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Proximity Sensor Market

Proximity Sensor Market Size, Share & Segment By Channel Type (Multi-Channel, Single Channel), By Products (Fixed Distance, Adjustable Distance), By Technology(Ultrasonic, Capacitive, Inductive, Magnetic, Photoelectric, Linear Variable Differential Transformer (LVDT), Force Sensor), By End-User (Aerospace And Defense, Industrial Manufacturing, Building Automation, Automotive, Consumer Electronics, Food And Beverage, Pharmaceutical, Construction, Energy, Manufacturing, Travel, Transport), and By Regions | Global Market Forecast 2022-2028

Report Id: SNS/SEMI/1379 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Proximity Sensor Market Size was valued at USD 27.97 billion in 2021, and expected to reach USD 44.62billion by 2028, and grow at a CAGR of 6.9% over the forecast period 2022-2028.

Proximity sensors are used to calculate the distance or proximity between a target object and a receiver. Various market proximity sensors are used to detect a wide range of materials and serve a wide range of functions. Defense, automotive, consumer electronics, aerospace, and other critical areas are among the end-user applications. A few programmes shrink the size to fit into smaller programmes. Depending on the application, proximity sensors may also appear. The expansion of the industrial and automotive industries stimulates the overall expansion of the proximity sensory industry.

Proximity Sensor Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • Wireless technologies

  • Automotive

  • Energy-saving lighting systems

RESTRAINTS: 

  • Obstacles that are too thin to reflect the sound

  • Sensors are costlier

OPPORTUNITIES: 

  • PLI scheme 

  • Sophisticated information and communication sector

CHALLENGES: 

  • Sound waves are easily affected

  • Designing of the proximity sensor is difficult

IMPACT OF COVID-19: 

COVID 19 has accelerated the growth of the proximity sensor market as more organisations seek alternative business strategies to continue their operations. Several companies have digitised business processes such as marketing, provisioning, manufacturing, and other management functions. The IT and telecom sectors are also becoming more digital as they develop. Government legislation restricting COVID 19 has encouraged the industrial sector to invest in R&D and advanced sensory technology. The epidemic has increased the use of work-from-home options, which has resulted in greater use of smart devices and mobile phones than ever before. Such features encourage the full development of the proximity sensor industry.

MARKET ESTIMATION:

BY TECHNOLOGY The introduction of touch-sensitive sensors can help minimise the technology's complexity to some level. This is the primary cause for the increased demand for sensory components like proximity sensors. Proximity Sensor uses technologies such as, Ultrasonic, Capacitive , Inductive , Magnetic , Photoelectric , Linear Variable Differential Transformer (LVDT) , Force Sensor and Other.

COMPETITIVE LANDSCAPE:

The key players in Proximity Sensor Market are Autonics Corporation, Balluff GmbH, Datalogic SpA, Delta Electronics Inc, Fargo Controls, Inc, Honeywell International Inc, Keyence Corporation, NXP Semiconductor, OMRON Corporation, Riko Opto-electronics Technology Co. Ltd, Rockwell Automation Inc, SICK AG, ST Microelectronics NV, Avago Technologies Inc, Panasonic Corporation , Balluff GmbH., Hans Turck GmbH & CO., KG, Pepperl + Fuchs GmbH, Honeywell International Inc and Other.

KEY MARKET SEGMENTATION:

BY CHANNEL TYPE

  • Multi-Channel

  • Single Channel

BY PRODUCTS

  • Fixed Distance

  • Adjustable Distance

BY TECHNOLOGIES

  • Ultrasonic

  • Capacitive

  • Inductive

  • Magnetic

  • Photoelectric

  • Linear Variable Differential Transformer (LVDT)

  • Force Sensor

BY END USERS

  • Aerospace and Defense

  • Industrial Manufacturing

  • Building Automation

  • Automotive

  • Consumer Electronics

  • Food and Beverage

  • Pharmaceutical

  • Construction

  • Energy

  • Manufacturing

  • Travel and Transport

Proximity Sensor Market Segment Pie Chart

REGIONAL ANALYSIS:

