Global Ultrasonic Sensors Market to grow at a CAGR of 15.37% during 2017-2021 | Siemens, Baumer, Rockwell Automation

A sensor is a device that measures or responds to physical changes in the environment and converts signals accordingly. Sensors that use sound waves to measure distance or any obstacle between source and object are known as ultrasonic sensors. The applications for ultrasonic sensors includes measurement of the distance of target objects or materials through the air using non-contact technology. They are mostly used in places where manual detection is either risky or not possible. It is used in sectors such as industrial manufacturing, healthcare, petroleum, and automotive.

The global ultrasonic sensors market to grow at a CAGR of 15.37% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global ultrasonic sensors market for 2017-2021. To calculate the market size, the report considers the evenue generated from ultrasonic sensors only.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Ultrasonic Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Honeywell International
- Siemens
- Baumer
- Rockwell Automation

Other prominent vendors
- Pepperl+Fuchs
- Robert Bosch
- OMRON
- SensComp

Market driver
- Growing demand for sensor technology in smart factories
- For a full, detailed list, view our report

Market challenge
- Effect of temperature on sensors
- For a full, detailed list, view our report

Market trend
- Advent of ultrasonic fingerprinting technology
- For a full, detailed list, view our report

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-ultrasonic-sensors-market-2017-2021-report.html/toc

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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