Market Trends of United States Proximity Sensor Industry
This section covers the major market trends shaping the US Proximity Sensor Market according to our research experts:
The Automotive Segment is Expected to Drive the Market's Growth
- Proximity sensors are widely used in automotive applications to detect objects close to vehicles. These sensors alert the driver and provide information about the vehicle's status. Engine temperature, battery charging check, speed control, fuel level, and other prominent applications of proximity sensors in automobiles include the following. In some cases, these sensors are installed on doors and handle to detect objects in the event of a collision or warning.
- Further, autonomous technologies, such as parking assist systems and ADAS, use a variety of sensors, such as temperature sensors, motion detectors, photon sensors, and so on. These sensors are critical to autonomous systems because they generate the data required for efficient and accurate operation.
- The market for advanced driver-assistance systems (ADAS) that automatically monitor, warn, and control braking and vehicle steering is expected to increase as a result of regulatory and consumer interest in safety applications that protect passengers and reduce accident fatalities.
- For instance, the United States has mandated that vehicles be equipped with autonomous emergency braking (AEB) and forward-collision warning (FCW) systems by 2020. This is propelling the market for automotive proximity sensors.
- Connected and autonomous vehicles are significant developments in the automotive industry. An increase in the per capita income of the consumers as a result of economic developments is elevating their standard of living. The rise, which is also fueling demand for autonomous vehicles, can be attributed to the increase in demand for luxury and comfort vehicles. Vehicles with AEB, ADAS, FCW, and PAS systems are driving the automotive proximity sensor market.
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Inductive Proximity Sensor is Expected to Hold a Major Market Share
- The inductive proximity sensors are cost-effective and reliable solutions for most applications in automation equipment and machinery. They are not influenced by vibrations, water, oil, and dust, making them suitable for harsh environments. Some of the prominent applications of these sensors include machine tools, agriculture, and material handling systems.
- Inductive sensors play a crucial role in securing quality and higher productivity from the automated process. As these sensors have no moving parts, their service life is independent of the number of operation cycles.
- The demand for inductive proximity sensors is being driven by increased material handling in industrial and automotive applications. Proximity sensors are typically attached to material handling equipment (MHE) such as forklifts; when an entity (a person or other MHE) is detected, they activate a signal.
- The growing industrial advancement is compelling industries like manufacturing, oil, and gas to utilize inductive proximity sensors for automation. For instance, in the oil and gas industry, inductive proximity sensors provide a durable and dependable solution for measuring variables on offshore oil rigs. These sensors can withstand harsh sea conditions, such as saltwater, which could be corrosive and damaging to equipment. Consequently, deploying inductive proximity sensors can safely measure the ultimate positions of pipe handlers and other moveable components on the rig without performance being influenced by the elements.
- However, these sensors can only detect metal objects, limiting their functionality in other industries that do not use metal, which can affect the growth of the US proximity sensor market.
