Photoelectric sensor

Photoelectric Sensors Market Worth $ 3.4 Billion by 2031 | CAGR: 7.6% - TMR Study

Retrieved on: 
Monday, October 3, 2022

The global photoelectric sensors market is forecast to expand at CAGR of 7.6 % from 2022 to 2031.

Key Points: 
  • The global photoelectric sensors market is forecast to expand at CAGR of 7.6 % from 2022 to 2031.
  • Growing demand for built-in amplifier photoelectric sensors in wafer detection applications underpins a vast revenue potential for firms in photoelectric sensors market, observed the TMR analysts.
  • Rising demand from food & beverages industry has allowed sensor manufacturers to grow their photoelectric sensors market shares.
  • A TMR study scrutinizing the strategic dynamics of the photoelectric sensors market found that competition landscape is characterized by high degree of consolidation.

Photoelectric Sensors Market Worth $ 3.4 Billion by 2031 | CAGR: 7.6% - TMR Study

Retrieved on: 
Monday, October 3, 2022

The global photoelectric sensors market is forecast to expand at CAGR of 7.6 % from 2022 to 2031.

Key Points: 
  • The global photoelectric sensors market is forecast to expand at CAGR of 7.6 % from 2022 to 2031.
  • Growing demand for built-in amplifier photoelectric sensors in wafer detection applications underpins a vast revenue potential for firms in photoelectric sensors market, observed the TMR analysts.
  • Rising demand from food & beverages industry has allowed sensor manufacturers to grow their photoelectric sensors market shares.
  • A TMR study scrutinizing the strategic dynamics of the photoelectric sensors market found that competition landscape is characterized by high degree of consolidation.

Global Photoelectric Sensors Market to Reach $2 Billion by 2026

Retrieved on: 
Wednesday, March 23, 2022

SAN FRANCISCO, March 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Photoelectric Sensors - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Photoelectric Sensors - Global Market Trajectory & Analytics" .
  • Amid the COVID-19 crisis, the global market for Photoelectric Sensors estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2026, growing at a CAGR of 5.8% over the analysis period.
  • This segment currently accounts for a 26.9% share of the global Photoelectric Sensors market.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

New Balluff Photoelectric Sensors Provide Condition Monitoring Data

Retrieved on: 
Friday, March 26, 2021

FLORENCE, Ky., March 26, 2021 /PRNewswire-PRWeb/ --The new photoelectric sensors with condition monitoring from Balluff deliver capabilities not yet seen before in the market.

Key Points: 
  • FLORENCE, Ky., March 26, 2021 /PRNewswire-PRWeb/ --The new photoelectric sensors with condition monitoring from Balluff deliver capabilities not yet seen before in the market.
  • In addition to providing solid photoelectric sensing, they deliver the condition monitoring and advanced IO-Link features of the Smart Automation and Monitoring System (SAMS) portfolio, meant to eliminate downtime by simplifying trouble shooting, changeover, and setup of machines.
  • All new SAMS products, including these new photoelectric sensors, are self-monitoring, providing internal environmental data in real time, including temperature monitoring, relative humidity, inclination detection, and vibration monitoring.
  • Two new photoelectric sensors are now available:
    BOS0286 a retroflective sensor with an LED, which can reliably detect clear objects
    "I've been working with sensors for a long time and I'm amazed at the capabilities of these sensors.

Balluff's New IO-Link Photoelectric Sensors Provide IP67 and IP69 Protection, Ecolab Approval

Retrieved on: 
Friday, December 18, 2020

FLORENCE, Ky., Dec. 18, 2020 /PRNewswire-PRWeb/ --Balluff's newest photoelectric sensors provide the benefits of IO-Link with an impressive detection range of up to 20 meters.

