HONEYWELL INTERNATIONAL, INC., KEYENCE CORPORATION, OMRON CORPORATION, ROCKWELL AUTOMATION, INC., AND SIEMENS AG – PROMINENT MARKET PARTICIPANTS IN THE ULTRASONIC SENSOR MARKET
The ultrasonic sensors measure distance through ultrasonic waves. The ultrasonic sensors are broadly used in diverse industries, including food & beverages, chemical, medical, automotive, agriculture, wastewater management, and more. These sensors have their application in a conveyor belt, smart parking, vehicle detection for car washes, pallet detection with forklifts, diagnosis, liquid level sensing, trash level monitoring, production lines, and others. Increasing number of ultrasonic application is anticipated to positively impact the growth of the ultrasonic sensor market. Some of the prominent benefits of ultrasonic processing technology include process intensification, low power consumption, low cost of processing, operator-friendliness, simple adaptability to specific applications, and environmental safeness makes ultrasonication a technique for the reliable product quality with better outcomes.
The prominent market players in the ultrasonic sensor market are Honeywell International, Inc., Keyence Corporation, Omron Corporation, Rockwell Automation, Inc., and Siemens AG among others. Market leaders are involved in taking up various market initiatives such as geographical expansion, product innovations by implementing advanced technologies, partnerships, contracts, joint ventures, funding, and inaugurating new offices across the world to maintain brand name globally. For instance, Morgan Advanced Materials has developed an ultrasonic sensor solution for the food and beverage industry. High operating temperature and pressure, presence of steam, and corrosive products, including solvents and alcohol, demands robust measuring components that can function correctly under the demanding conditions. The manufacturers of ultrasonic sensors focus on product innovations and development by adopting advance technologies to compete with peer players. For illustration, Robert Bosch GmbH provides a sensitive ultrasonic system that supports emergency braking functions at a lower speed through the detection of close objects and suddenly appearing obstacles such as pedestrians. These strategies help the companies to remain competitive in the ultrasonic sensor market.
Many well-known, as well as small local companies, are present in the market to provide ultrasonic sensors to their customers. The larger firms are adopting the strategy of partnerships, contractual alliances for the deployment of ultrasonic sensor solutions to enhance their customer portfolio and expand footprint in different geographies. Some of the market initiatives from the market are mentioned below:
| Year | News | Country |
| 2019 | Baumer opened a new production facility in North Macedonia. The facility is opened to address to ensure quick deliveries to the customers of Baumer across Europe. In May 2019, the new facility has commenced its sensor production. | Europe |
| 2019 | Pepperl+Fuchs has presented a new UCC*-50GK ultrasonic sensor. This sensor is developed for distance measurement. The UCC*-50GK uses ultrasonic pulses to calculate distance to the target and reports information with the help of one of three sensor outputs. | Europe |
| 2018 | Siemens presented a new compact level transmitter, named as Sitrans Probe LU240. Its ultrasonic level measurement Hart transmitter and rugged device offer reliable volume, level, and flow measurements. The Sitrans Probe LU240 has its application in food & beverage and chemical industries. | Europe |
