조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년07월
Proximity Sensor Market – Global Forecast To 2030
근접 센서 시장 – 기술(유도, 용량, 자기, 광전/광학, 초음파), 제품 유형(고정 거리, 조정 가능한 거리), 범위, 출력, 최종 사용자 산업 및 지역별 – 2030년까지의 세계 예측
Proximity Sensor Market by Technology (Inductive, Capacitive, Magnetic, Photoelectric/Optical, Ultrasonic), Product Type (Fixed distance, Adjustable distance), Range, Output, End-user Industry and Region – Global Forecast to 2030
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Report Overview
The proximity sensor market is projected to grow from USD 4.3 billion in 2024 and is projected to reach USD 6.6 billion by 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030 by The increasing adoption of non-contact sensors, expanding market of smart home devices.
근접 센서 시장은 2024년 43억 달러에서 성장할 것으로 예상되며, 2030년까지 66억 달러에 이를 것으로 예측됩니다. 비접촉 센서 채택 증가와 스마트 홈 디바이스 시장 확대로 2024년부터 2030년까지 7.5%의 CAGR로 성장할 것으로 예상됩니다.
“Inductive technology segment to hold the largest share during the forecast period.”
Due to solid-state technology, the inductive sensor is highly resistant to industrial environments, including dust, dirt, moisture, and extreme temperatures. That makes the devices especially appropriate for manufacturing plants and assembly lines where reliability is of prime concern. These sensors shall find applications in various industrial automation and automotive manufacturing. In the field of robotics, they realize position detection so that a robotic arm will move to the exact spot time and again to conduct a task. They are also widely used to count and sort parts on moving conveyor belts, increasing productivity. “In the market for the product type segment, fixed distance is likely to have the largest share over the forecast period.”
“Market for Fixed Distance Product Type segment is projected to hold for the largest share during the forecast timeline.”
Fixed-distance proximity sensors are the modern electronic development designed to determine whether an object exists or not within a range from it without touching it. Their working technologies include ultrasonic, infrared sensing, and capacitive sensors, all of which work together in recognizing an object without touching it and have applications in industrial automation, automotive, and consumer electronics. The prime intention of fixed-distance proximity sensors is to measure distance accurately, wherein automation systems can make decisions instantly on proximity to any object.
“Market for Up to <10 mm segment holds for largest market share during the forecast period.”
Companies are continuously innovating proximity sensors with less range, which is expected to boost the demand for proximity sensors, especially in the booming market of wearable devices and consumer electronics. The ability to seamlessly integrate advanced functionality into increasingly smaller devices aligns perfectly with current trends toward miniaturization and enhanced user convenience. Consequently, manufacturers will be compelled to adopt these sensors to meet consumer expectations for more innovative, more responsive products, accelerating the overall growth of the proximity sensor market.
“The Analog segment holds the largest share during the forecast period.”
“The analog segment is likely to hold the biggest market share during the forecast period.”
These proximity sensors are analog and, hence, of great importance to most industries because they provide a continuous signal regarding changes in distance or proximity between the sensor and a target object. They are primarily applied in industries that need accurate and timely data from monitoring activities, such as the auto-manufacturing and aerospace industries, including industrial automation. Key players operating in the analog proximity sensor market include Pepperl+Fuchs, OMRON Corporation, and SICK AG, which are significant players owing to their robust product portfolio and continuous technology advancement.
“Market for Automotive segment is projected to hold the largest share during the forecast timeline.”
Proximity sensors are increasingly implemented as core devices in the automotive industry toward developing vehicle function and security. These sensors do not have to make physical contact. They are among the vision-sensing technologies, forming core advanced driver-assistance systems, including parking assistance, blind-spot detection, collision avoidance, and automated braking. They provide real-time data enabling drivers to negotiate their way around safely and efficiently with reduced chances of accidents. In this line of requirement, the precision and reliability of such sensors are essential because autonomous driving technologies have to depend on accurate environmental perception.
“Asia Pacific is expected to have the second-highest CAGR during the forecast period.”
While Asia-Pacific has taken the lead in global automotive production, Japan, South Korea, China, and India have dominated the Asian region. Proximity sensors are said to be the heart of all applications, from ADAS and parking assistance to collision avoidance systems, according to modern automotive markets. The growing acceptance of electric vehicles in countries like China and Japan boosts the demand for sensors utilized in battery management and safety features. In 2023, China accounted for 57 percent of the world’s EV sales, according to the East Asia Forum. By 2025, this will mean Chinese EV makers are on course for as many as 36 million EVs each year, making it highly important for the
automotive sensor market’s current and short-term future states, Governments across the Asia Pacific are investing vastly in innovative city initiatives to improve the quality and sustainability of urban life. Proximity sensors are applied in many smart infrastructures, such as those in traffic contral, environmental observation, and automated light management. For instance, LoT technologies and sensor networks are integrated in cities such as Singapore and Seoul to enhance and optimize public safety and resource use. Such projects developed a huge demand for proximity sensors in the region.
Extensive primary interviews were conducted with key industry experts in the proximity sensor market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below: The break-up of the profile of primary participants in the proximity sensor market:
- By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
- By Designation: C Level – 45%, Director Level – 35%, Others-20%
- By Region: North America – 40%, Europe – 18%, Asia Pacific – 35%, ROW- 7%
The report profiles key players in the proximity sensor market and analyzes their respective market rankings. Prominent players profiled in this report are OMRON Corporation (Japan), KEYENCE CORPORATION (Japan), Panasonic Corporation (Japan), SICK AG (Germany), STMicroelectronics (Switzerland), Rockwell Automation (US), Delta Electronics, Inc. (Taiwan), Honeywell International Inc. (US), Broadcom (US), Schneider Electric (France), ZF Friedrichshafen AG (Germany), Balluff Automation India Pvt. Ltd. (India), Pepperl+Fuchs SE (Germany), Baumer (Switzerland), Banner Engineering Corp. (US), among others.
