ToF Laser Distance Sensors Market size was valued at US$ 567 million in 2024 and is projected to reach US$ 1.02 billion by 2032, at a CAGR of 7.6% during the forecast period 2025-2032
Report Studies
• The global ToF Laser Distance Sensors Market size was valued at US$ 567 million in 2024 and is projected to reach US$ 1.02 billion by 2032, at a CAGR of 7.6% during the forecast period 2025-2032. The U.S. market accounted for 28% of global revenue in 2024, while China’s market is expected to grow at a faster CAGR of 11.2% through 2032.
• ToF (Time of Flight) laser distance sensors are advanced optical measurement devices that calculate distance by measuring the time taken for a laser pulse to reflect off a target object and return to the sensor. These precision instruments are categorized into short (0.012-2.16m), medium (0.012-3.60m), and long distance (0.01-5.00m) variants, serving critical applications in industrial automation, robotics, and emerging technologies like autonomous vehicles.
By Type:
• The market is segmented based on type into:
• Short Distance (0.012-2.16m)
• Medium Distance (0.012-3.60m)
• Long Distance (0.01-5.00m)
By Application:
• Baumer Group (Switzerland)
• Wenglor Sensoric GmbH (Germany)
• Banner Engineering (U.S.)
• Balluff Group (Germany)
• Teledyne Technologies (U.S.)
• Melexis NV (Belgium)
• Broadcom Inc. (U.S.)
• PMD Technologies AG (Germany)
• Beijing Benewake (China)
Key Players:
Baumer Group (Switzerland)
Wenglor Sensoric GmbH (Germany)
Banner Engineering (U.S.)
Balluff Group (Germany)
Teledyne Technologies (U.S.)
Melexis NV (Belgium)
Broadcom Inc. (U.S.)
PMD Technologies AG (Germany)
Beijing Benewake (China)