Key Points: 
  • FLORENCE, Ky., Dec. 18, 2020 /PRNewswire-PRWeb/ --Balluff's newest photoelectric sensors provide the benefits of IO-Link with an impressive detection range of up to 20 meters.
  • The new additions deliver the same high quality as our existing 21M product line with three optical operations a diffuse sensor, a retroflective sensor, and a through-beam emitter and receiver.
  • Each is rated IP67 and IP69K and is also Ecolab approved thanks in part to a newly design metal housing with improved sealing and a plastic lens.
  • This makes them an ideal choice for packaging, food and beverage applications as well as general factory automation.

Global Photoelectric Sensor Market (2020 to 2025) - Ongoing Digitization and Emerging Connected Industries Presents Opportunities

Retrieved on: 
Friday, November 20, 2020

Major factors driving the growth of the photoelectric sensor market include extensive use of photoelectric sensors in different industries, increased adoption of retroreflective photoelectric sensors in various applications, and surged adoption of industrial robots across several regions.

Key Points: 
  • Major factors driving the growth of the photoelectric sensor market include extensive use of photoelectric sensors in different industries, increased adoption of retroreflective photoelectric sensors in various applications, and surged adoption of industrial robots across several regions.
  • Based on type, the retroreflective segment held the largest share of the photoelectric sensor market in 2019.
  • In 2019, the retroreflective segment held the largest share of the photoelectric sensor market, and this trend is projected to prevail during the forecast period.
  • Based on range, the 100 to 1,000 mm range segment held the largest share of the photoelectric sensor market in 2019.

The Worldwide Photoelectric Sensor Industry is Projected to Reach $2.1 Billion by 2025 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 16, 2020

The photoelectric sensor market was valued at USD 1.4 billion in 2019 and is projected to reach USD 2.1 billion by 2025; it is expected to grow at a CAGR of 7.8% from 2020 to 2025.

Key Points: 
  • The photoelectric sensor market was valued at USD 1.4 billion in 2019 and is projected to reach USD 2.1 billion by 2025; it is expected to grow at a CAGR of 7.8% from 2020 to 2025.
  • Based on type, the retroreflective segment held the largest share of the photoelectric sensor market in 2019.
  • In 2019, the retroreflective segment held the largest share of the photoelectric sensor market, and this trend is projected to prevail during the forecast period.
  • Based on range, the 100 to 1,000 mm range segment held the largest share of the photoelectric sensor market in 2019.

Photoelectric Sensor Market with COVID-19 Impact Analysis by Type, Range, Structure, Beam Source, Output, Application and Geography - Global Forecast to 2025

Retrieved on: 
Tuesday, November 10, 2020

Major factors driving the growth of the photoelectric sensor market include extensive use of photoelectric sensors in different industries, increased adoption of retroreflective photoelectric sensors in various applications, and surged adoption of industrial robots across several regions.

Key Points: 
  • Major factors driving the growth of the photoelectric sensor market include extensive use of photoelectric sensors in different industries, increased adoption of retroreflective photoelectric sensors in various applications, and surged adoption of industrial robots across several regions.
  • Retroreflective photoelectric sensors are used in pharmaceuticals and medical applications to avoid the empty packaging of tablets.
  • The modernization of machinery and other manufacturing systems to ensure less human interference are also driving the growth of the photoelectric sensor market.
  • The study includes an in-depth competitive analysis of these key players in the photoelectric sensor market, with their company profiles, recent developments, and key market strategies.

Photoelectric Sensor Market worth $2.1 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, November 3, 2020

APAC is projected to account for the largest share of the photoelectric sensor market in 2025.

Key Points: 
  • APAC is projected to account for the largest share of the photoelectric sensor market in 2025.
  • The growth of the market in this region can be attributed to the increased demand for photoelectric sensors from industrial manufacturing, consumer electronics, and building automation applications.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Photoelectric Sensor Market worth $2.1 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, November 3, 2020

APAC is projected to account for the largest share of the photoelectric sensor market in 2025.

Key Points: 
  • APAC is projected to account for the largest share of the photoelectric sensor market in 2025.
  • The growth of the market in this region can be attributed to the increased demand for photoelectric sensors from industrial manufacturing, consumer electronics, and building automation applications.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.