Los Angeles, CA -- (SBWIRE) -- 06/05/2019 -- The accuracy accompanied with the measurement of distances and detecting objects by making use of ultrasonic waves led to the introduction of ultrasonic sensors. Ultrasonic sensors automatically switches into active zone once an object comes into its vicinity, giving all relevant information about the object. Ultrasonic sensors enables liquid level measurement, anti-collision detection and pallet detecting in addition to object detection and distance measurement.
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The higher accuracy governed with ultrasonic sensors in comparison with electromagnetic sensors has increased the demand for ultrasonic sensors. The higher accuracy is attained because of the ultrasonic sensor's processing on high frequency and shorter wavelengths, resulting into high resolution images and accurate distance measurements. In addition to this, wide variety of applications of ultrasonic sensors also drive the growth of ultrasonic sensors globally. Furthermore, ultrasonic sensors higher measurement range, high frequency, high sensitivity and high penetrating power makes the detection process more efficient.
The lower response speed and accuracy in comparison with optical sensors are the factors limiting the growth and adoption of ultrasonic sensors. Additionally, errors can be observed in the readings because of a material's density, consistency and material type. This acts as a restraint for the global ultrasonic sensors market.
The global Ultrasonic Sensors market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Ultrasonic Sensors volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ultrasonic Sensors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Honeywell International
Baumer
Rockwell Automation
Pepperl+Fuchs
OMRON
SensComp
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Ultrasonic Retro-Reflective Sensors
Ultrasonic Proximity Sensors
Ultrasonic Through Beam Sensors
Segment by Application
Industrial Manufacturing
Military and Defense
Food and Beverages
Healthcare
Automotive
Petroleum
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The study objectives of this report are:
To study and analyze the global Ultrasonic Sensors market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Ultrasonic Sensors market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Ultrasonic Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ultrasonic Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Ultrasonic Sensors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Ultrasonic Sensors are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ultrasonic Sensors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Ultrasonic Sensors market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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