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Proximity Sensors Market Share

  • Report ID: GMI11196
  • Published Date: Sep 2024
  • Report Format: PDF

Proximity Sensors Market Share

Honeywell International Inc. and Omron Corporation collectively held a significant share of the market in 2023. Honeywell International Inc. is a leading player in the proximity sensors industry, leveraging its extensive expertise in sensing technologies and automation. Honeywell's proximity sensors are widely used across various industries, including aerospace, automotive, and industrial manufacturing. The company offers a broad range of sensors, including inductive, capacitive, and magnetic types, designed for high reliability and accuracy in challenging environments. Honeywell's commitment to innovation and quality ensures that its proximity sensors meet the stringent demands of modern industrial applications, contributing significantly to the company's strong presence in the global market.
 

Omron Corporation is a prominent name in the proximity sensors market, recognized for its advanced sensor technology and innovation in automation solutions. Omron's proximity sensors, including inductive and capacitive models, are widely adopted in sectors such as industrial automation, healthcare, and consumer electronics. The company is known for its high-performance sensors that offer precision and durability, making them suitable for complex applications like robotics and smart manufacturing. Omron's focus on continuous improvement and integration of smart technologies into its sensor offerings positions it as a key player in the global market.
 

Proximity Sensors Market Companies

Major players operating in the proximity sensors industry are:

  • Honeywell International Inc.
  • Omron Corporation
  • Panasonic Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • Texas Instruments Inc.
     
Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for proximity sensors was valued at USD 4.7 billion in 2023 and is anticipated to grow at over 5% CAGR between 2024 and 2032 driven by advancements in automotive technology.

The active segment in the proximity sensors market is expected to reach over USD 2 billion by 2032 as they can operate effectively in various environments.

Asia Pacific market is expected to reach over USD 2.5 billion by 2032 due to the robust manufacturing sector, especially in countries like China, Japan, South Korea, and Taiwan.

Honeywell International Inc., Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, and Texas Instruments Inc.

Proximity Sensors Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 338
  • Countries covered: 21
  • Pages: 220
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