Published Date: 3-Feb-2021
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According to a new report Europe Ultrasonic Sensors Market, published by KBV research, the Europe Ultrasonic Sensors Market would witness market growth of 8.9% CAGR during the forecast period (2020-2026).
The Germany market dominated the Europe Distance Measurement Ultrasonic Sensors Market by Country in 2019, growing at a CAGR of 7.3 % during the forecast period. The UK market is experiencing a CAGR of 7.7% during (2020 - 2026). Additionally, The France market is anticipated to witness a CAGR of 9.3% during (2020 - 2026).
The Consumer Electronics market dominated the Russia Ultrasonic Sensors Market by End User in 2019, growing at a CAGR of 6.8 % during the forecast period. The Automotive market would showcase a CAGR of 7.8% during (2020 - 2026). The Aerospace & Defense market is estimated to grow at a CAGR of 9.4% during (2020 - 2026). Additionally, The Healthcare market is expected to witness a CAGR of 9.7% during (2020 - 2026).
The Retro-reflective Sensor market dominated the Italy Ultrasonic Sensors Market by Technology in 2019, thereby, achieving a market value of $38.6 million by 2026. The Through-beam Sensor market would exhibit a CAGR of 10.3% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Honeywell International, Inc., Murata Manufacturing Co., Ltd., Rockwell Automation, Inc., Sick AG, Siemens AG, Baumer Holding AG, Balluff GmbH, IFM Electronics GmbH, Hans Turck GmbH & Co. KG, and Pepperl+Fuchs Group.
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