Apart from this, Autonics Corporation (South Korea), ifm electronic gmbh (Germany), Leuze electronic Pvt. Ltd. (Germany), Hans Turck GmbH & Co. KG (Germany), Fargo Controls Inc. (New Jersey), TMSS France (France), Migration Corp. ( Australia), Infinite Electronics International, Inc. (US), Senstronic (France), HTMSensors (US), are among a few emerging companies in the proximity sensor market.
Research Coverage: This research report categorizes the proximity sensor market based on technology, Product Type, Range, Output, End-use Industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the proximity sensor market and forecasts the same till 2030. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the proximity sensor ecosystem.
Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall proximity sensor market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (rising governments and regulatory bodies mandating the inclusion of ADAS features in vehicles; the expanding integration of proximity sensors into medical devices such as wireless monitors and wearable sensors) influencing the growth of the proximity sensor market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Proximity Sensor market.
- Market Development: Comprehensive information about lucrative markets – the report analyzes the proximity sensor market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the proximity sensor market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like OMRON Corporation (Japan), KEYENCE CORPORATION (Japan), Panasonic Corporation (Japan), SICK AG (Germany), STMicroelectronics (Switzerland), among others in the proximity sensor market.
Table of Contents
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKET COVERED 25
1.3.2 INCLUSIONS AND EXCLUSIONS 26
1.3.3 YEARS CONSIDERED 26
1.4 CURRENCY CONSIDERED 27
1.5 UNITS CONSIDERED 27
1.6 LIMITATIONS 27
1.7 STAKEHOLDERS 27
1.8 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of key secondary sources 31
2.1.1.2 Key data from secondary sources 31
2.1.2 PRIMARY DATA 32
2.1.2.1 List of primary interview participants 32
2.1.2.2 Key data from primary sources 33
2.1.2.3 Key industry insights 33
2.1.2.4 Breakdown of primaries 34
2.1.3 SECONDARY AND PRIMARY RESEARCH 35
2.2 MARKET SIZE ESTIMATION METHODOLOGY 36
2.2.1 BOTTOM-UP APPROACH 37
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side) 37
2.2.2 TOP-DOWN APPROACH 38
2.2.2.1 Approach to arrive at market size using top-down analysis
(supply side) 38
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 40
2.4 RESEARCH ASSUMPTIONS 41
2.5 RESEARCH LIMITATIONS 41
2.6 RISK ANALYSIS 42
3 EXECUTIVE SUMMARY 43
4 PREMIUM INSIGHTS 48
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROXIMITY SENSOR MARKET 48
4.2 PROXIMITY SENSOR MARKET, BY TECHNOLOGY 48
4.3 PROXIMITY SENSOR MARKET, BY PRODUCT TYPE 49
4.4 PROXIMITY SENSOR MARKET, BY RANGE 49
4.5 PROXIMITY SENSOR MARKET, BY OUTPUT 50
4.6 PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY 50
4.7 PROXIMITY SENSOR MARKET, BY COUNTRY 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
5.2.1 DRIVERS 53
5.2.1.1 Increasing adoption of Industry 4.0 technologies 53
5.2.1.2 Growing preference for non-contact sensors 54
5.2.1.3 Mounting demand for smart home devices and consumer electronics 55
5.2.1.4 Increasing adoption of ADAS and vehicle safety systems 55
5.2.2 RESTRAINTS 57
5.2.2.1 Limited sensing range 57
5.2.2.2 High price sensitivity in emerging economies 58
5.2.3 OPPORTUNITIES 59
5.2.3.1 Surging adoption of industrial robots 59
5.2.3.2 Increasing use in industrial applications due to
technological advancements 60
5.2.3.3 Growing trend of sensor miniaturization 61
5.2.4 CHALLENGES 62
5.2.4.1 Availability of alternative sensing technologies 62
5.2.4.2 Cybersecurity risks associated with IoT sensors 63
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 64
5.4 PRICING ANALYSIS 65
5.4.1 AVERAGE SELLING PRICE TREND OF BY KEY PLAYERS, BY TECHNOLOGY 65
5.4.2 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY 66
5.4.3 INDICATIVE PRICING TREND, BY REGION 67
5.5 VALUE CHAIN ANALYSIS 68
5.6 ECOSYSTEM ANALYSIS 71
5.7 INVESTMENT AND FUNDING SCENARIO 73
5.8 IMPACT OF ARTIFICIAL INTELLIGENCE/GEN AI ON PROXIMITY SENSOR MARKET 74
5.9 TECHNOLOGY ANALYSIS 75
5.9.1 KEY TECHNOLOGIES 75
5.9.1.1 Microcontrollers 75
5.9.1.2 Miniaturized sensors 75
5.9.2 COMPLEMENTARY TECHNOLOGIES 76
5.9.2.1 Sensor fusion 76
5.9.2.2 Micro-electro-mechanical systems (MEMS) 76
5.9.3 ADJACENT TECHNOLOGIES 77
5.9.3.1 Artificial intelligence and Internet of Things 77
5.9.3.2 Augmented reality (AR) and virtual reality (VR) 77
5.10 PATENT ANALYSIS 78
5.11 TRADE ANALYSIS 83
5.11.1 IMPORT SCENARIO (HS CODE 853690) 83
5.11.2 EXPORT SCENARIO (HS CODE 853690) 84
5.12 KEY CONFERENCES AND EVENTS, 2024–2025 84
5.13 CASE STUDY ANALYSIS 86
