The Asia Pacific Proximity and Displacement Sensors Market would witness market growth of 9.6% CAGR during the forecast period (2023-2029).
The market is projected to expand faster due to recent discoveries in commodity manufacturing sectors like the automotive industry. Additionally, increasing investment flows into industrial automation to achieve the goal of zero defects in manufacturing would increase market demand. Additionally, continuous technological advancements by major industry players for product differentiation to control pricing pressure issues may boost demand in the market.
Widespread inductive sensors are used for discrete automation. Some of the primary application areas supplanting the rising need for inductive sensors are automated teller machines (ATMs), automotive vending machines, and gaming machines. In addition to the aforementioned application, photoelectric sensors are increasing their application areas in the food and beverage and automobile industries. Furthermore, the automotive sector is quickly expanding in developing nations.
The Indian automobile industry has benefited from government programs like "Make in India" and the Automobile Mission Plan 2026. To make the Indian automobile industry the key driver of the Make in India effort, the government and the industry have created the automobile Mission Plan 2026. Due to factors like an increase in the number of urban residents and close substitutes for each segment outfitted with the best technological advancements like active and passive safety systems, comfort amenities, and high-performing powertrains, the automotive industry is a highly competitive market that is experiencing growth.
The China market dominated the Asia Pacific Proximity and Displacement Sensors Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,247.9 million by 2029. The Japan market is experiencing a CAGR of 9% during (2023 - 2029). Additionally, The India market would display a CAGR of 10.3% during (2023 - 2029).
Based on Type, the market is segmented into Inductive Sensor, Magnetic Sensor, Photoelectric Sensor, Ultrasonic Sensor, Capacitive Sensor, LVDT Sensor and Others. Based on End User, the market is segmented into Manufacturing, Food & Beverages, Automotive, Healthcare and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Proximity and Displacement Sensors Market is Projected to reach USD 12 Billion by 2029, at a CAGR of 9.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Keyence Corporation, Panasonic Holdings Corporation, Kaman Corporation, Standex International Corporation, Luna Innovations, Incorporated, Pepperl + Fuchs Group, IFM Electronics GmbH, Hans Turck GmbH & Co. KG and Lion Precision (Carlisle Companies Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Type
- Inductive Sensor
- Magnetic Sensor
- Photoelectric Sensor
- Ultrasonic Sensor
- Capacitive Sensor
- LVDT Sensor
- Others
By End User
- Manufacturing
- Food & Beverages
- Automotive
- Healthcare
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Keyence Corporation
- Panasonic Holdings Corporation
- Kaman Corporation
- Standex International Corporation
- Luna Innovations, Incorporated
- Pepperl + Fuchs Group
- IFM Electronics GmbH
- Hans Turck GmbH & Co. KG
- Lion Precision (Carlisle Companies Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Proximity and Displacement Sensors Market, by Type
1.4.2 Asia Pacific Proximity and Displacement Sensors Market, by End User
1.4.3 Asia Pacific Proximity and Displacement Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2021
3.2 Strategies Deployed in Proximity and Displacement Sensors Market
Chapter 4. Asia Pacific Proximity and Displacement Sensors Market by Type
4.1 Asia Pacific Inductive Sensor Market by Country
4.2 Asia Pacific Magnetic Sensor Market by Country
4.3 Asia Pacific Photoelectric Sensor Market by Country
4.4 Asia Pacific Ultrasonic Sensor Market by Country
4.5 Asia Pacific Capacitive Sensor Market by Country
4.6 Asia Pacific LVDT Sensor Market by Country
4.7 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Proximity and Displacement Sensors Market by End User
5.1 Asia Pacific Manufacturing Market by Country
5.2 Asia Pacific Food & Beverages Market by Country
5.3 Asia Pacific Automotive Market by Country
5.4 Asia Pacific Healthcare Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Proximity and Displacement Sensors Market by Country
6.1 China Proximity and Displacement Sensors Market
6.1.1 China Proximity and Displacement Sensors Market by Type
6.1.2 China Proximity and Displacement Sensors Market by End User
6.2 Japan Proximity and Displacement Sensors Market
6.2.1 Japan Proximity and Displacement Sensors Market by Type
6.2.2 Japan Proximity and Displacement Sensors Market by End User
6.3 India Proximity and Displacement Sensors Market
6.3.1 India Proximity and Displacement Sensors Market by Type
6.3.2 India Proximity and Displacement Sensors Market by End User
6.4 South Korea Proximity and Displacement Sensors Market
6.4.1 South Korea Proximity and Displacement Sensors Market by Type
6.4.2 South Korea Proximity and Displacement Sensors Market by End User
6.5 Singapore Proximity and Displacement Sensors Market
6.5.1 Singapore Proximity and Displacement Sensors Market by Type
6.5.2 Singapore Proximity and Displacement Sensors Market by End User
6.6 Malaysia Proximity and Displacement Sensors Market
6.6.1 Malaysia Proximity and Displacement Sensors Market by Type
6.6.2 Malaysia Proximity and Displacement Sensors Market by End User
6.7 Rest of Asia Pacific Proximity and Displacement Sensors Market
6.7.1 Rest of Asia Pacific Proximity and Displacement Sensors Market by Type
6.7.2 Rest of Asia Pacific Proximity and Displacement Sensors Market by End User
Chapter 7. Company Profiles
7.1 Omron Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments:
7.1.5.1 Product launches and product Expansions:
7.1.6 SWOT Analysis
