Automotive Proximity Sensor Market Overview
The global Automotive Proximity Sensor market is projected to grow at a considerable rate in the forthcoming years. Proximity sensors are a form of motion sensor that detects movement without the need for physical input from the sensing object. Automobile proximity sensors are being driven by technological advancements in the automotive industry, such as safety and security systems, hybrid vehicles, autonomous vehicles, and autonomous trains, which all use proximity sensors.
Temperature sensors, motion detectors, photon sensors, and other sensors are used in autonomous technologies including parking assist systems and ADAS. These sensors are essential for autonomous systems because they generate the data crucial for effective and correct operation. Because of regulatory and public interest in safety applications that protect passengers and reduce accident fatalities, demand for advanced driver-assistance systems (ADAS) that monitor, alert, and regulate braking and vehicle steering automatically is likely to rise. The market for automotive proximity sensors is being driven by this.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Vehicle Type, Product Type, End-use Industry, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Ormon Corporation, Balluff GmbH, Altech Corporation, Semtech Corporation, Panasonic Corporation, NXP Semiconductors, Sick Ag, Delta Electronics Inc., Rockwell Automation, Inc., Pepperl+Fuchs GmbH, Honeywell International Inc., Sensata Technologies, Infineon Technologies AG. |
Covid-19 Impact on Automotive Proximity Sensor Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Automotive Proximity Sensor Market Segment Overview
According to Product Type, Capacitive Proximity Sensors is one of the largest segment of the global Automotive Proximity Sensor market. Capacitive proximity sensors are low-cost, low-maintenance, reliable, and consume a lot of power. Furthermore, capacitive proximity sensors detect both metallic and non-metallic objects, as a contrast to inductive proximity sensors, which only detect metallic objects. Capacitive proximity sensors are widely utilized in the connected car, connected home, intelligent transportation, and other applications. During the anticipated time, these factors are likely to boost the segment growth.
Automotive Proximity Sensor Market, By Vehicle Type
· Two-wheeler
· Commercial
· Passenger
Automotive Proximity Sensor Market, By Product Type
· Inductive Proximity Sensors
· Capacitive Proximity Sensors
· Magnetic Proximity Sensors
· Others
Automotive Proximity Sensor Market, By End-use Industry
· Aviation
· Construction
· Healthcare
· Manufacturing
· Electronics & Telecommunication
· Others
Automotive Proximity Sensor Regional Overview
The global Automotive Proximity Sensor market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. North America's dominance can be attributed to the region's advancements in autonomous vehicles, autonomous systems, and increased industrial automation. Furthermore, the market for automotive proximity sensors in the Asia Pacific region is being propelled by an increase in smartphone production, vehicle production, and sales. Rapid industrialization and economic development in Asia Pacific countries such as China and India are attracting investors.
Automotive Proximity Sensor Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive Proximity Sensor Market Competitor overview
Some key developments and strategies adopted by manufacturers in Automotive Proximity Sensor are highlighted below.
· In January 2022, Elliptic Labs , a global AI software company and the world leader in Virtual Smart Sensors™, has announced that Xiaomi has chosen Elliptic Labs’ INNER BEAUTY® AI Virtual Proximity Sensor as its proximity solution for the upcoming global launch of its Redmi Note series.
Automotive Proximity Sensor Market, Key Players
· Ormon Corporation
· Balluff GmbH
· Altech Corporation
· Semtech Corporation
· Panasonic Corporation
· NXP Semiconductors
· Sick Ag
· Delta Electronics Inc.
· Rockwell Automation, Inc.
· Pepperl+Fuchs GmbH
· Honeywell International Inc.,
· Sensata Technologies
· Infineon Technologies AG
Frequently Asked Questions (FAQ) :
Q1. Which are the parts of the Vehicle Type segment in the global Automotive Proximity Sensor market?
Two-wheeler, Commercial, Passenger are parts of the Vehicle Type segment in the global Automotive Proximity Sensor market.
Q2. Which Segments are covered in the global Automotive Proximity Sensor Market report?
Vehicle Type, Product Type, End-use Industry, and Region. these segments are covered in the global Automotive Proximity Sensor market report.
Q3. Which segment is projected to hold the largest share in the global Automotive Proximity Sensor Market?
