Photoelectric Sensors Market by Technology (Through-Beam, Retro-Reflective, and Reflective), Range (?100 mm, >100–1,000 mm, >1,000–10,000 mm, and >10,000 mm), Structure (Built-In Amplifier, Built-In Power Supply, Separate Amplifier, and Fiber Type), Beam Source (Laser Beam and Standard Beam), and Application (Consumer Electronics, Automotive & Transportation, Building Automation, Food & Beverages, Pharmaceuticals & Medical, Packaging, Industrial Manufacturing, and others): Global Opportunity Analysis and Industry Forecast, 2019–2026
|
A05517
|
Pages: NA
|
Oct 2020 |
1232 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Photoelectric Sensors Market
Request Now !Photoelectric Sensors Market Outlook-2026
A photoelectric sensor is basically an equipment that is used to discover the distance, absence, or presence of an object by using a light transmitter. Photoelectric sensors detect objects, changes in surface conditions, and other items through a variety of optical properties. It consists of an emitter and receiver for emitting light and receiving light. When emitted light is reflected or interrupted by the sensing object, it changes the amount of light that arrives at the receiver. The receiver then detects this change and converts it to an electrical output. The photoelectric sensors are utilized to detect the size, color, shape, and distance of the target entity. The photoelectric sensors have a wide range of applications in several industrial verticals such as consumer electronics, automotive & transportation, building automation, food & beverages, pharmaceuticals & medical, packaging, and industrial manufacturing.
Increase in adoption of industrial automation is the key factor that drive the growth of the photoelectric sensors market. In addition, increase in penetration of IoT among several industrial facilities and rise in implementation on government initiatives boost the market growth. However, the availability of competent alternative technologies restrains the growth of the market. Furthermore, increase in the digitization and connected industries provide lucrative growth opportunities for the photoelectric sensors market.
The photoelectric sensors market is highly competitive and the key strategies adopted by the key players include new product launch, product development, business expansion, merger and acquisition. For instance, in May 2018, Schneider Electric partnered with Temasek (an investment company) and signed an agreement with Larsen and Toubro Ltd. (L&T) to buy its Electrical and Automation business (L&T E&A) and combine it with Schneider Electric India’s Low voltage and Industrial Automation Product business.
The significant impacting factors for the growth of the photoelectric sensors market include increase in adoption of industrial automation, rise in penetration of IoT among several industrial facilities, and growth in government initiatives toward adoption of photoelectric sensor. In addition, the restraining factor by which the market is influenced includes availability of competent alternative technologies. Moreover, increase in the digitization and connected industries provide lucrative opportunities for the photoelectric sensors market growth.
The photoelectric sensors industry is segmented based on technology, range, structure, beam source, application, and region. Based on technology, the market is categorized into through-beam, retro-reflective, and reflective. By range, it is divided into ≤100 mm, >100–1,000 mm, >1,000–10,000 mm, and >10,000 mm. Based on structure, it is segmented into built-in amplifier, built-in power supply, separate amplifier, and fiber type. Based on beam source, it is bifurcated into laser beam and standard beam. By application, it is classified into consumer electronics, automotive & transportation, building automation, food & beverages, pharmaceuticals & medical, packaging, industrial manufacturing, and others. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.
The major companies profiled in the global photoelectric sensors market include Omron Corporation, Keyence Corporation, Panasonic Corporation, Rockwell Automation Inc., Sick AG, Schneider Electric, IFM Electronic FZC, Balluff, Pepperl & Fuchs, and Banner Engineering, and others.
KEY BENEFITS FOR STAKEHOLDERS
- This study comprises analytical depiction of the global photoelectric sensors market trends with current trends and future estimations to depict the imminent investment pockets.
- The overall potential is determined to understand the profitable trends to gain a stronger foothold.
- The global photoelectric sensors market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current global photoelectric sensors market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Technology
- Through-beam
- Retro-reflective
- Reflective
By Range
- ≤100 mm
- >100–1,000 mm
- >1,000–10,000 mm
- >10,000 mm
By StructureÂ
- Built-In Amplifier
- Built-In Power Supply
- Separate Amplifier
- Fiber Type
By Beam Source
- Laser Beam
- Standard Beam
By Application
- Consumer Electronics
- Automotive & Transportation
- Building Automation
- Food & Beverages
- Pharmaceuticals & Medical
- Packaging
- Industrial Manufacturing
- Others
BY REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Photoelectric Sensors Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Â T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.