Photoelectric Sensor Market to Grow at a CAGR of 7.7% to reach US$ 2,577.56 Million from 2020 to 2028

    Photoelectric Sensor Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Technology ( Diffused, Retro-Reflective, Thru-Beam ); End-Use (Automotive, Military & Aerospace, Electronics & Semiconductor, Packaging, and Others)

    Publication Month: Jun 2021 | Report Code: TIPRE00003240 | No. of Pages: 155 | Category: Electronics and Semiconductor | Status: Published

    The photoelectric sensor market was valued at US$ 1,458.23 million in 2021 and is projected to reach US$ 2,577.56 million by 2028; it is expected to grow at a CAGR of 7.7% from 2021 to 2028.

    Photoelectric sensors are gaining popularity due to their high reliability and long-range object detection capabilities, irrespective of the size, shape, color, material, and surface properties of objects. These sensors are designed to operate under harsh conditions; moreover, they are enabled with advanced technologies to ensure reliable suppression of undesirable reflections. These abilities makes them more versatile than many other sensor types and appropriate for industrial usage. For instance, retro reflective sensors with polarization filters detect the position of carriage of any shape and material, which is to be kept on and off the track of a rollercoaster. Further, photoelectric sensors are widely used in the military and aerospace industries owing to their high accuracy and reliable performance. They are used in cargo aircraft for smoke and fire detection. In addition, photoelectric sensors help airframe and engine manufacturers to monitor aerospace system parameters such as pressure, temperature, acceleration, optical position, and speed. Moreover, the defense industry is extensively using biological detection equipment for detecting the presence of chemical substances in environment and for assessing the risk of potential biological threats by detecting harmful biological materials, to safeguard both military and civilian populations. Thus, the accuracy and reliability of photoelectric sensor operations make them a preferred sensor type in harsh industrial conditions.

    Impact of COVID-19 Pandemic on Photoelectric Sensor Market

    According to the latest report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst-affected countries due to the COVID-19 outbreak. In 2020, the world economy suffered significant consequences, and the effects are expected to endure to some extent in coming years. The outbreak disrupted primary industries such as electronics, semiconductor, and manufacturing. A sharp decline in the growth of these industries is limiting the growth of the photoelectric sensor market. Factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the infection have negatively impacted manufacturing, supply, and sales of various sensor products.

    Manufacturers of photoelectric sensors are focusing on lowering operating costs to stay competitive. However, they are expected to resume production activities during the post-lockdown phase. Government initiatives to boost economies and relaxations in the lockdowns are expected to fuel demand for photoelectric sensors during the forecast period. Demand for photoelectric sensors is likely to expand as new technologies become more widely adopted in the automotive and aerospace industries.

    Lucrative Regions for Photoelectric Sensor Providers

    Lucrative Regions for Photoelectric Sensor Providers

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    Photoelectric Sensor Market Insights

    Rising Demand for Photoelectric Sensors in Pharmaceuticals Industry Drives Growth of Photoelectric Sensor Market

    Pharmaceutical companies focus on improving their overall manufacturing operations by avoiding discrepancies such as empty packaging, which can be caused due to the unavailability of medicine tablets on the production line. The industry is increasingly deploying photoelectric sensors for tablet counting, bottle filling, and count verification (in clinical trials). These sensors are also being used in automated prescription fulfillment machines at retail pharmacies and hospitals. Further, advancements in photoelectric sensors in terms of their sensing range, which is improving their counting accuracy, along with maintaining a hygienic production environments by excluding human contacts while packaging of medicine are the benefits associated with photoelectric sensors. Also, photoelectric sensor provides a cost-effective solution, which is attained through automatic production line in the pharmaceutical industry. Hence,

    the surge in the adoption of photoelectric sensors in pharmaceutical companies is mainly attributed to their abilities to enhance efficiencies, reduce industry’s operational costs, and facilitate real-time production monitoring. These sensors automate the upper and lower levels of liquid measurement in jar or tank. The use of strong corrosive chemicals (acidic or basic) is commonplace in pharmaceutical companies, and thus, the detection of liquid levels in storage tanks is an important task in these plants. Thus, increasing use of photoelectric sensors in the pharmaceuticals industry would drive the photoelectric sensor market growth in the coming years.

