Market Overview:
The global laser triangulation 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 3D scanning and measurement applications across various industries, such as automotive, aerospace & military, industrial manufacturing, electronics and photovoltaic (PV), and others. In addition, the growing adoption of laser triangulation sensors in medical applications is also contributing to the growth of this market. Based on type, the global laser triangulation sensors market can be segmented into ≤ 2µm, 3~10µm, 11~50µm 51~100µm 101~500µm segments. Among these segments, the 3~10µm segment is expected to account for a major share of the global laser triangulation sensors market during the forecast period owing to its high demand from various end-use industries. Based on application area,,the global Laser Triangulations Sensors Market can be classified into six major segments: automotive industry; aerospace & military industry; industrial manufacturing; electronics and photovoltaic industry; medical application ;and other applications including research institutes&laboratories etc.Among these segments ,the automotive industry sector is projectedto hold a dominant position in terms of revenue contribution throughoutthe forecast period .
Product Definition:
Laser triangulation sensors use lasers to accurately measure the distance from the sensor to a target. This technology is used in many industrial and commercial applications, such as 3D printing, inspection, and measurement.
≤ 2µm:
It is the wavelength of infrared light. It can be used in various applications such as remote sensing, biometric measurement, and thermography. The shorter the wavelength, the greater is its penetration ability into tissue (skin or meat). Infrared radiation has wavelengths between 10-8 m to 10-5m. Wavelengths less than 1mm are termed as Short Wave Infrared Radiation (SWIR).
3~10µm:
3-10um is the range of laser wavelengths. It is used in laser triangulation sensors market owing to properties such as high stability, low power consumption and wide dynamic range. The 3-10um wavelength region offers a large number of options for sensor applications ranging from human body detection to material identification.
The key driver for this market is increasing demand across industrial, medical and security application areas which require highly sensitive.
Application Insights:
The industrial manufacturing segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing demand for high precision tools and equipment from various industries such as electronics, pharmaceuticals, food processing and others. Moreover, the use of LDTS is expected to increase significantly over the forecast period owing to its benefits such as compact size and low power consumption which makes it suitable for applications where space is a premium commodity.
The aerospace & military industry accounted for 10% share of the overall market revenue in 2017 due to growing adoption of laser technology across various applications including ranging sensors, aiming systems, tracking devices among others. Furthermore, increasing defense expenditure by countries such as U.S., China and Russia are expected drive demand over the forecast period thereby contributing towards significant growth during future years span.
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 demand from emerging economies, such as China and India. The rapid industrialization coupled with rising investments in R&D activities has resulted in high product demand across various industries, especially electronics and photovoltaic industry.
Increasing use of lasers for surveying purposes is also one of the major factors contributing toward regional growth as these sensors are used for precise positioning applications such as drilling, mining, civil engineering structures alignment etc. In addition to this, growing adoption by defense & security organizations owing to their ability to detect threats at a very long range is further propelling industry expansion across this region.
Growth Factors:
- Increasing demand for 3D scanning and mapping applications in automotive, aerospace, and defense industries
- Growing popularity of laser triangulation sensors in consumer electronics sector
- Rising demand for miniaturized laser triangulation sensors in medical and industrial applications
- Proliferation of LiDAR technology across various end-use industries
- Technological advancements leading to higher accuracy and resolution
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Triangulation Sensors Market Research Report
By Type
≤ 2µm, 3~10µm, 11~50µm, 51~100µm, 101~500µm
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, 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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Laser Triangulation Sensors Market Report Segments:
The global Laser Triangulation Sensors market is segmented on the basis of:
Types
≤ 2µm, 3~10µm, 11~50µm, 51~100µm, 101~500µm
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
- Balluff
- Sunny Optical
- Acuity
- MTI Instruments
Highlights of The Laser Triangulation 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
- 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 Triangulation 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 triangulation sensors are a type of sensor that uses lasers to measure distances. They are often used in surveying and mapping applications.
Some of the key players operating in the laser triangulation sensors market are KEYENCE, SICK, Panasonic, OMRON, COGNEX, Turck, Micro-Epsilon, BANNER, Baumer, OPTEX, KEYENCE, ELAG, SENSOPART, Balluff, Sunny Optical, Acuity, MTI Instruments.
The laser triangulation 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 Triangulation 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 Triangulation Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Triangulation 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 Triangulation 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 Triangulation Sensors Market Size & Forecast, 2018-2028
4.5.1 Laser Triangulation Sensors Market Size and Y-o-Y Growth
4.5.2 Laser Triangulation Sensors Market Absolute $ Opportunity
Chapter 5 Global Laser Triangulation 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 Triangulation 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
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Triangulation 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 Triangulation 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 Triangulation 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 Triangulation 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 Triangulation Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Laser Triangulation 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 Triangulation 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
9.7 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 Triangulation 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 Triangulation Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Triangulation 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 Triangulation 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
10.7 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 Triangulation 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 Triangulation Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Triangulation 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 Triangulation 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
11.7 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 Triangulation 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 Triangulation Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Triangulation 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 Triangulation 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
12.7 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 Triangulation 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 Triangulation Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Triangulation 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 Triangulation 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
13.7 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 Triangulation 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 Triangulation Sensors Market: Competitive Dashboard
14.2 Global Laser Triangulation 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 Balluff
14.3.15 Sunny Optical
14.3.16 Acuity
14.3.17 MTI Instruments
