Published Date: 3-Feb-2021
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According to a new report LAMEA Ultrasonic Sensors Market, published by KBV research, the LAMEA Ultrasonic Sensors Market would witness market growth of 10.5% CAGR during the forecast period (2020-2026).
The Brazil market dominated the LAMEA Healthcare Ultrasonic Sensors Market by Country in 2019, thereby, achieving a market value of $21.9 million by 2026. The Argentina market would witness a CAGR of 12.4% during (2020 - 2026). Additionally, The UAE market is exhibiting a CAGR of 11.4% during (2020 - 2026).
The Retro-reflective Sensor market dominated the Saudi Arabia Ultrasonic Sensors Market by Technology in 2019, growing at a CAGR of 9.9 % during the forecast period. The Through-beam Sensor market is expected to witness a CAGR of 9.8% during (2020 - 2026).
The Level Measurement market dominated the South Africa Ultrasonic Sensors Market by Type in 2019, growing at a CAGR of 10.6 % during the forecast period. The Distance Measurement market is estimated to grow at a CAGR of 10.8% during (2020 - 2026). Additionally, The Obstacle Detection market would showcase a CAGR of 12.5% 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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