Technavio, a market research leader in the area of Hardware, recently published its report, Global Photoelectric Sensor Market 2010-2014. London, UK, December 12, 2011 -- Technavio, a market research leader in the area of Hardware, recently published its report, Global Photoelectric Sensor Market 2010-2014. The report covers the Americas and the EMEA and APAC regions, It discusses the current and future landscape of this market. The report is based on an in-depth study of the market with inputs from key industry participants. In addition to profiling key vendors, the report discusses the important drivers, trends, and challenges for the industry.
TechNavio’s report highlights that enterprises can suffer delays in launching and delivering their products on time because of delays in product manufacturing and packaging processes. With efficient photoelectric sensors in place, the time required for product delivery can be drastically reduced by enabling easy counting and packaging of manufactured products.
Commenting on the report, an analyst from TechNavio’s Hardware team said, "The Global Photoelectric Sensor market is witnessing increasing competition among vendors that are seeking more market share. As a result, many vendors are reducing the price of photoelectric sensors. Sensor vendors are also facing increased competition from counterfeit sensor vendors because of a lack of product differentiation."
Key findings from the report:
• Need for Easy Inspection of the Quality of Products
• Growing Need to Reduce the Time-to-Market of Products
• Need for Increased Industrial Security
TechNavio is the market research platform of Infiniti Research publishing periodic reports on multiple areas of niche and emerging technologies. For further information, please visit http://www.technavio.com/content/global-photoelectric-sensor-market-2010-2014. Follow us on Twitter @Technavio for daily industry updates.
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Ludmila Berkesova
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Technavio
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