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Global Photoelectric Sensor Market: By Technology: Thru-Beam, Retro-Reflective, Diffused; By Type; By Material; By Spectrum; By Output; By Range; By Application; By Industry Vertical; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Photoelectric Sensor Market Outlook
The global photoelectric sensor market attained a value of about USD 1.6 billion in 2020. The market is further expected to grow at a CAGR of 7.4% during the forecast period of 2023-2028 to reach approximately USD 2.5 billion by 2026.
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Rising Deployment of Photoelectric Sensors Across Industry Verticals to Augment the Market Growth
The global market for photoelectric sensors is being driven by the emerging trends encouraging automation across various industry verticals. Photoelectric sensors are able to detect objects of different materials and sizes and are hence deployed in the industrial sector to achieve efficiency and accuracy. The food and beverage segment is one of the largest end use sectors of photoelectric sensors. This can be attributed to the growing focus towards automation by minimising human intervention in material handling and packaging.
Photoelectric sensors for bottle-cap alignment and orientation, counting packed objects in a conveyor belt, and eliminating the risk of contamination that may arise from the human touch are the various factors that are significantly boosting the food and beverage sector, thereby propelling the market growth of photoelectric sensor. In addition to this, the rising adoption of photoelectric sensors in logistics automation that rely on position and object-sensing for efficient and safe operations is further catalysing the market growth of photoelectric sensor.
Photoelectric Sensor: Market Segmentation
A photoelectric sensor refers to a device that detects a change in light intensity. These sensors are made up of a light source (LED), a receiver (phototransistor), a signal converter and an amplifier. The phototransistor, along with the LED, analyses incoming light and appropriately delivers an output.
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The market, based on technology, can be divided into:
- Thru-Beam
- Retro-Reflective
- Diffused
On the basis of type, the market can be segmented into:
- Laser Photoelectric Sensor
- Fibre Optics Photoelectric Sensor
The market, based on material, can be classified into:
- Metal
- Plastic
Based on spectrum, the market can be categorised into:
- Infrared
- Visible
- Ultraviolet
The market division based on output are:
- Analogue
- Digital
On the basis of range, the market can be segmented into:
- Less Than 100 mm
- 100 - 1,000 mm
- 1,000 - 10,000 mm
- More Than 10,000 mm
The market, based on application, can be divided into:
- Safety
- Edge Detection
- Film Thickness Detection
- Height and Level Measurement
- Position Detection
- Others
On the basis of industry vertical, the market can be categorised into:
- Consumer Electronics
- Aerospace and Defence
- Automotive
- Food and Beverages
- Healthcare
- Others
The EMR report looks into the regional markets of photoelectric sensor like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The Emergence of Self Driven Cars to Bolster the Market Growth of Photoelectronic Sensor
The growth in the market for photoelectric sensor is anticipated to be driven by the gradual shift towards automation in the automotive industry. The emergence of electric vehicles and self-driven cars are augmenting the demand for photoelectric sensors for the manufacturing of these vehicles, thereby propelling the market growth. During the assembly process, photoelectric sensors are used to monitor the transportation of individual components down the production line, which assists in diminishing the risk of human error.
Additionally, photoelectric sensors are used in automatic cars for measuring distance and evaluating the position of objects, such as pedestrians or traffic lights, by ensuring the safety of the driver as well as the objects outside the vehicle. Thus, the flourishing automotive industry with the development of new technologies is expected to be a key driving factor for the market growth of photoelectric sensor over the forecast period.
Key Industry Players in the Global Photoelectric Sensor Market
The report presents a detailed analysis of the following key players in the global photoelectric sensor market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- OMRON Corporation
- Autonics Corporation
- Panasonic Corporation
- KEYENCE CORPORATION
- Rockwell Automation, Inc
- SICK AG
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Type, Material, Spectrum, Output, Range, Application, Industry Vertical, Region |
| Breakup by Technology | Thru-Beam, Retro-Reflective, Diffused |
| Breakup by Type | Laser Photoelectric Sensor, Fibre Optics Photoelectric Sensor |
| Breakup by Material | Metal, Plastic |
| Breakup by Spectrum | Infrared, Visible, Ultraviolet |
| Breakup by Output | Analogue, Digital |
| Breakup by Range | Less Than 100 mm, 100 - 1,000 mm, 1,000 - 10,000 mm, More Than 10,000 mm, |
| Breakup by Application | Safety, Edge Detection, Film Thickness Detection, Height and Level Measurement, Position Detection, Others |
