Middle East and Africa Photoelectric Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Retro-Reflective, Thru-Beam, and Diffused) and End-use (Automotive, Military and Aerospace, Electronics and Semiconductor, Packaging, and Others)
Market Introduction
The Middle East countries are looking ahead for the adoption of value-added logistics services for industries. However, urbanization in the Middle Eastern region is transforming the outlook of countries. The MEA stands among the world’s fastest-growing market for logistics and transportation sector, with strong infrastructure presence in Dubai and Abu Dhabi turning is turning them into global hubs. Continuous growth in industrialization in Saudi Arabia is pushing the country toward integration of automated supply chain within different industries. Saudi Arabia is witnessing balanced development due to the continuous support from government for the industrialization in Yanbu and Jubail. The government initiatives to encourage the manufacturing sector of the MEA region are increasing the demand for photoelectric sensor. For instance, Dubai has established one of the biggest industrial exhibition event for attracting new manufacturers. Major manufacturing industries in Dubai include rubber, plastics, food & beverages, printing and publishing, base metals, oil & gas, petroleum, and electrical equipment and machinery. Several factors, such as increase in passenger cars and commercial vehicles on the road, rise in demand for electric vehicles, and introduction of automated technology integrated cars, are positively affecting the automotive industry in the region. For, instance, in 2020, 720,156 units of vehicles were produced in Africa. Thus, the increasing car production and sales across the region is also influencing the growth of the photoelectric sensor market. Other Middle East countries such as Oman and Israel are also expected to witness growth in its manufacturing sector. The Oman government is supporting manufacturing industry by introducing several incentives as well as FDI promotions. Further, it has created special economic zones to enhance manufacturing growth. Also, Israel has a robust aerospace industry. Thus, the above-mentioned factors are contributing to the growth of the photoelectric sensor market over the years in the region.
The major countries in the MEA facing the economic impact of COVID-19 pandemic include Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait. The region is projected to register a swift decline in exports due to lowered demands for raw materials and products from manufacturers across North America, Europe, and APAC; this can be attributed to lowered production activities and disruption of manufacturing in many countries in these regions. Irrespective of the previous projections regarding steady growth of the photoelectric sensor market in the MEA due to escalating adoption of the IIoT, to enhance resource utilization, improve efficiencies, and enhance worker safety, in Saudi Arabia and the UAE, the imposition of travel restrictions and disruption of supply chains are limiting the photoelectric sensor market growth to a certain extent.
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Market Overview and Dynamics
The photoelectric sensor market in Middle East & Africa is expected to grow from US$ 128.31 million in 2021 to US$ 195.06 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028. Photoelectric sensor are gaining popularity due to their high reliability and long-range object detection capabilities, irrespective of the size, shape, color, material, and surface properties of objects. These sensor are designed to operate under harsh conditions; moreover, they are enabled with advanced technologies to ensure reliable suppression of undesirable reflections. These abilities makes them more versatile than many other sensor types and appropriate for industrial usage. For instance, retro reflective sensor with polarization filters detect the position of carriage of any shape and material, which is to be kept on and off the track of a rollercoaster. Further, photoelectric sensor are widely used in the military and aerospace industries owing to their high accuracy and reliable performance. They are used in cargo aircraft for smoke and fire detection. In addition, photoelectric sensor help airframe and engine manufacturers to monitor aerospace system parameters such as pressure, temperature, acceleration, optical position, and speed. Moreover, the defense industry is extensively using biological detection equipment for detecting the presence of chemical substances in environment and for assessing the risk of potential biological threats by detecting harmful biological materials, to safeguard both military and civilian populations. Thus, the accuracy and reliability of photoelectric sensor operations make them a preferred sensor type in harsh industrial conditions.
Key Market Segments
In terms of technology, the retro-reflective segment accounted for the largest share of the Middle East & Africa photoelectric sensor market in 2020. Further In term of end-use, the automotive segment held a larger market share of the photoelectric sensor market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the photoelectric sensor market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Autonics Corporation; Balluff GmbH; Eaton Corporation plc.; ifm electronic GmbH; OMRON Corporation; Rockwell Automation, Inc.; Panasonic Corporation; SICK AG; and Schneider Electric SE among others.
Reasons to buy report
- To understand the Middle East & Africa photoelectric sensor market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Middle East & Africa photoelectric sensor market
- Efficiently plan M&A and partnership deals in Middle East & Africa photoelectric sensor market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Middle East & Africa photoelectric sensor market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East & Africa region.
Middle East & Africa Photoelectric Sensor Market Segmentation
Middle East & Africa Photoelectric Sensor Market – By Technology
- Retro-Reflective
- Thru-Beam
- Diffused
Middle East & Africa Photoelectric Sensor Market – By End-Use
- Automotive
- Military and Aerospace
- Electronics and Semiconductor
- Packaging
- Others
Middle East & Africa Photoelectric Sensor Market – By Country
- South Africa
- UAE
- Saudi Arabia
- Rest of Middle East & Africa
Middle East & Africa Photoelectric Sensor Market – Companies Mentioned
- Autonics Corporation
- Balluff GmbH
- Eaton Corporation plc.
