Proximity Sensor Market Research Report - Global Forecast till 2027

Global Proximity Sensor Market Research Report: By Technology (Inductive, Capacitive, Photoelectric, Magnetic) by End User (Aerospace & Defense, Automotive, Industrial, Consumer Electronics, Food & Beverage, Others) by Region (North America, Europe, Asia-Pacific, Middle East and Africa, Central and South America) - Forecast till 2027

ID: MRFR/SEM/6719-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The Global Proximity Sensor Market is expected to grow from USD 2,325.4 million in 2018 to USD ~3,630 million by 2025, at a CAGR of ~7% during the forecast period. A proximity sensor detects the presence of nearby objects without any physical contact. It functions by detecting a change in the local electromagnetic field. There is a change in the state of sensor output when a metal object is detected. Proximity sensors are largely used in automotive and aerospace & defense industries. Growth of advanced monitoring and safety systems is creating increased demand for proximity sensors in the automotive industry. Proximity sensors detect and warn the driver when the vehicle gets close to an object. Proximity sensors are used to develop a system based on a rectangular capacitive proximity-sensing array for quantifying occupant head position in the vehicle, in order to meet the guidelines of the Insurance Institute for Highway Safety (IIHS). Furthermore, growth in industrial automation is another leading factor driving the growth of proximity sensor market. Proximity sensors in industrial automation are used in conveyor lines for counting and jam detection and in machine tools for safety interlock and sequencing.


The shapes of proximity sensors are evolving to meet customer requirements more efficiently. With continuous decrease in the size of automation equipment, proximity sensor manufacturers are working on developing lightweight and compact sensor package designs. Traditional barrel sensors are being replaced with new miniature cubical- and rectangular sensors. Models as thin as 6 mm are now replacing barrel-style sensors which are ten times thicker, while also achieving longer ranges. Proximity sensors are also available in various mounting options which maximize its application compatibility.


The automotive segment is expected to hold the largest share owing to the adoption of proximity sensors in various applications including parking assistance systems, infotainment systems, 3D gesture control systems, interior lighting control systems, and keyless entry system. In the parking assistance system, proximity sensors detect the presence of objects in the pathway of the vehicle and raise alarm to warn the driver, if an object is detected nearby. Proximity sensors are also used for preventing collision with pedestrians while parking the vehicle. Proximity sensors are also being rapidly adopted in the consumer electronics industry. Smartphones come equipped with proximity sensors which detect the proximity of screen to ears and accordingly control the display lights. Wearables are one of the important growth segments for proximity sensors under consumer electronics.


 Key Developments



  • In May 2019, Pepperl+Fuchs introduced inductive proximity sensor. These can be used for safeguarding machines and plant components along with providing reliable position detection.



  • In August 2017, Honeywell launched Integral Health Monitoring (IHM) series proximity sensors which can be used for aircraft sensing. These sensors can send specific diagnostics to the ground, which will allow mechanics to prepare for repairs quickly thus reducing the time needed for troubleshooting.


Segmentation


The proximity sensor market has been segmented on the basis of technology, end user, and region.


On the basis of technology, the market has been segmented into inductive, capacitive, photoelectric, and magnetic.


On the basis of end user, the market has been segmented into aerospace & defense, automotive, industrial, consumer electronics, food & beverage, and others.


Based on region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and Central and South America.


Regional Analysis


The global proximity sensor market is projected to grow at a significant rate during the forecast period from 2019 to 2025. The geographic analysis of the proximity sensor market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.


Asia-Pacific holds the largest market share in the global proximity sensor market owing to the rising production of smartphones in this region. Growth of industrial automation in Asia-Pacific is also one of the major drivers for proximity sensors in this region. Moreover, demand for proximity sensors in the manufacturing and consumer electronics sector is also expected to grow at a significant rate during the forecast period. North America holds the second-largest share in this market owing to the presence of key market players such as Rockwell Automation and Honeywell in the region. The market in Europe is expected to grow at a significant rate during the forecast period.


Proximity Sensor Market
 Proximity Sensor Market


Source: MRFR Analysis


Competitive Analysis


The proximity sensor report offers a comparative analysis of key players in the proximity sensor market. These key players are heavily investing in research and development to develop and offer efficient and cost-effective products. The large companies mainly emphasize on product innovation and effective distribution of their products through their network of partners in various countries.


