Press release
Proximity Sensor Market Globally Grow at a CAGR of 8.77% by Revenue During the Forecast Period 2017-2021
Market Research Report
About Proximity Sensor
A proximity sensor is an electronic sensor used to detect the presence of nearby objects without having any physical contact with them. These sensors emit a beam of electromagnetic radiation or electromagnetic field and monitor the deviation or delay in the return of the signal or field. The object that is being sensed acts as a proximity sensor's target.
Based on the type, the target object for proximity sensors may vary. For instance, capacitive or photoelectric proximity sensors are suitable for detecting plastic targets, whereas an inductive proximity sensor is preferred for a metallic target.
Technavios analysts forecast the global proximity sensor market to grow at a CAGR of 8.77% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global proximity sensor market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of various types of proximity sensors, including inductive, photoelectric, capacitive, magnetic, and ultrasonic.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Proximity Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
General Electric
Honeywell
Panasonic
OMRON
Other prominent vendors
Broadcom
Balluff
Eaton
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Market driver
Increasing awareness of monitoring and safety systems in automobiles
For a full, detailed list, view our report
Market challenge
Limited product variation between different manufacturers
For a full, detailed list, view our report
Market trend
Integration of ALS and proximity sensors into a single module
For a full, detailed list, view our report
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Proximity sensors
Salient features of proximity sensors
Market outline
PART 05: Technology landscape
Types of proximity sensors
PART 06: Market landscape
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