Proximity Sensor Market Size, Share, and Trends 2024 to 2034

The global proximity sensor market size was USD 4.06 billion in 2023, estimated at USD 4.37 billion in 2024 and is expected to reach around USD 9.01 billion by 2034, expanding at a CAGR of 7.52% from 2024 to 2034.

  • Last Updated : September 2024
  • Report Code : 5037
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Proximity Sensor Market 

5.1. COVID-19 Landscape: Proximity Sensor Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Proximity Sensor Market, By Technology

8.1. Proximity Sensor Market Revenue and Volume, By Technology, 2024-2034

8.1.1 Inductive

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Capacitive

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Photoelectric

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Magnetic

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Proximity Sensor Market, By End-user Industry

9.1. Proximity Sensor Market Revenue and Volume, By End-user Industry, 2024-2034

9.1.1. Aerospace & Defense

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Automotive

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Industrial

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Consumer Electronics

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

9.1.5. Food & Beverage

9.1.5.1. Market Revenue and Volume Forecast (2021-2034)

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Proximity Sensor Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.1.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.2.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.3.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.4.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.5.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Technology (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, By End-user Industry (2021-2034)

Chapter 11. Company Profiles

11.1. Broadcom Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. IFM Electronic GmbH

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Schneider Electric

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Panasonic Corporation

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Balluff GmbH

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Hans Turck GmbH & Co. KG

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Pepperl + Fuchs GmbH

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Rockwell Automation

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Omron Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Honeywell International Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global proximity sensor market size is expected to increase USD 9.01billion by 2034 from USD 4.06 billion in 2023.

The global proximity sensor market will register growth rate of 7.52% between 2024 and 2034.

The major players operating in the proximity sensor market are Broadcom Inc., IFM Electronic GmbH, Schneider Electric, Panasonic Corporation, Balluff GmbH, Hans Turck GmbH & Co. KG, Pepperl + Fuchs GmbH, Rockwell Automation, Omron Corporation, Honeywell International Inc., Fargo Controls, Sick AG, Riko Opto-electronics Technology Co. Ltd., Microelectronics NV, Delta Electronics Inc., Autonics Corporation, OMRON Corporation, Keyence Corporation, and Others.

The driving factors of the proximity sensor market are the growing emphasis on automation and rapid expansion of the automotive sector.

North America region will lead the global proximity sensor market during the forecast period 2024 to 2034.

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