Product Code: 5048
Ultrasonic Sensors Industry is estimated to grow considerably through 2032 due to the increasing penetration of industrial automation and robots in the manufacturing industry. Besides, ultrasonic sensors are used as proximity sensors and deployed in automobile self-parking technology, anti-collision safety systems, robotic obstacle detection systems, and manufacturing technology.
In addition, product attributes such as the compact size that enables easy integrability with any controller, high frequency, sensitivity, power, and higher accuracy are projected to have impeccable impact on the market prospects by 2032 end.
Overall, the ultrasonic sensors industry is segmented in terms of type, structure, application, industry vertical, and region.
Based on type, the others segment is anticipated to register noticeable gains through 2032. The segmental growth will be largely attributed to the increasing application of ultrasonic proximity sensors in the manufacturing and automotive sectors. The increasing use of proximity sensors in the automotive sector for building autonomous vehicles will escalate the product demand over the foreseeable period.
By structure, the closed-type ultrasonic sensor segment will grow considerably during the estimated timeframe, as these sensors are widely used in automobile rear detection and liquid level meters. The closed-type sensors help make the sensor waterproof and durable. Increasing demand for liquid-level detection and autonomous vehicles will offer several growth prospects to the industry.
Considering the application, the level measurement segment held over 35% market share in 2022. Ultrasonic sensors are one of the most preferred choices for many liquid-level applications. They are used for measurement of fluids during the transport of liquids such as milk, oil, and chemical products.
By industry vertical, the automotive segment accounted for over 20% in 2022 and is expected to surge notably during the estimated timeframe owing to the increasing demand for ADAS and autonomous vehicles. Ultrasonic sensors have been a common feature in automobiles for many years. These sensors have mostly been employed for parking assistance and blind spot detection.
Regionally, the Europe ultrasonic sensors market is expected to hold over 20% market share by 2032. The regional market growth will be primarily driven by the government regulations imposed for mandatory integration of advanced safety systems in vehicles. Besides, the key players in the region are constantly investing in new product launches and undertaking acquisitions and mergers to strengthen their position in the industry.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Ultrasonic sensors industry 360 degree synopsis, 2018 - 2032
- 2.2 Business Trends
- 2.2.1 Total addressable market (TAM) trends
- 2.2.1.1 Total Addressable Market (TAM), 2023 - 2032
- 2.2.2 Regional trends
- 2.2.3 Type trends
- 2.2.4 Structure type trends
- 2.2.5 Application trends
- 2.2.6 Industry vertical trends
Chapter 3 Ultrasonic Sensor Industry Insights
- 3.1 Impact of COVID-19 on the market
- 3.1.1 North America
- 3.1.2 Europe
- 3.1.3 Asia Pacific
- 3.1.4 Latin America
- 3.1.5 MEA
- 3.2 Russia-Ukraine war impact
- 3.2.1 Impact on technology supply chain
- 3.2.2 Energy crisis impact
- 3.3 Industry ecosystem analysis
- 3.3.1 Raw material and component suppliers
- 3.3.2 Manufacturers
- 3.3.3 Distribution channel
- 3.3.4 End user
- 3.3.5 Vendor matrix
- 3.3.6 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.4.1 Comparison of ultrasonic sensors with other sensors
- 3.4.2 3D ultrasonic sensor
- 3.4.3 USi-safety Ultrasonic Sensor System (Pepperl Fuchs)
- 3.5 Regulatory landscape
- 3.5.1 International Standards
- 3.5.1.1 ISO 26262
- 3.5.1.2 IEC 60947-5-2:2019
- 3.5.1.3 IEC 60068
- 3.5.1.4 IEC 61508
- 3.5.2 North America
- 3.5.2.1 Code of Federal Regulation 1010
- 3.5.2.2 Underwriter's Laboratory (UL)
- 3.5.3 Europe
- 3.5.3.1 CE
- 3.5.3.2 EU REACH
- 3.5.3.3 The Restriction of Hazardous Substances Directive 2002/95/EC
- 3.5.4 Asia Pacific
- 3.5.4.1 CCC certification
- 3.5.4.2 KC Certification, South Korea
- 3.5.5 Latin America
- 3.5.5.1 Brazilian National Aviation Agency (ANAC)
- 3.5.5.2 Mexico Commercial Drone Regulations
- 3.5.6 MEA
- 3.5.6.1 General Civil Aviation Authority (GCAA)
- 3.6 Industry impact forces
- 3.6.1 Growth Drivers
- 3.6.1.1 Increasing demand for autonomous safety systems in vehicles
- 3.6.1.2 Rising adoption of smart home and IoT devices in developing nations
- 3.6.1.3 Proliferation toward industrial automation and robots in the manufacturing sector
- 3.6.1.4 Increasing deployment of ultrasonic sensors in medical devices
- 3.6.1.5 Increasing deployment of ultrasonic sensors in smartphones
- 3.6.2 Industry pitfalls and challenges
- 3.6.2.1 Limited detection range of ultrasonic sensors
- 3.7 Key news and initiatives
- 3.7.1 Acquisitions & mergers
- 3.7.2 Product launches
- 3.7.3 Investment portfolio
- 3.8 Patent landscape
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Bargaining power of suppliers
- 3.10.2 Bargaining power of buyers
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major market players
- 4.3.1 Robert Bosch GmbH
- 4.3.2 Murata Manufacturing Co. Ltd.