    Technology-Based Market Insights

    Based on technology, the photoelectric sensor market is segmented into diffused, retro-reflective, and thru-beam. In 2020, the retro-reflective segment accounted for the largest share in the market.

    End-User Based Market Insights

    Based on end-user, the photoelectric sensor market is segmented into automotive, military and aerospace, electronics and semiconductor, packaging, and others. In 2020, the automotive segment accounted for the largest market share.

    Strategic Insights

    The players operating in the photoelectric sensor market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

    • In April 2020, Balluff Photoelectric Sensors provided condition monitoring data. The smart automation and monitoring systems (SAMS) portfolio includes solid photoelectric sensing, condition monitoring, and advanced IO-link technologies, all of which are meant to save downtime by making troubleshooting, changeover, and machine setup easier.
    • In February 2020, Eaton Corp plc listed among world's most admired company in 2020 by Fortune magazine.

    The global photoelectric sensor market has been segmented as mentioned below:

    By Technology

    • Diffused
    • Retro-Reflective
    • Thru-Beam

    By End-User

    • Automotive
    • Military and Aerospace
    • Electronics and Semiconductor
    • Packaging
    • Others

    By Geography

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe
    • Asia Pacific (APAC)
      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South America (SAM)
      • Brazil
      • Argentina
      • Rest of SAM

    Company Profiles

    • Autonics Corporation
    • Balluff GmbH
    • Eaton Corporation plc
    • Ifm Electronic GmbH
    • Keyence Corporation
    • OMRON Corporation
    • Rockwell Automation, Inc.
    • Panasonic Corporation
    • SICK AG
    • Schneider Electric SE

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Photoelectric Sensor Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 APAC

    4.2.4 MEA

    4.2.5 SAM

    4.3 Ecosystem Analysis

    4.4 Expert Opinions

    5. Photoelectric Sensor Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 High Demand in Manufacturing Industries

    5.1.2 Accuracy and Reliability of Photoelectric Sensors

    5.2 Market Restraint

    5.2.1 High Installation and Maintenance Costs

    5.3 Market Opportunities

    5.3.1 Rising Demand for Photoelectric Sensors in Pharmaceuticals Industry

    5.4 Future Trends

    5.4.1 Integration of Pulse Ranging Technology

    5.5 Impact Analysis of Drivers and Restraints

    6. Photoelectric Sensor – Global Market Analysis

    6.1 Global Photoelectric Sensor Market Overview

    6.2 Global Photoelectric Sensor Market Revenue Forecast and Analysis

    6.3 Market Positioning – Five Key Players

    7. Photoelectric Sensor Market Revenue and Forecast to 2028 – Technology

    7.1 Overview

    7.2 Photoelectric Sensor Market, By technology (2020 And 2028)

    7.3 Retro-reflective

    7.3.1 Overview

    7.3.2 Retro-Reflective: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    7.4 Thru-beam

    7.4.1 Overview

    7.4.2 Thru-Beam: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    7.5 Diffused

    7.5.1 Overview

    7.5.2 Diffused: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    8. Photoelectric Sensor Market Analysis and Forecast to 2028 – End-use

    8.1 Overview

    8.2 Photoelectric Sensor Market, By End-use (2020 And 2028)

    8.3 Automotive

    8.3.1 Overview

    8.3.2 Automotive: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    8.4 Military and Aerospace

    8.4.1 Overview

    8.4.2 Military and Aerospace: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    8.5 Electronics and Semiconductor

    8.5.1 Overview

    8.5.2 Electronics and Semiconductor: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    8.6 Packaging

    8.6.1 Overview

    8.6.2 Packaging: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    8.7 Others

    8.7.1 Overview

    8.7.2 Others: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    9. Photoelectric Sensor Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Photoelectric Sensor Market

    9.2.1 North America: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.2 North America: Photoelectric Sensor Market, by Technology

