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Ultrasonic Sensor Market to 2027 - Global Analysis and Forecasts By Type (Proximity Sensors, Retro- Reflective Sensors, Through Beam Sensors, Others); Application (Liquid Level Detection, Production Line, Distance Measurement, Others); Industry Vertical (Automotive, Food & Beverage, Medical, Oil & Gas, Industrial, and Others)

RnM3865199
13 January, 2020
Global
157 Pages
The Insight Partners
Electronics & Semiconductor

The global ultrasonic sensor market accounted for US$ 4.43 Bn in 2018 and is expected to grow at a CAGR of 8.4% over the forecast period 2019-2027, to account for US$ 9.09 Bn by 2027. Currently, the ultrasonic sensor market is gaining high momentum across the globe. Growth in the manufacturing and automotive industries would support the players of the respective industry to reap maximum profits. Countries such as the US, Germany, and China are witnessing huge growth in manufacturing industries, which is forecasted to boost the market growth. This factor offers worthy growth opportunities to the ultrasonic sensor market during the forecast period.

Globally, ultrasonic sensor market is experiencing an intense growth with regards to continuous investments in the ultrasonic technologies by the companies. The demand for industrial automation and industry 4.0 is flourishing with huge demand due to the development of ground-breaking technologies. As leading companies in this market continue to broaden its addressable market, by expanding their current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players face an increasing level of competition, both from regional players as well as the leading global companies across the world. Europe held the largest share of the ultrasonic sensor market in 2018, and it is expected to continue its dominance during the forecast period of 2019-2027. Whereas, Asia Pacific is anticipated to be the fastest growing region across the globe. Asia Pacific and North America held the second and third position in the global ultrasonic sensor market in 2018 with market shares of ~29% and ~26% respectively.

The overall ultrasonic sensor market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the ultrasonic sensor market. It also provides the overview and forecast for the global ultrasonic sensor market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the ultrasonic sensor market.

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Global Ultrasonic Sensor Market - By Type
- 1.3.2 Global Ultrasonic Sensor Market - By Application
- 1.3.3 Global Ultrasonic Sensor Market - By Industry Vertical
- 1.3.4 Global Ultrasonic Sensor Market - By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Ultrasonic Sensor Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 North America - PEST Analysis
- 4.2.2 Europe PEST Analysis
- 4.2.3 APAC PEST Analysis
- 4.2.4 Middle East & Africa PEST Analysis
- 4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Ultrasonic Sensor Market - Key Market Dynamics

5.1 Key Market Driver
- 5.1.1 Rapid expansion in manufacturing industry would stimulate the demand for ultrasonic sensors
- 5.1.2 Rising adoption of industrial automation in diverse industries
5.2 Key Market Restraint
- 5.2.1 Availability of substitute products in the market
5.3 Key Market Opportunity
- 5.3.1 Soaring Demand for autonomous vehicles to stimulate the market growth
5.4 Future Trend
- 5.4.1 Implementation of ultrasonic sensors in agriculture sector
5.5 Impact Analysis of Drivers and Restraints

6. Ultrasonic Sensor Market - Global Market Analysis

6.1 Overview
6.2 Global Ultrasonic Sensor Market Revenue and Forecasts To 2027 (US$ Mn)
6.3 Market Positioning - Five Key Players

7. Ultrasonic Sensor Market Analysis - By Type

7.1 Overview
7.2 Ultrasonic Sensor Market Breakdown, By Type, 2018 & 2027
7.3 Proximity Sensors
- 7.3.1 Overview
- 7.3.2 Proximity Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Retro- Reflective Sensors
- 7.4.1 Overview
- 7.4.2 Retro-Reflective Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Through Beam Sensors
- 7.5.1 Overview
- 7.5.2 Through Beam Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others Market Forecast and Analysis

8. Ultrasonic Sensor Market Analysis - By Application

8.1 Overview
8.2 Ultrasonic Sensor Market Breakdown, By Application, 2018 & 2027
8.3 Liquid Level Detection
- 8.3.1 Overview
- 8.3.2 Liquid Level Detection Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Production Line
- 8.4.1 Overview
- 8.4.2 Production Line Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Distance Measurement
- 8.5.1 Overview
- 8.5.2 Distance Measurement Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

