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Proximity and Displacement Sensors Market Size, Share & Industry Trends Analysis Report By Type (Inductive Sensor, Magnetic Sensor, Photoelectric Sensor, Ultrasonic Sensor, Capacitive Sensor, LVDT Sensor), By End User, By Regional Outlook and Forecast, 2023 - 2029

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    Report

  • 208 Pages
  • May 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5833621
Description Jump to:
The Global Proximity and Displacement Sensors Market size is expected to reach $12 billion by 2029, rising at a market growth of 9.3% CAGR during the forecast period.

The adoption of Ultrasonic sensor is growing in the market due to the increased demand for ultrasonic sensors in the miniaturization of commercially accessible technologies, together with expansion in integration. Since practically all surfaces reflect sound waves, this approach is unaffected by the detecting target’s material, color, and surface structure. It performs well in unclean situations. Hence, the ultrasonic sensors are expected to attain approximately 1/5thshare of the market by 2029. Some of the factors impacting the market are Increase in the factory process automation trend, expanding smart homes industry, and the need for high investment.



Skilled labor has long been essential to the manufacturing sector, but this trend is changing. The merger of the physical and digital worlds has resulted in the most significant development in the vertical. Hence, the market is being driven by manufacturers searching for factory automation solutions as the best choice, particularly where manufacturing processes need to be repeatable and have strict quality standards. Smart home systems require a web portal or a smartphone application as a user interface to communicate with an automated system, in contrast to simple home automation solutions (which could range from motorized garage doors to automated security systems). As a result, proximity and displacement sensors will increase along with the adoption of smart homes, fueling the market growth.

However, the significant initial expenditure required to deploy integrated systems will likely hinder the market's expansion. In addition, because the deployment of the technology necessitates the involvement of highly trained specialists, the customer will incur higher costs for the service. This is predicted to impede growth, particularly in price-sensitive industries.

Type Outlook

Based on type, the market is segmented into inductive sensor, photoelectric sensor, capacitive sensor, ultrasonic sensor, magnetic sensor, LVDT sensor and others. The inductive sensor segment dominated the market with maximum revenue share in 2022. This is owing to the fact that these sensors are hardly ever affected by temperature variations and outside pollutants like dirt and water. Moreover, the influence is negated by using many receiver coils to estimate location and distance using the ratio of received signals.

End-user Outlook

On the basis of end user, the market is divided into automotive, healthcare, manufacturing, food and beverage and others. The automotive segment garnered a remarkable growth rate in the market in 2022. This is because of the rising demand for contactless sensing technology and consumer adoption of sensor-integrated automotive security. Proximity sensors are used in the automotive industry to detect when a vehicle is getting too close to an item. The expansion is expected to be pushed by the growing usage of proximity sensors due to the increased development of autonomous vehicles.



Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed the largest revenue share in the market in 2022. The growth of the automotive and consumer electronics manufacturing industries, particularly in developing nations, is a major factor affecting the rise of the target market in the region. Additionally, many businesses are moving their manufacturing operations to regions with affordable labor. Due to the rising manufacturing in APAC, the labor costs in these regions are significantly lower than in other regions, causing the market to rise.



The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Keyence Corporation, Panasonic Holdings Corporation, Kaman Corporation, Standex International Corporation, Luna Innovations, Incorporated, Pepperl + Fuchs Group, IFM Electronics GmbH, Hans Turck GmbH & Co. KG and Lion Precision (Carlisle Companies Inc.).

Scope of the Study

By Type

  • Inductive Sensor
  • Magnetic Sensor
  • Photoelectric Sensor
  • Ultrasonic Sensor
  • Capacitive Sensor
  • LVDT Sensor
  • Others

