To Enquire About the Report Click Here IndustryARC Global Ultrasonic Sensor Market (2014-2020) By Product (Ultrasonic Proximity Sensors, Ultrasonic Through-Beam Sensors, Others), By Technology (Processing Technology, Medical Technology, Testing Technology, Others), By Application (Automation, Pharmaceutical, Food and Beverage, Mining, Others) and By Geography
Ultrasonic sensors calculate characteristics of the subject of action by interpreting the echoes from radio or sound waves, respectively. These sensors are also known as transceivers when they perform the actions of both sending and receiving. They detect a wide range of materials, are not influenced by problematic surfaces, and are largely immune to environmental Influences. Whether the task is material handling, food and beverage, mobile equipment, fill level measurement or detection at gates and doorways, Ultrasonic sensors offer solutions for the most diverse application requirements
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To Enquire About the Report Click
Here
IndustryARC
Global Ultrasonic Sensor Market
(2014-2020)
By Product (Ultrasonic Proximity Sensors, Ultrasonic Through-Beam Sensors, Others), By Technology (Processing Technology, Medical Technology, Testing Technology, Others), By Application (Automation, Pharmaceutical, Food and Beverage, Mining, Others) and By Geography
1. GLOBAL ULTRASONIC SENSOR INDUSTRY – MARKET OVERVIEW 1.1. SCOPE
The global market for Ultrasonic Sensor has been segmented by the type of product, technology and by type of applications where these sensors are deployed. Each of these segmentations has been further broken down to give a comprehensive analysis of the market for Ultrasonic Sensors. The overall market has also been presented from the perspective of different geographic locations into standard geographic regions and key economies for this market. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The market shares of the key players for 2014 are also provided. The prominent players profiled in this report are Measurement Specialities Inc., Honeywell Process Solutions and Siemens AG etc. The report contains the most detailed and in-depth segmentation of the global Ultrasonic Sensor market.
1.2. STAKEHOLDERS The following are the key stakeholders in the Ultrasonic Sensor market.
2. EXECUTIVE SUMMARY Ultrasonic sensors calculate characteristics of the subject of action by interpreting the echoes from radio or sound waves, respectively. These sensors are also known as transceivers when they perform the actions of both sending and receiving. They detect a wide range of materials, are not influenced by problematic surfaces, and are largely immune to environmental Influences. Whether the task is material handling, food and beverage, mobile equipment, fill level measurement or detection at gates and doorways, Ultrasonic sensors offer solutions for the most diverse application requirements
This report categorizes the market into four different segments, namely, market by type of product, technology, application, and geography. Based on the product, the market has been classified into Ultrasonic Proximity Sensors, Ultrasonic through-Beam Sensors, Ultrasonic Retro-Reflective Sensors and others. The technology segments covers processing technology, testing technology, medical technology and others. The applications include Automation, Food and Beverage, Mining, Pharmaceuticals and others. Based on the geography, the report has been segmented into North America, Europe, APAC, and RoW. The ultrasonic technology provides various advantages over conventional sensors like, they are less affected by target materials and surfaces, and not affected by color, they are resistant to external disturbances such as vibration, infrared radiation, ambient noise, and EMI radiation and so on.
SAMPLE TABLE: GLOBAL ULTRASONIC SENSOR MARKET REVENUE, BY REGION, 2014-2020 ($M)
Region 2014 2015 2016 2017 2019 2020 CAGR% (2015-2020)
North America xx xx xx xx xx xx xx% South America xx xx xx xx xx xx xx% Europe xx xx xx xx xx xx xx% APAC xx xx xx xx xx xx xx% RoW xx xx xx xx xx xx xx% Total xx xx xx xx xx xx xx% Source: IndustryARC Analysis, Expert Insights
Developed countries in North America and Europe remain the largest market for the Ultrasonic Sensor sales accounting for more than xx% of the total market, followed by the APAC region. China will remain the largest manufacturer of the Ultrasonic Sensor products and will also remain as the most important market in the APAC region followed by South America and RoW.
SAMPLE TABLE: GLOBAL ULTRASONIC SENSOR MARKET REVENUE, BY PRODUCT TYPE, 2014-2020 ($M)
Type 2014 2015 2016 2017 2019 2020 CAGR% (2015-2020)
Ultrasonic Proximity Sensors
xx xx xx xx xx xx xx%
Ultrasonic Retro-Reflective Sensors
xx xx xx xx xx xx xx%
Ultrasonic Through-Beam Sensors
xx xx xx xx xx xx xx%
Total xx xx xx xx xx xx xx% Source: IndustryARC Analysis, Expert Insights
There are the various types of ultrasonic sensors available in the markets which are put into use based on the type of requirements. Market size and forecast are provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the global Ultrasonic Sensor market and future opportunities are provided in the report.
This report on the Global Ultrasonic Sensor Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the Ultrasonic Sensor market.
Sample Figure: Global Non-Contact Level Sensors, By Type (%)
Source: IndustryARC Analysis, Expert Insights
The Ultrasonic level sensors dominated the non-contact level sensing market and it alone contributed 65% of the market revenues shares followed by the radar-based level sensors and instruments. These sensors are low cost and provide accurate level sensing and measurement suitable for various applications.
KEY MARKET INSIGHTS Technology and the need of quality standards are helping the growth of the Ultrasonic Sensor market:
• ONICON Incorporated, a Harbour Group company, acquired Greyline Instruments, Inc., designer and manufacturer of ultrasonic flow meters and level sensors that utilize Doppler, transit time, and area velocity technologies.
• The new senseFly eXom quadcopter uses multiple visual and ultrasonic sensors to avoid obstacles and maintain precise autonomous flight. SenseFly is a Swiss company best known for its fixed-wing industrial drones.
• An Ecuadorian student invented a costume for blind people, which enables the person to navigate in different surroundings by emitting vibrations to direct the person and warn him/her about different objects near him/her.
• Texas Instruments developed PGA450-Q1, an ultrasonic sensor System On Chip (SOC) that can sense an detect objects up to 6m away.
• Morgan Advanced Materials introduced an ultrasonic sensor that detects the level of liquids s without coming into physical contact.
The quantitative and qualitative data collected for the Ultrasonic Sensors report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or mangers in the Ultrasonic Sensor Industry. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by product types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights.
We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the Ultrasonic Sensor market.
The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, and marketing personnel were used extensively in understanding the need and emergence of Ultrasonic Sensor market.
We also have extensive database of contacts which were used to conduct primary interviews and also to get their inputs using questionnaires.
An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.
THE ARC PROCESS
ANALYTICAL MODEL BASE MODEL CONSOLIDATED MODEL ARC MODEL
Analytical Method
Base Method Consolidation Method
Delphi Verification
1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model
1. Get a top-down estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years 4. Build the Base model
1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model
1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model