9. Ultrasonic Sensor Market Analysis- By Industry Vertical

9.1 Overview
9.2 Global Ultrasonic Sensor Market Breakdown, By Industry Vertical, 2018 & 2027
9.3 Food and Beverage
- 9.3.1 Overview
- 9.3.2 Food and Beverage Market Forecast and Analysis
9.4 Medical
- 9.4.1 Overview
- 9.4.2 Medical Market Forecast and Analysis
9.5 Automotive
- 9.5.1 Overview
- 9.5.2 Automotive Market Forecast and Analysis
9.6 Oil & Gas
- 9.6.1 Overview
- 9.6.2 Oil & Gas Market Forecast and Analysis
9.7 Industrial
- 9.7.1 Overview
- 9.7.2 Industrial Market Forecast and Analysis
9.8 Others
- 9.8.1 Overview
- 9.8.2 Others Market Forecast and Analysis

10. Ultrasonic Sensor Market - Geographical Analysis

10.1 Overview
10.2 North America Ultrasonic Sensor Market Revenue and Forecasts to 2027
- 10.2.1 North America Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.2.2 North America Ultrasonic Sensor Market Breakdown, By Type
- 10.2.3 North America Ultrasonic Sensor Market Breakdown, By Application
- 10.2.4 North America Ultrasonic Sensor Market Breakdown, By Industry Vertical
- 10.2.5 North America Ultrasonic Sensor Market Breakdown, By Key Country
  - 10.2.5.1 US Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
  - 10.2.5.1.1 US Ultrasonic Sensor Market Breakdown, By Type
  - 10.2.5.1.2 US Ultrasonic Sensor Market Breakdown, By Application
  - 10.2.5.1.3 US Ultrasonic Sensor Market Breakdown, By Industry Vertical
  - 10.2.5.2 Canada Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
  - 10.2.5.2.1 Canada Ultrasonic Sensor Market Breakdown, By Type
  - 10.2.5.2.2 Canada Ultrasonic Sensor Market Breakdown, By Application
  - 10.2.5.2.3 Canada Ultrasonic Sensor Market Breakdown, By Industry Vertical
  - 10.2.5.3 Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
  - 10.2.5.3.1 Mexico Ultrasonic Sensor Market Breakdown, By Type
  - 10.2.5.3.2 Mexico Ultrasonic Sensor Market Breakdown, By Application
  - 10.2.5.3.3 Mexico Ultrasonic Sensor Market Breakdown, By Industry Vertical
  - 10.3 Europe Ultrasonic Sensor Market Revenue and Forecasts To 2027
    - 10.3.1 Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
    - 10.3.2 Europe Ultrasonic Sensor Market Breakdown, By Type
    - 10.3.3 Europe Ultrasonic Sensor Market Breakdown, By Application
    - 10.3.4 Europe Ultrasonic Sensor Market Breakdown, By Industry Vertical
    - 10.3.5 Europe Ultrasonic Sensor Market Breakdown, By Key Country
      - 10.3.5.1 Germany Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
      - 10.3.5.1.1 Germany Ultrasonic Sensor Market Breakdown, By Type
      - 10.3.5.1.2 Germany Ultrasonic Sensor Market Breakdown, By Application
      - 10.3.5.1.3 Germany Ultrasonic Sensor Market Breakdown, By Industry Vertical
      - 10.3.5.2 France Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
      - 10.3.5.2.1 France Ultrasonic Sensor Market Breakdown, By Type
      - 10.3.5.2.2 France Ultrasonic Sensor Market Breakdown, By Application
      - 10.3.5.2.3 France Ultrasonic Sensor Market Breakdown, By Industry Vertical
      - 10.3.5.3 Italy Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
      - 10.3.5.3.1 Italy Ultrasonic Sensor Market Breakdown, By Type
      - 10.3.5.3.2 Italy Ultrasonic Sensor Market Breakdown, By Application
      - 10.3.5.3.3 Italy Ultrasonic Sensor Market Breakdown, By Industry Vertical
      - 10.3.5.4 UK Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
      - 10.3.5.4.1 UK Ultrasonic Sensor Market Breakdown, By Type
      - 10.3.5.4.2 UK Ultrasonic Sensor Market Breakdown, By Application
      - 10.3.5.4.3 UK Ultrasonic Sensor Market Breakdown, By Industry Vertical
      - 10.3.5.5 Russia Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
      - 10.3.5.5.1 Russia Ultrasonic Sensor Market Breakdown, By Type
      - 10.3.5.5.2 Russia Ultrasonic Sensor Market Breakdown, By Application
      - 10.3.5.5.3 Russia Ultrasonic Sensor Market Breakdown, By Industry Vertical
      - 10.3.5.6 Rest of Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
      - 10.3.5.6.1 Rest of Europe Ultrasonic Sensor Market Breakdown, By Type
      - 10.3.5.6.2 Rest of Europe Ultrasonic Sensor Market Breakdown, By Application
      - 10.3.5.6.3 Rest of Europe Ultrasonic Sensor Market Breakdown, By Industry Vertical
      - 10.4 APAC Ultrasonic Sensor Market Revenue and Forecasts To 2027
        10.4.1 APAC Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.2 APAC Ultrasonic Sensor Market Breakdown, By Type
        10.4.3 APAC Ultrasonic Sensor Market Breakdown, By Application
        10.4.4 APAC Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.4.5 APAC Ultrasonic Sensor Market Breakdown, By Key Country
        10.4.5.1 Australia Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.5.1.1 Australia Ultrasonic Sensor Market Breakdown, By Type
        10.4.5.1.2 Australia Ultrasonic Sensor Market Breakdown, By Application
        10.4.5.1.3 Australia Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.4.5.2 China Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.5.2.1 China Ultrasonic Sensor Market Breakdown, By Type
        10.4.5.2.2 China Ultrasonic Sensor Market Breakdown, By Application
        10.4.5.2.3 China Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.4.5.3 India Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.5.3.1 India Ultrasonic Sensor Market Breakdown, By Type
        10.4.5.3.2 India Ultrasonic Sensor Market Breakdown, By Application
        10.4.5.3.3 India Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.4.5.4 Japan Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.5.4.1 Japan Ultrasonic Sensor Market Breakdown, By Type
        10.4.5.4.2 Japan Ultrasonic Sensor Market Breakdown, By Application
        10.4.5.4.3 Japan Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.4.5.5 South Korea Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.5.5.1 South Korea Ultrasonic Sensor Market Breakdown, By Type
        10.4.5.5.2 South Korea Ultrasonic Sensor Market Breakdown, By Application
        10.4.5.5.3 South Korea Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.4.5.6 Rest of APAC Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.4.5.6.1 Rest of APAC Ultrasonic Sensor Market Breakdown, By Type
        10.4.5.6.2 Rest of APAC Ultrasonic Sensor Market Breakdown, By Application
        10.4.5.6.3 Rest of APAC Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.5 Middle East and Africa Ultrasonic Sensor Market Revenue and Forecasts To 2027
        10.5.1 MEA Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.5.2 MEA Ultrasonic Sensor Market Breakdown, By Type
        10.5.3 MEA Ultrasonic Sensor Market Breakdown, By Application
        10.5.4 MEA Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.5.5 MEA Ultrasonic Sensor Market Breakdown, By Key Country
        10.5.5.1 South Africa Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.5.5.1.1 South Africa Ultrasonic Sensor Market Breakdown, By Type
        10.5.5.1.2 South Africa Ultrasonic Sensor Market Breakdown, By Application
        10.5.5.1.3 South Africa Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.5.5.2 Saudi Arabia Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.5.5.2.1 Saudi Arabia Ultrasonic Sensor Market Breakdown, By Type
        10.5.5.2.2 Saudi Arabia Ultrasonic Sensor Market Breakdown, By Application
        10.5.5.2.3 Saudi Arabia Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.5.5.3 UAE Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.5.5.3.1 UAE Ultrasonic Sensor Market Breakdown, By Type
        10.5.5.3.2 UAE Ultrasonic Sensor Market Breakdown, By Application
        10.5.5.3.3 UAE Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.5.5.4 Rest of MEA Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.5.5.4.1 Rest of MEA Ultrasonic Sensor Market Breakdown, By Type
        10.5.5.4.2 Rest of MEA Ultrasonic Sensor Market Breakdown, By Application
        10.5.5.4.3 Rest of MEA Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.6 South America Ultrasonic Sensor Market Revenue and Forecasts To 2027
        10.6.1 South America Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.6.2 South America Ultrasonic Sensor Market Breakdown, By Type
        10.6.3 South America Ultrasonic Sensor Market Breakdown, By Application
        10.6.4 South America Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.6.5 South America Ultrasonic Sensor Market Breakdown, By Key Country
        10.6.5.1 Brazil Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.6.5.1.1 Brazil Ultrasonic Sensor Market Breakdown, By Type
        10.6.5.1.2 Brazil Ultrasonic Sensor Market Breakdown, By Application
        10.6.5.1.3 Brazil Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.6.5.2 Argentina Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.6.5.2.1 Argentina Ultrasonic Sensor Market Breakdown, By Type
