Market Overview:
Edge sensors are used to detect the presence of an object at the edge of a surface. They are used in a wide range of applications, including automotive, food and packaging, industrial and others. The global edge sensor market is expected to grow at a CAGR of 7.5% from 2018 to 2030. Some of the key factors driving the growth of this market include the increasing demand for automation in industries and rising adoption of robotics in manufacturing processes. The global edge sensor market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into laser edge sensors and ultrasonic edge sensors. Laser edge sensors are more popular than ultrasonic ones as they offer better accuracy and precision. On the basis on application, it can be classified into assembly & robotics, automotive, food & packaging, industrial automation and others (including medical devices).
Product Definition:
Edge sensor is a device used to detect the presence of an object at the edge of a surface. It is usually used in robotics to help machines avoid obstacles.
Laser Edge Sensors:
Edge sensors are used to detect the presence and position of an object or a line along with its distance from the sensor. They are widely used in industrial applications such as robotics, machine vision systems, inspection equipment, etc. Edge sensors have various advantages over other sensing technologies such as multi-range sensing capability and high sensitivity owing to which their demand is increasing significantly across various application areas.
Ultrasonic Edge Sensors:
Ultrasonic edge sensors are used in various applications such as smart clothing, smart textiles, and healthcare. They work on the principle of vibrations that are transduced into ultrasonic sound waves. These sensors have a wide range of applications owing to their features such as high speed and sensitivity along with low power consumption. Ultrasonic edge sensors can be used for measuring the thickness of materials or liquids without any prior physical contact being made with the material to be measured.
Application Insights:
The assembly and robotics segment dominated the global edge sensor market in terms of revenue in 2017. The automotive application is estimated to witness significant growth over the forecast period owing to increasing demand for advanced vehicles with enhanced safety features. For instance, Tesla¢â‚¬â„¢s Model S has several autonomous driving features such as lane departure warning system, forward collision warning system and driver monitoring systems with adaptive cruise control that uses radar and camera sensors for sensing the environment around it. Such advanced systems require high-precision sensors that can detect even the smallest obstacles along the path ahead, which is expected to drive product demand over next seven years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand for high-quality sensors from various end-use industries, such as industrial, automotive, packaging and others. Moreover, increasing investments by governments in developing countries are anticipated to boost the adoption of edge sensors across several applications. For instance, according to a white paper published by IBEF in 2018 titled “The Rise of Edge Computingâ€; China has been one of the early adopters of edge computing technology with more than 30% market share globally.
North America accounted for a significant revenue share owing to growing product penetration across several verticals including consumer electronics and appliances along with assembly operations at various plants/factories (e.g., automotive). Furthermore, technological advancements coupled with increased government funding for R&D activities are also driving regional growth over the forecast period.
Growth Factors:
- Increasing demand for Edge Sensor in automotive industry for safety and security purposes
- Rising demand from the industrial sector for process automation and quality control
- Growing popularity of Internet of Things (IoT) and connected devices
- Proliferation of smart cities and increasing adoption of smart technologies
- Emergence of new applications areas such as autonomous vehicles, drones, and robotics
Scope Of The Report
Report Attributes
Report Details
Report Title
Edge Sensor Market Research Report
By Type
Laser Edge Sensors, Ultrasonic Edge Sensors
By Application
Assembly and Robotics, Automotive, Food, Packaging, Industrial, Others
By Companies
Baumer, SICK, MIT, Banner, SLAC, Microsonic, FMS, IGM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Edge Sensor Market Report Segments:
The global Edge Sensor market is segmented on the basis of:
Types
Laser Edge Sensors, Ultrasonic Edge Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Assembly and Robotics, Automotive, Food, Packaging, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baumer
- SICK
- MIT
- Banner
- SLAC
- Microsonic
- FMS
- IGM
Highlights of The Edge Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laser Edge Sensors
- Ultrasonic Edge Sensors
- By Application:
- Assembly and Robotics
- Automotive
- Food
- Packaging
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edge Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edge sensor is a type of sensor that detects the presence or absence of an edge in its field of view. This type of sensor is often used in devices such as smartphones and tablets to detect when the device has been placed on an edge or surface.
Some of the key players operating in the edge sensor market are Baumer, SICK, MIT, Banner, SLAC, Microsonic, FMS, IGM.
The edge sensor market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Edge Sensor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Edge Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Edge Sensor Market - Supply Chain
4.5. Global Edge Sensor Market Forecast
4.5.1. Edge Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Edge Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Edge Sensor Market Absolute $ Opportunity
5. Global Edge Sensor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Edge Sensor Market Size and Volume Forecast by Type
5.3.1. Laser Edge Sensors
5.3.2. Ultrasonic Edge Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Edge Sensor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Edge Sensor Market Size and Volume Forecast by Application
6.3.1. Assembly and Robotics
6.3.2. Automotive
6.3.3. Food
6.3.4. Packaging
6.3.5. Industrial
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Edge Sensor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Edge Sensor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Edge Sensor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Edge Sensor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Edge Sensor Demand Share Forecast, 2019-2029
9. North America Edge Sensor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Edge Sensor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Edge Sensor Market Size and Volume Forecast by Application
9.4.1. Assembly and Robotics
9.4.2. Automotive
9.4.3. Food
9.4.4. Packaging
9.4.5. Industrial
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Edge Sensor Market Size and Volume Forecast by Type
9.7.1. Laser Edge Sensors
9.7.2. Ultrasonic Edge Sensors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Edge Sensor Demand Share Forecast, 2019-2029
10. Latin America Edge Sensor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Edge Sensor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Edge Sensor Market Size and Volume Forecast by Application
10.4.1. Assembly and Robotics
10.4.2. Automotive
10.4.3. Food
10.4.4. Packaging
10.4.5. Industrial
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Edge Sensor Market Size and Volume Forecast by Type
10.7.1. Laser Edge Sensors
10.7.2. Ultrasonic Edge Sensors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Edge Sensor Demand Share Forecast, 2019-2029
11. Europe Edge Sensor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Edge Sensor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Edge Sensor Market Size and Volume Forecast by Application
11.4.1. Assembly and Robotics
11.4.2. Automotive
11.4.3. Food
11.4.4. Packaging
11.4.5. Industrial
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Edge Sensor Market Size and Volume Forecast by Type
11.7.1. Laser Edge Sensors
11.7.2. Ultrasonic Edge Sensors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o- Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Edge Sensor Demand Share, 2019-2029
12. Asia Pacific Edge Sensor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Edge Sensor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Edge Sensor Market Size and Volume Forecast by Application
12.4.1. Assembly and Robotics
12.4.2. Automotive
12.4.3. Food
12.4.4. Packaging
12.4.5. Industrial
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Edge Sensor Market Size and Volume Forecast by Type
12.7.1. Laser Edge Sensors
12.7.2. Ultrasonic Edge Sensors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Edge Sensor Demand Share, 2019-2029
13. Middle East & Africa Edge Sensor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Edge Sensor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Edge Sensor Market Size and Volume Forecast by Application
13.4.1. Assembly and Robotics
13.4.2. Automotive
13.4.3. Food
13.4.4. Packaging
13.4.5. Industrial
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Edge Sensor Market Size and Volume Forecast by Type
13.7.1. Laser Edge Sensors
13.7.2. Ultrasonic Edge Sensors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Edge Sensor Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Edge Sensor Market: Market Share Analysis
14.2. Edge Sensor Distributors and Customers
14.3. Edge Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baumer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SICK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MIT
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Banner
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SLAC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Microsonic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FMS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IGM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
