North America Proximity Sensors Market 2017-2022 By Technology, Detection Range, Type & Industry - Research and Markets

DUBLIN--()--The "North America Proximity Sensors Market - By Technology , Detection Range, Type, Industry, Geography, Trends, Forecast - 2017 - 2022" report has been added to Research and Markets' offering.

The North America proximity sensors market is projected to reach USD 1.66 billion by 2022 growing at a CAGR of 7.91% over the period 2017-2022

The proximity sensors market is segmented on the basis of type, technology, and end-user industry. While photoelectric proximity sensors, because of their extensive use in automotive and material handling applications, are part of the fastest growing technology segment of this market, capacitive proximity sensors are projected to record highest growth throughout the forecast period. Magnetic proximity sensors are the preferred choice for the detection of non-contact magnets. Other areas of application include automatic door units like garage doors, elevator doors, and doors inside railway coaches. High volumes of proximity sensors are used by the building and automotive sectors.

The need for better automation and recovery in automobile and manufacturing industries caused huge demand for proximity sensors and has fueled the growth of the market.

Material handling is one of the fastest growing application markets. The ever increasing smartphone business and strong growth in the capital investments are key drivers for the lucrative growth of the proximity sensors market in North America. However, limited sensing capabilities and limited product variation among different manufacturing companies are the major hindrances to the growth of the market.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Dynamics

4. Technology Snapshot

5. North America Proximity Sensors Market Segmentation

6. SICK AG

7. Investment Analysis

8. Future of Proximity Sensors Market

Company Profiles

  • Panasonic Corporation
  • Turck Inc
  • Rockwell Automation, Inc.
  • Omron Corporation
  • Honeywell International Inc.
  • Avago Technologies Inc.
  • Fargo Controls Inc.
  • Omron Corporation
  • IFM Electronic GmbH
  • Pepperl + Fuchs GmbH
  • Fargo Controls

For more information about this report visit https://www.researchandmarkets.com/research/923vdr/north_america

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Capacitive Sensors

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Capacitive Sensors