Laser Displacement Sensor Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: SICK, KEYENCE, Panasonic, COGNEX

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Laser Displacement Sensor Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.8% during the review period (2022 to 2027).

Laser Displacement Sensor Market Overview

A laser displacement sensor covers a light-emitting element and a position-sensitive detector (PSD), which detects its target by using the triangulation method. In this, a semiconductor laser is used as a light-emitting element. Moreover, a lens focuses the beam on the target that reflects the beam back through a lens where it is focused on PSD. Laser displacement sensors are used to measure an object’s diameter, width, height, stroke and positioning, vibration, decentering and deflection, flatness, warpage, and thickness. On the basis of range, the segments into which the global laser displacement sensor market is divided are less than 100mm, 100mm to 300 mm, and more than 300mm. Of them, the segment of more than 300mm range holds dominance in the overall market. The emerging semiconductor laser technologies are significantly revolutionizing the industrial automation process. IIoT is expected to become a game-changer for the modern factory providing a new trend to the market. The applications of an industrialized inspection need detection of the presence and absence of an object. This can be solved by using a laser sensor to address quality control tasks.

Industry Updates:

Space for inspiration and innovation

Sitting at school desks is a thing of the past. One can clearly feel a fresh spirit as soon as one enters the new building. The modern, open and bright architecture indicates that further education can be inspiring, demanding and fun – and shows how important SICK considers the communication and exchange of knowledge for its corporate success.

The kind of further education where someone stands at the front while the others listen is an outdated concept – after a bit of role play and a round of feedback, students receive a file full of papers and a certificate and then trot back to their daily work. This is not the case at the SICK Sensor Intelligence Academy (SIA). Since its founding in 1998, it has rapidly discarded the image of an ‘internal adult education center’ and continued to develop. The range on offer was expanded to employees at the international subsidiaries in 2014, and a start-up focusing on customer training was founded in 2018. The start-up was integrated into the SIA in early 2019 and the teams moved on to the campus together.

The new building in the Schlosspark in the Buchholz suburb (just three kilometers from the company’s headquarters) provides SICK with a modern and innovative learning environment. On the one hand, the opportunities for further education are still available for SICK’s employees to expand their specialist, methodological, and social competences. On the other hand, the new customer center offers the possibility of providing customers with practical training. In addition, companies outside SICK’s customer base are also sincerely welcome to use the highly varied opportunities offered by the new premises. SICK thus mirrors its open, solution-oriented approach on an international campus.

What are the major Applications, Types and Regions for Laser Displacement Sensor Market?

Laser Displacement Sensor Market is segmented based on the type, applications, companies and regions.

Market Volume (%) By Type, it is segmented into

• <100mm


• 100mm-300mm


• >300mm


• Compact


• Ultra-compact


• Others

In the global Laser Displacement Sensor Market, by Range, >300 sub-segment dominated the global market in 2020, accounting for 71.2% share in terms of value, followed by Android and Windows respectively.

Market Volume (%) By Applications it is segmented into

• Automotive Industry


• Aerospace & Military Industry


• Industrial Manufacturing


• Electronics and Photovoltaic Industry


• Manufacturing Plant Management


• Security and Surveillance


• Motion and Guidance


• Other

Laser Displacement Sensor Market Regional Analysis

Asia Pacific region dominated the global Laser Displacement Sensor Market in 2020, accounting for 34.1% share in terms of value, followed by North America, Europe, Middle East, and Africa, and Latin America. In North America, laser displacement sensors are being employed by industrial robots as measuring tools. According to Robotic Industries Association (RIA), the robotics market in North America registered record orders and shipments in 2016. A total of 32,116 robots valued at US$ 2.1 Billion were ordered by companies from North America during 2016, an increase of 16% in units and 11% in dollars over 2014. Moreover, robot shipments set new records, with 28,049 robots valued at US$ 1.8 Billion shipped to customers in North America, in 2016. This trend is expected to continue during the forecast period, owing to a positive view of various industries toward the implementation of robots in the operational process.

All these factors greatly affect the Laser Displacement Sensor market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Laser Displacement Sensor Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Laser Displacement Sensor Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Laser Displacement Sensor Market report scope?

The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.

Key Highlights from this Laser Displacement Sensor Report

• A comprehensive backdrop analysis, which contains an assessment of the parent market


• Essential changes in market dynamics.


• Market segmentation up to the second or third level.


• Historical, current, and projected size of the market from the standpoint of both value and volume.


• Reporting and evaluation of recent industry developments.


• Market shares and strategies of major players.


• Emerging niche segments and regional markets.


• An objective assessment of the trajectory of the market.


• Recommendations to companies for strengthening their foothold in the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Laser Displacement Sensor Market is studied from 2017 - 2027.

What is the growth rate of Laser Displacement Sensor Market?

The Laser Displacement Sensor Market is growing at a CAGR of 6.8% over the next 5 years.

Who are the key players in Laser Displacement Sensor Market?

SICK, Turck, ELAG, Acuity, MTI Instruments, SENSOPART, ZSY, Sunny Optical, Leuze, KEYENCE CORPORATION (Japan), Micro-Epsilon (Germany), ifm electronic (Germany), Rockwell Automation, Inc. (US), Panasonic Corporation (US), OMRON Corporation (Japan), SmartRay GmbH (Germany), Schmitt Industries, Inc. (US), Banner Engineering Corp. (US), Baumer Electric AG (Switzerland), LAP GmbH Laser Applications (Germany), First Sensor AG (Germany), WayCon Positionsmesstechnik GmbH (Germany), Laser Technology, Inc. (the US), OPTEX CO., LTD (Japan), TECHNOS INSTRUMENTS (India), ASM Automation Sensorik Messtechnik GmbH (Germany), Capacitec, Inc. (US), burster präzisionsmesstechnik gmbh & co kg (Germany), Variohm EuroSensor (UK), MTI Instruments Inc. (US), Balluff GmbH (Germany), Dimetix AG (Switzerland), and Cognex Corporation (US)

What region does this Laser Displacement Sensor Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Laser Displacement Sensor Market?

<100mm, 100mm-300mm, >300mm, Compact, Ultra-compact, Others

What are the major end-use applications of Laser Displacement Sensor Market?

Automotive Industry, Aerospace & Military Industry, Industrial Manufacturing, Electronics and Photovoltaic Industry, Manufacturing Plant Management , Security and Surveillance, Motion and Guidance, Others.