What is the current Photoelectric Sensor Market size?

The Photoelectric Sensor Market is projected to register a CAGR of 7.20% during the forecast period (2024-2029) Read More

Who are the key players in Photoelectric Sensor Market?

Omron, Keyence, Sick AG, Schneider Electric and Panasonic are the major companies operating in the Photoelectric Sensor Market. Read More

Which is the fastest growing region in Photoelectric 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 Photoelectric Sensor Market?

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

What years does this Photoelectric Sensor Market cover?

The report covers the Photoelectric Sensor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Photoelectric Sensor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Photoelectric Sensor Market - Share, Size & Growth

Photoelectric Sensor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Photoelectric Sensor Manufacturers and the market is Segmented by Type (Laser Photoelectric Sensor, Fiber Optics Photoelectric Sensor), Technology (Through-Beam, Reflective, Diffuse), End-user Industry(Consumer Electronics, Automotive, and Transportation, Packaging), and Geography.

Photoelectric Sensor Industry Overview

The availability of several players providing photoelectric sensors has intensified the competition in the market. Therefore, the market is fragmented, with many companies developing expansion strategies.

October 2019 - Omron released E3AS Series TOF Photoelectric Sensors with compact size and 1,500 mm sensing distance. Its cutting-edge E3AS photoelectric sensors employ time-of-flight (TOF) detection and an antifouling coating to provide exceptional performance in the toughest environments.
April 2019 - SICK AG partnered with a software solution provider, AutoCoding Systems (ACS). This partnership may enable SICK to provide customers with a combined package of SICK's sensor technology and ACS's software platform.