Color detection sensors are essential part of optical and photoelectric sensors, which can detect light and color. There are three different modes of detection they are light-to-voltage, light-to-digital, and light-to-frequency. Color detection sensors are used to sort colored products, identify coded markings, and verify or detect the presence of adhesive or date codes on a package. These sensors can detect even a minor variation in color and are used in several industries.
Figure 1: Global Color Detection Sensor Market projection
The global color detection sensor market was sized over USD 1.25 billion in 2015. The global color detection sensor market is projected to grow with a CAGR between 5.5% and 6.0% during 2017-2023. Growth in industrial automation, increasing usage of color sensors in smartphones, rising demand for processed and frozen food are the key factor driving the growth of the global color detection sensor market. Moreover, low reliability in harsh conditions, shortening of sensing range reduces sensor performance, performance gets affected due to sensitivity to moisture are the key factors restraining the growth of this market. Advanced technologies such as true color sensing and spectral sensing and growing application of industrial IoT, and emerging economies are likely to bring more opportunities to this market.
The report segments the color detection sensor market by product and by region. Market segmentation based on product include color sensors, luminescence sensors, contrast sensors and brightness sensors.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Color Detection Sensor Market by Region
Europe dominated the global color detection sensor market in 2015, due to the presence of textile, automotive, and food and beverage industries followed by Asia Pacific and North America. Furthermore, APAC is likely to grow rapidly at the highest CAGR due to the large market base for smartphones, tablets, and phablets. Moreover, North America will grow at a moderate rate and maintain its market share during the forecast period.
The companies covered in the report include Baumer, CTi Automation, Datalogic S.p.A, Ams AG, ASTECH GmbH, SICK AG, Hamamatsu Photonics K.K., Atlas Scientific LLC, Banner Engineering, Balluff GmbH, EMX Industries Inc., Hans TURCK GmbH Co. KG, InfraTec GmbH, JENOPTIK AG, Keyence Corp, OMRON Corporation, and Panasonic Corp.
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