North America Ultrasonic Sensor Market to 2027 - Regional Analysis and Forecasts by Type (Proximity Sensors, Retro- Reflective Sensors, Through Beam Sensors, Others); Application (Liquid Level Detection, Production Line, Distance Measurement, Others); Industry Vertical (Automotive, Food & Beverages, Medical, Oil & Gas, Industrial, and Others)
- THE3479158
- 135 Pages
- January 2020
- Semiconductor and Electronics
The manufacturing sector is rapidly expanding with increasing investments from various countries. This sector is likely to expand further by embracing technological advancements to enhance plant productivity, maintain the edge with customers, and gain competitive advantage. Developments in this sector are driven by economic growth worldwide. Also, the sector is witnessing a technological renaissance, which is changing the outlook, systems, and processes of the modern factory. In October 2018, the North American manufacturing sector registered purchasing managers’ index (PMI) of 52.4. The region is likely to continue with the strong PMI in the coming years as well, thus signifying a strong recovery of the manufacturing sector, increasing industrial advancements in the emerging economy of Mexico, and intensifying commodities prices. The growing manufacturing industry is expected to drive the growth of the ultrasonic sensor market.
In the recent past, the adoption of automation was low in nonautomotive industries compared to that in the automotive industry. The penetration of industrial automation is now gaining pace in these industries. With the increasing functionality of equipment such as industrial robots, this adoption is further anticipated to accelerate in the years to come. Moreover, developed markets, including the US and Japan, are at the forefront in terms of adopting automation technologies; however, there are still numerous opportunities available for the industrial market to grow further even in the developed markets. The overall growth of the industrial sector is attributed to the growing necessity of modernization and transformation in these markets, which is expected to support the growth of the ultrasonic sensor market. The technological revolution within factories is motivating the manufacturing industries to invest in emerging technologies to enhance the production cycle of products manufactured in the respective industries and productivity. The growing popularity of automation across various industries is expected to drive the growth of the ultrasonic sensor market.
The ultrasonic sensor market by application is segmented into the production line, liquid level detection, distance measurement, and others. The production line technology holds a significant share of the ultrasonic sensor market; however, the distance measurement is expected to grow at a significant rate. These sensors are essential for inventory management and process control industries. Companies such as Migatron, provide two types of level sensors, continuous level sensors, and point level sensors. Based on the application area, the sensor is used for liquid level measurement is needed. The point level sensors are used to locate a single liquid height at a determined level, whereas, continuous level sensors offer level monitoring of an entire system. Ultrasonic technology detects all materials majorly. Liquids such as milk, chemicals, lacquer, and others are controlled.
The overall North America ultrasonic sensor market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America ultrasonic sensor market. It also provides an overview and forecast for the North America ultrasonic sensor market based on all the segmentation provided with respect to the North America region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America ultrasonic sensor industry. Some of the players present in the ultrasonic sensor market are Balluff Inc., Baumer Group, Honeywell International, Inc., Keyence Corporation, Migatron Corporation, Murata Manufacturing Co. Ltd, Omron Corporation, Pepperl+Fuchs AG, Rockwell Automation, Inc., Siemens AG, among others.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Ultrasonic Sensor Market – By Type
1.3.2 North America Ultrasonic Sensor Market – By Application
1.3.3 North America Ultrasonic Sensor Market – By Industry Vertical
1.3.4 North America Ultrasonic Sensor Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Ultrasonic Sensor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Ultrasonic Sensor Market – Key Market Dynamics
5.1 Key Drivers
5.1.1 Rapidly expanding manufacturing industry
5.1.2 Growing popularity of automation across various industries
5.2 Key Restraints
5.2.1 Availability of substitute sensor types
5.3 Key Opportunities
5.3.1 Growing popularity of autonomous vehicles
5.4 Future Trends
5.4.1 Growing deployment of ultrasonic sensors in agriculture sector
5.5 Impact Analysis of Drivers and Restraints
6. Ultrasonic Sensor Market – North America Market Analysis
6.1 Overview
6.2 North America Ultrasonic Sensor Market Revenue and Forecasts To 2027 (US$ Mn)
7. North America Ultrasonic Sensor Market Analysis – By Type
7.1 Overview
7.2 Ultrasonic Sensor Market Breakdown, By Type, 2018 & 2027
7.3 Proximity Sensors
7.3.1 Overview
7.3.2 Proximity Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Retro- Reflective Sensors
7.4.1 Overview
7.4.2 Retro-Reflective Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Through Beam Sensors
7.5.1 Overview
7.5.2 Through Beam Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Forecast and Analysis
8. North America Ultrasonic Sensor Market Analysis – By Application
8.1 Overview
8.2 Ultrasonic Sensor Market Breakdown, By Application, 2018 & 2027
8.3 Liquid Level Detection
8.3.1 Overview
8.3.2 Liquid Level Detection Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Production Line
8.4.1 Overview
8.4.2 Production Line Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Distance Measurement
8.5.1 Overview
8.5.2 Distance Measurement Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Ultrasonic Sensor Market Analysis– By Industry Vertical
9.1 Overview
9.2 North America Ultrasonic Sensor Market Breakdown, By Industry Vertical, 2018 & 2027
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage Market Forecast and Analysis
9.4 Medical
9.4.1 Overview
9.4.2 Medical Market Forecast and Analysis
9.5 Automotive
9.5.1 Overview
9.5.2 Automotive Market Forecast and Analysis
9.6 Oil & Gas
9.6.1 Overview
9.6.2 Oil & Gas Market Forecast and Analysis
9.7 Industrial
9.7.1 Overview
9.7.2 Industrial Market Forecast and Analysis
9.8 Others
9.8.1 Overview
9.8.2 Others Market Forecast and Analysis
10. North America Ultrasonic Sensor Market – Country Analysis
10.1.1 North America Ultrasonic Sensor Market Breakdown, By Key Country
10.1.1.1 US Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 US Ultrasonic Sensor Market Breakdown, By Type
10.1.1.1.2 US Ultrasonic Sensor Market Breakdown, By Application
10.1.1.1.3 US Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.2 Canada Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 Canada Ultrasonic Sensor Market Breakdown, By Type
10.1.1.2.2 Canada Ultrasonic Sensor Market Breakdown, By Application
10.1.1.2.3 Canada Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.3 Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Mexico Ultrasonic Sensor Market Breakdown, By Type
10.1.1.3.2 Mexico Ultrasonic Sensor Market Breakdown, By Application
10.1.1.3.3 Mexico Ultrasonic Sensor Market Breakdown, By Industry Vertical
11. Ultrasonic Sensor Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Baumer Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Balluff GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Honeywell International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Keyence Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Murata Manufacturing Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Product and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Migatron Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Omron Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Pepperl+Fuchs AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Rockwell Automation, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Siemens AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
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