Europe 3D Measurement Sensors in Logistics Market Forecast to 2028
Europe 3D Measurement Sensors in Logistics Market Forecast to 2028 – Regional Analysis – by Type (Image Sensors, Position Sensors, Acoustic Sensors, Others) and Technology (Stereo Vision, Structured Light, Laser Light, Others)
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Description
Growing Automation in Logistics Industry Fuel Europe 3D Measurement Sensors in Logistics Market
The logistics industry has grown tremendously due to the growing e-commerce industry. According to the International Air Transport Association, in 2021, 2.14 billion people shopped online, which is ~27.6% of the world’s population. Similarly, other countries are also registering tremendous growth in the logistics sector. In Europe, Germany is the largest logistics market offering easy access and transportation to over 500 million consumers. As Germany is the geographic center of Europe, it is an ideal location for logistics hubs and distribution centers in the region. The logistics industry of Germany serves ~82 million German population, 150 million consumers in its nine neighbouring countries, and nearly 500 million European residents. Therefore, the growing logistics worldwide is propelling the growth of the Europe 3D measurement sensors in logistics market.
Europe 3D Measurement Sensors in Logistics Market Overview
The 3D measurement sensors in logistics market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The automation of old warehouses or the construction of new automated warehouses is growing in Europe to increase productivity and capabilities. For instance, in November 2020, Henkel AG & Co. KGaA announced the opening of its fully automated Laundry & Home Care warehouse at its production facility in Spain. For this project, the company invested ~US$ 26.10 million (EUR 22 million) in its 24,000 square meter warehouse, which will be a major logistics hub for Southern Europe. The facility consists of three different areas, out of which the first area is fully automated with the capacity to store 21,000 pallets. The second area is the conventional area which can store up to 14,000 pallets. The third area is intended for largely automated picking and co-packing tasks and will have the capacity to move more than 7 million product units per year. Similarly, in February 2023, Helios Technologies, Inc., a global leader in highly engineered motion control and electronic controls technology, announced that it has opened a new automated warehouse at its operating company, Faster S.r.l., located in Italy. This advanced facility measures 2,100 square meters, has a capacity for 6,900 pallets, and can service up to 190 pallets per hour. The growing automation of warehouses is increasing the demand for autonomous solutions such as robots and 3D cameras in the region. This increasing demand is pushing market players to develop advanced solutions. In March 2023, Schmersal Group showcased a 3D camera for the automated acquisition of digital process data in real-time at the Hannover Messe 2023. This new AM-T100 is a Time-of-Flight (ToF) camera, which uses a Sony Depth Sense sensor to create 3D depth images with millimeter accuracy. The ToF technology provides a runtime measurement of emitted light pulses in the infrared range that is reflected from the objects being captured. This helps in the high-speed creation of a 3D image with millimeter accuracy available as a point cloud. Thus, growing warehouse automation and increasing innovation by the market players are propelling the growth of the 3D measurement sensors in logistics market in Europe.
Europe 3D Measurement Sensors in Logistics Market Revenue and Forecast to 2030 (US$ Million)
Europe 3D Measurement Sensors in Logistics Market Segmentation
The Europe 3D measurement sensors in logistics market is segmented into type, application, and country.
Based on type, the Europe 3D measurement sensors in logistics market is segmented into image sensors, position sensos, acoustic sensors, and others. The image sensors segment held a largest share of the Europe 3D measurement sensors in logistics market in 2022.
Based on application, the Europe 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 Europe 3D measurement sensors in logistics market in 2022.
Based on country, the Europe 3D measurement sensors in logistics market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. Germany dominated the Europe 3D measurement sensors in logistics market in 2022.
Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Cognex Corp, ifm Electronic GmbH, Intel Corp, Keyence Corp, OMRON Corp, and Sick AG are some of the leading companies operating in the Europe 3D measurement sensors in logistics market.
Summary Info
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According to Business Market Insights research, the Europe 3D measurement sensor in logistics market was valued at US$ 35.58 million in 2022 and is expected to reach US$ 71.47 million by 2030, registering a CAGR of 9.1% from 2022 to 2030. Increasing use of measurement sensors in logistics and growth of logistics industry are the critical factors attributed to the Europe 3D measurement sensor 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 growth of the Europe 3D measurement sensors in logistics market.
On the contrary, 3D measurement sensor issues hamper the Europe 3D measurement sensor in logistics market.
Based on type, the Europe 3D measurement sensor in logistics market is segmented into image sensors, position sensors, acoustic sensors, and others. The image sensors segment held 41.6% share of Europe 3D measurement sensor in logistics market in 2022, amassing US$ 14.79 million. It is projected to garner US$ 27.28 million by 2030 to expand at 7.9% CAGR during 2022-2030.