Capacitive Proximity Sensors segment is projected to hold the largest share in the global Automotive Proximity Sensor Market.
Q4. Which region holds the largest share in the global Automotive Proximity Sensor market?
North America holds the largest share in the global Automotive Proximity Sensor market
Q5. Which are the prominent players in the global Automotive Proximity Sensor Market?
Ormon Corporation, Balluff GmbH, Altech Corporation, Semtech Corporation, Panasonic Corporation, NXP Semiconductors, Sick Ag, Delta Electronics Inc., Rockwell Automation, Inc., Pepperl+Fuchs GmbH, Honeywell International Inc., Sensata Technologies, Infineon Technologies AG. are some key players in the global Automotive Proximity Sensor Market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Automotive Proximity Sensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.2.1. Two-wheeler
- 5.2.2. Commercial
- 5.2.3. Passenger
- 5.3. Market Analysis, Insights and Forecast – By Product Type
- 5.3.1. Inductive Proximity Sensors
- 5.3.2. Capacitive Proximity Sensors
- 5.3.3. Magnetic Proximity Sensors
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By End-use Industry
- 5.4.1. Aviation
- 5.4.2. Construction
- 5.4.3. Healthcare
- 5.4.4. Manufacturing
- 5.4.5. Electronics & Telecommunication
- 5.4.6. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Automotive Proximity Sensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.2.1. Two-wheeler
- 6.2.2. Commercial
- 6.2.3. Passenger
- 6.3. Market Analysis, Insights and Forecast – By Product Type
- 6.3.1. Inductive Proximity Sensors
- 6.3.2. Capacitive Proximity Sensors
- 6.3.3. Magnetic Proximity Sensors
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By End-use Industry
- 6.4.1. Aviation
- 6.4.2. Construction
- 6.4.3. Healthcare
- 6.4.4. Manufacturing
- 6.4.5. Electronics & Telecommunication
- 6.4.6. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Automotive Proximity Sensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.2.1. Two-wheeler
- 7.2.2. Commercial
- 7.2.3. Passenger
- 7.3. Market Analysis, Insights and Forecast – By Product Type
- 7.3.1. Inductive Proximity Sensors
- 7.3.2. Capacitive Proximity Sensors
- 7.3.3. Magnetic Proximity Sensors
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By End-use Industry
- 7.4.1. Aviation
- 7.4.2. Construction
- 7.4.3. Healthcare
- 7.4.4. Manufacturing
- 7.4.5. Electronics & Telecommunication
- 7.4.6. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Automotive Proximity Sensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.2.1. Two-wheeler
- 8.2.2. Commercial
- 8.2.3. Passenger
- 8.3. Market Analysis, Insights and Forecast – By Product Type
- 8.3.1. Inductive Proximity Sensors
- 8.3.2. Capacitive Proximity Sensors
- 8.3.3. Magnetic Proximity Sensors
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By End-use Industry
- 8.4.1. Aviation
- 8.4.2. Construction
- 8.4.3. Healthcare
- 8.4.4. Manufacturing
- 8.4.5. Electronics & Telecommunication
- 8.4.6. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Automotive Proximity Sensor Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.2.1. Two-wheeler
- 9.2.2. Commercial
- 9.2.3. Passenger
- 9.3. Market Analysis, Insights and Forecast – By Product Type
- 9.3.1. Inductive Proximity Sensors
- 9.3.2. Capacitive Proximity Sensors
- 9.3.3. Magnetic Proximity Sensors
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By End-use Industry
- 9.4.1. Aviation
- 9.4.2. Construction
- 9.4.3. Healthcare
- 9.4.4. Manufacturing
- 9.4.5. Electronics & Telecommunication
- 9.4.6. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Ormon Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Balluff GmbH
- 10.6. Altech Corporation
- 10.7. Semtech Corporation
- 10.8. Panasonic Corporation
- 10.9. NXP Semiconductors
- 10.10. Sick Ag
- 10.11. Delta Electronics Inc.
- 10.12. Rockwell Automation, Inc.
- 10.13. Pepperl+Fuchs GmbH
- 10.14. Honeywell International Inc.,
- 10.15. Sensata Technologies
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
