Latin America Laser Sensor Market Size & Outlook
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Latin America laser sensor market highlights
- The Latin America laser sensor market generated a revenue of USD 52.5 million in 2024.
- The market is expected to grow at a CAGR of 13.2% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 52.5 million |
| Market revenue in 2030 | USD 106.8 million |
| Growth rate | 13.2% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Keyence Corp, Banner Health, SICK, Inc, Rockwell Automation Inc, OMRON Corp, Baumer, Panasonic Holdings Corp, Schneider Electric SE, Leuze electronic AG, Schmitt Industries |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global laser sensor market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 688.9 million by 2030.
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Laser Sensor Market Scope
Laser Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schmitt Industries | View profile | 11-50 | Portland, Oregon, United States, North America | http://www.schmitt-ind.com/ |
| Leuze electronic AG | View profile | 1-10 | Flurlingen, Schaffhausen, Switzerland, Europe | https://www.leuze.com/de/schweiz/ |
| Baumer | View profile | 101-250 | Konstanz, Baden-Wurttemberg, Germany, Europe | http://www.baumerinspection.com |
| SICK, Inc | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | https://www.sick.com/us/en/ |
| Banner Health | View profile | 10001+ | Phoenix, Arizona, United States, North America | https://www.bannerhealth.com |
| Keyence Corp | View profile | 10580 | 1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, Japan, 533-8555 | http://www.keyence.co.jp |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| OMRON Corp | View profile | 28034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | http://www.omron.co.jp |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Latin America laser sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser sensor market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 70.1% in 2024. Horizon Databook has segmented the Latin America laser sensor market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of laser sensor market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America laser sensor market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America laser sensor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America laser sensor market size, by country, 2018-2030 (US$M)
Latin America Laser Sensor Market Outlook Share, 2024 & 2030 (US$M)
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