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Report
Proximity Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 136 Pages I IMARC Group
The global proximity sensor market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.82% during 2023-2028.
A proximity sensor relies on sound, light, infrared radiation (IR), or electromagnetic fields to detect the presence or approach of objects within its vicinity. It identifies an object without physical contact and does not cause abrasion or damage to the target. It can work in harsh environmental conditions for identifying metallic and non-metallic objects and avoiding security challenges. As a result, a proximity sensor finds extensive applications in different industry verticals, such as aerospace, electronics, and manufacturing. At present, some of the commonly used proximity sensors include inductive, capacitive, photoelectric, and magnetic.
Proximity Sensor Market Trends:
The increasing automation in complex production systems represents one of the key factors propelling the growth of the market. Moreover, proximity sensors are widely utilized for measuring and controlling the gap between a robotic welding torch head and the work surface, detecting surface irregularities in machined parts, and monitoring bearing assembly processes. They are also used for gauging the thickness of metal plates in manufacturing operations and determining the angular speed at a steady state by counting the number of rotations per unit time. In addition, there is a rise in the employment of proximity sensors in automobiles for detecting the physical closeness of other vehicles. Besides this, ultrasonic and electromagnetic sensors are used in parking assistance and reverse warning applications. Apart from this, ultrasonic parking sensors can detect humans, which can help prevent backover accidents involving pedestrians. This, coupled with the thriving automotive industry, is positively influencing the market. Other factors stimulating the market growth include the increasing adoption of proximity sensors in robotics for collision avoidance and the proliferation of the industrial internet of things (IIoT) around the world.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global proximity sensor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, sensing range and end use industry.
Breakup by Technology:
Inductive
Capacitive
Photoelectric
Magnetic
Others
Breakup by Sensing Range:
0 MM-20 MM Sensing Range
20 MM-40 MM Sensing Range
Greater Than 40 MM Sensing Range
Breakup by End Use Industry:
Aerospace and Defense
Automotive
Industrial
Consumer Electronics
Food and Beverage
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Autonics Corporation, Balluff GmbH, Datalogic S.p.A., Fargo Controls Inc., Honeywell International Inc., Keyence Corporation, OMRON Corporation, Panasonic Corporation, Pepperl+Fuchs SE, Riko Opto-Electronics Technology Co. Ltd, Rockwell Automation Inc., Sick AG and STMicroelectronics.
Key Questions Answered in This Report
1. What was the size of the global proximity sensor market in 2022?
2. What is the expected growth rate of the global proximity sensor market during 2023-2028?
3. What are the key factors driving the global proximity sensor market?
4. What has been the impact of COVID-19 on the global proximity sensor market?
5. What is the breakup of the global proximity sensor market based on the technology?
6. What is the breakup of the global proximity sensor market based on the end use industry?
7. What are the key regions in the global proximity sensor market?
8. Who are the key players/companies in the global proximity sensor market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Proximity Sensor Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Inductive
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Capacitive
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Photoelectric
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Magnetic
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Sensing Range
7.1 0 MM-20 MM Sensing Range
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 20 MM-40 MM Sensing Range
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Greater Than 40 MM Sensing Range
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Aerospace and Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Consumer Electronics
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Food and Beverage
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Autonics Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Balluff GmbH
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Datalogic S.p.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Fargo Controls Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Honeywell International Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Keyence Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 OMRON Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Panasonic Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Pepperl+Fuchs SE
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Riko Opto-Electronics Technology Co. Ltd
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Rockwell Automation Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Sick AG
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 STMicroelectronics
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
Figure 1: Global: Proximity Sensor Market: Major Drivers and Challenges
Figure 2: Global: Proximity Sensor Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Proximity Sensor Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Proximity Sensor Market: Breakup by Technology (in %), 2022
Figure 5: Global: Proximity Sensor Market: Breakup by Sensing Range (in %), 2022
Figure 6: Global: Proximity Sensor Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Proximity Sensor Market: Breakup by Region (in %), 2022
Figure 8: Global: Proximity Sensor (Inductive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Proximity Sensor (Inductive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Proximity Sensor (Capacitive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Proximity Sensor (Capacitive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Proximity Sensor (Photoelectric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Proximity Sensor (Photoelectric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Proximity Sensor (Magnetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Proximity Sensor (Magnetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Proximity Sensor (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Proximity Sensor (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Proximity Sensor (0 MM-20 MM Sensing Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Proximity Sensor (0 MM-20 MM Sensing Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Proximity Sensor (20 MM-40 MM Sensing Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Proximity Sensor (20 MM-40 MM Sensing Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Proximity Sensor (Greater Than 40 MM Sensing Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Proximity Sensor (Greater Than 40 MM Sensing Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Proximity Sensor (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Proximity Sensor (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Proximity Sensor (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Proximity Sensor (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Proximity Sensor (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Proximity Sensor (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Proximity Sensor (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Proximity Sensor (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Proximity Sensor (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Proximity Sensor (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Proximity Sensor (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Proximity Sensor (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Proximity Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Proximity Sensor Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Proximity Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Proximity Sensor Industry: SWOT Analysis
Figure 86: Global: Proximity Sensor Industry: Value Chain Analysis
Figure 87: Global: Proximity Sensor Industry: Porter's Five Forces Analysis
Table 1: Global: Proximity Sensor Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Proximity Sensor Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Global: Proximity Sensor Market Forecast: Breakup by Sensing Range (in Million US$), 2023-2028
Table 4: Global: Proximity Sensor Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Proximity Sensor Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Proximity Sensor Market: Competitive Structure
Table 7: Global: Proximity Sensor Market: Key Players
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