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Published Date: 2017-10-19Number of Pages: 170

Proximity Sensors Market (Product Type - Fixed Distance, Adjustable Distance; End-Use Industry - Automotive, Consumer Electronics, Food & Beverages, Industrial Manufacturing, Pharmaceuticals, Defense & Aerospace; Technology - Inductive, Capacitive, Infrared, Time of Flight) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Protective navigation and accurate detection of the surrounding objects has led manufacturers to integrate proximity sensor devices in vehicles. Adoption of the proximity sensors in the vehicles indicates the driver before clashing into surrounding objects. Growing preference for accurate detection of surrounding objects in vehicles is expected to rev up demand for proximity sensor devices in the automotive industry. Attributed to features such as pulse oximetry, proximity sensors also witness considerable demand in the healthcare industry. In addition, the proximity sensors also witness robust demand in the electronic industry attributed to increasing demand for enhanced user interactive experience.

proximity sensors market

Transparency Market Research projects that the global proximity sensors market is expected to represent a value of US$ 3,000 Mn by the end of 2022.

Market Taxonomy

 Region

 Product Type

 End-Use Industry

 Technology

 North America

 Fixed Distance

 Automotive

 Inductive

 Latin America 

 Adjustable Distance

 Consumer Electronics

 Capacitive

 Europe

 

 Food & Beverages

 Infrared

 Japan

 

 Industrial Manufacturing

 Time of Flight

 APEJ

 

 Pharmaceuticals

 

 MEA

 

 Defense & Aerospace

 

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Significant Adoption in the Automotive Industry

As detection of collisions in vehicles continues to gain importance, manufacturers turn their focus on equipping the vehicles with proximity sensors. Attributed to electromagnetic and ultrasonic features, the vehicles can park their vehicles conveniently and safely. In addition, integration of the proximity sensor devices further indicate when the vehicles are not locked properly. Manufacturers in the automotive industry are further integrating the proximity sensors in the keys and door handles in order to offer convenience to the end users while opening the car.

Shipping Industry to Fuel Adoption

Safe transport of the commercial goods and commodities has led to a surge in adoption of proximity sensors among the manufacturers of the ships and submarines. In addition, growing need for tracking the shipping routes and control traffic in order to prevent collisions has led to an upsurge in adoption of proximity sensors. Attributed to features such as sound navigation and electromagnetic radiation, the proximity sensors indicate the presence of surrounding objects near the ship and submarines. These indications enable the end users to divert from the obstruction and safely sail towards the destination.

Aviation Industry to Impact Market Growth

Prevention of false reading in the aviation industry enables the aircrafts to reduce the maintenance cost and enhances performance. Growing need to prevent false reading continues to rev up demand for the proximity sensors in the aviation industry. Manufacturers mainly in the aviation industry are increasingly integrating proximity sensors in the thrust reverser actuation system, landing gears, doors and flight controls. Integration of the proximity sensors enable the end users to prevent unprecedented accidents attributed to electromagnetic features.

Considerable Adoption in the Healthcare Industry

Adoption of the proximity sensors also extends to the healthcare industry globally. With the developing medical technology, manufacturers are increasingly adopting the sensor system solution in the medical devices. Attributed to the pulse oximetry features, the medical devices can conveniently conduct the photoplethysmography procedure to detect the heart rate. Manufacturers also equip blood pressure monitors, ECG/KCG monitors and glucose monitors with the proximity sensors in order to enhance the treatment process.

Adoption in Electronic Industry to Increase

A recent trend of integrating the proximity sensor devices among the manufacturers in the electronic industry has been witnessed. In an attempt to enhance interactions with the end user in the electronic industry, the manufacturers are focusing on integrating sensors in various electronic devices. This enables the end users to enhance interactions and save the battery power. Electronic door locks, laptops, televisions and smartphones are a few electronic products that are equipped with proximity sensors. Such factors are expected to impact growth of the global proximity sensors market positively during the forecast period.

Inductive Technology to Represent a Leading Segment

With the growing need for detecting objects and hindrances while driving the vehicles is expected to fuel demand for the fixed distance products. On the basis of product type, the fixed distance segment is expected to witness the highest revenue growth, accounting for a value of over US$ 600 Mn by the end of 2022. However, the adjustable distance products is expected to register the highest CAGR in the global proximity sensors market during the forecast period.