    9.2.3 North America: Photoelectric Sensor Market, by End-use

    9.2.4 North America: Photoelectric Sensor Market, by Key Country

    9.2.4.1 US: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 US: Photoelectric Sensor Market, by Technology

    9.2.4.1.2 US: Photoelectric Sensor Market, by End-use

    9.2.4.2 Canada: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 Canada: Photoelectric Sensor Market, by Technology

    9.2.4.2.2 Canada: Photoelectric Sensor Market, by End-use

    9.2.4.3 Mexico: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 Mexico: Photoelectric Sensor Market, by Technology

    9.2.4.3.2 Mexico: Photoelectric Sensor Market, by End-use

    9.3 Europe: Photoelectric Sensor Market

    9.3.1 Europe: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.2 Europe: Photoelectric Sensor Market, by Technology

    9.3.3 Europe: Photoelectric Sensor Market, by End-use

    9.3.4 Europe: Photoelectric Sensor Market, by Key Country

    9.3.4.1 France: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.1.1 France: Photoelectric Sensor Market, by Technology

    9.3.4.1.2 France: Photoelectric Sensor Market, by End-use

    9.3.4.2 Germany: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.2.1 Germany: Photoelectric Sensor Market, by Technology

    9.3.4.2.2 Germany: Photoelectric Sensor Market, by End-use

    9.3.4.3 Italy: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.3.1 Italy: Photoelectric Sensor Market, by Technology

    9.3.4.3.2 Italy: Photoelectric Sensor Market, by End-use

    9.3.4.4 UK: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.4.1 UK: Photoelectric Sensor Market, by Technology

    9.3.4.4.2 UK: Photoelectric Sensor Market, by End-use

    9.3.4.5 Russia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.5.1 Russia: Photoelectric Sensor Market, by Technology

    9.3.4.5.2 Russia: Photoelectric Sensor Market, by End-use

    9.3.4.6 Rest of Europe: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.6.1 Rest of Europe: Photoelectric Sensor Market, by Technology

    9.3.4.6.2 Rest of Europe: Photoelectric Sensor Market, by End-use

    9.4 APAC: Photoelectric Sensor Market

    9.4.1 APAC: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.2 APAC: Photoelectric Sensor Market, by Technology

    9.4.3 APAC: Photoelectric Sensor Market, by End-use

    9.4.4 APAC: Photoelectric Sensor Market, by Key Country

    9.4.4.1 China: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.1.1 China: Photoelectric Sensor Market, by Technology

    9.4.4.1.2 China: Photoelectric Sensor Market, by End-use

    9.4.4.2 Japan: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.2.1 Japan: Photoelectric Sensor Market, by Technology

    9.4.4.2.2 Japan: Photoelectric Sensor Market, by End-use

    9.4.4.3 India: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.3.1 India: Photoelectric Sensor Market, by Technology

    9.4.4.3.2 India: Photoelectric Sensor Market, by End-use

    9.4.4.4 South Korea: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.4.1 South Korea: Photoelectric Sensor Market, by Technology

    9.4.4.4.2 South Korea: Photoelectric Sensor Market, by End-use

    9.4.4.5 Australia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.5.1 Australia: Photoelectric Sensor Market, by Technology

    9.4.4.5.2 Australia: Photoelectric Sensor Market, by End-use

    9.4.4.6 Rest of APAC: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.6.1 Rest of APAC: Photoelectric Sensor Market, by Technology

    9.4.4.6.2 Rest of APAC: Photoelectric Sensor Market, by End-use

    9.5 MEA: Photoelectric Sensor Market

    9.5.1 MEA: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.2 MEA: Photoelectric Sensor Market, by Technology

    9.5.3 MEA: Photoelectric Sensor Market, by End-use

    9.5.4 MEA: Photoelectric Sensor Market, by Key Country

    9.5.4.1 South Africa: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.1.1 South Africa: Photoelectric Sensor Market, by Technology

    9.5.4.1.2 South Africa: Photoelectric Sensor Market, by End-use

    9.5.4.2 UAE: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.2.1 UAE: Photoelectric Sensor Market, by Technology

    9.5.4.2.2 UAE: Photoelectric Sensor Market, by End-use

    9.5.4.3 Saudi Arabia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.3.1 Saudi Arabia: Photoelectric Sensor Market, by Technology

    9.5.4.3.2 Saudi Arabia: Photoelectric Sensor Market, by End-use

    9.5.4.4 Rest of MEA: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.4.1 Rest of MEA: Photoelectric Sensor Market, by Technology

