TechNavio today launched its report Global Photoelectric Sensor Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”In addition to the major sectors such as Aerospace, Healthcare, Consumer Electronics, and Automotive, there has been an increase in the adoption of photoelectric sensors in the Defense and IT sectors.”
According to the report, photoelectric sensors are being increasingly deployed in factories to detect and control the movement of products during various manufacturing processes. As a result, the growing need for automation will in turn increase the demand for photoelectric sensors.
Further, the report discusses that one of the main challenges is the diminishing demand for photoelectric sensors owing to the economic recession.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-photoelectric-sensor-market-2011…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
Follow us on Twitter @ Technavio