5.13.1 SEED PROCESSING FACILITY DEPLOYS IPH INDUCTIVE PROXIMITY SENSORS TO IMPROVE VALVE POSITION DETECTION 86
5.13.2 SCANDINAVIAN WILDLIFE RESEARCHERS ADOPT GPS COLLARS WITH PROXIMITY SENSORS TO GATHER MULTISPECIES INTERACTION DATA 87
5.13.3 RECREATIONAL VEHICLE MANUFACTURERS DEPLOY PROXIMITY SENSORS TO ENSURE OPERATIONAL SAFETY 87
5.13.4 INDUSTRIAL PIPE MILL UTILIZES INDUCTIVE PROXIMITY SENSORS FOR RELIABLE DETECTION OF HOLLOW PIPES 88
5.13.5 ADVANCED ROBOTICS INTEGRATES PROXIMITY SENSORS FOR
PRECISE OBJECT DETECTION AND COLLISION AVOIDANCE 89
5.14 REGULATORY LANDSCAPE 89
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 90
5.14.2 STANDARDS 93
5.15 PORTER’S FIVE FORCES ANALYSIS 95
5.15.1 THREAT OF NEW ENTRANTS 96
5.15.2 THREAT OF SUBSTITUTES 96
5.15.3 BARGAINING POWER OF SUPPLIERS 96
5.15.4 BARGAINING POWER OF BUYERS 96
5.15.5 INTENSITY OF COMPETITIVE RIVALRY 96
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA 97
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
5.16.2 BUYING CRITERIA 98
6 PROXIMITY SENSOR MARKET, BY TECHNOLOGY 99
6.1 INTRODUCTION 100
6.2 INDUCTIVE 103
6.2.1 RESISTANCE TO HARSH INDUSTRIAL ENVIRONMENTS TO
AUGMENT SEGMENTAL GROWTH 103
6.3 CAPACITIVE 106
6.3.1 COST-EFFECTIVENESS AND VERSATILITY TO CONTRIBUTE TO
SEGMENTAL GROWTH 106
6.4 MAGNETIC 109
6.4.1 STRONG FOCUS ON ENHANCING ELECTRIC VEHICLE SAFETY TO
FUEL SEGMENTAL GROWTH 109
6.5 PHOTOELECTRIC/OPTICAL 111
6.5.1 LONG SENSING DISTANCE AND HIGH RESPONSE SPEED TO ACCELERATE SEGMENTAL GROWTH 111
6.6 ULTRASONIC 114
6.6.1 GROWING DEMAND FOR AUTONOMOUS VEHICLES TO FOSTER
SEGMENTAL GROWTH 114
6.7 OTHER TECHNOLOGIES 117
7 PROXIMITY SENSOR MARKET, BY PRODUCT TYPE 120
7.1 INTRODUCTION 121
7.2 FIXED DISTANCE 122
7.2.1 RISING ADOPTION IN MANUFACTURING PLANTS TO ENSURE EFFICIENT MATERIAL HANDLING TO BOOST SEGMENTAL GROWTH 122
7.3 ADJUSTABLE DISTANCE 123
7.3.1 INCREASING DEPLOYMENT IN ROBOT ASSEMBLY LINES TO OPTIMIZE PRODUCTION EFFICIENCY TO FUEL SEGMENTAL GROWTH 123
8 PROXIMITY SENSOR MARKET, BY RANGE 126
8.1 INTRODUCTION 127
8.2 <10 MM 128
8.2.1 RISING ADOPTION OF WEARABLE ELECTRONICS AND KEYLESS ENTRY SYSTEMS TO BOOST SEGMENTAL GROWTH 128
8.3 10–20 MM 129
8.3.1 INCREASING IMPLEMENTATION OF ADVANCED DRIVER-ASSISTANCE SYSTEMS AND SMART VEHICLE TECHNOLOGIES TO DRIVE MARKET 129
8.4 21–40 MM 131
8.4.1 RISING EMPHASIS ON INDUSTRIAL AUTOMATION TO CONTRIBUTE TO SEGMENTAL GROWTH 131
8.5 >40 MM 132
8.5.1 SURGING DEPLOYMENT OF INDUSTRY 4.0 TECHNOLOGIES TO
AUGMENT SEGMENTAL GROWTH 132
9 PROXIMITY SENSOR MARKET, BY OUTPUT 134
9.1 INTRODUCTION 135
9.2 ANALOG 136
9.2.1 REQUIREMENT FOR PRECISE AND REAL-TIME MONITORING IN
INDUSTRIAL FACILITIES TO FUEL SEGMENTAL GROWTH 136
9.3 DIGITAL 137
9.3.1 PROLIFERATION OF IOT DEVICES AND INDUSTRIAL AUTOMATION TO
BOLSTER SEGMENTAL GROWTH 137
10 PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY 138
10.1 INTRODUCTION 139
10.2 AEROSPACE & DEFENSE 141
10.2.1 RISING EMPHASIS ON SAFETY, EFFICIENCY, AND AUTOMATION TO
FOSTER SEGMENTAL GROWTH 141
10.3 AUTOMOTIVE 143
10.3.1 MOUNTING DEMAND FOR AUTONOMOUS VEHICLES TO CONTRIBUTE TO SEGMENTAL GROWTH 143
10.4 PHARMACEUTICALS 145
10.4.1 INCREASING FOCUS ON ENSURING QUALITY COMPLIANCE TO
BOOST SEGMENTAL GROWTH 145
10.5 MANUFACTURING 147
10.5.1 GROWING TREND TOWARD SMART FACTORIES TO ACCELERATE
SEGMENTAL GROWTH 147
10.6 BUILDING AUTOMATION 149
10.6.1 RISING CONCERN ABOUT UNAUTHORIZED ACCESS TO BOOST
SEGMENTAL GROWTH 149
10.7 CONSUMER ELECTRONICS 151
10.7.1 MOUNTING DEMAND FOR IOT-CONNECTED DEVICES TO FOSTER
SEGMENTAL GROWTH 151
10.8 OTHER END-USE INDUSTRIES 153
11 PROXIMITY SENSOR MARKET, BY REGION 156
11.1 INTRODUCTION 157
11.2 NORTH AMERICA 158
11.2.1 US 162
11.2.1.1 Increasing focus on smart city initiatives to augment market growth 162
11.2.2 CANADA 163
11.2.2.1 Mounting demand for vehicles equipped with advanced technologies to boost market growth 163
11.2.3 MEXICO 163
11.2.3.1 Rising export of vehicle parts and manufacturing facility expansion to fuel market growth 163
11.3 EUROPE 164
11.3.1 UK 167
11.3.1.1 Escalating adoption of electric vehicles to meet net-zero emission targets to drive market 167
11.3.2 GERMANY 168
11.3.2.1 Increasing allocation of funds to support clean transportation to augment market growth 168
11.3.3 ITALY 169
11.3.3.1 Rising investment in next-generation vehicles with safety features to boost market growth 169
11.3.4 REST OF EUROPE 169
11.4 ASIA PACIFIC 170
11.4.1 CHINA 173
11.4.1.1 Rising deployment of advanced technologies in manufacturing sector to bolster market growth 173
11.4.2 SOUTH KOREA 174
11.4.2.1 Increasing production of consumer electronics to contribute to market growth 174
11.4.3 INDIA 175
11.4.3.1 Rising initiatives to promote smart cities to accelerate market growth 175
11.4.4 REST OF ASIA PACIFIC 176
11.5 ROW 176
11.5.1 MIDDLE EAST 179
11.5.1.1 Increasing smart city initiatives to contribute to market growth 179
11.5.1.2 GCC countries 180
