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)
Ultrasonic sensor market in North America is expected to grow from US$ 1.16 Bn in 2018 to US$ 2.20 Bn by the year 2027. This represents a CAGR of 7.3% from the year 2019 to 2027.
The ultrasonic sensors measure distance through ultrasonic waves. The sensor head releases an ultrasonic wave and accepts the wave reflected from a target. These sensors measure the distance to the target by calculating the time between emission and reception. The ultrasonic sensors are broadly used in diverse industries, including food & beverage, chemical, medical, automotive, agriculture, process, wastewater management, and more. These sensors have their application in a conveyor belt, smart parking, vehicle detection for car washes, pallet detection with forklifts, diagnosis, liquid level sensing, trash level monitoring, production lines, and others. Some of the prominent benefits of ultrasonic processing technology include process intensification, low power consumption, low cost of processing, operator-friendliness, simple adaptability to specific applications, and environmental safeness that makes ultrasonication a technique for the reliable product quality with better outcomes. Owing to an increase in integrating automation into manufacturing and other industries, the use of industry 4.0 is contributing heavily towards the growth of the ultrasonic sensor market.
Moreover, the use of sensors in autonomous vehicles and other vehicles with ADAS features to measure the range during parking is giving other opportunities to the automotive industry for growth. On the contrary, the availability of substitute products such as an optical sensor for measuring distance might act as an obstacle in the growth of the ultrasonic sensor market.
Currently, the US is dominating the ultrasonic sensor market in terms of installation, which in turn boosts the demand for the ultrasonic sensor market in the region. The country has a strong manufacturing sector, which accounts for ~11.15% of the GDP. Some of the significant US-based manufacturers include Exxon Mobil Corp, Apple, Inc., General Motors Co., and Chevron Corp, among others. The companies in the country are focusing on improving performance. They are moving towards new technologies such as AI, IIoT, machine-to-machine digital connectivity, and advanced automation, among others. Since the demand for ultrasonic sensors is high in the automotive and manufacturing sector, the presence of manufacturing and automotive giants in the country is expected to support the growth of the ultrasonic sensor market. The figure given below highlights the revenue share of Mexico in the North America ultrasonic sensor market in the forecast period:
Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
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NORTH AMERICA Ultrasonic Sensor MARKET - SEGMENTATION
North America Ultrasonic Sensor Market – By Technology
- Stereo Vision
- Time-of-Flight
- Structured Light
North America Ultrasonic Sensor Market – By End-user Vertical
- Healthcare
- Aerospace
- Industrial
- Automotive
- Consumer Electronics
- Others
North America Ultrasonic Sensor Market – By Country
- US
- Canada
- Mexico
North America Ultrasonic Sensor Market -Companies Mentioned
- 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
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
LIST OF TABLES
Table 1. North America Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 3. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 4. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
Table 5. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 6. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 7. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
Table 8. Canada Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 9. Canada Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 10. Canada Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
Table 11. Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 12. Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 13. Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
Table 14. Glossary of Terms, Ultrasonic Sensor Market
LIST OF FIGURES
Figure 1. North America Ultrasonic Sensor Market Segmentation
Figure 2. North America Ultrasonic Sensor Market Segmentation – Country
Figure 3. North America Ultrasonic Sensor Market Overview
Figure 4. Through beam sensors type held the largest share in North America ultrasonic sensor market in 2018
Figure 5. Production line application segment held the largest share in North America ultrasonic sensor market in 2018
Figure 6. Industrial segment represented the largest share in North America ultrasonic sensor market in 2018
Figure 7. North America Ultrasonic Sensor Market, Industry Landscape
Figure 8. North America – PEST Analysis
Figure 9. Ultrasonic Sensor Market- Ecosystem Analysis
Figure 10. North America Ultrasonic Sensor Market Driver and Restraints – Impact Analysis
Figure 11. North America Ultrasonic Sensor Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 12. North America Ultrasonic Sensor Market Breakdown, By Type, 2018 & 2027 (%)
Figure 13. North America Proximity Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. North America Retro-Reflective Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Through Beam Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. North America Ultrasonic Sensor Market Breakdown, By Application, 2018 & 2027 (%)
Figure 18. North America Liquid Level Detection Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Production Line Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. North America Distance Measurement Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. North America Ultrasonic Sensor Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 23. North America Food and Beverage Market Revenue And Forecasts To 2027(US$ Mn)
Figure 24. North America Medical Market Revenue And Forecasts To 2027(US$ Mn)
Figure 25. North America Automotive Market Revenue And Forecasts To 2027(US$ Mn)
Figure 26. North America Oil & Gas Market Revenue And Forecasts To 2027(US$ Mn)
Figure 27. North America Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. North America Ultrasonic Sensor Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 30. US Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. Canada Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. Mexico Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies - North America Ultrasonic Sensor Market
- Balluff Inc.
- Baumer Group
- Honeywell International, Inc.
- Migatron Corporation
- Keyence Corporation
- Murata Manufacturing Co. Ltd.
- Omron Corporation
- Pepperl+Fuchs AG
- Rockwell Automation, Inc.
- Siemens AG
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the North America Ultrasonic Sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.