Ultrasonic Sensors Market - Forecasts from 2018 to 2023

  • ID: 4542573
  • Report
  • 96 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • Baumer Ltd
  • MaxBotix Inc.
  • OMRON Corporation
  • Pepperl+Fuchs GmbH
  • Robert Bosch GmbH
  • Rockwell Automation, Inc.
  • MORE
The global ultrasonic sensors market is projected to witness a CAGR of 10.40% during the forecasted period to reach a total market size of US$1.465 billion by 2023, increasing from US$0.809 billion in 2017. Ultrasonic sensors work on the principle of echolocation, which includes transmission of ultrasonic waves to the target object and receiving the ultrasonic waves after reflection from target object. The ultrasonic sensors are used for object detection, distance measurement, anti-collision detection, liquid level measurement and pallet detection. These sensors meet diverse applications requirements such as material handling, processing and hygiene detection in food and beverages, guiding mobile equipment in industrial scenarios, and assisted parking in automobiles.
Growing awareness towards the safety and hygiene of food and strict regulations are the key driving factors driving the growth of this market. The rising adoption of automation in automotive and various others sectors will give a big boost to ultrasonic sensors market in the upcoming years. Further advancement in the accuracy of ultrasonic sensors will drive the market globally.

By Type:

On the basis of type of sensor, the global ultrasonic sensors market has been segmented as proximity detection and ranging measurement.

By Application:

In terms of application, the market is segmented as distance measurement, anti-collision detection, liquid level measurement, and object detection.

By Industry Vertical:

In terms of industry verticals of, the global market is segmented as automotive, healthcare, military and defense, oil and gas and others. Other industries like material handling, construction and chemicals are included. Ultrasonic sensors have huge demands in the automotive and health care industry for anti-collision and in diagnostics respectively.

By Geography:

Geographically, the global ultrasonic sensors market is segmented as North America, Europe, Middle East & Africa, Asia -Pacific and South America. Europe and North-America has significant contribution in the global ultrasonic sensors market due to their technological innovations in IT. In Asia-pacific, China is investing heavily in Ultrasonic sensing technology due to growing industrialization and urbanization.

Competitive Intelligence:

The ultrasonic sensors market has immense potential owing to the increasing adoption of these sensors across various end-user segments and the competition will intensify during the forecast period due to technological innovations and upgrades. The key vendors in this market will increase their product lines by investing in the R&D for improved product offering.
The global players are Siemens AG, Pepperl+Fuchs GmbH, Honeywell International, Inc., Murata Manufacturing Co. Ltd., Rockwell Automation, Inc., Robert Bosch GmbH, Baumer Ltd, Schneider Electric, MaxBotix Inc., and OMRON Corporation.

Segmentation:

Global ultrasonic sensors market is segmented on by type, application, industry vertical, and by geography.

By Type:
  • Proximity Detection
  • Ranging Measurement
By Application:
  • Distance Measurement
  • Anti-Collision Detection
  • Liquid Level Measurement
  • Object Detection
  • Others
By Industry Vertical:s
  • Automotive
  • Military and Defense
  • Oil and Gas
  • Food and Beverage
  • Material Handling
  • Others
By Geography:

North America
  • United States
  • Canada
  • Mexico
  • Others
South America
  • Brazil
  • Argentina
  • Others
Europe
  • UK
  • Germany
  • France
  • Italy
  • Others
Middle East and Africa
  • Israel
  • UAE
  • Saudi Arabia
  • Others
Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Others
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Baumer Ltd
  • MaxBotix Inc.
  • OMRON Corporation
  • Pepperl+Fuchs GmbH
  • Robert Bosch GmbH
  • Rockwell Automation, Inc.
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. Global Ultrasoic Sensors Market Forcast by Type
5.1. Proximity Detection
5.2. Ranging Measurement

6. Global Ultrasonic Sensors Market by Application
6.1. Distance Measurement
6.2. Anti-Collision Detection
6.3. Liquid Level Measurement
6.4. Object Detection
6.5. Others

7. Global Ultrasonic Sensors Market Forecast by Industry Vertical
7.1. Automotive
7.2. Military and Defense
7.3. Oil and Gas
7.4. Food and Beverage
7.5. Material Handling
7.6. Others

8. Global Ultrasonic Sensors Market Forecast by Geography
8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. UK
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Saudi Arabia
8.4.3. UAE
8.4.4. Others
8.5. Asia Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. Others

9. COMPETITIVE INTELLIGENCE
9.1. Recent Deals and Investment
9.2. Strategies of Key Players
9.3. Investment Analysis

10. COMPANY PROFILES
10.1. Siemens AG
10.1.1. Company Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. SWOT Analysis
10.2. Pepperl+Fuchs GmbH
10.2.1. Company Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. SWOT Analysis
10.3. Honeywell International Inc.
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. SWOT Analysis
10.4. Murata Manufacturing Co., Ltd
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. SWOT Analysis
10.5. Rockwell Automation, Inc.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Product and Services
10.5.4. SWOT Analysis
10.6. Robert Bosch GmbH
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Product and Services
10.6.4. SWOT Analysis
10.7. Baumer Ltd
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Product and Services
10.7.4. SWOT Analysis

10.8. Schneider Electric
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Product and Services
10.8.4. SWOT Analysis
10.9. MaxBotix Inc.
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Product and Services
10.9.4. SWOT Analysis
10.10. OMRON Corporation
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Product and Services
10.10.4. SWOT Analysis
LIST OF FIGURES
LIST OF TABLES
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  • Siemens AG
  • Pepperl+Fuchs GmbH
  • Honeywell International Inc.
  • Murata Manufacturing Co., Ltd
  • Rockwell Automation, Inc.
  • Robert Bosch GmbH
  • Baumer Ltd
  • Schneider Electric
  • MaxBotix Inc.
  • OMRON Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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