New York, NY -- (SBWIRE) -- 10/26/2017 -- The analysts forecast the global proximity sensor market to grow at a CAGR of 8.77% during the period 2017-2021.

A proximity sensor is an electronic sensor used to detect the presence of nearby objects without having any physical contact with them. These sensors emit a beam of electromagnetic radiation or electromagnetic field and monitor the deviation or delay in the return of the signal or field. The object that is being sensed acts as a proximity sensor's target.

Based on the type, the target object for proximity sensors may vary. For instance, capacitive or photoelectric proximity sensors are suitable for detecting plastic targets, whereas an inductive proximity sensor is preferred for a metallic target.

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Covered in this report

The report covers the present scenario and the growth prospects of the global proximity sensor market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of various types of proximity sensors, including inductive, photoelectric, capacitive, magnetic, and ultrasonic.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Proximity Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- General Electric
- Honeywell
- Panasonic
- OMRON

Other prominent vendors
- Broadcom
- Balluff
- Eaton
- Festo
- ifm electronic
- MICRO-EPSILION
- NXP Semiconductors
- Rockwell Automation
- Schneider Electric
- SICK

Market driver
- Increasing awareness of monitoring and safety systems in automobiles
- For a full, detailed list, view our report

Market challenge
- Limited product variation between different manufacturers
- For a full, detailed list, view our report

Market trend
- Integration of ALS and proximity sensors into a single module
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Proximity sensors
- Salient features of proximity sensors
- Market outline

PART 05: Technology landscape
- Types of proximity sensors

PART 06: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 07: Market segmentation by application
- Market overview
- Global proximity sensor market for automotive applications
- Global proximity sensor market for industrial manufacturing applications
- Global proximity sensor market for home, office, and building automation applications
- Global proximity sensor market for consumer electronics applications
- Global proximity sensor market for other applications

PART 08: Market segmentation by product
- Market overview
- Global proximity sensor market by inductive proximity sensors
- Global proximity sensor market by photoelectric proximity sensors
- Global proximity sensor market by capacitive proximity sensors
- Global proximity sensor market by magnetic proximity sensors
- Global proximity sensor market by ultrasonic proximity sensors

PART 09: Geographical segmentation
- Market overview
- Proximity sensor market in Americas
- Proximity sensor market in APAC
- Proximity sensor market in EMEA

PART 10: Decision framework

PART 11: Drivers and challenges
- Market drivers
- Market challenges

PART 12: 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

PART 13: Vendor landscape
- Competitive scenario
- Other prominent vendors

PART 14: Key vendor analysis
- General Electric
- Honeywell
- Panasonic
- OMRON

Continue…….

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