Press release
Proximity Sensor Market will generate new growth opportunities 2023-2028 | Bruker, Circuit Therapeutics | Companies Covered:Pepperl+Fuchs SE, Hans Turck GmbH & Co. KG, Schneider Electric, Sick AG, Panasonic Corporation of North America, Rockwell Automatio
When the target enters the sensor's field, a proximity sensor, which is a non-contact sensor, identifies the presence of the object.The Global Proximity Sensor Market Size was valued at USD 37.9 Bn in 2021 and is projected to grow to USD 57.6 billion in 2028, registering a CAGR of 7.3% during the production period. The market is primarily driven by the increasing demand for proximity sensors in consumer products including smartphones, laptops, and smart home appliances. Additionally, they are accurate and switch at a rapid pace.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Semiconductor-Electronics/proximity-sensors/25638
The proximity sensor is a non-contact device that can recognize an object as soon as it enters its field of view. Depending on the type of proximity sensor, light, sound, electromagnetic fields, and infrared radiation, the sensor may be used to find a target (IR). These sensors are typically used in automotive applications to detect items in a surrounding vehicle, check the battery's charge, control speed, check the fuel level, monitor the engine temperature, and other tasks.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐ซ๐จ๐ฐ ๐๐ฎ๐๐ฌ๐ญ๐๐ง๐ญ๐ข๐๐ฅ๐ฅ๐ฒ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐ข๐ญ๐ฌ ๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐ฌ๐ ๐ข๐ง ๐๐๐ฏ๐๐ซ๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
Based on end-users, the global proximity sensors market is segmented into aerospace and defense, automotive, consumer electronics, food and beverage, industrial, and others. The automotive segment has dominated the market share in 2021 and is anticipated to grow significantly in the upcoming years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Semiconductor-Electronics/proximity-sensors/25638
The main factor why proximity sensors are being used increasingly in automotive applications is the touch-free user interface. Infotainment systems, keyless entry systems, 3D gestures, and interior lighting management are just a few of the uses for these sensors in the automotive industry.
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฎ๐๐ฅ๐ข๐ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ ๐จ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐๐ข๐ฅ๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐ง๐ ๐๐๐๐๐ญ๐ฒ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐ญ๐จ ๐ ๐ฎ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The convenience of touch-free operation is increasing the use of proximity sensors in automotive applications. These sensors are employed in the car sector for several functions including keyless entry, infotainment systems, 3D gesture, and interior lighting control. Proximity sensors in the parking assistance system can identify obstacles in the path of the reversing car and can sound the alarm to alert the driver.
Furthermore, the strict regulatory guidelines for improved passenger, driver, and vehicle safety is expected to promote the use of proximity sensors in the automotive industry, which ultimately drives the product demand.
๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐:
-STMicroelectronics
-Qualcomm Incorporated
-Riko OPTO-ELECTRONICS TECHNOLOGY CO., LTD.
-Delta Electronics, Inc.
-Fargo Controls Inc.
-KEYENCE CORPORATION.
-Others
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ
๐๐ซ๐จ๐๐ฎ๐๐ญ:
-Fixed Distance
-Variable Distance
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
-Capacitive Radiation
-Magnetic
-Infrared
๐๐ง๐-๐๐ฌ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
-Aerospace & Defence
-Automotive
-Building Automation
-Others
๐๐๐๐๐ง๐ญ ๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ :
- Rockwell Automation acquired Fiix Inc. November 2020, a cloud software provider for cutting-edge maintenance solutions. The customers are anticipated to gain a 360-degree view of integrated data across automation, production, and maintenance with the inclusion of the Fiix platform and expertise, assisting them in monitoring and improving the operation of their assets and optimizing how maintenance work is done.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ข๐ญ๐ก ๐๐๐@ https://www.extrapolate.com/Semiconductor-Electronics/proximity-sensors/25638
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ซ ๐๐ฌ๐ญ๐๐๐ฅ๐ข๐ฌ๐ก๐ฆ๐๐ง๐ญ ๐จ๐ ๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ
North America is the region with the largest market for proximity sensors due to the rapid expansion of the manufacturing and automotive sectors as well as the rise in capital investments for the establishment of various industries. Additionally, as a result of the existence of numerous important businesses and financial support, the US is the largest smart parking market globally. During the foreseeable period, market share is also driven by increased awareness of modern parking and traffic control technologies.
Moreover, the Asia-Pacific is expected to grow at a rapid CAGR during the forecast period as a result of the rising consumer inclination for cutting-edge technological features. To grow production and achieve quick technical advancement, major market players are boosting their expenditure on research and development activities.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ข๐ง๐ญ๐๐ข๐ง ๐๐ก๐๐ข๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง
Prominent businesses operating in the global proximity market are focusing on several business strategies such as mergers and acquisitions, and partnerships to lead the market position in terms of revenue. Primarily employed strategy by these leading companies in product development and product innovation. For instance, Xiaomi uses a virtual smart sensor created by one of the top AI software companies. The 3D gesture and presence detection functionality in smartphones is effective with AI-embedded proximity sensors.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Proximity Sensors Market
Chapter 5. Global Proximity Sensors Market Overview, By Product, 2015 - 2028(USD Million)
Chapter 6. Global Proximity Sensors Market Overview, By Technology, 2015 - 2028(USD Million)
Chapter 7. Global Proximity Sensors Market Overview, By End-User Industry, 2015 - 2028(USD Million)
Chapter 8. Global Proximity Sensors Market Overview, By Geography, 2015 - 2028(USD Million)
Chapter 9. North America Proximity Sensors Market Overview, By Countries, 2015 - 2028(USD Million)
Chapter 10. Europe Proximity Sensors Market Overview, By Countries, 2015 - 2028(USD Million)
...Continued
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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