- ifm electronic GmbH
- OMRON Corporation
- Rockwell Automation, Inc.
- Panasonic Corporation
- SICK AG
- Schneider Electric SE
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Photoelectric Sensor – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Middle East & Africa Photoelectric Sensor Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Strong Demand in Manufacturing Industries
5.1.2 Assurance and Reliability of Photoelectric Sensors
5.2 Market Restraint
5.2.1 Excessive Installation and Maintenance Costs
5.3 Market Opportunities
5.3.1 Amplifying Demand for Photoelectric Sensors in Pharmaceuticals Industry
5.4 Future Trends
5.4.1 Incorporation of Pulse Ranging Technology
5.5 Impact Analysis of Drivers and Restraints
6. Middle East & Africa Photoelectric Sensor – Market Analysis
6.1 Middle East & Africa Photoelectric Sensor Market Overview
6.2 Middle East & Africa: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Photoelectric Sensor Market Analysis – by Technology
7.1 Overview
7.2 Middle East & Africa: Photoelectric Sensor Market, by Technology
7.3 Retro-reflective
7.3.1 Overview
7.3.2 Retro-Reflective: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
7.4 Thru-beam
7.4.1 Overview
7.4.2 Thru-Beam: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
7.5 Diffused
7.5.1 Overview
7.5.2 Diffused: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Photoelectric Sensor Market Analysis – by End-use
8.1 Overview
8.1.1 Middle East & Africa: Photoelectric Sensor Market, by End-use
8.2 Automotive
8.2.1 Overview
8.2.2 Automotive: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.3 Military and Aerospace
8.3.1 Overview
8.3.2 Military and Aerospace: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.4 Electronics and Semiconductor
8.4.1 Overview
8.4.2 Electronics and Semiconductor: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.5 Packaging
8.5.1 Overview
8.5.2 Packaging: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Photoelectric Sensor Market – Country Analysis
9.1 Overview
9.1.1 MEA: Photoelectric Sensor Market, by Key Country
9.1.1.1 South Africa: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Photoelectric Sensor Market, by Technology
9.1.1.1.2 South Africa: Photoelectric Sensor Market, by End-use
9.1.1.2 UAE: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 UAE: Photoelectric Sensor Market, by Technology
9.1.1.2.2 UAE: Photoelectric Sensor Market, by End-use
9.1.1.3 Saudi Arabia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Saudi Arabia: Photoelectric Sensor Market, by Technology
9.1.1.3.2 Saudi Arabia: Photoelectric Sensor Market, by End-use
9.1.1.4 Rest of MEA: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of MEA: Photoelectric Sensor Market, by Technology
9.1.1.4.2 Rest of MEA: Photoelectric Sensor Market, by End-use
10. Middle East & Africa Photoelectric Sensor Market– Covid-19 Impact Analysis
10.1 Overview
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Autonics Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Balluff GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Eaton Corporation plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 ifm electronic GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OMRON Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Rockwell Automation, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Panasonic Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SICK AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schneider Electric SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East & Africa: Photoelectric Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of MEA: Photoelectric Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of MEA: Photoelectric Sensor Market, by End-use – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Photoelectric Sensor Market Segmentation
Figure 2. Middle East & Africa Photoelectric Sensor Market Segmentation – By Country
Figure 3. Middle East & Africa Photoelectric Sensor Market Overview
Figure 4. Middle East & Africa Photoelectric Sensor Market, by Technology
Figure 5. Middle East & Africa Photoelectric Sensor Market, by End-use
Figure 6. Middle East & Africa Photoelectric Sensor Market, By Country
Figure 7. Middle East & Africa PEST Analysis
Figure 8. Photoelectric Sensor Market- Ecosystem Analysis
Figure 9. Photoelectric Sensor Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Middle East & Africa: Photoelectric Sensor Market Revenue Share, by Technology (2020 and 2028)
Figure 12. Retro-reflective: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Thru-beam: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Diffused: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Middle East & Africa: Photoelectric Sensor Market Revenue Share, by End-use (2020 and 2028)
Figure 16. Automotive: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Military and Aerospace: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electronics and Semiconductor: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Packaging: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Photoelectric Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Geographic Overview of Photoelectric Sensor Market
Figure 22. MEA: Photoelectric Sensor Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. South Africa: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. UAE: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Saudi Arabia: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of MEA: Photoelectric Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- Autonics Corporation
- Balluff GmbH
- Eaton Corporation plc.
- ifm electronic GmbH
- OMRON Corporation
- Rockwell Automation, Inc.
- Panasonic Corporation
- SICK AG
- Schneider Electric SE
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