Due to the huge number of suppliers and manufacturers of neighbouring nerves in the region, China now holds market share in various locations. Sensors with external synchronisation, time delays, top-down process, workplace stability, self-examination, anti-distraction, and other intelligent features have been produced by Chinese sensor makers. Such factors contribute to the region's proximity sensor industry's overall growth. The increased demand for smartphones in North America, on the other hand, promises considerable prospects for the proximity sensor market in the region. Furthermore, the presence of important market participants in North America, such as Honeywell and Rockwell Automation, can boost the value of the proximity sensor market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Proximity Sensor Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 27.97 Billion
Market Size by 2028 US$ 44.62 Billion
CAGR CAGR of 6.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Channel Type (Multi-Channel, Single Channel)
• By Products (Fixed Distance, Adjustable Distance)
• By Technology(Ultrasonic, Capacitive, Inductive, Magnetic, Photoelectric, Linear Variable Differential Transformer (LVDT), Force Sensor)
• By End-User (Aerospace And Defense, Industrial Manufacturing, Building Automation, Automotive, Consumer Electronics, Food And Beverage, Pharmaceutical, Construction, Energy, Manufacturing, Travel, Transport)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Autonics Corporation, Balluff GmbH, Datalogic SpA, Delta Electronics Inc, Fargo Controls, Inc, Honeywell International Inc, Keyence Corporation, NXP Semiconductor, OMRON Corporation, Riko Opto-electronics Technology Co. Ltd
Key Drivers • Wireless technologies
• Automotive
• Energy-saving lighting systems
RESTRAINTS • Obstacles that are too thin to reflect the sound
• Sensors are costlier


Frequently Asked Questions (FAQ) :

The Proximity Sensor Market size was valued at 27.9 billion in 2021 at a CAGR of 6.9%.

Wireless technologies, Automotive and Energy-saving lighting systems are the drivers of the Proximity Sensor Market.

The key players in Proximity Sensor Market are Autonics Corporation, Balluff GmbH, Datalogic SpA, Delta Electronics Inc, Fargo Controls, Inc, Honeywell International Inc, Keyence Corporation, NXP Semiconductor, OMRON Corporation, Riko Opto-electronics Technology Co. Ltd, Rockwell Automation Inc, SICK AG, ST Microelectronics NV, Avago Technologies Inc, Panasonic Corporation , Balluff GmbH., Hans Turck GmbH & CO., KG. , Pepperl + Fuchs GmbH, Honeywell International Inc and Other.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4.Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5.Value Chain Analysis

 

6.Porter’s 5 forces model

 

7.PEST Analysis

 

8.Global Proximity Sensor Market Segmentation, by type

8.1Introduction

8.2 Multi-Channel

8.3 Single Channel

 

9.Global Proximity Sensor Market Segmentation, by products

9.1 Introduction

9.2 Fixed Distance

9.3 Adjustable Distance

 

10.Global Proximity Sensor Market Segmentation, By technologies

10.1 Introduction

10.2 Ultrasonic

10.3 Capacitive

10.4 Inductive

10.5 Magnetic

10.6 Photoelectric

10.7 Linear Variable Differential Transformer (LVDT)

10.8 Force Sensor

10.9 Other

 

11.Global Proximity Sensor Market Segmentation, By End-User

11.1 Introduction

11.2 Aerospace and Defense

11.3 Industrial Manufacturing

11.4 Building Automation

11.5 Automotive

11.6 Consumer Electronics

11.7 Food and Beverage

11.8 Pharmaceutical

11.9 Construction

11.10 Energy

11.11 Manufacturing

11.12 Travel and Transport

11.13 Other

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

 

13.Company Profiles

13.1 Honeywell International Inc.

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Autonics Corporation

13.3 Balluff GmbH

13.4 Datalogic SpA

13.5 Delta Electronics Inc

13.6 Fargo Controls, Inc

13.7 Honeywell International Inc

13.8 Keyence Corporation

13.9 NXP Semiconductor

13.10 OMRON Corporation

13.11 Riko Opto-electronics Technology Co. Ltd

13.12 Rockwell Automation Inc

13.13 SICK AG

13.14 ST Microelectronics NV

13.15 Avago Technologies Inc

13.16 Panasonic Corporation

13.17 Balluff GmbH.

13.18 Hans Turck GmbH & CO., KG.

13.19 Pepperl + Fuchs GmbH

13.20 Other

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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