Global Color Detection Sensors Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz, in its upcoming report titled, “Global Color Detection Sensors Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global color detection sensors market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global color detection systems market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global color detection sensors market is segmented on basis of product type, end-user, industry vertical, and region. The global color detection sensors market was valued at US$ X.X billion in 2016, and is expected to reach US$ XX billion over the forecast period at a single-digit CAGR of X.X%.

Color detection sensors are photoelectric sensors that provide light sensing for accurate color measurement, determination, and discrimination. These sensors offer reliable solutions to difficult and complex automation challenges. Color detection sensors are used for various purposes such as component detection, verifying steps in manufacturing processes, distinguishing color marks on parts, product packaging, and monitoring color of adhesive tapes. The two color sensing systems available are reflective and transmissive.

A major factor driving growth of the global color detection sensors market is increasing adoption for automation of different processes across various industries. Increasing demand for color detection sensors from end-user industries such as food & beverages, packaging, petrochemicals, textile etc., owing to their cost effectiveness, customization, and easy replacement of sensors is further driving growth of the global color detection sensors markets. Color detection sensors are also used for observing uniformity of colors during production of textiles and in industrial painting processes. Color detection sensors are commonly used in smartphones and tablets to analyze RGB components of ambient light for image tuning and automatic backlight dimming.

A major factor hampering growth of the global color detection sensors market is inaccuracy of sensors to differentiate between almost similar shades of colors and in such cases, organizations are opting for manual processes. High implementation and maintenance costs required for color detection sensor systems is an obstacle for adoption in small scale enterprises.

Europe dominates the market in terms of revenue generation and is expected to maintain its dominance during the forecast period, owing to presence of a large number of color detection sensors vendors in the market in Europe. Asia Pacific is expected to register a CAGR of XX% and high growth rate in terms of revenue generation during the forecast period. This growth is attributed to increasing number of manufacturing units and rising adoption of sensors for automation.

Market Segmentation:

Global color detection sensors market segmentation by product type:

• Color sensing
• RGB sensors
• Luminescence sensors
• Contrast sensors
• Brightness sensors
• Others

Global color detection sensors market segmentation by end-user:

• Healthcare
• Printing
• Consumer electronics
• Lighting and signage
• Industrial automation
• Fluid analysis

Global color detection sensors market segmentation by industry vertical:

• Automotive
• Food & beverage
• Packaging
• Textiles
• Pharmaceutical
• Production unit automation
• Chemical
• Lighting & signage

 Global color detection sensors market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• SICK AG
• Banner Engineering Corp.
• Rockwell Automation
• SensoPart Inc.
• ifm electronic GmbH
• Hamamatsu photonics K.K.
• Pepperl+Fuchs GmbH
• Omron Corporation
• Atlas Scientific LLC
• Keyence Corporation