Ultrasonic Sensors Market, By Type (Ultrasonic Retro-Reflective, Ultrasonic Proximity, and Ultrasonic Through Beam), Technology, End Use and Geography (North America, Europe, Asia Pacific and Rest of the World) Analysis, Share, Trends, Size, & Forecast from 2019 2025
Report Code: AV399
Industry: Semiconductor and Electronics
Publiced On: 2020-09-01
Pages: 152
Format:
REPORT HIGHLIGHT
The Ultrasonic Sensors Market was valued at USD 2.16 billion by 2018, growing with 17.2% CAGR during the forecast period, 2019-2025
The global ultrasonic sensors industry is expected to witness a significant growth owing to benefits of the technology in minimally invasive procedures, newfound applications in self-guided vehicles and technological proliferation and automation used across the manufacturing industry.
Market Dynamics
The ultrasonic sensors find applications in a wide range of products used across various industries. Their ability to operate in harsh environments and delivery of desired functionality in the presence of other waves, atmospheric pollution, and ambient noise has led to its increasing adoption across various applications. Moreover, their capabilities to function both as proximity and photoelectric sensors have positively impacted the product demand. Ultrasonic sensing technology is comparatively cost-effective, causes minimal adverse effects and offers robust functionality in harsh environmental conditions delivering quality results is anticipated to drive the market over the forecast period.
Segment Takeaway
Based on technology, these can be categorized into ultrasonic retroreflective, proximity sensors, ultrasonic two-point proximity devices and through-beam sensing products. Proximity type has acquired a key share in 2017 followed by through-beam type products. Such surge in growth can be attributed to rising demand for microprocessors, controllers in fast-moving object detection for short distance application.
Ultrasonic sensors are extensively used in diverse industrial sectors including automotive, manufacturing, medical & healthcare, food, and beverage, petroleum, and military & defense. The manufacturing industry finds wide applicability of such sensors. For instance, in food quality inspection ultrasonic sensing devices are used for the detection of foreign objects. Additionally, such components are used for flaw detection such as cracks and degradation of materials and to detect uniformity of the products across paper, packaging and textile industries.
Such sensors find a range of application in the automotive sector with critical applications in Antilock Braking Systems (ABS), control steering, parking assistance and collecting location information. Favorable government regulations for the integration of such vehicle safety features in commercial and passenger vehicles segment is expected to drive market growth.
Future Prospect of Ultrasonic Sensors in Medical Application
Medical and healthcare industry employs such sensors in applications such as eye examination, surgical procedures, sonography, tissue biopsy, therapeutics, and cancer treatment. Ultrasonic sensing devices are also being integrated into everyday medical devices such as wearable medical devices, and liquid sensors, thereby driving the commercialization of the technology.
Wearable medical and smart devices are a rising trend and integration of the technology for temperature sensing, heart rate monitoring, and pressure sensors are anticipated to win considerable market share. However, the market is restrained by the development of other substitute sensing technologies and limited manufacturing quality of the sensors.
Regional Takeaway
The U.S. is expected to be a key regional market on account of developed infrastructure and highly automated production processes. European regional markets such as the UK and Germany also hold considerable market share owing to rising industrial and automobile automation in the region.
Manufacturing based economies such as China, Japan, and Korea are increasingly adopting this technology for their industrial production and packaging requirements. With growing healthcare spending across the various sections of the society in the region, there exists a high scope for the growth of the region.
Key Vendors Takeaway
Key industry participants in the market include Honeywell, Rockwell Automation, Siemens, Baumer, Pepperl, and Fuchs. Other prominent vendors include Precision Acoustics, Microsonic, Phillips, and OMRON.
The market shows immense potential and competition is expected to intensify with technological innovations, collaborations, and mergers amongst players. With growing urbanization and industrialization vendors in the industry are focusing on developing markets. Vendors are introducing innovative products that can be used in parallel with other technologies resulting in the market proliferation thus boosting the growth avenues in the market.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2017
- Base Year – 2018
- Estimated Year – 2019
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPE
- Ultrasonic Retro-Reflective Sensors
- Ultrasonic Proximity Sensors
- Ultrasonic Through Beam Sensors
MARKET, BY TECHNOLOGY
- Ultrasonic Processing
- Ultrasonic Medical
- Ultrasonic Testing
MARKET, BY END-USE
- Oil and Gas
- Automotive
- Military
- Defense
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. ULTRASONIC SENSORS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Type
2.1.2. Market Snippet by Technology
2.1.3. Market Snippet by End Use
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. ULTRASONIC SENSORS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. ULTRASONIC SENSORS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. ULTRASONIC SENSORS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. ULTRASONIC SENSORS MARKET – BY TYPE
6.1. Overview
6.1.1. Segment Share Analysis, By Type, 2017 & 2025 (%)
6.2. Ultrasonic Retro-Reflective Sensors
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Ultrasonic Proximity Sensors
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Ultrasonic Through Beam Sensors
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. ULTRASONIC SENSORS MARKET – BY TECHNOLOGY
7.1. Overview
7.1.1. Segment Share Analysis, By End Use, 2017 & 2025 (%)
7.2. Ultrasonic Processing
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Ultrasonic Medical
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Ultrasonic Testing
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. ULTRASONIC SENSORS MARKET – BY END USE
8.1. Overview
8.1.1. Segment Share Analysis, By End Use, 2017 & 2025 (%)
8.2. Oil and Gas
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Automotive
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Military
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Defence
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Others
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. ULTRASONIC SENSORS MARKET– BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Region, 2017 & 2025 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.2.4. North America Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
9.2.5. North America Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.2.6. North America Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.2.7. U.S.
