Global Distance Measuring Optical Sensors Market Growth 2023-2029

Global Distance Measuring Optical Sensors Market Growth 2023-2029

Distance measuring optical sensor is an optical sensor to use laser or LED light to quickly and precisely measure distances on a wide range of materials, even at large ranges.

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

This Insight Report provides a comprehensive analysis of the global Distance Measuring Optical Sensors 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 Distance Measuring Optical Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Distance Measuring Optical Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Distance Measuring Optical Sensors and breaks down the forecast by type, 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 Distance Measuring Optical Sensors.

The global Distance Measuring Optical Sensors market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Global Distance Measuring Optical Sensors key players include KEYENCE, SICK, Panasonic, OMRON, COGNEX, etc. Global top five manufacturers hold a share over 65%.

USA is the largest market, with a share over 25%, followed by China and Japan, both have a share over 25%.

In terms of product, Laser is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial automation, followed by Logistics, Hazards Measurement, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Distance Measuring Optical Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Laser

LED

Segmentation by application

Industrial Automation

Construction

Logistics

Hazards Measurement

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.

Acuity

Balluff

BANNER

Banner Engineering

Baumer

COGNEX

ELAG

KEYENCE

KEYENCE

Leuze

Micro-Epsilon

MTI Instruments

Omron

OPTEX

Panasonic

Pepperl+Fuchs

SENSOPART

SensoPart

SHARP

SICK

Sunny Optical

Turck

Key Questions Addressed in this Report

What is the 10-year outlook for the global Distance Measuring Optical Sensors market?

What factors are driving Distance Measuring Optical Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Distance Measuring Optical Sensors market opportunities vary by end market size?

How does Distance Measuring Optical Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.