        10.6.5.2.2 Argentina Ultrasonic Sensor Market Breakdown, By Application
        10.6.5.2.3 Argentina Ultrasonic Sensor Market Breakdown, By Industry Vertical
        10.6.5.3 Rest of SAM Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
        10.6.5.3.1 Rest of SAM Ultrasonic Sensor Market Breakdown, By Type
        10.6.5.3.2 Rest of SAM Ultrasonic Sensor Market Breakdown, By Application
        10.6.5.3.3 Rest of SAM Ultrasonic Sensor Market Breakdown, By Industry Vertical
        11. Ultrasonic Sensor Market - Industry Landscape
        11.1 Overview
        11.2 Market Initiative
        11.3 New Development
        11.4 Merger and Acquisition
        12. Company Profiles
        12.1 Baumer group
        12.1.1 Key Facts
        12.1.2 Business Description
        12.1.3 Products and Services
        12.1.4 Financial Overview
        12.1.5 SWOT Analysis
        12.1.6 Key Developments
        12.2 Balluff GmbH
        12.2.1 Key Facts
        12.2.2 Business Description
        12.2.3 Products and Services
        12.2.4 Financial Overview
        12.2.5 SWOT Analysis
        12.2.6 Key Developments
        12.3 HONEYWELL INTERNATIONAL INC.
        12.3.1 Key Facts
        12.3.2 Business Description
        12.3.3 Products and Services
        12.3.4 Financial Overview
        12.3.5 SWOT Analysis
        12.3.6 Key Developments
        12.4 Keyence Corporation
        12.4.1 Key Facts
        12.4.2 Business Description
        12.4.3 Products and services
        12.4.4 Financial Overview
        12.4.5 SWOT Analysis
        12.4.6 Key Developments
        12.5 Murata Manufacturing Co., Ltd.
        12.5.1 Key Facts
        12.5.2 Business Description
        12.5.3 Product and Services
        12.5.4 Financial Overview
        12.5.5 SWOT Analysis
        12.5.6 Key Developments
        12.6 Migatron Corporation
        12.6.1 Key Facts
        12.6.2 Business Description
        12.6.3 Products and Services
        12.6.4 Financial Overview
        12.6.5 SWOT Analysis
        12.6.6 Key Developments
        12.7 Omron Corporation
        12.7.1 Key Facts
        12.7.2 Business Description
        12.7.3 Products and Services
        12.7.4 Financial Overview
        12.7.5 SWOT Analysis
        12.7.6 Key Developments
        12.8 Pepperl+Fuchs AG
        12.8.1 Key Facts
        12.8.2 Business Description
        12.8.3 Products and Services
        12.8.4 Financial Overview
        12.8.5 SWOT Analysis
        12.8.6 Key Developments
        12.9 Rockwell Automation, Inc.
        12.9.1 Key Facts
        12.9.2 Business Description
        12.9.3 Products and services
        12.9.4 Financial Overview
        12.9.5 SWOT Analysis
        12.9.6 Key Developments
        12.10 Siemens AG
        12.10.1 Key Facts
        12.10.2 Business Description
        12.10.3 Products and Services
        12.10.4 Financial Overview
        12.10.5 SWOT Analysis
        12.10.6 Key Developments
        13. Appendix
        13.1 About The Insight Partners
        13.2 Glossary
        L

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Summary:
Get latest Market Research Reports on Ultrasonic Sensor . Industry analysis & Market Report on Ultrasonic Sensor is a syndicated market report, published as Ultrasonic Sensor Market to 2027 - Global Analysis and Forecasts By Type (Proximity Sensors, Retro- Reflective Sensors, Through Beam Sensors, Others); Application (Liquid Level Detection, Production Line, Distance Measurement, Others); Industry Vertical (Automotive, Food & Beverage, Medical, Oil & Gas, Industrial, and Others). It is complete Research Study and Industry Analysis of Ultrasonic Sensor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

Last updated on 13 January, 2020

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Report Detail

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Table Of Content

TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Ultrasonic Sensor Market Landscape

5. Ultrasonic Sensor Market - Key Market Dynamics

6. Ultrasonic Sensor Market - Global Market Analysis

7. Ultrasonic Sensor Market Analysis - By Type

8. Ultrasonic Sensor Market Analysis - By Application

9. Ultrasonic Sensor Market Analysis- By Industry Vertical

10. Ultrasonic Sensor Market - Geographical Analysis

11. Ultrasonic Sensor Market - Industry Landscape

12. Company Profiles

13. Appendix

L

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