SHARE
Inductive Proximity Sensor Market

Inductive Proximity Sensor Market Forecasts to 2028 – Global Analysis By Type (M8, M12, M18), Product (Cylinder Sensors, Rectangular Sensors, Ring & Slot Sensors), Technology (Capacitive, Inductive) and By Geography

4.3 (69 reviews)
Published: September 2021 ID: SMRC20965
4.3 (69 reviews)
Published: September 2021 ID: SMRC20965

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Inductive Proximity Sensor Market is accounted for $999.88 million in 2020 and is expected to reach $2,059.09 million by 2028 growing at a CAGR of 9.5% during the forecast period. The rise in their demand in the industrial automation applications sector and growth in the demand for the Industrial Internet of Things (IIoT) are driving the market growth. However, restrictions in sensing capabilities and availability of other sensors at a lower cost are hampering the growth of the market.

The proximity sensor denotes all sensors which make non-contact detection and which sense objects without physically contacting them. It transforms information on the movement or existence of an object into an electrical signal. These sensors are used to sense any object or a target without the need for any physical contact. These sensors are used in, mobile phones, parking lots, conveyor systems, and various other industrial applications.

Based on the application, the industrial automation segment is going to have lucrative growth during the forecast period, as they are inexpensive and proficient, and industries, like the automotive industry, need such technology to match the rising consumer demand. Moreover, these sensors are used mainly in industrial automation segments.

By geography, Asia Pacific is going to have high growth during the forecast period, owing to the rising automotive industry in Asia is generating the potential for the market. China has also become both the world’s largest car market and the world’s major production site for cars, comprising electric vehicles, with much-advanced potential. The rising concept of connected vehicles and electric vehicles additional spur the growth for inductive proximity sensors in the automotive sector across the region.

Some of the key players profiled in the Inductive Proximity Sensor Market include Altech Corp, Autonics Corporation, Datalogic S.p.A., Delta Electronics, Inc., Eaton Corporation Plc, IFM, Keyence Corporation, Omron Corporation, Panasonic Corporation, Pepperl+Fuchs, Riko Opto-electronics Co., Ltd., Rockwell Automation GmbH, Sick AG.

Types Covered:
• M8
• M12
• M18
• Amplifier-In-Cable
• Self-Contained
• Separate Amplifier

Inductive Proximity Sensors
• Switched Negative (NPN) Inductive Proximity Sensor
• Switched Positive (PNP) Inductive Proximity Sensor

Products Covered:
• Cylinder Sensors
• Rectangular Sensors
• Ring & Slot Sensors
• Tubular Sensors   

Technologies Covered:
• Capacitive
• Inductive
• Magnetic
• Photoelectric  

Applications Covered:
• Automated Industrial Processes
• Automotive Assembly
• Harsh Environments
• Industrial Environments
• Robotics

End Users Covered:
• Aerospace and Avionics
• Defense
• Electronics and Semiconductors
• Elevators and Escalators
• Food & Beverage
• Industrial Automation
• Manufacturing Industry
• Metals & Mining Industry
• Packaging
• Pharmaceutical
• Transportation and Logistics
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials