Photoelectric sensor market development has stabilized

The photoelectric sensor (photoelectric switch) market has experienced roller coaster-like ups and downs in the past three years. Today, the market has returned to a similar stable state of development. Although the investment environment that the photoelectric sensor market relies heavily on has recently become worse, ARC is still optimistic about the market's development in the coming years.

The smart sensor market in the field of photoelectric sensors refers to all sensors that can extend traditional functions such as fixed measurement and conversion.

The development of the photoelectric sensor market has become more stable. "The emergence of ultrasonic sensors and low-end visual sensors has broken the monopoly that has long dominated by photoelectric sensors, and it has been aimed at the same application market as photoelectric sensors. For this reason, photoelectric sensors are keeping price advantage. At the same time, it also increased the end-user customer value by adding more features, said Florian Güldner, principal author and analyst of the "photoelectric sensor global market research report."

Reliance on the investment cycle poses difficulties for suppliers. Overall, the demand for sensors as a whole grows faster than the demand for sensors in industrial automation. At the same time, the influence of the investment environment is still greater than the technical impact and trends of the factory. The development of photoelectric sensors is strongly influenced by the economic cycle.

In general, the spare parts business, modernization projects, and longer-term project production cycles support the need for automation. But sensor suppliers cannot rely on these. In contrast, because dealers will empty or fully load inventory at the beginning of project development, it is important to focus on the effectiveness of the investment if they want to achieve a higher share of sales through dealers.

Flexibility and diversification are the magic weapon for sensor suppliers. Many suppliers are adopting a more solution-oriented business model that can focus on areas such as measurement, quality control, or security applications.

Does smart sensing benefit end users?

Smart sensors reduce the number of suppliers and parts, help shorten engineering time, and make the machine manufacturer's work easier. Smart sensors include photoelectric sensors that can self-adjust according to the environment, accept remote configuration, accommodate multiple sensing technologies (gratings, diffuse reflections, etc.), are suitable for measurement and conversion, and can help detect malfunctions of the lens such as dirty or broken wires. .

With these features, sensors can help the machine become more flexible, reduce conversion time and minimize planned or unplanned downtime. The importance of the intelligence of the photoelectric sensor will only be highlighted if it is properly connected to the rest of the automation architecture. IO-Link provides a reasonable solution, but IO-Link still has limited understanding and acceptance. Relying on technologies such as IO-Link, photoelectric sensors are becoming part of the automation system.

Will Asia help suppliers in mature economies?

As we mentioned in the report, Asia is the fastest growing region. However, some of the status quo is undermining the impact of Asian development on sensor suppliers: Locally produced manufacturing machinery is usually simple and requires only a small, simple, low-cost converter. Especially in China, although local manufacturers have occupied most of the market share, they have no choice but to focus on producing sensors for puerile sales.

Sensor suppliers that specialize in direct sales sometimes encounter difficulties in the Chinese market because the market is mainly supplied by distributors, so companies need to rethink the strategy of entering the market. In addition, for the sensor suppliers who will maintain a good customer relationship as their top priority, their business model will also be affected. These companies will benefit from global end-users who are also producing and adapting well in China.

For detailed information on the research report, please visit the ARC Consulting Group's Chinese website “Market Research”.

ARC Consulting Group was established in 1986. It is a consulting company specializing in the industrial field. It provides technology, market, and technology in the areas of automation systems, enterprise and factory IT solutions, asset life cycle management, supply chain management, energy optimization, operation management, etc. And strategic consulting services, whether you are a manufacturer, IT and automation technology provider, technology investors, ARC can provide you with valuable consulting services. Our principle is to provide customers with objective, neutral and accurate analysis perspectives, and to help customers develop a successful development strategy. ARC has branches in the United States, the United Kingdom, Germany, France, Brazil, India, Japan, South Korea, and China. ARC China Branch was established in 2004 to provide multinational companies and local companies with consulting services for the Chinese market, as well as consulting services for local companies to implement overseas strategies.

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