The global Laser Sensor Market is estimated to account for market value of USD 248 million in 2018, growing at a CAGR of 10%, to reach around USD 400 million by 2023. This report also provides historical (2013-2017) and forecast (2018-2023) revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World. The key driver for the growth of laser sensor market includes the rising usage of CMOS displacement sensor. Complementary metal-oxide-semiconductor (CMOS) optical displacement sensors cost lesser than laser displacement sensors that are better than traditional displacement sensors and are suitable for thickness measurements. Features such as immune to temperature and acoustic variations, low sensitivity to target conductivity and magnetization, and availability of higher resolution and faster response times will drive the growth of this industrial sensors market. This in turn, is expected to boost the growth of the laser sensors market during the forecast period.
Major concerns faced by the players in laser sensor market comprise the stringent regulations set by regulatory bodies, such as the Occupational Safety and Health Administration (OSHA), Underwriters Laboratories (UL), and American National Standard Institute (ANSI). These regulations need to be strictly followed by all sensor manufacturing companies in the US. Additionally, these agencies have several regulations in place owing to different working environments. However, major complications arise due to the differences in terms of regulations from industry to industry and from region to region. For a global vendor, it is difficult to comply with all the regulations for every slot of their order. This not only affects the production process of sensors but also increases the cost while implementing changes.
Laser Sensor market is segmented on the basis of types into digital laser sensor, CMOS laser sensor, and others. Digital laser sensor segment is expected to account for major share in the global laser sensor market. This is due to its ability to enable long distance detection for difficult applications while maintaining a focused, visible beam spot.
Based on application, laser sensor market is segmented into level sensing, web tension control, and general conveyance detection. Level sensing application is expected to witness high demand during the forecast period. Laser sensors have found wide utility in the engineering for quality control and process monitoring. Laser sensor technology performs these applications with high-speed and high-precision. It can be used on multiple materials, reflective surfaces and colors, enabling manufacturers to collect continuous measurements in wide range of industries, comprising applications with moving processes, stamped or machine parts, and soft or sticky parts.
Key companies profiled in this report are Fiso Technologies, Prime Photonics, Banner, Bayspec, Omron, Laser Technology, Keyence, Ifm, Acuity, JENOPTIK LAP, MTI Instruments in the terms of company profile, product capabilities, revenue, market share etc. This study further tracks and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, research and developments with the help of strategic profiling of key players in the market.
Table of Contents
1 Laser Sensor Market Overview
1.1 Laser Sensor Product Overview
1.2 Laser Sensor Segment by Types (Product Category)
1.2.1 Global Laser Sensor Sales and Growth (%) Comparison by Types (2013-2025)
1.2.2 Global Laser Sensor Sales Market Share (%) by Types in 2017
1.2.3 Digital Laser Sensor
1.2.4 Others
1.3 Global Laser Sensor Segment by Applications
1.3.1 Global Laser Sensor Sales Comparison by Applications (2013-2025)
1.3.2 Level Sensing
1.3.3 Web Tension Control
1.3.4 General Conveyance Detection
1.4 Global Laser Sensor Market by Regions (2013-2025)
1.4.1 Global Laser Sensor Market Size and Growth (%) Comparison by Regions (2013-2025)
1.4.2 North America Laser Sensor Status and Prospect (2013-2025)
1.4.3 Asia-Pacific Laser Sensor Status and Prospect (2013-2025)
1.4.4 Europe Laser Sensor Status and Prospect (2013-2025)
1.4.5 South America Laser Sensor Status and Prospect (2013-2025)
1.4.6 Middle East and Africa Laser Sensor Status and Prospect (2013-2025)
1.5 Global Laser Sensor Market Size (2013-2025)
1.5.1 Global Laser Sensor Revenue (Million USD) Status and Outlook (2013-2025)
1.5.2 Global Laser Sensor Sales Status and Outlook (2013-2025)
2 Global Laser Sensor Market Competition by Manufacturers/Brand
2.1 Laser Sensor Market Competitive Situation and Trends
2.1.1 Laser Sensor Market Concentration Rate
2.1.2 Laser Sensor Market Share (%) of Top 3 and Top 5 Manufacturers
2.1.3 Mergers & Acquisitions, Expansion
3 Global Laser Sensor Sales , Revenue (Million USD) by Regions (2013-2018)
3.1 Global Laser Sensor Sales and Market Share (%) by Regions (2013-2018)
3.2 Global Laser Sensor Revenue (Million USD) and Market Share (%) by Regions (2013-2018)
3.3 Global Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2013-2018)
3.4 North America Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2013-2018)
3.5 Europe Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2013-2018)
3.6 Asia-Pacific Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2013-2018)
3.7 South America Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
3.8 Middle East and Africa Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2013-2018)
4 Global Laser Sensor Sales, Revenue, Price Trend by Types
4.1 Global Laser Sensor Sales and Market Share (%) by Types (2013-2018)
4.2 Global Laser Sensor Revenue and Market Share (%) by Types (2013-2018)
