Laser Displacement Sensor Market, by Range (Less than 100 mm, 100 mm – 300 mm and More than 300 mm), by End-use Industry (Automotive, Aerospace and Defense, Industrial, Consumer Electronics and Others) and by Region (North America, Latin America, Europe,

Laser Displacement Sensor Market, by Range (Less than 100 mm, 100 mm – 300 mm and More than 300 mm), by End-use Industry (Automotive, Aerospace and Defense, Industrial, Consumer Electronics and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

A laser displacement sensor contains a light-emitting element and a position-sensitive detector (PSD), which detects its target by using the triangulation method. In this, a semiconductor laser is utilized as a light-emitting element. Moreover, a lens focuses the beam on the target that reflects the beam back through a lens where it is focused on PSD. Laser displacement sensors are used to measure an object’s diameter, width, height, stroke and positioning, vibration, decentering and deflection, flatness, warpage, and thickness. The global laser displacement sensor market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Market Dynamics
The demand for automation is increasing rapidly, especially in core industries such as automotive, manufacturing, packaging, and logistics. In automation, sensors play a crucial role, which is expected to witness high demand in the near future. Laser displacement sensors are non-contact type sensors, which are more accurate and which offer a wider range of applications as compared to conventional contact-type sensors. Moreover, the high superiority of laser sensors over other types of sensors is expected to drive growth of the global laser displacement sensor market during the forecast period. Laser displacement sensors are deployed in a wide array of applications including measurement of thickness and irregular surfaces of non-conductive materials such as plastics, paper, and ceramics. The operational efficiency of laser displacement sensors is not hindered by external factors such as unfavorable temperature and magnetic field interface. This, in turn, acts as an advantage enabling these sensors to operate in varied environmental conditions. Furthermore, rising use of laser displacement sensors in the quality control department, wherein it can save additional expenditure and avoid wastage of raw materials and time are other factors expected to propel the global laser displacement sensor market growth over the forecast period.
Market Taxonomy
This report segments the Global Laser Displacement Sensor Market on the basis of Range, End-use Industry and Region. On the basis of Range, Global Laser Displacement Sensor Market is segmented into Less than 100 mm, 100 mm – 300 mm and More than 300 mm. On the basis of End-use Industry, the Global Laser Displacement Sensor Market is segmented into Automotive, Aerospace and Defense, Industrial, Consumer Electronics and Others. On the basis of region, Global Laser Displacement Sensor Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the Global Laser Displacement Sensor Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Laser Displacement Sensor Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Laser Displacement Sensor Market includes Panasonic Corporation, Micro-epsilon, Sick AG, Hans Turck GmbH Co. KG, Omron Corporation, Banner Engineering Corp., Keyence Corporation, Cognex Corporation, ZSY Group Ltd, and Mechanical Technology, Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Laser Displacement Sensor market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Laser Displacement Sensor Market.
Detailed Segmentation:
Global Laser Displacement Sensor Market, By Range:
Less than 100 mm
100 mm – 300 mm
More than 300 mm
Global Laser Displacement Sensor Market, By End-use Industry:
Automotive
Aerospace and Defense
Industrial
Consumer Electronics
Others
Global Laser Displacement Sensor Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Banner Engineering Corp.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Cognex Corporation
Hans Turck GmbH Co. KG
Keyence Corporation
Mechanical Technology, Inc.
Micro-epsilon
Omron Corporation
Panasonic Corporation
Sick AG
ZSY Group Ltd
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1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, BY Range
Market Snippet, By End-use Industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
4. Global Laser Displacement Sensor Market, BY Range, 2017-2027 (US$ Million)
Introduction
Market Share Analysis, 2017 and 2027 (%)
Segment Trends
Less than 100 mm
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
100 mm – 300 mm
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
More than 300 mm
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
5. Global Laser Displacement Sensor Market, By End-use Industry, 2017-2027 (US$ Million)
Introduction
Market Share Analysis, 2017 and 2027 (%)
Segment Trends
Automotive
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Aerospace and Defense
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Industrial
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Aerospace and Defense
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Consumer Electronics
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
Others
Introduction
Market Size and Forecast, 2019–2027, (US$ Million)
6. Global Laser Displacement Sensor Market, By Region, 2017-2027 (US$ Million)
Introduction
Market Share Analysis, By Region, 2017 and 2027 (%)
North America
Regional Trends
Market Size and Forecast, Range, 2019–2027(US$ Million)
Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
Market Share Analysis, By Country, 2019 and 2027 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, Range, 2019–2027(US$ Million)
Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
Market Share Analysis, By Country, 2019 and 2027 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, Range, 2019–2027(US$ Million)
Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
Market Share Analysis, By Country, 2019 and 2027 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, Range, 2019–2027(US$ Million)
Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
Market Share Analysis, By Country, 2019 and 2027 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Regional Trends
Market Size and Forecast, Range, 2019–2027(US$ Million)
Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Million)
Market Share Analysis, By Country, 2019 and 2027 (%)
GCC Countries
South Africa
Rest of the Middle East and Africa
7. Competitive Landscape
Company Profiles
Banner Engineering Corp.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Cognex Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hans Turck GmbH Co. KG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Keyence Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Mechanical Technology, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Micro-epsilon
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Omron Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Sick AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
ZSY Group Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
8. Section
References
Research Methodology
About us and Sales Contact
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