    9.5.4.4.2 Rest of MEA: Photoelectric Sensor Market, by End-use

    9.6 SAM: Photoelectric Sensor Market

    9.6.1 SAM: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.2 SAM: Photoelectric Sensor Market, by Technology

    9.6.3 SAM: Photoelectric Sensor Market, by End-use

    9.6.4 SAM: Photoelectric Sensor Market, by Key Country

    9.6.4.1 Brazil: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.1.1 Brazil: Photoelectric Sensor Market, by Technology

    9.6.4.1.2 Brazil: Photoelectric Sensor Market, by End-use

    9.6.4.2 Rest of SAM: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.2.1 Rest of SAM: Photoelectric Sensor Market, by Technology

    9.6.4.2.2 Rest of SAM: Photoelectric Sensor Market, by End-use

    10. Photoelectric Sensor Market - Covid-19 Impact Analysis

    10.1 Overview

    10.2 North America

    10.3 Europe

    10.4 Asia Pacific

    10.5 Middle East and Africa

    10.6 South America

    11. Industry Landscape

    11.1 Overview

    11.2 Market Initiative

    11.3 New Product Development

    11.4 Merger and Acquisition

    12. Company Profiles

    12.1 Autonics Corporation

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 Balluff GmbH

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 Eaton Corporation plc

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 ifm electronic GmbH

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 Keyence Corporation

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 OMRON Corporation

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 Rockwell Automation, Inc.

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Panasonic Corporation

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 SICK AG

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 Schneider Electric SE

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Word Index

    LIST OF TABLES

    Table 1. Global Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Table 2. North America: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 3. North America: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 4. North America: Photoelectric Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 5. US: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 6. US: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 7. Canada: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 8. Canada: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 9. Mexico: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 10. Mexico: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 11. Europe: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 12. Europe: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 13. Europe: Photoelectric Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 14. France: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 15. France: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 16. Germany: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 17. Germany: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 18. Italy: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 19. Italy: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 20. UK: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 21. UK: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 22. Russia: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 23. Russia: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 24. Rest of Europe: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 25. Rest of Europe: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 26. APAC: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 27. APAC: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 28. APAC: Photoelectric Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 29. China: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 30. China: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 31. Japan: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 32. Japan: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 33. India: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 34. India: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 35. South Korea: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 36. South Korea: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 37. Australia: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 38. Australia: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 39. Rest of APAC: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 40. Rest of APAC: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 41. MEA: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 42. MEA: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 43. MEA: Photoelectric Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 44. South Africa: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 45. South Africa: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 46. UAE: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 47. UAE: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 48. Saudi Arabia: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 49. Saudi Arabia: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 50. Rest of MEA: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 51. Rest of MEA: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 52. SAM: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 53. SAM: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 54. SAM: Photoelectric Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 55. Brazil: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 56. Brazil: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 57. Rest of SAM: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

    Table 58. Rest of SAM: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)

    Table 59. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Photoelectric Sensor Market Segmentation

    Figure 2. Photoelectric Sensor Market Segmentation – By Geography

    Figure 3. Global Photoelectric Sensor Market Overview

    Figure 4. Photoelectric Sensor Market, by Technology

    Figure 5. Photoelectric Sensor Market, by End-use

    Figure 6. Photoelectric Sensor Market, By Geography

    Figure 7. North America PEST Analysis

    Figure 8. Europe PEST Analysis

    Figure 9. APAC – PEST Analysis

    Figure 10. MEA PEST Analysis

    Figure 11. SAM PEST Analysis

    Figure 12. Photoelectric Sensor Market- Ecosystem Analysis

    Figure 13. Photoelectric Sensor Market Impact Analysis of Drivers and Restraints

    Figure 14. Geographic Overview of Photoelectric Sensor Market

    Figure 15. Global Photoelectric Sensor Market Revenue Forecast and Analysis (US$ Million)

    Figure 16. Photoelectric Sensor Market, by technology (2020 and 2028)

    Figure 17. Retro-reflective: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 18. Thru-beam: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 19. Diffused: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 20. Photoelectric Sensor Market, by End-use (2020 and 2028)

    Figure 21. Automotive: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 22. Military and Aerospace: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 23. Electronics and Semiconductor: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 24. Packaging: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 25. Others: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)

    Figure 26. Global Photoelectric Sensor Market Revenue Share, By Region (2020 and 2028)

