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Global Reflective Photoelectric Sensor Market 2017-2021

Global Reflective Photoelectric Sensor Market 2017-2021

About Reflective Photoelectric Sensor

A photoelectric sensor consists of a transmitter and a receiver. It is one type of position sensor, which uses light-emitting diodes as the light source. It sends lights to the sensing object through the transmitter. This light is then reflected and is received by the receiver, thus initiating the sensor output. Reflective photoelectric sensors are a class of photoelectric sensors where both the transmitter that transmits light and the receiver that receives light are placed in one housing unit.

Technavio’s analysts forecast the global reflective photoelectric sensor market to grow at a CAGR of 7.81% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global reflective photoelectric sensor market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Reflective Photoelectric Sensor 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
  • Broadcom
  • KEYENCE
  • OMRON
  • Panasonic
  • Rockwell Automation
Other prominent vendors
  • Autonics
  • Balluff
  • Banner Engineering
  • Baumer
  • Eaton
  • IFM Electronic
  • Pepperl+Fuchs
  • Schneider Electric
  • Sick
Market driver
  • Growing demand for industrial automation
  • For a full, detailed list, view our report
Market challenge
  • High expense of fiber optic photoelectric sensors
  • For a full, detailed list, view our report
Market trend
  • Growing adoption of nanotechnology
  • 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?


Press Release

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

Technavio recognizes the following companies as the key players in the global reflective photoelectric sensor market: Broadcom, KEYENCE, OMRON, Panasonic, and Rockwell Automation.

Other Prominent Vendors in the market are: Autonics, Balluff, Banner Engineering, Baumer, Eaton, IFM Electronic, Pepperl+Fuchs, Schneider Electric, and Sick.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing adoption of nanotechnology. Nanotechnology involves engineering conducted at a scale of about 1-100 nm. It involves the study of extremely minute things that have applications in various fields of science such as material science, physics, and engineering. The recent developments in nanotechnology have fueled the development of reflective photoelectric sensors.”

According to the report, one driver in the market is growing demand for industrial automation. Industrial automation involves using different technologies and automatic control devices to operate and control the industrial processes automatically. Industrial automation is helping to enhance the production rate in the industries. Industrial automation is expanding the demand for reflective photoelectric sensors globally. Reflective photoelectric sensors are used to detect ferrous and non-ferrous metal and non-metal objects in the industries. In addition, these sensors can identify small-sized objects such as targets less than 1 mm diameter. Reflective photoelectric sensors can identify objects from long distances.

Further, the report states that one challenge in the market is high expense of fiber optic photoelectric sensors. Reflective photoelectric sensors are beneficial in explosive, corrosive, hot, and dangerous environmental conditions. However, one of the major issues hindering the growth of the global reflective photoelectric sensor market is its high cost. The manufacturing cost of these sensors is high as they are developed with advanced features and functionalities. Sometimes, the effective installation of several types of reflective photoelectric sensors requires automation of all the factory operations. In certain cases of retrofit applications, the existing communication lines need to be changed, which is highly capital-intensive. This is hindering the adoption of reflective photoelectric sensors across different sectors.

Companies Mentioned

Broadcom, KEYENCE, OMRON, Panasonic, Rockwell Automation, Autonics, Balluff, Banner Engineering, Baumer, Eaton, IFM Electronic, Pepperl+Fuchs, Schneider Electric, and Sick.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
    • Characteristics of photoelectric sensors
      • Table Benefits of radar sensors
    • Reflective photoelectric sensors
      • Table Retro-reflective photoelectric sensors
      • Table Diffuse-reflective photoelectric sensors
  • Market landscape
    • Market overview
      • Table Global reflective photoelectric sensor market: Overview
    • Market size and forecast
      • Table Global reflective photoelectric sensor market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global reflective photoelectric sensor market by application
      • Table Global reflective photoelectric sensor market by application 2016 (% share of revenue)
      • Table Global reflective photoelectric sensor market by application 2016-2021 (% share of revenue)
    • Global reflective photoelectric sensor market by manufacturing
      • Table Global reflective photoelectric sensor market by manufacturing 2016-2021 ($ millions)
    • Global reflective photoelectric sensor market by food and beverages
      • Table Global reflective photoelectric sensor market by food and beverages 2016-2021 ($ millions)
    • Global reflective photoelectric sensor market by packaging
      • Table Global reflective photoelectric sensor market by packaging 2016-2021 ($ millions)
    • Global reflective photoelectric sensor market by pharmaceuticals
      • Table Global reflective photoelectric sensor market by pharmaceuticals 2016-2021 ($ millions)
    • Global reflective photoelectric sensor market by others
      • Table Global reflective photoelectric sensor market by others 2016-2021 ($ millions)
  • Market segmentation by technology
    • Global reflective photoelectric sensor market by technology
      • Table Global reflective photoelectric sensor market by technology 2016 (% share of revenue)
      • Table Global reflective photoelectric sensor market by technology 2016-2021 (% share of revenue)
    • Global reflective photoelectric sensor market by retro-reflective technology
      • Table Global reflective photoelectric sensor market by retro-reflective technology 2016-2021 ($ millions)
    • Global reflective photoelectric sensor market by diffuse-reflective technology
      • Table Global reflective photoelectric sensor market by diffuse-reflective technology 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global reflective photoelectric sensors market by geography 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • Americas – market size & forecast
      • Table Americas – market size & forecast ($ millions)
      • Table Americas – Year-over-year revenue growth (%)
      • Table Top 3 countries in Americas
    • EMEA – market size & forecast
      • Table EMEA – market size & forecast ($ millions)
      • Table EMEA – Year-over-year revenue growth (%)
      • Table Top 3 countries in EMEA
    • APAC – market size & forecast
      • Table APAC – market size & forecast ($ millions)
      • Table APAC – Year-over-year revenue growth (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing adoption of nanotechnology
    • Increasing implementation of smart reflective photoelectric sensors in different applications
    • Growing use of metallic and lustrous paints in assembly lines
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Broadcom
      • Table Broadcom: Business segmentation 2016 (% share of revenue)
    • KEYENCE
    • OMRON
      • Table OMRON: Business segmentation 2016 (% share of revenue)
    • Panasonic
      • Table Panasonic: Business segmentation 2016 (% share of revenue)
    • Rockwell Automation
      • Table Rockwell Automation: Business segmentation 2016 (% share of revenue)
    • Other prominent vendors
      • Table Other prominent vendors
  • Explore Technavio

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