Based on technology, the Europe 3D measurement sensor in logistics market is segmented into stereo vision, structured light, laser light, and others. The structured light segment held 37.7% share of Europe 3D measurement sensor in logistics market in 2022, amassing US$ 13.43 million. It is projected to garner US$ 26.28 million by 2030 to expand at 8.8% CAGR during 2022-2030.
Based on country, the Europe 3D measurement sensor in logistics market has been categorized into the France, Germany, the UK, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 24.5% share of Europe 3D measurement sensor in logistics market in 2022. It was assessed at US$ 8.72 million in 2022 and is likely to hit US$ 18.87 million by 2030, exhibiting a CAGR of 10.1% during 2022-2030.
Key players operating in the Europe 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 Europe 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 Europe 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 Europe 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. Europe 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. Europe 3D measurement sensors in logistics market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Use of Measurement Sensors in Logistics
5.1.2 Growth of Logistics Industry
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. Europe 3D measurement sensors in logistics market – Europe Market Analysis
6.1 Europe 3D measurement sensors in logistics market Revenue (US$ Million), 2022 – 2030
7. Europe 3D measurement sensors in logistics market Analysis – Type
7.1 Image Sensors
7.1.1 Overview
7.1.2 Image Sensors Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Position Sensors
7.2.1 Overview
7.2.2 Position Sensors Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Acoustic Sensors
7.3.1 Overview
7.3.2 Acoustic Sensors Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
8. Europe 3D measurement sensors in logistics market Analysis – Technology
8.1 Stereo Vision
8.1.1 Overview
8.1.2 Stereo Vision Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Structured Light
8.2.1 Overview
8.2.2 Structured Light Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Laser Light
8.3.1 Overview
8.3.2 Laser Light Market Revenue and Forecasts To 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
9. Europe 3D measurement sensors in logistics market – Country Analysis
9.1 Overview
9.1.1 Europe 3D measurement sensors in logistics market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Germany Europe 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.1.1 Germany Europe 3D measurement sensors in logistics market Breakdown by Type
9.1.1.1.2 Germany Europe 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.2 France Europe 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 France Europe 3D measurement sensors in logistics market Breakdown by Type
9.1.1.2.2 France Europe 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.3 Italy Europe 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Italy Europe 3D measurement sensors in logistics market Breakdown by Type
9.1.1.3.2 Italy Europe 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.4 UK Europe 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 UK Europe 3D measurement sensors in logistics market Breakdown by Type
9.1.1.4.2 UK Europe 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.5 Russia Europe 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Russia Europe 3D measurement sensors in logistics market Breakdown by Type
9.1.1.5.2 Russia Europe 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.6 Rest of Europe 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.6.1 Rest of Europe 3D measurement sensors in logistics market Breakdown by Type
9.1.1.6.2 Rest of Europe 3D measurement sensors in logistics market Breakdown by Technology
10. Europe 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. Europe 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 Cognex 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 ifm Electronic GmbH
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 Intel Corp
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 Keyence 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 OMRON 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 Sick AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 SWOT Analysis
13.8.5 Key Developments
14. Appendix
14.1 Word Index
LIST OF TABLES
Table 1. Europe 3D measurement sensors in logistics market Segmentation
Table 2. Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 3. Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – Technology
Table 4. Europe 3D measurement sensors in logistics market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 5. Germany Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 6. Germany Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Technology
Table 7. France Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 8. France Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Technology
Table 9. Italy Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 10. Italy Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Technology
Table 11. UK Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 12. UK Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Technology
Table 13. Russia Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. Russia Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Technology
Table 15. Rest of Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 16. Rest of Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn) – By Technology
Table 17. Company Positioning & Concentration
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe 3D measurement sensors in logistics market Segmentation, By Country
Figure 2. Ecosystem: Europe 3D measurement sensors in logistics market
Figure 3. Europe 3D measurement sensors in logistics market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers And Restraints
Figure 5. Europe 3D measurement sensors in logistics market Revenue (US$ Million), 2022 & 2030
Figure 6. Europe 3D measurement sensors in logistics market Share (%) – Type, 2022 and 2030
Figure 7. Image Sensors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Position Sensors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Acoustic Sensors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Europe 3D measurement sensors in logistics market Share (%) – Technology, 2022 and 2030
Figure 12. Stereo Vision Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Structured Light Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Laser Light Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Europe 3D measurement sensors in logistics market by Key Country – Revenue (2022) (US$ Million)
Figure 17. Europe 3D measurement sensors in logistics market Revenue Share, by Country, (2022 & 2030)
Figure 18. Germany Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. France Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. Italy Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. UK Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Russia Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Rest of Europe 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Heat Map Analysis By Key Players
The List of Companies – Europe 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
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