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Global Ultrasonic Sensors Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the ultrasonic sensors market and it is poised to grow by $ 707.89 mn during 2020-2024 progressing at a CAGR of 12% during the forecast period. The report on ultrasonic 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 growing demand for sensor technology in smart factories and growing demand for smart/intelligent ultrasonic sensors. In addition, growing demand for sensor technology in smart factories is anticipated to boost the growth of the market as well.
The ultrasonic sensors market analysis includes product segment, application segment and geographical landscapes.
The ultrasonic sensors market is segmented as below:
By Product
- Ultrasonic through beam sensors
- Ultrasonic proximity sensors
- Ultrasonic retro reflective sensors
By Application
- Industrial manufacturing
- Healthcare
- Food and beverage
- Automotive
- Petroleum
- Military and defense
By Geographical Landscapes
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the increasing use of ultrasonic sensors in automobiles for vehicle parking as one of the prime reasons driving the ultrasonic sensors market growth during the next few years.
The report on ultrasonic sensors market covers the following areas:
- Ultrasonic sensors market sizing
- Ultrasonic sensors market forecast
- Ultrasonic 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 ultrasonic sensors market vendors that include Baumer Holding AG, Honeywell International Inc., Keyence Corp., Murata Manufacturing Co. Ltd., OMRON Corp., Pepperl+Fuchs AG, Robert Bosch GmbH, Rockwell Automation Inc., SICK AG, and Siemens AG. Also, the ultrasonic 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 publisher 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. The market research reports provide 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
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Exhibit
Executive Summary
The publisher recognizes the following companies as the key players in the global ultrasonic sensors market: Baumer Holding AG, Honeywell International Inc., Keyence Corp., Murata Manufacturing Co. Ltd., OMRON Corp., Pepperl+Fuchs AG, Robert Bosch GmbH, Rockwell Automation Inc., SICK AG, and Siemens AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing use of ultrasonic sensors in automobiles for vehicle parking.'
According to the report, one of the major drivers for this market is the growing demand for sensor technology in smart factories.
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:
- Baumer Holding AG
- Honeywell International Inc.
- Keyence Corp.
- Murata Manufacturing Co. Ltd.
- OMRON Corp.
- Pepperl+Fuchs AG
- Robert Bosch GmbH
- Rockwell Automation Inc.
- SICK AG
- Siemens AG
