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Published Date: 2016-05-10Number of Pages: 181

Photoelectric Sensors Market (By Technology - Retro-reflective, Diffuse and Through Beam, By Type - Proximity photoelectric sensor, Fiber optic photoelectric sensor and Others, By Application - Parking facilities, Elevators, Building Automation, Semiconductor Device, Packaging machines and Others ) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Photoelectric sensors are used to detect the size, shape, color, distance, absence or presence of a target entity. Photoelectric sensors integrate a receiver and a light transmitter. The sensor emits light through the transmitter to the target which is then reflected, and the light beam is received by the photoelectric receiver which activates the sensor output. Photoelectric sensors are a type of position sensor that uses light emitting diodes as the light source. One significant feature of photoelectric sensors is that it detects non-metal objects, apart from functioning over long sensing distances. The optical components present in photoelectric sensors are used for remote sensing whereas the electronic components are enclosed in a control panel in a different place. 

The market is primarily driven due to the high reliability and easy installation of the retro reflective photoelectric sensors. The retro-reflective photoelectric sensors provide high performance for object detection even with misaligned, small reflectors, heavy soiling or long range. Industrial automation is also primarily driving the growth of photoelectric sensors market globally. The photoelectric sensors are widely used in packaging industries for detection of barcode label on mount, detection of double fed containers and detection of bottles without label among others. Moreover, the photoelectric sensors in parking facilities are used for the detection of the car positioning at multi-level car parking.

The photoelectric sensors market is facing challenges due to lack of sensing capability. The sensors when used at a short range, it becomes difficult to set the sensitivity control operating point. Moreover, the photoelectric beam is also affected by dust, smoke and fog, depending on the placement, sensitivity, frequency and brightness. Such factors negatively affected the market attractiveness of photoelectric sensors at global level. Smart photoelectric sensors are identified as important opportunity in the global photoelectric sensors market. Introduction of smart photoelectric sensors is expected to boost the growth of photoelectric sensors market in future years.

Based on technology, the market is segregated into retro-reflective, diffuse and through beam. As of 2015, in terms of revenue, photoelectric sensors using retro-reflective technology held the largest share. The retro-reflective photoelectric sensor used with a polarized filter helps in eliminating false signals which occur when the sensor faces shiny target. Furthermore, the retro-reflective sensor is easy to set up and install compared to most of the other sensors. It also consumes less time to install as it houses a single sensor wired and installed. Due to these factors, the retro-reflective photoelectric sensors are more in demand compared to diffuse and through beam photoelectric sensors.

In terms of types, global photoelectric sensors market is segregated into proximity photoelectric sensor, fiber optic photoelectric sensor and others. As of 2015, in terms of revenue, proximity photoelectric sensor held the largest share. Wide application scope and comparatively low cost are two of the factors driving the application penetration of proximity photoelectric sensors globally.

By application, the market is segmented into parking facilities, elevators, building automation, semiconductor devices, packaging machines and others. As of 2015, in terms of revenue, parking facilities held the largest share. Rising demand for safety, process efficiency and precision in sensing has fuelled the application growth of photoelectric sensors in different industry verticals.

Based on geography, the photoelectric sensor market is segregated into North America, Europe, Asia Pacific and Rest of the World. The Europe accounted for the highest market revenue share in 2015. During the forecast period, it is expected to hold highest regional market share. Increasing demand of industrial automation is the primary driving factor in this region.

Major industry participants include. Rockwell Automation Inc. (U.S),`Keyence Corporation (Japan), Avago Corporation (Singapore), Panasonic Corporation (Japan), Omron Corporation (Japan), Balluff Inc. (U.S), Schneider Electric SE (France), Baumer Group (Switzerland), Sick AG (Germany), Eaton Corporation PLC (Ireland), Autonics Corporation (South Korea), IFM Electronic Ltd. (Germany) among others.

Photoelectric sensors are used to detect the shape, color, distance, absence or presence of a target. Photoelectric sensors are a type of position sensor that uses light emitting diodes as the light source. The sensor comprises a receiver and a light transmitter. The sensor emits light through the transmitter to the target which is then reflected and the light beam is received by the photoelectric receiver, activating the sensor output. The market is primarily driven by increasing application of photoelectric sensors in food and beverage, construction and automotive industries.

Industrial automation is also principally driving the photoelectric sensors market globally. Additionally, the photoelectric sensors in parking facilities are used for the detection of the car positioning and level adjusting at multi-level car parking. High consistency and easy installation of the retro reflective photoelectric sensors is also driving the global photoelectric sensors market. These sensors are used for object detection even with misaligned, heavy soiling, small reflectors and long range.

Growth of photoelectric sensors market is hindered due to the high cost of fiber optic photoelectric sensor. The fiber optic photoelectric sensors are best suited for extreme conditions like extreme heat, hazardous, corrosive and explosive environment. Moreover, it is flexible and can be precisely positioned. However, the demand of fiber optic photoelectric sensor is comparatively low due to high cost factor.

 

Implementation of smart photoelectric sensors in diverse application is identified as a major opportunity. These sensors have the in-built intelligence that improves the reliability and optimize the adjustments. This in built intelligence is likely to offer easier and exact adjustment that optimizes photoelectric sensor’s reliability. Moreover, these smart sensors deliver superior self diagnostics and have the capability to interface with sensor networks. The conventional photoelectric sensor faced problem in detection of transparent objects. For instance, a web sensing application produces a low contrast if the web material allows much of the sensing light to pass through. In this situation, the operator has to align and adjust the sensor to obtain high contrast. But this is not the situation with the smart photoelectric sensors as the sensors have in built microprocessor chips to monitor received light signals and display the values using liquid-crystal-display (LCD) digital readouts.

 

Based on technology, the photoelectric sensor market is segmented in to retro reflective, diffuse and through beam. On the basis of type the market is segregated into proximity photoelectric sensor, fiber optic photoelectric sensor and others. Based on geography, the photoelectric sensor market is segmented in to North America, Europe, Asia Pacific and Rest of the World. The scope of the report offers an insight into photoelectric sensors market in these regions based on revenue (USD million) and volume (million units)

The competitive profiling of the key players in the global photoelectric sensors market across four broad geographic regions is included in the study. These include diverse business strategies adopted by the leading players and their recent developments as in the field of photoelectric sensors. The market attractiveness analysis of the major application areas has been provided in the report, in order to offer a deep insight of global photoelectric sensors market.

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the distinctive factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. The report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the photoelectric sensors market.

Major players in this market are Rockwell Automation Inc. (U.S),`Keyence Corporation (Japan), Avago Corporation (Singapore), Panasonic Corporation (Japan), Omron Corporation (Japan), Balluff Inc. (U.S), Schneider Electric SE (France), Baumer Group (Switzerland), Sick AG (Germany), Eaton Corporation PLC (Ireland), Autonics Corporation (South Korea), IFM Electronic Ltd. (Germany) among others.

The global photoelectric sensor market has been segmented as follows:

Global Photoelectric Sensor Market: By Technology

  • Retro-reflective
  • Diffuse
  • Through Beam

Global Photoelectric Sensor Market: By Type

  • Proximity photoelectric sensor
  • Fiber Optic photoelectric sensor
  • Others

Global Photoelectric Sensor Market: By Applications

  • Parking Facilities
  • Elevators
  • Building Automation
  • Semiconductor Device
  • Packaging Machines
  • Others

Global Photoelectric Sensor Market: By Geography

  • North America
    • The U.S.
    • Others
  • Europe
    • The UK
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Rest of the World
    • Middle East and Africa (MEA)
    • South America


 
 
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