Color detection sensors Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

Color detection sensors Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

  • October 2017 •
  • 120 pages •
  • Report ID: 5203569 •
  • Format: PDF
The report on global color detection sensors market provides qualitative and quantitative analysis for the period of 2015 to 2023.

The report predicts the global Color detection sensors market to grow with a CAGR between 5.5% and 6.0% from 2017 to 2023. The global Color detection sensors market was worth USD 1.25 billion in 2015. The study on Color detection sensors market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies Europe dominated the world market. APAC is likely to grow rapidly at the highest CAGR over the forecast period.

The report on global Color detection sensors market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global color detection sensors market. Moreover, the report is collective presentation of primary and secondary research findings. In addition, it provides deep insights on the factors that are driving, restraining the global color detection sensors market. Porter’s five forces model in the report provides insights into the competitive rivalry in the global color detection sensors market over the period of 2015 – 2023. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research methodology

• Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

• Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include
• Company reports and publications
• Government/institutional publications
• Trade and associations’ journals
• Databases such as WTO, OECD, and World Bank, among others.
• Websites and publications by research agencies

Report Findings
1) Drivers
• Growth in industrial automation
• Increasing usage of color sensors in smartphones
• Rising demand for processed and frozen food
2) Restraints
• Low reliability in harsh conditions
• Shortening of sensing range reduces sensor performance
• Performance gets affected due to sensitivity to moisture
3) Opportunities
• Advanced technologies such as true color sensing and spectral sensing
• Growing application of industrial IoT,
• Emerging economies

Segments Covered
1) Global Color detection sensors market by Grades
a. Color sensors
b. Luminescence sensors
c. Contrast sensors
d. Brightness sensors

Companies Profiled:
o Baumer
o CTi Automation
o Datalogic S.p.A
o Ams AG
o ASTECH GmbH
o SICK AG
o Hamamatsu Photonics K.K.
o Atlas Scientific LLC
o Banner Engineering
o Balluff GmbH

Reasons to buy this report
1) Comprehensive analysis of global as well as regional markets of Color detection sensors
2) Complete coverage of all the product type and applications segments to analyze the trends, developments in Color detection sensors market, and forecast of market size up to 2023.
3) Comprehensive analysis of the companies operating in Color detection sensors market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4) Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.