Global Laser Displacement Sensors Market 2018-2022
- Published: Apr 2018
- Pages: 80
- SKU: IRTNTR21158
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This industry research report presents a comprehensive analysis of the laser displacement sensors market by end-user such as automotive, industrial, and others. The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.
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Overview of the global laser displacement sensors market
Technavio’s market research analysts have identified the growth of industrial automation and robotics as one of the primary factors that will trigger the growth of the laser displacement sensors market in the coming years. Industries across the world are facing a tough challenge due to widespread globalization, including fluctuating raw material prices, stringent regulations, and constant pressure to increase revenue. To achieve operational efficiency, manufacturers across the world are focusing on automation technologies. Industrial automation and robotics employ variety of wireless sensors and laser displacement sensors are the state-of-the-art. Laser displacement sensors are crucial components of industrial robotics as they allow sensing, recognition, and interpretation. Our market research analysts estimate that this market will grow steadily at a CAGR close to 7% by 2022.
The advent of industry 4.0 and smart manufacturing is one of the key trends in the laser displacement sensors market. The fourth industrial revolution was developed in 2013 and this trend helps in executing automation and data exchange in industrial manufacturing technologies. Industry 4.0 is a combination of cyber-physical systems, IoT, and cloud computing.
The laser displacement sensors market appears to be fragmented due to the presence of several vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the laser displacement sensor manufacturers to sustain among the competitors in the market. Technavio’s analysts also study the key market areas along with the product offerings of the vendors in the market.
The report includes an analysis of a number of companies in this marketspace including -
- Schmitt Industries
Segmentation by end-user and analysis of the laser displacement sensors market
The automotive segment accounted for the major share of the market during 2017. The industry offers significant growth opportunties to laser displacement sensor manufacturers due to the growth in automobile production. According to our market research analysts, the market will continue to witness considerable growth in this end-user segment during the forthcoming years as well.
Geographical segmentation and analysis of the laser displacement sensors market
In terms of geography, APAC accounted for the majority of shares in the market during 2017. The market in this region is growing positively due to the increasing automobile manufacturing activities in the emerging economies.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global laser displacement sensors market?
- What are the key market trends impacting the growth of the global laser displacement sensors market?
- What are the challenges to market growth?
- Who are the key vendors in the global laser displacement sensors market?
- What are the market opportunities and threats faced by the vendors in the global laser displacement sensors market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global laser displacement sensors market?
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Automotive – Market size and forecast 2017-2022
- Industrial – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Advent of Industry 4.0 and smart manufacturing
- Demand for high-precision miniaturized electronic devices
- Rapid electrification of mechanical components
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Schmitt Industries
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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