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North America Photoelectric Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology and End-use

North America Photoelectric Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology and End-use

  • August 2021
  • 123 pages
  • ID: 6134403
  • Format: PDF
  • The Insight Partners


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The photoelectric sensor market in North America is expected to grow from US$ 409.99 million in 2021 to US$ 688.08 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028.

Photoelectric sensor 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 sensor 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 sensor 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 sensor 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 sensor 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.

North America is one of the leading regions in terms of the development and adoption of new technologies; this is mainly attributed to favorable government policies that boost innovation and strengthen the infrastructure capabilities.Hence, any impact on the growth of industrial sector hampers the economic growth of the region.

Presently, the US is the world’s worst-affected country due to COVID-19 outbreak.The industry’s reliance on human labour has been highlighted by the recent pause in industrial automation and development.

This is expected to showcase the benefits of robotics and automation in the post-lockdown phase, leading to increased adoption.The overall demand for industrial automation components and digitalization is likely to increase once the industries attain normal operational conditions; these technologies are a need of the hour amid high market competition worldwide.

Hence, the photoelectric sensor industry is projected to growth at a steady pace in the post-pandemic period.

The photoelectric sensor market is segmented based on technology and end-use.Based on technology, the market is segmented into retro-reflective, thru-beam, and diffused.

In 2020, the retro-reflective segment held the largest share in the market.A retro-reflective sensor includes sensor for glass detection and sensor with polarization filter.

In retro-reflective sensor, the emitter and receiver are installed in the same housing, and the light from the emitter is reflected back to the receiver by a reflector installed on the opposite side.Retro-reflective sensor detect distance ranging from several centimeters to several meters.

These sensor utilize a low hysteresis circuit to detect small changes in light that commonly occur while sensing clear objects. The low installation cost comparing to through-beam sensor is driving the segment growth. Further, enhanced reliability and accuracy offered by the retro-reflective sensor is bolstering its demand over other technologies.

The North America photoelectric sensor market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the North America photoelectric sensor market with respect to all the market segments.Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America photoelectric sensor market. Autonics Corporation; Balluff GmbH; Eaton Corporation plc.; ifm electronic GmbH; OMRON Corporation; Rockwell Automation, Inc.; Panasonic Corporation; SICK AG; Schneider Electric SE; and Keyence Corporation are among the leading companies in the market.

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