Press release
Photoelectric Sensors Global Market (By Technology, By Type, By Application and Others) During the Forecast period 2017 - 2024
Market Research Report
Photoelectric sensors are used to detect the shape, color, distance, absence or presence of a target. Photoelectric sensors are a type of position sensor that uses light emitting diodes as the light source. The sensor comprises a receiver and a light transmitter. The sensor emits light through the transmitter to the target which is then reflected and the light beam is received by the photoelectric receiver, activating the sensor output. The market is primarily driven by increasing application of photoelectric sensors in food and beverage, construction and automotive industries.
Industrial automation is also principally driving the photoelectric sensors market globally. Additionally, the photoelectric sensors in parking facilities are used for the detection of the car positioning and level adjusting at multi-level car parking. High consistency and easy installation of the retro reflective photoelectric sensors is also driving the global photoelectric sensors market. These sensors are used for object detection even with misaligned, heavy soiling, small reflectors and long range.
Growth of photoelectric sensors market is hindered due to the high cost of fiber optic photoelectric sensor. The fiber optic photoelectric sensors are best suited for extreme conditions like extreme heat, hazardous, corrosive and explosive environment. Moreover, it is flexible and can be precisely positioned. However, the demand of fiber optic photoelectric sensor is comparatively low due to high cost factor.
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Major players in this market are Rockwell Automation Inc. (U.S),`Keyence Corporation (Japan), Avago Corporation (Singapore), Panasonic Corporation (Japan), Omron Corporation (Japan), Balluff Inc. (U.S), Schneider Electric SE (France), Baumer Group (Switzerland), Sick AG (Germany), Eaton Corporation PLC (Ireland), Autonics Corporation (South Korea), IFM Electronic Ltd. (Germany) among others.
The global photoelectric sensor market has been segmented as follows:
Global Photoelectric Sensor Market: By Technology
Retro-reflective
Diffuse
Through Beam
Global Photoelectric Sensor Market: By Type
Proximity photoelectric sensor
Fiber Optic photoelectric sensor
Others
Global Photoelectric Sensor Market: By Applications
Parking Facilities
Elevators
Building Automation
Semiconductor Device
Packaging Machines
Others
Global Photoelectric Sensor Market: By Geography
North America
The U.S.
Others
Europe
The UK
Germany
Italy
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