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Global Proximity sensors market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The proximity sensors market is poised to grow by $ 1.09 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. The reports on proximity sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing awareness of monitoring and safety systems in automobiles and growing demand for smart factories. In addition, increasing awareness of monitoring and safety systems in automobiles is anticipated to boost the growth of the market as well.
The proximity sensors market analysis includes product segment, application segment, and geographical landscapes
The proximity sensors market is segmented as below:
By Product
- Photoelectric
- Inductive
- Capacitive
- Magnetic
- Ultrasonic
By Application
- Automotive
- Industrial manufacturing
- Consumer electronics
- Building automation
- Others
By Geographic Landscapes
s- North America
- APAC
- Europe
- South America
- MEA
This study identifies the growing elevators and escalators market as one of the prime reasons driving the proximity sensors market growth during the next few years.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The proximity sensors market covers the following areas:
- Proximity sensors market sizing
- Proximity sensors market forecast
- Proximity sensors market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading proximity sensors market vendors that include Fargo Controls Inc., General Electric Co., Honeywell International Inc., NXP Semiconductors NV, OMRON Corp., ON Semiconductor Corp., Panasonic Corp., Pepperl+Fuchs AG, Schneider Electric SE, and STMicroelectronics NV. Also, the proximity sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendors covered
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global proximity sensors market market: Fargo Controls Inc., General Electric Co., Honeywell International Inc., NXP Semiconductors NV, OMRON Corp., ON Semiconductor Corp., Panasonic Corp., Pepperl+Fuchs AG, Schneider Electric SE, and STMicroelectronics NV.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing elevators and escalators market."
According to the report, one of the major drivers for this market is the increasing awareness of monitoring and safety systems in automobiles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Fargo Controls Inc.
- General Electric Co.
- Honeywell International Inc.
- NXP Semiconductors NV
- OMRON Corp.
- ON Semiconductor Corp.
- Panasonic Corp.
- Pepperl+Fuchs AG
- Schneider Electric SE
- STMicroelectronics NV
