New ARC Advisory Group research on the photoelectric sensors market reveals that the rising demand for connected devices and digital transformation offer good growth potential for the photoelectric sensors market. Sensors with built-in intelligence help reduce machine downtime through remote diagnostics and optimize productivity and reliability.
“In the future, most devices will be connected and intelligent. Machine intelligence will change significantly in the near future, as users move from smart machines to machines that can learn and incorporate artificial intelligence. As components of machines need to interact with each other, the degree of integrated intelligence will increase significantly,” according to Rajkumar Paira, Senior Analyst at ARC Advisory Group and key author of ARC’s Photoelectric Sensors Global Market Research report.
About the Photoelectric Sensors Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the photoelectric sensors market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, sensor type, industry, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.