Laser Displacement Sensors Cutting An Upward Path

According to a report by Transparency Market Research, the global laser displacement sensor market is expected to expand at a CAGR of 7.6% from 2017 to 2025. In 2016, the market was valued at $2,713.2 million and is expected to reach around $5,201.4 million by the end of year 2025. The market is set to experience a much-consolidated competitive landscape.

 

Highlights

Sponsored by Digi-Key

Digi IX20 Secure LTE Router Available for Immediate Shipment from Digi-Key

The IX20 rugged, secure LTE router is a great choice for applications from basic connectivity to industrial-class and security solutions. Its high-performance architecture gives primary and backup WWAN over software selectable multi-carrier LTE.
  • Major players in the global laser displacement sensor market are KEYENCE Corporation, SICK AG, Panasonic Corporation, TURCK GmbH Co., Cognex Corporation, OMRON Corporation, KG, Mechanical Technology Incorporated, ZSY Group Ltd., Banner Engineering Corp., and MICRO-EPSILON.
  • Based on range, the global laser displacement sensor market is segmented into 100 mm to 300 mm, below 100 mm, and above 300 mm. Among these, the above 300 mm segment dominates the global market.
  • Market is anticipated to witness an exponential development in the forthcoming years on the back of rising pattern of automation alongside cost effective practices in quality control.
  • The laser displacement sensor market has additionally been helped by steady initiatives taken by the governments around the globe to execute industrial automation.
  • High maintenance costs to hinder market growth.

For more information, request a sample report.

 

ResearchMoz

866-997-4948

[email protected]

https://www.researchmoz.us

Suggested Articles

President Trump issued his “blessing” of the tentative deal on Saturday and then directed a delay of a week of a ban on TikTok downloads.

U.S. Commerce Department beefs up attacks on TikTok and WeChat, banning downloads at first. Eventually the bans will be total, unless some other agree

Analyst Jack Gold describes the TikTok battle as a big win for China.