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.8. Canada
9.2.8.1. Overview
9.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.3.6. Europe Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.3.7. France
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.8. Germany
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.9. Rest of Europe
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.4.6. Asia Pacific Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.8. India
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.9. Rest of APAC
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Rest of the World
9.5.1. Overview
9.5.2. Key Manufacturers in Rest of the World
9.5.3. Rest of the World Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.5.4. Rest of the World Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
9.5.5. Rest of the World Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.5.6. Rest of the World Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.5.7. Latin America
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.8. Middle East and Africa
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Honeywell International
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Type Benchmarking
10.1.4. Strategic Initiatives
10.2. Rockwell Automation
10.3. Siemens AG
10.4. Baumer
10.5. Pepperl
10.6. Fuchs.
10.7. Precision Acoustics
10.8. Microsonic
10.9. Phillips
10.10. OMRON Corporation
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Ultrasonic Sensors market: Type snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Type
TABLE Global Ultrasonic Sensors market, by Type 2014-2025 (USD Million)
TABLE Ultrasonic Sensors market: Technology snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Technology
TABLE Global Ultrasonic Sensors market, by Tehnology 2014-2025 (USD Million)
TABLE Ultrasonic Sensors market: End Use snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by End Use
TABLE Global Ultrasonic Sensors market, by End Use 2014-2025 (USD Million)
TABLE Ultrasonic Sensors market: regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by region
TABLE Global Ultrasonic Sensors market, by region 2014-2025 (USD Million)
TABLE North America Ultrasonic Sensors market, by country, 2014-2025 (USD Million)
TABLE North America Ultrasonic Sensors market, by Type, 2014-2025 (USD Million)
TABLE North America Ultrasonic Sensors market, by Technology, 2014-2025 (USD Million)
TABLE North America Ultrasonic Sensors market, by End Use, 2014-2025 (USD Million)
TABLE Europe Ultrasonic Sensors market, by country, 2014-2025 (USD Million)
TABLE Europe Ultrasonic Sensors market, by Type, 2014-2025 (USD Million)
TABLE Europe Ultrasonic Sensors market, by Technology, 2014-2025 (USD Million)
TABLE Europe Ultrasonic Sensors market, by End Use, 2014-2025 (USD Million)
TABLE Asia Pacific Ultrasonic Sensors market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Ultrasonic Sensors market, by Type, 2014-2025 (USD Million)
TABLE Asia Pacific Ultrasonic Sensors market, by Technology, 2014-2025 (USD Million)
TABLE Asia Pacific Ultrasonic Sensors market, by End Use, 2014-2025 (USD Million)
TABLE Rest of the World Ultrasonic Sensors market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Ultrasonic Sensors market, by Type, 2014-2025 (USD Million)
TABLE Rest of the World Ultrasonic Sensors market, by Technology, 2014-2025 (USD Million)
TABLE Rest of the World Ultrasonic Sensors market, by End Use, 2014-2025 (USD Million)
List of Figures
FIGURE Ultrasonic Sensors market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Type segment market share analysis, 2017 & 2025
FIGURE Type segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Ultrasonic Retro-Reflective Sensors market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Ultrasonic Proximity Sensors market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Ultrasonic Through Beam Sensors market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Technology segment market share analysis, 2017 & 2025
FIGURE Technology segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Ultrasonic Processing market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Ultrasonic Medical market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Ultrasonic Testing market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE End Use segment market share analysis, 2017 & 2025
FIGURE End Use segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Oil and Gas market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Automotive market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Military market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Defense market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2017 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Ultrasonic Sensors market share and leading players, 2018
FIGURE Europe Ultrasonic Sensors market share and leading players, 2018
FIGURE Asia Pacific Ultrasonic Sensors market share and leading players, 2018
FIGURE Latin America Ultrasonic Sensors market share and leading players, 2018
FIGURE Middle East and Africa Ultrasonic Sensors market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE U.K. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of Asia Pacific market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the World market share analysis by country, 2018
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
