Proximity Sensors Market Updates by 2031
The proximity sensors market is expected to register decent growth in the North American region on account of growing applicability in the industrial and automotive sector. The market is also witnessing significant product developments in consumer electronics which incorporate these sensors. Rising per capita income and increasing automation trends would create a favorable market landscape for the major players in the coming years.
MARKET DYNAMICS
The proximity sensors market is anticipated to witness rapid growth in the forecast period owing to key drivers such as rapid developments in industrial automation and increasing demand for non-contact sensing technology. However, limitations in sensing capabilities and availability of cheaper substitutes are expected to hinder the growth of the proximity sensors market during the forecast period. On the other hand, growing adoption in the automobile industry is expected to offer significant opportunities for market players in the coming years.
MARKET SCOPE
The "Global Proximity Sensors Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of proximity sensors market with detailed market segmentation by technology, industry vertical, and geography. The global proximity sensors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading proximity sensors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global proximity sensors market is segmented on the basis of technology and industry vertical. Based on technology, the market is segmented as inductive, capacitive, photoelectric, and ultrasonic. On the basis of the industry vertical, the market is segmented as consumer electronics, automotive, aerospace & defense, food & beverage, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global proximity sensors market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The proximity sensors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting proximity sensors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the xx market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global proximity sensors market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The proximity sensors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting proximity sensors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the xx market in these regions.
MARKET PLAYERS
The reports cover key developments in the proximity sensors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from proximity sensors market are anticipated to lucrative growth opportunities in the future with the rising demand for proximity sensors in the global market. Below mentioned is the list of few companies engaged in the proximity sensors market.
The report also includes the profiles of key proximity sensors companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Datalogic S.p.A. (Hydra S.p.A.)
- Delta Electronics, Inc.
- Honeywell International Inc.
- Keyence Corporation
- OMRON Corporation
- Panasonic Corporation
- Pepperl+Fuchs
- Riko Opto-electronics Technology Co., Ltd.
- Sick AG
- STMicroelectronics
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Proximity Sensors Market - By Technology
1.3.2 Proximity Sensors Market - By Industry Vertical
1.3.3 Proximity Sensors Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PROXIMITY SENSORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PROXIMITY SENSORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PROXIMITY SENSORS MARKET - GLOBAL MARKET ANALYSIS
6.1. PROXIMITY SENSORS - GLOBAL MARKET OVERVIEW
6.2. PROXIMITY SENSORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PROXIMITY SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. INDUCTIVE
7.3.1. Overview
7.3.2. Inductive Market Forecast and Analysis
7.4. CAPACITIVE
7.4.1. Overview
7.4.2. Capacitive Market Forecast and Analysis
7.5. PHOTOELECTRIC
7.5.1. Overview
7.5.2. Photoelectric Market Forecast and Analysis
7.6. ULTRASONIC
7.6.1. Overview
7.6.2. Ultrasonic Market Forecast and Analysis
8. PROXIMITY SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
8.1. OVERVIEW
8.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
8.3. CONSUMER ELECTRONICS
8.3.1. Overview
8.3.2. Consumer Electronics Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. AEROSPACE AND DEFENSE
8.5.1. Overview
8.5.2. Aerospace and Defense Market Forecast and Analysis
8.6. FOOD AND BEVERAGE
8.6.1. Overview
8.6.2. Food and Beverage Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. PROXIMITY SENSORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Proximity Sensors Market Overview
9.1.2 North America Proximity Sensors Market Forecasts and Analysis
9.1.3 North America Proximity Sensors Market Forecasts and Analysis - By Technology
9.1.4 North America Proximity Sensors Market Forecasts and Analysis - By Industry Vertical
9.1.5 North America Proximity Sensors Market Forecasts and Analysis - By Countries
9.1.5.1 United States Proximity Sensors Market
9.1.5.1.1 United States Proximity Sensors Market by Technology
9.1.5.1.2 United States Proximity Sensors Market by Industry Vertical
9.1.5.2 Canada Proximity Sensors Market
9.1.5.2.1 Canada Proximity Sensors Market by Technology
9.1.5.2.2 Canada Proximity Sensors Market by Industry Vertical
9.1.5.3 Mexico Proximity Sensors Market
9.1.5.3.1 Mexico Proximity Sensors Market by Technology
9.1.5.3.2 Mexico Proximity Sensors Market by Industry Vertical
9.2. EUROPE
9.2.1 Europe Proximity Sensors Market Overview
9.2.2 Europe Proximity Sensors Market Forecasts and Analysis
9.2.3 Europe Proximity Sensors Market Forecasts and Analysis - By Technology
9.2.4 Europe Proximity Sensors Market Forecasts and Analysis - By Industry Vertical
