New York, NY -- (SBWire) -- 10/30/2017 --The proximity sensor is a device which detects nearby objects without any physical contact up to sensors vicinity. Proximity sensor are designed to offer accurate and repeatable operation to achieve efficient and effective production. Proximity sensor are used in several areas such as automation, industrial manufacturing, and process industries. Proximity sensor is also used for various applications such as parking sensor systems, roller coasters, conveyor systems, vibration monitoring systems and mobile devices and others.
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The growing demand for automated manufacturing is acting as the driver for Proximity sensor market. Proximity sensor plays an important role in smartphone and tablet by providing accurate results and therefore growing demand for smartphone and tablets is further aiding the growth of proximity sensor market. Rising trend in process automation in factories and industries is largely driving the proximity sensor market.
Proximity Sensor: Drivers and Restraints
Drivers
The Industrial Internet of Things (IIoT), which requires sensor-based measurements for analysis and decision support purposes is a major driver of the proximity sensor market. Furthermore due to changing lifestyle which leads the need of innovative products with artificial intelligence is strongly driving this market. Now, most of the industries uses feedback based operations and proximity is used as an application for such operations, which is also fueling the growth of this market. This market is also growing due to the rising use of monitoring and safety systems in automobile and machinery.
Restraints
The major factor which is effecting the growth of this proximity sensor market is the limitation in the product variation and limitation in the sensing capabilities. Also, the high cost of the proximity sensor can be the major challenge for the growth of this proximity sensor market.
Proximity Sensor: Segmentation
Segmentation of Proximity Sensor on the basis of Technology:
Proximity sensor has been segmented on the basis of technologies which are used in this proximity sensors
Inductive Sensors
Capacitive Sensors
Photoelectric Sensors
Magnetic Sensors
Others
Segmentation of Proximity Sensor on the basis of Type:
Proximity sensor can be segmented on the basis of types
Fixed Distance proximity sensor
Adjustable Distance proximity sensor
Segmentation of Proximity Sensor on the basis of End-user industry:
proximity sensor market can be segmented on the basis of industries using these proximity sensors
Aerospace & Defense
Automobile
Food & Beverage
Manufacturing
Pharmaceutical
Others
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Proximity Sensor: Competitive Landscape
The prominent players in Proximity Sensor market are GE(General Electric),Panasonic Corporation, Honeywell International Inc., Omron Corporation, Fargo Controls, Schneider Electric, Rockwell Automation, Sick AG, IFM electronic and others.
Adoption of Latest Technology to Influence Proximity Sensor Market Size During The2017 to 2025
The proximity sensor is a device which detects nearby objects without any physical contact up to sensors vicinity. Proximity sensor are designed to offer accurate and repeatable operation to achieve efficient and effective production.