Global Non-Contacting Displacement Sensors Market Growth 2024-2030

Global Non-Contacting Displacement Sensors Market Growth 2024-2030

Displacement is a quantity related to the orientation change of an object during motion, and the measurement method of displacement covers a wide range of scales.

Displacement sensors are often used in industrial production. Displacement sensors, also known as linear sensors, are linear devices that belong to metal induction. The function of displacement sensors is to convert various measured physical quantities into electrical energy, and output different electrical energy according to the size of the displacement. The magnitude of the displacement of the signal, and then the magnitude of the displacement can be determined.

The displacement sensor is mainly used to measure distance. The difference between it and the proximity sensor is that the displacement sensor is a precision measurement with an accuracy range between nm and mm, and is used for precision measurement in industry or laboratories. The proximity sensor is an inaccurate indicator, and can only measure two indicators, whether it is close or far away, and is used for primary detection in industry.

Non-contact displacement sensors include laser, magnetoresistive/magnetostrictive, photoelectric, ultrasonic, and eddy current. Different types of downstream core application areas vary greatly.

The global Non-Contacting Displacement Sensors market size is projected to grow from US$ 2032 million in 2024 to US$ 2892 million in 2030; it is expected to grow at a CAGR of 6.1% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Non-Contacting Displacement Sensors Industry Forecast” looks at past sales and reviews total world Non-Contacting Displacement Sensors sales in 2023, providing a comprehensive analysis by region and market sector of projected Non-Contacting Displacement Sensors sales for 2024 through 2030. With Non-Contacting Displacement Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Contacting Displacement Sensors industry.

This Insight Report provides a comprehensive analysis of the global Non-Contacting Displacement Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Non-Contacting Displacement Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Contacting Displacement Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Contacting Displacement Sensors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non-Contacting Displacement Sensors.

Displacement sensors are divided into contact and non-contact types. Non-contact sensors are generally more expensive, with higher measurement accuracy and better durability. The biggest advantage of non-contact sensors is that they can measure objects with dust and oil stains on the surface. This process can avoid dust and oil stains on the surface of the object and achieve accurate measurement. There are many types of non-contact displacement sensors, and the price mainly depends on the range, accuracy and object being measured.

The main driving factors of non-contact industrial displacement sensors are Industry 4.0 and intelligent manufacturing. With the advancement of Industry 4.0, the corresponding equipment and parts will develop towards the trend of intelligence. As an indispensable part of various industrial automation equipment, the displacement sensor will further increase its market size in the future.

Globally, the market size of non-contact industrial displacement sensors accounts for more than 65%. Core companies are mainly distributed in Japan, Europe (mainly Germany), the United States and China. Among them, European companies account for more than 50%, and Chinese local companies still account for a relatively small share of this market. The leading companies in non-contact industrial displacement sensors include Keyence, Ifm, Turck, Omron, Balluff, Temposonics (Amphenol), Miiris, TE Connectivity, SICK, etc. The market share of the top 5 companies is about 30%, and the market is relatively fragmented.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Contacting Displacement Sensors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Laser Sensor
Magnetostrictive Sensor
Photoelectric Sensor
Ultrasonic Sensor
Eddy Current Sensor

Segmentation by Application:
Automotive
Aerospace & Military
Industrial Manufacturing
Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
KEYENCE
IFM Electronic
Turck
OMRON Corporation
Balluff
Temposonics (Amphenol)
Micro-Epsilon
TE Connectivity
SICK
Panasonic
Honeywell
Baumer
Optex-FA
Solartron (Ametek)
HBK
Pepperl+Fuchs
Schreiber Messtechnik GmbH
Kodenshi
MTI Instruments (VITREK)
Burster
MEGATRON
NanJing GOVA Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-Contacting Displacement Sensors market?

What factors are driving Non-Contacting Displacement Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Non-Contacting Displacement Sensors market opportunities vary by end market size?

How does Non-Contacting Displacement Sensors break out by Type, by Application?



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