Detailed examination of the Asia-Pacific Proximity and Displacement Sensor Market - opportunities and forecasts, 2016 - 2020

Press Release   •   Nov 19, 2016 06:50 EST

Proximity sensors detect the existence of objects of interest in the vicinity of the sensor. Absolute displacement as well as relative displacement of objects can be measured using displacement sensors. The sensors are capable of detecting objects through contact as well as contactless detection and measurement. The growing adoption of factory and process automation across diverse industries has expanded the application areas of proximity and displacement sensors. The Asia-Pacific market has experienced an increased demand from automobile and electronics manufacturing industries. The sensors find applications in development of efficient smart electronic equipment. The growing demand of energy efficient equipment such as elevators and escalators has significantly accelerated the growth of this market. The proximity and displacement sensors are further categorized into inductive, capacitive, ultrasonic, photoelectric, magnetic, and LVDT.

Check Complete Report @

Inductive sensors are majorly used for detection of metallic objects whereas, photoelectric sensors are used for detection of non-metallic objects in their respective field of operation. Photoelectric sensors are expected to hold the largest market share during the analysis period 2014-2020, owing to their wide applications. The various applications of proximity and displacement sensor include parking sensor systems, anti-aircraft warfare, ground proximity warning system, conveyor systems, roller coasters, assembly line testing, vibration monitoring systems, mobile devices and others (detection of surface run-out of blades, precision thickness measurement, and disc driving spindle). The maximum revenue share is held by parking sensor system, followed by mobile device and conveyor system. On the basis of end users, the market is segmented into automotive, pulp & paper, pharmaceutical, manufacturing, food & beverages, elevators & escalators and metals & mining. The automobile and manufacturing industries together constitute 50% of the market revenue, owing to high unit cost, and increased demand of proximity and displacement sensors in these end user sectors.

The Asia-Pacific market has been analyzed across various countries including China, Japan, India, South Korea, Australia and rest of Asia-Pacific countries, which include Malaysia, Indonesia, Vietnam and Thailand. China dominated the Asia-Pacific proximity and displacement sensors market with 38% revenue share in 2014 and is forecasted to maintain its position, owing to the high concentration of industrial sectors. The major vendors in the Asia-Pacific proximity and displacement sensor market include ifm Electronics GmbH, Keyence Corporation, Kaman Corporation, Micron Optics, Inc., SICK Sensor Intelligence, Panasonic Corporation, Omron Corporation, Pepperl+Fuchs, Standex-Meder Electronics Inc., and Turck Inc.

Get Sample Brochure of the Report @

These key players consistently launch new products and collaborate with other players in the market for enhancing their offerings in the market and strengthen their market penetration.
POTENTIAL BENEFITS FOR STAKEHOLDERS The report provides an in-depth analysis of Asia-Pacific proximity and displacement sensor along with current and future market trends The report provides a comprehensive competitive scenario of the markets, with current and future market growth trends, market structure, driving factors, scope, opportunities and the challenges in the market Porters Five Forces model is used for analysis of the buyer and supplier potential and for highlighting the competitive structure of the market Value chain analysis provides key inputs on the role of all stakeholders in the market which would enable market players to devise effective plans and facilitate better decision making SWOT analysis of key players of market draws out the essential strengths and probable opportunities in the market

APAC PROXIMITY AND DISPLACEMENT SENSORSMARKET KEYSEGMENTS The APAC Proximity and Displacement Sensors market segmentation is illustrated below:

  • Market By Type Inductive SensorsPhotoelectric SensorsCapacitive SensorsUltrasonic SensorsMagnetic SensorsLVDT Sensors
  • Market By Application Parking Sensor System Ground Proximity Warning System Vibration Monitoring System Anti-aircraft Warfare Roller Coaster Conveyor System Mobile Device Assembly Line Testing Other (Detection of surface run-out of blades, precision thickness measurement and disc driving spindle)
  • Market By End User Automobile IndustryPharmaceutical IndustryFood and Beverages industryPulp & Paper IndustryManufacturing industryElevators and EscalatorsMetals and Mining industryMarket By CountryChinaJapanIndiaSouth KoreaAustraliaRest of Asia-Pacific (Malaysia, Indonesia, Vietnam and Thailand)
  • KEY PLAYERS ifm Electronic GmbHPepperl + FuchsSick Sensor IntelligenceKaman CorporationTurck Inc.Micron Optics Inc.Standex-Meder Electronics Inc.Keyence CorporationPanasonic CorporationOmron Corporation

Order a copy of Asia-Pacific Proximity and Displacement Sensor Market Report now @

About us:

MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.

A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports.

MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.

MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.

Contact us:
Mayur S
Sales Manager

2711 Centerville Road, Suite 400,
United States
Telephone: 1-302-261-5343