Asia Pacific 3D Measurement Sensors in Logistics Market Forecast to 2030
Asia Pacific 3D Measurement Sensors in Logistics Market Forecast to 2030 – Regional Analysis – by Type (Image Sensors, Position Sensors, Acoustic Sensors, and Others) and Technology (Stereo Vision, Structured Light, Laser Light, and Others)
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Description
Growing Automation in Logistics Industry Fuel Asia Pacific 3D Measurement Sensors in Logistics Market
According to Analog Devices, Inc., global parcel shipments are expected to reach 220 billion by 2027, owing to the growing automation in the logistics and retail industry. Automation in logistics helps achieve efficiency and sustainability in the supply chain, along with satisfying consumer demand for faster delivery. It also enhances operational efficiency at the warehouse by providing real-time data through machine vision, asset tracking, data capture scanning, and object dimensioning. Further, it has been observed that the warehouse and distribution centers operate at only 80-85% efficiency. The automation at these centers can help reduce and resolve issues such as missorted products.
Various manufacturers are developing new technology and solutions as the demand for automation increases in the logistics industry. Analog Devices, Inc. offers 3D depth-sensing technology, which enables scanning, dimensioning, and asset tracking for transportation and logistics applications. The 3D ToF is a scannerless LIDAR that uses high-power optical pulses in durations of nanoseconds to capture depth information from a scene of interest. In addition, various other market players are developing innovative solutions. In May 2023, Vzense Technology Inc. introduced a 3D depth-sensing camera that can be used for inventory tracking. This camera uses infrared light to sense the distance between objects and help track the movement of objects in 3D space. Thus, all the above factors have surged the demand for automation in the logistics industry, which is expected to fuel the growth of the Asia Pacific 3D measurement sensors in logistics market during the forecast period.
Asia Pacific 3D Measurement Sensors in Logistics Market Overview
China dominated the Asia Pacific 3D measurement sensors in logistics market in 2022 with a share of 33.4%; it would continue to dominate the market during the forecast period and account for 37.3% share by 2030. India is the second-largest contributor to the Asia Pacific 3D measurement sensors in logistics market, followed by Rest of Asia Pacific.
The Asia Pacific 3D measurement sensors in logistics market in APAC is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The e-commerce market is witnessing tremendous growth in APAC. According to the International Air Transport Association (IATA), APAC leads the growth of the e-commerce market globally, with China accounting for a significant percentage of the growth. As per the International Trade Administration, the e-commerce market of China is the largest in the world and generates almost 50% of the world’s transactions. Similarly, the e-commerce market in other countries in APAC is also witnessing significant growth. For instance, according to the International Trade Administration, Australia ranks eleventh among the major e-commerce markets in the world and is expected to reach US$ 32.3 billion by 2024. According to the India Brand Equity Foundation (IBEF), the e-commerce market in India is expected to reach US$ 188 billion by 2025. Governments of countries in APAC are taking various initiatives to boost the growth of the e-commerce industry. For instance, to promote e-commerce usage and increase the trade of domestic products, the Indonesian government organizes a National Online Shopping Day (Harbolnas) every year. The implementation of Harbolnas has seen a significant increase in transaction volume in 2021, recording transactions totaling US$ 1.16 billion, an increase of 56% from 2020. Thus, the growth of the e-commerce market propels the logistics industry in the region. This growth in the logistics industry is expected to increase the demand for logistics automation, propelling the growth of the Asia Pacific 3D measurement sensors in logistics market in Asia Pacific.
Asia Pacific 3D Measurement Sensors in Logistics Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific 3D Measurement Sensors in Logistics Market Segmentation
The Asia Pacific 3D measurement sensors in logistics market is segmented into type, application, and country.
Based on type, the Asia Pacific 3D measurement sensors in logistics market is segmented into image sensors, position sensos, acoustic sensors, and others. The image sensors segment held the largest share of the Asia Pacific 3D measurement sensors in logistics market in 2022.
Based on application, the Asia Pacific 3D measurement sensors in logistics market is segmented into technology, stereo vision, structured light, laser light, and others. The structured light segment held the largest share of the Asia Pacific 3D measurement sensors in logistics market in 2022.
Based on country, the Asia Pacific 3D measurement sensors in logistics market is segmented into China, South Korea, Japan, Australia, India, and the Rest of Asia Pacific. China dominated the Asia Pacific 3D measurement sensors in logistics market in 2022.
Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Sony Semiconductor Solutions Corp, Cognex Corp, ifm Electronic GmbH, Intel Corp, Keyence Corp, OMRON Corp, and Sick AG are some of the leading companies operating in the Asia Pacific 3D measurement sensors in logistics market.
Summary Info
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According to Business Market Insights research, the Asia Pacific 3D measurement sensor in logistics market was valued at US$ 33.15 million in 2022 and is expected to reach US$ 74.58 million by 2030, registering a CAGR of 10.7% from 2022 to 2030. Increasing use of measurement sensors in logistics is the critical factor attributed to the growth of Asia Pacific 3D measurement sensor in logistics market.
Mobile robots are integrated with 3D sensors, lighting units, and depth processing units to calculate depth. The technology makes it easy to evaluate distance in a full scene. The rising need for real-time depth and visual information has surged the adoption of 3D measurement sensors in the logistics industry. Further, 3D sensing cameras can offer depth-sensing intelligence to automated guided vehicles and autonomous mobile robots in warehouse operations. The 3D sensing camera helps perceive the surroundings and capture depth imaging data, which further helps to accelerate business-critical functions with more accuracy, convenience, and speed. The camera provides various functions such as localization, mapping, navigation, obstacle avoidance, object detection, and odometry. Thus, due to all the above factors, the demand for 3D measurement sensors is increasing in the logistics industry. Further, various market players are offering 3D measurement sensors due to their rising deployment in robotics, particularly for palletization and depalletization, as they help in dimension measurement. LMI Technologies INC. offers Gocator 2490 sensors, particularly for packing and logistics operations. The Gocator 2490 sensor can be mounted on the robotic arm to scan the loaded pallet. It also provides precise positional coordinates to lift the box and place it on the outbound conveyor accurately. Thus, the rising need for 3D measurement sensors in autonomous mobile robots for accurate logistic operation is expected to fuel the growth of the Asia Pacific 3D measurement sensors in logistics market during the forecast period.
On the contrary, 3D measurement sensor issues hamper the Asia Pacific 3D measurement sensor in logistics market.
Based on type, the Asia Pacific 3D measurement sensor in logistics market is segmented into image sensors, position sensors, acoustic sensors, and others. The image sensors segment held 43.2% share of Asia Pacific 3D measurement sensor in logistics market in 2022, amassing US$ 14.34 million. It is projected to garner US$ 30.18 million by 2030 to expand at 9.8% CAGR during 2022-2030.
Based on technology, the Asia Pacific 3D measurement sensor in logistics market is segmented into stereo vision, structured light, laser light, and others. The structured light segment held 42.9% share of Asia Pacific 3D measurement sensor in logistics market in 2022, amassing US$ 14.23 million. It is projected to garner US$ 29.86 million by 2030 to expand at 9.7% CAGR during 2022-2030.
Based on country, the Asia Pacific 3D measurement sensor in logistics market has been categorized into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 33.4% share of Asia Pacific 3D measurement sensor in logistics market in 2022. It was assessed at US$ 11.07 million in 2022 and is likely to hit US$ 27.82 million by 2030, exhibiting a CAGR of 12.2% during 2022-2030.
Key players operating in the Asia Pacific 3D measurement sensor in logistics market are Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Sony Semiconductor Solutions Corp, Cognex Corp, ifm Electronic GmbH, Intel Corp, Keyence Corp, OMRON Corp, and Sick AG, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific 3D Measurement Sensors in Logistics Market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific 3D Measurement Sensors in Logistics Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Macro-Economic Factor Analysis
3.5 Developing Base Number
3.6 Data Triangulation
3.7 Country Level Data
3.8 Calculation Base and Assumptions
4. Asia Pacific 3D measurement sensors in logistics market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End Users:
5. Asia Pacific 3D measurement sensors in logistics market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Use of Measurement Sensors in Logistics
5.2 Market Restraints
5.2.1 3D Measurement Sensor Issues
5.3 Market Opportunities
5.3.1 Increasing Deployment of 3D Measurement Sensors in Autonomous Mobile Robots
5.4 Future Trends
5.4.1 Growing Automation in Logistics Industry
5.5 Impact of Drivers and Restraints:
6. Asia Pacific 3D measurement sensors in logistics market – Asia Pacific Market Analysis
6.1 Asia Pacific 3D measurement sensors in logistics market Revenue (US$ Million), 2022 – 2030
7. Asia Pacific 3D measurement sensors in logistics market Analysis – Type
7.1 Image Sensors
7.1.1 Overview
7.1.2 Image Sensors Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Position Sensors
7.2.1 Overview
7.2.2 Position Sensors Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Acoustic Sensors
7.3.1 Overview
7.3.2 Acoustic Sensors Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others 3D Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
8. Asia Pacific 3D measurement sensors in logistics market Analysis – Technology
8.1 Stereo Vision
8.1.1 Overview
8.1.2 Stereo Vision Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Structured Light
8.2.1 Overview
8.2.2 Structured Light Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Laser Light
8.3.1 Overview
8.3.2 Laser Light Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
9. Asia Pacific 3D measurement sensors in logistics market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts and Analysis – By Type
9.1.2 Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
9.1.2.1 Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts and Analysis – By Technology
