- December 28, 2020
- Category: Electronics, Next Generation Electronics
Global Ultrasonic Sensors Market Size study, by Type (Level Measurement, Obstacle Detection, Distance Measurement, Others), Technology (Retro-reflective Sensor, Through-beam Sensor, Others) End use (Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Industrial, Others) and Regional Forecasts 2020-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Ultrasonic sensors Market, by Region, 2018-2027 (USD Billion) 1.2.2. Ultrasonic sensors Market, by Type, 2018-2027 (USD Billion) 1.2.3. Ultrasonic sensors Market, by Technology, 2018-2027 (USD Billion) 1.2.4. Ultrasonic sensors Market, by End use, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Ultrasonic sensors Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Ultrasonic sensors Market Dynamics 3.1. Ultrasonic sensors Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. increasing use of ultrasonic sensors for the detection of object 3.1.3. diverse range requirement of various Material Handling 3.1.4. Market Challenges 3.1.5. Presence of alternate sensing technology 3.1.6. Inadequate Manufacturing Quality 3.1.7. Market Opportunities 3.1.8. The increase in demand of ultrasonic sensor in medical industry 3.1.9. Use of ultrasonic sensor in various applications Chapter 4. Global Ultrasonic sensors Market: Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economic 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Ultrasonic sensors Market, by Type 5.1. Market Snapshot 5.2. Global Ultrasonic sensors Market by Type, Performance- Potential Analysis 5.3. Global Ultrasonic sensors Market Estimates & Forecasts by Type 2017-2027 (USD Billion) 5.4. Ultrasonic sensors Market, Sub Segment Analysis 5.4.1. Level Measurement 5.4.2. Obstacle Detection 5.4.3. Distance Measurement 5.4.4. Others Chapter 6. Global Ultrasonic sensors Market, by Technology 6.1. Market Snapshot 6.2. Global Ultrasonic sensors Market by Technology, Performance- Potential Analysis 6.3. Global Ultrasonic sensors Market Estimates & Forecasts by Technology 2017-2027 (USD Billion) 6.4. Ultrasonic sensors Market, Sub Segment Analysis 6.4.1. Retro-reflective Sensor 6.4.2. Through-beam Sensor 6.4.3. Others Chapter 7. Global Ultrasonic sensors Market, by End use 7.1. Market Snapshot 7.2. Global Ultrasonic sensors Market by End use, Performance- Potential Analysis 7.3. Global Ultrasonic sensors Market Estimates & Forecasts by End use 2017-2027 (USD Billion) 7.4. Ultrasonic sensors Market, Sub Segment Analysis 7.4.1. Consumer Electronics 7.4.2. Automotive 7.4.3. Aerospace & Defence 7.4.4. Healthcare 7.4.5. Industrial 7.4.6. Others Chapter 8. Global Ultrasonic sensors Market, Regional Analysis 8.1. Ultrasonic sensors Market, Regional Market Snapshot 8.2. North America Ultrasonic sensors Market 8.2.1. U.S. Ultrasonic sensors Market 126.96.36.199. Type breakdown estimates & forecasts, 2017-2027 188.8.131.52. Technology breakdown estimates & forecasts, 2017-2027 184.108.40.206. End use breakdown estimates & forecasts, 2017-2027 8.2.2. Canada Ultrasonic sensors Market 8.3. Europe Ultrasonic sensors Market Snapshot 8.3.1. U.K. Ultrasonic sensors Market 8.3.2. Germany Ultrasonic sensors Market 8.3.3. France Ultrasonic sensors Market 8.3.4. Spain Ultrasonic sensors Market 8.3.5. Italy Ultrasonic sensors Market 8.3.6. Rest of Europe Ultrasonic sensors Market 8.4. Asia-Pacific Ultrasonic sensors Market Snapshot 8.4.1. China Ultrasonic sensors Market 8.4.2. India Ultrasonic sensors Market 8.4.3. Japan Ultrasonic sensors Market 8.4.4. Australia Ultrasonic sensors Market 8.4.5. South Korea Ultrasonic sensors Market 8.4.6. Rest of Asia Pacific Ultrasonic sensors Market 8.5. Latin America Ultrasonic sensors Market Snapshot 8.5.1. Brazil Ultrasonic sensors Market 8.5.2. Mexico Ultrasonic sensors Market 8.6. Rest of The World Ultrasonic sensors Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Balluff Inc. 220.127.116.11. KeyInformation 18.104.22.168. Overview 22.214.171.124. Financial (Subject to Data Availability) 126.96.36.199. Product Summary 188.8.131.52. Recent Developments 9.2.2. Banner Engineering Corp. 9.2.3. Baumer 9.2.4. Hans Turck GmbH & Co. KG 9.2.5. Ifm electronic GmbH 9.2.6. Murata Manufacturing Co., Ltd. 9.2.7. Pepperl+Fuchs GmbH 9.2.8. SICK AG 9.2.9. Siemens AG 9.2.10. Jamieson Equipment Co., Inc. Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Ultrasonic Sensors Market is valued approximately at USD 3.69 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2020-2027. Ultrasonic Sensors are electronic devices that measures the distance of a target object through emitting the ultrasonic sound waves and convert that reflected sound into the electrical signals. The increasing use of ultrasonic sensors for the detection of object and detection of pallet among the various industries as well as the diverse range requirement of material, handling, hygiene detection and processing are the major factors driving the growth of market in the forecast period. In October 2018, the merger of investors, including University of Bristol and IP group plc, for the development of ultrasonic sensors used for corrosion, monitoring cracks, and defects in metals. These sensors will enable the detection of defects in objects furthermore, in consideration to increase in demand for ultrasonic sensors for robotic applications such as object detection. However, the presence of other alternative sensing technology and inadequate manufacturing quality of sensor as per user expectation may impedes the growth of the market over the forecast period of 2020-2027. Also, the increasing demand of ultrasonic sensor in the medical industry for the use of application such as echo graphs and echo cardiograms is likely to increase the market growth during the forecast period.
The regional analysis of global Ultrasonic Sensors market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the increasing demand of minimally invasive surgeries, in these surgeries the ultrasonic sensors enable surgeons to operate with high precision. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising demand for factory automation would create lucrative growth prospects for the Ultrasonic Sensors market across Asia-Pacific region.
Major market player included in this report are:
Banner Engineering Corp.
Hans Turck GmbH & Co. KG
Ifm electronic GmbH
Murata Manufacturing Co., Ltd.
Jamieson Equipment Co., Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End use:
Aerospace & Defense
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Ultrasonic Sensors Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers