The global magnetic proximity sensor market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for proximity sensors in various industries such as aerospace and defense, automotive, industrial manufacturing, food and beverage, pharmaceuticals and consumer electronics & building automation. The increasing demand for proximity sensors in these industries is due to their ability to detect objects within a specific distance range without any physical contact with them. This feature makes them suitable for use in hazardous environments where physical contact with objects may lead to accidents or injuries.
The global magnetic proximity sensor market by type is segmented into fixed distance and adjustable distance types. Fixed distance type has been dominating the global magnetic proximity sensor market since 2016 owing to its high accuracy level which makes it suitable for use in applications such as aerospace & defense and automotive sectors where precision is important. Adjustable distance type has been witnessing significant growth since 2016 owing to its low cost which makes it suitable for use in applications such as industrial manufacturing sector where cost-effectiveness matters more than accuracy levels.
Some Of The Growth Factors Of This Market:
- The increasing demand for smartphones and tablets is driving the growth of the magnetic proximity sensor market.
- The increasing use of touchless technology in smartphones and tablets is also driving the growth of the magnetic proximity sensor market.
- The growing need for better security in mobile devices is also driving the growth of the magnetic proximity sensor market.
- Increasing demand for low-cost sensors to be used in wearables, IoT, and other applications is also driving the growth of this market.
- Increasing use of these sensors in automotive industry will drive this market's growth.
Industry Growth Insights published a new data on “Magnetic Proximity Sensor Market”. The research report is titled “Magnetic Proximity Sensor Market research by Types (Fixed Distance, Adjustable Distance), By Applications (Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Pharmaceuticals, Consumer Electronics & Building Automation), By Players/Companies Avago Technologies Inc. (Singapore), IFM Electronic GmbH (Germany), Schneider Electric (France), Panasonic Corporation (Japan), Balluff GmbH (Germany.), Hans Turck GmbH & CO., KG. (Germany), Pepperl + Fuchs GmbH (Germany), Rockwell Automation (U.S.), Omron Corporation (Japan), Honeywell International Inc. (U.S.), Fargo Controls (U.S.), Sick AG ( Germany)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Proximity Sensor Market Research Report
By Type
Fixed Distance, Adjustable Distance
By Application
Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Pharmaceuticals, Consumer Electronics & Building Automation
By Companies
Avago Technologies Inc. (Singapore), IFM Electronic GmbH (Germany), Schneider Electric (France), Panasonic Corporation (Japan), Balluff GmbH (Germany.), Hans Turck GmbH & CO., KG. (Germany), Pepperl + Fuchs GmbH (Germany), Rockwell Automation (U.S.), Omron Corporation (Japan), Honeywell International Inc. (U.S.), Fargo Controls (U.S.), Sick AG ( Germany)
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Proximity Sensor Market Report Segments:
The global Magnetic Proximity Sensor market is segmented on the basis of:
Types
Fixed Distance, Adjustable Distance
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
Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Pharmaceuticals, Consumer Electronics & Building Automation
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:
- Avago Technologies Inc. (Singapore)
- IFM Electronic GmbH (Germany)
- Schneider Electric (France)
- Panasonic Corporation (Japan)
- Balluff GmbH (Germany.)
- Hans Turck GmbH & CO., KG. (Germany)
- Pepperl + Fuchs GmbH (Germany)
- Rockwell Automation (U.S.)
- Omron Corporation (Japan)
- Honeywell International Inc. (U.S.)
- Fargo Controls (U.S.)
- Sick AG ( Germany)
Highlights of The Magnetic Proximity Sensor 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:
- Fixed Distance
- Adjustable Distance
- By Application:
- Aerospace & Defense
- Automotive
- Industrial Manufacturing
- Food & Beverage
- Pharmaceuticals
- Consumer Electronics & Building Automation
- 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 Magnetic Proximity Sensor 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.
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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?
A magnetic proximity sensor is a small electronic component that detects the presence of nearby magnets. When activated, the sensor will send a signal to an attached device indicating that it is close by. This can be used in various applications, such as automatic door openers and security systems.
Some of the major players in the magnetic proximity sensor market are Avago Technologies Inc. (Singapore), IFM Electronic GmbH (Germany), Schneider Electric (France), Panasonic Corporation (Japan), Balluff GmbH (Germany.), Hans Turck GmbH & CO., KG. (Germany), Pepperl + Fuchs GmbH (Germany), Rockwell Automation (U.S.), Omron Corporation (Japan), Honeywell International Inc. (U.S.), Fargo Controls (U.S.), Sick AG ( Germany).
