3D Measurement Sensors in Logistics Market Size Report & Overview 2023–2030
[Research Report] The 3D measurement sensors in logistics market size is expected to grow from US$ 127.50 million in 2022 to US$ 242.13 million by 2030; it is estimated to record a CAGR of 8.3% during the forecast period.
Analyst Perspective:
The demand for 3D image sensors, 3D position sensors, and 3D depth sensors is increasing in the logistics industry worldwide as these sensors help track the movement of goods within a warehouse. In addition, these sensors also help the companies to identify bottlenecks and optimize their warehouse layout as per the needs, driving the growth of the 3D measurement sensors in logistics market. Also, with the growing e-commerce industry, the logistics sector is growing tremendously. This growth is raising the need for automation to further enhance operational efficiency by providing real-time data through machine vision, asset tracking, data capture scanning, and object dimensioning. Furthermore, the use of 3D measurement sensors in robotics is increasing as the sensors help robots to be more aware of their surroundings, which can help them to efficiently perform pick-and-grasp operations in the warehouse, creating an opportunity for the growth of the 3D measurement sensors in logistics market.
Market Overview:
3D measurement sensors are used to obtain information electronically and use this data to improve the interfaces between humans, devices, and the world. These sensors work on 3D sensing technology, which uses near-infrared light reflection, photography, geometric principles, and advanced computing power to enable machines to acquire the details about people and objects, which can be further processed in meaningful information. The demand for 3D sensors is witnessing tremendous growth as they are used in warehouse and logistic operations to increase efficiency. In warehouses, sensors are used for order fulfillment as they help in monitoring product damage and other non-conformances more effectively, thus, boosting the growth of the 3D measurement sensors in logistics market.
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3D Measurement Sensors in Logistics Market: Strategic Insights
3D Measurement Sensors in Logistics Market
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![CAGR](https://www.theinsightpartners.com/assets/images/rd_int_img/cagr.png)
CAGR (2022 - 2030)
8.3%
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Market Size 2022
US$ 127.50 Million
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Market Size 2030
US$ 242.13 Million
Market Dynamics
GROWTH DRIVERS
- Increasing Use of Measurement Sensors in Logistics
- Growing Logistics Industry
FUTURE TRENDS
- Growing Automation in the Logistics Industry
OPPORTUNITIES
- Increasing Deployment of 3D
Measurement Sensors in Autonomous Mobile Robots
Key Players
- Micro-Epsilon Messtechnik GmbH & Co KG
- Infineon Technologies AG
- Sony Semiconductor Solutions Corp
- Cognex Corp
- ifm Electronic GmbH
- Intel Corp
- LMI Technologies Inc
- Keyence Corp
- OMRON Corp
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Image Sensors
- Position Sensors
- Acoustic Sensors
- Others
Technology
- Stereo Vision
- Structured Light
- Laser Light
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
3D Measurement Sensors in Logistics Market: Strategic Insights
-
CAGR (2022 - 2030)8.3% -
Market Size 2022
US$ 127.50 Million -
Market Size 2030
US$ 242.13 Million
![The Insight Partners - Logo](https://www.theinsightpartners.com/assets/images/rd_int_img/tip-logo.jpg)
Market Dynamics
- Increasing Use of Measurement Sensors in Logistics
- Growing Logistics Industry
- Growing Automation in the Logistics Industry
- Increasing Deployment of 3D Measurement Sensors in Autonomous Mobile Robots
Key Players
- Micro-Epsilon Messtechnik GmbH & Co KG
- Infineon Technologies AG
- Sony Semiconductor Solutions Corp
- Cognex Corp
- ifm Electronic GmbH
- Intel Corp
- LMI Technologies Inc
- Keyence Corp
- OMRON Corp
Regional Overview
![Regional Overview](https://www.theinsightpartners.com/assets/images/rd_int_img/ig-regional.png)
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_danger.png)
- Image Sensors
- Position Sensors
- Acoustic Sensors
- Others
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_warning.png)
- Stereo Vision
- Structured Light
- Laser Light
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Driver:
Increasing Use of Measurement Sensors in Logistics 3D Measurement Sensors in Logistics Market
The growing use of measurement sensors such as image sensors, position sensors, and acoustic sensors has simplified several logistics operations. Image sensors are used in target recognition in the logistics distribution system to manage the distribution process efficiently. Position sensors are used to detect the position of objects of any material type and surface properties. Position sensors convert the data regarding the movement of objects into signals, which further help provide positional feedback. Various logistics and warehouse management operations, such as monitoring inventory levels, reducing inventory errors, and optimizing storage space, can be carried out easily with the help of measurement sensors. Apart from tracking the movement of goods within a warehouse, these sensors also help companies identify bottlenecks and optimize their warehouse layout. Furthermore, the measurement sensors can be used to collect data at emergency incident sites to facilitate the analysis of the logistic operations. This data can further help improve planning and preparedness for new operations. Real-time information can provide better situational awareness and can also be used as input for automatic decision support based on artificial intelligence or optimization algorithms. Thus, the increasing use of measurement sensors to amplify the efficiency of the distribution center and warehouses is boosting the 3D measurement sensors in logistics market growth.
