North America Photoelectric Sensors Market Size, Share & Industry Trends Analysis Report By Technology, By Application (Automotive, Electronics & Semiconductor, Packaging, Military & Aerospace, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Photoelectric Sensors Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 9,466.5 thousand units, showcasing a growth of 5.7% (2019-2022).

A photoelectric sensor is a technical position sensor that detects an object's distance, colour, absence, or presence using an infrared light transmitter and photoelectric receiver. The primary applications of these sensors are industrial, including detecting position misalignments and monitoring conveyor position control and product presence. By enhancing operational efficiency and reducing process time, they effectively improve productivity. The military and defence sectors employ these intelligent sensors for surveillance and security purposes by identifying targets, as they are tolerant of hazardous, filthy environments and long-range measurements and require minimal maintenance. Furthermore, these are implemented in elevator cage detection and automotive detection in parking lots due to their dependability, affordability, and compact size, as well as their extended lifespan and decreased downtime.

Additionally, the photoelectric sensor eliminates the need for external wiring in the circuit. As a result, it remains impervious to potential environmental disturbances, including pollen and mist, which scatter light. Because additional developments in nanotechnology enable precise and high-resolution measurements of distance and position, the market of photoelectric sensors is expected to expand exponentially over the next few years.

According to the Canada Energy Regulator (CER), renewables will reach 12% of total power generation by 2035. Wind is Canada's second-largest source of renewable energy, with an installed capacity of 13,588 MW in 2021, with Ontario (5,436 MW), Quebec (3,882 MW), and Alberta (1,685 MW) the leading provinces. The total solar photovoltaic (PV) power installed capacity was over 2,600 MW 2021. These sensors are utilized in weather monitoring systems at renewable energy sites. These sensors measure various atmospheric parameters, such as ambient light levels, temperature, and humidity. Accurate weather data helps optimize energy production and anticipate fluctuations in renewable energy generation. As a result, these aspects will boost the market growth in the coming years.

The US market dominated the North America Photoelectric Sensors Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $605.1 Million by 2030. The Canada market is experiencing a CAGR of 8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2023 - 2030).

Based on Technology, the market is segmented into Retro-reflective, Diffused, and Thru-beam. Based on Application, the market is segmented into Automotive, Electronics & Semiconductor, Packaging, Military & Aerospace, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., Eaton Corporation Plc., Keyence Corporation, Schneider Electric SE, Autonics Corporation, SICK AG, Balluff GmbH, and IFM Electronic GmbH.

Scope of the Study

Market Segments covered in the Report:

By Technology (Volume, Thousand Units, USD Billion, 2019-2030)

Retro-reflective
Diffused
Thru-beam

By Application (Volume, Thousand Units, USD Billion, 2019-2030)

Automotive
Electronics & Semiconductor
Packaging
Military & Aerospace
Others

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

Omron Corporation
Panasonic Corporation
Rockwell Automation, Inc.
Eaton Corporation Plc.
Keyence Corporation
Schneider Electric SE
Autonics Corporation
SICK AG
Balluff GmbH
IFM Electronic GmbH

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Photoelectric Sensors Market, by Technology
- 1.4.2 North America Photoelectric Sensors Market, by Application
- 1.4.3 North America Photoelectric Sensors Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jul - 2023, Oct) Leading Players
4.4 Porter's Five Forces Analysis

Chapter 5. North America Photoelectric Sensors Market by Technology

5.1 North America Retro-reflective Market by Country
5.2 North America Diffused Market by Country
5.3 North America Thru-beam Market by Country

Chapter 6. North America Photoelectric Sensors Market by Application

6.1 North America Automotive Market by Country
6.2 North America Electronics & Semiconductor Market by Country
6.3 North America Packaging Market by Country
6.4 North America Military & Aerospace Market by Country
6.5 North America Others Market by Country

Chapter 7. North America Photoelectric Sensors Market by Country

7.1 US Photoelectric Sensors Market
- 7.1.1 US Photoelectric Sensors Market by Technology
- 7.1.2 US Photoelectric Sensors Market by Application
7.2 Canada Photoelectric Sensors Market
- 7.2.1 Canada Photoelectric Sensors Market by Technology
- 7.2.2 Canada Photoelectric Sensors Market by Application
7.3 Mexico Photoelectric Sensors Market
- 7.3.1 Mexico Photoelectric Sensors Market by Technology
- 7.3.2 Mexico Photoelectric Sensors Market by Application
7.4 Rest of North America Photoelectric Sensors Market
- 7.4.1 Rest of North America Photoelectric Sensors Market by Technology
- 7.4.2 Rest of North America Photoelectric Sensors Market by Application

Chapter 8. Company Profiles

8.1 Omron Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
8.2 Panasonic Holdings Corporation
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
  - 8.2.5.1 Product Launches and Product Expansions:
- 8.2.6 SWOT Analysis
8.3 Rockwell Automation, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
  - 8.3.5.1 Partnerships, Collaborations, and Agreements:
  - 8.3.5.2 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
8.4 Eaton Corporation PLC
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
  - 8.4.5.1 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
8.5 Keyence Corporation
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
  - 8.5.5.1 Partnerships, Collaborations, and Agreements:
  - 8.5.5.2 Product Launches and Product Expansions:
- 8.5.6 SWOT Analysis
8.6 Schneider Electric SE
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
  - 8.6.5.1 Partnerships, Collaborations, and Agreements:
  - 8.6.5.2 Acquisition and Mergers:
- 8.6.6 SWOT Analysis
8.7 Autonics Corporation
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
8.8 Sick AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 Recent strategies and developments:
  - 8.8.5.1 Partnerships, Collaborations, and Agreements:
- 8.8.6 SWOT Analysis
8.9 Balluff GmbH
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
8.10. IFM Electronics GmbH
- 8.10.1 Company Overview
- 8.10.2 Recent strategies and developments:
  - 8.10.2.1 Partnerships, Collaborations, and Agreements:
- 8.10.3 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 2 North America Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 3 North America Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 4 North America Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 5 Partnerships, Collaborations and Agreements- Photoelectric Sensors Market
TABLE 6 Product Launches And Product Expansions- Photoelectric Sensors Market
TABLE 7 Acquisition and Mergers- Photoelectric Sensors Market
TABLE 8 North America Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 9 North America Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 10 North America Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 11 North America Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 12 North America Retro-reflective Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Retro-reflective Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Retro-reflective Market by Country, 2019 - 2022, Thousand Units
TABLE 15 North America Retro-reflective Market by Country, 2023 - 2030, Thousand Units
TABLE 16 North America Diffused Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Diffused Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Diffused Market by Country, 2019 - 2022, Thousand Units
TABLE 19 North America Diffused Market by Country, 2023 - 2030, Thousand Units
TABLE 20 North America Thru-beam Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Thru-beam Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Thru-beam Market by Country, 2019 - 2022, Thousand Units
TABLE 23 North America Thru-beam Market by Country, 2023 - 2030, Thousand Units
TABLE 24 North America Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 25 North America Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 26 North America Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 27 North America Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 28 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Automotive Market by Country, 2019 - 2022, Thousand Units
TABLE 31 North America Automotive Market by Country, 2023 - 2030, Thousand Units
TABLE 32 North America Electronics & Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Electronics & Semiconductor Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Electronics & Semiconductor Market by Country, 2019 - 2022, Thousand Units
TABLE 35 North America Electronics & Semiconductor Market by Country, 2023 - 2030, Thousand Units
TABLE 36 North America Packaging Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Packaging Market by Country, 2023 - 2030, USD Million
TABLE 38 North America Packaging Market by Country, 2019 - 2022, Thousand Units
TABLE 39 North America Packaging Market by Country, 2023 - 2030, Thousand Units
TABLE 40 North America Military & Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Military & Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Military & Aerospace Market by Country, 2019 - 2022, Thousand Units
TABLE 43 North America Military & Aerospace Market by Country, 2023 - 2030, Thousand Units
TABLE 44 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 46 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 47 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 48 North America Photoelectric Sensors Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Photoelectric Sensors Market by Country, 2023 - 2030, USD Million
TABLE 50 North America Photoelectric Sensors Market by Country, 2019 - 2022, Thousand Units
TABLE 51 North America Photoelectric Sensors Market by Country, 2023 - 2030, Thousand Units
TABLE 52 US Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 53 US Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 54 US Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 55 US Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 56 US Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 57 US Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 58 US Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 59 US Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 60 US Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 61 US Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 62 US Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 63 US Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 64 Canada Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 65 Canada Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 66 Canada Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 67 Canada Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 68 Canada Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 69 Canada Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 70 Canada Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 71 Canada Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 72 Canada Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 73 Canada Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 74 Canada Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 75 Canada Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 76 Mexico Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 77 Mexico Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 78 Mexico Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 79 Mexico Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 80 Mexico Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 81 Mexico Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 82 Mexico Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 83 Mexico Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 84 Mexico Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 85 Mexico Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 86 Mexico Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 87 Mexico Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 88 Rest of North America Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 89 Rest of North America Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 90 Rest of North America Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 91 Rest of North America Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 92 Rest of North America Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 93 Rest of North America Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 94 Rest of North America Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 95 Rest of North America Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 96 Rest of North America Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 97 Rest of North America Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 98 Rest of North America Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 99 Rest of North America Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 100 Key Information - Omron Corporation
TABLE 101 Key Information - panasonic holdings corporation
TABLE 102 Key Information - Rockwell Automation, Inc.
TABLE 103 Key Information - Eaton Corporation PLC
TABLE 104 key information - Keyence Corporation
TABLE 105 Key Information - Schneider Electric SE
TABLE 106 Key Information - Autonics Corporation
TABLE 107 Key Information - Sick AG
TABLE 108 Key Information - Balluff GmbH
TABLE 109 Key Information - IFM Electronics GmbH

North America Photoelectric Sensors Market Size, Share & Industry Trends Analysis Report By Technology, By Application (Automotive, Electronics & Semiconductor, Packaging, Military & Aerospace, and Others), By Country and Growth Forecast, 2023 - 2030