The Europe Photoelectric Sensors Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 5,559.2 thousand units, showcasing a growth of 5.9% (2019-2022).
Photoelectric sensors are increasingly utilized in healthcare and biotechnology for tasks like liquid level detection in medical equipment, monitoring fluid flow in laboratory instruments, and ensuring precision in diagnostic devices. In retail and logistics, these sensors are deployed for inventory management, object counting, and packaging verification. These sensors contribute to the optimization of supply chain processes by providing accurate and real-time data. Integrating photoelectric sensors with the Internet of Things (IoT) and Industry 4.0 is a prominent trend. This integration allows for real-time data exchange, remote monitoring, and predictive maintenance, enhancing overall operational efficiency.
The food and beverage sector emphasizes various parameters, encompassing product quality control, traceability and tracing, and safety assurance during packaging processes. Consequently, there is a heightened need for sensors to oversee containers positioned on conveyor belts, precisely determine the location of loaded carts, and guarantee the upkeep of sanitary environments. Productivity has increased due to the food and beverage industry's rising demand for packaging solutions, which has contributed to an increase in the demand for intelligent sensors in manufacturing facilities. The food and beverage industry employs sensors for various purposes, including detecting transport crates on conveyor belts, determining the location of loading trolleys, monitoring the level of food items in storage containers, and ensuring accurate measurement of sliced blocks. For example, the food and beverage sector use photoelectric sensors manufactured by SICK AG (Germany) and Omron Corporation (Japan) to regulate machine processes and guarantee increased output.
According to the International Trade Administration, Germany has Europe's third-largest aerospace & defense industry, with 2020 revenues at USD 35.4 billion, following the UK at GBP 79 or USD 90.2 billion (including land defense systems) and France at EUR 50.9 billion or USD 58.1 billion. Some three-quarters or USD 26.2 billion of German production is exported. France received a fourth of these exports with USD 6.7 billion. These sensors are utilized in aircraft guidance and navigation systems. These sensors play a critical role in determining the aircraft's position, altitude, and orientation, contributing to precision navigation and safe flight operations. Therefore, the factors mentioned above will propel market growth in this region.
The Germany market dominated the Europe Photoelectric Sensors Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $148.2 Million by 2030. The UK market is showcasing a CAGR of 4.8% during (2023 - 2030). Additionally, The France market would register a CAGR of 6.6% during (2023 - 2030).
Based on Technology, the market is segmented into Retro-reflective, Diffused, and Thru-beam. Based on Application, the market is segmented into Automotive, Electronics & Semiconductor, Packaging, Military & Aerospace, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Photoelectric Sensors Market will Hit $2.8 Billion by 2030, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., Eaton Corporation Plc., Keyence Corporation, Schneider Electric SE, Autonics Corporation, SICK AG, Balluff GmbH, and IFM Electronic GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
- Retro-reflective
- Diffused
- Thru-beam
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
- Automotive
- Electronics & Semiconductor
- Packaging
- Military & Aerospace
- Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Panasonic Corporation
- Rockwell Automation, Inc.
- Eaton Corporation Plc.
- Keyence Corporation
- Schneider Electric SE
- Autonics Corporation
- SICK AG
- Balluff GmbH
- IFM Electronic GmbH
TABLE 1 Europe Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 2 Europe Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 3 Europe Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 4 Europe Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 5 Partnerships, Collaborations and Agreements– Photoelectric Sensors Market
TABLE 6 Product Launches And Product Expansions– Photoelectric Sensors Market
TABLE 7 Acquisition and Mergers– Photoelectric Sensors Market
TABLE 8 Europe Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 9 Europe Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 10 Europe Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 11 Europe Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 12 Europe Retro-reflective Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Retro-reflective Market by Country, 2023 - 2030, USD Million
TABLE 14 Europe Retro-reflective Market by Country, 2019 - 2022, Thousand Units
TABLE 15 Europe Retro-reflective Market by Country, 2023 - 2030, Thousand Units
TABLE 16 Europe Diffused Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Diffused Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Diffused Market by Country, 2019 - 2022, Thousand Units
TABLE 19 Europe Diffused Market by Country, 2023 - 2030, Thousand Units
TABLE 20 Europe Thru-beam Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Thru-beam Market by Country, 2023 - 2030, USD Million
TABLE 22 Europe Thru-beam Market by Country, 2019 - 2022, Thousand Units
TABLE 23 Europe Thru-beam Market by Country, 2023 - 2030, Thousand Units
TABLE 24 Europe Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 25 Europe Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 26 Europe Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 27 Europe Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 28 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Automotive Market by Country, 2019 - 2022, Thousand Units
TABLE 31 Europe Automotive Market by Country, 2023 - 2030, Thousand Units
TABLE 32 Europe Electronics & Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Electronics & Semiconductor Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Electronics & Semiconductor Market by Country, 2019 - 2022, Thousand Units
TABLE 35 Europe Electronics & Semiconductor Market by Country, 2023 - 2030, Thousand Units
TABLE 36 Europe PackagingMarket by Country, 2019 - 2022, USD Million
TABLE 37 Europe PackagingMarket by Country, 2023 - 2030, USD Million
TABLE 38 Europe PackagingMarket by Country, 2019 - 2022, Thousand Units
TABLE 39 Europe PackagingMarket by Country, 2023 - 2030, Thousand Units
TABLE 40 Europe Military & AerospaceMarket by Country, 2019 - 2022, USD Million
TABLE 41 Europe Military & AerospaceMarket by Country, 2023 - 2030, USD Million
TABLE 42 Europe Military & AerospaceMarket by Country, 2019 - 2022, Thousand Units
TABLE 43 Europe Military & AerospaceMarket by Country, 2023 - 2030, Thousand Units
TABLE 44 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 45 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 46 Europe Others Market by Country, 2019 - 2022, Thousand Units
TABLE 47 Europe Others Market by Country, 2023 - 2030, Thousand Units
TABLE 48 Europe Photoelectric Sensors Market by Country, 2019 - 2022, USD Million
TABLE 49 Europe Photoelectric Sensors Market by Country, 2023 - 2030, USD Million
TABLE 50 Europe Photoelectric Sensors Market by Country, 2019 - 2022, Thousand Units
TABLE 51 Europe Photoelectric Sensors Market by Country, 2023 - 2030, Thousand Units