By End-user

  • Manufacturing
  • Food & Beverages
  • Automotive
  • Healthcare
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Omron Corporation
  • Keyence Corporation
  • Panasonic Holdings Corporation
  • Kaman Corporation
  • Standex International Corporation
  • Luna Innovations, Incorporated
  • Pepperl + Fuchs Group
  • IFM Electronics GmbH
  • Hans Turck GmbH & Co. KG
  • Lion Precision (Carlisle Companies Inc.)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Proximity and Displacement Sensors Market, by Type
1.4.2 Global Proximity and Displacement Sensors Market, by End-user
1.4.3 Global Proximity and Displacement Sensors Market, by Geography
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Strategies Deployed in Proximity and Displacement Sensors Market
Chapter 4. Global Proximity and Displacement Sensors Market by Type
4.1 Global Inductive Sensor Market by Region
4.2 Global Magnetic Sensor Market by Region
4.3 Global Photoelectric Sensor Market by Region
4.4 Global Ultrasonic Sensor Market by Region
4.5 Global Capacitive Sensor Market by Region
4.6 Global LVDT Sensor Market by Region
4.7 Global Others Market by Region
Chapter 5. Global Proximity and Displacement Sensors Market by End-user
5.1 Global Manufacturing Market by Region
5.2 Global Food & Beverages Market by Region
5.3 Global Automotive Market by Region
5.4 Global Healthcare Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Proximity and Displacement Sensors Market by Region
6.1 North America Proximity and Displacement Sensors Market
6.1.1 North America Proximity and Displacement Sensors Market by Type
6.1.1.1 North America Inductive Sensor Market by Country
6.1.1.2 North America Magnetic Sensor Market by Country
6.1.1.3 North America Photoelectric Sensor Market by Country
6.1.1.4 North America Ultrasonic Sensor Market by Country
6.1.1.5 North America Capacitive Sensor Market by Country
6.1.1.6 North America LVDT Sensor Market by Country
6.1.1.7 North America Others Market by Country
6.1.2 North America Proximity and Displacement Sensors Market by End-user
6.1.2.1 North America Manufacturing Market by Country
6.1.2.2 North America Food & Beverages Market by Country
6.1.2.3 North America Automotive Market by Country
6.1.2.4 North America Healthcare Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Proximity and Displacement Sensors Market by Country
6.1.3.1 US Proximity and Displacement Sensors Market
6.1.3.1.1 US Proximity and Displacement Sensors Market by Type
6.1.3.1.2 US Proximity and Displacement Sensors Market by End-user
6.1.3.2 Canada Proximity and Displacement Sensors Market
6.1.3.2.1 Canada Proximity and Displacement Sensors Market by Type
6.1.3.2.2 Canada Proximity and Displacement Sensors Market by End-user
6.1.3.3 Mexico Proximity and Displacement Sensors Market
6.1.3.3.1 Mexico Proximity and Displacement Sensors Market by Type
6.1.3.3.2 Mexico Proximity and Displacement Sensors Market by End-user
6.1.3.4 Rest of North America Proximity and Displacement Sensors Market
6.1.3.4.1 Rest of North America Proximity and Displacement Sensors Market by Type
6.1.3.4.2 Rest of North America Proximity and Displacement Sensors Market by End-user
6.2 Europe Proximity and Displacement Sensors Market
6.2.1 Europe Proximity and Displacement Sensors Market by Type
6.2.1.1 Europe Inductive Sensor Market by Country
6.2.1.2 Europe Magnetic Sensor Market by Country
6.2.1.3 Europe Photoelectric Sensor Market by Country
6.2.1.4 Europe Ultrasonic Sensor Market by Country
6.2.1.5 Europe Capacitive Sensor Market by Country
6.2.1.6 Europe LVDT Sensor Market by Country
6.2.1.7 Europe Others Market by Country
6.2.2 Europe Proximity and Displacement Sensors Market by End-user
6.2.2.1 Europe Manufacturing Market by Country
6.2.2.2 Europe Food & Beverages Market by Country
