Colour Detection Sensor Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.68 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Colour Detection Sensor Market Analysis
The color detection sensor market was valued at USD 1.77 billion in 2020 and is expected to reach USD 2.91 billion by 2026 and work at a CAGR of 8.68% over the forecast period (2021-2026). The need to measure the lighting environment beyond just ALS (or broad spectrum light) has driven the adoption of color sensors for use in display-based products.
- Color sensing technology along with the ability to accurately measure the ambient light CCT and intensity enables smartphones to increase its user's experience. The color sensors distinguish between natural and artificial light which is helping smartphone manufacturers to extensively use them in the optical lenses of smartphones.
- As the penetration of smartphones is set to increase from 57% in 2017 to globally to 77% in 2025 according to GSMA, the market for color detection sensors is also expected to increase.
- Furthermore, there has been an increase in automation across several industries, globally. This has further increased the demand for optical sensors across industry verticals, and color sense is one of the important subjects of optical sensors. Color sensors have a variety of applications, including detection of environmental, biological, and chemical parameters.
- Future advances in electronics, optics, and software are expected to lead to the development of color sensors that output the reading intensity and color value. This information will enable the controller or operator to see not only what color is detected, but also how much color is present.
Colour Detection Sensor Market Trends
This section covers the major market trends shaping the Colour Detection Sensor Market according to our research experts:
Molecular Luminescence Sensors Account for Significant Market Share
- Luminescence sensors detect visible and non-visible marks that illuminate when using ultraviolet (UV) light. Fluorescent material and marks are reliably detected independently of their pattern, colors, or surface conditions on any material.
- They respond to materials, such as paints, greases, inks, and adhesives that have luminescent tracers. The tracers emit light in the visible spectrum when stimulated by a UV light source.
- Luminescence-based sensing applications range from agriculture to biology, including medicine and environmental care, which indicates the importance of this technique as a detection tool.
- Many commonly used packaging and production materials use luminescent tracers as a means of providing presence verification. Among these materials are adhesives, gums, films, inks, and greases. Since many of these materials are clear or nearly clear, other types of sensors are not suitable for reliable verification.
North America to Account for the Largest Market Share
- The United States dominates the market, owing to its expertise in technology-driven aspects. According to the International Trade Administration, the United States is a major global producer of industrial automation equipment, broadly defined as the hardware and components used to automate systems in manufacturing or industrial settings.
- Moreover, rising capital expenditures in industries, such as automotive, oil & gas, and power, are fuelling the demand for industrial automation and are also boosting the associated automation markets, including color detection sensors.
- With this support, the United States leads the market with the automation of various processes in the industries, increasing demand from end users, such as packaging, food & beverage, petrochemical, hardware, chemical, and textile.
- Furthermore, smart color cameras and smart color sensors both have progressed a lot in the past several years in the United States. Starting with smart color sensors, this technology has made big gains. Not only do they have a greater color resolution, but many manufacturers also offer versions of these sensors that can give calibrated RGB color results.
- Additionally, the leading players in the market have a strong presence in the United States. Their efforts in the development of color sensors contribute significantly to the market. For instance, Rockwell automation Inc. engages in improving its sensors portfolio by innovating smart sensors offered by the company. Moreover, its photoelectric sensors are recognized as the most robust in industrial automation.
Colour Detection Sensor Industry Overview
The colour detection sensor market is highly fragmented due to low entry barriers. Some key players in the market are SickAG, EMX Industries Inc, Infratech Inc, CTi Automation, Panasonic Corp, ASTECH GmbH, Banner Engineering, Keyence Corp and others. Some recent developments in the market include:
- July 2018- Micro-epsilon introduced colour sensor for measuring the zinc strip colour. This will help manufacturers to use colour sensors in manufacturing processes.