9.2.5 Europe Proximity Sensors Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Proximity Sensors Market
9.2.5.1.1 Germany Proximity Sensors Market by Technology
9.2.5.1.2 Germany Proximity Sensors Market by Industry Vertical
9.2.5.2 France Proximity Sensors Market
9.2.5.2.1 France Proximity Sensors Market by Technology
9.2.5.2.2 France Proximity Sensors Market by Industry Vertical
9.2.5.3 Italy Proximity Sensors Market
9.2.5.3.1 Italy Proximity Sensors Market by Technology
9.2.5.3.2 Italy Proximity Sensors Market by Industry Vertical
9.2.5.4 United Kingdom Proximity Sensors Market
9.2.5.4.1 United Kingdom Proximity Sensors Market by Technology
9.2.5.4.2 United Kingdom Proximity Sensors Market by Industry Vertical
9.2.5.5 Russia Proximity Sensors Market
9.2.5.5.1 Russia Proximity Sensors Market by Technology
9.2.5.5.2 Russia Proximity Sensors Market by Industry Vertical
9.2.5.6 Rest of Europe Proximity Sensors Market
9.2.5.6.1 Rest of Europe Proximity Sensors Market by Technology
9.2.5.6.2 Rest of Europe Proximity Sensors Market by Industry Vertical
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Proximity Sensors Market Overview
9.3.2 Asia-Pacific Proximity Sensors Market Forecasts and Analysis
9.3.3 Asia-Pacific Proximity Sensors Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Proximity Sensors Market Forecasts and Analysis - By Industry Vertical
9.3.5 Asia-Pacific Proximity Sensors Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Proximity Sensors Market
9.3.5.1.1 Australia Proximity Sensors Market by Technology
9.3.5.1.2 Australia Proximity Sensors Market by Industry Vertical
9.3.5.2 China Proximity Sensors Market
9.3.5.2.1 China Proximity Sensors Market by Technology
9.3.5.2.2 China Proximity Sensors Market by Industry Vertical
9.3.5.3 India Proximity Sensors Market
9.3.5.3.1 India Proximity Sensors Market by Technology
9.3.5.3.2 India Proximity Sensors Market by Industry Vertical
9.3.5.4 Japan Proximity Sensors Market
9.3.5.4.1 Japan Proximity Sensors Market by Technology
9.3.5.4.2 Japan Proximity Sensors Market by Industry Vertical
9.3.5.5 South Korea Proximity Sensors Market
9.3.5.5.1 South Korea Proximity Sensors Market by Technology
9.3.5.5.2 South Korea Proximity Sensors Market by Industry Vertical
9.3.5.6 Rest of Asia-Pacific Proximity Sensors Market
9.3.5.6.1 Rest of Asia-Pacific Proximity Sensors Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Proximity Sensors Market by Industry Vertical
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Proximity Sensors Market Overview
9.4.2 Middle East and Africa Proximity Sensors Market Forecasts and Analysis
9.4.3 Middle East and Africa Proximity Sensors Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Proximity Sensors Market Forecasts and Analysis - By Industry Vertical
9.4.5 Middle East and Africa Proximity Sensors Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Proximity Sensors Market
9.4.5.1.1 South Africa Proximity Sensors Market by Technology
9.4.5.1.2 South Africa Proximity Sensors Market by Industry Vertical
9.4.5.2 Saudi Arabia Proximity Sensors Market
9.4.5.2.1 Saudi Arabia Proximity Sensors Market by Technology
9.4.5.2.2 Saudi Arabia Proximity Sensors Market by Industry Vertical
9.4.5.3 U.A.E Proximity Sensors Market
9.4.5.3.1 U.A.E Proximity Sensors Market by Technology
9.4.5.3.2 U.A.E Proximity Sensors Market by Industry Vertical
9.4.5.4 Rest of Middle East and Africa Proximity Sensors Market
9.4.5.4.1 Rest of Middle East and Africa Proximity Sensors Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Proximity Sensors Market by Industry Vertical
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Proximity Sensors Market Overview
9.5.2 South and Central America Proximity Sensors Market Forecasts and Analysis
9.5.3 South and Central America Proximity Sensors Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Proximity Sensors Market Forecasts and Analysis - By Industry Vertical
9.5.5 South and Central America Proximity Sensors Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Proximity Sensors Market
9.5.5.1.1 Brazil Proximity Sensors Market by Technology
9.5.5.1.2 Brazil Proximity Sensors Market by Industry Vertical
9.5.5.2 Argentina Proximity Sensors Market
9.5.5.2.1 Argentina Proximity Sensors Market by Technology
9.5.5.2.2 Argentina Proximity Sensors Market by Industry Vertical
9.5.5.3 Rest of South and Central America Proximity Sensors Market
9.5.5.3.1 Rest of South and Central America Proximity Sensors Market by Technology
9.5.5.3.2 Rest of South and Central America Proximity Sensors Market by Industry Vertical
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PROXIMITY SENSORS MARKET, KEY COMPANY PROFILES
11.1. DATALOGIC S.P.A. (HYDRA S.P.A.)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DELTA ELECTRONICS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HONEYWELL INTERNATIONAL INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KEYENCE CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. OMRON CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PANASONIC CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PEPPERL+FUCHS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RIKO OPTO-ELECTRONICS TECHNOLOGY CO., LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SICK AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. STMICROELECTRONICS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Datalogic S.p.A. (Hydra S.p.A.)2.Delta Electronics, Inc.3.Honeywell International Inc.4.Keyence Corporation5.OMRON Corporation6.Panasonic Corporation7.Pepperl+Fuchs8.Riko Opto-electronics Technology Co., Ltd.9.Sick AG10.STMicroelectronics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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