Global Proximity Sensors Market To Register Robust Growth in Coming Years
A proximity sensor is a sensor able to detect the presence of nearby objects without any physical contact. Proximity sensors are commonly used in mobile devices. When the target is within nominal range the device lock screen UI will appear, thus emerging from what is known as sleep mode. Proximity sensors can have a high reliability and long functional life because of the absence of mechanical parts and lack of physical contact between sensor and the sensed object.
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Rising trend of process automation in factories and the continuous growth of smartphone and tablet market, largely drive the proximity & displacement sensors market. The increase in consumer electronics industry has been the key factor driving the growth of the proximity sensor market. Growing need for accurate detection in the vehicles in order to prevent collisions is expected to have positive impact on the growth of the market.
Growing popularity towards contactless sensing applications and the interest of automobile manufacturers towards the integration of sensor technology in automotive security and infotainment systems will boost the market for proximity and displacement sensors. Recent developments in capacitive proximity detecting innovation that tends to have a few problems of IR sensors innovation could discover varied use in cell phones. Medical devices such as glucose monitors, ECG/KCG monitors and blood pressure monitors are also integrated with the proximity sensors. These factors are expected to contribute towards growing opportunity of the global proximity sensors significantly.
The Proximity Sensors market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of 5.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Proximity Sensors.
This report presents the worldwide Proximity Sensors market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The following manufacturers are covered in this report:
Rockwell Automation, Inc
Schneider Electric SE
Avago Technologies Inc
Fargo Controls Inc
IFM Electronic GmbH
Pepperl + Fuchs GmbH
Proximity Sensors Breakdown Data by Type
Proximity Sensors Breakdown Data by Application
Food & Beverage
Aerospace & Defense
Proximity Sensors Production by Region
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The study objectives are:
To analyze and research the global Proximity Sensors status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Proximity Sensors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
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