Press release
Global photoelectric sensors market to grow at a CAGR of 8.08% during the period 2017-2021
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Description
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.
Technavios 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?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by technology
Market overview
Global reflective photoelectric sensors market
Global through beam photoelectric sensors market
Global diffuse photoelectric sensors market
PART 07: Market segmentation by end-user
Market overview
Global photoelectric sensors market in process industries
Global photoelectric sensors market in discrete industries
PART 08: Geographical segmentation
Market overview
Photoelectric sensors market in Americas
Photoelectric sensors market in EMEA
Photoelectric sensors market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
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PART 11: Market trends
Emergence of integrated smart sensors
Increasing use of collaborative robots
Implementing proximity sensors for automated warehouse safety
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
Banner
Baumer Group
OMRON
Pepperl+Fuchs
SICK
PART 14: Appendix
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