Colour Detection Sensor Market Leaders
Omron Corporation
Pepperl+Fuchs
Panasonic Corporation
Keyence Corporation
Sick AG
*Disclaimer: Major Players sorted in no particular order
Colour Detection Sensor Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Introduction to Market Drivers and Restraints
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4.3 Market Drivers
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4.3.1 Process Automation across Various Industries
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4.3.2 Increased use of Color Sensors in Smartphones
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4.4 Market Restraints
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4.4.1 Higher Initial Costs
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4.5 Value Chain Analysis
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4.6 Industry Attractiveness - Porter's Five Force Analysis
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4.6.1 Threat of New Entrants
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4.6.2 Bargaining Power of Buyers/Consumers
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4.6.3 Bargaining Power of Suppliers
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4.6.4 Threat of Substitute Products
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4.6.5 Intensity of Competitive Rivalry
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4.7 Technology Snapshot
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4.7.1 Industrial Automation
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4.7.2 Consumer Electronics
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4.7.3 Fluid and Gas Analysis
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4.7.4 Lighting and Digital Signage
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Brightness Sensor
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5.1.2 Contrast Sensor
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5.1.3 Molecular Luminescence Sensor
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5.1.4 RGB Sensor
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5.1.5 Printed Mark Sensor
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5.1.6 Other Types
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5.2 By End-user Industry
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5.2.1 Food & Beverage
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5.2.2 Medical
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5.2.3 Chemical
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5.2.4 Textile
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5.2.5 Automotive
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5.2.6 Factory Automation
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5.2.7 Other End-user Industries
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5.3 Geography
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5.3.1 North America
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5.3.2 Europe
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5.3.3 Asia-Pacific
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5.3.4 Rest of The World
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Sick AG
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6.1.2 EMX Industries Inc
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6.1.3 InfraTec GmbH
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6.1.4 CTi Automation
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6.1.5 Panasonic Corporation
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6.1.6 ASTECH GmbH
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6.1.7 Banner Engineering
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6.1.8 Keyence Corporation
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6.1.9 Baumer Atlas
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6.1.10 HiTechnic Products
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6.1.11 Ams AG
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6.1.12 Datalogic S.p.A
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6.1.13 Omron Corporation
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6.1.14 SensoPart Industriesensorik GmbH
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6.1.15 Jenoptik AG
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6.1.16 Hamamatsu Photonics K.K.
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6.1.17 Balluff GmbH
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6.1.18 Pepperl+Fuchs
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- *List Not Exhaustive
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7. INVESTMENT ANALYSIS
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8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Colour Detection Sensor Industry Segmentation
The color sensor detects the color of the surface, usually in the RGB scale. Color is the result of interaction between a light source, an object, and an observer. Color sensors have a variety of applications including detection of the environment, choosing the right product and sorting. There are different types of colour detection sensors: brightness, contrast, luminescence, RGB, print mark sensors.
| By Type | |
| Brightness Sensor | |
| Contrast Sensor | |
| Molecular Luminescence Sensor | |
| RGB Sensor | |
| Printed Mark Sensor | |
| Other Types |
| By End-user Industry | |
| Food & Beverage | |
| Medical | |
| Chemical | |
| Textile | |
| Automotive | |
| Factory Automation | |
| Other End-user Industries |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Rest of The World |
Colour Detection Sensor Market Research FAQs
What is the current Colour Detection Sensor Market size?
The Colour Detection Sensor Market is projected to register a CAGR of 8.68% during the forecast period (2024-2029)
Who are the key players in Colour Detection Sensor Market?
Omron Corporation, Pepperl+Fuchs, Panasonic Corporation, Keyence Corporation and Sick AG are the major companies operating in the Colour Detection Sensor Market.
Which is the fastest growing region in Colour Detection Sensor Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Colour Detection Sensor Market?
In 2024, the North America accounts for the largest market share in Colour Detection Sensor Market.
What years does this Colour Detection Sensor Market cover?
The report covers the Colour Detection Sensor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Colour Detection Sensor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Colour Detection Sensor Industry Report
Statistics for the 2024 Colour Detection Sensor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Colour Detection Sensor analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
