Market Overview:
The global contact sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for contact sensors in medical and healthcare applications, automotive industry, consumer electronics, smart home and other applications. Contact image sensor (CIS) is expected to be the fastest growing type of contact sensor during the forecast period. CIS are used in a wide range of applications such as medical diagnostics, industrial inspection and machine vision. The increasing demand for CIS in these application segments is driving the growth of this segment in the global contact sensors market.
Product Definition:
A contact sensor is a switch that is activated by physical contact. It can be used to detect when something has been touched, or to control the flow of electricity through a circuit. Contact sensors are often used in industrial applications, where they can be used to monitor the status of machines or equipment.
Contact Image Sensor:
The global contact image sensor market size was valued at USD 1.6 billion in 2015 and is expected to witness a significant growth owing to the increasing demand for smart devices with features such as face detection, fingerprint recognition, and hand gesture recognition. The growing need for enhanced security systems due to rise in terrorist activities across the globe is also anticipated to drive industry growth over the forecast period.
Contact Distance Sensor:
The contact distance sensor is a device that measures the gap between two surfaces. It is widely used in industrial applications such as material handling, packaging, and palletizing. The contact sensors market has witnessed significant growth over the past few years owing to its increasing use in various application areas including automotive & transportation, consumer electronics & appliances and industrial manufacturing among others.
Application Insights:
The global demand for CDS has witnessed a paradigm shift due to its rising adoption in various application areas. The contact image sensor dominated the market and accounted for more than 45% of the overall revenue share in 2017. This is attributed to its wide applications, such as smart home control, automotive electronics, consumer electronics and medical & healthcare.
The growing popularity of wearable devices is expected to drive the demand for CDSs over the forecast period. These sensors are used in wearables such as fitness bands and smartwatches on account of their small size and low power consumption properties compared with other technologies such as NFC or Bluetooth Low Energy (BLE). Contactless payment systems have also been gaining traction globally owing to their ease-of-use and high security standards across various industries including retail stores, hospitality services/accommodation providers, transportation facilities/airport authorities etc., which is likely to propel industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players and increased adoption of digital services. The region is expected to maintain its dominance over the forecast period, with Europe coming second and Asia Pacific third. The increasing demand for smartphones, rapid technological advancements, growing penetration of cloud-based solutions among consumers are some factors driving growth in these regions.
The Asia Pacific contact sensors market is anticipated to grow at a significant rate over the forecast period owing to an increase in manufacturing activities across various industries such as automotive, consumer electronics & appliances and others. Rapid urbanization coupled with infrastructure development has led to an increase in construction activities which will further boost product demand across this region during the forecast period from 2018 To 2030 (estimated).
Increasing government initiatives towards implementation of smart cities concept will drive growth across this region particularly countries such as India China Indonesia Singapore Thailand Philippines Vietnam Myanmar etc.
Growth Factors:
- Increasing demand for contact sensors in automotive industry for safety and security applications
- Rising demand from the medical sector for contact sensors used in patient monitoring systems
- Growing popularity of gesture-based controls in consumer electronics products
- Proliferation of Internet of Things (IoT) devices that require contact sensor input/output
- Advances in sensor technology that are making contact sensors smaller, cheaper and more reliable
Scope Of The Report
Report Attributes
Report Details
Report Title
Contact Sensors Market Research Report
By Type
Contact Image Sensor, Contact Distance Sensor, Contact Temperature Sensor, Contact Pressure Sensor, Other
By Application
Medical and Healthcare, Automotive Industry, Consumer Electronics, Smart Home, Other
By Companies
OMEGA, Honeywell, MITSUBISHI ELECTRIC, Panasonic, KEYENCE CORPORATION, Axxess Industries, Rockwell Automation, TE Connectivity, Micro-Epsilon, Phoenix Sensors, Hexagon AB, Motion Industries, Banner Engineering, Melexis, HTMSensors, SICK AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Contact Sensors Market Report Segments:
The global Contact Sensors market is segmented on the basis of:
Types
Contact Image Sensor, Contact Distance Sensor, Contact Temperature Sensor, Contact Pressure Sensor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical and Healthcare, Automotive Industry, Consumer Electronics, Smart Home, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OMEGA
- Honeywell
- MITSUBISHI ELECTRIC
- Panasonic
- KEYENCE CORPORATION
- Axxess Industries
- Rockwell Automation
- TE Connectivity
- Micro-Epsilon
- Phoenix Sensors
- Hexagon AB
- Motion Industries
- Banner Engineering
- Melexis
- HTMSensors
- SICK AG
Highlights of The Contact Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Contact Image Sensor
- Contact Distance Sensor
- Contact Temperature Sensor
- Contact Pressure Sensor
- Other
- By Application:
- Medical and Healthcare
- Automotive Industry
- Consumer Electronics
- Smart Home
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Contact Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Contact sensors are a type of sensor that can be used to detect the presence of an object or person. They work by detecting changes in electrical current caused when an object comes into contact with the sensor.
