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PUBLISHER: IMARC | PRODUCT CODE: 1390649

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PUBLISHER: IMARC | PRODUCT CODE: 1390649

Laser Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global laser sensor market size reached US$ 663.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,197.2 Million by 2028, exhibiting a growth rate (CAGR) of 10.35% during 2022-2028.

A laser sensor is an electrical device used for sensing the precise location of objects. It is a self-contained, pinpoint laser emitter that produces light in a straight line, which is reflected into the receiver for contactless measurement. Some commonly available laser sensors include charge-coupled devices (CCD), complementary metal-oxide semiconductor (CMOS), photoelectric sensors and positive sensitive detectors. Laser sensors offer various benefits, including high reliability, accuracy, sensitivity and control with minimal deviation. They are used for stamping, engraving and various manufacturing applications, such as laser manufacturing, 3D imaging and sensing, material processing and micromachining. They also find extensive application for material height and thickness measurement, weld gap detection, train and railroad inspection and crane positioning.

Laser Sensor Market Trends:

The increasing requirement for automation across industries, such as manufacturing, aviation, construction and automotive, is one of the key factors driving the growth of the market. Laser sensors are widely used for manufacturing plant automation and management, security, surveillance and motion and guidance. Moreover, the widespread adoption of miniaturized sensors is providing a thrust to the market growth. For instance, laser sensors are installed in the Light Detection and Ranging (LIDAR) systems of automobiles for the detection of objects and mapping the distances. Additionally, various technological advancements, such as the integration of laser sensors with the Industrial Internet of Things (IIoT) and artificial intelligence (AI) solutions, are acting as other growth-inducing factors. These innovative sensors are widely used in the food and beverage industry for screening assembly lines and maintaining consistent food standards of processed food products. Other factors, including the increasing adoption of smart manufacturing practices, along with rapid industrialization, especially in the developing economies, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global laser sensor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, component, application and end user.

Breakup by Type:

Compact

Ultra-Compact

Breakup by Component:

Hardware and Software

Services

Breakup by Application:

Security and Surveillance

Motion and Guidance

Process Monitoring and Quality Control

Distance Measurement

Manufacturing Plant Management

Others

Breakup by End User:

Automotive

Aerospace and Defense

Food and Beverages

Consumer Electronics

Chemical

Healthcare

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Baumer Electric AG, First Sensor AG (TE Connectivity Ltd.), IFM Electronic GmbH, Keyence Corporation, Laser Technology Inc., Micro-Epsilon Messtechnik GmbH & Co. KG, MTI Instruments Inc. (Mechanical Technology Incorporated), OMRON Corporation, Optex Co. Ltd., Panasonic Corporation, Rockwell Automation Inc., Schmitt Industries Inc and SmartRay GmbH.

Key Questions Answered in This Report:

  • How has the global laser sensor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global laser sensor market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global laser sensor market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR112023A4465

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Laser Sensor Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Compact
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Ultra-Compact
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Component

  • 7.1 Hardware and Software
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Services
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Security and Surveillance
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Motion and Guidance
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Process Monitoring and Quality Control
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Distance Measurement
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Manufacturing Plant Management
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by End User

  • 9.1 Automotive
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Aerospace and Defense
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Food and Beverages
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Consumer Electronics
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Chemical
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Healthcare
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast
  • 9.7 Others
    • 9.7.1 Market Trends
    • 9.7.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Baumer Electric AG
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 First Sensor AG (TE Connectivity Ltd.)
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
    • 15.3.3 IFM Electronic GmbH
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Keyence Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 Laser Technology Inc.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Micro-Epsilon Messtechnik GmbH & Co. KG
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 MTI Instruments Inc. (Mechanical Technology Incorporated)
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
    • 15.3.8 OMRON Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Optex Co. Ltd.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
    • 15.3.10 Panasonic Corporation
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Rockwell Automation Inc.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Schmitt Industries Inc
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
    • 15.3.13 SmartRay GmbH
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio
Product Code: SR112023A4465

List of Figures

  • Figure 1: Global: Laser Sensor Market: Major Drivers and Challenges
  • Figure 2: Global: Laser Sensor Market: Sales Value (in Million US$), 2017-2022
  • Figure 3: Global: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 4: Global: Laser Sensor Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Laser Sensor Market: Breakup by Component (in %), 2022
  • Figure 6: Global: Laser Sensor Market: Breakup by Application (in %), 2022
  • Figure 7: Global: Laser Sensor Market: Breakup by End User (in %), 2022
  • Figure 8: Global: Laser Sensor Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Laser Sensor (Compact) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Laser Sensor (Compact) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Laser Sensor (Ultra-Compact) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Laser Sensor (Ultra-Compact) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Laser Sensor (Hardware and Software) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Laser Sensor (Hardware and Software) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Laser Sensor (Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Laser Sensor (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Laser Sensor (Security and Surveillance) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Laser Sensor (Security and Surveillance) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Laser Sensor (Motion and Guidance) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Laser Sensor (Motion and Guidance) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Laser Sensor (Process Monitoring and Quality Control) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Laser Sensor (Process Monitoring and Quality Control) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Laser Sensor (Distance Measurement) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Laser Sensor (Distance Measurement) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Laser Sensor (Manufacturing Plant Management) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Laser Sensor (Manufacturing Plant Management) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Laser Sensor (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Laser Sensor (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Laser Sensor (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Laser Sensor (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Laser Sensor (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Laser Sensor (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Laser Sensor (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Laser Sensor (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Laser Sensor (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Laser Sensor (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Laser Sensor (Chemical) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Laser Sensor (Chemical) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Laser Sensor (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Laser Sensor (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Global: Laser Sensor (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Global: Laser Sensor (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: North America: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: North America: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: United States: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: United States: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Canada: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Canada: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Asia-Pacific: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Asia-Pacific: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: China: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: China: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Japan: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Japan: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: India: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: India: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: South Korea: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: South Korea: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Australia: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Australia: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Indonesia: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Indonesia: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Others: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Others: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Europe: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Europe: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Germany: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Germany: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: France: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: France: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: United Kingdom: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: United Kingdom: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Italy: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Italy: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Spain: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Spain: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Russia: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Russia: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Others: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Others: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Latin America: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Latin America: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Brazil: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Brazil: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Mexico: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Mexico: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Others: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Others: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Middle East and Africa: Laser Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Middle East and Africa: Laser Sensor Market: Breakup by Country (in %), 2022
  • Figure 91: Middle East and Africa: Laser Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 92: Global: Laser Sensor Industry: SWOT Analysis
  • Figure 93: Global: Laser Sensor Industry: Value Chain Analysis
  • Figure 94: Global: Laser Sensor Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Laser Sensor Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Laser Sensor Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Laser Sensor Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 4: Global: Laser Sensor Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Laser Sensor Market Forecast: Breakup by End User (in Million US$), 2023-2028
  • Table 6: Global: Laser Sensor Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Laser Sensor Market: Competitive Structure
  • Table 8: Global: Laser Sensor Market: Key Players
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