Market Overview:
The global photoelectric sensor 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 photoelectric sensors in various applications, such as packaging, food processing, transportation, cosmetic and pharmaceutical industries. In addition, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global photoelectric sensor market can be segmented into through-beam sensors, retro-reflective sensors diffused-reflective sensors and other types. Among these segments, through-beam sensors are expected to witness highest growth during the forecast period owing to their ability detect objects even when they are not in direct line of sight with the sensor.
Product Definition:
A photoelectric sensor is a device that uses light to detect objects. It consists of a transmitter and receiver. The transmitter emits a light beam and the receiver detects the reflected light.
Through-beam Sensors:
Through-beam sensors are a type of optical sensor that measures the intensity of light falling on it. They can be used in various applications such as automotive, consumer electronics, medical equipment and solar energy monitoring among others. The increasing demand for smart devices with features such as motion detection, light sensing and image recognition is expected to drive the market growth over the forecast period.
Retro-reflective Sensors:
Retro-reflective sensors are a type of optical sensor that works on the basis of light. It is used to measure the angle and distance between two objects. These sensors are widely used in automobiles for detecting obstacles and other vehicles, as well as for indicating the presence of pedestrians and cyclists near vehicle’s path.
Retro-reflective sensor can be categorized into two types including sheet type, and tile type retro-reflective sensors.
Application Insights:
The packaging application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The photo-electric sensors are used in various packaging applications such as product detection, shelf monitoring, tracking inventory, and scanning codes. These sensors help reduce human errors during handling of packaged products by providing real-time data on each movement.
Food processing is one of the key end-use industries for photo-electric sensor technology due to their wide range of applications across numerous processes such as weighing/measuring, mixing/blending, cooking food items (atmospheric pressure), water treatment (ionization), material screening (scans metallic objects), cleaning & disinfecting surfaces & equipment with UV light or chemicals without getting affected by skin or eye contact with harmful substances.
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 technological advancements, high adoption rate of advanced technologies, and presence of major photo-electric sensor manufacturers such as Infineon Technologies AG, Maxim Integrated Products Inc., and Analog Devices Inc. Europe has also been a hub for several startups that are trying to commercialize innovative ideas in this field.
Asia Pacific is anticipated to be the fastest growing regional market from 2018 to 2030 owing to increasing government initiatives on improving infrastructure across various sectors including healthcare & life sciences, transportation & logistics, food processing & packaging industry. In addition it has been observed that countries like China have adopted these sensors at a faster pace compared with other developed nations such as U.S.
Growth Factors:
- Increasing demand from the automotive industry for photoelectric sensors for advanced safety features
- Growing demand from the industrial sector for photoelectric sensors in automation and process control applications
- Proliferation of smart devices and the Internet of Things (IoT) that are creating new opportunities for photoelectric sensor applications
- Advances in semiconductor technology that are making smaller, more efficient and affordable photoelectric sensors
- Rising global population and rapid urbanization that is fueling growth in manufacturing and construction industries, which are key markets for photoelectric sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Photo-electric Sensor Market Research Report
By Type
Through-beam Sensors, Retro-reflective Sensors, Diffuse-reflective Sensors, Other Types
By Application
Packaging, Food Processing, Transportation, Cosmetic, Pharmaceutical
By Companies
Eaton, Leuze electronic GmbH + Co. KG, Omron, Pepperl&Fuchs, Contrinex, Schneider Electric, Panasonic, Balluff, Keyence, IFM, Elco, Banner
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Photo-electric Sensor Market Report Segments:
The global Photo-electric Sensor market is segmented on the basis of:
Types
Through-beam Sensors, Retro-reflective Sensors, Diffuse-reflective Sensors, Other Types
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
Packaging, Food Processing, Transportation, Cosmetic, Pharmaceutical
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:
- Eaton
- Leuze electronic GmbH + Co. KG
- Omron
- Pepperl&Fuchs
- Contrinex
- Schneider Electric
- Panasonic, Balluff
- Keyence
- IFM
- Elco
- Banner
Highlights of The Photo-electric 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:
- Through-beam Sensors
- Retro-reflective Sensors
- Diffuse-reflective Sensors
- Other Types
- By Application:
- Packaging
- Food Processing
- Transportation
- Cosmetic
- Pharmaceutical
- 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 Photo-electric 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand 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?
Photo-electric sensor is a type of sensor that uses light to detect an object. The sensor converts the light into electrical signals, which can be used to identify and track objects.
