A proximity sensor is integrated in systems to detect the presence of an object of interest within the vicinity of the sensor. The function is featured with non-contact detection ensuring a high degree of reliability and durability of sensor. A displacement sensor measures the displacement of object of interest from one point to another. Today, the market for proximity and displacement sensors is in a progressive phase of its product life cycle. Rapidly growing demand of these sensors in the development of factory and process automation systems has increased the rivalry in theProximity and Displacement (P&D) sensor market creating a healthy competitive environment in the market.
Rising trend of process automation in factories and the continuous growth of smartphone and tablet market, largely drive the proximity & displacement sensors market. In addition, the declining price trend is expected to drive the market exponentially. Growing popularity towards contact less sensing applications and the interest of automobile manufacturers towards the integration of sensor technology in automotive security and infotainment systems will eventually uplift the market for proximity and displacement sensors.
The basic types of proximity sensors are inductive, photoelectric, capacitive, magnetic, LVDT, and ultrasonic Sensors. With multiplicity of applications, inductive type shows highest market share (more than 30%) during the forecast period of (2014-2020).
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The application industries studied in the report include parking sensor systems, ground proximity warning system, anti-aircraft warfare, roller coasters, conveyor systems, vibration monitoring systems, assembly line testing, mobile devices and others. Parking sensor system holds the maximum revenue share presently, followed by conveyor system, and mobile devices.
The proximity and displacement sensors, in accordance to end users, are segmented into industries such as automotive, pharmaceutical, pulp and paper, food and beverages, manufacturing, elevators and escalators, & metals and mining.
The automobile and manufacturing industries hold a higher market share with higher unit cost along with a higher size of demand.
Geographically, the global market is segmented across North America, Europe, Asia-Pacific, and LAMEA. North America was the leading region in proximity and displacement sensors market followed by Asia-Pacific in 2013. Most of the OEM’s are concentrated in North America & Asia-Pacific region. This is a key reason for the substantial market share in this region.
The prominent players in this market are ifm electronics gmbh, Kaman Corporation, Keyence Corporation, Lion Precision Inc., Micron Optics, Inc., Omron Corporation, Panasonic Corporation, Pepperl+Fuchs, Standex-Meder Electronics Inc., and Turck Inc. These key players are profiled in the report with detailed information on their business overview, product portfolios, financials, investments, news and recent developments.
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Table Of Content Of Proximity and Displacement (P&D) sensor Market:
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
2.2 Market beyond: what to expect by 2025
2.2.1 Moderate case scenario
2.2.2 Optimistic case scenario
2.2.3 Critical case scenario
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top Impacting Factors
3.2.2 Top Investment Pockets
3.2.3 Top Winning Strategies
3.3 Porter’s fiver forces analysis
3.3.1 Plenty of raw material providers lowers the bargaining power of suppliers
3.3.2 Low threat of backward integration maintains the buyers’ bargaining power at moderate level
3.3.3 Low threat of substitutes
3.3.4 Low initial investment maintains the threat of new entrants at high level.
3.3.5 Presence of large number of unequal-sized competitors keeps competitive rivalry at high level
3.4 Value Chain Analysis
3.5 Key Market Players Positioning
3.6 Case Studies
3.7 Market dynamics
3.7.1 Drivers
3.7.1.1 Factory -Process Automationthe rising trend
3.7.1.2 Growing Awareness towards enery efficiency
3.7.1.3 Rising popularity towards contactless sensing
3.7.1.4 Rising demand for elevators and escalators
3.7.1.5 Technological improvments in Automotive security and infotainment system
3.7.1.6 continuing growth of smartphone and tablet market
3.7.1.7 Rising popularity of miniature size proximity and displacement sensors
3.7.2 Restraints
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