How big is the Colour Detection Sensor Market?

The Colour Detection Sensor Market size is expected to reach USD 1.5 billion in 2024 and grow at a CAGR of 7.18% to reach USD 2.12 billion by 2029. Read More

What is the current Colour Detection Sensor Market size?

In 2024, the Colour Detection Sensor Market size is expected to reach USD 1.5 billion. Read More

Who are the key players in Colour Detection Sensor Market?

SICK AG, EMX Industries Inc., Wenglor Sensoric GmbH, Vishay Intertechnology, Inc. and Panasonic Corporation are the major companies operating in the Colour Detection Sensor Market. Read More

Which is the fastest growing region in Colour Detection Sensor Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Colour Detection Sensor Market?

In 2024, the North America accounts for the largest market share in Colour Detection Sensor Market. Read More

What years does this Colour Detection Sensor Market cover, and what was the market size in 2023?

In 2023, the Colour Detection Sensor Market size was estimated at USD 1.39 billion. The report covers the Colour Detection Sensor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Colour Detection Sensor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Colour Detection Sensor Market Share

Statistics for the 2023 & 2024 Colour Detection Sensor market share, created by Mordor Intelligence™ Industry Reports. Colour Detection Sensor share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Colour Detection Sensor Industry

The color detection sensor market is fragmented due to low entry barriers. Some key players in the market are SICK AG, EMX Industries Inc., Wenglor Sensoric GmbH, Vishay Intertechnology Inc., and Panasonic Corporation.

In November 2023, SICK Ag unveiled a significant enhancement to its color sensor lineup, debuting the CSS and CSX models known for their high resolution and speed. The CSS, SICK's latest flagship, stands out for its unparalleled color resolution, excelling in discerning even the most subtle shade variations. Its prowess in recognizing nuanced surface textures broadens its potential applications.
In October 2023, Balluff GmbH opened its new production facility in Aguascalientes, Mexico, enabling the sensor and automation specialist to achieve its planned growth while creating resilient supply chains. The new site would help the company supply its customers in the Americas region with locally produced products with high availability and short delivery times.