LAMEA Laser Sensor Market Size, Share & Trends Analysis Report By Component, By Type, By Application, By End-use, By Country and Growth Forecast, 2024

List of Tables

The Latin America, Middle East and Africa Laser Sensor Market would witness market growth of 15.1% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Laser Sensor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $38.8 million by 2031. The Argentina market is showcasing a CAGR of 16% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 14.4% during (2024 - 2031).

The market expansion is bolstered by an increase in the production of consumer electronics. Smartphones and wearable devices, key drivers of the consumer electronics industry, have incorporated these sensors to enable more advanced functionality, such as motion tracking, distance measurement, and biometric authentication. A mobile phone is owned by 78% of the population aged 10 and older in 2023, which is 11 percentage points higher than the percentage of individuals who use the Internet, according to the International Telecommunication Union (ITU). This gap is shrinking in all regions, as growth in Internet use has significantly outpaced the growth of mobile phone ownership over the last three years.

Wearable devices, including smartwatches and fitness monitors, are increasingly utilizing these sensors for a variety of health-related applications in addition to smartphones. These sensors are indispensable for the development of immersive experiences in augmented reality (AR) and virtual reality (VR) by accurately detecting gestures and monitoring movements. As the AR and VR sectors grow, these sensors are becoming increasingly important for ensuring the accuracy and responsiveness of these technologies.

South Africa's automotive sector has become a key area for the sensor adoption as the country continues to grow as an automotive manufacturing hub in Africa. With automakers like BMW, Volkswagen, and Ford maintaining production facilities in South Africa, these sensors are being integrated into assembly lines for welding, component alignment, and quality inspection tasks. In 2022, the South African automotive industry's broader contribution to the gross domestic product (GDP) was 4.9%, as reported by the International Trade Administration. This includes 2.9% manufacturing and 2% retail. The demand for these sensors in the country's automotive plants is driven by the increasing automation of production processes and the push toward more efficient manufacturing. This is due to the need to ensure precision and improve productivity. Thus, the demand for laser sensors in LAMEA is fueled by the modernization of industries across the region.

Based on Component, the market is segmented into Hardware, Software, and Services. Based on Type, the market is segmented into Laser Displacement Sensors, Laser Photoelectric Sensors, Laser Scanners, and Others. Based on Application, the market is segmented into Process Monitoring & Quality Control, Distance Measurement, Security & Surveillance, Motion & Guidance, Manufacturing Plant Management, and Others. Based on End-use, the market is segmented into Automotive, Consumer Electronics, Healthcare, Aerospace & Defense, Food & Beverages, Chemical, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

Keyence Corporation
Banner Engineering Corporation
SICK AG
Rockwell Automation, Inc.
Omron Corporation
Baumer Holding AG
Panasonic Holdings Corporation
Leuze electronic GmbH & Co. KG
Schneider Electric SE
Laser Technology, Inc.

LAMEA Laser Sensor Market Report Segmentation

By Component

Hardware
Software
Services

By Type

Laser Displacement Sensors
Laser Photoelectric Sensors
Laser Scanners
Others

By Application

Process Monitoring & Quality Control
Distance Measurement
Security & Surveillance
Motion & Guidance
Manufacturing Plant Management
Others

By End-use

Automotive
Consumer Electronics
Healthcare
Aerospace & Defense
Food & Beverages
Chemical
Others

By Country

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 LAMEA Laser Sensor Market, by Component
- 1.4.2 LAMEA Laser Sensor Market, by Type
- 1.4.3 LAMEA Laser Sensor Market, by Application
- 1.4.4 LAMEA Laser Sensor Market, by End-use
- 1.4.5 LAMEA Laser Sensor Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Product Launches and Product Expansions
- 4.2.2 Partnerships, Collaborations and Agreements
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jan - 2024, May) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. LAMEA Laser Sensor Market by Component

5.1 LAMEA Hardware Market by Country
5.2 LAMEA Software Market by Country
5.3 LAMEA Services Market by Country

Chapter 6. LAMEA Laser Sensor Market by Type

6.1 LAMEA Laser Displacement Sensors Market by Country
6.2 LAMEA Laser Photoelectric Sensors Market by Country
6.3 LAMEA Laser Scanners Market by Country
6.4 LAMEA Others Market by Country

Chapter 7. LAMEA Laser Sensor Market by Application

7.1 LAMEA Process Monitoring & Quality Control Market by Country
7.2 LAMEA Distance Measurement Market by Country
7.3 LAMEA Security & Surveillance Market by Country
7.4 LAMEA Motion & Guidance Market by Country
7.5 LAMEA Manufacturing Plant Management Market by Country
7.6 LAMEA Others Market by Country

Chapter 8. LAMEA Laser Sensor Market by End-use

8.1 LAMEA Automotive Market by Country
8.2 LAMEA Consumer Electronics Market by Country
8.3 LAMEA Healthcare Market by Country
8.4 LAMEA Aerospace & Defense Market by Country
8.5 LAMEA Food & Beverages Market by Country
8.6 LAMEA Chemical Market by Country
8.7 LAMEA Others Market by Country

Chapter 9. LAMEA Laser Sensor Market by Country

9.1 Brazil Laser Sensor Market
- 9.1.1 Brazil Laser Sensor Market by Component
- 9.1.2 Brazil Laser Sensor Market by Type
- 9.1.3 Brazil Laser Sensor Market by Application
- 9.1.4 Brazil Laser Sensor Market by End-use
9.2 Argentina Laser Sensor Market
- 9.2.1 Argentina Laser Sensor Market by Component
- 9.2.2 Argentina Laser Sensor Market by Type
- 9.2.3 Argentina Laser Sensor Market by Application
- 9.2.4 Argentina Laser Sensor Market by End-use
9.3 UAE Laser Sensor Market
- 9.3.1 UAE Laser Sensor Market by Component
- 9.3.2 UAE Laser Sensor Market by Type
- 9.3.3 UAE Laser Sensor Market by Application
- 9.3.4 UAE Laser Sensor Market by End-use
9.4 Saudi Arabia Laser Sensor Market
- 9.4.1 Saudi Arabia Laser Sensor Market by Component
- 9.4.2 Saudi Arabia Laser Sensor Market by Type
- 9.4.3 Saudi Arabia Laser Sensor Market by Application
- 9.4.4 Saudi Arabia Laser Sensor Market by End-use
9.5 South Africa Laser Sensor Market
- 9.5.1 South Africa Laser Sensor Market by Component
- 9.5.2 South Africa Laser Sensor Market by Type
- 9.5.3 South Africa Laser Sensor Market by Application
- 9.5.4 South Africa Laser Sensor Market by End-use
9.6 Nigeria Laser Sensor Market
- 9.6.1 Nigeria Laser Sensor Market by Component
- 9.6.2 Nigeria Laser Sensor Market by Type
- 9.6.3 Nigeria Laser Sensor Market by Application
- 9.6.4 Nigeria Laser Sensor Market by End-use
9.7 Rest of LAMEA Laser Sensor Market
- 9.7.1 Rest of LAMEA Laser Sensor Market by Component
- 9.7.2 Rest of LAMEA Laser Sensor Market by Type
- 9.7.3 Rest of LAMEA Laser Sensor Market by Application
- 9.7.4 Rest of LAMEA Laser Sensor Market by End-use

Chapter 10. Company Profiles

10.1 Keyence Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
  - 10.1.5.1 Product Launches and Product Expansions:
- 10.1.6 SWOT Analysis
10.2 Banner Engineering Corporation
- 10.2.1 Company Overview
- 10.2.2 Recent strategies and developments:
  - 10.2.2.1 Product Launches and Product Expansions:
- 10.2.3 SWOT Analysis
10.3 Sick AG
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
  - 10.3.5.1 Partnerships, Collaborations, and Agreements:
  - 10.3.5.2 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
10.4 Rockwell Automation, Inc.
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
  - 10.4.5.1 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
10.5 Omron Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
  - 10.5.5.1 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
10.6 Baumer Holding AG
- 10.6.1 Company Overview
- 10.6.2 Recent strategies and developments:
  - 10.6.2.1 Product Launches and Product Expansions:
- 10.6.3 SWOT Analysis
10.7 Panasonic Holdings Corporation
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
  - 10.7.5.1 Product Launches and Product Expansions:
- 10.7.6 SWOT Analysis
10.8 Leuze Electronic GmbH & Co. KG
- 10.8.1 Company Overview
- 10.8.2 Recent strategies and developments:
  - 10.8.2.1 Product Launches and Product Expansions:
10.9 Schneider Electric SE
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
  - 10.9.5.1 Product Launches and Product Expansions:
- 10.9.6 SWOT Analysis
10.10. Laser Technology, Inc.
- 10.10.1 Company Overview
- 10.10.2 Recent strategies and developments:
  - 10.10.2.1 Product Launches and Product Expansions:

