Heat Map Analysis
9.7. Strategy Mapping
9.8. Company Profiles/Listing
9.8.1. Keyence Corporation
9.8.1.1. Company Overview
9.8.1.2. Product Offerings
9.8.1.3. Financial Performance
9.8.1.4. Strategic Developments
9.8.2. Banner Engineering
9.8.2.1. Company Overview
9.8.2.2. Product Offerings
9.8.2.3. Financial Performance
9.8.2.4. Strategic Developments
9.8.3. SICK AG
9.8.3.1. Company Overview
9.8.3.2. Product Offerings
9.8.3.3. Financial Performance
9.8.3.4. Strategic Developments
9.8.4. Rockwell Automation
9.8.4.1. Company Overview
9.8.4.2. Product Offerings
9.8.4.3. Financial Performance
9.8.4.4. Strategic Developments
9.8.5. OMRON Corporation
9.8.5.1. Company Overview
9.8.5.2. Product Offerings
9.8.5.3. Financial Performance
9.8.5.4. Strategic Developments
9.8.6. Baumer Group
9.8.6.1. Company Overview
9.8.6.2. Product Offerings
9.8.6.3. Financial Performance
9.8.6.4. Strategic Developments
9.8.7. Panasonic Corporation
9.8.7.1. Company Overview
9.8.7.2. Product Offerings
9.8.7.3. Financial Performance
9.8.7.4. Strategic Developments
9.8.8. Leuze electronic GmbH
9.8.8.1. Company Overview
9.8.8.2. Product Offerings
9.8.8.3. Financial Performance
9.8.8.4. Strategic Developments
9.8.9. Schneider Electric
9.8.9.1. Company Overview
9.8.9.2. Product Offerings
9.8.9.3. Financial Performance
9.8.9.4. Strategic Developments
9.8.10. Schmitt Industries Inc
9.8.10.1. Company Overview
9.8.10.2. Product Offerings
9.8.10.3. Financial Performance
9.8.10.4. Strategic Developments
9.8.11. SmartRay GmbH.
9.8.11.1. Company Overview
9.8.11.2. Product Offerings
9.8.11.3. Financial Performance
9.8.11.4. Strategic Developments
List of Tables
Table 1 Global Laser sensor Market by Component, 2018 - 2030 (USD Million)
Table 2 Global Laser sensor Market by Type, 2018 - 2030 (USD Million)
Table 3 Global Laser sensor Market by Application, 2018 - 2030 (USD Million)
Table 4 Global Laser sensor Market by End Use, 2018 - 2030 (USD Million)
Table 5 North America Laser sensor Market by country, 2018 - 2030 (USD Million)
Table 6 Europe Laser sensor Market by country, 2018 - 2030 (USD Million)
Table 7 Asia Pacific Laser sensor Market by country, 2018 - 2030 (USD Million)
Table 8 Latin America Laser sensor Market by country, 2018 - 2030 (USD Million)
Table 9 MEA Laser sensor Market by country, 2018 - 2030 (USD Million)
Table 10 Key companies launching new products/services.
Table 11 Key companies engaged in mergers & acquisition.
Table 12 Key companies engaged in Research & development.
Table 13 Key Companies engaged in expansion.
List of Figures
Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Market research approaches
Fig. 4 Market formulation & validation
Fig. 5 Laser sensor Market snapshot
Fig. 6 Laser sensor Market segment snapshot
Fig. 7 Laser sensor Market competitive landscape snapshot
Fig. 8 Market research process
Fig. 9 Market driver relevance analysis (Current & future impact)
Fig. 10 Market restraint relevance analysis (Current & future impact)
Fig. 11 Laser sensor Market, Component outlook key takeaways (USD Million)
Fig. 12 Laser sensor Market: Component movement analysis (USD Million), 2023 & 2030
Fig. 13 Hardware Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 14 Software Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 15 Services Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 16 Laser sensor Market, Type outlook key takeaways (USD Million)
Fig. 17 Laser sensor Market: Type movement analysis (USD Million), 2023 & 2030
Fig. 18 Laser Displacement Sensors Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 19 Laser Photoelectric Sensors Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Laser Scanners Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Others Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 22 Laser sensor Market: Application outlook key takeaways (USD Million)
Fig. 23 Laser sensor Market: Application movement analysis (USD Million), 2023 & 2030
Fig. 24 Security & Surveillance Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Motion & Guidance Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 26 Process Monitoring & Quality Control Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 27 Distance Measurement Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Manufacturing Plant Management Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Others Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Laser sensor Market: End Use outlook key takeaways (USD Million)
Fig. 31 Laser sensor Market: End Use movement analysis (USD Million), 2023 & 2030
Fig. 32 Automotive Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 Aerospace & Defense Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 Food & Beverages Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Consumer Electronics Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Chemical Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Healthcare Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 Others Laser sensor Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 Regional marketplace: Key takeaways
Fig. 40 Laser sensor Market: Regional outlook, 2023 & 2030, USD Million
Fig. 41 North America Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 U.S. Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 Canada Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Mexico Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 Europe Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 UK Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Germany Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 France Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Asia Pacific Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Japan Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 China Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 India Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 South Korea Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Australia Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 Latin America Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 56 Brazil Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 57 MEA Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 58 South Africa Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 59 Saudi Arabia Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 60 UAE Laser sensor Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 61 Company Categorization
Fig. 62 Company Market Positioning
Fig. 63 Strategy framework

Companies Mentioned

  • Keyence Corporation
  • Banner Engineering
  • SICK AG
  • Rockwell Automation
  • OMRON Corporation
  • Baumer Group
  • Panasonic Corporation
  • Leuze electronic GmbH
  • Schneider Electric
  • Schmitt Industries Inc
  • SmartRay GmbH

Methodology

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About the Market

The Laser Sensor market is a subset of the larger Sensors market. Laser Sensors are used to measure distance, speed, and other physical properties. They are used in a variety of industries, including automotive, industrial, and medical. Laser Sensors are often used in applications that require precise measurements, such as robotics, navigation, and machine vision. They are also used in safety and security applications, such as motion detection and intruder detection. Laser Sensors are typically more expensive than other types of sensors, but they offer higher accuracy and reliability. They are also more resistant to environmental factors, such as dust and moisture. Some of the companies in the Laser Sensor market include SICK AG, Keyence Corporation, Panasonic Corporation, and OMRON Corporation. Show Less Read more

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