Market Overview:
The global photoelectric detector market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for photoelectric detectors in various applications such as food & beverage, automotive, equipment manufacturing, pharmaceutical industry, electronic industry and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for photoelectric detectors from countries such as China and India.
Product Definition:
A photoelectric detector is a device that senses the presence of light and then produces an electric current or voltage in response. Photoelectric detectors are used in a wide variety of applications, including security systems, automatic door sensors, and optical sensing devices.
Reflective Photoelectric Detector:
Reflective Photoelectric Detector is a device that produces light when exposed to the light and makes an image by receiving the projected light on its surface. It's major applications are in security systems, traffic control, and surveillance cameras. The growth factor in this market is increasing demand for advanced security systems such as video surveillance & alarm monitoring system due to growing crime rate across the world which needs proper detection methods.
Diffuse Photoelectric Detector:
Diffuse photoelectric detector is a type of semiconductor device that generates an electric signal in response to incident light. It is used as a component in photodetector devices and exhibits properties such as small size, low cost, and high stability.
Application Insights:
The photoelectric detectors find application in various industries including food and beverage, automotive, equipment manufacturing, pharmaceutical industry, electronic industry and others. The food and beverage sector dominated the market accounting for a revenue share of over 30% in 2017. This is attributed to the high usage of these devices across packaging plants to detect labels or barcodes on products being packaged.
The automotive sector is expected to witness significant growth over the forecast period owing to increasing demand for electric vehicles (EV). Photoelectric detection systems are used at several stages of an automobile production process such as component assembly line testing & inspection as well as quality control during vehicle production. These systems help reduce human errors during vehicle manufacturing by detecting components at different levels along a production line thereby eliminating any possibilities of substitution or misrepresentation with regard to parts count or quantity while assembling an automobile unit trust fund balance sheet or preparing financial statements etcetera.
Regional Analysis:
Europe accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region is characterized by stringent regulations regarding radiation emissions, which has led to increased demand for photoelectric detectors from several end-use industries such as food & beverage, automotive, and others.
The Asia Pacific Photoelectric Detector Market is anticipated to grow at a lucrative rate over the forecast period owing to increasing industrialization coupled with rising government initiatives in India and China aimed at boosting domestic manufacturing capabilities.
North America was valued at USD X million in 2017 owing to high usage of photoelectric detection systems across several applications including security screening devices used by defense forces around airports worldwide including U.S., Canada, Germany, Saudi Arabia etc.
Growth Factors:
- Increasing demand for photoelectric detectors in the automotive industry for safety applications
- Growing demand from the oil and gas sector for photoelectric detectors to detect gas leaks
- Rising adoption of photoelectric detectors in security and surveillance systems
- Increasing use of photoelectric detectors in smart homes and buildings
- Proliferation of LED lighting technology that is driving down the cost of photoelectric detectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Photoelectric Detector Market Research Report
By Type
Reflective Photoelectric Detector, Diffuse Photoelectric Detector, Through Beam Photoelectric Detector
By Application
Food & Beverage, Automotive, Equipment Manufacturing, Pharmaceutical Industry, Electronic Industry, Others
By Companies
OMRON, Panasonic, SICK, Keyence, Rockwell Automation, Balluff, Optex, Baumer, Pepperl+Fuchs, TAKEX, Wenglor, Schneider Electric, Banner, Hans Turck, Leuze Electronic, Tri-Tronics, Di-soric, Autonics, RiKO, F&C Sensing Technology, Shenzhen Dokai, Beijing Conquer Photoelectric Technology Co., Ltd.
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Photoelectric Detector Market Report Segments:
The global Photoelectric Detector market is segmented on the basis of:
Types
Reflective Photoelectric Detector, Diffuse Photoelectric Detector, Through Beam Photoelectric Detector
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
Food & Beverage, Automotive, Equipment Manufacturing, Pharmaceutical Industry, Electronic 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:
- OMRON
- Panasonic
- SICK
- Keyence
- Rockwell Automation
- Balluff
- Optex
- Baumer
- Pepperl+Fuchs
- TAKEX
- Wenglor
- Schneider Electric
- Banner
- Hans Turck
- Leuze Electronic
- Tri-Tronics
- Di-soric
- Autonics
- RiKO
- F&C Sensing Technology
- Shenzhen Dokai
- Beijing Conquer Photoelectric Technology Co., Ltd.
Highlights of The Photoelectric Detector 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:
- Reflective Photoelectric Detector
- Diffuse Photoelectric Detector
- Through Beam Photoelectric Detector
- By Application:
- Food & Beverage
- Automotive
- Equipment Manufacturing
- Pharmaceutical Industry
- Electronic 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 Photoelectric Detector 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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- Correctly Positioning New Products
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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?
