Proximity Sensors Market Driven by Demand for Digitalization

New research from ARC Advisory Group reveals that the Proximity Sensors market grew by high-single digits in 2022. Digital transformation is driving the demand for proximity sensors in automation. These sensors play a crucial role in precise object detection, enabling seamless operation and supporting smart manufacturing. With various types and designs available, proximity sensors contribute to improved efficiency and connectivity in digitalized industries. ARC’s Proximity Sensors research provides a detailed analysis of proximity sensor technologies, such as inductive, capacitive, and ultrasonic, which are used across a wide range of industries across the globe.

"As digitalization continues to advance, proximity sensors are evolving to become more intelligent, compact, and capable of communicating wirelessly. Integration with advanced technologies such as artificial intelligence, machine learning, and edge computing is unlocking new possibilities in automation and data-driven decision-making. With their ability to enhance efficiency, ensure safety, enable predictive maintenance, and integrate with IoT, proximity sensors are poised to play an increasingly critical role in shaping the digital landscape of industries worldwide. As organizations embrace digitalization, proximity sensors will continue to be key enablers, revolutionizing industries and driving the path to a more automated and connected future," according to Siddhartha Maiti, Senior Analyst and key author of ARC's Proximity Sensors Market Research.

Proximity Sensors Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • Additive Manufacturing/3D Printing 
  • Analytics and Big Data
  • Digitalization of Industrial Operations 
  • Fabless Companies
  • Implementation of Data Analytics to Optimize Machine Performance 
  • Intelligent Devices and the IoT
  • IO-Link and CompoNet
  • Seamless Integration for Brownfield Digitalization via Hybrid Sensors 
  • Sensor-to-Cloud
  • Smart Sensing

Leading Suppliers to the Proximity Sensors Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Balluff, ifm electronic, OMRON, Pepperl+Fuchs, TURCK.

About the Proximity Sensors Research

Proximity Sensors Market TrendsThe Proximity Sensors research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Machinery by Segment, Sales Channel, World Region, Industry, Customer Type, Output Signal, Technology, Distance, Detecting Range, Overall Scope.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • MIRA Service:  An annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MIRA unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions.   Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs.  
  • Concise Market Analysis Report (PDF):  This wide-screen presentation format provides executives, business unit managers, and other users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
  • Market Intelligence Workbook (Excel Power Pivot, sold with Market Analysis Report PDF):  A standard Excel Workbook, including base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate data, making it easier to analyze the latest data for business intelligence and generate custom reports, including up to five years of historical analysis.

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