Global Proximity Sensors Market Market 2020-2024

Global Proximity sensors market 2020-2024

Technavio has been monitoring the proximity sensors market and it is poised to grow by $ 1.09 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on proximity sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing awareness of monitoring and safety systems in automobiles and growing demand for smart factories. In addition, increasing awareness of monitoring and safety systems in automobiles is anticipated to boost the growth of the market as well.

The proximity sensors market analysis includes product segment, application segment, and geographical landscapes

Technavio's proximity sensors market is segmented as below:

By Product

  • Photoelectric
  • Inductive
  • Capacitive
  • Magnetic
  • Ultrasonic
By Application
  • Automotive
  • Industrial manufacturing
  • Consumer electronics
  • Building automation
  • Others
By Geographic Landscapes
  • North America
  • APAC
  • Europe
  • South America
  • MEA
This study identifies the growing elevators and escalators market as one of the prime reasons driving the proximity sensors market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our proximity sensors market covers the following areas:
  • Proximity sensors market sizing
  • Proximity sensors market forecast
  • Proximity sensors market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading proximity sensors market vendors that include Fargo Controls Inc., General Electric Co., Honeywell International Inc., NXP Semiconductors NV, OMRON Corp., ON Semiconductor Corp., Panasonic Corp., Pepperl+Fuchs AG, Schneider Electric SE, and STMicroelectronics NV. Also, the proximity sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Electronic equipment and instruments
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • After-sales service
      • Support activities
      • Innovations
  • Market Sizing
    • Market definition
      • Types of proximity sensors
        • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global - Market size and forecast 2019 - 2024 ($ billion) exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Photoelectric - Market size and forecast 2019- 2024
      • Table Photoelectric - Market size and forecast 2019-2024 ($ billion)
      • Table Photoelectric - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Photoelectric - Year-over-year growth 2019-2024 (%)
    • Inductive - Market size and forecast 2019-2024
      • Table Inductive - Market size and forecast 2019-2024 ($ billion)
      • Table Inductive - Market size and forecast 2019-2024 ($ billion) exclusive of COVID- 19 impact
      • Table Inductive - Year-over-year growth 2019-2024 (%)
    • Capacitive - Market size and forecast 2019-2024
      • Table Capacitive - Market size and forecast 2019-2024 ($ billion)
      • Table Capacitive - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Capacitive - Year-over-year growth 2019-2024 (%)
    • Magnetic - Market size and forecast 2019-2024
      • Table Magnetic - Market size and forecast 2019-2024 ($ billion)
      • Table Magnetic - Market size and forecast 2019-2024 ($ billion) exclusive of COVID- 19 impact
      • Table Magnetic - Year-over-year growth 2019-2024 (%)
    • Ultrasonic - Market size and forecast 2019-2024
      • Table Ultrasonic - Market size and forecast 2019-2024 ($ billion)
      • Table Ultrasonic - Market size and forecast 2019-2024 ($ billion) exclusive of COVID- 19 impact
      • Table Ultrasonic - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2019-2024 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Automotive - Market size and forecast 2019-2024
      • Table Automotive - Market size and forecast 2019-2024 ($ billion)
      • Table Automotive - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Automotive - Year-over-year growth 2019-2024 (%)
    • Industrial manufacturing - Market size and forecast 2019-2024
      • Table Industrial manufacturing - Market size and forecast 2019-2024 ($ billion)
      • Table Industrial manufacturing - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Industrial manufacturing - Year-over-year growth 2019-2024 (%)
    • Consumer electronics - Market size and forecast 2019-2024
      • Table Consumer electronics - Market size and forecast 2019-2024 ($ billion)
      • Table Consumer electronics - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Consumer electronics - Year-over-year growth 2019-2024 (%)
    • Building automation - Market size and forecast 2019-2024
      • Table Building automation - Market size and forecast 2019-2024 ($ billion)
      • Table Building automation - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Building automation - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ billion)
      • Table Others - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table North America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table APAC - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Europe - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table South America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table MEA - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing awareness of monitoring and safety systems in automobiles
      • Growing elevators and escalators market
      • Growing demand for smart factories
      • Vertical growth in global construction market
      • Emergence of IIoT
    • Market challenges
      • Limited product variation between different manufacturers
      • Uncertainty in sensing capability of sensors
      • Volatile demand for proximity sensors
        • Table Impact of drivers and challenges
    • Market trends
      • Integration of ALS and proximity sensors into a single module
      • Development of collaborative robots
      • Growing demand for smart/intelligent proximity sensors
      • Emergence of smart elevators
      • Advances in medical robotics, electrical, and automated guided vehicles
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Fargo Controls Inc.
      • Table Fargo Controls Inc. - Overview
      • Table Fargo Controls Inc. - Product and service
      • Table Fargo Controls Inc. - Key offerings
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • NXP Semiconductors NV
      • Table NXP Semiconductors NV - Overview
      • Table NXP Semiconductors NV - Business segments
      • Table NXP Semiconductors NV - Key news
      • Table NXP Semiconductors NV - Key offerings
    • OMRON Corp.
      • Table OMRON Corp. - Overview
      • Table OMRON Corp. - Business segments
      • Table OMRON Corp. - Key news
      • Table OMRON Corp. - Key offerings
      • Table OMRON Corp. - Segment focus
    • ON Semiconductor Corp.
      • Table ON Semiconductor Corp. - Overview
      • Table ON Semiconductor Corp. - Business segments
      • Table ON Semiconductor Corp. - Key news
      • Table ON Semiconductor Corp. - Key offerings
      • Table ON Semiconductor Corp. - Segment focus
    • Panasonic Corp.
      • Table Panasonic Corp. - Overview
      • Table Panasonic Corp. - Business segments
      • Table Panasonic Corp. - Key news
      • Table Panasonic Corp. - Key offerings
      • Table Panasonic Corp. - Segment focus
    • Pepperl+Fuchs AG
      • Table Pepperl+Fuchs AG - Overview
      • Table Pepperl+Fuchs AG - Product and service
      • Table Pepperl+Fuchs AG - Key news
      • Table Pepperl+Fuchs AG - Key offerings
    • Schneider Electric SE
      • Table Schneider Electric SE - Overview
      • Table Schneider Electric SE - Business segments
      • Table Schneider Electric SE - Key news
      • Table Schneider Electric SE - Key offerings
      • Table Schneider Electric SE - Segment focus
    • STMicroelectronics NV
      • Table STMicroelectronics NV - Overview
      • Table STMicroelectronics NV - Business segments
      • Table STMicroelectronics NV - Key news
      • Table STMicroelectronics NV - Key offerings
      • Table STMicroelectronics NV - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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