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Digital Proximity Sensors Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Digital Proximity Sensors MarketA Digital Proximity Sensor is a sensor capable of detecting whether an object is approaching or leaving an area. Unlike analog proximity sensors, digital proximity sensors output a digital signal, usually on (1) or off (0), to indicate whether or not an object is within the detection range.
The global Digital Proximity Sensors market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Digital Proximity Sensors is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Digital Proximity Sensors is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Digital Proximity Sensors include STMicroelectronics, Broadcom Inc., Littelfuse, Standex, Renesas Electronics Corporation, VISHAY, Shenzhen EPT Technology co., LTD, Everlight Electronics, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Digital Proximity Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Proximity Sensors.
The Digital Proximity Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Proximity Sensors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Proximity Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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by Type
• Capacitive Proximity Sensors
• Inductive Proximity Sensors
• Infrared Proximity Sensors
by Application
• Aviation and Aerospace
• Industrial
• Automotive
• Consumer Electronics
• Others
By Company
STMicroelectronics, Broadcom Inc., Littelfuse, Standex, Renesas Electronics Corporation, VISHAY, Shenzhen EPT Technology co., LTD, Everlight Electronics
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