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According to a new market report by Lucintel, the future of the global ultrasonic sensor market looks promising with opportunities in the automotive, food & beverage, healthcare, oil & gas, and industrial industries. The global ultrasonic sensor market is expected to grow with a CAGR of 10% to12% from 2020 to 2025. The major growth drivers for this market are high demand for minimal invasive procedures and increasing demand for industrial automation to improve productivity, performance, and safety.

A total of XX figures / charts and XX tables are provided in more than 150 pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global ultrasonic sensor market report, please download the report brochure.


 
 

 

Growth in various segments of the ultrasonic sensor market are given below:
 
 



The study includes trends and forecast for the global ultrasonic sensor market by sensor type, application, end use industry, and region as follows:

By Sensor Type [$M shipment analysis for 2014 – 2025]:
  • Proximity Sensor 
  • Retro- Reflective Sensor 
  • Through Beam Sensor
  • Others

By Application [$M shipment analysis for 2014 – 2025]:
  • Level Measurement 
  • Distance Measurement
  • Diameter Measurement
  • Object & Pallet Detection
  • Others

By End Use Industry [$M shipment analysis for 2014 – 2025]:
  • Automotive
  • Food & Beverage
  • Oil & Gas
  • Healthcare
  • Industrial
  • Others 

By Region [$M shipment analysis for 2014 – 2025]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Rest of the World
 

Some of the ultrasonic sensor companies profiled in this report include Migatron Corp., Omron, Blatek Inc., Maxbotix, Philips, Vermon, Pepperl+Fuchs, Rockwell Automation, Esaote, and Acuson.

Lucintel forecasts that proximity sensor will remain the largest sensor type segment over the forecast period due to increasing use of ultrasonic proximity sensor in various food & beverage processing applications. 

Within this market, the object & pallet detection application segment is expected to witness the highest growth over the forecast period due to rising demand for obstacle detection in driverless cars.

North America will remain the largest region over the forecast period due to growth of the healthcare and automotive industries.


 
Features of the Global Ultrasonic Sensor  Market
 
  • Market size estimates: Global ultrasonic sensor market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by various segments and regions.
  • Segmentation analysis: Market size by various segments such as sensor type, application, end use industry, and region.
  • Regional analysis: Global ultrasonic sensor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in sensor type, application, end use industry, and region for global ultrasonic sensor market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of the global ultrasonic sensor market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.



 
This report answers following key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global ultrasonic sensor market by sensor type (proximity sensor, retro- reflective sensor, through beam sensor, and others), application (distance measurement, level measurement, diameter measurement, object & pallet detection, and others), end use industry (automotive, food & beverage, healthcare, oil & gas, and industrial, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW))?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the ultrasonic sensor market?
Q.6 What are the emerging trends in the ultrasonic sensor market and the reasons behind them?
Q.7 What are some changing demands of customers in the ultrasonic sensor market?
Q.8 What are the new developments in the ultrasonic sensor market? Which companies are leading these developments?
Q.9 Who are the major players in the ultrasonic sensor market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the ultrasonic sensor market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the ultrasonic sensor market?
 

 


Report Scope


Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates)
2014-2019
Forecast Period 2020-2025
Pages More than 150
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments Sensor Type (Proximity Sensor, Retro- reflective Sensor, Through Beam Sensor, and Others), Application (Distance Measurement, Level Measurement, Diameter Measurement, Object & Pallet Detection, and Others), End Use Industry (Automotive, Food & Beverage, Healthcare, Oil & Gas, and Industrial, and Others)
Regional Scope North America (USA, Mexico, and Canada), Europe (Germany, UK, and Italy), Asia (China, India, Japan, and South Korea), and ROW
Customization 10% Customization without Any Additional Cost

Table of Contents

 
1. Executive Summary

2. Market Trends and Forecast Analysis from 2014 to 2025
2.1: Introduction, Background, and Classification<