Photoelectric Sensor Market Share

Market Share of Photoelectric Sensor Industry

The availability of several players providing photoelectric sensors has intensified the competition in the market. Therefore, the market is fragmented, with many companies developing expansion strategies.

• October 2019 - Omron released E3AS Series TOF Photoelectric Sensors with compact size and 1,500 mm sensing distance. Its cutting-edge E3AS photoelectric sensors employ time-of-flight (TOF) detection and an antifouling coating to provide exceptional performance in the toughest environments.
• April 2019 - SICK AG partnered with a software solution provider, AutoCoding Systems (ACS). This partnership may enable SICK to provide customers with a combined package of SICK's sensor technology and ACS's software platform.

Photoelectric Sensor Market Leaders

1. Omron

2. Keyence

3. Sick AG

4. Schneider Electric

5. Panasonic

*Disclaimer: Major Players sorted in no particular order