The Europe Proximity and Displacement Sensors Market would witness market growth of 8.8% CAGR during the forecast period (2023-2029).
The market trends value chain consists of stakeholders, such as component manufacturers, 3D software developers, original equipment manufacturers of utility solutions, and service providers. Each of these actors contributes a distinct value to the product's competitive value at their respective operation points. From the market perspective, R&D activities, innovations, marketing strategies, and aesthetic considerations increase the overall value of each participant’s final product. In addition, the market trends feature a rise in digitization as well as an increase in the use of smart technologies in regional applications.
In a moderate case scenario, the market will continue to expand constantly. Existing automotive applications, such as intelligent parking systems and ground proximity warning systems, are expected to support the market. As a result of development in the manufacturing sector, automation technologies may experience a growth rate. All of these factors contribute to the incremental expansion of the market.
Germany dominates Europe in manufacturing and selling passenger cars, accounting for about 25% of all vehicles produced and 20% of new registrations. Significantly, Germany has the largest number of OEM factories in Europe. There are now 44 Original Equipment Manufacturer (OEM) locations in Germany. In the EU OEM industry in 2021, Germany outpaced all other nations with a more than 55% market share. Additionally, German companies make up 20% of the top 75 automotive suppliers. Strict vehicle safety regulations in the area, rising manufacturing of cars, and government efforts to increase the number of electric vehicles (EVs) on the road will all help to increase the need for vehicle safety technologies like proximity and displacement sensors, which will drive market expansion in the region.
The Germany market dominated the Europe 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 $711 million by 2029. The UK market is anticipated to grow at a CAGR of 7.9% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 9.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Proximity and Displacement Sensors Market, by Type
1.4.2 Europe Proximity and Displacement Sensors Market, by End User
1.4.3 Europe 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. Europe Proximity and Displacement Sensors Market by Type
4.1 Europe Inductive Sensor Market by Country
4.2 Europe Magnetic Sensor Market by Country
4.3 Europe Photoelectric Sensor Market by Country
4.4 Europe Ultrasonic Sensor Market by Country
4.5 Europe Capacitive Sensor Market by Country
4.6 Europe LVDT Sensor Market by Country
4.7 Europe Others Market by Country
Chapter 5. Europe Proximity and Displacement Sensors Market by End User
5.1 Europe Manufacturing Market by Country
5.2 Europe Food & Beverages Market by Country
5.3 Europe Automotive Market by Country
5.4 Europe Healthcare Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Proximity and Displacement Sensors Market by Country
6.1 Germany Proximity and Displacement Sensors Market
6.1.1 Germany Proximity and Displacement Sensors Market by Type
6.1.2 Germany Proximity and Displacement Sensors Market by End User
6.2 UK Proximity and Displacement Sensors Market
6.2.1 UK Proximity and Displacement Sensors Market by Type
6.2.2 UK Proximity and Displacement Sensors Market by End User
6.3 France Proximity and Displacement Sensors Market
6.3.1 France Proximity and Displacement Sensors Market by Type
6.3.2 France Proximity and Displacement Sensors Market by End User
6.4 Russia Proximity and Displacement Sensors Market
6.4.1 Russia Proximity and Displacement Sensors Market by Type
6.4.2 Russia Proximity and Displacement Sensors Market by End User
6.5 Spain Proximity and Displacement Sensors Market
6.5.1 Spain Proximity and Displacement Sensors Market by Type
6.5.2 Spain Proximity and Displacement Sensors Market by End User
6.6 Italy Proximity and Displacement Sensors Market
6.6.1 Italy Proximity and Displacement Sensors Market by Type
6.6.2 Italy Proximity and Displacement Sensors Market by End User
6.7 Rest of Europe Proximity and Displacement Sensors Market
6.7.1 Rest of Europe Proximity and Displacement Sensors Market by Type
6.7.2 Rest of Europe 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 Europe Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 2 Europe Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 3 Europe Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 5 Europe Inductive Sensor Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Inductive Sensor Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Magnetic Sensor Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Magnetic Sensor Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Photoelectric Sensor Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Photoelectric Sensor Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Ultrasonic Sensor Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Ultrasonic Sensor Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Capacitive Sensor Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Capacitive Sensor Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe LVDT Sensor Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe LVDT Sensor Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 20 Europe Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 21 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Food & Beverages Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Automotive Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 29 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Proximity and Displacement Sensors Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Proximity and Displacement Sensors Market by Country, 2023 - 2029, USD Million
TABLE 33 Germany Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 34 Germany Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 35 Germany Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 36 Germany Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 37 Germany Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 38 Germany Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 39 UK Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 40 UK Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 41 UK Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 42 UK Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 43 UK Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 44 UK Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 45 France Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 46 France Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 47 France Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 48 France Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 49 France Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 50 France Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 51 Russia Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 52 Russia Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 53 Russia Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 54 Russia Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 55 Russia Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 56 Russia Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 57 Spain Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 58 Spain Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 59 Spain Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 60 Spain Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 61 Spain Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 62 Spain Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 63 Italy Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 64 Italy Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 65 Italy Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 66 Italy Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 67 Italy Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 68 Italy Proximity and Displacement Sensors Market by End User, 2023 - 2029, USD Million
TABLE 69 Rest of Europe Proximity and Displacement Sensors Market, 2019 - 2022, USD Million
TABLE 70 Rest of Europe Proximity and Displacement Sensors Market, 2023 - 2029, USD Million
TABLE 71 Rest of Europe Proximity and Displacement Sensors Market by Type, 2019 - 2022, USD Million
TABLE 72 Rest of Europe Proximity and Displacement Sensors Market by Type, 2023 - 2029, USD Million
TABLE 73 Rest of Europe Proximity and Displacement Sensors Market by End User, 2019 - 2022, USD Million
TABLE 74 Rest of Europe 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 Europe Proximity and Displacement Sensors Market share by Type, 2022
FIG 4 Europe Proximity and Displacement Sensors Market share by Type, 2029
FIG 5 Europe Proximity and Displacement Sensors Market by Type, 2019 - 2029, USD Million
FIG 6 Europe Proximity and Displacement Sensors Market share by End User, 2022
FIG 7 Europe Proximity and Displacement Sensors Market share by End User, 2029
FIG 8 Europe Proximity and Displacement Sensors Market by End User, 2019 - 2029, USD Million
FIG 9 Europe Proximity and Displacement Sensors Market share by Country, 2022
FIG 10 Europe Proximity and Displacement Sensors Market share by Country, 2029
FIG 11 Europe 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