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The global color detection sensors market size reached approximately USD 2.18 billion in 2023. The market is further projected to grow at a CAGR of 7.3% between 2024 and 2032, reaching a value of USD 4.08 billion by 2032.
Color detection sensors refer to sensors that respond to color by generating a voltage that is directly proportional to the detected color. These sensors can categorise the colors into green, red, or blue and are equipped with filters to reject unwanted ultraviolet and infrared lights.
On the basis of type, the market is divided into RGB sensor, printed mark sensor, molecular luminescence sensor, contrast sensor, and brightness sensor, among others. Based on end use, the market is classified into automotive, chemical, factory automation, food and beverage, medical, and textile, among others. On the basis of region, the color detection sensors market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
RGB sensors are expected to account for a significant color detection sensors market share owing to their cost-efficient nature. These active color detection sensors emit light and determine the color of the object by measuring the reflected light. The level of accuracy offered by RGB sensors is far greater as opposed to their counterparts. Additionally, the ability of the RGB sensors to complete more complex tasks such as color identification and sorting are further supporting the segment growth.
North America is anticipated to account for a significant share of the market in the coming years. This growth can be attributed to the expansion of the oil and gas, automotive, and power sectors in the region and rising requirement for industrial automation. The growth of the food and beverage sector is also boosting the color detection sensors market demand as these sensors are used for monitoring the quality of the meat products as well as in coffee production for determining the ideal roasting time for coffee beans.
Panasonic Corporation, headquartered in Osaka, Japan, is an electrical, appliance, and electronics manufacturing company known for providing a wide range of products including color detection sensors, integrated solutions across foodservice sector, and personal care products, among others.
Jenoptik AG is an electrical, electronics, and appliances manufacturing company that was found in 1991 and is headquartered in Jena, Germany. The company specialises in color detection sensors, digital imaging, laser processing, and smart manufacturing, among others.
SICK AG is a leading manufacturer of sensors for industrial applications. The sensor intelligence and application solutions provided by the company aid in the creation of basis for controlling processes in an efficient and secure manner to prevent accidents and damage to the environment.
Other color detection sensors market key players include ams-OSRAM AG, OMRON Corporation, Datalogic S.p.A, Keyence Corporation, EMX Industries Inc., ASTECH Angewandte Sensortechnik GmbH, Banner Engineering Corp., and SensoPart Industriesensorik GmbH, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by End Use |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 2.18 billion in 2023.
The market is projected to grow at a CAGR of 7.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 4.08 billion by 2032.
The major market drivers include expansion of the food and beverage sector and rising requirement by the automotive sector.
The key trends fuelling the growth of the market include rising requirement from the textile sector and increasing industrial automation.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of color detection sensors include automotive, chemical, factory automation, food and beverage, medical, and textile, among others.
The key players in the market are Panasonic Corporation, Jenoptik AG, SICK AG, ams-OSRAM AG, OMRON Corporation, Datalogic S.p.A, Keyence Corporation, EMX Industries Inc., ASTECH Angewandte Sensortechnik GmbH, Banner Engineering Corp., and SensoPart Industriesensorik GmbH, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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