The magnetic proximity sensor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetic Proximity Sensor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnetic Proximity Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetic Proximity Sensor Market - Supply Chain
4.5. Global Magnetic Proximity Sensor Market Forecast
4.5.1. Magnetic Proximity Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetic Proximity Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetic Proximity Sensor Market Absolute $ Opportunity
5. Global Magnetic Proximity Sensor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Magnetic Proximity Sensor Market Size and Volume Forecast by Type
5.3.1. Fixed Distance
5.3.2. Adjustable Distance
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetic Proximity Sensor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Magnetic Proximity Sensor Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Automotive
6.3.3. Industrial Manufacturing
6.3.4. Food & Beverage
6.3.5. Pharmaceuticals
6.3.6. Consumer Electronics & Building Automation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetic Proximity Sensor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Magnetic Proximity Sensor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Magnetic Proximity Sensor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Magnetic Proximity Sensor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Magnetic Proximity Sensor Demand Share Forecast, 2019-2026
9. North America Magnetic Proximity Sensor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Magnetic Proximity Sensor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Magnetic Proximity Sensor Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Automotive
9.4.3. Industrial Manufacturing
9.4.4. Food & Beverage
9.4.5. Pharmaceuticals
9.4.6. Consumer Electronics & Building Automation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetic Proximity Sensor Market Size and Volume Forecast by Type
9.7.1. Fixed Distance
9.7.2. Adjustable Distance
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Magnetic Proximity Sensor Demand Share Forecast, 2019-2026
10. Latin America Magnetic Proximity Sensor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Magnetic Proximity Sensor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Magnetic Proximity Sensor Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Automotive
10.4.3. Industrial Manufacturing
10.4.4. Food & Beverage
10.4.5. Pharmaceuticals
10.4.6. Consumer Electronics & Building Automation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetic Proximity Sensor Market Size and Volume Forecast by Type
10.7.1. Fixed Distance
10.7.2. Adjustable Distance
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Magnetic Proximity Sensor Demand Share Forecast, 2019-2026
11. Europe Magnetic Proximity Sensor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Magnetic Proximity Sensor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Magnetic Proximity Sensor Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Automotive
11.4.3. Industrial Manufacturing
11.4.4. Food & Beverage
11.4.5. Pharmaceuticals
11.4.6. Consumer Electronics & Building Automation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetic Proximity Sensor Market Size and Volume Forecast by Type
11.7.1. Fixed Distance
11.7.2. Adjustable Distance
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Magnetic Proximity Sensor Demand Share, 2019-2026
12. Asia Pacific Magnetic Proximity Sensor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Magnetic Proximity Sensor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Magnetic Proximity Sensor Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Automotive
12.4.3. Industrial Manufacturing
12.4.4. Food & Beverage
12.4.5. Pharmaceuticals
12.4.6. Consumer Electronics & Building Automation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetic Proximity Sensor Market Size and Volume Forecast by Type
12.7.1. Fixed Distance
12.7.2. Adjustable Distance
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Magnetic Proximity Sensor Demand Share, 2019-2026
13. Middle East & Africa Magnetic Proximity Sensor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Magnetic Proximity Sensor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Magnetic Proximity Sensor Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Automotive
13.4.3. Industrial Manufacturing
13.4.4. Food & Beverage
13.4.5. Pharmaceuticals
13.4.6. Consumer Electronics & Building Automation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetic Proximity Sensor Market Size and Volume Forecast by Type
13.7.1. Fixed Distance
13.7.2. Adjustable Distance
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Magnetic Proximity Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnetic Proximity Sensor Market: Market Share Analysis
14.2. Magnetic Proximity Sensor Distributors and Customers
14.3. Magnetic Proximity Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avago Technologies Inc. (Singapore)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IFM Electronic GmbH (Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric (France)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic Corporation (Japan)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Balluff GmbH (Germany.)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hans Turck GmbH & CO., KG. (Germany)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pepperl + Fuchs GmbH (Germany)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rockwell Automation (U.S.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Omron Corporation (Japan)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Honeywell International Inc. (U.S.)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fargo Controls (U.S.)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sick AG ( Germany)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
