Market Overview:
The global laser distance measurement sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for laser distance measurement sensors in various applications such as automotive industry, aerospace & military industry, industrial manufacturing, electronics and photovoltaic industry, and others. In addition, the growing demand for miniaturized and high-precision sensors is also contributing to the growth of this market. However, factors such as high cost of these sensors and lack of awareness about their benefits are restraining the growth of this market. Moreover, stringent government regulations related to safety are also hampering the growth of this market in some regions. The global laser distance measurement sensors market can be segmented on the basis of type into ≤ 2µm, 3~10µm, 11~50µm 51~100µm 101~500µm , and others .
Product Definition:
Laser distance measurement sensors are used to measure the distance between two points. They work by projecting a laser beam between the points and then measuring the time it takes for the beam to return. This information is used to calculate the distance between the points. Laser distance measurement sensors are important because they can provide accurate measurements in difficult or dangerous environments where other methods of measurement would be difficult or impossible.
≤ 2µm:
It is the wavelength of infrared light. It ranges from 0.78 to 0.95 mm for air, and 1.3 to 1.8 mm for water vapor, with a typical value of about 1mm for dry air (ambient conditions). The shorter the wavelength, the greater is its sensitivity towards molecular vibrations; thus it can measure very small distances accurately even in complete darkness or at extremely high temperatures (up to 400o C).
3~10µm:
3-10um is the range of laser wavelengths. It's used in laser distance measurement sensors market because it has a high transmittance rate and can be used as a reference for other materials to measure the distance between them. The 3-10um range of wavelength is also called as VLF or very low frequency, which can be seen in infrared light.
The most commonly used 3-10um lasers are from helium–neon.
Application Insights:
The industrial manufacturing segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising demand for precision tools and equipment from various industries such as electronics, automotive, aerospace and military. The industry requires highly accurate laser distance measurement sensors that can withstand harsh environments including heat, vibration and moisture without any damage. Such factors are likely to drive the product demand over the forecast period.
The aerospace & military application segment is expected to witness significant growth over the forecast period owing to increasing adoption of LDMMS by manufacturers of aircraft components including windows, turbines and rotary blades among others.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing R&D activities, especially in China and Japan. In addition, rising investments by various organizations are anticipated to fuel industry expansion over the next eight years.
The Latin American regional market is projected to witness significant growth from 2018 to 2030 owing to technological advancements across a broad range of laser technologies coupled with increasing industrialization in economies including Brazil, Mexico, Argentina and Chile among others.
In Europe region also held a substantial share of global revenue due towards presence of major players such as InfraRed Technology Ltd.; Carl Zeiss AG etc.
Growth Factors:
- Increasing demand for laser distance measurement sensors in the automotive industry for advanced driver assistance systems (ADAS) and autonomous driving applications.
- Growing demand from the construction and mining industries for accurate distance measurements in difficult-to-reach places.
- Rapid adoption of laser distance measurement sensors in portable consumer electronics devices such as smartphones and tablets.
- Rising demand from the medical device industry for non-contact 3D scanning and measuring applications.
- Increasing use of laser distance measurement sensors in unmanned aerial vehicles (UAVs) and other robotic applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Distance Measurement Sensors Market Research Report
By Type
≤ 2µm, 3~10µm, 11~50µm, 51~100µm, 101~500µm, Others
By Application
Automotive Industry, Aerospace & Military Industry, Industrial Manufacturing, Electronics and Photovoltaic Industry, Others
By Companies
KEYENCE, SICK, Panasonic, OMRON, COGNEX, Turck, Micro-Epsilon, BANNER, Baumer, OPTEX, KEYENCE, ELAG, SENSOPART, Pepperl&Fuchs, Balluff, Sunny Optical, Acuity, MTI Instruments
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Laser Distance Measurement Sensors Market Report Segments:
The global Laser Distance Measurement Sensors market is segmented on the basis of:
Types
≤ 2µm, 3~10µm, 11~50µm, 51~100µm, 101~500µm, Others
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
Automotive Industry, Aerospace & Military Industry, Industrial Manufacturing, Electronics and Photovoltaic Industry, 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:
- KEYENCE
- SICK
- Panasonic
- OMRON
- COGNEX
- Turck
- Micro-Epsilon
- BANNER
- Baumer
- OPTEX
- KEYENCE
- ELAG
- SENSOPART
- Pepperl&Fuchs
- Balluff
- Sunny Optical
- Acuity
- MTI Instruments
Highlights of The Laser Distance Measurement Sensors 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:
- ≤ 2µm
- 3~10µm
- 11~50µm
- 51~100µm
- 101~500µm
- Others
- By Application:
- Automotive Industry
- Aerospace & Military Industry
- Industrial Manufacturing
- Electronics and Photovoltaic Industry
- 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 Laser Distance Measurement Sensors 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.
