Global Proximity and Displacement Sensors Market to Reach $11.1 Billion by 2030
The global market for Proximity and Displacement Sensors estimated at US$4.6 Billion in the year 2022, is projected to reach a revised size of US$11.1 Billion by 2030, growing at a CAGR of 11.7% over the analysis period 2022-2030. Photoelectric Sensors, one of the segments analyzed in the report, is projected to record 12.3% CAGR and reach US$4.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Inductive Sensors segment is readjusted to a revised 11.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 17.6% CAGR
The Proximity and Displacement Sensors market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 17.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 10.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.Select Competitors (Total 119 Featured) -
- Eaton Corporation PLC
- Honeywell Sensing and Control
- Omron Corporation
- Panasonic Corporation of North America
- Pepperl+Fuchs GmbH
- Sharp Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Eaton Corporation Plc
- Honeywell Sensing and Control
- Omron Corporation
- Panasonic Corporation of North America
- Pepperl+Fuchs GMBH
- Sharp Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 323 |
Published | March 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 4.2 Billion |
Forecasted Market Value ( USD | $ 8.1 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |