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Photoelectric Sensor Global Market Report 2021: COVID-19 Growth And Change

Starting Price : $4000.00 | Pages : 150 | Published : March 2021 | SKU CODE : h026 | Format :


The photoelectric sensor market consists of sales of photoelectric sensors and related services by entities (organizations, sole traders and partnerships) that manufacture photoelectric sensors. A photoelectric sensor refers to a sensor that emits a light beam from its light-emitting element. Photoelectric sensors are used in consumer electronics, industrial manufacturing, automotive and transportation, building automation, food and beverages, pharmaceuticals and medical, packaging, and other sectors.

The main types of a photoelectric sensor are proximity photoelectric sensor and fiber optic photoelectric sensor. The proximity photoelectric sensor detects objects directly in front of them by detecting the sensor’s own transmitted light reflected from an object’s surface and the fiber optic photoelectric sensor detects mechanical strain or temperature, concentrations of chemical species, acceleration, rotations, pressure, vibrations, and displacements The technologies used in photoelectric sensors are retro-reflective, through-beam, and diffused, and the range of detection varies from being =100 mm, 100 to 1,000 mm, 1,000 to 10,000 mm, and >10,000 mm. The photoelectric sensors are used in various sectors including consumer electronics, industrial manufacturing, automotive and transportation, building automation, food and beverages, pharmaceuticals and medical, and packaging.

The global photoelectric sensor market is expected to grow from $1.31 billion in 2020 to $1.63 billion in 2021 at a compound annual growth rate (CAGR) of 24.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.11 billion in 2025 at a CAGR of 6.6%.

The increasing demand for photoelectric sensors from various industries such as consumer electronics, automotive and transportation, building automation, food and beverages, pharmaceuticals and medical, packaging, and industrial manufacturing is expected to drive the market for photoelectric sensors during the forecast period. For instance, automated doors and gates on buses, trains, elevators, garages and others need to have reliable sensing technology so that they open and close at correct times. Photoelectric sensors coupled with infrared scanners can detect approaching people or vehicles and can open or close doors accordingly. Therefore, the demand for photoelectric sensors is increasing in various applications including automotive and this is expected to drive the market during the forecast period.

The outbreak of COVID-19 has impacted the demand and supply chain of the photoelectric sensors market and this has restrained the market growth during the period. The shutdown of business operations across the world, owing to the impact of COVID-19 has resulted in a decline in the demand for photoelectric sensors from various industries. Also, due to lockdown norms imposed, the production of photoelectric sensors in manufacturing facilities across the world has been temporarily shut down to curb the spread of the virus and this had significantly impacted the players operating in the photoelectric sensors value chain. Therefore, the COVID-19 outbreak during 2020 has hindered the market growth of photoelectric sensors during the historic period.

The emergence of smart photoelectric sensors is a key trend in the photoelectric sensor market. Smart photoelectric sensors contain built-in microprocessor-based intelligence that provides them with new capabilities to optimize their adjustments and make them more reliable. Smart photoelectric sensors are rapidly becoming the norm rather than the exception and deliver advanced self-diagnostics and the ability to interface with sensor networks. For example, conventional photoelectric sensors fail to operate under any problems like accumulated dust on the lenses, whereas a smart photoelectric sensor has a microprocessor chip that initiates an alarm signal to the controller and flash LED. Diagnostic alarms provide early warnings against the problem that occurred. Therefore, smart photoelectric sensors are more reliable and efficient and it is an emerging trend in the smart photoelectric market.

In January 2019, SICK Group, one of the world’s leading producers of sensors and sensor solutions for industrial applications, acquired Chilean joint venture SICK SpA for an undisclosed amount. The deal aims to acquire 50% shares and strengthening its position in South America. SICK Group produces sensors and sensor solutions for industrial applications. SICK SpA is a provider of sensors, safety systems and automatic identification products.

Major players in the global photoelectric sensor market are Schneider, Baumer Group, Panasonic, Omron Corp., SICK, Keyence, Rockwell Automation, Balluff, Banner, Tri-Tronics, Baumer, Hans Turck, Pepperl+Fuchs (Germany), and Di-soric.

Asia Pacific was the largest region in the photoelectric sensor market in 2020. North America is expected to be the fastest-growing region in the forecast period for the photoelectric sensor market. The regions covered in the photoelectric sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the photoelectric sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global photoelectric sensor market is segmented -

1) By Type: Proximity Photoelectric Sensor, Fiber Optic Photoelectric Sensor

2) By Technology: Retro-Reflective, Through-Beam, Diffused, Others

3) By Range: =100 mm, 100 to 1,000 mm, 1,000 to 10,000 mm, >10,000 mm

4) By Application: Consumer Electronics, Industrial Manufacturing, Automotive and Transportation, Building Automation, Food and Beverages, Pharmaceuticals and Medical, Packaging, Others

    1. Executive Summary

    2. Photoelectric Sensor Market Characteristics

    3. Photoelectric Sensor Market Trends And Strategies

    4. Impact Of COVID-19 On Photoelectric Sensor

    5. Photoelectric Sensor Market Size And Growth

    5.1. Global Photoelectric Sensor Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Photoelectric Sensor Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Photoelectric Sensor Market Segmentation

    6.1. Global Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Proximity Photoelectric Sensor

    Fiber Optic Photoelectric Sensor

    6.2. Global Photoelectric Sensor Market, Segmentation By Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Retro-Reflective

    Through-Beam

    Diffused

    Others

    6.3. Global Photoelectric Sensor Market, Segmentation By Range, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    =100 mm

    100 to 1,000 mm

    1,000 to 10,000 mm

    >10,000 mm

    6.4. Global Photoelectric Sensor Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Consumer Electronics

    Industrial Manufacturing

    Automotive and Transportation

    Building Automation

    Food and Beverages

    Pharmaceuticals and Medical

    Packaging

    Others

    7. Photoelectric Sensor Market Regional And Country Analysis

    7.1. Global Photoelectric Sensor Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Photoelectric Sensor Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Photoelectric Sensor Market

    8.1. Asia-Pacific Photoelectric Sensor Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Photoelectric Sensor Market

    9.1. China Photoelectric Sensor Market Overview

    9.2. China Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Photoelectric Sensor Market

    10.1. India Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Photoelectric Sensor Market

    11.1. Japan Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Photoelectric Sensor Market

    12.1. Australia Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Photoelectric Sensor Market

    13.1. Indonesia Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Photoelectric Sensor Market

    14.1. South Korea Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Photoelectric Sensor Market

    15.1. Western Europe Photoelectric Sensor Market Overview

    15.2. Western Europe Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Photoelectric Sensor Market

    16.1. UK Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Photoelectric Sensor Market

    17.1. Germany Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Photoelectric Sensor Market

    18.3. France Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Photoelectric Sensor Market

    19.1. Eastern Europe Photoelectric Sensor Market Overview

    19.2. Eastern Europe Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Photoelectric Sensor Market

    20.1. Russia Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Photoelectric Sensor Market

    21.1. North America Photoelectric Sensor Market Overview

    21.2. North America Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Photoelectric Sensor Market

    22.1. USA Photoelectric Sensor Market Overview

    22.2. USA Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Photoelectric Sensor Market

    23.1. South America Photoelectric Sensor Market Overview

    23.2. South America Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Photoelectric Sensor Market

    24.1. Brazil Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Photoelectric Sensor Market

    25.1. Middle East Photoelectric Sensor Market Overview

    25.2. Middle East Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Photoelectric Sensor Market

    26.1. Africa Photoelectric Sensor Market Overview

    26.2. Africa Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Photoelectric Sensor Market Competitive Landscape And Company Profiles

    27.1. Photoelectric Sensor Market Competitive Landscape

    27.2. Photoelectric Sensor Market Company Profiles

    27.2.1. Schneider, Baumer Group

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Panasonic

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Omron Corp.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Sick

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Keyence

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Photoelectric Sensor Market

    29. Photoelectric Sensor Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Photoelectric Sensor Market, Segmentation By Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Photoelectric Sensor Market, Segmentation By Range, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Photoelectric Sensor Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Photoelectric Sensor Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Global Photoelectric Sensor Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: Asia-Pacific, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: China, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: India, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Japan, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Australia, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: Indonesia, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: South Korea, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: Western Europe, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: UK, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: Germany, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: France, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Eastern Europe, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: Russia, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: North America, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: USA, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: South America, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Brazil, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Middle East, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: Africa, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 28: Schneider, Baumer Group Financial Performance
  • Table 29: Panasonic Financial Performance
  • Table 30: Omron Corp. Financial Performance
  • Table 31: Sick Financial Performance
  • Table 32: Keyence Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Photoelectric Sensor Market, Segmentation By Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Photoelectric Sensor Market, Segmentation By Range, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Photoelectric Sensor Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Photoelectric Sensor Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Global Photoelectric Sensor Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: Asia-Pacific, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: China, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: India, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Japan, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Australia, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: Indonesia, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: South Korea, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: Western Europe, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: UK, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: Germany, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: France, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Eastern Europe, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: Russia, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: North America, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: USA, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: South America, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Brazil, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Middle East, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: Africa, Photoelectric Sensor Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 28: Schneider, Baumer Group Financial Performance
  • Figure 29: Panasonic Financial Performance
  • Figure 30: Omron Corp. Financial Performance
  • Figure 31: Sick Financial Performance
  • Figure 32: Keyence Financial Performance
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