Asia Pacific Proximity Sensors Market Report 2015


Reading time ( words)

Research and Markets has announced the addition of the "Asia Pacific Proximity Sensors Market - Growth, Trends And Forecasts (2014 - 2020)" report to their offering.

The Asia Pacific Proximity sensors market is expected to increase to $1.61 billion by 2018 at a CAGR of 8.48% over the period 2014-2020.

Proximity Sensors are in a huge demand in the automotive and industrial application. The Asia Pacific region is expected to estimate a huge growth rate when compared to other regions because of the strong demand from automotive and manufacturing industries in developing countries such as China & India. The fastest growing application market is material handling.

The Inclination of Growth towards Smart Phones, Increasing demand for automation and strong growth in capital investments are the key drivers which are making the Asia Pacific Proximity Sensors market to grow lucratively.

The growth of the proximity sensors market is currently being hindered by limitation in product variation among different manufacturing companies and Limitation in sensing capabilities. Photoelectric proximity sensors technology is the fastest growing market, because of their extensive use in automotive and material handling applications. While, capacitive proximity sensors technology is estimated to be the highest growth rate throughout the forecast period. Magnetic Proximity Sensors are the preferred choice for the detection of non-contact magnets. Further applications are of automatic door units such as garage doors or doors inside buildings, elevator doors and doors inside railway coaches. The building and automotive sector are further industries using high volumes of proximity sensors.

The APAC Proximity Sensors Market is segmented on the basis of Type (Fixed Distance Sensors, Adjustable Distance Sensors), Technology (Inductive Sensors, Capacitive Sensors, Photoelectric Sensors, Magnetic Sensors and Others), and End User Industry (Aerospace & Defense, Automotive, Food & Beverage, Manufacturing, Pharmaceutical, Industrial, and Others).

Share

Print


Suggested Items

My View from CES 2021: Day 1

01/12/2021 | Dan Feinberg, Technology Editor, I-Connect007
What a difference a year makes. One year ago, those of us who cover and attend CES were going from one press conference to the next; this year, we are at home going from link to link. Confusing and challenging, yes, but there are some advantages: no masks, only five steps to get to a restroom, being able to have three of four events or more displaying on your screens at the same time and being able to download press kits as needed. So far, many new devices are being introduced, but of course, they are all online, so you wonder if some of them really exist or are truly operational as yet.

CES 2021: Just How Different Will It Be?

01/11/2021 | Dan Feinberg, I-Connect007
CES 2021 starts today and this year there is no need for an overpriced hotel room in Vegas, no long lines to get a taxi or board a bus, and no crowded exhibit halls (one good thing this year). On the other hand, you must decide ahead of time what you want to see and make a reservation or appointment if you wish to have time and access assured.

CES 2020: The Intelligence of Things

01/06/2020 | Nolan Johnson, I-Connect007
Show week for CES 2020 starts well ahead of the actual exhibition dates because it is huge. The organizers of CES state that there are more than 4,400 exhibiting companies and nearly three million net square feet of exhibit space. On the floor, you can find 307 of the 2018 Fortune Global 500 companies. Over the week, I-Connect007 Editors Dan Feinberg and Nolan Johnson will bring you some of the most interesting news, products, and announcements from 5G to IoT, semiconductor developments, autonomous vehicle technology, interconnect, fabrication materials, and much more.



Copyright © 2022 I-Connect007. All rights reserved.