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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

02-15-2023 10:08 AM CET | Media & Telecommunications

Press release from: Extrapolate

Proximity Sensor Market will generate new growth opportunities

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.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ 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.

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐†๐ซ๐จ๐ฐ ๐’๐ฎ๐›๐ฌ๐ญ๐š๐ง๐ญ๐ข๐š๐ฅ๐ฅ๐ฒ ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐ข๐ญ๐ฌ ๐’๐ฎ๐ซ๐ ๐ข๐ง๐  ๐”๐ฌ๐ž ๐ข๐ง ๐’๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ

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.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ 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.

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐๐ฎ๐›๐ฅ๐ข๐œ ๐€๐ฐ๐š๐ซ๐ž๐ง๐ž๐ฌ๐ฌ ๐จ๐Ÿ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐  ๐š๐ง๐ ๐’๐š๐Ÿ๐ž๐ญ๐ฒ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐ญ๐จ ๐…๐ฎ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

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.

๐‹๐ˆ๐’๐“ ๐Ž๐… ๐Š๐„๐˜ ๐‚๐Ž๐Œ๐๐€๐๐ˆ๐„๐’ ๐๐‘๐Ž๐…๐ˆ๐‹๐„๐ƒ:
-STMicroelectronics
-Qualcomm Incorporated
-Riko OPTO-ELECTRONICS TECHNOLOGY CO., LTD.
-Delta Electronics, Inc.
-Fargo Controls Inc.
-KEYENCE CORPORATION.
-Others

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐๐ฒ

๐๐ซ๐จ๐๐ฎ๐œ๐ญ:
-Fixed Distance
-Variable Distance

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
-Capacitive Radiation
-Magnetic
-Infrared

๐„๐ง๐-๐”๐ฌ๐ž๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
-Aerospace & Defence
-Automotive
-Building Automation
-Others

๐‘๐ž๐œ๐ž๐ง๐ญ ๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ :

- 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.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@ https://www.extrapolate.com/Semiconductor-Electronics/proximity-sensors/25638

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ญ๐จ ๐‹๐ž๐š๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐š๐ซ๐ž ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐‘๐ข๐ฌ๐ข๐ง๐  ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐„๐ฌ๐ญ๐š๐›๐ฅ๐ข๐ฌ๐ก๐ฆ๐ž๐ง๐ญ ๐จ๐Ÿ ๐•๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ

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.

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ญ๐จ ๐…๐จ๐œ๐ฎ๐ฌ ๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐Œ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐“๐ก๐ž๐ข๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง

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.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’:
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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
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