Report : North America 3D Measurement Sensors in Logistics Market Forecast to 2028- Regional Analysis- by Type (Image Sensors, Position Sensos, Acoustic Sensors, Others); and Technology (Stereo Vision, Structured Light, Laser Light, Others)
At 6.8% CAGR, the North America 3D Measurement Sensor in logistics Market is speculated to be worth US$ 80.87 million by 2030, says Business Market Insights
According to Business Market Insights research, the North America 3D measurement sensor in logistics market was valued at US$ 47.88 million in 2022 and is expected to reach US$ 80.87 million by 2030, registering a CAGR of 6.8% from 2022 to 2030. Increasing use of measurement sensors in logistics and growth of logistics industry are the critical factors attributed to growth of North America 3D measurement sensor in logistics market.
The growing use of measurement sensors such as image sensors, position sensors, and acoustic sensors has simplified several logistics operations. Image sensors are used in target recognition in the logistics distribution system to manage the distribution process efficiently. Position sensors are used to detect the position of objects of any material type and surface properties. Position sensors convert the data regarding the movement of objects into signals, which further help provide positional feedback. Various logistics and warehouse management operations, such as monitoring inventory levels, reducing inventory errors, and optimizing storage space, can be carried out easily with the help of measurement sensors. Apart from tracking the movement of goods within a warehouse, these sensors also help companies identify bottlenecks and optimize their warehouse layout. Furthermore, the measurement sensors can be used to collect data at emergency incident sites to facilitate the analysis of the logistic operations. This data can further help improve planning and preparedness for new operations. Real-time information can provide better situational awareness and can also be used as input for automatic decision support based on artificial intelligence or optimization algorithms. Thus, the increasing use of measurement sensors to amplify the efficiency of the distribution center and warehouses is boosting the growth of the North America 3D measurement sensors in logistics market.
On the contrary, 3D measurement sensor issues hamper the North America 3D measurement sensor in logistics market.
Based on type, the North America 3D measurement sensor in logistics market is segmented into image sensors, position sensors, acoustic sensors, and others. The image sensors segment held 39.8% share of North America 3D measurement sensor in logistics market in 2022, amassing US$ 19.07 million. It is projected to garner US$ 30.55 million by 2030 to expand at 6.1% CAGR during 2022–2030.
Based on technology, the North America 3D measurement sensor in logistics market is segmented into stereo vision, structured light, laser light, and others. The structured light segment held 36.2% share of North America 3D measurement sensor in logistics market in 2022, amassing US$ 17.34 million. It is projected to garner US$ 28.39 million by 2030 to expand at 6.4% CAGR during 2022–2030.
Based on country, the North America 3D measurement sensor in logistics market has been categorized into the US, Canada, and Mexico. The US dominated the 3D measurement sensor in logistics market in 2022. It was assessed at US$ 36.73 million in 2022 and is likely to hit US$ 63.01 million by 2030, exhibiting a CAGR of 7.0% during the forecast period.
Key players operating in the North America 3D measurement sensor in logistics market are Cognex Corp, Ifm Electronic GmbH, Infineon Technologies AG, Intel Corp, Keyence Corp, LMI Technologies Inc, Micro-Epsilon Messtechnik GmbH & Co KG, OMRON Corp, and Sick AG, among others.
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