Segmental Analysis:
Based on technology, the 3D measurement sensors in logistics market is bifurcated into:
- Stereo Vision
- Structured Light
- Laser Light
- Others
The structured light segment held the largest 3D measurement sensors in logistics market share in 2022. Structured light technology enhances 3D measurement capabilities in logistics, enabling accurate volumetric analysis, dimensional inspection, sorting optimization, load planning, and quality control. It also enables precise dimensional inspection of objects in logistics. Thus, the rising demand for structured light will further boost the 3D measurement sensors in logistics market growth during the forecast period.
Regional Analysis:
The 3D measurement sensors in logistics market size is broadly segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). North America held the largest 3D measurement sensors in logistics market share in 2022, followed by Europe and APAC. APAC is expected to register the highest CAGR in the 3D measurement sensors in logistics market from 2022 to 2030.
In North America, technological innovations are projected to provide opportunities for the growth of the 3D measurement sensors in logistics market. Various logistics companies in the region are automating their warehouses to increase productivity. This is raising the demand for various warehouse automation solutions, including 3D cameras and robots, propelling the growth of the 3D measurement sensors in logistics market in North America. In addition, the region is witnessing tremendous growth in the e-commerce industry, which is increasing the adoption of automation in the logistics industry, boosting the 3D measurement sensors in logistics market growth.
Key Player Analysis:
Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Sony Semiconductor Solutions Corp, Cognex Corp, ifm Electronic GmbH, Intel Corp, LMI Technologies Inc, Keyence Corp, OMRON Corp, and Sick AG are among the key 3D measurement sensors in logistics market players operating in the report. Among the players, Micro-Epsilon Messtechnik GmbH & Co KG and Infineon Technologies AG are the top two 3D measurement sensors in logistics market players owing to the diversified product portfolio offered.
3D Measurement Sensors in Logistics Market Report Scope
Report Attribute
Details
Market size in 2022
US$ 127.50 Million
Market Size by 2030
US$ 242.13 Million
Global CAGR (2022 - 2030)
8.3%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type - Image Sensors
- Position Sensors
- Acoustic Sensors
- Others
By Technology - Stereo Vision
- Structured Light
- Laser Light
- Others
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
- Micro-Epsilon Messtechnik GmbH & Co KG
- Infineon Technologies AG
- Sony Semiconductor Solutions Corp
- Cognex Corp
- ifm Electronic GmbH
- Intel Corp
- LMI Technologies Inc
- Keyence Corp
- OMRON Corp
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 127.50 Million |
Market Size by 2030 | US$ 242.13 Million |
Global CAGR (2022 - 2030) | 8.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the 3D measurement sensors in logistics market. A few recent key market developments are listed below:
- In 2021, Micro-Epsilon developed a 3D snapshot sensor surfaceCONTROL 3D 3200, and it is the right choice for precise geometry, shape, and surface measurements on matt surfaces. The sensor has been developed for automated inline quality inspection.
- In 2020, Infineon Technologies AG completed the acquisition of Cypress Semiconductor Corporation. The acquisition tends to offer customers the industry’s most comprehensive portfolio for linking the real with the digital world and shaping digitalization.
- In 2020, OMRON Corporation announced that it would sell the B5L Series embedded 3D TOF Sensor Module in Japan from September 1 and globally from October 1. The B5L Series utilizes unique optical design technology to stabilize three-dimensional distance information across a wide area, even under sunlight.
- In 2019, The SICK group completed its takeover of the Chilean joint venture SICK SpA by transferring the outstanding 50% of shares from the owning family Schädler in the joint venture. SICK has become the sole owner of SICK SpA as a result of this takeover, strengthening its position in the South American market.
- In 2019, SICK AG inaugurated a new production site in China where it will concentrate on localized product manufacture as well as system construction for individual customers. . With this expansion the company will be able to supply more enhanced automation solutions to its customers.
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Type, and Technology
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
1. Increasing Use of Measurement Sensors in Logistics
2. Growth of Logistics Industry
3D measurement sensors in logistics market accounted for US$ 127.50 Million in the year 2022 and is expected to grow at a CAGR of 8.3% during the forecast period, to account for US$ 242.13 Million in the year 2030.
Growing Automation in Logistics Industry
Asia Pacific is anticipated to grow with the highest CAGR over the forecast period.
The 3D measurement sensors in logistics market are expected to reach US$ 242.13 Million in the year 2030.
The key players holding majority shares in the 3D measurement sensors in logistics market include Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Sony Semiconductor Solutions Corp, Cognex Corp., and ifm Electronic GmbH.
The List of Companies - 3D Measurement Sensors in Logistics Market
- Micro-Epsilon Messtechnik GmbH & Co KG
- Infineon Technologies AG
- Sony Semiconductor Solutions Corp
- Cognex Corp
- ifm Electronic GmbH
- Intel Corp
- LMI Technologies Inc
- Keyence Corp
- OMRON Corp
- Sick AG