The global photoelectric sensors market has maintained a long-term market leadership; however, recently new groups of sensors such as ultrasonic sensors as well as low-end vision sensors are competing with photoelectric sensors by functioning in similar application areas. While these sensors not only maintain a competitive edge by being price competitive, they also add value for end-users with more functionality.
Industrial automation is also principally driving the photoelectric sensors market globally. Additionally, the photoelectric sensors in parking facilities are used for the detection of the car positioning and level adjusting at multi-level car parking.
High consistency and easy installation of the retro reflective photoelectric sensors is also driving the global photoelectric sensors market. These sensors are used for object detection even with misaligned, heavy soiling, small reflectors and long range.
Growth of photoelectric sensors market is hindered due to the high cost of fiber optic photoelectric sensor. The fiber optic photoelectric sensors are best suited for extreme conditions like extreme heat, hazardous, corrosive and explosive environment.
Moreover, it is flexible and can be precisely positioned. However, the demand of fiber optic photoelectric sensor is comparatively low due to high cost factor.
Implementation of smart photoelectric sensors in diverse application is identified as a major opportunity. These sensors have the in-built intelligence that improves the reliability and optimize the adjustments.
This in built intelligence is likely to offer easier and exact adjustment that optimizes photoelectric sensor's reliability. Moreover, these smart sensors deliver superior self diagnostics and have the capability to interface with sensor networks.
The conventional photoelectric sensor faced problem in detection of transparent objects. For instance, a web sensing application produces a low contrast if the web material allows much of the sensing light to pass through.
In this situation, the operator has to align and adjust the sensor to obtain high contrast. But this is not the situation with the smart photoelectric sensors as the sensors have in built microprocessor chips to monitor received light signals and display the values using liquid-crystal-display (LCD) digital readouts.
The latest trend gaining momentum in the market is Emergence of integrated smart sensors. A smart sensor is a device that collects input from the environment, compares it with the in-built data, and performs the predefined functions.
It provides advantages in reduction of interconnecting wires, offers reliability, and better performance of a facility. These flexible systems need rugged packaging and are easy to use and maintain.
The major application areas, which are prone to using smart sensors are structural monitoring to detect damages in the industry and geographical mapping to detect minerals or presence of tunnels.
This report studies Photoelectric Sensor in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
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