- 4.3.3 Rockwell Automation Inc.
- 4.3.4 Omron Corporation
- 4.3.5 Honeywell International Inc.
- 4.3.6 KEYENCE CORPORATION
- 4.3.7 SCHNEIDER ELECTRIC SE
- 4.4 Competitive analysis of innovative players, 2022
- 4.4.1 Sick AG
- 4.4.2 TE Connectivity
- 4.4.3 Pepperl+Fuchs AG
- 4.4.4 HELLA GmbH & Co. KGA
- 4.4.5 TDK Corporation
- 4.5 Competitive positioning matrix
- 4.6 Strategic outlook matrix
Chapter 5 Ultrasonic Sensors Market, By Type (Revenue and Volume)
- 5.1 Key trends, by type
- 5.2 Retro-reflective sensor
- 5.2.1 Market estimates & forecast, 2018-2032
- 5.3 Through-beam sensor
- 5.3.1 Market estimates & forecast, 2018-2032
- 5.4 Others
- 5.4.1 Market estimates & forecast, 2018-2032
Chapter 6 Ultrasonic Sensors Market, By Structure Type (Revenue and Volume)
- 6.1 Key trends, by structure type
- 6.2 Open type ultrasonic sensor
- 6.2.1 Market estimates & forecast, 2018-2032
- 6.3 Close type ultrasonic sensor
- 6.3.1 Market estimates & forecast, 2018-2032
Chapter 7 Ultrasonic Sensor Market, By Application (Revenue and Volume)
- 7.1 Key trends, by application
- 7.2 Level measurement
- 7.2.1 Market estimates & forecast, 2018-2032
- 7.3 Obstacle detection
- 7.3.1 Market estimates & forecast, 2018-2032
- 7.4 Distance measurement
- 7.4.1 Market estimates & forecast, 2018-2032
- 7.5 Others
- 7.5.1 Market estimates & forecast, 2018-2032
Chapter 8 Ultrasonic Sensor Market, By Industry Verticals (Revenue and Volume)
- 8.1 Key trends, by industry verticals
- 8.2 Automotive
- 8.2.1 Market estimates & forecast, 2018-2032
- 8.3 Consumer electronics
- 8.3.1 Market estimates & forecast, 2018-2032
- 8.4 Industrial
- 8.4.1 Market estimates & forecast, 2018-2032
- 8.5 Healthcare
- 8.5.1 Market estimates & forecast, 2018-2032
- 8.6 Aerospace & defense
- 8.6.1 Market estimates & forecast, 2018-2032
- 8.7 Others
- 8.7.1 Market estimates & forecast, 2018-2032
Chapter 9 Ultrasonic Sensors Market, By Region (Revenue and Volume)
- 9.1 Key trends, by region
- 9.2 North America
- 9.2.1 Market estimates & forecast, 2018-2032
- 9.2.2 Market estimates & forecast, by type, 2018-2032
- 9.2.3 Market estimates & forecast, by application, 2018-2032
- 9.2.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.2.5 Market estimates & forecast, by type, 2018-2032
- 9.2.6 U.S.
