openPR Logo
Press release

Global Proximity Sensor Market Size-Forecast to 2026

Global Proximity Sensor Market

Global Proximity Sensor Market

As per the research conducted by GME, the Proximity Sensor Market is estimated to be valued at USD 4115.7 million in 2021 and is projected to reach USD 5894.89 million by 2026 at a CAGR of 7.45%. The expansion of the proximity sensors market will be aided by the prevalence of the Industrial Internet of Things (IIoT) and the increasing importance of sophisticated automated manufacturing.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Proximity Sensor Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/proximity-sensor-market-3310

By Technology (Inductive, Capacitive, Magnetic, Photoelectric, Ultrasonic), By Product Type (Fixed Distance, Adjustable Distance), By Application (Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Pharmaceuticals, Consumer Electronics, Building Automation); Competitive Landscape, Company Market Share Analysis, and Competitor Analysis; By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• The growing consciousness of surveillance and safeguarding systems in automotive is driving the market.
• The robotics sector is extensively embracing inductive sensors which lead to its supremacy.
• Adjustable distance product type segment is presumed to dominate ascribed to the growing demand for proximity sensors with extended detecting ranges.
• The automotive application segment is foreseen to predominate because there is a constant increase in capital investments in the establishment of numerous industries that employ proximity sensors.
• Beneficial government assistance for proximity sensor adoption contributes to the supremacy of North America.
• Avago Technologies Inc., IFM Electronic GmbH, Schneider Electric, Panasonic Corporation, Balluff GmbH, Hans Turck GmbH & CO., KG., Pepperl + Fuchs GmbH, Rockwell Automation, Omron Corporation, Honeywell International Inc., Fargo Controls, and Sick AG, among others, are the key players in the market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/proximity-sensor-market-3310

Technology Outlook (Revenue, USD Billion, 2021-2026)
• Inductive
• Capacitive
• Magnetic
• Photoelectric
• Ultrasonic

Product Type Application Outlook (Revenue, USD Billion, 2021-2026)
• Fixed Distance
• Adjustable Distance

Application Outlook (Revenue, USD Billion, 2021-2026)
• Aerospace & Defense
• Automotive
• Industrial Manufacturing
• Food & Beverage
• Pharmaceuticals
• Consumer Electronics
• Building Automation

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Proximity Sensor Market Size-Forecast to 2026 here

News-ID: 2315536 • Views:

More Releases from Global Market Estimates Research & Consultants

Global Flare Monitoring Market Size & Trends
Global Flare Monitoring Market Size & Trends
According to a new market research report published by Global Market Estimates, the global flare monitoring market is expected to grow at a CAGR of 6.5% from 2024 to 2029. Global flare monitoring market growth is driven by factors such as safety and risk management and growing emphasis on reduction of emissions. Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release Key Market Insights • As per
Global Fiber Optic Component System Market Size & Trends
Global Fiber Optic Component System Market Size & Trends
According to a new market research report published by Global Market Estimates, the global fiber optic component system market is expected to grow at a CAGR of 8.46 % from 2024 to 2029. Global fiber optic component system market growth is driven by factors such as growing demand for safety regulations and technological developments. Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release Key Market
Global Rechargeable Battery Market Size & Trends
Global Rechargeable Battery Market Size & Trends
According to a new market research report published by Global Market Estimates, the global rechargeable battery market is expected to grow at a CAGR of 15.4% from 2024 to 2029. Rechargeable batteries have been growing in popularity due to their inherent superiority over disposable batteries in environmental pollution. As rechargeable batteries can be recharged after every use, they cause much lower environmental degradation as compared to disposable batteries, which are discarded
Global Asset Management Solution Market Size & Trends
Global Asset Management Solution Market Size & Trends
According to a new market research report published by Global Market Estimates, the global asset management solution market is projected to grow at a CAGR of 35.1% from 2024 to 2029. The growth of the global asset management solution market is driven by increasing demand for efficient and automated asset tracking and management, the growing need for compliance and risk management in various industries (IoT), and the expanding adoption of cloud-based

All 5 Releases


More Releases for Proximity

Proximity Sensors Market - Progression in Consumer Gadgets to Boost the Demand f …
The worldwide proximity sensor market is foreseen to be very competitive as a result of the emergence of many major firms that hold huge market shares. These vendors compete on the basis of price, reputation, quality, and delivery capabilities to increase greatest market footing amid the gauge time frame. The seller scene in the worldwide proximity sensors market is an exceptionally divided one. Owing to high competition in the worldwide
Proximity Sensors Market: Advancement in Capacitive Proximity Sensing Technique …
Global Proximity Sensors Market: Overview The global proximity sensors market report provides analysis for the period 2015–2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and technologies playing key role in proximity sensors market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence market’s growth during the forecast
Proximity Sensors Market: Advancement in Capacitive Proximity Sensing Technique …
The worldwide proximity sensor market is foreseen to be very competitive as a result of the emergence of many major firms that hold huge market shares. These vendors compete on the basis of price, reputation, quality, and delivery capabilities to increase greatest market footing amid the gauge time frame. The seller scene in the worldwide proximity sensors market is an exceptionally divided one. Owing to high competition in the worldwide
Proximity Sensors Market: Advancement in Capacitive Proximity Sensing Technique …
The worldwide proximity sensor market is foreseen to be very competitive as a result of the emergence of many major firms that hold huge market shares. These vendors compete on the basis of price, reputation, quality, and delivery capabilities to increase greatest market footing amid the gauge time frame. The seller scene in the worldwide proximity sensors market is an exceptionally divided one. Owing to high competition in the worldwide
Proximity Mobile Payment Market Rising Adoption of Smartphones Drives Demand fro …
Proximity mobile payment technology has become an important part of the shopping experience in recent years due to the steady technological progression of the method and rising adoption of the necessary supporting technology across regional and consumer demographics. Proximity mobile payment consists of identifying a product by the aid of an encrypted key and making a payment through digital payment channels. Presently, proximity mobile payment technology is applied through barcodes
Handset Proximity Sensors Market - Known To Be The Most Cost-Effective And Non-I …
Global Handset Proximity Sensors Market: Overview Modern smartphones are packed with a number of sensors that enable them to collect a variety of different kinds of data on who the user is, what the user is doing, and more. Most sensors are added to make smartphones more engaging, convenient, and increasingly useful for the user. Handset proximity sensors are commonly found in touchscreen smartphones and play the primary role of disabling