Photoelectric Sensors

The Photoelectric Sensors market research report delivers current market analysis plus a five-year market and technology forecast. The study is available in multiple editions including worldwide and all regions. The market is expected to grow at a single-digit CAGR during the forecast period due to the uncertainties owing to the coronavirus pandemic.

Photoelectric Sensors Market Influenced by Largescale Digital Transformation

The Photoelectric Sensors market revenues declined in 2020 due to the detrimental impact of the coronavirus pandemic and is expected to revive from 2021 onwards, subject to how the global economies deal with the existing pandemic situation. 

Photoelectric Sensors MarketAll major economies have witnessed a strong decline in 2020, except Asia, which witnessed a negligible growth in revenues. Asia held the maximum share, followed by the EMEA region, North America, and Latin America. 

With the increasing adoption of Industry 4.0 and Internet of Things (IoT) solutions, the demand for intelligent sensors will continue to grow, especially from factory automation as this capability enables them to use their equipment and machines with far greater flexibility than before.   

The market for photoelectric sensors is dominated by SICK, OMRON, Keyence, Leuze, and Panasonic. Overall, our analysis suggests that broad automation portfolios clearly enable suppliers to garner secure leadership positions.

Photoelectric Sensors Strategic Issues

Photoelectric Sensors Market TrendsIn addition to providing a five-year market forecast, the Photoelectric Sensors market research report provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Vendors: Adoption of Latest Technologies

Leading companies typically do not rely only on their installed base, but also position themselves as technology leaders. Technology leaders can increase market share while avoiding price competition by adopting technological trends early and working closely with key customers to stay a step ahead of the growing number of followers.  

Strategic Issue for Users: Service Offerings

OEMs often stick to their current suppliers of photoelectric sensors. In Asia, price still plays an important role, while in Europe reliability and embedded intelligence are important buying criteria.

Strategic Issue for All Market Participants: Coronavirus Pandemic

The coronavirus outbreak has caused disruptions to global supply chains and business operations. While the pandemic significantly impacted the 2020 demand for photoelectric sensors, the market projections do take into account industry trends with ARC’s best estimates for how the pandemic will impact the photoelectric sensors market in different industries.  

Photoelectric Sensors Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.   Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Annual Subscription Yes Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Industry Trends
  • Regional Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Sensor Type
    • Light Barriers
    • Diffuse
    • Fiber Optic
  • Market Shares of Diffuse by Type
    • Standard Diffuser
    • Contrast Scanner
    • Color Scanner
    • Fixed Field/Focus
  • Market Shares of Light Barriers by Type
    • Beam Through
    • Retro Reflexive
    • Fork and Angle Sensors
    • Light Curtain Sensors
  • Market Shares by Output Signal
    • Analog
    • CompoNet
    • Digital
    • IO Link
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Semiconductors
    • Water & Wastewater
  • Market Shares by Machinery Segment
  • Market Shares by Customer Type
  • Market Shares by Sales Channel

Market Forecasts and Histories

  • Total Shipments of Photoelectric Sensors
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Sensor Type
    • Light Barriers
    • Diffuse
    • Fiber Optic
  • Shipments of Light Barriers by Type
    • Beam Through
    • Retro Reflexive
    • Fork and Angle Sensors
    • Light Curtain Sensors
  • Shipments of Diffuse Sensors by Type
    • Standard Diffuser
    • Contrast Scanner
    • Color Scanner
    • Fixed Field/Focus
  • Shipments by Output Signal
    • Analog
    • CompoNet
    • Digital
    • IO Link
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electronics & Electrical
    • Electric Power Generation
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Semiconductors
    • Water & Wastewater
  • Shipments by Machinery Segment
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market. 

    Regional Research Focus Areas

    Strategic Analysis

    Competitive Analysis

    • Leading Suppliers in Region
    • Industry Shares in Region
    • Country Shares in Region
    • Leading Suppliers by Industry

    Market Forecasts and Histories 

    • Market Forecast and History by Country
    • Market Forecast and History by Industry

    Industry Participants

    List of countries included in each region: MIRA-Country

    For More Informatioin

    For more information or to purchase the Photoelectric Sensors Market Research study, please contact us.

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