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Global Photoelectric Sensors Market 2017-2021

Global Photoelectric Sensors Market 2017-2021

About Photoelectric Sensors

A photoelectric sensor is a special type of proximity sensor used to detect the distance, absence, and presence of any object in its predefined perimeter. These sensors sense and trigger to slow down or stop an operation for safety. A photoelectric sensor uses a beam of ray mostly infrared, and mainly consists of a transmitter and an emitter, either in two different devices and or in the same device.Photoelectric sensors used in industrial applications are considered for market estimation and forecast. Photoelectric sensors used in automobiles, consumer durables, and vision guided mobile devices are not included in the report scope.

Technavio’s analysts forecast the global photoelectric sensors market to grow at a CAGR of 8.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global photoelectric sensors market for 2017-2021. To calculate the market size, the report considers the new installations, retrofits, and replacements.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Photoelectric Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Banner
  • Baumer Group
  • OMRON
  • Pepperl+Fuchs
  • SICK
Other prominent vendors
  • Balluff
  • Eaton
  • Fargo Controls
  • ifm
  • KEYENCE
  • Panasonic
  • Rockwell Automation
  • Schneider Electric
  • Turck
Market driver
  • Growing implication of MEMS and NEMS in the industries
  • For a full, detailed list, view our report
Market challenge
  • High-cost of fiber optic sensors
  • For a full, detailed list, view our report
Market trend
  • Emergence of integrated smart sensors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Photoelectric Sensors Market 2017-2021

Technavio recognizes the following companies as the key players in the global photoelectric sensors market: Banner, Baumer Group, OMRON, Pepperl+Fuchs, and SICK.

Other Prominent Vendors in the market are: Balluff, Eaton, Fargo Controls, ifm, KEYENCE, Panasonic, Rockwell Automation, Schneider Electric, and Turck.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of integrated smart sensors. A smart sensor is a device that collects input from the environment, compares it with the in-built data, and performs the predefined functions. It provides advantages in reduction of interconnecting wires, offers reliability, and better performance of a facility. These flexible systems need rugged packaging and are easy to use and maintain. The major application areas, which are prone to using smart sensors are structural monitoring to detect damages in the industry and geographical mapping to detect minerals or presence of tunnels.”

According to the report, one of the major drivers for this market is Growing implication of MEMS and NEMS in the industries. MEMS (micro-electromechanical systems) and NEMS (nanoelectromechanical systems) integrated with photoelectric sensors are devices with high sensitivity to different stimuli, such as temperature, pressure, or the presence of an obstruction. Thus, they are widely used in sensors in portable devices. These technologies will support to build extremely small sensor systems that can impart artificial intelligence in all human-machine interface devices.

Further, the report states that one of the major factors hindering the growth of this market is High-cost of fiber optic sensors. The rising trend of smart factories and smart infrastructure has highly influenced the use of fiber-optic sensors owing to their capability of detecting a change in position, deformities, and inclinations. Factors like operating over large dynamic ranges, immunity from electromagnetic interference, and passive operation electrically add to the necessity of fiber optic sensors.

Companies Mentioned

Banner, Baumer Group, OMRON, Pepperl+Fuchs, SICK, Balluff, Eaton, Fargo Controls, ifm, KEYENCE, Panasonic, Rockwell Automation, Schneider Electric, and Turck.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Types of proximity sensors
  • Market landscape
    • Market overview
      • Table Global photoelectric sensors market segmentation
      • Table Global photoelectric sensors market 2016-2021 ($ millions)
      • Table Applications of photoelectric sensors
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Market overview
      • Table Global photoelectric sensors market by technology 2016 and 2021 (% share)
    • Global reflective photoelectric sensors market
      • Table Global reflective photoelectric sensors market 2016-2021 ($ millions)
      • Table Advantages and disadvantages of the reflective photoelectric sensors
    • Global through beam photoelectric sensors market
      • Table Global through beam photoelectric sensors market 2016-2021 ($ millions)
      • Table Advantages and disadvantages of the through beam photoelectric sensors
    • Global diffuse photoelectric sensors market
      • Table Global diffuse photoelectric sensors market 2016-2021 ($ millions)
      • Table Advantages and disadvantages of the diffuse photoelectric sensors
  • Market segmentation by end-user
    • Market overview
      • Table Global photoelectric sensors market by end-users 2016 and 2021 (% share)
    • Global photoelectric sensors market in process industries
      • Table Global photoelectric sensors market in process industries 2016-2021 ($ millions)
      • Table Application areas of photoelectric sensors in food and beverages industry
      • Table Application of photoelectric sensors in oil and gas industry
      • Table Application of photoelectric sensor in power industry
      • Table Application areas of photoelectric sensors in metal industries
    • Global photoelectric sensors market in discrete industries
      • Table Global photoelectric sensors market in discrete industries 2016-2021 ($ millions)
      • Table Application areas of photoelectric sensors in automotive industry
      • Table Application areas of photoelectric sensors in electronics and semiconductor industries
  • Geographical segmentation
    • Market overview
      • Table Global photoelectric sensors market by geography 2016 and 2021 (% share)
      • Table Impact of the end-users on the growth rate of the geographical regions 2017-2021
    • Photoelectric sensors market in Americas
      • Table Photoelectric sensors market in Americas 2016-2021 ($ millions)
      • Table Performance of photoelectric sensors market in Americas
    • Photoelectric sensors market in EMEA
      • Table Photoelectric sensors market in EMEA 2016-2021 ($ millions)
      • Table Performance of photoelectric sensors market in EMEA
    • Photoelectric sensors market in APAC
      • Table Photoelectric sensors market in APAC 2016-2021 ($ millions)
      • Table Performance of photoelectric sensors market in APAC
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Application of MEMS and NEMS
    • Market challenges
      • Table Advantages of fiber optic photoelectric sensors
  • Market trends
    • Emergence of integrated smart sensors
      • Table Application of smart sensors
    • Increasing use of collaborative robots
      • Table Benefits of collaborative robots
    • Implementing proximity sensors for automated warehouse safety
      • Table Application of photoelectric sensors in automated warehouses
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Banner
      • Table Banner: Industry segments
      • Table Banner: Product segments
      • Table Banner: Photoelectric sensors product portfolio
    • Baumer Group
      • Table Baumer: Industry segments
      • Table Baumer Group: Product application areas
      • Table Baumer Group: Photoelectric sensors product portfolio
    • OMRON
      • Table OMRON: Product segments
      • Table OMRON: Photoelectric sensors product portfolio
    • Pepperl+Fuchs
      • Table Pepperl+Fuchs: Industry segments
      • Table Pepperl+Fuchs: Product segments
      • Table Pepperl+Fuchs: Photoelectric sensors product portfolio
    • SICK
      • Table SICK: Industry segments
      • Table SICK: Product segments
      • Table SICK: Photoelectric sensors product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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