11.5.1.3 Rest of Middle East 181
11.5.2 AFRICA 181
11.5.2.1 Rising deployment of advanced technologies to improve agricultural productivity to fuel market growth 181
11.5.3 SOUTH AMERICA 182
11.5.3.1 Burgeoning demand for electric vehicles to foster market growth 182
12 COMPETITIVE LANDSCAPE 183
12.1 OVERVIEW 183
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 183
12.3 REVENUE ANALYSIS, 2019–2023 186
12.4 MARKET SHARE ANALYSIS, 2023 186
12.5 COMPANY VALUATION AND FINANCIAL METRICS 190
12.6 BRAND/PRODUCT COMPARISON 191
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 192
12.7.1 STARS 192
12.7.2 EMERGING LEADERS 192
12.7.3 PERVASIVE PLAYERS 192
12.7.4 PARTICIPANTS 192
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 194
12.7.5.1 Company footprint 194
12.7.5.2 Technology footprint 194
12.7.5.3 Product type footprint 195
12.7.5.4 Range footprint 196
12.7.5.5 Output footprint 197
12.7.5.6 End-use industry footprint 197
12.7.5.7 Region footprint 198
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 199
12.8.1 PROGRESSIVE COMPANIES 199
12.8.2 RESPONSIVE COMPANIES 199
12.8.3 DYNAMIC COMPANIES 199
12.8.4 STARTING BLOCKS 199
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 200
12.8.5.1 Detailed list of key startups/SMEs 200
12.8.5.2 Competitive benchmarking of key startups/SMEs 201
12.9 COMPETITIVE SCENARIO AND TRENDS 203
12.9.1 PRODUCT LAUNCHES 203
12.9.2 DEALS 204
13 COMPANY PROFILES 206
13.1 KEY PLAYERS 206
13.1.1 OMRON CORPORATION 206
13.1.1.1 Business overview 206
13.1.1.2 Products/Solutions/Services offered 207
13.1.1.3 Recent developments 213
13.1.1.3.1 Product launches 213
13.1.1.3.2 Deals 213
13.1.1.4 MnM view 214
13.1.1.4.1 Key strengths/Right to win 214
13.1.1.4.2 Strategic choices 214
13.1.1.4.3 Weaknesses/Competitive threats 214
13.1.2 KEYENCE CORPORATION 215
13.1.2.1 Business overview 215
13.1.2.2 Products/Solutions/Services offered 216
13.1.2.3 MnM view 218
13.1.2.3.1 Key strengths/Right to win 218
13.1.2.3.2 Strategic choices 218
13.1.2.3.3 Weaknesses/Competitive threats 218
13.1.3 PANASONIC CORPORATION 219
13.1.3.1 Business overview 219
13.1.3.2 Products/Solutions/Services offered 220
13.1.3.3 Recent developments 222
13.1.3.3.1 Deals 222
13.1.3.4 MnM view 223
13.1.3.4.1 Key strengths/Right to win 223
13.1.3.4.2 Strategic choices 223
13.1.3.4.3 Weaknesses/Competitive threats 223
13.1.4 SICK AG 224
13.1.4.1 Business overview 224
13.1.4.2 Products/Solutions/Services offered 225
13.1.4.3 Recent developments 230
13.1.4.3.1 Product launches 230
13.1.4.3.2 Deals 231
13.1.4.4 MnM view 231
13.1.4.4.1 Key strengths/Right to win 231
13.1.4.4.2 Strategic choices 231
13.1.4.4.3 Weaknesses/Competitive threats 231
13.1.5 STMICROELECTRONICS 232
13.1.5.1 Business overview 232
13.1.5.2 Products/Solutions/Services offered 233
13.1.5.3 Recent developments 234
13.1.5.3.1 Product launches 234
13.1.5.3.2 Deals 235
13.1.5.3.3 Others 235
13.1.5.4 MnM view 236
13.1.5.4.1 Key strengths/Right to win 236
13.1.5.4.2 Strategic choices 236
13.1.5.4.3 Weaknesses/Competitive threats 236
13.1.6 ROCKWELL AUTOMATION 237
13.1.6.1 Business overview 237
13.1.6.2 Products/Solutions/Services offered 238
13.1.6.3 Recent developments 240
13.1.6.3.1 Deals 240
13.1.6.3.2 Expansions 240
13.1.7 DELTA ELECTRONICS, INC. 241
13.1.7.1 Business overview 241
13.1.7.2 Products/Solutions/Services offered 242
13.1.7.3 Recent developments 243
13.1.7.3.1 Others 243
13.1.8 HONEYWELL INTERNATIONAL INC. 244
13.1.8.1 Business overview 244
13.1.8.2 Products/Solutions/Services offered 245
13.1.8.3 Recent developments 246
13.1.8.3.1 Deals 246
13.1.8.3.2 Others 247
13.1.9 BROADCOM 248
13.1.9.1 Business overview 248
13.1.9.2 Products/Solutions/Services offered 249
13.1.9.3 Recent developments 251
13.1.9.3.1 Deals 251
13.1.9.3.2 Others 251
13.1.10 SCHNEIDER ELECTRIC 252
13.1.10.1 Business overview 252
13.1.10.2 Products/Solutions/Services offered 253
13.1.10.3 Recent developments 254
13.1.10.3.1 Deals 254
13.1.10.3.2 Others 255
13.1.11 ZF FRIEDRICHSHAFEN AG 256
13.1.11.1 Business overview 256
13.1.11.2 Products/Solutions/Services offered 257
13.1.11.3 Recent developments 259
13.1.11.3.1 Deals 259
13.1.12 BALLUFF AUTOMATION INDIA PVT. LTD. 260
13.1.12.1 Business overview 260
13.1.12.2 Products/Solutions/Services offered 261
13.1.13 PEPPERL+FUCHS SE 265
13.1.13.1 Business overview 265
13.1.13.2 Products/Solutions/Services offered 266
13.1.13.3 Recent developments 266
13.1.13.3.1 Deals 266
13.1.13.3.2 Others 267
13.1.14 BAUMER 268
13.1.14.1 Business overview 268
13.1.14.2 Products/Solutions/Services offered 269
13.1.14.3 Recent developments 271
13.1.14.3.1 Others 271
13.1.15 BANNER ENGINEERING CORP. 272
13.1.15.1 Business overview 272
13.1.15.2 Products/Solutions/Services offered 272
13.2 OTHER PLAYERS 277
13.2.1 AUTONICS CORPORATION 277
13.2.2 IFM ELECTRONIC GMBH 278
13.2.3 LEUZE ELECTRONIC PVT. LTD. 279
13.2.4 HANS TURCK GMBH & CO. KG 280