- 9.2.6.1 Market estimates & forecast, 2018-2032
- 9.2.6.2 Market estimates & forecast, by type, 2018-2032
- 9.2.6.3 Market estimates & forecast, by application, 2018-2032
- 9.2.6.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.2.6.5 Market estimates & forecast, by type, 2018-2032
- 9.2.7 Canada
- 9.2.7.1 Market estimates & forecast, 2018-2032
- 9.2.7.2 Market estimates & forecast, by type, 2018-2032
- 9.2.7.3 Market estimates & forecast, by application, 2018-2032
- 9.2.7.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.2.7.5 Market estimates & forecast, by type, 2018-2032
- 9.3 Europe
- 9.3.1 Market estimates & forecast, 2018-2032
- 9.3.2 Market estimates & forecast, by type, 2018-2032
- 9.3.3 Market estimates & forecast, by application, 2018-2032
- 9.3.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.5 Market estimates & forecast, by type, 2018-2032
- 9.3.6 UK
- 9.3.6.1 Market estimates & forecast, 2018-2032
- 9.3.6.2 Market estimates & forecast, by type, 2018-2032
- 9.3.6.3 Market estimates & forecast, by application, 2018-2032
- 9.3.6.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.6.5 Market estimates & forecast, by type, 2018-2032
- 9.3.7 Germany
- 9.3.7.1 Market estimates & forecast, 2018-2032
- 9.3.7.2 Market estimates & forecast, by type, 2018-2032
- 9.3.7.3 Market estimates & forecast, by application, 2018-2032
- 9.3.7.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.7.5 Market estimates & forecast, by type, 2018-2032
- 9.3.8 France
- 9.3.8.1 Market estimates & forecast, 2018-2032
- 9.3.8.2 Market estimates & forecast, by type, 2018-2032
- 9.3.8.3 Market estimates & forecast, by application, 2018-2032
- 9.3.8.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.8.5 Market estimates & forecast, by type, 2018-2032
- 9.3.9 Italy
- 9.3.9.1 Market estimates & forecast, 2018-2032
- 9.3.9.2 Market estimates & forecast, by type, 2018-2032
- 9.3.9.3 Market estimates & forecast, by application, 2018-2032
- 9.3.9.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.9.5 Market estimates & forecast, by type, 2018-2032
- 9.3.10 Spain
- 9.3.10.1 Market estimates & forecast, 2018-2032
- 9.3.10.2 Market estimates & forecast, by type, 2018-2032
- 9.3.10.3 Market estimates & forecast, by application, 2018-2032
- 9.3.10.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.10.5 Market estimates & forecast, by type, 2018-2032
- 9.3.11 Russia
- 9.3.11.1 Market estimates & forecast, 2018-2032
- 9.3.11.2 Market estimates & forecast, by type, 2018-2032
- 9.3.11.3 Market estimates & forecast, by application, 2018-2032
- 9.3.11.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.3.11.5 Market estimates & forecast, by type, 2018-2032
- 9.4 9.4 Asia Pacific
- 9.4.1 Market estimates & forecast, 2018-2032
- 9.4.2 Market estimates & forecast, by type, 2018-2032
- 9.4.3 Market estimates & forecast, by application, 2018-2032
- 9.4.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.4.5 Market estimates & forecast, by type, 2018-2032
- 9.4.6 China
- 9.4.6.1 Market estimates & forecast, 2018-2032
- 9.4.6.2 Market estimates & forecast, by type, 2018-2032
- 9.4.6.3 Market estimates & forecast, by application, 2018-2032
- 9.4.6.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.4.6.5 Market estimates & forecast, by type, 2018-2032
- 9.4.7 India
- 9.4.7.1 Market estimates & forecast, 2018-2032
- 9.4.7.2 Market estimates & forecast, by type, 2018-2032
- 9.4.7.3 Market estimates & forecast, by application, 2018-2032
- 9.4.7.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.4.7.5 Market estimates & forecast, by type, 2018-2032
