Published on : Feb 24, 2016
The global market for ultrasonic sensors has been experiencing a surge in demand over the last few years. The rapid rise in the uptake of urban traffic driving aid systems, together with the increasing demand for ultrasonic sensors in the healthcare industry and the growth in the automotive sensors market in China, is fueling the worldwide ultrasonic sensors market significantly.
Asia Pacific to Record Fastest Growth
Europe emerged as the biggest market for ultrasonic sensors across the world in 2014 with a share of more than 35%. The rising application of ultrasonic sensors for blind spot detection, parking assistance, and automated steering control has increased their demand in the European automotive industry, boosting the ultrasonic sensors market in this region.
Asia Pacific acquired the second position in the global ultrasonic sensors market in 2014 but it is likely to report the fastest growth in the coming years, owing to the extensive usage of these sensors in the automotive, power, and oil and gas industries.
Ultrasonic Through Beam Sensors to Report Fastest Rate of Growth
Ultrasonic proximity sensors were the highest demanded ultrasonic sensor products in 2014. However, the demand for ultrasonic through beam sensors is anticipated to exhibit the fastest rate of growth over the next few years. The augmenting demand for microprocessor controllers and the ability to identify fast moving objects in a short range are projected to boost the demand for beam sensors across the world.
The automotive industry was the biggest end user of ultrasonic sensors in 2014. The demand for these sensors from this end-use segment is likely to be continued at the same pace in the forthcoming years, owing to the remarkable rise of the global automotive industry.
Siemens AG, Rockwell Automation Inc., Baumer Group, OMRON Corp., Gems Sensors & Controls, Honeywell International Inc., and Senix Corp. are the prime manufacturers of ultrasonic sensors in the global market