Some of the major companies in the photo-electric sensor market are Eaton, Leuze electronic GmbH + Co. KG, Omron, Pepperl&Fuchs, Contrinex, Schneider Electric, Panasonic, Balluff, Keyence, IFM, Elco, Banner.
The photo-electric sensor market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Photo-electric 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. Photo-electric Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Photo-electric Sensor Market - Supply Chain
4.5. Global Photo-electric Sensor Market Forecast
4.5.1. Photo-electric Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Photo-electric Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Photo-electric Sensor Market Absolute $ Opportunity
5. Global Photo-electric 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. Photo-electric Sensor Market Size and Volume Forecast by Type
5.3.1. Through-beam Sensors
5.3.2. Retro-reflective Sensors
5.3.3. Diffuse-reflective Sensors
5.3.4. Other Types
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Photo-electric 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. Photo-electric Sensor Market Size and Volume Forecast by Application
6.3.1. Packaging
6.3.2. Food Processing
6.3.3. Transportation
6.3.4. Cosmetic
6.3.5. Pharmaceutical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Photo-electric 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. Photo-electric 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 Photo-electric 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. Photo-electric 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 Photo-electric Sensor Demand Share Forecast, 2019-2026
9. North America Photo-electric 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 Photo-electric 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 Photo-electric Sensor Market Size and Volume Forecast by Application
9.4.1. Packaging
9.4.2. Food Processing
9.4.3. Transportation
9.4.4. Cosmetic
9.4.5. Pharmaceutical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Photo-electric Sensor Market Size and Volume Forecast by Type
9.7.1. Through-beam Sensors
9.7.2. Retro-reflective Sensors
9.7.3. Diffuse-reflective Sensors
9.7.4. Other Types
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 Photo-electric Sensor Demand Share Forecast, 2019-2026
10. Latin America Photo-electric 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 Photo-electric 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 Photo-electric Sensor Market Size and Volume Forecast by Application
10.4.1. Packaging
10.4.2. Food Processing
10.4.3. Transportation
10.4.4. Cosmetic
10.4.5. Pharmaceutical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Photo-electric Sensor Market Size and Volume Forecast by Type
10.7.1. Through-beam Sensors
10.7.2. Retro-reflective Sensors
10.7.3. Diffuse-reflective Sensors
10.7.4. Other Types
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 Photo-electric Sensor Demand Share Forecast, 2019-2026
11. Europe Photo-electric 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 Photo-electric 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 Photo-electric Sensor Market Size and Volume Forecast by Application
11.4.1. Packaging
11.4.2. Food Processing
11.4.3. Transportation
11.4.4. Cosmetic
11.4.5. Pharmaceutical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Photo-electric Sensor Market Size and Volume Forecast by Type
11.7.1. Through-beam Sensors
11.7.2. Retro-reflective Sensors
11.7.3. Diffuse-reflective Sensors
11.7.4. Other Types
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y 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 Photo-electric Sensor Demand Share, 2019-2026
12. Asia Pacific Photo-electric 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 Photo-electric 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 Photo-electric Sensor Market Size and Volume Forecast by Application
12.4.1. Packaging
12.4.2. Food Processing
12.4.3. Transportation
12.4.4. Cosmetic
12.4.5. Pharmaceutical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Photo-electric Sensor Market Size and Volume Forecast by Type
12.7.1. Through-beam Sensors
12.7.2. Retro-reflective Sensors
12.7.3. Diffuse-reflective Sensors
12.7.4. Other Types
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 Photo-electric Sensor Demand Share, 2019-2026
13. Middle East & Africa Photo-electric 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 Photo-electric 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 Photo-electric Sensor Market Size and Volume Forecast by Application
13.4.1. Packaging
13.4.2. Food Processing
13.4.3. Transportation
13.4.4. Cosmetic
13.4.5. Pharmaceutical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Photo-electric Sensor Market Size and Volume Forecast by Type
13.7.1. Through-beam Sensors
13.7.2. Retro-reflective Sensors
13.7.3. Diffuse-reflective Sensors
13.7.4. Other Types
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 Photo-electric Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Photo-electric Sensor Market: Market Share Analysis
14.2. Photo-electric Sensor Distributors and Customers
14.3. Photo-electric Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eaton
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Leuze electronic GmbH + Co. KG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Omron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pepperl&Fuchs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Contrinex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schneider Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic, Balluff
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Keyence
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IFM
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Elco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Banner
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
