Inductive Proximity Sensors Market

Global Market Study on Inductive Proximity Sensors: Amplifier-in-Cable Projected to be the Largest Product Type Through 2026

Inductive Proximity Sensors Market Segmented By Self-contained, Amplifier-in-cable, Separate Amplifier Type in Consumer Electronics, Industrial Automation, Automotive, Aerospace and Defense, Pharmaceutical, Packaging

Introduction

The global inductive proximity sensors market is estimated to be valued at US$ 1,278.6 Mn by the end of 2017 and is expected to grow at a CAGR of 9.4% in terms of value over the forecast period. The global inductive proximity sensors market is estimated to represent a considerable incremental opportunity between 2018 and 2028.

On the basis of type, the inductive proximity sensors market is segmented into self-contained inductive proximity sensors, amplifier-in-cable inductive proximity sensors, and separate amplifier inductive proximity sensors. Inductive proximity sensors find applications in various industries, such as consumer electronics, industrial automation, automotive, aerospace & defense, pharmaceutical, and packaging, among others.

Key regions and countries assessed in this report include North America (U.S., Canada), Latin America (Brazil, Mexico, & Rest of Latin America), Europe (Germany, France, UK, Italy, Spain, Russia, & the rest of Europe), SEA & Other APAC (India, Indonesia, Philippines, Thailand, Malaysia, Oceania, and the rest of SEA & Other APAC), Japan, China, and MEA (GCC Countries, Turkey, South Africa, Northern Africa, & the rest of MEA).

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Companies

Companies Profile

  • SICK AG
  • Panasonic Corporation
  • Omron Corporation
  • Datalogic S.p.A.
  • Keyence Corporation
  • Delta Electronics, Inc.
  • Autonics Corporation
  • Rockwell Automation GmbH
  • Pepperl+Fuchs
  • Riko Opto-electronics Co., Ltd.
  • Others.

 

Global inductive proximity sensor market:Overview

According to PMR analysis, inductive proximity sensors are widely used by all tier companies to streamline operations, enhance industrial automation, and change the manufacturing landscape of companies. Thus, the usage of inductive proximity sensors in industrial automation is gaining importance in various industries.

Growth in the global inductive proximity sensor market is driven by an increase in their demand in the industrial automation applications sector. Increase in the number of vendors that enable industrial automation as well as growth in the demand for Industrial Internet of Things (IIoT) are important factors driving the inductive proximity sensor market.

inductive proximity sensors market

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High potential in SEA and Other APAC

The inductive proximity sensors market in North America holds the largest value share in the global market and is likely to maintain its dominance during the forecast period. However, SEA and Other APAC region is expected to register the highest growth rate. The inductive proximity sensors market has high potential in SEA and Other APAC owing to major technological advancements in consumer electronics and automotive markets. Thus, the inductive proximity sensors market in SEA and Others of APAC region will be targeted the most by inductive proximity sensors market participants. The need to enhance the productivity and efficiency of industrial processes is expected to attract the attention of inductive proximity sensor service providers toward the SEA and Other APAC region.

Moreover, growth in the consumer electronics sector has a significant impact on the inductive proximity sensors market. Increase in the number of consumer electronics as well as growth in the demand for smartphones and other mobile devices are important factors driving the inductive proximity sensors market. Inductive proximity sensors are being increasingly used in smartphones to enhance overall functional efficiency, convenience, and precautions.

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Key Region

Another factor that is driving the global inductive proximity sensors market is that inductive proximity sensors are rarely affected by temperature fluctuations and foreign impurities, such as dirt and water. The effects are negated using multiple receiver coils to calculate the position and deduce their distance from the ratio of received signals. This reliability factor enables the end user to use inductive proximity sensors in harsh environments.

The usage of inductive proximity sensor technology was practiced by large industries over a decade ago. With improved technology and cost-effective solutions & services, inductive proximity sensor technology has been adopted by small and medium-sized enterprises as well. Inductive proximity sensors are widely used by all tier companies to streamline operations, enhance industrial automation, and change the manufacturing landscape of the company. Thus, the usage of inductive proximity sensors in industrial automation is gaining importance in various industries.

Growth in the global inductive proximity sensors market is driven by their increasing demand in the industrial automation applications sector. Increase in the number of vendors that enable industrial automation and growth in the demand for Industrial Internet of Things (IIoT) are important factors driving the inductive proximity sensors market.

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Key Player

The vendors in the market of now focusing on the integration of inductive proximity sensors with IoT to identify an object and its real-time location. Some of the market vendors in this study of the global inductive proximity sensors market include SICK AG; Panasonic Corporation; Omron Corporation; Datalogic S.p.A.; Keyence Corporation; Delta Electronics, Inc.; Autonics Corporation; Rockwell Automation GmbH; Pepperl+Fuchs; and Riko Opto-electronics Co., Ltd.

Key Segments Covered

Key Segments Covered:
  • Type
    • Self-contained
    • Amplifier-in-cable
    • Separate Amplifier
  • Industry
    • Consumer Electronics
    • Industrial Automation
    • Automotive
    • Aerospace and Defense
    • Pharmaceutical
    • Packaging
    • Others

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • SEA and other of APAC
    • India
    • Indonesia
    • Philippines
    • Thailand
    • Malaysia
    • Oceania
    • Rest of SEA and Other APAC
  • Japan
  • China
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Key Companies

  • SICK AG
  • Panasonic Corporation
  • Omron Corporation
  • Datalogic S.p.A.
  • Keyence Corporation
  • Delta Electronics, Inc.
  • Autonics Corporation
  • Rockwell Automation GmbH
  • Pepperl+Fuchs
  • Riko Opto-electronics Co., Ltd.

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