6.2.2.3 Europe Automotive Market by Country
6.2.2.4 Europe Healthcare Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Proximity and Displacement Sensors Market by Country
6.2.3.1 Germany Proximity and Displacement Sensors Market
6.2.3.1.1 Germany Proximity and Displacement Sensors Market by Type
6.2.3.1.2 Germany Proximity and Displacement Sensors Market by End-user
6.2.3.2 UK Proximity and Displacement Sensors Market
6.2.3.2.1 UK Proximity and Displacement Sensors Market by Type
6.2.3.2.2 UK Proximity and Displacement Sensors Market by End-user
6.2.3.3 France Proximity and Displacement Sensors Market
6.2.3.3.1 France Proximity and Displacement Sensors Market by Type
6.2.3.3.2 France Proximity and Displacement Sensors Market by End-user
6.2.3.4 Russia Proximity and Displacement Sensors Market
6.2.3.4.1 Russia Proximity and Displacement Sensors Market by Type
6.2.3.4.2 Russia Proximity and Displacement Sensors Market by End-user
6.2.3.5 Spain Proximity and Displacement Sensors Market
6.2.3.5.1 Spain Proximity and Displacement Sensors Market by Type
6.2.3.5.2 Spain Proximity and Displacement Sensors Market by End-user
6.2.3.6 Italy Proximity and Displacement Sensors Market
6.2.3.6.1 Italy Proximity and Displacement Sensors Market by Type
6.2.3.6.2 Italy Proximity and Displacement Sensors Market by End-user
6.2.3.7 Rest of Europe Proximity and Displacement Sensors Market
6.2.3.7.1 Rest of Europe Proximity and Displacement Sensors Market by Type
6.2.3.7.2 Rest of Europe Proximity and Displacement Sensors Market by End-user
6.3 Asia Pacific Proximity and Displacement Sensors Market
6.3.1 Asia Pacific Proximity and Displacement Sensors Market by Type
6.3.1.1 Asia Pacific Inductive Sensor Market by Country
6.3.1.2 Asia Pacific Magnetic Sensor Market by Country
6.3.1.3 Asia Pacific Photoelectric Sensor Market by Country
6.3.1.4 Asia Pacific Ultrasonic Sensor Market by Country
6.3.1.5 Asia Pacific Capacitive Sensor Market by Country
6.3.1.6 Asia Pacific LVDT Sensor Market by Country
6.3.1.7 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Proximity and Displacement Sensors Market by End-user
6.3.2.1 Asia Pacific Manufacturing Market by Country
6.3.2.2 Asia Pacific Food & Beverages Market by Country
6.3.2.3 Asia Pacific Automotive Market by Country
6.3.2.4 Asia Pacific Healthcare Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Proximity and Displacement Sensors Market by Country
6.3.3.1 China Proximity and Displacement Sensors Market
6.3.3.1.1 China Proximity and Displacement Sensors Market by Type
6.3.3.1.2 China Proximity and Displacement Sensors Market by End-user
6.3.3.2 Japan Proximity and Displacement Sensors Market
6.3.3.2.1 Japan Proximity and Displacement Sensors Market by Type
6.3.3.2.2 Japan Proximity and Displacement Sensors Market by End-user
6.3.3.3 India Proximity and Displacement Sensors Market
6.3.3.3.1 India Proximity and Displacement Sensors Market by Type
6.3.3.3.2 India Proximity and Displacement Sensors Market by End-user
6.3.3.4 South Korea Proximity and Displacement Sensors Market
6.3.3.4.1 South Korea Proximity and Displacement Sensors Market by Type
6.3.3.4.2 South Korea Proximity and Displacement Sensors Market by End-user
6.3.3.5 Singapore Proximity and Displacement Sensors Market
6.3.3.5.1 Singapore Proximity and Displacement Sensors Market by Type
6.3.3.5.2 Singapore Proximity and Displacement Sensors Market by End-user
6.3.3.6 Malaysia Proximity and Displacement Sensors Market
6.3.3.6.1 Malaysia Proximity and Displacement Sensors Market by Type
6.3.3.6.2 Malaysia Proximity and Displacement Sensors Market by End-user
6.3.3.7 Rest of Asia Pacific Proximity and Displacement Sensors Market
6.3.3.7.1 Rest of Asia Pacific Proximity and Displacement Sensors Market by Type
6.3.3.7.2 Rest of Asia Pacific Proximity and Displacement Sensors Market by End-user