13.2.5 FARGO CONTROLS INC. 281
13.2.6 TMSS FRANCE 282
13.2.7 MIGRATION CORP. 283
13.2.8 INFINITE ELECTRONICS INTERNATIONAL, INC. 284
13.2.9 SENSTRONIC 285
13.2.10 HTMSENSORS 286
14 APPENDIX 287
14.1 INSIGHTS FROM INDUSTRY EXPERTS 287
14.2 DISCUSSION GUIDE 288
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 292
14.4 CUSTOMIZATION OPTIONS 294
14.5 RELATED REPORTS 294
14.6 AUTHOR DETAILS 295
LIST OF TABLES
TABLE 1 PROXIMITY SENSOR MARKET: RISK ANALYSIS 42
TABLE 2 INDICATIVE PRICING TREND OF PROXIMITY SENSORS OFFERED BY KEY PLAYERS, BY TECHNOLOGY, 2020–2023 (USD) 66
TABLE 3 AVERAGE SELLING PRICE TREND OF PROXIMITY SENSORS, BY TECHNOLOGY, 2020–2023 (USD) 67
TABLE 4 INDICATIVE PRICING TREND OF PROXIMITY SENSORS, BY REGION,
2020–2023 (USD) 67
TABLE 5 ROLE OF COMPANIES IN PROXIMITY SENSOR ECOSYSTEM 72
TABLE 6 LIST OF PATENTS, 2022–2024 78
TABLE 7 LIST OF KEY CONFERENCES AND EVENTS, 2024–2025 84
TABLE 8 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 90
TABLE 9 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 91
TABLE 10 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 92
TABLE 11 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 93
TABLE 12 NORTH AMERICA: SAFETY STANDARDS 94
TABLE 13 EUROPE: SAFETY STANDARDS 94
TABLE 14 ASIA PACIFIC: SAFETY STANDARDS 94
TABLE 15 ROW: SAFETY STANDARDS 95
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE END-USE INDUSTRIES (%) 97
TABLE 17 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 98
TABLE 18 PROXIMITY SENSOR TECHNOLOGY COMPARISON 101
TABLE 19 PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 101
TABLE 20 PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 102
TABLE 21 PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2020–2023 (MILLION UNITS) 102
TABLE 22 PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2024–2030 (MILLION UNITS) 102
TABLE 23 INDUCTIVE: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 104
TABLE 24 INDUCTIVE: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 104
TABLE 25 INDUCTIVE: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 105
TABLE 26 INDUCTIVE: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2024–2030 (USD MILLION) 105
TABLE 27 INDUCTIVE: PROXIMITY SENSOR MARKET, BY RANGE, 2020–2023 (USD MILLION) 105
TABLE 28 INDUCTIVE: PROXIMITY SENSOR MARKET, BY RANGE, 2024–2030 (USD MILLION) 105
TABLE 29 CAPACITIVE: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 107
TABLE 30 CAPACITIVE: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 107
TABLE 31 CAPACITIVE: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 108
TABLE 32 CAPACITIVE: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2024–2030 (USD MILLION) 108
TABLE 33 CAPACITIVE: PROXIMITY SENSOR MARKET, BY RANGE, 2020–2023 (USD MILLION) 108
TABLE 34 CAPACITIVE: PROXIMITY SENSOR MARKET, BY RANGE, 2024–2030 (USD MILLION) 108
TABLE 35 MAGNETIC: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 110
TABLE 36 MAGNETIC: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 110
TABLE 37 MAGNETIC: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 110
TABLE 38 MAGNETIC: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2024–2030 (USD MILLION) 111
TABLE 39 MAGNETIC: PROXIMITY SENSOR MARKET, BY RANGE, 2020–2023 (USD MILLION) 111
TABLE 40 MAGNETIC: PROXIMITY SENSOR MARKET, BY RANGE, 2024–2030 (USD MILLION) 111
TABLE 41 PHOTOELECTRIC/OPTICAL: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 112
TABLE 42 PHOTOELECTRIC/OPTICAL: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 113
TABLE 43 PHOTOELECTRIC/OPTICAL: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 113
TABLE 44 PHOTOELECTRIC/OPTICAL: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE, 2024–2030 (USD MILLION) 113
TABLE 45 PHOTOELECTRIC/OPTICAL: PROXIMITY SENSOR MARKET, BY RANGE,
2020–2023 (USD MILLION) 114
TABLE 46 PHOTOELECTRIC/OPTICAL: PROXIMITY SENSOR MARKET, BY RANGE,
2024–2030 (USD MILLION) 114
TABLE 47 ULTRASONIC: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 115
TABLE 48 ULTRASONIC: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 115
TABLE 49 ULTRASONIC: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 116
TABLE 50 ULTRASONIC: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2024–2030 (USD MILLION) 116
TABLE 51 ULTRASONIC: PROXIMITY SENSOR MARKET, BY RANGE,
2020–2023 (USD MILLION) 116
TABLE 52 ULTRASONIC: PROXIMITY SENSOR MARKET, BY RANGE,
2024–2030 (USD MILLION) 116
TABLE 53 OTHER TECHNOLOGIES: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 117
TABLE 54 OTHER TECHNOLOGIES: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 118
TABLE 55 OTHER TECHNOLOGIES: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 118
TABLE 56 OTHER TECHNOLOGIES: PROXIMITY SENSOR MARKET, BY PRODUCT TYPE,
2024–2030 (USD MILLION) 118
TABLE 57 OTHER TECHNOLOGIES: PROXIMITY SENSOR MARKET, BY RANGE,
2020–2023 (USD MILLION) 119