4.3 Global Laser Sensor Price (USD/Unit) by Type (2013-2018)
4.4 Global Laser Sensor Sales Growth by Type (2013-2018)
5 Global Laser Sensor Market Analysis by Applications
5.1 Global Laser Sensor Sales and Market Share (%) by Applications (2013-2018)
5.2 Global Laser Sensor Sales Growth Rate (%) by Applications (2013-2018)
6 Global Laser Sensor Manufacturers Profiles/Analysis
6.1 Fiso Technologies
6.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.1.2 Laser Sensor Product Category, End Uses and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 Market Share (%) (2013-2018)
6.1.4 Main Business/Business Overview
6.2 Prime Photonics
6.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.2.2 Laser Sensor Product Category, End Uses and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 Market Share (%) (2013-2018)
6.2.4 Main Business/Business Overview
6.3 Banner
6.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.3.2 Laser Sensor Product Category, End Uses and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 Market Share (%) (2013-2018)
6.3.4 Main Business/Business Overview
6.4 Bayspec
6.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.4.2 Laser Sensor Product Category, End Uses and Specification
6.4.2.1 Product A
6.4.2.2 Product A
6.4.3 Market Share (%) (2013-2018)
6.4.4 Main Business/Business Overview
6.5 Omron
6.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.5.2 Laser Sensor Product Category, End Uses and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 Market Share (%) (2013-2018)
6.5.4 Main Business/Business Overview
6.6 LaserTechnology
6.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.6.2 Laser Sensor Product Category, End Uses and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 Market Share (%) (2013-2018)
6.6.4 Main Business/Business Overview
6.7 Keyence
6.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.7.2 Laser Sensor Product Category, End Uses and Specification
6.7.2.1 Product A
6.7.2.2 Product B
6.7.3 Market Share (%) (2013-2018)
6.7.4 Main Business/Business Overview
6.8 Ifm
6.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.8.2 Laser Sensor Product Category, End Uses and Specification
6.8.2.1 Product A
6.8.2.2 Product B
6.8.3 Market Share (%) (2013-2018)
6.8.4 Main Business/Business Overview
6.9 Acuity
6.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.9.2 Laser Sensor Product Category, End Uses and Specification
6.9.2.1 Product A
6.9.2.2 Product B
6.9.3 Market Share (%) (2013-2018)
6.9.4 Main Business/Business Overview
6.10 JENOPTIK LAP
6.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
6.10.2 Laser Sensor Product Category, End Uses and Specification
6.10.2.1 Product A
6.10.2.2 Product B
6.10.3 Market Share (%) (2013-2018)
6.10.4 Main Business/Business Overview
7 Laser Sensor Manufacturing Cost Analysis
7.1 Laser Sensor Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.1 Raw Materials
7.1.2 Labor Cost
7.1.3 Manufacturing Expense
8 Marketing Strategy Analysis, Distributors/Traders
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Market Positioning
8.2.1 Pricing Strategy
8.2.2 Brand Strategy
8.2.3 Target Client
8.3 Distributors/Traders List
9 Market Effect Factors Analysis
9.1 Technology Progress/Risk
9.1.1 Substitutes Threat
9.1.2 Technology Progress in Related Industry
9.2 Consumer Needs/Customer Preference Change
9.3 Economic/Political Environmental Change
10 Global Laser Sensor Market Forecast (2018-2025)
10.1 Global Laser Sensor Sales , Revenue (Million USD) Forecast (2018-2025)
10.1.1 Global Laser Sensor Sales and Growth Rate (%) Forecast (2018-2025)
10.1.2 Global Laser Sensor Revenue (Million USD) and Growth Rate (%) Forecast (2018-2025)
10.1.3 Global Laser Sensor Price and Trend Forecast (2018-2025)
10.2 Global Laser Sensor Sales and Revenue (Million USD) Forecast by Regions (2018-2025)
10.2.1 North America Laser Sensor Sales and Revenue (Million USD) Forecast (2018-2025)
10.2.2 Europe Laser Sensor Sales and Revenue (Million USD) Forecast (2018-2025)
10.2.3 Asia-Pacific Laser Sensor Sales and Revenue (Million USD) Forecast (2018-2025)
10.2.4 South America Laser Sensor Sales and Revenue (Million USD) Forecast (2018-2025)
10.2.5 Middle East and Africa Laser Sensor Sales and Revenue (Million USD) Forecast (2018-2025)
10.3 Global Laser Sensor Sales , Revenue (Million USD), Price (USD/Unit) Forecast by Type (2018-2025)
10.4 Global Laser Sensor Sales Forecast by Application (2018-2025)
11 Research Findings and Conclusion
12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
12.4 Author List
SDMR employs a three way data triangulation approach to arrive at market estimates. We use primary research, secondary research and data triangulation by top down and bottom up approach
Secondary Research:
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
Macro-economic data points
Import Export data
Identification of major market trends across various applications
Primary understanding of the industry for both the regions
Competitors analysis for the production capacities, key production sites, competitive landscape
Key customers
Production Capacity
Pricing Scenario
Cost Margin Analysis
Key Data Points through primary research-
Major factors driving the market and its end application markets
Comparative analysis and customer analysis
Regional presence
Collaborations or tie-ups
Annual Production, and sales
Profit Margins
Average Selling Price
Data Triangulation:
Data triangulation is done using top down and bottom approaches. However, to develop accurate market sizing estimations, both the methodologies are used to accurately arrive at the market size. Insert Image