| Breakup by Industry Vertical | Consumer Electronics, Aerospace and Defence, Automotive, Food and Beverages, Healthcare, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | OMRON Corporation, Autonics Corporation, Panasonic Corporation, KEYENCE CORPORATION, Rockwell Automation, Inc., SICK AG, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Photoelectric Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Photoelectric Sensor Historical Market (2018-2022)
8.3 Global Photoelectric Sensor Market Forecast (2023-2028)
8.4 Global Photoelectric Sensor Market by Technology
8.4.1 Thru-Beam
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Retro-Reflective
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Diffused
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Photoelectric Sensor Market by Type
8.5.1 Laser Photoelectric Sensor
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Fibre Optics Photoelectric Sensor
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Photoelectric Sensor Market by Material
8.6.1 Metal
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Plastic
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Photoelectric Sensor Market by Spectrum
8.7.1 Infrared
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Visible
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Ultraviolet
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.8 Global Photoelectric Sensor Market by Output
8.8.1 Analogue
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Digital
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.9 Global Photoelectric Sensor Market by Range
8.9.1 Less Than 100 mm
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2022)
8.9.1.3 Forecast Trend (2023-2028)
8.9.2 100 - 1,000 mm
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2022)
8.9.2.3 Forecast Trend (2023-2028)
8.9.3 1,000 - 10,000 mm
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2018-2022)
8.9.3.3 Forecast Trend (2023-2028)
8.9.4 More Than 10,000 mm
8.9.4.1 Market Share
8.9.4.2 Historical Trend (2018-2022)
8.9.4.3 Forecast Trend (2023-2028)
8.10 Global Photoelectric Sensor Market by Application
8.10.1 Safety
8.10.1.1 Market Share
8.10.1.2 Historical Trend (2018-2022)
8.10.1.3 Forecast Trend (2023-2028)
8.10.2 Edge Detection
8.10.2.1 Market Share
8.10.2.2 Historical Trend (2018-2022)
8.10.2.3 Forecast Trend (2023-2028)
8.10.3 Film Thickness Detection
8.10.3.1 Market Share
8.10.3.2 Historical Trend (2018-2022)
8.10.3.3 Forecast Trend (2023-2028)
8.10.4 Height and Level Measurement
8.10.4.1 Market Share
8.10.4.2 Historical Trend (2018-2022)
8.10.4.3 Forecast Trend (2023-2028)
8.10.5 Position Detection
8.10.5.1 Market Share
8.10.5.2 Historical Trend (2018-2022)
8.10.5.3 Forecast Trend (2023-2028)
8.10.6 Others
8.11 Global Photoelectric Sensor Market by Industry Vertical
8.11.1 Consumer Electronics
8.11.1.1 Market Share
8.11.1.2 Historical Trend (2018-2022)
8.11.1.3 Forecast Trend (2023-2028)
8.11.2 Aerospace and Defence
8.11.2.1 Market Share
8.11.2.2 Historical Trend (2018-2022)
8.11.2.3 Forecast Trend (2023-2028)
8.11.3 Automotive
8.11.3.1 Market Share
8.11.3.2 Historical Trend (2018-2022)
8.11.3.3 Forecast Trend (2023-2028)
8.11.4 Food and Beverages
8.11.4.1 Market Share
8.11.4.2 Historical Trend (2018-2022)
8.11.4.3 Forecast Trend (2023-2028)
8.11.5 Healthcare
8.11.5.1 Market Share
8.11.5.2 Historical Trend (2018-2022)
8.11.5.3 Forecast Trend (2023-2028)
8.11.6 Others
8.12 Global Photoelectric Sensor Market by Region
8.12.1 North America
8.12.1.1 Market Share
8.12.1.2 Historical Trend (2018-2022)
8.12.1.3 Forecast Trend (2023-2028)
8.12.2 Europe
8.12.2.1 Market Share
8.12.2.2 Historical Trend (2018-2022)
8.12.2.3 Forecast Trend (2023-2028)
8.12.3 Asia Pacific
8.12.3.1 Market Share
8.12.3.2 Historical Trend (2018-2022)
8.12.3.3 Forecast Trend (2023-2028)
8.12.4 Latin America
8.12.4.1 Market Share
8.12.4.2 Historical Trend (2018-2022)
8.12.4.3 Forecast Trend (2023-2028)
8.12.5 Middle East and Africa
8.12.5.1 Market Share
8.12.5.2 Historical Trend (2018-2022)
8.12.5.3 Forecast Trend (2023-2028)
9 North America Photoelectric Sensor Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Photoelectric Sensor Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Photoelectric Sensor Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Photoelectric Sensor Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Photoelectric Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 OMRON Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Autonics Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Panasonic Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 KEYENCE CORPORATION
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Rockwell Automation, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 SICK AG
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Photoelectric Sensor Market: Key Industry Highlights, 2018 and 2028
2. Global Photoelectric Sensor Historical Market: Breakup by Technology (USD Billion), 2018-2022
3. Global Photoelectric Sensor Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4. Global Photoelectric Sensor Historical Market: Breakup by Type (USD Billion), 2018-2022
5. Global Photoelectric Sensor Market Forecast: Breakup by Type (USD Billion), 2023-2028
6. Global Photoelectric Sensor Historical Market: Breakup by Material (USD Billion), 2018-2022
7. Global Photoelectric Sensor Market Forecast: Breakup by Material (USD Billion), 2023-2028
8. Global Photoelectric Sensor Historical Market: Breakup by Spectrum (USD Billion), 2018-2022
9. Global Photoelectric Sensor Market Forecast: Breakup by Spectrum (USD Billion), 2023-2028
