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The photoelectric sensors market is forecasted to grow by USD 819.45 mn during 2023-2028, accelerating at a CAGR of 7.64% during the forecast period. The report on the photoelectric sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of industry 4.0 practices and automation, growing focus on building smart cities and infrastructure projects, and rise in demand for photoelectric sensors owing to surging emphasis on energy efficiency and environmental sustainability.
The photoelectric sensors market is segmented as below:
By Type
- Laser photoelectric sensor
- Fiber photoelectric sensor
By End-user
- Automotive
- Consumer electronics
- Building automation
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the photoelectric sensors market covers the following areas:
- Photoelectric sensors market sizing
- Photoelectric sensors market forecast
- Photoelectric sensors market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global photoelectric sensors market: Autonics Corp., Balluff GmbH, Banner Engineering Corp., Baumer Holding AG, Broadcom Inc., Delta Electronics Inc., Eaton Corp. Plc, Hans Turck GmbH and Co. KG, ifm electronic gmbh, Keyence Corp., Leuze electronic Pvt. Ltd., OMRON Corp., Panasonic Holdings Corp., Pepperl and Fuchs SE, Rockwell Automation Inc., Schneider Electric SE, SICK AG, TMSS France, TRI TRONICS, and wenglor sensoric electronic devices GmbH.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is integration of light detection and ranging (LiDAR) technology within photoelectric sensors.'
According to the report, one of the major drivers for this market is the increasing adoption of Industry 4.0 practices and automation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Autonics Corp.
- Balluff GmbH
- Banner Engineering Corp.
- Baumer Holding AG
- Broadcom Inc.
- Delta Electronics Inc.
- Eaton Corp. Plc
- Hans Turck GmbH and Co. KG
- ifm electronic gmbh
- Keyence Corp.
- Leuze electronic Pvt. Ltd.
- OMRON Corp.
- Panasonic Holdings Corp.
- Pepperl and Fuchs SE
- Rockwell Automation Inc.
- Schneider Electric SE
- SICK AG
- TMSS France
- TRI TRONICS
- wenglor sensoric electronic devices GmbH