2012-12-10 20:14:19 - Global Photoelectric Sensor Market 2010-2014 - Market Research Report - a new market research report on companiesandmarkets.com
The Global Photoelectric Sensor market is witnessing increasing competition among vendors that are seeking more market share. As a result, many vendors are reducing the price of photoelectric sensors. Sensor vendors are also facing increased competition from counterfeit sensor vendors because of a lack of product differentiation.
Enterprises can suffer delays in launching and delivering their products on time because of delays in product manufacturing and packaging processes. With efficient photoelectric sensors in place, the time required for product delivery can be drastically reduced by enabling easy counting and packaging of manufactured products.
Our analysts forecast the Global Photoelectric Sensor market to grow at a CAGR of 1.84 percent over the period 2010â2014. One of the key factors contributing to this
market growth is the increase in the automation of manufacturing plants. The Global Photoelectric Sensor market has also been witnessing the emergence of the incorporation of pulse ranging technology PRT in sensors. However, the emerging threat from counterfeit sensor vendors could pose a challenge to the growth of this market.
This market research report, Global Photoelectric Sensor Market 2010â2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on photoelectric sensors, such as direct reflection, reflection with reflector, polarized reflection, and through-beam sensors. The report does not cover any other types of sensors such as image sensors and pressure sensors. This report discusses the vendor landscape of the Global Photoelectric Sensor market and provides a corresponding detailed analysis of the top four vendors. The market includes the revenues obtained from both sales and services.
Key vendors dominating this market are:
Banner Engineering Corp.
ifm Efector Inc
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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