10. Global Photoelectric Sensor Historical Market: Breakup by Output (USD Billion), 2018-2022
11. Global Photoelectric Sensor Market Forecast: Breakup by Output (USD Billion), 2023-2028
12. Global Photoelectric Sensor Historical Market: Breakup by Range (USD Billion), 2018-2022
13. Global Photoelectric Sensor Market Forecast: Breakup by Range (USD Billion), 2023-2028
14. Global Photoelectric Sensor Historical Market: Breakup by Application (USD Billion), 2018-2022
15. Global Photoelectric Sensor Market Forecast: Breakup by Application (USD Billion), 2023-2028
16. Global Photoelectric Sensor Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2022
17. Global Photoelectric Sensor Market Forecast: Breakup by Industry Vertical (USD Billion), 2023-2028
18. Global Photoelectric Sensor Historical Market: Breakup by Region (USD Billion), 2018-2022
19. Global Photoelectric Sensor Market Forecast: Breakup by Region (USD Billion), 2023-2028
20. North America Photoelectric Sensor Historical Market: Breakup by Country (USD Billion), 2018-2022
21. North America Photoelectric Sensor Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Europe Photoelectric Sensor Historical Market: Breakup by Country (USD Billion), 2018-2022
23. Europe Photoelectric Sensor Market Forecast: Breakup by Country (USD Billion), 2023-2028
24. Asia Pacific Photoelectric Sensor Historical Market: Breakup by Country (USD Billion), 2018-2022
25. Asia Pacific Photoelectric Sensor Market Forecast: Breakup by Country (USD Billion), 2023-2028
26. Latin America Photoelectric Sensor Historical Market: Breakup by Country (USD Billion), 2018-2022
27. Latin America Photoelectric Sensor Market Forecast: Breakup by Country (USD Billion), 2023-2028
28. Middle East and Africa Photoelectric Sensor Historical Market: Breakup by Country (USD Billion), 2018-2022
29. Middle East and Africa Photoelectric Sensor Market Forecast: Breakup by Country (USD Billion), 2023-2028
30. Global Photoelectric Sensor Market Structure
Key Questions Answered in the Report
The global photoelectric sensor market attained a value of nearly USD 1.6 billion in 2020.
The market is projected to grow at a CAGR of 7.4% in the forecast period of 2023-2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 2.5 billion by 2026.
The industry is being driven by rising trends towards automation across various industry sectors to achieve increased efficiency and accuracy and minimise the risk of human errors.
The market growth is expected to be driven by the use of photoelectric sensors in self driven cars for accurate detection and measurement of distance.
The major regional markets for photoelectric sensor are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different technologies of photoelectronic sensor are thru-beam, retro-reflective, and diffused.
The various types of photoelectric sensors are laser photoelectric sensor and fibre optics photoelectric sensor.
The different materials of photoelectric sensors are metal and plastic.
The major kinds of spectrum are infrared, visible, and ultraviolet.
Analogue and digital are the significant outputs of photoelectric sensors.
The major ranges of photoelectric sensors are less than 100 mm, 100 - 1,000 mm, 1,000 - 10,000 mm, and more than 10,000 mm.
The significant applications of photoelectric sensors are safety, edge detection, film thickness detection, height and level measurement, and position detection, among others.
The different industry verticals of photoelectric sensors are consumer electronics, aerospace and defence, automotive, food and beverages, and healthcare, among others.
The major players in the industry are OMRON Corporation, Autonics Corporation, Panasonic Corporation, KEYENCE CORPORATION, Rockwell Automation, Inc, and SICK AG, among others.
Analyst Review
The global photoelectric sensor market attained a value of about USD 1.6 billion in 2020, driven by the ongoing automation in logistics and packaging sectors. Aided by the rising deployment of photoelectric sensors in automotive sector, the market is expected to grow at a CAGR of 7.4% in the forecast period of 2023-2028 to reach nearly USD 2.5 billion by 2026.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on technology, the market can be divided into thru-beam, retro-reflective, and diffused. On the basis of type, the market can be segmented into laser photoelectric sensor and fibre optics photoelectric sensor. The market, based on material, can be categorised into metal and plastic. On the basis of spectrum, the market can be categorised into infrared, visible, and ultraviolet. The market, based on output, can be classified into analogue and digital. Based on range, the market segmentations include less than 100 mm, 100 - 1,000 mm, 1,000 - 10,000 mm, and more than 10,000 mm. Based on applications, the market can be divided into safety, edge detection, film thickness detection, height and level measurement, and position detection, among others. The market divisions based on industry vertical are consumer electronics, aerospace and defence, automotive, food and beverages, and healthcare, among others. The major regional markets for photoelectric sensors are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are OMRON Corporation, Autonics Corporation, Panasonic Corporation, KEYENCE CORPORATION, Rockwell Automation, Inc, and SICK AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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