Ultrasound Sensors Market

Ultrasound Sensors Market: Snapshot

The ultrasound sensors are dependent on the properties of acoustic waves coming from the objects, which have frequency range above the normal human audible range (near about 40kHz). These sensors work at high frequency sound waves, where the properties of the echo pulse are evaluated and then processed. They are known as ultrasonic sensors as well. Ultrasonic sensors are used to measure the distance, navigate, or alert about an obstacle leveraging sound waves. They are easy to handle and cost-effective solutions for the above mentioned issues.

The global ultrasound sensors market is classified on the basis of application, region, and product type. As per the product, market is segregated into ultrasonic proximity sensors, ultrasound sensors market, ultrasonic retro-reflective sensors, and ultrasonic through beam sensors, and others. On the basis of application, the global ultrasound sensors market is divided into military and defense, healthcare, petroleum, industrial manufacturing, food and beverages, and automotive.

The author of this report offers an in-depth study of ultrasound sensors market which cover the opportunities and trends in it, along with regional segmentation, global statistics, and the contributing factors that would help the investors to take a confident step forward in their business decision.

Ultrasound Sensors Market: Trends and Opportunities

The increase in demand for sensors technology in automated factories is one of the key drivers propelling the market. The demand for these automated factories is rising gradually, with the advancement in technology and is likely to grow further in coming years as well. Rise in several healthcare applications in healthcare sector, for example sonography and renal denervation, coupled with miniaturization of these devices particularly in minimally invasive procedures is another factor contributing in the growth of ultrasound sensors market. The non-invasive methods carried out by High Intensity Focused Ultrasound (HIFU) devices is pushing up demand as well. Moreover, wide adoption in medical sector, with respect to efficiency and safety, is anticipated to boost the market demand significantly in coming years.

Ultrasound Sensors Market: Geographical Analysis

On the basis of geography, the global ultrasound sensors market is categorized broadly into Asia Pacific, North America, Europe, and the Rest of the World (RoW). Among these, the North America region is prognosticated to lead the market, by being a key contributor in terms of revenue within the forecast period from 2012 to 2018.  The U.S. market is the biggest market for ultrasound sensors, and is likely to maintain its position in future years as well. The region comprises of several key players, both big and small which are investing significantly in the smart production techniques and automation. This in turn is boosting the growth of ultrasound sensors market. Moreover, nations for example Germany and China are becoming a hub for various manufacturing industries that have taken up automation in their factories to gain an edge over their competitors. This is promoting demand for ultrasound sensors in them.

Ultrasound Sensors Market: Competitive Landscape

Due to advent of various small and big vendors, the ultrasonic sensors market is foreseen to be highly diverse and fragmented. Most of the prominent vendors in the market are domiciled in China, North America, and Japan. The vendors mainly compete of the grounds of quality, innovation, support services, and performance. Rockwell Automation, Migatron Corp, Maxbotix, Omron, Pepperl+Fuchs, Blatek Inc, Philips, Vermon, Esaote, GE, Acuson are among the major players leading the global market.