9.1.3 Asia Pacific 3D measurement sensors in logistics market Breakdown by Countries
9.1.3.1 Australia Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.1.1 Australia Asia Pacific 3D measurement sensors in logistics market Breakdown by Type
9.1.3.1.2 Australia Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
9.1.3.2 China Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.2.1 China Asia Pacific 3D measurement sensors in logistics market Breakdown by Type
9.1.3.2.2 China Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
9.1.3.3 India Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.3.1 India Asia Pacific 3D measurement sensors in logistics market Breakdown by Type
9.1.3.3.2 India Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
9.1.3.4 Japan Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.4.1 Japan Asia Pacific 3D measurement sensors in logistics market Breakdown by Type
9.1.3.4.2 Japan Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
9.1.3.5 South Korea Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.5.1 South Korea Asia Pacific 3D measurement sensors in logistics market Breakdown by Type
9.1.3.5.2 South Korea Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
9.1.3.6 Rest of Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.6.1 Rest of Asia Pacific 3D measurement sensors in logistics market Breakdown by Type
9.1.3.6.2 Rest of Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology
10. Asia Pacific 3D measurement sensors in logistics market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration
12. Asia Pacific 3D measurement sensors in logistics market Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Micro-Epsilon Messtechnik GmbH & Co KG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Infineon Technologies AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Sony Semiconductor Solutions Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cognex Corp
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 ifm Electronic GmbH
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Intel Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Keyence Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 OMRON Corp
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sick AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 SWOT Analysis
13.9.5 Key Developments
14. Appendix
14.1 Word Index
LIST OF TABLES
Table 1. Asia Pacific 3D measurement sensors in logistics market Segmentation
Table 2. Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 3. Asia Pacific 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – Technology
Table 4. Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 5. Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 6. Asia Pacific 3D measurement sensors in logistics market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 7. Australia Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 8. Australia Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 9. China Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 10. China Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 11. India Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 12. India Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 13. Japan Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 14. Japan Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 15. South Korea Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 16. South Korea Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 17. Rest of Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 18. Rest of Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million) – Technology
Table 19. Company Positioning & Concentration
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific 3D measurement sensors in logistics market Segmentation, By Country
Figure 2. Ecosystem: Asia Pacific 3D measurement sensors in logistics market
Figure 3. Asia Pacific 3D measurement sensors in logistics market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers And Restraints
Figure 5. Asia Pacific 3D measurement sensors in logistics market Revenue (US$ Million), 2022 & 2030
Figure 6. Asia Pacific 3D measurement sensors in logistics market Share (%) – Type, 2022 and 2030
Figure 7. Image Sensors Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Position Sensors Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Acoustic Sensors Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Asia Pacific 3D measurement sensors in logistics market Share (%) – Technology, 2022 and 2030
Figure 12. Stereo Vision Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Structured Light Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Laser Light Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Others Measurement Sensor in Logistics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Asia Pacific 3D measurement sensors in logistics market by Key Country – Revenue (2022) (US$ Million)
Figure 17. Asia Pacific 3D measurement sensors in logistics market Breakdown by Type (2022 and 2023)
Figure 18. Asia Pacific 3D measurement sensors in logistics market Breakdown by Technology (2022 and 2023)
Figure 19. Asia Pacific 3D measurement sensors in logistics market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 20. Australia Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million)
Figure 21. China Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million)
Figure 22. India Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million)
Figure 23. Japan Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million)
Figure 24. South Korea Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million)
Figure 25. Rest of Asia Pacific 3D measurement sensors in logistics market Revenue And Forecasts To 2030 (US$ Million)
Figure 26. Heat Map Analysis By Key Players
The List of Companies – Asia Pacific 3D Measurement Sensors in Logistics Market
o Cognex Corp
o Ifm Electronic GmbH
o Infineon Technologies AG
o Intel Corp
o Keyence Corp
o Micro-Epsilon Messtechnik GmbH & Co KG
o OMRON Corp
o Sick AG
o Sony Semiconductor Solutions Corp
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