Proximity sensor market is expected to grow at a CAGR of 4%-6% by 2025 – An exclusive market research report by Lucintel

Proximity sensor market is expected to grow at a CAGR of 4%-6% by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Proximity Sensor Market
Trends, opportunities and forecast in proximity sensor market to 2025 by technology (inductive, capacitive, magnetic, photoelectric, ultrasonic, and others), product type (fixed and variable), sensing range (0 mm–20 mm sensing range, 20 mm–40 mm sensing range, and greater than 40 mm sensing range), end use industry (aerospace & defense, automotive, building automation, consumer electronics, food & beverage, industrial, healthcare, and others), and region (North America, Europe, Asia Pacific

Lucintel’s latest market report analyzed that proximity sensor provides attractive opportunities in the aerospace & defense, automotive, building automation, consumer electronics, food & beverage, industrial, and healthcare end use industries. The proximity sensor market is expected to grow at a CAGR of 4%-6%. In this market, automotive is the largest segment by end use industry.

Download Brochure of this report by clicking on https://www.lucintel.com/proximity-sensor-market.aspx

Based on end use industry, the proximity sensor market is segmented into aerospace & defense, automotive, building automation, consumer electronics, food & beverage, industrial, healthcare, and others. The automotive segment accounted for the largest share of the market in 2020 and it is expected to witness the highest growth over the forecast period because touch-free user interface is driving the adoption of proximity sensors in automotive applications.

Browse in-depth TOC on “Proximity Sensor Market”

XX – Tables

XX – Figures

150– Pages

The proximity sensor market is marked by the presence of several big and small players. Some of the prominent players offering proximity sensor include Avago Technologies, IFM Electronic GmbH, Schneider Electric, Panasonic Corporation, Balluff GmbH., Rockwell Automation, Omron Corporation, and Honeywell.  

 

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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