Middle East & Africa Laser Distance Sensor Market Forecast to 2030 - Regional Analysis - by Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 S

Middle East & Africa Laser Distance Sensor Market Forecast to 2030 - Regional Analysis - by Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 Sigma, and 5 mm at 2 Sigma), and End User (Manufacturing, Construction, Automotive and Robotics, Aerospace and Defense, Geospatial Industry, and Others)

The Middle East & Africa laser distance sensor market was valued at US$ 79.24 million in 2022 and is expected to reach US$ 129.29 million by 2030; it is estimated to register at a CAGR of 6.3% from 2022 to 2030.

Strategic Initiatives by Market Players Bolster Middle East & Africa Laser Distance Sensor Market

Laser distance sensors provide precise distance, spacing, and position measurements. They provide accurate and precise measurement of distance, making them ideal for application in consumer electronics, medical, industrial, automation, and other such industries. With the rise in demand from these industries, a few major players in the laser distance sensor market are focused on implementing a wide range of organic and inorganic growth strategies to cater to the growing demand for several industry verticals, further driving the laser distance sensor market. A few of these growth strategies are mentioned below:

In March 2023, Panasonic presented the new laser distance sensor HG-F, which can detect reliably at distances of up to 3 m using ToF (Time of Flight) technology. The sensor can also be installed at a certain distance from the object to be measured so that employees or the movement radius of cobots or robot arms can operate freely.

In June 2023, Micro-Epsilon, a precision sensor supplier, introduced a non-contact laser distance sensor that measures distances up to 270 m with a resolution of 1 mm. This sensor measures reliably even in difficult environments such as dark, structured, or weakly reflecting objects.

Middle East & Africa Laser Distance Sensor Market Overview

In the Middle East & Africa (MEA), the laser distance sensor market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. A few prominent industries across the region are consumer electronics, automotive, and telecommunications. The growing automotive industry in the MEA propels the demand for laser distance sensors for the vehicle's inclusion of sensing technologies. According to the Managing Director of Nissan Middle East, in March 2022, the company reported a 9.9% sales increase across the Gulf in the first three quarters of 2021 compared to the same quarters of 2020. Thus, rising sales of automotive vehicles boost the demand for laser distance sensors for automotive sensing functionalities, which fuels the laser distance sensor market in the region.

Middle East & Africa Laser Distance Sensor Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa laser distance sensor market Segmentation

The Middle East & Africa laser distance sensor market is segmented based on distance, accuracy, end user, and country.

Based on distance, the Middle East & Africa laser distance sensor market is segmented into between 2 and 10 meters, between 11 and 100 meters, between 101 and 200 meters, and between 201 and 500 meters. The between 101 and 200 meters segment held the largest share in 2022.

In terms of accuracy, the Middle East & Africa laser distance sensor market is segmented into 1 mm at 2 sigma, 3 mm with 2 sigma, and 5 mm at 2 sigma. The 3 mm with 2 sigma segment held the largest share in 2022.

By end user, the Middle East & Africa laser distance sensor market is segmented into manufacturing, construction, automotive and robotics, aerospace and defense, geospatial industry, and others. The automotive and robotics segment held the largest share in 2022.

Based on country, the Middle East & Africa laser distance sensor market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa laser distance sensor market in 2022.

Sick AG, ifm Electronic GmbH, Baumer Holding AG, Keyence Corp, Leuze electronic GmbH & Co KG, and Jenoptik AG are some of the leading companies operating in the Middle East & Africa laser distance sensor market.

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