Some of the major players in the contact sensors market are OMEGA, Honeywell, MITSUBISHI ELECTRIC, Panasonic, KEYENCE CORPORATION, Axxess Industries, Rockwell Automation, TE Connectivity, Micro-Epsilon, Phoenix Sensors, Hexagon AB, Motion Industries, Banner Engineering, Melexis, HTMSensors, SICK AG.
The contact sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Contact Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Contact Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Contact Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Contact Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Contact Sensors Market Size & Forecast, 2020-2028
4.5.1 Contact Sensors Market Size and Y-o-Y Growth
4.5.2 Contact Sensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Contact Image Sensor
5.2.2 Contact Distance Sensor
5.2.3 Contact Temperature Sensor
5.2.4 Contact Pressure Sensor
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical and Healthcare
6.2.2 Automotive Industry
6.2.3 Consumer Electronics
6.2.4 Smart Home
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Contact Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Contact Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Contact Image Sensor
9.6.2 Contact Distance Sensor
9.6.3 Contact Temperature Sensor
9.6.4 Contact Pressure Sensor
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical and Healthcare
9.10.2 Automotive Industry
9.10.3 Consumer Electronics
9.10.4 Smart Home
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Contact Image Sensor
10.6.2 Contact Distance Sensor
10.6.3 Contact Temperature Sensor
10.6.4 Contact Pressure Sensor
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical and Healthcare
10.10.2 Automotive Industry
10.10.3 Consumer Electronics
10.10.4 Smart Home
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Contact Image Sensor
11.6.2 Contact Distance Sensor
11.6.3 Contact Temperature Sensor
11.6.4 Contact Pressure Sensor
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical and Healthcare
11.10.2 Automotive Industry
11.10.3 Consumer Electronics
11.10.4 Smart Home
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Contact Image Sensor
12.6.2 Contact Distance Sensor
12.6.3 Contact Temperature Sensor
12.6.4 Contact Pressure Sensor
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical and Healthcare
12.10.2 Automotive Industry
12.10.3 Consumer Electronics
12.10.4 Smart Home
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Contact Image Sensor
13.6.2 Contact Distance Sensor
13.6.3 Contact Temperature Sensor
13.6.4 Contact Pressure Sensor
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical and Healthcare
13.10.2 Automotive Industry
13.10.3 Consumer Electronics
13.10.4 Smart Home
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Contact Sensors Market: Competitive Dashboard
14.2 Global Contact Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMEGA
14.3.2 Honeywell
14.3.3 MITSUBISHI ELECTRIC
14.3.4 Panasonic
14.3.5 KEYENCE CORPORATION
14.3.6 Axxess Industries
14.3.7 Rockwell Automation
14.3.8 TE Connectivity
14.3.9 Micro-Epsilon
14.3.10 Phoenix Sensors
14.3.11 Hexagon AB
14.3.12 Motion Industries
14.3.13 Banner Engineering
14.3.14 Melexis
14.3.15 HTMSensors
14.3.16 SICK AG
