Photoelectric sensors are increasingly being used in the industrial sector where they are used for detecting position misalignments. The sensors are placed at predetermined locations through which the placement of a product can be measured and see if it has been placed properly or not. Based on the data from the sensors, the information is transmitted to the necessary positioning equipment which can make corrections. Other factors such as the increasing adoption of digital network technology is increasing the market attractiveness for photoelectric sensors.
The APAC region is expected to have a high contribution to the overall market considering that the automation and manufacturing industries will be the key adopters of this product. The increasing growth of automation across the automotive, food & beverages, and process industries is a key driver for the photoelectric sensor market. Nanotechnology has also created new opportunities for the photoelectric sensor market. The sensors themselves are used to improve the productivity of manufacturing set-ups as the data gathered by the sensors can be collated and acted upon immediately. One of the drawbacks however is the high price of the photoelectric component for the sensor itself.
The photoelectric sensors market in Europe is expected to grow at a stable rate. The key driver in the region is the increasing investments on R&D coupled with the number of manufacturing industries in the region, although is not as high as that in the APAC region.
In terms of technology the market has been divided into the following Retro-reflective, Diffuse and Through Beam. The Photoelectric sensors market has also been segmented by the following types Proximity photoelectric sensor, Fiber optic photoelectric sensor and Others. The Photoelectric sensors market has also been segmented by the following applications Parking facilities, Elevators, Building Automation, Semiconductor Device, Packaging machines and Others. The Photoelectric sensors market has also been segmented by the following geographies Americas, APAC, Europe and ROW.
Following are just a few of the companies that are operating in the Photoelectric sensors market
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2. Executive Summary
3. Photoelectric Sensors – Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Photoelectric Sensors – Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Photoelectric Sensors Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Photoelectric Sensors – Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Photoelectric Sensors Market– By Technology
6.2. Diffuse and Through Beam
7. Photoelectric Sensors Market – By Type
7.1. Proximity photoelectric sensor
7.2. Fiber optic photoelectric sensors
8. Photoelectric Sensors Market - By Application
8.1. Parking facilities
8.3. Building Automation
8.4. Semiconductor Device
8.5. Packaging machines
9. Photoelectric Sensors Market– By Geography:
9.1. Global Study
9.2.1. North America
10. Market Entropy
10.1. New Product Launches
10.2. M&As, Collaborations, JVs and Partnerships
11. Company Profiles
11.1. Autonics Corporation
11.2. Avago Corporation
11.3. Balluff Inc.
11.4. Baumer Group
11.5. Eaton Corporation PLC
11.6. IFM Electronic Ltd
11.7. Keyence Corporation
11.8. Omron Corporation
11.9. Panasonic Corporation
11.10. Rockwell Automation Inc.
11.11. Schneider Electric SE
11.12. SICK AG
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
12.3. Research Methodology
12.5. Compilation of Expert Insights