Market Overview:
The global laser measurement sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser measurement sensors in various applications such as military, scientific research, industrial automation and others. Additionally, the growing demand for miniaturized and portable devices is also contributing to the growth of this market. However, factors such as high cost of these devices and lack of awareness about their benefits are restraining its growth. On the basis of type, digital laser sensor held a major share in 2017 and is expected to continue its dominance during the forecast period from 2018 to 2030. This can be attributed to its advantages over other types such as CMOS laser sensor and others.
Product Definition:
Laser measurement sensors are devices that use lasers to measure distances or other physical properties. They are often used in industrial and scientific settings to measure things with high precision.
Digital Laser Sensor:
Digital laser sensors (DLS) are the latest addition to the family of optical measurement devices. They have been around for a while in an embryonic form, but only recently have they started to gain widespread acceptance across several application areas. The key driver for this technology is their inherent ability to address some of the major issues associated with conventional systems/products such as accuracy and cost-effectiveness.
CMOS Laser Sensor:
CMOS ( complementary metal-oxide semiconductor) laser sensor is a type of photodiode that generates an electrical signal in response to incident light. It has applications in various industries such as automotive, consumer electronics, and industrial measurement. CMOS sensors are used for several functions including detection of motion and proximity, measuring angles and distances among other things.
Application Insights:
The industrial automation segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing adoption of these devices across manufacturing facilities for process control applications. Processes such as material handling, automated storage and retrieval systems, machine tending, and robotics are highly dependent on accurate measurement for their smooth functioning. Therefore, manufacturers are focusing on developing products with enhanced accuracy that ensure high process reliability over long periods of time.
The military application segment is expected to witness significant growth over the forecast period owing to growing demand from defense agencies across the globe for laser technology-based equipment that provides enhanced accuracy while measuring distances or volumes at night or in adverse weather conditions when GPS signals may not be available or reliable enough. These devices also have other uses such as rangefinding and aiming during warfare where a high degree of precision is required along with a large field-of-view at short ranges (less than 50 meters).
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in infrastructure development and growing manufacturing sector across countries such as China, India, Japan, and South Korea. In addition, rising demand for consumer electronics products along with rapid industrialization will drive the regional market further.
The presence of a large number of players coupled with increased R&D activities in laser technology is also expected to boost industry growth over the next eight years. Moreover, government initiatives encouraging domestic production are likely to play an important role in promoting industry expansion within Asia Pacific region during the same period.
Growth Factors:
- Increasing demand for laser measurement sensors in the automotive industry for advanced safety features and quality control.
- Rapid growth of the semiconductor and electronics industry, which is a key end-user of laser measurement sensors.
- Rising demand from the medical device and pharmaceutical industries for precision measurements in manufacturing processes and research & development applications.
- Growing popularity of 3D printing technology, which requires high-precision laser measurement sensors to achieve accurate results.
- Proliferation of smart factories and Industry 4.0 initiatives, which are driving adoption of advanced sensor technologies like laser measurement sensors for process automation and quality control
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Measurement Sensors Market Research Report
By Type
Digital Laser Sensor, CMOS Laser Sensor, Others
By Application
Military, Scientific Research, Industrial Automation, Others
By Companies
Fiso Technologies, Prime Photonics, Banner, Bayspec, Omron, Laser Technology, Keyence, Ifm, Acuity, JENOPTIK, Fiso Technologies, 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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Laser Measurement Sensors Market Report Segments:
The global Laser Measurement Sensors market is segmented on the basis of:
Types
Digital Laser Sensor, CMOS Laser Sensor, 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
Military, Scientific Research, Industrial Automation, 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:
- Fiso Technologies
- Prime Photonics
- Banner
- Bayspec
- Omron
- Laser Technology
- Keyence
- Ifm
- Acuity
- JENOPTIK
- Fiso Technologies
- MTI Instruments
Highlights of The Laser 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:
- Digital Laser Sensor
- CMOS Laser Sensor
- Others
- By Application:
- Military
- Scientific Research
- Industrial Automation
- 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 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.
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
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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 measurement sensors are devices that use lasers to measure distances, angles, and other physical properties. They can be used in a variety of applications, including manufacturing, construction, and engineering.
Some of the major players in the laser measurement sensors market are Fiso Technologies, Prime Photonics, Banner, Bayspec, Omron, Laser Technology, Keyence, Ifm, Acuity, JENOPTIK, Fiso Technologies, MTI Instruments.
The laser measurement sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser 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 Measurement Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser 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 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 Measurement Sensors Market Size & Forecast, 2020-2028
4.5.1 Laser Measurement Sensors Market Size and Y-o-Y Growth
4.5.2 Laser Measurement Sensors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Digital Laser Sensor
5.2.2 CMOS Laser Sensor
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Military
6.2.2 Scientific Research
6.2.3 Industrial Automation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Digital Laser Sensor
9.6.2 CMOS Laser Sensor
9.6.3 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 Market Size Forecast by Applications
9.10.1 Military
9.10.2 Scientific Research
9.10.3 Industrial Automation
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Digital Laser Sensor
10.6.2 CMOS Laser Sensor
10.6.3 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 Market Size Forecast by Applications
10.10.1 Military
10.10.2 Scientific Research
10.10.3 Industrial Automation
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Digital Laser Sensor
11.6.2 CMOS Laser Sensor
11.6.3 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 Market Size Forecast by Applications
11.10.1 Military
11.10.2 Scientific Research
11.10.3 Industrial Automation
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Digital Laser Sensor
12.6.2 CMOS Laser Sensor
12.6.3 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 Market Size Forecast by Applications
12.10.1 Military
12.10.2 Scientific Research
12.10.3 Industrial Automation
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Digital Laser Sensor
13.6.2 CMOS Laser Sensor
13.6.3 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) Market Size Forecast by Applications
13.10.1 Military
13.10.2 Scientific Research
13.10.3 Industrial Automation
13.10.4 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 Measurement Sensors Market: Competitive Dashboard
14.2 Global Laser Measurement Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fiso Technologies
14.3.2 Prime Photonics
14.3.3 Banner
14.3.4 Bayspec
14.3.5 Omron
14.3.6 Laser Technology
14.3.7 Keyence
14.3.8 Ifm
14.3.9 Acuity
14.3.10 JENOPTIK
14.3.11 Fiso Technologies
14.3.12 MTI Instruments