Based on the end use industry, the industrial manufacturing segment is expected to witness significant revenue growth, recording a value of over US$ 200 Mn by the end of 2022. The industrial manufacturing segment and defense & aerospace segment is expected to register the highest CAGR in the global market throughout 2022.

By technology, the inductive segment is expected to witness the highest revenue growth, accounting for a value of over US$ 200 Mn by the end of 2017. On the other hand, the infrared technology segment is expected to register the highest CAGR in the global market throughout 2022.

Competitive Tracking

Leading market players in the global proximity sensors market include Broadcom Limited, IFM Electronic GmbH, Schneider Electric SE, Panasonic Corporation, Hans Turck GmbH & Co., KG, Rockwell Automation, Inc., OMRON Corp., Honeywell International Inc., Fargo Controls, Inc. and AMETEK, Inc.

Global Proximity Sensors Market: Overview

Increasing demand for accurate detection of the hindrances in vehicles has led to an upsurge in adoption of the proximity sensors globally. Manufacturers in the automotive industry are increasingly integrating the proximity sensors in the doors of the vehicle in order to enable quick access in the vehicles. Adoption of the proximity sensors is also expected to rev up in the aviation industry attributed to electromagnetic and ultrasound features.

Global Proximity Sensors Market: Market Players

The report provides an in-depth insight on various important aspects of the global proximity sensors market while providing critical analysis on the competitive landscape, important segments in the market, growth patterns and factors fuelling growth of the global market. According to the report, the global proximity sensors market is expected to reflect an impressive growth attributed to increasing demand in the healthcare industry, automotive industry and aviation industry.

Growth of the global proximity sensors market is mainly bound to various macro-economic and micro-economic factors. The report reveals that the global proximity sensors market is mainly driven by growing need for accurate detection in the vehicles in order to prevent collisions is expected to impact growth of the global market positively. Growing need for safely parking vehicles has led to a surge in adoption of proximity sensors in the automotive industry. Increasing demand for safe transportation of the commercial goods and commodities in the global market has led to manufacturers in the shipping industry to integrate proximity sensors in ships and submarines.

Moreover, growing need to monitor the routes in the aviation and shipping industry continues to fuel sales of the proximity sensors. Attributed to the electromagnetic and ultrasound features has led the manufacturers in the aviation and shipping industry to rev up demand for the proximity sensors globally. Significant adoption of the proximity sensors is expected to contribute towards growth of the global proximity sensors market positively.

Proximity sensors further continue to witness continue to witness considerable demand in the electronic industry. In an attempt to offer enhanced user interactive features, manufacturers in the electronic industry are increasingly integrating proximity sensors. Integration of proximity sensors in the electronic industry enables the end users to operate the electronic devices conveniently. These factors are expected to contribute towards growth of the global proximity sensors market.

Besides the shipping, electronic and aviation industry, growth of the global market is expected to be bound by the surge in demand for enhanced medical devices. Attributed to pulse oximetry features, manufacturers are increasingly embedding the proximity sensors in the medical devices. Pulse oximetry features enable the heart rate monitors to perform the photoplethysmography procedure conveniently. Medical devices such as glucose monitors, ECG/KCG monitors and blood pressure monitors are also integrated with the proximity sensors. These factors are expected to contribute towards growth of the global proximity sensors significantly. Further, unprecedented weather conditions is likely to inhibit the operations of the proximity sensors. Bound to these factors, the global proximity sensors market is expected to witness significant growth.

Global Proximity Sensors Market: Segmentation

The global proximity sensors market is expected to be segmented on the basis of product type, technology and end use industry. On the basis of the product type, the global market is segmented as fixed distance and adjustable distance. By end use industry, the global market is segmented as automotive, consumer electronics, food & beverages, industrial manufacturing, pharmaceuticals and defense & aerospace. Based on technology, the global market is segmented as inductive, capacitive, infrared and time of flight.

Global Proximity Sensors Market: Key Players

Market players in the global market of proximity sensors include Broadcom Limited, IFM Electronic GmbH, Schneider Electric SE, Panasonic Corporation, Hans Turck GmbH & Co., KG, Rockwell Automation, Inc., OMRON Corp., Honeywell International Inc., Fargo Controls, Inc., and AMETEK, Inc.


 
 
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