Industrial Automation Distance Measurement Sensor Market by Coronavirus-COVID19 Impact Analysis With Top Manufacturers Analysis | Top Players: SICK AG, Omron, Pepperl+Fuchs, Baumer

The Global Industrial Automation Distance Measurement Sensor Market Research Report Forecast 2020 - 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Industrial Automation Distance Measurement Sensor market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global distance measurement sensor market valued around $2.5 billion in the year 2020 and is expected to grow at approximately, CAGR 2% during 2020-2025.

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Top Key Players in the Global Industrial Automation Distance Measurement Sensor Market: SICK AG, Omron, Pepperl+Fuchs, Baumer, Banner Engineering and others.

The industrial automation distance measurement sensor market is segmented by sensor type, measurement principle, operating spectrum, application, end-user and geography. The laser diode sensor segment is estimated to acquire the highest market share valuing in excess of $600m in 2020 owing to the prominent adoption of these sensors for automated inspection applications across various industries

What is the distance measurement sensor?
Distance measurement sensors calculate the distance between the sensor and the object through various techniques such as Time-of-Flight (TOF), thru-beam sensing, retro-reflective sensing, change in capacitance, inductance and so on. Laser triangulation techniques such as retro-reflective and through-beam sensing involve measurement of the angle between projected and reflected light to calculate the distance of the object. The time-of-Flight technique involves the measurement of travel time of the light, sonic, or radio waves from the source to the object to generate the results. RADAR based distance measurement sensors are now gradually penetrating the industrial automation sector owing to its ability to measure large distances and independence on the ambient environment or surface finish of the object. Confocal chromatic displacement measurement is an advanced non-contact distance measurement technique involving the assessment of change in white or infrared light spectral parameters in the reflected beam to obtain the distance reading. This market is estimated to witness prominent growth in excess of CAGR 4% during 2020-2025 owing to its ability for high precision measurement at high speeds irrespective of surface condition.

What are the major applications for Distance Measurement Sensors in Industrial Automation?
The various applications included in the report scope includes safety and people detection, contour and edge detection, counting, film thickness detection, height and level measurement, anti-collision, orientation or position detection and so on. These are the major applications of industrial automation, distance measurement sensors across various end-user industries such as food and beverage, automotive, semiconductor and electronics, oil and gas, logistics and warehousing, metal processing, agriculture, chemicals, textile, pharmaceutical and so on.
The gradual increase in industrial robots in assembly lines of the automotive, semiconductor and electronics sector to cope up with the booming demand of the end products is driving the adoption of these sensors into that equipment for automated inspection at high speed and accuracy. Apart from that global increase in the demand for automated storage and retrieval systems, AGVs and other material handling systems for high speed and high volume warehousing is also set to assist the market growth in the future
Market Research and Market Trends of Industrial Automation Distance Measurement Sensors
The growing prominence of precision farming in the agricultural sector is resulting in the gradual increase in the incorporation of various types of sensors for controlling boom heights on autonomous harvesters and tillage equipment, monitor silo level and remote tank and so on. This automated farming equipment detects the height and position of the crops or vegetables through these sensors and adjusts the harvester's boom accordingly without any human intervention. Further, the insecticide and pesticide spraying machinery are also using these sensors to detect the presence of the crops, disburse the chemicals precisely thereby reducing wastage.

Dual-mode laser measurement sensors are now being used for various distance measurement applications in industrial applications. These sensors not only feature distance measurement but also detect the changes in the intensity of light, which allows the parent system to detect even clear or transparent objects which conventional ones miss. Apart from this, the distance measurement sensors are being incorporated with the IO-link communication interface featuring bidirectional exchange of data. This IO-Link communication avails quick access as well as long term access for calculation of Overall Equipment Effectiveness (OEE) and predictive analysis of the systems.
Osram Licht AG recently acquired Vixar, an expert in Vertical Cavity Surface Emitting Laser (VCSEL) to target distance measurement applications in the industrial sector as well, apart from exploring its gesture recognition application in the medical and automotive sector
Sick AG recently launched laser-based long-range distance sensors for use in harsh environmental conditions such as dust, smoke, bad weather conditions and so on. These sensors are suitable for collision avoidance and position control of cranes, non-contact measurements in metal processing and so on.
Recently, scientists from Fraunhofer IAF have designed a compact W-band RADAR sensor module for various high precision industrial distance sensing applications such as screening packaged products, in harsh environmental conditions such as dust, fog, smoke and so on. The product has been analyzed to witness significant potential in printing and packaging applications.

Regional Analysis for Market:

For a comprehensive understanding of market dynamics, the global Industrial Automation Distance Measurement Sensor market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

This Industrial Automation Distance Measurement Sensor Market statistical surveying report underlines the leading merchants in this market everywhere throughout the world. This sector of the report includes market depictions, requirements, and product portrayals, manufacture, competence, contact figures, cost, and revenue. In a comparable way, automated gathering, upstream raw materials, and downstream demand studies are administered.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Industrial Automation Distance Measurement Sensor Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, the Industrial Automation Distance Measurement Sensor Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate, and figure and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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