Laser Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Laser Sensor Market is Segmented by Component (Hardware & Software, Services), End-User Industry (Electronics Manufacturing, Aviation, Construction, Automotive), and Geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Laser Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Laser Sensor Industry Overview

The Laser Sensor market is highly competitive owing to the presence of multiple vendors. The market appears to be moderately concentrated. Multiple non-laser companies are entering the market to leverage the opportunities its presents or use the sensors for their applications. Additionally, many laser manufacturers are making acquisitions to expand their product portfolio. Some of the recent developments in the industry are as follows: -

  • April 2020 - SmartRay launched one more product in its ECCO sensor family which is balanced for the diverse application requirements of consumer electronics manufacturing. Utilizing SmartRay's blue laser technology for image quality and repeatability, even for applications with low field-of-view, ECCO 95.020 offers 3D scanning of up to 20 million points per second.
  • November 2019 - Micro-Epsilon has extended its optoNCDT 1750 portfolio which comprises laser triangulation sensors with the introduction of a new Blue Laser version for measuring fast-displacement, distance, and position. The sensors have new high-performance lenses, laser control, and evaluation algorithms to facilitate precise measurements on different surfaces and materials.

Laser Sensor Market Leaders

  1. Keyence Corporation

  2. Baumer Electric AG

  3. SmartRay GmbH

  4. Micro-Epsilon Messtechnik GmbH & Co. KG

  5. IFM Electronics GmbH

  6. *Disclaimer: Major Players sorted in no particular order
Laser Sensor Market Concentration