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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?
Laser distance measurement sensors are used to measure the distance between two points. They use a laser beam to measure the time it takes for the beam to travel between those points.
Some of the major players in the laser distance measurement sensors market are KEYENCE, SICK, Panasonic, OMRON, COGNEX, Turck, Micro-Epsilon, BANNER, Baumer, OPTEX, KEYENCE, ELAG, SENSOPART, Pepperl&Fuchs, Balluff, Sunny Optical, Acuity, MTI Instruments.
The laser distance measurement sensors market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Distance Measurement Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laser Distance Measurement Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Distance Measurement Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laser Distance Measurement Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laser Distance Measurement Sensors Market Size & Forecast, 2018-2028
4.5.1 Laser Distance Measurement Sensors Market Size and Y-o-Y Growth
4.5.2 Laser Distance Measurement Sensors Market Absolute $ Opportunity
Chapter 5 Global Laser Distance Measurement Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laser Distance Measurement Sensors Market Size Forecast by Type
5.2.1 ≤ 2µm
5.2.2 3~10µm
5.2.3 11~50µm
5.2.4 51~100µm
5.2.5 101~500µm
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Distance Measurement Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laser Distance Measurement Sensors Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Aerospace & Military Industry
6.2.3 Industrial Manufacturing
6.2.4 Electronics and Photovoltaic Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Distance Measurement Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Distance Measurement Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laser Distance Measurement Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Laser Distance Measurement Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laser Distance Measurement Sensors Market Size Forecast by Type
9.6.1 ≤ 2µm
9.6.2 3~10µm
9.6.3 11~50µm
9.6.4 51~100µm
9.6.5 101~500µm
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laser Distance Measurement Sensors Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Aerospace & Military Industry
9.10.3 Industrial Manufacturing
9.10.4 Electronics and Photovoltaic Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laser Distance Measurement Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Distance Measurement Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laser Distance Measurement Sensors Market Size Forecast by Type
10.6.1 ≤ 2µm
10.6.2 3~10µm
10.6.3 11~50µm
10.6.4 51~100µm
10.6.5 101~500µm
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laser Distance Measurement Sensors Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Aerospace & Military Industry
10.10.3 Industrial Manufacturing
10.10.4 Electronics and Photovoltaic Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laser Distance Measurement Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Distance Measurement Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laser Distance Measurement Sensors Market Size Forecast by Type
11.6.1 ≤ 2µm
11.6.2 3~10µm
11.6.3 11~50µm
11.6.4 51~100µm
11.6.5 101~500µm
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laser Distance Measurement Sensors Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Aerospace & Military Industry
11.10.3 Industrial Manufacturing
11.10.4 Electronics and Photovoltaic Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laser Distance Measurement Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Distance Measurement Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laser Distance Measurement Sensors Market Size Forecast by Type
12.6.1 ≤ 2µm
12.6.2 3~10µm
12.6.3 11~50µm
12.6.4 51~100µm
12.6.5 101~500µm
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laser Distance Measurement Sensors Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Aerospace & Military Industry
12.10.3 Industrial Manufacturing
12.10.4 Electronics and Photovoltaic Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laser Distance Measurement Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Distance Measurement Sensors Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laser Distance Measurement Sensors Market Size Forecast by Type
13.6.1 ≤ 2µm
13.6.2 3~10µm
13.6.3 11~50µm
13.6.4 51~100µm
13.6.5 101~500µm
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laser Distance Measurement Sensors Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Aerospace & Military Industry
13.10.3 Industrial Manufacturing
13.10.4 Electronics and Photovoltaic Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Distance Measurement Sensors Market: Competitive Dashboard
14.2 Global Laser Distance Measurement Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KEYENCE
14.3.2 SICK
14.3.3 Panasonic
14.3.4 OMRON
14.3.5 COGNEX
14.3.6 Turck
14.3.7 Micro-Epsilon
14.3.8 BANNER
14.3.9 Baumer
14.3.10 OPTEX
14.3.11 KEYENCE
14.3.12 ELAG
14.3.13 SENSOPART
14.3.14 Pepperl&Fuchs
14.3.15 Balluff
14.3.16 Sunny Optical
14.3.17 Acuity
14.3.18 MTI Instruments
