Europe Laser Distance Sensor Market Forecast to 2030 - Regional Analysis - by Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 Sigma, and 5 mm at 2 Sigma), and End User (Manufacturing, Construction, Automotive and Robotics, Aerospace and Defense, Geospatial Industry, and Others)
The Europe laser distance sensor market was valued at US$ 360.65 million in 2022 and is expected to reach US$ 735.96 million by 2030; it is estimated to register at a CAGR of 9.3% from 2022 to 2030.
Advent of Advanced Robotics Solutions Drives Europe Laser Distance Sensor Market
The advanced and intelligent autonomous mobile robots (AMRs) are autonomous mobile manipulator robots (AMMR) with a robot arm mounted on them. They are increasingly being used for picking up and moving things on a mobile platform in logistics, retail, healthcare, automobile, aerospace, and other sectors, as these robots can recognize objects, pick-and-place, assemble, pack, sort, and perform other tasks without human intervention. As these robots are more costly than the basic AMRs, the market is still in a growing phase. However, the rising adoption of these robots will majorly driven by its rising awareness regarding its benefits such as maximize the efficiency of workflow operation, minimize the error, and increase the productivity output.
AMMRs use sensors that assist mobile robots in calculating distance for the better performance of tasks assigned to them. Laser distance sensors help carry out tasks with advanced distance measurement technologies, which is likely to drive the market in the coming years due to the rise in the adoption of advanced robotics solutions.
Europe Laser Distance Sensor Market Overview
The Europe laser distance sensor market is segmented into Germany, France, the UK, Italy, Spain, Russia, and the Rest of Europe. According to the International Federation of Robotics (IFR), ~15% of global robots were installed in Europe in 2022. The region remains the world´s second-largest market, with a 5% rise in the installation of robots in 2022 compared to 2021. Germany is among the top five adopters worldwide, with a market share of 36% within the region. The third largest EU market, France, recorded a regional market share of 10% and gained 13%, installing 7,380 units in 2022. In the post-Brexit UK, industrial robot installations were up 3% to 2,534 units in 2022. Manufacturing facilities across the region are constantly eyeing adopting newer, technologically advanced robotic solutions owing to the growing awareness of the benefits of using robots, such as easing manufacturing operations and increasing production volume parallel to humans. Thus, this is a key factor driving the Europe laser distance sensor market.
The digital industrial revolution, i.e., Industry 4.0, is helping to increase flexibility in manufacturing, mass customization, increased speed, better quality, and improved factory productivity. Because of this, automobiles, chemicals, food & beverage, mechanical engineering, and electronics sectors are installing robot solutions. In addition, governments in various countries are investing in automating the manufacturing business in the region. For example, in July 2021, the UK government announced an investment of US$ 59.3 million (GBP 53 million) to drive the development of digital manufacturing technologies. Thus, the growing government support to boost automation will further boost the growth of the laser distance sensor market.
Europe Laser Distance Sensor Market Revenue and Forecast to 2030 (US$ Million)
Europe laser distance sensor market Segmentation
The Europe laser distance sensor market is segmented based on distance, accuracy, end user, and country.
Based on distance, the Europe laser distance sensor market is segmented into between 2 and 10 meters, between 11 and 100 meters, between 101 and 200 meters, and between 201 and 500 meters. The between 11 and 100 meters segment held the largest share in 2022.
In terms of accuracy, the Europe laser distance sensor market is segmented into 1 mm at 2 sigma, 3 mm with 2 sigma, and 5 mm at 2 sigma. The 3 mm with 2 sigma segment held the largest share in 2022.
By end user, the Europe laser distance sensor market is segmented into manufacturing, construction, automotive and robotics, aerospace and defense, geospatial industry, and others. The automotive and robotics segment held the largest share in 2022.
Based on country, the Europe laser distance sensor market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe laser distance sensor market in 2022.
