Industrial Automation Distance Measurement Sensor Market - Forecast(2021 - 2026)

Report Code: AIR 0194 Report Format: PDF + Excel (Delivery in 48 Hrs)
Global distance measurement sensor market valued around $2.5 billion in the year 2017 and is expected to grow at approximately, CAGR 2% during 2018-2023. Industrial automation distance measurement sensor market is segmented by sensor type, measurement principle, operating spectrum, application, end user and geography. The laser diode sensor segment is estimated acquire the highest market share valuing in excess of $600m in 2017 owing to the prominent adoption of these sensors for automated inspection applications across various industries

What is Distance measurement sensor?
Distance measurement sensors calculate the distance between the sensor and the object though various techniques such as Time-of-Flight (TOF), thru-beam sensing, retro reflective sensing, change in capacitance, inductance and so on. Laser triangulation techniques such as retro reflective and through beam sensing involves measurement of the angle between projected and reflected light to calculate the distance of the object. Time-of-Flight technique involves the measurement of travel time of the light, sonic or radio waves from the source to the object to generate the results. RADAR based distance measurement sensors are now gradually penetrating the industrial automation sector owing to its ability to measure large distances and independence on ambient environment or surface finish of the object. Confocal chromatic displacement measurement is an advanced non-contact distance measurement technique involving the assessment of change in white or infrared light spectral parameters in the reflected beam to obtain the distance reading. This market is estimated to witness prominent growth in excess of CAGR 4% during 2018-2023 owing to its ability for high precision measurement at high speeds irrespective of surface condition.

What are the major applications for Distance Measurement Sensors in Industrial Automation?
The various applications included in the report scope includes safety and people detection, contour and edge detection, counting, film thickness detection, height and level measurement, anti-collision, orientation or position detection and so on. These are the major applications of industrial automation, distance measurement sensors across various end user industries such as food and beverage, automotive, semiconductor and electronics, oil and gas, logistics and warehousing, metal processing, agriculture, chemicals, textile, pharmaceutical and so on.
The gradual increase in industrial robots in assembly lines of automotive, semiconductor and electronics sector to cope up with the blooming demand of the end products is driving the adoption of these sensors into those equipment for automated inspection at high speed and accuracy. Apart from that global increase in the demand for automated storage and retrieval systems, AGVs and other material handling systems for high speed and high volume warehousing is also set to assist the market growth in the future

Market Research and Market Trends of Industrial Automation Distance Measurement Sensors 
  • The growing prominence of precision farming in agricultural sector is resulting to the gradual increase in incorporation of various types of sensors for controlling boom heights on autonomous harvesters and tillage equipment, monitor silo level and remote tank and so on. These automated farming equipment detect the height and position of the crops or vegetables through these sensors and adjust the harvesters’ boom accordingly without any human intervention. Further the insecticide and pesticide spraying machineries are also using these sensors to detect the presence of the crops, disburse the chemicals precisely thereby reducing wastage.
  • Dual mode laser measurement sensors are now being used for various distance measurement applications in industrial applications. These sensors not only feature distance measurement but also detect the changes in intensity of light, which allows the parent system to detect even clear or transparent objects which conventional ones miss. Apart from this the distance measurement sensors is being incorporated with IO-link communication interface featuring bidirectional exchange of data. This IO-Link communication avails quick access as well as long term access for calculation of Overall Equipment Effectiveness (OEE) and predictive analysis of the systems. 
  • Osram Licht AG recently acquired Vixar, an expert in Vertical Cavity Surface Emitting Laser (VCSEL) to target distance measurement applications in industrial sector as well, apart from exploring its gesture recognition application in medical and automotive sector
  • Sick AG recently launched laser based long-range distance sensors for use in harsh environmental conditions such as dust, smoke, bad weather conditions and so on. These sensors are suitable for collision avoidance and position control of cranes, non-contact measurements in metal processing and so on.
  • Recently, scientists from Fraunhofer IAF have designed a compact W-band RADAR sensor module for various high precision industrial distance sensing applications such as screening packaged products, in harsh environmental conditions such as dust, fog, smoke and so on. The product has been analyzed to witness significant potential in printing and packaging applications.

Who are the Major Players in Industrial Automation Distance Measurement Sensors Market?
The companies referred in the market research report include the SICK AG, Omron, Pepperl+Fuchs, Baumer, Banner Engineering and others. The report incorporates indepth assessment of the competitive landscape, SWOT analysis, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.


LIST OF TABLES:

Table 1: GENOMIC SEQUENCER PRODUCT BENCHMARKING, BY PRODUCT TYPE
Table 2: NUMBER OF PATENTS REGISTERED BY MAJOR COMPANIES, 2010-2015
Table 3: TOP 5 FIANCIALS ANALYSIS: BY TOP 5 PLAYERS, 2014 ($BN EXCEPT EPS)
Table 4: GLOBAL GENOMICS MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($Million)
Table 5: VARIOUS BIOINFORMATICS TOOLS
Table 6: GLOBAL GENOMICS MARKET REVENUE, BY END-USERS, 2014-2020 ($Million)
Table 7: GLOBAL GENOMICS MARKET REVENUE, BY REGION, 2014-2020 ($Million)
Table 8: GENOMICS MARKET: NEW PRODUCT LAUNCHES
Table 9: GENOMICS MARKET: PARTNERSHIPS


LIST OF FIGURES:

Figure 1: Financial Analysis, By Company
Figure 2: Industrial Automation Distance Measurement Sensor Value Chain
Figure 3: North America Industrial Automation, Distance Measurement Sensor Market, By Sensing Technology 2015-2023, $Million 
Figure 4: North America Industrial Automation, Distance Measurement Sensor Market, By Measurement Type2015-2023, $Million 
Figure 5: North America Industrial Automation, Distance Measurement Sensor Market, By Industry vertical 2015-2023, $Million 
Figure 6: U.S. Industrial Automation, Distance Measurement Sensor Market, By Sensing Technology 2015-2023, $Million 
Figure 7: U.S. Industrial Automation, Distance Measurement Sensor Market, By Measurement Type 2015-2023, $Million 
Figure 8: U.S. Industrial Automation, Distance Measurement Sensor Market, By Industry Vertical 2015-2023, $Million 
Figure 9: Canada Industrial Automation, Distance Measurement Sensor Market, By Sensing Technology 2015-2023, $Million 
Figure 10: Canada Industrial Automation, Distance Measurement Sensor Market, By Measurement Type2015-2023, $Million 
Figure 11: Canada Industrial Automation, Distance Measurement Sensor Market, By Industry Vertical 2015-2023, $Million 
Figure 12: Mexico Industrial Automation, Distance Measurement Sensor Market, By Sensing Technology 2015-2023, $Million 
Figure 13: Mexico Industrial Automation, Distance Measurement Sensor Market, By Measurement Type 2015-2023, $Million 
Figure 14: Mexico Industrial Automation, Distance Measurement Sensor Market, By Industry Vertical 2015-2023, $Million