The global Ultrasonic Position Sensor market is valued at 490 million US$ in 2018 is expected to reach 1430 million US$ by the end of 2025, growing at a CAGR of 14.4% during 2019-2025.

Los Angeles, CA -- (SBWire) -- 04/10/2019 --Ultrasonic Position Sensor (also called Ultrasonic Sensor) is a device that can measure the distance to an object by using sound waves. It measures distance by sending out a sound wave at a specific frequency and listening for that sound wave to bounce back. By recording the elapsed time between the sound wave being generated and the sound wave bouncing back, it is possible to calculate the distance between the sonar sensor and the object.

EU has the largest global export quantity and manufacturers in Ultrasonic Position Sensor market, while the United States is the second sales volume market for Ultrasonic Position Sensor in 2016.
In the industry, PEPPERL+FUCHS profits most in 2016 and recent years, while Schneider Electric and Microsonic ranked 2 and 3.The market share of them is 32.38%, 17.33% and 11.53% in 2016.The gap of market share is keep on enlarged due to different strategy.

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Nowadays, there are two mainly types of Ultrasonic Position Sensor, including Discrete Ultrasonic Position Sensor and Continuous Ultrasonic Position Sensor. And Continuous Ultrasonic Position Sensor is the main type for Ultrasonic Position Sensor, and the Continuous Ultrasonic Position Sensor reached a sales volume of approximately 908.98 K Unit in 2016, with 67.37% of global sales volume.

The global Ultrasonic Position Sensor market is valued at 490 million US$ in 2018 is expected to reach 1430 million US$ by the end of 2025, growing at a CAGR of 14.4% during 2019-2025.

This report focuses on Ultrasonic Position Sensor volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ultrasonic Position Sensor 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:
Pepperl+Fuchs, Schneider Electric, Microsonic, Sick AG, TURCK, Baumer, Ifm Electronic, Rockwell Automation, Balluff, Eaton, Keyence, Omron Corporation, GARLO GAVAZZI, MaxBotix Inc., Warner Electric (Altra)

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Segment by Regions
North America
Europe
China
Japan

Segment by Type
Discrete Ultrasonic Position Sensor, Continuous Ultrasonic Position Sensor

Segment by Application
Industrial, Healthcare, Food & Beverage, Automotive, Others (Petroleum, Military, etc.)

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