    Figure 27. North America: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 28. North America: Photoelectric Sensor Market Revenue Share, by Technology (2020 and 2028)

    Figure 29. North America: Photoelectric Sensor Market Revenue Share, by End-use (2020 and 2028)

    Figure 30. North America: Photoelectric Sensor Market Revenue Share, by Key Country (2020 and 2028)

    Figure 31. US: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Canada: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Mexico: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 34. Europe: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 35. Europe: Photoelectric Sensor Market Revenue Share, by Technology (2020 and 2028)

    Figure 36. Europe: Photoelectric Sensor Market Revenue Share, by End-use (2020 and 2028)

    Figure 37. Europe: Photoelectric Sensor Market Revenue Share, by Key Country (2020 and 2028)

    Figure 38. France: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 39. Germany: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Italy: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 41. UK: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. Russia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. Rest of Europe: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 44. APAC: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 45. APAC: Photoelectric Sensor Market Revenue Share, by Technology (2020 and 2028)

    Figure 46. APAC: Photoelectric Sensor Market Revenue Share, by End-use (2020 and 2028)

    Figure 47. APAC: Photoelectric Sensor Market Revenue Share, by Key Country (2020 and 2028)

    Figure 48. China: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Japan: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. India: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 51. South Korea: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 52. Australia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. Rest of APAC: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 54. MEA: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 55. MEA: Photoelectric Sensor Market Revenue Share, by Technology (2020 and 2028)

    Figure 56. MEA: Photoelectric Sensor Market Revenue Share, by End-use (2020 and 2028)

    Figure 57. MEA: Photoelectric Sensor Market Revenue Share, by Key Country (2020 and 2028)

    Figure 58. South Africa: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 59. UAE: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 60. Saudi Arabia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. Rest of MEA: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 62. SAM: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 63. SAM: Photoelectric Sensor Market Revenue Share, by Technology (2020 and 2028)

    Figure 64. SAM: Photoelectric Sensor Market Revenue Share, by End-use (2020 and 2028)

    Figure 65. SAM: Photoelectric Sensor Market Revenue Share, by Key Country (2020 and 2028)

    Figure 66. Brazil: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Rest of SAM: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 68. Impact of COVID-19 Pandemic in North America Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 70. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 71. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 72. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Photoelectric Sensor Market

    1. Autonics Corporation
    2. Balluff GmbH
    3. Eaton Corporation plc
    4. Ifm Electronic GmbH
    5. Keyence Corporation
    6. OMRON Corporation
    7. Rockwell Automation, Inc.
    8. Panasonic Corporation
    9. SICK AG
    10. Schneider Electric SE
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    Frequently Asked Questions

    The growth of the Photoelectric Sensor market is primarily attributed to the accuracy and reliability of photoelectric sensors. Photoelectric sensors are gaining popularity due to their high reliability and long-range object detection capabilities, irrespective of the size, shape, color, material, and surface properties of objects. These sensors are designed to operate under harsh conditions; moreover, they are enabled with advanced technologies to ensure reliable suppression of undesirable reflections. These abilities makes them more versatile than many other sensor types and appropriate for industrial usage.
    Rising demand for photoelectric sensors in pharmaceuticals industry is providing noteworthy opportunities to the Photoelectric Sensor market players. Pharmaceutical companies focus on improving their overall manufacturing operations by avoiding discrepancies such as empty packaging, which can be caused due to the unavailability of medicine tablets on the production line. The industry is increasingly deploying photoelectric sensors for tablet counting, bottle filling, and count verification (in clinical trials). These sensors are also being used in automated prescription fulfillment machines at retail pharmacies and hospitals.
    The rising need for of sensors and technological developments to solve complex challenges is encouraging innovations in photoelectric sensors. The pulse ranging technology (PRT), which can calculate object’s distance by using the principal of direct light propagation time measurement method, can be valuable in commercial industrial applications. PRT sensors provide accurate and continuous distance data with digital or analog outputs. In addition, positioning PRT sensors on each side of the carton and measuring these distances would also provide dimensions of pallets or cartons, which can be used to calculate the volume of the pallet or carton. The technology is expected to further improve the efficiency and accuracy of line assembly by providing comprehensive details of materials in production or operational process.

    Pricing
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    • $4550
    • $6550
    • $8550

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