6.4 LAMEA Proximity and Displacement Sensors Market
6.4.1 LAMEA Proximity and Displacement Sensors Market by Type
6.4.1.1 LAMEA Inductive Sensor Market by Country
6.4.1.2 LAMEA Magnetic Sensor Market by Country
6.4.1.3 LAMEA Photoelectric Sensor Market by Country
6.4.1.4 LAMEA Ultrasonic Sensor Market by Country
6.4.1.5 LAMEA Capacitive Sensor Market by Country
6.4.1.6 LAMEA LVDT Sensor Market by Country
6.4.1.7 LAMEA Others Market by Country
6.4.2 LAMEA Proximity and Displacement Sensors Market by End-user
6.4.2.1 LAMEA Manufacturing Market by Country
6.4.2.2 LAMEA Food & Beverages Market by Country
6.4.2.3 LAMEA Automotive Market by Country
6.4.2.4 LAMEA Healthcare Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Proximity and Displacement Sensors Market by Country
6.4.3.1 Brazil Proximity and Displacement Sensors Market
6.4.3.1.1 Brazil Proximity and Displacement Sensors Market by Type
6.4.3.1.2 Brazil Proximity and Displacement Sensors Market by End-user
6.4.3.2 Argentina Proximity and Displacement Sensors Market
6.4.3.2.1 Argentina Proximity and Displacement Sensors Market by Type
6.4.3.2.2 Argentina Proximity and Displacement Sensors Market by End-user
6.4.3.3 UAE Proximity and Displacement Sensors Market
6.4.3.3.1 UAE Proximity and Displacement Sensors Market by Type
6.4.3.3.2 UAE Proximity and Displacement Sensors Market by End-user
6.4.3.4 Saudi Arabia Proximity and Displacement Sensors Market
6.4.3.4.1 Saudi Arabia Proximity and Displacement Sensors Market by Type
6.4.3.4.2 Saudi Arabia Proximity and Displacement Sensors Market by End-user
6.4.3.5 South Africa Proximity and Displacement Sensors Market
6.4.3.5.1 South Africa Proximity and Displacement Sensors Market by Type
6.4.3.5.2 South Africa Proximity and Displacement Sensors Market by End-user
6.4.3.6 Nigeria Proximity and Displacement Sensors Market
6.4.3.6.1 Nigeria Proximity and Displacement Sensors Market by Type
6.4.3.6.2 Nigeria Proximity and Displacement Sensors Market by End-user
6.4.3.7 Rest of LAMEA Proximity and Displacement Sensors Market
6.4.3.7.1 Rest of LAMEA Proximity and Displacement Sensors Market by Type
6.4.3.7.2 Rest of LAMEA Proximity and Displacement Sensors Market by End-user
Chapter 7. Company Profiles
7.1 Omron Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments
7.1.5.1 Product launches and product Expansions
7.1.6 SWOT Analysis
7.2 Keyence Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent Strategies and Developments
7.2.5.1 Product Launches and Product Expansions
7.2.6 SWOT Analysis
7.3 Panasonic Holdings Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Kaman Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent Strategies and Developments
7.4.5.1 Product Launches and Product Expansions
7.5 Standex International Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent Strategies and Developments
7.5.5.1 Acquisition and Mergers
7.6 Luna Innovations, Incorporated
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.7 Pepperl + Fuchs Group
7.7.1 Company Overview
7.7.2 Recent Strategies and Developments
7.7.2.1 Product Launches and Product Expansions
7.7.2.2 Acquisition and Mergers
7.8 IFM Electronics GmbH
7.8.1 Company Overview
7.9 Hans Turck GmbH & Co. KG
7.9.1 Company Overview
7.9.2 Recent Strategies and Developments
7.9.2.1 Product Launches and Product Expansions
7.10. Lion Precision (Carlisle Companies Inc.)
7.10.1 Company Overview

Companies Mentioned

  • Omron Corporation
  • Keyence Corporation
  • Panasonic Holdings Corporation
  • Kaman Corporation
  • Standex International Corporation
  • Luna Innovations, Incorporated
  • Pepperl + Fuchs Group
  • IFM Electronics GmbH
  • Hans Turck GmbH & Co. KG
  • Lion Precision (Carlisle Companies Inc.)

Methodology

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