Middle East and Africa Proximity Sensors Market - Growth, Trends, Forecasts (2020 - 2025)
The Middle East and Africa Proximity Sensors Market is segmented by Technology (Inductive, Capacitive, Photoelectric, Magnetic), End-user Vertical (Aerospace and Defense, Automotive, Industrial, Consumer Electronics, Food and Beverage), and Country.
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Scope of the report
Key Market Trends
TABLE OF CONTENTS
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The Middle East and Africa Proximity Sensors Market is expected to register a CAGR of 6.14% during the forecast period 2020 - 2025. The Middle East & African region is anticipated to witness a slow growth when compared to the other regions, as it lacks the presence of automobile manufacturing industries. The automobiles used in the region are being imported from other regions.
Over the forecast period, owing to technological developments, the region may witness the adoption of self-driving vehicles. Increase in adoption may result in the establishment of automotive manufacturing units, generating demand for the proximity sensors in the region. The high spending capacity of the individual also complements such trends.
Since most GCC governments are yet to adopt policies regarding the self-driving vehicle, which is reasonable given the nascent state of technology, the growth of the market studied is anticipated to be very low.
Proximity sensors have become important data acquisition devices in automation industries to provide required information in the form of individual process variables to controllers. The increasing cost of labor, combined with the immense pressure on manufacturers to meet the deadlines, has resulted in the increase of automation in factories across the world.
Moreover, proximity sensors are measuring variables on offshore oil rigs. These sensors can endure the harsh sea conditions, like salt-water, which can be corrosive and damaging to the equipment. Therefore, implementing such sensors can measure the final positions of pipe handlers and other moveable components on the rig without performance being impacted by these elements. Such applications make these products a critical solution being adopted in the region and driving the demand.
Owing to the recent outbreak of COVID-19, the global supply chain and demand for multiple products have experienced disruption, owing to which the proximity sensor adoption is expected to be influenced until the end of 2020. Moreover, due to the production shutdown in countries, such as China, multiple industries have observed a shortage of supply of various products during February and March.
Scope of the report
A proximity sensor is a sensor that is able to detect the presence of nearby objects without any physical contact. For sensing objects, this sensor radiates or emits a beam of electromagnetic radiation, usually in the form of infrared light, and detects the reflection to determine the object's proximity or distance from the sensor. The scope of the study is comprehensive and is limited to Middle East and Africa.
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Key Market Trends
Consumer Electronics to Drive the Market Growth
The use of sensors bring intelligence and awareness to consumer electronics devices. These developments have promoted their use in portable devices (smartphones, tablets, and wearable devices), gaming, home automation, and home appliances.
Electronic gadgets observe high adoption rate across the world. Smartphones and wearables, such as smartwatches and fitness trackers, are experiencing high growth across the world. This is expected to drive the demand for proximity sensors over the forecast period.For instance, in smartphones, a proximity sensor detects how close the phone is to an outside object, like an ear. This sensing is done to minimize display power consumption on a call by turning off the backlight. It also disables the touch screen to avoid accidental touches by the cheek.
Capacitive proximity sensors are finding varied applications in devices, such as wearables. These sensors are used to wake the device up from sleep to light up the user interface. Power consumption can be lowered by using a capacitive sensor to only turn the device on when it is worn by the user.
Proximity sensors are adopted in the appliance markets where they are used for smart touchpads, where electrodes embedded in the body of a product can detect finger or hand positions, thus, replacing mechanical keys. The ability to detect proximity can be applied to the gaming sector, where system designers are starting to be comfortable with the device and its capabilities.
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Saudi Arabia Holds Significant Market Share
Saudi Arabia is working to introduce electric vehicles in the country in the next few years. In 2018, the country's state-owned Saudi Electricity Co. signed a deal with Japanese Tokyo Electric Power Co., Nissan Motor, and Takaoka Toko. These companies may collaborate to launch the country’s first EV pilot project. Thus, the growing concept of electric vehicles may further create a scope for the demand for proximity sensors in the automotive sector of Saudi Arabia.
The proximity sensors have been increasingly finding its applications in automated assembly lines, weld cells, and stamping processes. They have become an essential and indispensable part of automation systems. The end-user industries in Saudi Arabia are expected to adopt them to streamline operations and enhance industrial automation.
Notably, Saudi Arabia's 2030 vision calls for leveraging the country’s location, strategic partnerships, energy sources, and logistics to stimulate a new phase of industrialization and automation in the country.
In 2018, Emerson inaugurated a new technology and innovation center in Saudi Arabia. The technology and collaboration focus of the company’s new automation facility aligns with Saudi Arabia's national transformation plan and the Saudi vision 2030 development agenda that focus on revolutionizing the manufacturing by automation.
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The Middle East and Africa proximity sensors market is moderately fragmented. The major players with a significant share in the market are expanding their customer base across various regions and many companies are involved in strategic and collaborative initiatives with various companies to increase their market share and their profitability. Some of the key developments in the market are:
June 2019 - Omron launched the E2EW series full metal proximity sensors boasting the world's longest sensing distances. The sensors enable both detection stability for different material components and are focused on the automotive industry.
May 2019 - STMicroelectronics launched SensorTile.box making IoT sensing accessible and ready to connect to Microsoft's Azure. The module connects with Bluetooth low energy to a smartphone, allows users to watch the sensors function as various sensors.