Ultrasonic Sensors Market Share

Market Share of Ultrasonic Sensors Industry

The ultrasonic sensors market is highly competitive and fragmented. The players in the market are engaging in research to achieve a competitive edge by offering innovative products. Some of the key players in the market are Siemens AG, Pepperl+Fuchs, Honeywell International Inc., Baumer Ltd., Rockwell Automation, and Murata Manufacturing Co. Ltd.

• In February 2023, PiL Sensoren GmbH customized a novel model variant of the proven sensor series P47. The high-precision ultrasonic sensors are predestined for basic applications like distance and level measurements in the measuring range of up to 5,000mm. They also provide reliable detection of even small objects due to their sound intensity.
• In February 2022, Migatron Corp., a prominent USA ultrasonic sensor manufacturer, launched two new sensor models aimed at displacement measurement and proximity detection tasks for production line applications like high-speed counting, liquid level, and many other areas of process control.

Ultrasonic Sensors Market Leaders

1. Keyence Corporation

2. Pepperl+Fuchs AG

3. Honeywell International Inc.

4. Baumer Ltd

5. Rockwell Automation

*Disclaimer: Major Players sorted in no particular order