TABLE 58 OTHER TECHNOLOGIES: PROXIMITY SENSOR MARKET, BY RANGE,
2024–2030 (USD MILLION) 119
TABLE 59 PROXIMITY SENSOR MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 122
TABLE 60 PROXIMITY SENSOR MARKET, BY PRODUCT TYPE, 2024–2030 (USD MILLION) 122
TABLE 61 FIXED DISTANCE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 123
TABLE 62 FIXED DISTANCE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 123
TABLE 63 ADJUSTABLE DISTANCE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 125
TABLE 64 ADJUSTABLE DISTANCE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 125
TABLE 65 PROXIMITY SENSOR MARKET, BY RANGE, 2020–2023 (USD MILLION) 127
TABLE 66 PROXIMITY SENSOR MARKET, BY RANGE, 2024–2030 (USD MILLION) 128
TABLE 67 <10 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 129
TABLE 68 <10 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 129
TABLE 69 10–20 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 130
TABLE 70 10–20 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 130
TABLE 71 21–40 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 131
TABLE 72 21–40 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 132
TABLE 73 >40 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 133
TABLE 74 >40 MM: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 133
TABLE 75 PROXIMITY SENSOR MARKET, BY OUTPUT, 2020–2023 (USD MILLION) 136
TABLE 76 PROXIMITY SENSOR MARKET, BY OUTPUT, 2024–2030 (USD MILLION) 136
TABLE 77 PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 140
TABLE 78 PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 140
TABLE 79 AEROSPACE & DEFENSE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 142
TABLE 80 AEROSPACE & DEFENSE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 142
TABLE 81 AEROSPACE & DEFENSE: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 142
TABLE 82 AEROSPACE & DEFENSE: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 143
TABLE 83 AUTOMOTIVE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION 144
TABLE 84 AUTOMOTIVE: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 144
TABLE 85 AUTOMOTIVE: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 145
TABLE 86 AUTOMOTIVE: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 145
TABLE 87 PHARMACEUTICALS: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 146
TABLE 88 PHARMACEUTICALS: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 146
TABLE 89 PHARMACEUTICALS: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 147
TABLE 90 PHARMACEUTICALS: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 147
TABLE 91 MANUFACTURING: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 148
TABLE 92 MANUFACTURING: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 148
TABLE 93 MANUFACTURING: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 149
TABLE 94 MANUFACTURING: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 149
TABLE 95 BUILDING AUTOMATION: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 150
TABLE 96 BUILDING AUTOMATION: PROXIMITY SENSOR MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 150
TABLE 97 BUILDING AUTOMATION: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 151
TABLE 98 BUILDING AUTOMATION: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 151
TABLE 99 CONSUMER ELECTRONICS: PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 152
TABLE 100 CONSUMER ELECTRONICS: PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 152
TABLE 101 CONSUMER ELECTRONICS: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 153
TABLE 102 CONSUMER ELECTRONICS: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 153
TABLE 103 OTHER END-USE INDUSTRIES: PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 154
TABLE 104 OTHER END-USE INDUSTRIES: PROXIMITY SENSOR MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 154
TABLE 105 OTHER END-USE INDUSTRIES: PROXIMITY SENSOR MARKET, BY REGION,
2020–2023 (USD MILLION) 155
TABLE 106 OTHER END-USE INDUSTRIES: PROXIMITY SENSOR MARKET, BY REGION,
2024–2030 (USD MILLION) 155
TABLE 107 PROXIMITY SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION) 158
TABLE 108 PROXIMITY SENSOR MARKET, BY REGION, 2024–2030 (USD MILLION) 158
TABLE 109 NORTH AMERICA: PROXIMITY SENSOR MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 161
TABLE 110 NORTH AMERICA: PROXIMITY SENSOR MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 161
TABLE 111 NORTH AMERICA: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 161
TABLE 112 NORTH AMERICA: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 162
TABLE 113 EUROPE: PROXIMITY SENSOR MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 166
TABLE 114 EUROPE: PROXIMITY SENSOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 166
TABLE 115 EUROPE: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 167
