Market Research Report
Global Laser Displacement Sensor Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
|Published by||QYResearch||Product code||831987|
|Published||Content info||141 Pages
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|Global Laser Displacement Sensor Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application|
|Published: May 13, 2019||Content info: 141 Pages||
Laser displacement sensors and meters are comprised of a light-emitting element and a position sensitive detector (PSD) and detect targets using triangulation. A semiconductor laser is used as the light emitting element. A lens focuses the beam on the target. The target reflects the beam back through the lens where it is focused on the position-sensitive detector (PSD), forming a beam spot. The beam spot moves as the target moves. Displacement can be determined by detecting the movement of the beam spot.
The laser displacement sensor market is predicted to witness an exponential growth in the forthcoming years on the back of rising trend of industrial automation along with cost saving practices in quality control. This is leading laser displacement sensors to find application across a number of application areas such as robotics, machine tools, and material handling among others.
Apart from this, rising use of laser displacement sensors in consumer electronics and automotive sectors coupled with their rising demand from other industries is immensely benefitting the laser displacement sensor market, globally. At present, in the foreign industrial developed countries the laser displacement sensor industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Europe, USA and Japan. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position.
In terms of volume, the global laser displacement sensor industry reached a sales volume of approximately 701.36 K Units in 2016, and is expected to reach 1243.2 K Units in 2022.
KEYENCE, SICK and Panasonic captured the top three sales share spots in the laser displacement sensor market in 2016. KEYENCE dominated with 24.46% sales share, followed by SICK with 121.06% sales share and Panasonic with 11.21% sales share.
There are major three classification of laser displacement sensor in this report, the measurement range of displacement sensor <100mm, 100mm-300mm and >300mm. Globally, the sales volume share of each type of laser displacement sensor is 19.46%, 36.93% and 43.61% respectively in 2016. The segment of more than 300mm range laser displacement sensors holds the leading market share amongst all segments based on range. This is because of an extensive number of sensors that are available in this segment.
Geography-wise, Asia Pacific is likely to exhibit the leading growth rate amongst all key regional markets for laser displacement sensor. The growth in the region is driven by the presence of a large number of manufacturing units in countries such as China, Japan, India, and South Korea. Asia Pacific is the largest consumption region of laser displacement sensor, with a consumption market share nearly 39.65% in 2016. The second place is North America; following Asia Pacific with the consumption market share over 26.83 % in 2016.
The global Laser Displacement Sensor market was 2140 million US$ in 2018 and is expected to 4100 million US$ by the end of 2025, growing at a CAGR of 8.5% between 2019 and 2025.
This report studies the Laser Displacement Sensor market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Laser Displacement Sensor in these regions, from 2014 to 2025, covering:
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
By the product type, the market is primarily split into :
We can also provide the customized separate regional or country-level reports, for the following regions:
The study objectives of this report are:
In this study, the years considered to estimate the market size of Laser Displacement Sensor are as follows:
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Laser Displacement Sensor market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report: