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


Inductive Proximity Sensors  Market
  • Published On : Jul-2018 |
  • Pages : 174 Pages |
  • Format :

Report Synopsis

Persistence Market Research (PMR) offers an 8-year forecast for global inductive proximity sensors market between 2018 and 2026. In terms of value, the inductive proximity sensors market is expected to register a steady growth rate during the forecast period. This study demonstrates the inductive proximity sensors market dynamics and trends globally across seven regions: North America, Latin America, Europe, SEA & Other APAC, Japan, China, and MEA, which influence the current nature and future status of the inductive proximity sensors market during the forecast period.

Report Description

This research report provides a detailed analysis of the inductive proximity sensors market and offers insights about the various factors driving the popularity of inductive proximity sensors and their features. The report includes an extensive analysis of key industry drivers, restraints, market trends, and market structure. The inductive proximity sensors market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the inductive proximity sensors market based on type and industry across different regions globally.

The inductive proximity sensors market is expected to witness steady growth during the forecast period owing to the usage of inductive proximity sensor technology by large industries. 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.  

The report starts with an overview of the inductive proximity sensors market in terms of value. In addition, this section includes the analysis of key trends, drivers, and restraints from supply, demand, and economy, which are influencing the inductive proximity sensors market.

On the basis of their 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.

A detailed analysis has been provided for every segment in terms of market size analysis for the inductive proximity sensors market across different regions. This section provides a detailed analysis that covers the key trends in the global inductive proximity sensors market.

The next section provides a detailed analysis of the inductive proximity sensors market across various countries different regions. It provides a market outlook from 2018 to 2026 and sets the forecast within the context of the inductive proximity sensors market, which includes latest technological developments as well as offerings in the market. This study discusses key trends within countries contributing to the growth of the inductive proximity sensors market, as well as analyzes degree at which drivers are influencing the inductive proximity sensors market in each region. 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). This report evaluates the present scenario and the growth prospects of the inductive proximity sensors market across various regions globally for the period 2018 –2026. We have considered 2017 as the base year and provides data for the remaining 12 months.

To offer an accurate forecast, we started by sizing the current market, which forms the basis of how the inductive proximity sensors market will grow in the future. Given the characteristics of the market, we have triangulated the outcome of different types of analysis based on technology trends.

As previously highlighted, the global inductive proximity sensors market is split into a number of segments. All segments in terms of type, industry, and different regions are analyzed in terms of the basis points system to understand the relative contribution of an individual segment to the growth of the inductive proximity sensors market. This detailed information is important for the identification of various key trends in the global inductive proximity sensors market.

Another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global inductive proximity sensors market.

In the final section of the report, we include a competitive landscape to provide clients a dashboard view based on categories of providers in the value chain, their presence in inductive proximity sensors portfolio, and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the inductive proximity sensors supply chain and potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the inductive proximity sensors market. Key competitors covered in the inductive proximity sensors market report are 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:

  • 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.

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).

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

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.

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.

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.

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.

 

Back To Top