IMARC Group, a leading market research company, has recently releases report titled “Proximity Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global proximity sensor market trends, share, size, growth and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Proximity Sensor
A proximity sensor, also known as a proximity switch or proximity detector, is a sensor that can understand the presence or absence of an object or determine its distance from the sensor without direct physical contact. It comprises inductive, capacitive, and ultrasonic proximity sensor, which emits high-frequency sound waves and calculates the time it takes for the waves to bounce back after hitting an object. It also includes optical proximity sensors, which use light to detect objects and are widely used in consumer electronics, automation, and robotics. It can provide various output types, such as digital (on/off), analog (voltage or current proportional to distance), or pulse-width modulation (PWM) signals.
How Big Is the Proximity Sensor Market?
The global proximity sensor market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.82% during 2023-2028.
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What are the growth prospects and trends in the proximity sensor industry?
At present, the increasing demand for proximity sensors in smartphones for touchless screen dimming during phone calls or adjusting screen orientation based on the position of the user represents one of the crucial factors impelling the growth of the market.
Besides this, the rising employment of proximity sensors in the automotive sector for creating parking assistance systems, object detection systems for autonomous vehicles, and airbag deployment systems is contributing to the growth of the market.
In addition, the growing deployment of proximity sensors in applications, such as touchless faucets, automatic doors, and elevators, is positively influencing the market. Apart from this, increasing advancements in sensor technologies, particularly in the field of micro-electromechanical systems (MEMS), are bolstering the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Technology:
- Inductive
- Capacitive
- Photoelectric
- Magnetic
- Others
Breakup by Sensing Range:
- 0 MM–20 MM Sensing Range
- 20 MM–40 MM Sensing Range
- Greater Than 40 MM Sensing Range
Breakup by End Use Industry:
- Aerospace and Defense
- Automotive
- Industrial
- Consumer Electronics
- Food and Beverage
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Autonics Corporation, Balluff GmbH, Datalogic S.p.A., Fargo Controls Inc., Honeywell International Inc., Keyence Corporation, OMRON Corporation, Panasonic Corporation, Pepperl+Fuchs SE, Riko Opto-Electronics Technology Co. Ltd, Rockwell Automation Inc., Sick AG and STMicroelectronics.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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