A photoelectric detector is a device that uses light to detect the presence of an object. When light hits an object, some of the energy is absorbed by the object. This energy causes a change in the electrical properties of the material that was hit by light. A photoelectric detector can use this change in electrical property to determine whether or not there is an object present.
Some of the major players in the photoelectric detector market are OMRON, Panasonic, SICK, Keyence, Rockwell Automation, Balluff, Optex, Baumer, Pepperl+Fuchs, TAKEX, Wenglor, Schneider Electric, Banner, Hans Turck, Leuze Electronic, Tri-Tronics, Di-soric, Autonics, RiKO, F&C Sensing Technology, Shenzhen Dokai, Beijing Conquer Photoelectric Technology Co., Ltd..
The photoelectric detector market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photoelectric Detector 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 Photoelectric Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photoelectric Detector 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 Photoelectric Detector 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 Photoelectric Detector Market Size & Forecast, 2018-2028
4.5.1 Photoelectric Detector Market Size and Y-o-Y Growth
4.5.2 Photoelectric Detector Market Absolute $ Opportunity
Chapter 5 Global Photoelectric Detector 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 Photoelectric Detector Market Size Forecast by Type
5.2.1 Reflective Photoelectric Detector
5.2.2 Diffuse Photoelectric Detector
5.2.3 Through Beam Photoelectric Detector
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photoelectric Detector 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 Photoelectric Detector Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Automotive
6.2.3 Equipment Manufacturing
6.2.4 Pharmaceutical Industry
6.2.5 Electronic Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photoelectric Detector 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 Photoelectric Detector 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 Photoelectric Detector Analysis and Forecast
9.1 Introduction
9.2 North America Photoelectric Detector 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 Photoelectric Detector Market Size Forecast by Type
9.6.1 Reflective Photoelectric Detector
9.6.2 Diffuse Photoelectric Detector
9.6.3 Through Beam Photoelectric Detector
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 Photoelectric Detector Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Automotive
9.10.3 Equipment Manufacturing
9.10.4 Pharmaceutical Industry
9.10.5 Electronic Industry
9.10.6 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 Photoelectric Detector Analysis and Forecast
10.1 Introduction
10.2 Europe Photoelectric Detector 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 Photoelectric Detector Market Size Forecast by Type
10.6.1 Reflective Photoelectric Detector
10.6.2 Diffuse Photoelectric Detector
10.6.3 Through Beam Photoelectric Detector
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 Photoelectric Detector Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Automotive
10.10.3 Equipment Manufacturing
10.10.4 Pharmaceutical Industry
10.10.5 Electronic Industry
10.10.6 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 Photoelectric Detector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photoelectric Detector 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 Photoelectric Detector Market Size Forecast by Type
11.6.1 Reflective Photoelectric Detector
11.6.2 Diffuse Photoelectric Detector
11.6.3 Through Beam Photoelectric Detector
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 Photoelectric Detector Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Automotive
11.10.3 Equipment Manufacturing
11.10.4 Pharmaceutical Industry
11.10.5 Electronic Industry
11.10.6 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 Photoelectric Detector Analysis and Forecast
12.1 Introduction
12.2 Latin America Photoelectric Detector 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 Photoelectric Detector Market Size Forecast by Type
12.6.1 Reflective Photoelectric Detector
12.6.2 Diffuse Photoelectric Detector
12.6.3 Through Beam Photoelectric Detector
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 Photoelectric Detector Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Automotive
12.10.3 Equipment Manufacturing
12.10.4 Pharmaceutical Industry
12.10.5 Electronic Industry
12.10.6 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) Photoelectric Detector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photoelectric Detector 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) Photoelectric Detector Market Size Forecast by Type
13.6.1 Reflective Photoelectric Detector
13.6.2 Diffuse Photoelectric Detector
13.6.3 Through Beam Photoelectric Detector
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) Photoelectric Detector Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Automotive
13.10.3 Equipment Manufacturing
13.10.4 Pharmaceutical Industry
13.10.5 Electronic Industry
13.10.6 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 Photoelectric Detector Market: Competitive Dashboard
14.2 Global Photoelectric Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMRON
14.3.2 Panasonic
14.3.3 SICK
14.3.4 Keyence
14.3.5 Rockwell Automation
14.3.6 Balluff
14.3.7 Optex
14.3.8 Baumer
14.3.9 Pepperl+Fuchs
14.3.10 TAKEX
14.3.11 Wenglor
14.3.12 Schneider Electric
14.3.13 Banner
14.3.14 Hans Turck
14.3.15 Leuze Electronic
14.3.16 Tri-Tronics
14.3.17 Di-soric
14.3.18 Autonics
14.3.19 RiKO
14.3.20 F&C Sensing Technology
14.3.21 Shenzhen Dokai
14.3.22 Beijing Conquer Photoelectric Technology Co., Ltd.
