Laser triangulation displacement sensors are designed to measure the accurate distance by avoiding contact with the surface area. Laser triangulation displacement sensors are used to measure on sticky and soft surface, as well as on other reflective or sensitive surfaces. It can also monitor delicate parts i.e. the surface, which are easily damaged. However, it ensures that the product aesthetic and structural integrity are maintained, with no trace left on the surface. Laser triangulation displacement sensor is operated with a laser diode, which projects a visible light spot onto the surface of the measurement target. Furthermore, this sensors are used to calculate the distance from a place by projecting a beam of light onto the object. Laser triangulation displacement sensors are broadly used for monitoring tire dimensions while rotating at high speed, monitoring thickness of moving webs, and dynamically monitoring roughness of roads. Moreover, laser triangulation displacement sensor are mainly used to measure an object's height, width, diameter, decentering and deflection, stroke and positioning, vibration, flatness and thickness.

Growth of industrial automation and robotics, and rising demand for automobiles around the globe, are the important drivers for the global triangulation laser displacement sensors market. The automobile manufacturing is highly-automated and extensively uses triangulation laser displacement sensor for guaranteeing the quality of the product. Furthermore, it is also used for   regular test and measurement of applications such as roughness, thickness, flatness of the vehicles. Besides that, triangulation laser displacement sensors are used for measuring and monitoring fast-moving parts, delicate parts that can get scratch, positioning of car body in production lines, and engine component.

High maintenance cost and need for high initial capital investments for production equipment are the major drawbacks of global laser triangulation displacement sensors Moreover, the advancement and innovation in the technology related to the triangulation laser sensor by the well established and emerging manufacturers are expected to overcome these drawbacks in near future.

The global triangulation laser displacement sensors market can be segmented on the basis of range, industry vertical, application, and regions. Based on the range, global triangulation laser displacement sensors market can be segmented into less than 100mm, 100mm to 300mm and more than 300mm. On the basis of industry vertical, global triangulation laser displacement sensors market can be bifurcated into automotive, aerospace and defense, and consumer electronics, and others. Furthermore, on the basis of application, triangulation laser displacement sensors market can be segmented into measurement and monitoring tasks in factory automation, monitoring roughness of the pavement, monitoring tire dimensions while rotating at high speed, and others.

Based on the region, the global triangulation laser displacement sensors market can be classified into North America, Europe, South America, Middle East & Africa, and Asia Pacific. The global triangulation laser displacement sensors market in North America is expected to account the largest market share followed by Asia-Pacific and Europe. Furthermore, this is primarily due to the increase in the adoption of the automobiles, and presence of well-established and emerging players providing laser triangulation displacement sensors. Furthermore, the Asia-Pacific market is expected to grow at the highest rate during the forecast period. Basically, owing to rapid expanding of automobile industry and higher demand for the laser triangulation displacement sensor into various application in various industry verticals. Moreover, the advance opportunities for triangulation laser displacement sensors market are mainly due to the significant economies including China, Japan, and India.

The various key players operating in global triangulation laser displacement sensors market are MTI Instruments Inc., Scantron Industrial Products Ltd, Micro-Epsilon, TURCK GmbH Co. KG, RIFTEK LLC, Panasonic Corporation, and Omron Corporation, ZSY group LTD, Sick AG, KEYENCE Corporation, Cognex Corporation, and Banner Engineering Corp. among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.