TABLE 116 EUROPE: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 167
TABLE 117 ASIA PACIFIC: PROXIMITY SENSOR MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 172
TABLE 118 ASIA PACIFIC: PROXIMITY SENSOR MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 172
TABLE 119 ASIA PACIFIC: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 173
TABLE 120 ASIA PACIFIC: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 173
TABLE 121 ROW: PROXIMITY SENSOR MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 178
TABLE 122 ROW: PROXIMITY SENSOR MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 178
TABLE 123 ROW: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 179
TABLE 124 ROW: PROXIMITY SENSOR MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 179
TABLE 125 MIDDLE EAST: PROXIMITY SENSOR MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 180
TABLE 126 MIDDLE EAST: PROXIMITY SENSOR MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 180
TABLE 127 PROXIMITY SENSOR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 183
TABLE 128 PROXIMITY SENSOR MARKET: DEGREE OF COMPETITION, 2023 187
TABLE 129 PROXIMITY SENSOR MARKET: TECHNOLOGY FOOTPRINT 194
TABLE 130 PROXIMITY SENSOR MARKET: PRODUCT TYPE FOOTPRINT 195
TABLE 131 PROXIMITY SENSOR MARKET: RANGE FOOTPRINT 196
TABLE 132 PROXIMITY SENSOR MARKET: OUTPUT FOOTPRINT 197
TABLE 133 PROXIMITY SENSOR MARKET: END-USE INDUSTRY FOOTPRINT 197
TABLE 134 PROXIMITY SENSOR MARKET: REGION FOOTPRINT 198
TABLE 135 PROXIMITY SENSOR MARKET: DETAILED LIST OF KEY STARTUPS/SMES 200
TABLE 136 PROXIMITY SENSOR MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES 201
TABLE 137 PROXIMITY SENSOR MARKET: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024 203
TABLE 138 PROXIMITY SENSOR MARKET: DEALS, JANUARY 2020–APRIL 2024 204
TABLE 139 OMRON CORPORATION: COMPANY OVERVIEW 206
TABLE 140 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 141 OMRON CORPORATION: PRODUCT LAUNCHES 213
TABLE 142 OMRON CORPORATION: DEALS 213
TABLE 143 KEYENCE CORPORATION: COMPANY OVERVIEW 215
TABLE 144 KEYENCE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 216
TABLE 145 PANASONIC CORPORATION: COMPANY OVERVIEW 219
TABLE 146 PANASONIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 147 PANASONIC CORPORATION: DEALS 222
TABLE 148 SICK AG: COMPANY OVERVIEW 224
TABLE 149 SICK AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 150 SICK AG: PRODUCT LAUNCHES 230
TABLE 151 SICK AG: DEALS 231
TABLE 152 STMICROELECTRONICS: COMPANY OVERVIEW 232
TABLE 153 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 154 STMICROELECTRONICS: PRODUCT LAUNCHES 234
TABLE 155 STMICROELECTRONICS: DEALS 235
TABLE 156 STMICROELECTRONICS: OTHERS 235
TABLE 157 ROCKWELL AUTOMATION: COMPANY OVERVIEW 237
TABLE 158 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 238
TABLE 159 ROCKWELL AUTOMATION: DEALS 240
TABLE 160 ROCKWELL AUTOMATION: EXPANSIONS 240
TABLE 161 DELTA ELECTRONICS, INC.: COMPANY OVERVIEW 241
TABLE 162 DELTA ELECTRONICS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 163 DELTA ELECTRONICS, INC.: OTHERS 243
TABLE 164 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 244
TABLE 165 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 245
TABLE 166 HONEYWELL INTERNATIONAL INC.: DEALS 246
TABLE 167 HONEYWELL INTERNATIONAL INC.: OTHERS 247
TABLE 168 BROADCOM: COMPANY OVERVIEW 248
TABLE 169 BROADCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 249
TABLE 170 BROADCOM: DEALS 251
TABLE 171 BROADCOM: OTHERS 251
TABLE 172 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 252
TABLE 173 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 253
TABLE 174 SCHNEIDER ELECTRIC: DEALS 254
TABLE 175 SCHNEIDER ELECTRIC: OTHERS 255
TABLE 176 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW 256
TABLE 177 ZF FRIEDRICHSHAFEN AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 257
TABLE 178 ZF FRIEDRICHSHAFEN AG: DEALS 259
TABLE 179 BALLUFF AUTOMATION INDIA PVT. LTD.: COMPANY OVERVIEW 260
TABLE 180 BALLUFF AUTOMATION INDIA PVT. LTD.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 261
TABLE 181 PEPPERL+FUCHS SE: COMPANY OVERVIEW 265
TABLE 182 PEPPERL+FUCHS SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 266
TABLE 183 PEPPERL+FUCHS SE: DEALS 266
TABLE 184 PEPPERL+FUCHS SE: OTHERS 267
TABLE 185 BAUMER: COMPANY OVERVIEW 268
TABLE 186 BAUMER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 269
TABLE 187 BAUMER: OTHERS 271
TABLE 188 BANNER ENGINEERING CORP.: COMPANY OVERVIEW 272
TABLE 189 BANNER ENGINEERING CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 272
LIST OF FIGURES
FIGURE 1 PROXIMITY SENSOR MARKET SEGMENTATION 25
FIGURE 2 PROXIMITY SENSOR MARKET: RESEARCH DESIGN 29
FIGURE 3 PROXIMITY SENSOR MARKET: RESEARCH FLOW 36
FIGURE 4 PROXIMITY SENSOR MARKET: BOTTOM-UP APPROACH 37
FIGURE 5 PROXIMITY SENSOR MARKET: TOP-DOWN APPROACH 38
