Global Automotive Proximity Sensor Market, By Vehicle Type (Two-wheeler, Commercial, Passenger) By Product Type (Inductive Proximity Sensors, Capacitive Proximity Sensors, Magnetic Proximity Sensors, Others), By End-use Industry (Aviation, Construction, Healthcare, Manufacturing, Electronics & Telecommunication, Others), and opportunities and forecast 2020-2027
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.
Covid-19 Impact on Automotive Proximity Sensor Market
|Market size available for years
|Base year considered
||Value (USD Million)
||Vehicle Type, Product Type, End-use Industry, and Region.
||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)
||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.
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
Automotive Proximity Sensor Market, By Product Type
· Inductive Proximity Sensors
· Capacitive Proximity Sensors
· Magnetic Proximity Sensors
Automotive Proximity Sensor Market, By End-use Industry
· Electronics & Telecommunication
· OthersAutomotive 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?
A. 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?
A. 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?
A. 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?
A. 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?
A. 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