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North America Laser Sensor Market Size, Share & Trends Analysis Report By Component (Hardware and Services), By Type, By Application (Process Monitoring & Quality Control and Others), By End-use (Automotive and Others), By Country and Growth Forecast, 2024 - 2031

Published Date : 06-Sep-2024

Pages: 138

Formats: PDF

The North America Laser Sensor Market would witness market growth of 11.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Laser Sensor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $405 million by 2031. The Canada market is experiencing a CAGR of 14% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 13% during (2024 - 2031).

North America Laser Sensor Market

These sensors employ technology to accurately and precisely register environmental changes, measure distances, and detect objects. The sensor emits a laser beam toward a target, typically in coherent light. When the laser beam reflects off the object and returns to the sensor, the device measures the time it takes for the light to travel back, calculating the distance or position of the object based on this time-of-flight principle. Depending on the application, these sensors may utilize triangulation, interferometry, or other methods to achieve accurate measurements.

This market has become crucial to modern technological advancements, spanning various industries from automotive and manufacturing to healthcare and defense. The precise capability has made these sensors indispensable in applications requiring accuracy, speed, and reliability, driving significant demand for these devices in various sectors. As industries across increasingly turn to automation, real-time monitoring, and advanced safety systems, this market is poised for robust growth.

Mexico has seen increased demand for these sensors driven by the consumer electronics sector, contributing to the nation’s economy. Mexico is one of the world’s leading electronics manufacturers, particularly for export to the United States. According to the Government of Mexico, in the second quarter of 2024, the gross domestic product of semiconductor and other component manufacturing was $6.58T MX, 5.06% more than the previous quarter. The country’s focus on expanding its electronics manufacturing capabilities to serve international markets is driving the adoption of advanced sensor technologies, including these sensors, to meet the demands of high-precision manufacturing. Therefore, as these industries evolve and embrace innovation, the demand for laser sensors is set to grow, making North America a key region for the future of this technology.

Free Valuable Insights: The Laser Sensor Market is Predict to reach USD 2 Billion by 2031, at a CAGR of 12.3%

Based on Component, the market is segmented into Hardware, Software, and Services. Based on Type, the market is segmented into Laser Displacement Sensors, Laser Photoelectric Sensors, Laser Scanners, and Others. Based on Application, the market is segmented into Process Monitoring & Quality Control, Distance Measurement, Security & Surveillance, Motion & Guidance, Manufacturing Plant Management, and Others. Based on End-use, the market is segmented into Automotive, Consumer Electronics, Healthcare, Aerospace & Defense, Food & Beverages, Chemical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Keyence Corporation
  • Banner Engineering Corporation
  • SICK AG
  • Rockwell Automation, Inc.
  • Omron Corporation
  • Baumer Holding AG
  • Panasonic Holdings Corporation
  • Leuze electronic GmbH & Co. KG
  • Schneider Electric SE
  • Laser Technology, Inc.

North America Laser Sensor Market Report Segmentation

By Component

  • Hardware
  • Software
  • Services

By Type

  • Laser Displacement Sensors
  • Laser Photoelectric Sensors
  • Laser Scanners
  • Others

By Application

  • Process Monitoring & Quality Control
  • Distance Measurement
  • Security & Surveillance
  • Motion & Guidance
  • Manufacturing Plant Management
  • Others

By End-use

  • Automotive
  • Consumer Electronics
  • Healthcare
  • Aerospace & Defense
  • Food & Beverages
  • Chemical
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Laser Sensor Market, by Component
1.4.2 North America Laser Sensor Market, by Type
1.4.3 North America Laser Sensor Market, by Application
1.4.4 North America Laser Sensor Market, by End-use
1.4.5 North America Laser Sensor Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Product Launches and Product Expansions
4.2.2 Partnerships, Collaborations and Agreements
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jan – 2024, May) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Laser Sensor Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Services Market by Country

Chapter 6. North America Laser Sensor Market by Type
6.1 North America Laser Displacement Sensors Market by Country
6.2 North America Laser Photoelectric Sensors Market by Country
6.3 North America Laser Scanners Market by Country
6.4 North America Others Market by Country

Chapter 7. North America Laser Sensor Market by Application
7.1 North America Process Monitoring & Quality Control Market by Country
7.2 North America Distance Measurement Market by Country
7.3 North America Security & Surveillance Market by Country
7.4 North America Motion & Guidance Market by Country
7.5 North America Manufacturing Plant Management Market by Country
7.6 North America Others Market by Country

Chapter 8. North America Laser Sensor Market by End-use
8.1 North America Automotive Market by Country
8.2 North America Consumer Electronics Market by Country
8.3 North America Healthcare Market by Country
8.4 North America Aerospace & Defense Market by Country
8.5 North America Food & Beverages Market by Country
8.6 North America Chemical Market by Country
8.7 North America Others Market by Country

Chapter 9. North America Laser Sensor Market by Country
9.1 US Laser Sensor Market
9.1.1 US Laser Sensor Market by Component
9.1.2 US Laser Sensor Market by Type
9.1.3 US Laser Sensor Market by Application
9.1.4 US Laser Sensor Market by End-use
9.2 Canada Laser Sensor Market
9.2.1 Canada Laser Sensor Market by Component
9.2.2 Canada Laser Sensor Market by Type
9.2.3 Canada Laser Sensor Market by Application
9.2.4 Canada Laser Sensor Market by End-use
9.3 Mexico Laser Sensor Market
9.3.1 Mexico Laser Sensor Market by Component
9.3.2 Mexico Laser Sensor Market by Type
9.3.3 Mexico Laser Sensor Market by Application
9.3.4 Mexico Laser Sensor Market by End-use
9.4 Rest of North America Laser Sensor Market
9.4.1 Rest of North America Laser Sensor Market by Component
9.4.2 Rest of North America Laser Sensor Market by Type
9.4.3 Rest of North America Laser Sensor Market by Application
9.4.4 Rest of North America Laser Sensor Market by End-use

