Published Date: 3-Feb-2021
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According to a new report North America Ultrasonic Sensors Market, published by KBV research, the North America Ultrasonic Sensors Market would witness market growth of 9.3% CAGR during the forecast period (2020-2026).
The US market dominated the North America Through-beam Sensor Ultrasonic Sensors Market by Country in 2019, and would continue to be a dominant market till 2026. The Canada market is showcasing a CAGR of 10.7% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 9.7% during (2020 - 2026).
The Level Measurement market dominated the Canada Ultrasonic Sensors Market by Type in 2019, growing at a CAGR of 11 % during the forecast period. The Distance Measurement market is estimated to grow at a CAGR of 11.3% during (2020 - 2026). Additionally, The Obstacle Detection market is expected to witness a CAGR of 13% during (2020 - 2026).
The Consumer Electronics market dominated the Mexico Ultrasonic Sensors Market by End User in 2019, thereby, achieving a market value of $30 million by 2026. The Automotive market is experiencing a CAGR of 9.9% during (2020 - 2026). The Aerospace & Defense market would showcase a CAGR of 11.8% during (2020 - 2026). Additionally, The Healthcare market is witnessing a CAGR of 12.1% 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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