Global Laser Displacement Sensor Market Growth 2023-2029

Global Laser Displacement Sensor Market Growth 2023-2029

Product Code:457365

Published Date: Feb 08,2023

Pages: 113

Region: Global

Category: Machinery & Equipment

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Laser displacement sensors also called laser distance sensors, are comprised of a light-emitting element and a position sensitive detector (PSD). A semiconductor laser is used as the light emitting element. A lens focuses the beam on the target. The target reflects the beam back through the lens where it is focused on the position-sensitive detector (PSD), forming a beam spot. The beam spot moves as the target moves. Displacement can be determined by detecting the movement of the beam spot.

LPI (LP Information)' newest research report, the “Laser Displacement Sensor Industry Forecast” looks at past sales and reviews total world Laser Displacement Sensor sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Displacement Sensor sales for 2023 through 2029. With Laser Displacement Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Displacement Sensor industry.

This Insight Report provides a comprehensive analysis of the global Laser Displacement Sensor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Displacement Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Displacement Sensor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Displacement Sensor and breaks down the forecast by resolution, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Displacement Sensor.

The global Laser Displacement Sensor market size is projected to grow from US$ 1437.7 million in 2022 to US$ 2503.7 million in 2029; it is expected to grow at a CAGR of 2503.7 from 2023 to 2029.

Global key manufacturers of laser displacement sensor include KEYENCE, Panasonic and SICK, etc. The top three players hold a share about 60%. Japan is the largest producer, holds a share around 59%, followed by North America and Europe, both holding a share about 13 percent. The largest market is North America, has a share about 28%, followed by Europe and China, with around 26% and 18% market share respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Displacement Sensor market by product resolution, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by resolution
    2µm and Below
    3 ~ 10µm
    11 ~ 50µm
    51 ~ 100µm
    101 ~ 500µm
    Others

Segmentation by application
    Automotive Industry
    Aerospace and Military Industry
    Industrial Manufacturing
    Electronics and Photovoltaic Industry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    KEYENCE
    Panasonic
    SICK
    COGNEX
    OMRON
    OPTEX
    Turck
    Banner Engineering
    Micro-Epsilon
    Baumer
    Leuze
    SENSOPART
    ELAG
    Pepperl&Fuchs
    Balluff
    Sunny Optical
    Acuity
    MTI Instruments (VITREK)

Key Questions Addressed in this Report
What is the 10-year outlook for the global Laser Displacement Sensor market?
What factors are driving Laser Displacement Sensor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Laser Displacement Sensor market opportunities vary by end market size?
How does Laser Displacement Sensor break out resolution, application?
What are the influences of COVID-19 and Russia-Ukraine war?