7.2 Keyence Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Panasonic Holdings Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Kaman Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 Standex International Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 Luna Innovations, Incorporated
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.7 Pepperl + Fuchs Group
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.7.2.2 Acquisition and Mergers:
7.8 IFM Electronics GmbH
7.8.1 Company Overview
7.9 Hans Turck GmbH & Co. KG
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Lion Precision (Carlisle Companies Inc.)
7.10.1 Company Overview
TABLE 1 Asia Pacific Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Inductive Sensor Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Inductive Sensor Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Magnetic Sensor Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Magnetic Sensor Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Photoelectric Sensor Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Photoelectric Sensor Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Ultrasonic Sensor Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Ultrasonic Sensor Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Capacitive Sensor Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Capacitive Sensor Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific LVDT Sensor Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific LVDT Sensor Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Food & Beverages Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Automotive Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Proximity and Displacement Sensors Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Proximity and Displacement Sensors Market by Country, 2023 - 2029, USD Million
TABLE 33 China Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 34 China Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 35 China Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 36 China Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 37 China Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 38 China Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 39 Japan Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 40 Japan Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 41 Japan Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 42 Japan Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 43 Japan Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 44 Japan Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 45 India Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 46 India Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 47 India Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 48 India Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 49 India Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 50 India Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 51 South Korea Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 52 South Korea Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 53 South Korea Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 54 South Korea Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 55 South Korea Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 56 South Korea Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 57 Singapore Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 58 Singapore Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 59 Singapore Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 60 Singapore Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 61 Singapore Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 62 Singapore Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 63 Malaysia Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 64 Malaysia Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 65 Malaysia Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 66 Malaysia Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 67 Malaysia Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 68 Malaysia Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 69 Rest of Asia Pacific Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 70 Rest of Asia Pacific Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 71 Rest of Asia Pacific Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 72 Rest of Asia Pacific Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 73 Rest of Asia Pacific Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 74 Rest of Asia Pacific Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 75 Key Information – Omron Corporation
TABLE 76 key information – Keyence Corporation
TABLE 77 Key Information – Panasonic Holdings Corporation
TABLE 78 Key Information – Kaman Corporation
TABLE 79 Key Information – Standex International Corporation
TABLE 80 key information – Luna Innovations, Incorporated
TABLE 81 Key Information – Pepperl + Fuchs Group
TABLE 82 Key Information – IFM Electronics GmbH
TABLE 83 key information – Hans Turck GmbH & Co. KG
TABLE 84 Key Information – Lion Precision
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Asia Pacific Proximity and Displacement Sensors Market share by Type, 2022
FIG 4 Asia Pacific Proximity and Displacement Sensors Market share by Type, 2029
FIG 5 Asia Pacific Proximity and Displacement Sensors Market by Type, 2019 - 2029, USD Million
FIG 6 Asia Pacific Proximity and Displacement Sensors Market share by End User, 2022
FIG 7 Asia Pacific Proximity and Displacement Sensors Market share by End User, 2029
FIG 8 Asia Pacific Proximity and Displacement Sensors Market by End User, 2019 - 2029, USD Million
FIG 9 Asia Pacific Proximity and Displacement Sensors Market share by Country, 2022
FIG 10 Asia Pacific Proximity and Displacement Sensors Market share by Country, 2029
FIG 11 Asia Pacific Proximity and Displacement Sensors Market by Country, 2019 - 2029, USD Million
FIG 12 SWOT Analysis: Omron Corporation
FIG 13 SWOT Analysis: Keyence Corporation
FIG 14 SWOT Analysis: Panasonic Holdings Corporation
FIG 15 Recent strategies and developments: Pepperl + Fuchs Group