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ARE SUPPLIERS OF PROXIMITY, PHOTOELECTRIC AND LENEAR DISPLACEMENT SENSORS MEETING CUSTOMER DEMANDS?
28 May 2004 - Venture Development Corporation
| As manufacturing processes become increasingly sophisticated, users of proximity, photoelectric and linear displacement sensors are demanding more functionality from their sensors. Opportunities to improve growth rates in this industry exist if suppliers can satisfy customer requirements. |
As manufacturing processes become increasingly sophisticated, users of proximity, photoelectric and linear displacement sensors are demanding more functionality from their sensors. Opportunities to improve growth rates in this industry exist if suppliers can satisfy customer requirements. A past VDC market study totaled the U.S. market for proximity and photoelectric sensors at $655 million in 2000 and the market for linear displacement sensors at $314 million in 2000. In order for suppliers to boost the low, and at times negative, growth rates of the past 4 years, it will be necessary for them to meet the following user requirements: Provide new shapes and smaller sizes
Use advanced housing materials like Teflon, chrome-plated steel, etc. to meet durability requirements
Offer support for open and proprietary networking protocols
Incorporate networking interface circuits, and
Increase sensing range and performance
The best prospects for vendors, in terms of largest and fastest-growing consuming segments by type of sensor are: VDC's proposed update to this research, Proximity, Photoelectric, and Linear Displacement Sensors: North American Market Assessment, Seventh Edition aims to outline the changing requirements of control environments and help suppliers create strategies to address these important issues by providing granular, relevant market analysis if this industry, including: In-depth analysis of North American market demand for proximity, photoelectric, and linear displacement sensors
Industry/application market estimates and forecasts - for all product types
Detailed OEM/integrator analysis evaluating the opportunities and requirements to support existing and emerging applications
Industry structure and influences, including detailed profiles and share analysis of leading and emerging proximity, photoelectric, and linear displacement sensor suppliers
Key success requirements for suppliers of proximity, photoelectric, and linear displacement sensors
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About: Venture Development Corporation
Venture Development Corporation (VDC) is an independent technology market research and strategy consulting firm that specializes in a number of industrial, embedded, defense and niche enterprise IT markets. VDC has been operating since 1971, when graduates of the Harvard Business School and Massachusetts Institute of Technology founded the firm. Today, we employ a talented collection of analysts and consultants who offer a rare combination of expertise in the market research process; experience in technology product and program management, and formal training in engineering and marketing. VDC's clients include thousands of the largest and fastest growing tech suppliers in the world and the most successful investors participating in the markets we cover. |
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