1. Market Research
  2. > Manufacturing
  3. > Electronic Component
  4. > Semiconductor Market Trends
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

Summary

Table of Contents

Search Inside

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.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Optical Sensors Market Research Report by Sensor Type, by Ptoduct, by Application, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 3949
  • January 2022
  • 209 pages

Optical Sensors Market Research Report by Sensor Type (Ambient Light and Proximity Sensor, Biomonitor Sensor, and Fiber Optic Sensor), by Ptoduct (Extrinsic Optical Sensor and Intrinsic Optical Sensor), ...

  • World
  • Security Detector
  • Sensor
  • Industry analysis

ref:plp2021

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on