SAN FRANCISCO, July 27, 2017 (GLOBE NEWSWIRE) -- Global Ultrasonic Sensor Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1493 million by 2024 from $406 million in 2016, growing at a CAGR of 17.7% from 2016 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of 19.3% and 17.5%, respectively, during the forecast period.
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The global ultrasonic sensor market is majorly driven by need for advanced features in vehicles coupled with increasing applications of ultrasonic sensor especially in healthcare and pulp & paper. Furthermore, increasing popularity of wearable medical devices and high need for automation across various industries is also boosting the growth of the market. However, ability to absorb sound by low-density materials and presence of other technologies may hinder the growth of the market. Furthermore, entry of new players to focus on emerging economies and increased R&D for improve product offering to various end-users would provide growth opportunities in the coming years.
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Key market players in Ultrasonic Sensor Market
- Honeywell International Inc.
- Branson Ultrasonic Corp.
- Toshiba America Medical Systems, Inc.
- OMRON Corporation
- Murata Manufacturing Co. Ltd.
- APC International Ltd.
- Siemens Ag
- Rockwell Automation Inc.
- GE Healthcare Ltd.
- Pepperl+Fuchs GmbH
The key takeaways from the report
- The report will provide detailed analysis of Ultrasonic Sensor Market with respect to major segments such type, application and industry
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024.
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Ultrasonic Sensor market will be included in the report
- Profile of the key players of the Ultrasonic Sensor market, will be provided, which include key financials, product & services, new developments, and business strategies
Table of Contents
Chapter 1 Prefix
Chapter 2 Executive Summary
Chapter 3 Market Outline
Chapter 4 Ultrasonic Sensor Market by Type: Market Size and Forecast, 2015 – 2024
4.1 Overview
4.2 Ultrasonic Through Beam Sensors
4.2.1 Current Trend and Analysis
4.2.2 Market Size and Forecast
4.3 Ultrasonic Proximity Sensors
4.3.1 Current Trend and Analysis
4.3.2 Market Size and Forecast
4.4 Ultrasonic Reflective Sensors
4.4.1 Current Trend and Analysis
4.4.2 Market Size and Forecast
4.5 Ultrasonic Proximity Sensors
4.5.1 Current Trend and Analysis
4.5.2 Market Size and Forecast
4.6 Ultrasonic 2 Point Proximity Switches
4.6.1 Current Trend and Analysis
4.6.2 Market Size and Forecast
4.7 Ultrasonic Proximity Sensors
4.7.1 Current Trend and Analysis
4.7.2 Market Size and Forecast
Chapter 5 Ultrasonic Sensor Market by Application: Market Size and Forecast, 2015 – 2024
5.1 Overview
5.2 Distance Measurement
5.2.1 Current Trend and Analysis
5.2.2 Market Size and Forecast
5.3 Anti-Collision Detection
5.3.1 Current Trend and Analysis
5.3.2 Market Size and Forecast
5.4 Liquid Level Measurement
5.4.1 Current Trend and Analysis
5.4.2 Market Size and Forecast
5.5 Object Detection
5.5.1 Current Trend and Analysis
5.5.2 Market Size and Forecast
5.6 Pallet Detection
5.6.1 Current Trend and Analysis
5.6.2 Market Size and Forecast
5.7 Other Applications
5.7.1 Current Trend and Analysis
5.7.2 Market Size and Forecast ....
Chapter 8 Company Profiles
8.1 Honeywell International Inc.
8.2 Branson Ultrasonic Corp.
8.3 Toshiba America Medical Systems, Inc.
8.4 OMRON Corporation
8.5 Murata Manufacturing Co., Ltd.
8.6 APC International Ltd.
8.7 Siemens Ag
8.8 Rockwell Automation, Inc.
8.9 GE Healthcare, Ltd.
8.10 Pepperl+Fuchs GmbH
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About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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