Proximity and Displacement Sensors Market Business overview, challenges, opportunities, trends and market analysis by 2020

Press Release

A proximity sensor is integrated in systems to detect the presence of an object of interest within the vicinity of the sensor. The function is featured with non-contact detection ensuring a high degree of reliability and durability of sensor. A displacement sensor measures the displacement of object of interest from one point to another. Today, the market for proximity and displacement sensors is in a progressive phase of its product life cycle. Rapidly growing demand of these sensors in the development of factory and process automation systems has increased the rivalry in the Proximity and Displacement (P&D) sensor market creating a healthy competitive environment in the market.

Rising trend of process automation in factories and the continuous growth of smartphone and tablet market, largely drive the proximity & displacement sensors market. In addition, the declining price trend is expected to drive the market exponentially. Growing popularity towards contact less sensing applications and the interest of automobile manufacturers towards the integration of sensor technology in automotive security and infotainment systems will eventually uplift the market for proximity and displacement sensors.

 

Get Sample of ” Proximity and Displacement Sensors Market ” Report  @  https://www.premiummarketinsights.com/sample/AMR00012649

 

Top Key Players of this Report 

Kaman Corporation , Keyence Corporation , Lion Precision, Micron Optics, Omron Corporation, Panasonic Corporation, Pepperl + Fuchs, Standex-Meder Electronics , TURCK, Inc.

The basic types of proximity sensors are inductive, photoelectric, capacitive, magnetic, LVDT, and ultrasonic Sensors. With multiplicity of applications, inductive type shows highest market share (more than 30%) during the forecast period of (2014-2020).

The application industries studied in the report include parking sensor systems, ground proximity warning system, anti-aircraft warfare, roller coasters, conveyor systems, vibration monitoring systems, assembly line testing, mobile devices and others. Parking sensor system holds the maximum revenue share presently, followed by conveyor system, and mobile devices.

The proximity and displacement sensors, in accordance to end users, are segmented into industries such as automotive, pharmaceutical, pulp and paper, food and beverages, manufacturing, elevators and escalators, & metals and mining. The automobile and manufacturing industries hold a higher market share with higher unit cost along with a higher size of demand.

Geographically, the global market is segmented across North America, Europe, Asia-Pacific, and LAMEA. North America was the leading region in proximity and displacement sensors market followed by Asia-Pacific in 2013. Most of the OEM’s are concentrated in North America & Asia-Pacific region. This is a key reason for the substantial market share in this region.

 

Place a  Direct Purchase of this Report –    https://www.premiummarketinsights.com/buy/AMR00012649

KEY BENEFITS

The report analyzes key market trends, industry growth, driving & limiting factors and opportunities of the global proximity and displacement sensor’s market for a better preview of the global market
The global geography analysis helps in identifying key players in the market and their strategic moves to maintain their position in the global market
Porter’s five force model highlights the market threats, and the competitive scenario which enables the stakeholders in the market to devise appropriate strategies
The analysis identifies potential prospects for players to expand their market presence and increase their market share
Research includes the micro level analysis based on sensor’s types, applications, end users and geographies to know the market dynamics in a better way

Table of Contents 

CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 GLOBAL PROXIMITY & DISPLACEMENT SENSORS MARKET BY TYPE
CHAPTER 5 GLOBAL PROXIMITY & DISPLACEMENT SENSORS MARKET BY APPLICATION
CHAPTER 6 GLOBAL PROXIMITY & DISPLACEMENT SENSORS MARKET BY END USER
CHAPTER 7 GLOBAL PROXIMITY & DISPLACEMENT SENSORS MARKET BY GEOGRAPHY

 

Contact Info: 
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876

 

About Premiummarketinsights:

Premiummarketinsights.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

This post was originally published on Trading Examiner

Comments are closed.