Dublin, November 10, 2021 (GLOBE NEWSWIRE)-"Ultrasonic sensor market share, scale and growth, by type (proximity detection, ranging), by application (distance measurement, object detection, level measurement, collision avoidance) Testing, other), by end use and by region, forecast to 2028" report has been added to ResearchAndMarkets.com products. The global ultrasonic sensor market is expected to reach US$6.4542 billion in 2028, with a compound annual growth rate of 6.2% during the forecast period.
The increase in the number of ultrasound applications in the healthcare sector and the increasing demand for minimally invasive surgery are the main factors driving market growth. The advantages of minimally invasive surgery include less stress and faster recovery time. The increasing demand for smart medical wearable devices, and the increasing use of various technologies to monitor heart rate, sensing temperature, etc., have led to high consumption of ultrasonic sensors, thereby driving market growth. Some of the main findings in the report:
Among the types of market segments, the proximity sensor segment accounted for the main share of revenue in 2020, and it is expected to record a strong revenue compound annual growth rate during the forecast period.
In the application segment, the distance measurement segment accounted for the main revenue share in 2020, followed by the liquid level measurement segment. The liquid level measurement department is also expected to record a strong compound annual growth rate of revenue during the forecast period.
Among the end-use sectors, the healthcare sector is expected to record the highest revenue growth rate during the forecast period. In 2020, the automotive sector accounted for a considerable share of revenue in the global market.
The North American market will account for the largest revenue share of the global market in 2020 due to many factors, such as mature end-use industries, high demand for advanced technologies, and strong presence of manufacturing units in various industrial vertical industries in the region.
The Asia-Pacific market will account for the second largest revenue share of the global market in 2020.
The companies introduced in the market report include some participants in the ultrasonic sensor market, including Branson Ultrasonic Corp., Honeywell International Inc., Toshiba America Medical Systems, Inc., OMRON Corporation, Murata Manufacturing Co. Ltd., APC International Ltd., Siemens Ag, Rockwell Automation Inc., GE Healthcare, Ltd. and Pepperl Fuchs GmbH. Market participants have adopted various strategies, including mergers, acquisitions, partnerships, and new product development strategies to maintain their competitive advantage and expand their market footprint.
Reasons for buying the report
Robust analysis and estimation of the ultrasonic sensor market through four levels of quality inspection-internal database, expert interviews, government supervision, and forecasts exclusively through time series analysis
The overall competitive landscape of all major players in the ultrasonic sensor market. The report covers their market share, strategic initiatives, new product launches, R&D expenditures, mergers and acquisitions, joint ventures, expansion plans, product-wise measurement space analysis and key developments
A listing strategy specially formulated based on location analysis, which takes into account factors such as government regulations, supplier maps, supply chain barriers, and feedback from local suppliers
Most of the deep dive sub-forks currently available on the market. Our first-class method can help us understand the overall scope of the supply chain and will help you explain the current market dynamics
Pay special attention to supplier structure, supplier mix, customer map, production capacity and annual capacity utilization
Key topics covered: Chapter 1 Market Summary 1.1. Market definition 1.2. Research scope and premise 1.3. Methodology 1.4. Market Estimation Techniques Chapter 2 Executive Summary 2.1. Summary snapshot, 2020-2028 Chapter 3. Indicative indicators Chapter 4. Ultrasonic sensor market segmentation and impact analysis 4.1. Analysis of Ultrasonic Sensor Market Segmentation 4.2. Industry Outlook 4.2.1. Analysis of market indicators 4.2.2. Analysis of market drivers 4.2.2.1. The demand from the food and beverage industry continues to increase 4.2.2.2. Reliability and cost-effectiveness 4.2.3. Analysis of market constraints 4.2.3.1. The development of other alternative sensing technologies and the inadequate manufacturing quality of sensors. 4.3. Technical insight 4.4. Regulatory framework 4.5. ETOP analysis 4.6. Porter's Five Forces Analysis 4.7. Competitive metric space analysis 4.8. Price Trend Analysis Chapter 5. The ultrasonic sensor market by application insights and trends 5.1. Application dynamics and market share, 5.2 in 2021 and 2028. Object detection 5.2.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.2.2. Market estimates and forecasts, by region, 2018-2028 (millions of US dollars) (thousands of units) 5.3. 5.3.1 Liquid level measurement market estimates and forecasts, 2018-2028 (millions of US dollars) (thousands of units) 5.3.2 . Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.4. Distance measurement 5.4.1. Market estimates and forecasts, 2018-2028 (millions of US dollars) (thousands of units) 5.4.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.5. Anti-collision detection 5.5.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.5.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.6. Other 5.6.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.6.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) Chapter 6. Ultrasonic Sensor Market Insights and Trends by Type 6.1. Type dynamics and market share, 6.2 in 2021 and 2028. Proximity detection 6.2.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 6.2.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 6.3. Ranging measurement6.3.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 6.3.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) Chapter 7. End-user insights and trends in the ultrasonic sensor market 7.1. End-user dynamics and market share in 2021 and 2028 7.2. Automotive 7.2.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.2.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.3. Medical and healthcare 7.3.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.3.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.4. Chemistry 7.4.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.4.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.5. Construction 7.5.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.5.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.6. Other 7.6.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.6.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) Chapter 8. Chapter 9 of the Ultrasonic Sensor Market Outlook by Region. Competitive landscape 9.1. Manufacturer’s market revenue share is 9.2. Breakdown analysis of manufacturing costs 9.3. Mergers and acquisitions 9.4. Market positioning 9.5. Strategy Benchmark 9.6. Supplier Profile Chapter 10 Company Profile 10.1. Branson Ultrasonic Company, 10.1.1. Company profile 10.1.2. Financial performance 10.1.3. Technical insight 10.1.4. Strategic initiatives 10.2. Honeywell International Corporation 10.2.1. Company profile 10.2.2. Financial performance 10.2.3. Technical insight 10.2.4. Strategic initiatives 10.3. Toshiba American Medical Systems Corporation 10.3.1. Company profile 10.3.2. Financial performance 10.3.3. Technical insight 10.3.4. Strategic initiatives 10.4. Omron Corporation 10.4.1. Company profile 10.4.2. Financial performance 10.4.3. Technical insight 10.4.4. Strategic initiatives 10.5. Murata Manufacturing Co., Ltd. 10.5.1. Company profile 10.5.2. Financial performance 10.5.3. Technical insight 10.5.4. Strategic initiatives 10.6. APC International Ltd. 10.6.1. Company profile 10.6.2. Financial performance 10.6.3. Technical insight 10.6.4. Strategic initiatives 10.7. Siemens AG 10.7.1. Company profile 10.7.2. Financial performance 10.7.3. Technical insight 10.7.4. Strategic initiative 10.8. Rockwell Automation 10.8.1. Company profile 10.8.2. Financial performance 10.8.3. Technical insight 10.8.4. Strategic initiative 10.9. GE Healthcare Co., Ltd. 10.9.1. Company profile 10.9.2. Financial performance 10.9.3. Technical insight 10.9.4. Strategic initiative 10.10. Pepperl+Fuchs Co., Ltd. 10.10.1. Company profile 10.10.2. Financial performance 10.10.3. Technical insight 10.10.4. Strategic Initiatives For more information on this report, please visit https://www.researchandmarkets.com/r/9wk7im
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