Ultrasonic Sensors Market, By Technology (Bulk Piezoelectric Transducer, Micromachined Ultrasound Transducers (MUT)), By End User Vertical (Automotive, Consumer, Industrial, Medical, and Other End user Verticals), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Ultrasonic Sensors are one of the most common sensors used for industrial automation. They support process improvement, quality control and resource management, allowing for safe, efficient and economical production. It is a versatile, robust and reliable sensor that can be used in multiple application areas, including automotive, industrial automation, drones, grain bin sensing, water level sensing, robotic navigation, etc. As with any other non-contact sensing system, the accuracy of an ultrasonic sensor can be impacted by temperature and humidity. For example, a high-temperature environment could result in inaccurate readings that could lead to costly mistakes or equipment damage.
Market Dynamics:
The rising usage of ultrasonic sensor devices in automobiles for various applications, such as object detection and identification, level sensing in fuel tanks, and park assist systems is expected to propel growth of the global ultrasonic sensors market during the forecast period.
However, the limited detection range of these sensors is a major restraining factor expected to hamper growth of the global ultrasonic sensors market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global ultrasonic sensors market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ultrasonic sensors market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Keyence Corporation, Pepperl+Fuchs, Honeywell International Inc., Baumer Ltd., Rockwell Automation, Murata Manufacturing Co. Ltd., Omron Corporation, Sick AG, Banner Engineering, Baluff Inc., Robert Bosch GmbH, Qualcomm Incorporated, TDK Corporation, Sensata Technologies, and Denso Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global ultrasonic sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ultrasonic sensors market
Detailed Segmentation:
Global Ultrasonic Sensors Market, By Technology
Bulk Piezoelectric Transducer
Micromachined Ultrasound Transducers (MUT)
Global Ultrasonic Sensors Market, By End User Vertical
Automotive
Consumer
Industrial
Medical
Other End user Verticals
Global Ultrasonic Sensors Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Keyence Corporation
Pepperl+Fuchs
Honeywell International Inc.
Baumer Ltd
Rockwell Automation
Murata Manufacturing Co. Ltd
Omron Corporation
Sick AG
Banner Engineering
Baluff Inc.
Robert Bosch GmbH
Qualcomm Incorporated
TDK Corporation
Sensata Technologies
Denso Corporation
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Technology
Market Snapshot, By End User Vertical
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing applications across several industries
Growing product developments
Restraints
Functional flaws of ultrasonic sensors
Availability of radar sensors
Opportunities
Rise in number of research projects to increase efficiency of sensors
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Ultrasonic Sensors Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Ultrasonic Sensors Market , By Technology, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Bulk Piezoelectric Transducer
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Micromachined Ultrasound Transducers (MUT)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
6. Global Ultrasonic Sensors Market , By End User Vertical, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Consumer
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Medical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Other End user Verticals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
7. Global Ultrasonic Sensors Market , By Region, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Mn)
8. Competitive Landscape
Keyence Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Pepperl+Fuchs
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Honeywell International Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Baumer Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Rockwell Automation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Murata Manufacturing Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Omron Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Sick AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Banner Engineering
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Baluff Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Robert Bosch GmbH
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Qualcomm Incorporated
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
TDK Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Sensata Technologies
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Denso Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
9. Section
Research Methodology
About us
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