Market Research : Color Detection Sensor Market Globally Grow at a CAGR of 10.29% by Revenue During the Period 2018-2021
A color detection sensor is a type of photoelectric sensor. The primary function of a color detection sensor is to detect different colors and deploy or undertake a particular action.
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Color detection sensors use light to digital (LTD), light to frequency (LTF), and light to voltage (LTV) approaches to sense light and colors. The basic principle of a color detection sensor is the energetic reflection principle. In this principle, the partial spectra of red, blue, and green are separately evaluated. For example, the light falling on a green surface will result in the reflection of the green part of the spectrum (and absorb the blue and red parts).
Technavios analysts forecast the global color detection sensor market to grow at a CAGR of 10.29% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global color detection sensor market for 2017-2021. To calculate the market size, the report considers the sales from various end-users such as food and beverages, packaging, consumer electronics, pharmaceutical, automotive, and others.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Color Detection Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Banner Engineering
SICK
SensoPart Industries
Rockwell Automation
Pepperl+Fuchs
Other prominent vendors
Baumer
Hamamatsu Photonics
ifm electronic
KEYENCE
OMRON
Sensormation
Market driver
Increasing focus on reducing road accidents
For a full, detailed list, view our report
Market challenge
Increase in maintenance cost
For a full, detailed list, view our report
Market trend
Emergence of true color and spectral sensing
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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