Chapter 10. Company Profiles
10.1 Keyence Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Banner Engineering Corporation
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Product Launches and Product Expansions:
10.2.3 SWOT Analysis
10.3 Sick AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Rockwell Automation, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Omron Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Baumer Holding AG
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Product Launches and Product Expansions:
10.6.3 SWOT Analysis
10.7 Panasonic Holdings Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Leuze Electronic GmbH & Co. KG
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Product Launches and Product Expansions:
10.9 Schneider Electric SE
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Laser Technology, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Laser Sensor Market, 2020 - 2023, USD Million
TABLE 2 North America Laser Sensor Market, 2024 - 2031, USD Million
TABLE 3 Product Launches And Product Expansions– Laser Sensor Market
TABLE 4 Partnerships, Collaborations and Agreements– Laser Sensor Market
TABLE 5 North America Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 6 North America Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 7 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 14 North America Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 15 North America Laser Displacement Sensors Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Laser Displacement Sensors Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Laser Photoelectric Sensors Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Laser Photoelectric Sensors Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Laser Scanners Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Laser Scanners Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 24 North America Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 25 North America Process Monitoring & Quality Control Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Process Monitoring & Quality Control Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Distance Measurement Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Distance Measurement Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Security & Surveillance Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Security & Surveillance Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Motion & Guidance Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Motion & Guidance Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Manufacturing Plant Management Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Manufacturing Plant Management Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 38 North America Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 39 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 45 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 49 North America Chemical Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Chemical Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 52 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 53 North America Laser Sensor Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Laser Sensor Market by Country, 2024 - 2031, USD Million
TABLE 55 US Laser Sensor Market, 2020 - 2023, USD Million
TABLE 56 US Laser Sensor Market, 2024 - 2031, USD Million
TABLE 57 US Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 58 US Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 59 US Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 60 US Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 61 US Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 62 US Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 63 US Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 64 US Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 65 Canada Laser Sensor Market, 2020 - 2023, USD Million
TABLE 66 Canada Laser Sensor Market, 2024 - 2031, USD Million
TABLE 67 Canada Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 68 Canada Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 69 Canada Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 70 Canada Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 71 Canada Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 72 Canada Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 73 Canada Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 74 Canada Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 75 Mexico Laser Sensor Market, 2020 - 2023, USD Million
TABLE 76 Mexico Laser Sensor Market, 2024 - 2031, USD Million
TABLE 77 Mexico Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 78 Mexico Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 79 Mexico Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 80 Mexico Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 81 Mexico Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 82 Mexico Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 83 Mexico Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 84 Mexico Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 85 Rest of North America Laser Sensor Market, 2020 - 2023, USD Million
TABLE 86 Rest of North America Laser Sensor Market, 2024 - 2031, USD Million
TABLE 87 Rest of North America Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 88 Rest of North America Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 89 Rest of North America Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 90 Rest of North America Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 91 Rest of North America Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 92 Rest of North America Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 93 Rest of North America Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 94 Rest of North America Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 95 key information – Keyence Corporation
TABLE 96 Key Information – Banner Engineering Corporation
TABLE 97 Key Information – Sick AG
TABLE 98 Key Information – Rockwell Automation, Inc.
TABLE 99 Key Information – Omron Corporation
TABLE 100 key information – Baumer Holding AG
TABLE 101 Key Information – Panasonic Holdings Corporation
TABLE 102 Key Information – Leuze Electronic GmbH + Co. KG
TABLE 103 Key Information – Schneider Electric SE
TABLE 104 Key Information – Laser Technology, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Laser Sensor Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Laser Sensor Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2020, JAN – 2024, May) Leading Players
FIG 8 Porter’s Five Forces Analysis – Laser Sensor Market
FIG 9 North America Laser Sensor Market share by Component, 2023
FIG 10 North America Laser Sensor Market share by Component, 2031
FIG 11 North America Laser Sensor Market by Component, 2020 - 2031, USD Million
FIG 12 North America Laser Sensor Market share by Type, 2023
FIG 13 North America Laser Sensor Market share by Type, 2031
FIG 14 North America Laser Sensor Market by Type, 2020 - 2031, USD Million
FIG 15 North America Laser Sensor Market share by Application, 2023
FIG 16 North America Laser Sensor Market share by Application, 2031
FIG 17 North America Laser Sensor Market by Application, 2020 - 2031, USD Million
FIG 18 North America Laser Sensor Market share by End-use, 2023
FIG 19 North America Laser Sensor Market share by End-use, 2031
FIG 20 North America Laser Sensor Market by End-use, 2020 - 2031, USD Million
FIG 21 North America Laser Sensor Market share by Country, 2023
FIG 22 North America Laser Sensor Market share by Country, 2031
FIG 23 North America Laser Sensor Market by Country, 2020 - 2031, USD Million
FIG 24 SWOT Analysis: KEYENCE CORPORATION
FIG 25 SWOT Analysis: Banner Engineering Corporation
FIG 26 Recent strategies and developments: SICK AG
FIG 27 SWOT Analysis: Sick AG
FIG 28 SWOT Analysis: Rockwell Automation, Inc.
FIG 29 SWOT Analysis: Omron Corporation
FIG 30 Swot Analysis: Baumer Holding AG
FIG 31 SWOT Analysis: Panasonic Holdings Corporation
FIG 32 SWOT Analysis: Schneider Electric SE

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