A new market study, titled “Proximity Sensor Market Size, Status and Forecast 2019-2025” has been featured on Market Research Future.

Proximity Sensor Market Research Report offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

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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.

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.

Press Release Content:

Market Research Future (MRFR) announces the publication of its half-cooked research report – global proximity sensor market 2019–2025. According to Market Research Future, the global proximity sensor market has been segmented on the basis of technology, end user, and region.

With continuous developments in industrial automation, the proximity sensor market is witnessing high demand. In industrial automation, proximity sensors are used in conveyor lines for counting and jam detection and in machine tools for safety interlock and sequencing. However, the highest demand for proximity sensors comes from the automotive sector. Proximity sensors are used for application such as parking assistance systems, infotainment systems, 3D gesture control systems, interior lighting control systems, and keyless entry systems in the automotive industry.

One of the important applications of proximity sensors is seen in parking assistance systems where these sensors detect the presence of objects in the path of the vehicle and raise alarm in order to warn the driver. These sensors are also used for preventing collision with pedestrians while parking the vehicle. Stringent regulations regarding automotive safety and growth of connected vehicles market are driving the adoption of proximity sensors across the automotive industry. Apart from automotive applications, proximity sensors are used in consumer electronics, aerospace & defense, food & beverages industries, among others.

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

By end user, the market has been segmented into aerospace & defense, automotive, industrial, consumer electronics, food & beverage, and others. The automotive segment holds a major market share in 2018, due to a large number of installations in automobiles for safety applications. The aerospace & defense segment is expected to grow at a significant CAGR during the forecast period.

On the basis of technology, the market has been segmented into inductive, capacitive, photoelectric, and magnetic. The photoelectric proximity sensor is expected to account for a significant market share due to its extensive application in automotive and material handling. The capacitive proximity sensor segment is expected to grow at the highest CAGR during the forecast period.

More Information :https://www.marketresearchfuture.com/reports/proximity-sensor-market-8191

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