Proximity Sensors Cozy Into Comfortable Market Position

According to Persistence Market Research (PMR), the global inductive proximity sensors market is expected to register a global CAGR of 9.4% from 2018 to 2026. Global annual revenue from inductive proximity sensors, says PMR, was valued at $1,278.6 Million by the end of 2017, and is estimated to grow at a steady pace over the forecast period from 2018 to 2026. Value growth of the global inductive proximity sensors market is estimated to grow continuously with a CAGR of 9.4% during the forecast period.

 

Notable Predictions & Observations

Free Newsletter

Like this article? Subscribe to FierceSensors!

The sensors industry is constantly changing as innovation runs the market’s trends. FierceSensors subscribers rely on our suite of newsletters as their must-read source for the latest news, developments and analysis impacting their world. Register today to get sensors news and updates delivered right to your inbox.
  • SEA and Others of APAC, Europe, and North America will achieve significant market value shares by the end of the forecast period.
  • Inductive proximity sensors used to enable industrial automation are expected to register the most attractive growth.
  • Inductive proximity sensors functioning with amplifier in cable are expected to gain the highest market share penetration.
  • North American market is estimated to hold the highest market share due to growth in the consumer electronics sector.
  • Participants in the global inductive proximity sensors market include SICK AG; Panasonic Corporation; Omron Corporation; Datalogic S.p.A.; Keyence Corporation; Delta Electronics, Inc.; Au tonics Corporation; Rockwell Automation GmbH; Pepperl+Fuchs; and Riko Opto-electronics Co., Ltd. 

For more details, request a sample report.

 

ResearchMoz

518-621-2074

866-997-4948

[email protected]

https://www.researchmoz.us

Suggested Articles

Neuron on silicon uses only 140 nanowatts of power

Intel also bought Nervana for AI in 2016

Semiconductor supplier Analog Devices Inc. has sued Xilinx for violating its converter patents.