Global Proximity - Displacement Sensors Market, By Type (Inductive, Photoelectric, Capacitive, Ultra

Published Date: | Report Code : IT1958410


A Proximity-Displacement Sensor is generally used to measure the displacement of an object of interest from one point to another without manually touching it. These sensors are widely used in many applications as they are durable in adverse conditions such as high temperature and pressure.

Segment Analysis

The global proximity displacement sensors market is segmented on the basis of type, application, end-user.

On the basis of type, it is segmented into inductive, photoelectric, capacitive, ultrasonic, magnetic, and  LVDT. The photoelectric market is majorly used in a variety of industries as these sensors are capable of sensing the presence, color, distance, size, shape and many more attributes of the target object.

By applications, it is segmented into parking, ground proximity warning, vibration monitoring-measurement, anti-aircraft warfare, roller coasters, conveyer system, mobile devices, and assembly line testing. There has been an increase in the demand for proximity displacement sensors in the parking segment owing to the growing concern about vehicle safety.

On the basis, it is segregated into automotive, pharmaceuticals, food-beverage, pulp-paper, elevators-escalators, manufacturing and metals-mining industry. The growth of the automobile sector and the increasing disposable income of people, has also positively impacted the proximity displacement sensor market.

Key Factors Impacting Market Growth:
    • Rising demand for contactless sensing Application
    • Increasing usage of these proximity sensor integrated automotive security in automobiles
    • Growing awareness among the consumers towards rationalization for optimum energy consumption

Regional Analysis:

By region, the proximity displacement sensor market has been segmented in North America, Europe, Asia Pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. 

Western Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for proximity displacement sensor market.Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for the proximity displacement sensor market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Companies Covered: Eaton Corporation, OMRON Corporation, Honeywell International Inc., Panasonic Corporation, Pepperl+Fuchs, Standex Electronics GmbH, and Sharp Corporation.

Market Segmentation:
By Type:
    • Inductive
    • Photoelectric
    • Capacitive
    • Ultrasonic
    • Magnetic
    • LVDT

By Application:
    • Parking
    • Ground Proximity Warning
    • Vibration Monitoring-Measurement
    • Anti-Aircraft Warfare
    • Roller Coasters
    • Conveyer System
    • Mobile Devices
    • Assembly Line Testing

By End User: 
    • Automotive
    • Pharmaceuticals
    • Food-Beverage
    • Pulp-Paper
    • Elevators-Escalators
    • Manufacturing
    • Metals-Mining Industry

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application
        ◦ By End User
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Application
        ◦ By End User
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Application
        ◦ By End User
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Application
        ◦ By End User
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
        ◦ By Type
        ◦ By Application
        ◦ By End User
    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Type
        ◦ By Application
        ◦ By End User

Reasons to Buy This Report:
    • Market size estimation of the  global proximity displacement sensor market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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