Product Code: GVR-4-68040-408-8
Laser Sensor Market Size & Trends:
The global laser sensor market size was estimated at USD 828.3 million in 2023 and is estimated to grow at a CAGR of 12.7% from 2024 to 2030. The increasing adoption of automation and Industry 4.0 principles across manufacturing sectors is a primary driver, as laser sensors play a crucial role in precision measurement and quality control. In addition, the rising demand for non-contact sensing technologies in various applications, from automotive to healthcare, is fueling market expansion. The need for high-accuracy distance measurement and object detection in robotics and autonomous systems is also contributing to the market growth. Furthermore, stringent safety regulations in industrial environments are boosting the adoption of laser sensors for personnel safety and machine guarding applications.
Current trends in the laser sensor market include the miniaturization of sensors, allowing for integration into smaller and more compact devices. There's also a growing focus on developing multi-functional laser sensors that can perform multiple sensing tasks simultaneously, reducing the need for multiple sensors and lowering overall system costs. The integration of artificial intelligence and machine learning capabilities into laser sensor systems is another significant trend, enabling more intelligent data analysis and predictive maintenance. In addition, advancements in laser technology are leading to the development of sensors with improved range, accuracy, and resilience to challenging environmental conditions.
The market is also seeing a shift towards the development of laser sensors for emerging applications. This includes their increasing use in smart cities for traffic management and infrastructure monitoring, in agriculture for precision farming techniques, and in the rapidly growing field of 3D sensing for augmented reality and facial recognition technologies. Moreover, there's a rising demand for laser sensors in the automotive sector, particularly for advanced driver assistance systems (ADAS) and autonomous vehicles. As these trends continue to evolve, the laser sensor market is expected to witness further innovation and expansion into new application areas.
Global Laser Sensor Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global laser sensor market report based on component, type, application, end-use, and region.
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Services
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Laser Displacement Sensors
- Laser Photoelectric Sensors
- Laser Scanners
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Security & Surveillance
- Motion & Guidance
- Process Monitoring & Quality Control
- Distance Measurement
- Manufacturing Plant Management
- Others
- End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Aerospace & Defense
- Food & Beverages
- Consumer Electronics
- Chemical
- Healthcare
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
- Kingdom of Saudi Arabia
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Laser sensor Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Laser sensor Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
- 3.3.2.4. Environmental Landscape
- 3.3.2.5. Legal Landscape
Chapter 4. Laser sensor Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Laser sensor Market: Component Movement Analysis, USD Million, 2023 & 2030
- 4.3. Hardware
- 4.3.1. Hardware in Laser sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software in Laser sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services in Laser sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Laser sensor Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Laser sensor Market: Type Movement Analysis, USD Million, 2023 & 2030
- 5.3. Laser Displacement Sensors
- 5.3.1. Laser Displacement Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Laser Photoelectric Sensors
- 5.4.1. Laser Photoelectric Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Laser Scanners
- 5.5.1. Laser Scanners Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Laser sensor Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Laser sensor Market: Application Movement Analysis, USD Million, 2023 & 2030
- 6.3. Security & Surveillance
- 6.3.1. Security & Surveillance Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Motion & Guidance
- 6.4.1. Motion & Guidance market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Process Monitoring & Quality Control
- 6.5.1. Process Monitoring & Quality Control market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Distance Measurement
- 6.6.1. Distance Measurement System market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Manufacturing Plant Management
- 6.7.1. Manufacturing Plant Management market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Other Applications market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Laser sensor Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Laser sensor Market: End Use Movement Analysis, USD Million, 2023 & 2030
- 7.3. Automotive
- 7.3.1. Automotive Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Aerospace & Defense
- 7.4.1. Aerospace & Defense market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Food & Beverages
- 7.5.1. Food & Beverages market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Consumer Electronics
- 7.6.1. Consumer Electronics System Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Chemical
- 7.7.1. Chemical Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8. Healthcare
- 7.8.1. Healthcare Application market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.9. Others
- 7.9.1. Other Applications market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Laser sensor Market: Regional Estimates & Trend Analysis
- 8.1. Laser sensor Market Share, By Region, 2023 & 2030, USD Million
- 8.2. North America
- 8.2.1. North America Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.2.3. Canada
- 8.2.3.1. Canada Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.3. Europe
- 8.3.1. Europe Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.3.2. UK
- 8.3.2.1. UK Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.3.3. Germany
- 8.3.3.1. Germany Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.3.4. France
- 8.3.4.1. France Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.4.2. China
- 8.4.2.1. China Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.4.3. Japan
- 8.4.3.1. Japan Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.4.4. India
- 8.4.4.1. India Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.4.6. Australia
- 8.4.6.1. Australia Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.5. Latin America
- 8.5.1. Latin America Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.6.2. South Africa
- 8.6.2.1. South Africa Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Saudi Arabia Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
- 8.6.4. UAE
- 8.6.4.1. UAE Laser sensor Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Heat Map Analysis
- 9.7. Strategy Mapping
- 9.8. Company Profiles/Listing
- 9.8.1. Keyence Corporation
- 9.8.1.1. Company Overview
- 9.8.1.2. Product Offerings
- 9.8.1.3. Financial Performance
- 9.8.1.4. Strategic Developments
- 9.8.2. Banner Engineering
- 9.8.2.1. Company Overview
- 9.8.2.2. Product Offerings
- 9.8.2.3. Financial Performance
- 9.8.2.4. Strategic Developments
- 9.8.3. SICK AG
- 9.8.3.1. Company Overview
- 9.8.3.2. Product Offerings
- 9.8.3.3. Financial Performance
- 9.8.3.4. Strategic Developments
- 9.8.4. Rockwell Automation
- 9.8.4.1. Company Overview
- 9.8.4.2. Product Offerings
- 9.8.4.3. Financial Performance
- 9.8.4.4. Strategic Developments
- 9.8.5. OMRON Corporation
- 9.8.5.1. Company Overview
- 9.8.5.2. Product Offerings
- 9.8.5.3. Financial Performance
- 9.8.5.4. Strategic Developments
- 9.8.6. Baumer Group
- 9.8.6.1. Company Overview
- 9.8.6.2. Product Offerings
- 9.8.6.3. Financial Performance
- 9.8.6.4. Strategic Developments
- 9.8.7. Panasonic Corporation
- 9.8.7.1. Company Overview
- 9.8.7.2. Product Offerings
- 9.8.7.3. Financial Performance
- 9.8.7.4. Strategic Developments
- 9.8.8. Leuze electronic GmbH
- 9.8.8.1. Company Overview
- 9.8.8.2. Product Offerings
- 9.8.8.3. Financial Performance
- 9.8.8.4. Strategic Developments
- 9.8.9. Schneider Electric
- 9.8.9.1. Company Overview
- 9.8.9.2. Product Offerings
- 9.8.9.3. Financial Performance
- 9.8.9.4. Strategic Developments
- 9.8.10. Schmitt Industries Inc
- 9.8.10.1. Company Overview
- 9.8.10.2. Product Offerings
- 9.8.10.3. Financial Performance
- 9.8.10.4. Strategic Developments
- 9.8.11. SmartRay GmbH.
- 9.8.11.1. Company Overview
- 9.8.11.2. Product Offerings
- 9.8.11.3. Financial Performance
- 9.8.11.4. Strategic Developments