TABLE 52 Germany Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 53 Germany Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 54 Germany Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 55 Germany Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 56 Germany Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 57 Germany Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 58 Germany Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 59 Germany Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 60 Germany Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 61 Germany Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 62 Germany Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 63 Germany Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 64 UK Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 65 UK Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 66 UK Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 67 UK Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 68 UK Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 69 UK Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 70 UK Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 71 UK Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 72 UK Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 73 UK Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 74 UK Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 75 UK Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 76 France Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 77 France Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 78 France Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 79 France Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 80 France Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 81 France Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 82 France Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 83 France Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 84 France Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 85 France Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 86 France Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 87 France Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 88 Russia Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 89 Russia Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 90 Russia Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 91 Russia Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 92 Russia Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 93 Russia Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 94 Russia Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 95 Russia Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 96 Russia Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 97 Russia Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 98 Russia Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 99 Russia Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 100 Spain Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 101 Spain Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 102 Spain Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 103 Spain Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 104 Spain Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 105 Spain Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 106 Spain Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 107 Spain Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 108 Spain Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 109 Spain Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 110 Spain Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 111 Spain Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 112 Italy Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 113 Italy Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 114 Italy Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 115 Italy Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 116 Italy Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 117 Italy Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 118 Italy Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 119 Italy Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 120 Italy Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 121 Italy Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 122 Italy Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 123 Italy Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 124 Rest of Europe Photoelectric Sensors Market, 2019 - 2022, USD Million
TABLE 125 Rest of Europe Photoelectric Sensors Market, 2023 - 2030, USD Million
TABLE 126 Rest of Europe Photoelectric Sensors Market, 2019 - 2022, Thousand Units
TABLE 127 Rest of Europe Photoelectric Sensors Market, 2023 - 2030, Thousand Units
TABLE 128 Rest of Europe Photoelectric Sensors Market by Technology, 2019 - 2022, USD Million
TABLE 129 Rest of Europe Photoelectric Sensors Market by Technology, 2023 - 2030, USD Million
TABLE 130 Rest of Europe Photoelectric Sensors Market by Technology, 2019 - 2022, Thousand Units
TABLE 131 Rest of Europe Photoelectric Sensors Market by Technology, 2023 - 2030, Thousand Units
TABLE 132 Rest of Europe Photoelectric Sensors Market by Application, 2019 - 2022, USD Million
TABLE 133 Rest of Europe Photoelectric Sensors Market by Application, 2023 - 2030, USD Million
TABLE 134 Rest of Europe Photoelectric Sensors Market by Application, 2019 - 2022, Thousand Units
TABLE 135 Rest of Europe Photoelectric Sensors Market by Application, 2023 - 2030, Thousand Units
TABLE 136 Key Information – Omron Corporation
TABLE 137 Key Information – panasonic holdings corporation
TABLE 138 Key Information – Rockwell Automation, Inc.
TABLE 139 Key Information – Eaton Corporation PLC
TABLE 140 key information – Keyence Corporation
TABLE 141 Key Information – Schneider Electric SE
TABLE 142 Key Information – Autonics Corporation
TABLE 143 Key Information – Sick AG
TABLE 144 Key Information – Balluff GmbH
TABLE 145 Key Information – IFM Electronics GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Photoelectric Sensors Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting photoelectric sensors market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jul – 2023, Oct) Leading Players
FIG 7 Porter’s Five Forces Analysis - Photoelectric Sensors Market
FIG 8 Europe Photoelectric Sensors Market share by Technology, 2022
FIG 9 Europe Photoelectric Sensors Market share by Technology, 2030
FIG 10 Europe Photoelectric Sensors Market by Technology, 2019 - 2030, USD Million
FIG 11 Europe Photoelectric Sensors Market share by Application, 2022
FIG 12 Europe Photoelectric Sensors Market share by Application, 2030
FIG 13 Europe Photoelectric Sensors Market by Application, 2019 - 2030, USD Million
FIG 14 Europe Photoelectric Sensors Market share by Country, 2022
FIG 15 Europe Photoelectric Sensors Market share by Country, 2030
FIG 16 Europe Photoelectric Sensors Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Omron Corporation
FIG 18 SWOT Analysis: Panasonic Holdings Corporation
FIG 19 SWOT Analysis: Rockwell Automation, Inc.
FIG 20 SWOT Analysis: Eaton Corporation PLC
FIG 21 SWOT Analysis: KEYENCE CORPORATION
FIG 22 Recent strategies and developments: SCHNEIDER ELECTRIC SE
FIG 23 SWOT Analysis: Schneider Electric SE
FIG 24 SWOT Analysis: AUTONICS CORPORATION
FIG 25 SWOT Analysis: Sick AG
FIG 26 SWOT Analysis: BALLUFF GMBH
FIG 27 SWOT Analysis: IFM Electronics GmbH