Sick AG, ifm Electronic GmbH, Baumer Holding AG, Keyence Corp, Leuze electronic GmbH & Co KG, Pepperl-Fuchs SE, Wenglor Sensoric Electronic Devices GmbH, Pantron Instruments GmbH, and Jenoptik AG are some of the leading companies operating in the Europe laser distance sensor market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Laser Distance Sensor Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End-Users:
4.2.5 List of Vendors in Value Chain
5. Europe Laser Distance Sensor Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Rise in Demand for Sensors in Automotive Applications
5.1.2 Strategic Initiatives by Market Players
5.2 Restraints
5.2.1 Stringent Government Regulations for Using Laser-Based Products
5.3 Opportunities
5.3.1 Government Initiatives to Boost Manufacturing Facilities
5.3.2 Rise in Government Spending on Defense Sector
5.4 Future Trends:
5.4.1 Advent of Advanced Robotics Solutions
5.5 Impact of Drivers and Restraints:
6. Laser Distance Sensor Market - Europe Market Analysis
6.1 Europe Laser Distance Sensor Market Revenue (US$ Million), 2022 - 2030
7. Europe Laser Distance Sensor Market Analysis - Distance
7.1 Between 2 and 10 Meters
7.1.1 Overview
7.2 Between 11 and 100 Meters
7.2.1 Overview
7.3 Between 101 and 200 Meters
7.3.1 Overview
7.4 Between 201 and 500 Meters
7.4.1 Overview
8. Europe Laser Distance Sensor Market Analysis - Accuracy
8.1 1mm at 2 Sigma
8.1.1 Overview
8.2 3mm with 2 Sigma
8.2.1 Overview
8.3 5mm at 2 Sigma
8.3.1 Overview
9. Europe Laser Distance Sensor Market Analysis - End user
9.1 Manufacturing
9.1.1 Overview
9.2 Construction
9.2.1 Overview
9.3 Automotive and Robotics
9.3.1 Overview
9.4 Aerospace and Defence
9.4.1 Overview
9.5 Geospatial Industry
9.5.1 Overview
9.6 Others
9.6.1 Overview
10. Europe Laser Distance Sensor Market - Country Analysis
10.1 Europe
10.1.1 Europe Laser Distance Sensor Market Overview
10.1.2 Europe Laser Distance Sensor Market Revenue and Forecasts and Analysis - By Countries
10.1.2.1 Germany Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 Germany Laser Distance Sensor Market Breakdown by Distance
10.1.2.1.2 Germany Laser Distance Sensor Market Breakdown by Accuracy
10.1.2.1.3 Germany Laser Distance Sensor Market Breakdown by End user
10.1.2.2 France Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 France Laser Distance Sensor Market Breakdown by Distance
10.1.2.2.2 France Laser Distance Sensor Market Breakdown by Accuracy
10.1.2.2.3 France Laser Distance Sensor Market Breakdown by End user
10.1.2.3 Italy Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Italy Laser Distance Sensor Market Breakdown by Distance
10.1.2.3.2 Italy Laser Distance Sensor Market Breakdown by Accuracy
10.1.2.3.3 Italy Laser Distance Sensor Market Breakdown by End user
10.1.2.4 UK Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 UK Laser Distance Sensor Market Breakdown by Distance
10.1.2.4.2 UK Laser Distance Sensor Market Breakdown by Accuracy
10.1.2.4.3 UK Laser Distance Sensor Market Breakdown by End user
10.1.2.5 Russia Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Russia Laser Distance Sensor Market Breakdown by Distance
10.1.2.5.2 Russia Laser Distance Sensor Market Breakdown by Accuracy
10.1.2.5.3 Russia Laser Distance Sensor Market Breakdown by End user
10.1.2.6 Rest of Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Rest of Europe Laser Distance Sensor Market Breakdown by Distance
10.1.2.6.2 Rest of Europe Laser Distance Sensor Market Breakdown by Accuracy
10.1.2.6.3 Rest of Europe Laser Distance Sensor Market Breakdown by End user
11. Laser Distance Sensor Market Industry Landscape
11.1 Overview
11.2 Market Initiatives
12. Company Profiles
12.1 Sick AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ifm Electronic GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Baumer Holding AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Keyence Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Leuze electronic GmbH & Co KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Pepperl+Fuchs SE
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Wenglor Sensoric Electronic Devices GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Pantron Instruments GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Jenoptik AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
List of Tables
Table 1. Europe Laser Distance Sensor Market Segmentation
Table 2. Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Million) - Distance
Table 3. Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Million) - Accuracy
Table 4. Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Million) - End user
Table 5. Europe Laser Distance Sensor Market, by Country - Revenue and Forecast to 2030 (USD Million)
Table 6. Germany Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Distance
Table 7. Germany Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Accuracy
Table 8. Germany Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By End user
Table 9. France Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Distance
Table 10. France Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Accuracy
Table 11. France Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By End user
Table 12. Italy Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Distance
Table 13. Italy Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Accuracy
Table 14. Italy Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By End user
Table 15. UK Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Distance
Table 16. UK Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Accuracy
Table 17. UK Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By End user
Table 18. Russia Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Distance
Table 19. Russia Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Accuracy
Table 20. Russia Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By End user
Table 21. Rest of Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Distance
Table 22. Rest of Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By Accuracy
Table 23. Rest of Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn) - By End user
Table 24. List of Abbreviation
List of Figures
Figure 1. Europe Laser Distance Sensor Market Segmentation, By Country
Figure 2. Ecosystem: Europe Laser Distance Sensor Market
Figure 3. Europe Laser Distance Sensor Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers And Restraints
Figure 5. Europe Laser Distance Sensor Market Revenue (US$ Million), 2022 - 2030
Figure 6. Europe Laser Distance Sensor Market Share (%) - Distance, 2022 and 2030
Figure 7. Between 2 and 10 Meters Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Between 11 and 100 Meters Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Between 101 and 200 Meters Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Between 201 and 500 Meters Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Europe Laser Distance Sensor Market Share (%) - Accuracy, 2022 and 2030
Figure 12. 1mm at 2 Sigma Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. 3mm with 2 Sigma Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. 5mm at 2 Sigma Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Europe Laser Distance Sensor Market Share (%) - End user, 2022 and 2030
Figure 16. Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Construction Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Automotive and Robotics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Aerospace and Defence Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Geospatial Industry Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Europe Laser Distance Sensor Market- Revenue by Key Countries 2022 (US$ Million)
Figure 23. Laser Distance Sensor market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. Germany Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. France Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. Italy Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. UK Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Russia Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Rest of Europe Laser Distance Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
1. Sick AG
2. ifm Electronic GmbH
3. Baumer Holding AG
4. Keyence Corp
5. Leuze electronic GmbH & Co KG
6. Pepperl-Fuchs SE
7. Wenglor Sensoric Electronic Devices GmbH
8. Pantron Instruments GmbH
9. Jenoptik AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe laser distance sensor market.
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