- 9.4.8 Japan
- 9.4.8.1 Market estimates & forecast, 2018-2032
- 9.4.8.2 Market estimates & forecast, by type, 2018-2032
- 9.4.8.3 Market estimates & forecast, by application, 2018-2032
- 9.4.8.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.4.8.5 Market estimates & forecast, by type, 2018-2032
- 9.4.9 South Korea
- 9.4.9.1 Market estimates & forecast, 2018-2032
- 9.4.9.2 Market estimates & forecast, by type, 2018-2032
- 9.4.9.3 Market estimates & forecast, by application, 2018-2032
- 9.4.9.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.4.9.5 Market estimates & forecast, by type, 2018-2032
- 9.4.10 Taiwan
- 9.4.10.1 Market estimates & forecast, 2018-2032
- 9.4.10.2 Market estimates & forecast, by type, 2018-2032
- 9.4.10.3 Market estimates & forecast, by application, 2018-2032
- 9.4.10.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.4.10.5 Market estimates & forecast, by type, 2018-2032
- 9.5 Latin America
- 9.5.1 Market estimates & forecast, 2018-2032
- 9.5.2 Market estimates & forecast, by type, 2018-2032
- 9.5.3 Market estimates & forecast, by application, 2018-2032
- 9.5.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.5.5 Market estimates & forecast, by type, 2018-2032
- 9.5.6 Brazil
- 9.5.6.1 Market estimates & forecast, 2018-2032
- 9.5.6.2 Market estimates & forecast, by type, 2018-2032
- 9.5.6.3 Market estimates & forecast, by application, 2018-2032
- 9.5.6.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.5.6.5 Market estimates & forecast, by type, 2018-2032
- 9.5.7 Mexico
- 9.5.7.1 Market estimates & forecast, 2018-2032
- 9.5.7.2 Market estimates & forecast, by type, 2018-2032
- 9.5.7.3 Market estimates & forecast, by application, 2018-2032
- 9.5.7.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.5.7.5 Market estimates & forecast, by type, 2018-2032
- 9.6 MEA
- 9.6.1 Market estimates & forecast, 2018-2032
- 9.6.2 Market estimates & forecast, by type, 2018-2032
- 9.6.3 Market estimates & forecast, by application, 2018-2032
- 9.6.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.6.5 Market estimates & forecast, by type, 2018-2032
- 9.6.6 Saudi Arabia
- 9.6.6.1 Market estimates & forecast, 2018-2032
- 9.6.6.2 Market estimates & forecast, by type, 2018-2032
- 9.6.6.3 Market estimates & forecast, by application, 2018-2032
- 9.6.6.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.6.6.5 Market estimates & forecast, by type, 2018-2032
- 9.6.7 UAE
- 9.6.7.1 Market estimates & forecast, 2018-2032
- 9.6.7.2 Market estimates & forecast, by type, 2018-2032
- 9.6.7.3 Market estimates & forecast, by application, 2018-2032
- 9.6.7.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.6.7.5 Market estimates & forecast, by type, 2018-2032
- 9.6.8 South Africa
- 9.6.8.1 Market estimates & forecast, 2018-2032
- 9.6.8.2 Market estimates & forecast, by type, 2018-2032
- 9.6.8.3 Market estimates & forecast, by application, 2018-2032
- 9.6.8.4 Market estimates & forecast, by industrial vertical, 2018-2032
- 9.6.8.5 Market estimates & forecast, by type, 2018-2032
Chapter 10 Company Profiles
- 10.1 Balluff Inc.
- 10.1.1 Business Overview
- 10.1.2 Financial Data
- 10.1.3 Product Landscape
- 10.1.4 Strategic Outlook
- 10.1.5 SWOT Analysis
- 10.2 Banner Engineering Corp.
- 10.2.1 Business Overview
- 10.2.2 Financial Data
- 10.2.3 Product Landscape
- 10.2.4 SWOT Analysis
- 10.3 Baumer Ltd.
- 10.3.1 Business Overview
- 10.3.2 Financial Data
- 10.3.3 Product Landscape
- 10.3.4 Strategic Outlook
- 10.3.5 SWOT Analysis
- 10.4 Datalogic S.p.A.
- 10.4.1 Business Overview
- 10.4.2 Financial Data
- 10.4.3 Product Landscape
- 10.4.4 Strategic Outlook
- 10.4.5 SWOT Analysis
- 10.5 Gems Sensors, Inc.
- 10.5.1 Business Overview
- 10.5.2 Financial Data
- 10.5.3 Product Landscape
- 10.5.4 SWOT Analysis
- 10.6 Hans Turck GmbH & Co. KG
- 10.6.1 Business Overview
- 10.6.2 Financial Data
- 10.6.3 Product Landscape
- 10.6.4 Strategic Outlook
- 10.6.5 SWOT Analysis
- 10.7 HELLA GmbH & Co. KGaA
- 10.7.1 Business Overview
- 10.7.2 Financial Data
- 10.7.3 Product Landscape
- 10.7.4 Market Strategy
- 10.7.5 SWOT Analysis
- 10.8 Honeywell International, Inc.
- 10.8.1 Business Overview
- 10.8.2 Financial Data
- 10.8.3 Product Landscape
- 10.8.4 Strategic Outlook
- 10.8.5 SWOT Analysis
- 10.9 ifm electronic GmbH
- 10.9.1 Business Overview
- 10.9.2 Financial Data
- 10.9.3 Product Landscape
- 10.9.4 SWOT Analysis
- 10.10 Keyence Corporation
- 10.10.1 Business Overview
- 10.10.2 Financial Data
- 10.10.3 Product Landscape
- 10.10.4 Market Strategy
- 10.10.5 SWOT Analysis
- 10.11 Microsonic GmbH
- 10.11.1 Business Overview
- 10.11.2 Financial Data
- 10.11.3 Product Landscape
- 10.11.4 Market Strategy
- 10.11.5 SWOT Analysis
- 10.12 Migatron Corporation
- 10.12.1 Business Overview
- 10.12.2 Financial Data
- 10.12.3 Product Landscape
- 10.12.4 Market Strategy
- 10.12.5 SWOT Analysis
- 10.13 Murata Manufacturing Co. Ltd.
- 10.13.1 Business Overview
- 10.13.2 Financial Data
- 10.13.3 Product Landscape
- 10.13.4 SWOT Analysis
- 10.14 Omron Corporation
- 10.14.1 Business Overview
- 10.14.2 Financial Data
- 10.14.3 Product Landscape
- 10.14.4 Strategic Outlook
- 10.14.5 SWOT Analysis
- 10.15 Pepperl+Fuchs AG
- 10.15.1 Business Overview
- 10.15.2 Financial Data
- 10.15.3 Product Landscape
- 10.15.4 SWOT Analysis
- 10.16 Robert Bosch GmbH
- 10.16.1 Business Overview
- 10.16.2 Financial Data
- 10.16.3 Product Landscape
- 10.16.4 Strategic Outlook
- 10.16.5 SWOT Analysis
- 10.17 Rockwell Automation Inc.
- 10.17.1 Business Overview
- 10.17.2 Financial Data
- 10.17.3 Product Landscape
- 10.17.4 Strategic Outlook
- 10.17.5 SWOT Analysis
- 10.18 SCHNEIDER ELECTRIC SE
- 10.18.1 Business Overview
- 10.18.2 Financial Data
- 10.18.3 Product Landscape
- 10.18.4 Strategic Outlook
- 10.18.5 SWOT Analysis
- 10.19 Senix
- 10.19.1 Business Overview
- 10.19.2 Financial Data
- 10.19.3 Product Landscape
- 10.19.4 Strategic Outlook
- 10.19.5 SWOT Analysis
- 10.20 Sick AG
- 10.20.1 Business Overview
- 10.20.2 Financial Data
- 10.20.3 Product Landscape
- 10.20.4 SWOT Analysis
- 10.21 TDK Corporation
- 10.21.1 Business Overview
- 10.21.2 Financial Data
- 10.21.3 Product Landscape
- 10.21.4 Strategic Outlook
- 10.21.5 SWOT Analysis
- 10.22 TE Connectivity
- 10.22.1 Business Overview
- 10.22.2 Financial Data
- 10.22.3 Product Landscape
- 10.22.4 Strategic Outlook
- 10.22.5 SWOT Analysis