FIGURE 6 PROXIMITY SENSOR MARKET SIZE ESTIMATION METHODOLOGY 39
FIGURE 7 PROXIMITY SENSOR MARKET: DATA TRIANGULATION 40
FIGURE 8 PROXIMITY SENSOR MARKET: RESEARCH ASSUMPTIONS 41
FIGURE 9 INDUCTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 44
FIGURE 10 FIXED DISTANCE SEGMENT TO DOMINATE PROXIMITY SENSOR MARKET
FROM 2024 TO 2030 44
FIGURE 11 <10 MM SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 45
FIGURE 12 DIGITAL SEGMENT TO EXHIBIT HIGHER CAGR BETWEEN 2024 AND 2030 45
FIGURE 13 AUTOMOTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 46
FIGURE 14 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF GLOBAL
PROXIMITY SENSOR MARKET IN 2023 47
FIGURE 15 INCREASING DEPLOYMENT OF AUTOMATION TECHNOLOGIES TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN PROXIMITY SENSOR MARKET 48
FIGURE 16 ULTRASONIC SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2024 TO 2030 48
FIGURE 17 ADJUSTABLE DISTANCE SEGMENT TO RECORD HIGHER CAGR IN PROXIMITY SENSOR MARKET DURING FORECAST PERIOD 49
FIGURE 18 <10 MM SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PROXIMITY SENSOR MARKET IN 2024 49
FIGURE 19 DIGITAL SEGMENT TO REGISTER HIGHER CAGR IN PROXIMITY SENSOR MARKET BETWEEN 2024 AND 2030 50
FIGURE 20 AUTOMOTIVE SEGMENT HELD LARGEST MARKET SHARE IN 2023 50
FIGURE 21 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL PROXIMITY SENSOR MARKET
DURING FORECAST PERIOD 51
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 52
FIGURE 23 IMPACT ANALYSIS: DRIVERS 57
FIGURE 24 IMPACT ANALYSIS: RESTRAINTS 59
FIGURE 25 IMPACT ANALYSIS: OPPORTUNITIES 62
FIGURE 26 IMPACT ANALYSIS: CHALLENGES 64
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 64
FIGURE 28 AVERAGE SELLING PRICE TREND OF PROXIMITY SENSORS OFFERED
BY KEY PLAYERS, BY TECHNOLOGY (USD) 65
FIGURE 29 AVERAGE SELLING PRICE TREND OF PROXIMITY SENSORS, BY TECHNOLOGY, 2020–2023 (USD) 66
FIGURE 30 INDICATIVE PRICING TREND OF PROXIMITY SENSORS, BY REGION,
2020–2023 (USD) 68
FIGURE 31 VALUE CHAIN ANALYSIS 69
FIGURE 32 PROXIMITY SENSOR ECOSYSTEM 71
FIGURE 33 INVESTMENT AND FUNDING SCENARIO, 2020–2023 (USD MILLION) 73
FIGURE 34 IMPACT OF ARTIFICIAL INTELLIGENCE/GEN AI ON PROXIMITY SENSOR MARKET 74
FIGURE 35 PATENTS APPLIED AND GRANTED, 2014–2024 82
FIGURE 36 IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION) 83
FIGURE 37 EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION) 84
FIGURE 38 PORTER’S FIVE FORCES ANALYSIS 95
FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE END-USE INDUSTRIES 97
FIGURE 40 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 98
FIGURE 41 ULTRASONIC TECHNOLOGY TO EXHIBIT HIGHEST CAGR IN PROXIMITY SENSOR MARKET FROM 2024 TO 2030 101
FIGURE 42 ADJUSTABLE DISTANCE SEGMENT TO WITNESS HIGHER CAGR IN PROXIMITY SENSOR MARKET FROM 2024 TO 2030 121
FIGURE 43 <10 MM SEGMENT TO DOMINATE PROXIMITY SENSOR MARKET
DURING FORECAST PERIOD 127
FIGURE 44 DIGITAL SEGMENT TO REGISTER HIGHER CAGR IN PROXIMITY SENSOR MARKET FROM 2024 TO 2030 135
FIGURE 45 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 139
FIGURE 46 ASIA PACIFIC TO HOLD LARGEST SHARE OF GLOBAL PROXIMITY
SENSOR MARKET IN 2024 157
FIGURE 47 NORTH AMERICA: PROXIMITY SENSOR MARKET SNAPSHOT 160
FIGURE 48 CANADA TO EXHIBIT HIGHEST CAGR IN PROXIMITY SENSOR MARKET IN NORTH AMERICA FROM 2024 TO 2030 160
FIGURE 49 EUROPE: PROXIMITY SENSOR MARKET SNAPSHOT 165
FIGURE 50 GERMANY TO DOMINATE PROXIMITY SENSOR MARKET IN EUROPE
BETWEEN 2024 AND 2030 166
FIGURE 51 ASIA PACIFIC: PROXIMITY SENSOR MARKET SNAPSHOT 171
FIGURE 52 INDIA TO RECORD HIGHEST CAGR IN PROXIMITY SENSOR MARKET IN ASIA PACIFIC DURING FORECAST PERIOD 172
FIGURE 53 ROW: PROXIMITY SENSOR MARKET SNAPSHOT 177
FIGURE 54 SOUTH AMERICA TO DOMINATE PROXIMITY SENSOR MARKET IN ROW
FROM 2024 TO 2030 178
FIGURE 55 PROXIMITY SENSOR MARKET: REVENUE ANALYSIS OF
FIVE KEY PLAYERS, 2019–2023 186
FIGURE 56 PROXIMITY SENSOR MARKET SHARE ANALYSIS, 2023 187
FIGURE 57 COMPANY VALUATION (USD BILLION) 190
FIGURE 58 FINANCIAL METRICS (EV/EBITDA) 190
FIGURE 59 BRAND/PRODUCT COMPARISON 191
FIGURE 60 PROXIMITY SENSOR MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2023 193
FIGURE 61 PROXIMITY SENSOR MARKET: COMPANY FOOTPRINT 194
FIGURE 62 PROXIMITY SENSOR MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2023 200
FIGURE 63 OMRON CORPORATION: COMPANY SNAPSHOT 207
FIGURE 64 KEYENCE CORPORATION: COMPANY SNAPSHOT 216
FIGURE 65 PANASONIC CORPORATION: COMPANY SNAPSHOT 220
FIGURE 66 SICK AG: COMPANY SNAPSHOT 225
FIGURE 67 STMICROELECTRONICS: COMPANY SNAPSHOT 233
FIGURE 68 ROCKWELL AUTOMATION: COMPANY SNAPSHOT 238
FIGURE 69 DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT 242
FIGURE 70 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 245
FIGURE 71 BROADCOM: COMPANY SNAPSHOT 249
FIGURE 72 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 253
FIGURE 73 ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT 257