Key Players


The key players in the proximity sensor market are Avago Technologies Inc. (Singapore), Schneider Electric (France), Panasonic Corporation (Japan), Balluff GmbH. (Germany), Hans Turck GmbH & CO., KG. (Germany), Pepperl + Fuchs GmbH (Germany), Rockwell Automation (US), Omron Corporation (Japan), Honeywell International Inc. (US), and Sick AG (Germany).


Other prominent players studied for the Proximity Sensor market are IFM Electronic GmbH (Germany), Fargo Controls (US), Gimatic S.r.l. (Russia), Bernstein AG (Germany), Baumer Holding AG (Germany), and Schmersal (Germany), among others.


Intended Audience



  • Manufacturers of proximity sensor

  • Proximity sensor distributors

  • Technology standards organizations

  • Investors and consultants

  • System integrators

  • Government organizations

  • Research/consultancy firms



Frequently Asked Questions (FAQ) :


At 7% CAGR, the worldwide market of proximity sensor is expected to value at USD 3636 Mn.

Avago Technologies Inc. (Singapore), Panasonic Corporation (Japan), and Schneider Electric (France) are some renowned players of the proximity sensor market.

Inductive, magnetic, capacitive, and photoelectric are technologies that proximity sensors use.

In 2018, the proximity sensor market was recorded at USD 2,325.4 million.

Market trends and dynamics, and role of market players are discussed in the proximity sensor market report.

Table of Contents


1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Intensity of Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Global Proximity Sensor Market

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Restraints

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Global Proximity Sensor Market, by Technology

7.1 Introduction

7.2 Inductive

7.2.1 Market Estimates & Forecast, 2020-2027

7.3 Capacitive

7.3.1 Market Estimates & Forecast, 2020-2027

7.4 Photoelectric

7.4.1 Market Estimates & Forecast, 2020-2027

7.5 Magnetic

7.5.1 Market Estimates & Forecast, 2020-2027

8 Global Proximity Sensor Market, by End User

8.1 Introduction

8.2 Aerospace & Defense

8.2.1 Market Estimates & Forecast, 2020-2027

8.3 Automotive

8.3.1 Market Estimates & Forecast, 2020-2027

8.4 Industrial

8.4.1 Market Estimates & Forecast, 2020-2027

8.5 Consumer Electronics

8.5.1 Market Estimates & Forecast, 2020-2027

8.6 Food & Beverages

8.6.1 Market Estimates & Forecast, 2020-2027

8.7 Others

8.7.1 Market Estimates & Forecast, 2020-2027

9 Global Proximity Sensor Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, by Country, 2020-2027

9.2.2 Market Estimates & Forecast, by Technology, 2020-2027

9.2.3 Market Estimates & Forecast, by End User, 2020-2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, by Technology, 2020-2027

9.2.4.2 Market Estimates & Forecast, by End User, 2020-2027

9.2.5 Mexico

9.2.5.1 Market Estimates & Forecast, by Technology, 2020-2027

9.2.5.2 Market Estimates & Forecast, by End User, 2020-2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, by Technology, 2020-2027

9.2.6.2 Market Estimates & Forecast, by End User, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, by Country, 2020-2027

9.3.2 Market Estimates & Forecast, by Technology, 2020-2027

9.3.3 Market Estimates & Forecast, by End User, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, by Technology, 2020-2027

9.3.4.2 Market Estimates & Forecast, by End User, 2020-2027

9.3.5 France

9.3.5.1 Market Estimates & Forecast, by Technology, 2020-2027

9.3.5.2 Market Estimates & Forecast, by End User, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, by Technology, 2020-2027

9.3.6.2 Market Estimates & Forecast, by End User, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, by Technology, 2020-2027

9.3.7.2 Market Estimates & Forecast, by End User, 2020-2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, by Technology, 2020-2027

9.3.8.2 Market Estimates & Forecast, by End User, 2020-2027

9.3.9 Rest of Europe

9.3.9.1 Market Estimates & Forecast, by Technology, 2020-2027

9.3.9.2 Market Estimates & Forecast, by End User, 2020-2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, by Country, 2020-2027

9.4.2 Market Estimates & Forecast, by Technology, 2020-2027

9.4.3 Market Estimates & Forecast, by End User, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, by Technology, 2020-2027

9.4.4.2 Market Estimates & Forecast, by End User, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, by Technology, 2020-2027

9.4.5.2 Market Estimates & Forecast, by End User, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, by Technology, 2020-2027

9.4.6.2 Market Estimates & Forecast, by End User, 2020-2027

9.4.7 South Korea

9.4.7.1 Market Estimates & Forecast, by Technology, 2020-2027

9.4.7.2 Market Estimates & Forecast, by End User, 2020-2027

9.4.8 Taiwan

9.4.8.1 Market Estimates & Forecast, by Technology, 2020-2027

9.4.8.2 Market Estimates & Forecast, by End User, 2020-2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, by Technology, 2020-2027

9.4.9.2 Market Estimates & Forecast, by End User, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, by Country, 2020-2027

9.5.2 Market Estimates & Forecast, by Technology, 2020-2027

9.5.3 Market Estimates & Forecast, by End User, 2020-2027

9.5.4 UAE

9.5.4.1 Market Estimates & Forecast, by Technology, 2020-2027

9.5.4.2 Market Estimates & Forecast, by End User, 2020-2027

9.5.5 Saudi Arabia

9.5.5.1 Market Estimates & Forecast, by Technology, 2020-2027

9.5.5.2 Market Estimates & Forecast, by End User, 2020-2027

9.5.6 Rest of Middle East & Africa

9.5.6.1 Market Estimates & Forecast, by Technology, 2020-2027

9.5.6.2 Market Estimates & Forecast, by End User, 2020-2027

9.6 Central and South America

9.6.1 Market Estimates & Forecast, by Country, 2020-2027

9.6.2 Market Estimates & Forecast, by Technology, 2020-2027

9.6.3 Market Estimates & Forecast, by End User, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, by Technology, 2020-2027

9.6.4.2 Market Estimates & Forecast, by End User, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, by Technology, 2020-2027

9.6.5.2 Market Estimates & Forecast, by End User, 2020-2027

9.6.6 Rest of Central and South America

9.6.6.1 Market Estimates & Forecast, by Technology, 2020-2027

9.6.6.2 Market Estimates & Forecast, by End User, 2020-2027

10 Competitive Landscape

11 Company Profiles

11.1 Avago Technologies Inc.

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Key Strategies

11.2 Schneider Electric

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Key Strategies

11.3 Panasonic Corporation

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Key Strategies

11.4 Balluff GmbH

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Key Strategies

11.5 Hans Turck GmbH & CO., KG

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Key Strategies

11.6 Pepperl + Fuchs GmbH

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Key Strategies

11.7 Rockwell Automation

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Key Strategies

11.8 Omron Corporation

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Key Strategies

11.9 Honeywell International Inc.

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Key Strategies

11.10 Sick AG

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Key Strategies

11.11 Baumer Holding AG

11.11.1 Company Overview

11.11.2 Product/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.11.6 Key Strategies

11.12 IFM Electronic GmbH

11.12.1 Company Overview

11.12.2 Product/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.12.5 SWOT Analysis

11.12.6 Key Strategies

11.13 Fargo Controls

11.13.1 Company Overview

11.13.2 Product/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.13.5 SWOT Analysis

11.13.6 Key Strategies

11.14 Gimatic S.r.l.

11.14.1 Company Overview

11.14.2 Product/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.14.5 SWOT Analysis

11.14.6 Key Strategies

11.15 Bernstein AG

11.15.1 Company Overview

11.15.2 Product/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments

11.15.5 SWOT Analysis

11.15.6 Key Strategies

12 Conclusion

LIST OF TABLES

Table 1 Global Proximity Sensor Market, by Technology, 2020-2027

Table 2 Global Proximity Sensor Market, by End User, 2020-2027

Table 3 Global Proximity Sensor Market, by Region, 2020-2027

Table 4 North America: Proximity Sensor Market, by Country, 2020-2027

Table 5 North America: Proximity Sensor Market, by Technology, 2020-2027

Table 6 North America: Proximity Sensor Market, by End User, 2020-2027

Table 7 US: Proximity Sensor Market, by Technology, 2020-2027

Table 8 US: Proximity Sensor Market, by End User, 2020-2027

Table 9 Canada: Proximity Sensor Market, by Technology, 2020-2027

Table 10 Canada: Proximity Sensor Market, by End User, 2020-2027

Table 11 Mexico: Proximity Sensor Market, by Technology, 2020-2027

Table 12 Mexico: Proximity Sensor Market, by End User, 2020-2027

Table 13 Europe: Proximity Sensor Market, by Country, 2020-2027

Table 14 Europe: Proximity Sensor Market, by Technology, 2020-2027

Table 15 Europe: Proximity Sensor Market, by End User, 2020-2027

Table 16 Germany: Proximity Sensor Market, by Technology, 2020-2027

Table 17 Germany: Proximity Sensor Market, by End User, 2020-2027

Table 18 France: Proximity Sensor Market, by Technology, 2020-2027

Table 19 France: Proximity Sensor Market, by End User, 2020-2027

Table 20 Italy: Proximity Sensor Market, by Technology, 2020-2027

Table 21 Italy: Proximity Sensor Market, by End User, 2020-2027

Table 22 Spain: Proximity Sensor Market, by Technology, 2020-2027

Table 23 Spain: Proximity Sensor Market, by End User, 2020-2027

Table 24 UK: Proximity Sensor Market, by Technology, 2020-2027

Table 25 UK: Proximity Sensor Market, by End User, 2020-2027

Table 26 Rest of Europe: Proximity Sensor Market, by Technology, 2020-2027

Table 27 Rest of Europe: Proximity Sensor Market, by End User, 2020-2027

Table 28 Asia-Pacific: Proximity Sensor Market, by Country, 2020-2027

Table 29 Asia-Pacific: Proximity Sensor Market, by Technology, 2020-2027

Table 30 Asia-Pacific: Proximity Sensor Market, by End User, 2020-2027

Table 31 China: Proximity Sensor Market, by Technology, 2020-2027

Table 32 China: Proximity Sensor Market, by End User, 2020-2027

Table 33 Japan: Proximity Sensor Market, by Technology, 2020-2027

Table 34 Japan: Proximity Sensor Market, by End User, 2020-2027

Table 35 India: Proximity Sensor Market, by Technology, 2020-2027

Table 36 India: Proximity Sensor Market, by End User, 2020-2027

Table 37 South Korea: Proximity Sensor Market, by Technology, 2020-2027

Table 38 South Korea: Proximity Sensor Market, by End User, 2020-2027

Table 39 Taiwan: Proximity Sensor Market, by Technology, 2020-2027

Table 40 Taiwan: Proximity Sensor Market, by End User, 2020-2027

Table 41 Rest of Asia-Pacific: Proximity Sensor Market, by Technology, 2020-2027

Table 42 Rest of Asia-Pacific: Proximity Sensor Market, by End User, 2020-2027

Table 43 Middle East and Africa: Proximity Sensor Market, by Technology, 2020-2027

Table 44 Middle East and Africa: Proximity Sensor Market, by End User, 2020-2027

Table 45 UAE: Proximity Sensor Market, by Technology, 2020-2027

Table 46 UAE: Proximity Sensor Market, by End User, 2020-2027

Table 47 Saudi Arabia: Proximity Sensor Market, by Technology, 2020-2027

Table 48 Saudi Arabia: Proximity Sensor Market, by End User, 2020-2027

Table 49 Rest of the Middle East and Africa: Proximity Sensor Market, by Technology, 2020-2027

Table 50 Rest of the Middle East and Africa: Proximity Sensor Market, by End User, 2020-2027

Table 51 Central and South America: Proximity Sensor Market, by Technology, 2020-2027

Table 52 Central and South America: Proximity Sensor Market, by End User, 2020-2027

Table 53 Brazil: Proximity Sensor Market, by Technology, 2020-2027

Table 54 Brazil: Proximity Sensor Market, by End User, 2020-2027

Table 55 Argentina: Proximity Sensor Market, by Technology, 2020-2027

Table 56 Argentina: Proximity Sensor Market, by End User, 2020-2027

Table 57 Rest of Central and South America: Proximity Sensor Market, by Technology, 2020-2027

Table 58 Rest of Central and South America: Proximity Sensor Market, by End User, 2020-2027

LIST OF FIGURES

FIGURE 1 Global Proximity Sensor Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global Proximity Sensor Market

FIGURE 4 Value Chain of the Global Proximity Sensor Market

FIGURE 5 Share of the Global Proximity Sensor Market in 2020, by Country (in %)

FIGURE 6 Global Proximity Sensor Market, 2020-2027

FIGURE 7 Global Proximity Sensor Market Size, by Technology, 2020

FIGURE 8 Share of the Global Proximity Sensor Market, by Technology, 2020 tot 2027

FIGURE 9 Global Proximity Sensor Market Size, by End User, 2020

FIGURE 10 Share of the Global Proximity Sensor Market, by End User, 2020 tot 2027