LIST OF TABLES

TABLE 1 LAMEA Laser Sensor Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Laser Sensor Market, 2024 - 2031, USD Million
TABLE 3 Product Launches And Product Expansions- Laser Sensor Market
TABLE 4 Partnerships, Collaborations and Agreements- Laser Sensor Market
TABLE 5 LAMEA Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 6 LAMEA Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 7 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Software Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Software Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Services Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Services Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 14 LAMEA Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 15 LAMEA Laser Displacement Sensors Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Laser Displacement Sensors Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Laser Photoelectric Sensors Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Laser Photoelectric Sensors Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Laser Scanners Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Laser Scanners Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 24 LAMEA Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 25 LAMEA Process Monitoring & Quality Control Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Process Monitoring & Quality Control Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Distance Measurement Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Distance Measurement Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Security & Surveillance Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Security & Surveillance Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Motion & Guidance Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Motion & Guidance Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Manufacturing Plant Management Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Manufacturing Plant Management Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 38 LAMEA Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 39 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 41 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 44 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 45 LAMEA Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 48 LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 49 LAMEA Chemical Market by Country, 2020 - 2023, USD Million
TABLE 50 LAMEA Chemical Market by Country, 2024 - 2031, USD Million
TABLE 51 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 52 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 53 LAMEA Laser Sensor Market by Country, 2020 - 2023, USD Million
TABLE 54 LAMEA Laser Sensor Market by Country, 2024 - 2031, USD Million
TABLE 55 Brazil Laser Sensor Market, 2020 - 2023, USD Million
TABLE 56 Brazil Laser Sensor Market, 2024 - 2031, USD Million
TABLE 57 Brazil Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 58 Brazil Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 59 Brazil Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 60 Brazil Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 61 Brazil Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 62 Brazil Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 63 Brazil Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 64 Brazil Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 65 Argentina Laser Sensor Market, 2020 - 2023, USD Million
TABLE 66 Argentina Laser Sensor Market, 2024 - 2031, USD Million
TABLE 67 Argentina Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 68 Argentina Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 69 Argentina Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 70 Argentina Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 71 Argentina Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 72 Argentina Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 73 Argentina Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 74 Argentina Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 75 UAE Laser Sensor Market, 2020 - 2023, USD Million
TABLE 76 UAE Laser Sensor Market, 2024 - 2031, USD Million
TABLE 77 UAE Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 78 UAE Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 79 UAE Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 80 UAE Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 81 UAE Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 82 UAE Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 83 UAE Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 84 UAE Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 85 Saudi Arabia Laser Sensor Market, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Laser Sensor Market, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 88 Saudi Arabia Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 89 Saudi Arabia Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 90 Saudi Arabia Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 91 Saudi Arabia Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 92 Saudi Arabia Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 93 Saudi Arabia Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 94 Saudi Arabia Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 95 South Africa Laser Sensor Market, 2020 - 2023, USD Million
TABLE 96 South Africa Laser Sensor Market, 2024 - 2031, USD Million
TABLE 97 South Africa Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 98 South Africa Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 99 South Africa Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 100 South Africa Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 101 South Africa Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 102 South Africa Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 103 South Africa Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 104 South Africa Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 105 Nigeria Laser Sensor Market, 2020 - 2023, USD Million
TABLE 106 Nigeria Laser Sensor Market, 2024 - 2031, USD Million
TABLE 107 Nigeria Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 108 Nigeria Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 109 Nigeria Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 110 Nigeria Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 111 Nigeria Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 112 Nigeria Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 113 Nigeria Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 114 Nigeria Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 115 Rest of LAMEA Laser Sensor Market, 2020 - 2023, USD Million
TABLE 116 Rest of LAMEA Laser Sensor Market, 2024 - 2031, USD Million
TABLE 117 Rest of LAMEA Laser Sensor Market by Component, 2020 - 2023, USD Million
TABLE 118 Rest of LAMEA Laser Sensor Market by Component, 2024 - 2031, USD Million
TABLE 119 Rest of LAMEA Laser Sensor Market by Type, 2020 - 2023, USD Million
TABLE 120 Rest of LAMEA Laser Sensor Market by Type, 2024 - 2031, USD Million
TABLE 121 Rest of LAMEA Laser Sensor Market by Application, 2020 - 2023, USD Million
TABLE 122 Rest of LAMEA Laser Sensor Market by Application, 2024 - 2031, USD Million
TABLE 123 Rest of LAMEA Laser Sensor Market by End-use, 2020 - 2023, USD Million
TABLE 124 Rest of LAMEA Laser Sensor Market by End-use, 2024 - 2031, USD Million
TABLE 125 key information - Keyence Corporation
TABLE 126 Key Information - Banner Engineering Corporation
TABLE 127 Key Information - Sick AG
TABLE 128 Key Information - Rockwell Automation, Inc.
TABLE 129 Key Information - Omron Corporation
TABLE 130 key information - Baumer Holding AG
TABLE 131 Key Information - Panasonic Holdings Corporation
TABLE 132 Key Information - Leuze Electronic GmbH + Co. KG
TABLE 133 Key Information - Schneider Electric SE
TABLE 134 Key Information - Laser Technology, Inc.

LAMEA Laser Sensor Market Size, Share & Trends Analysis Report By Component, By Type, By Application, By End-use, By Country and Growth Forecast, 2024 - 2031

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