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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Proximity Sensors Market Outlook
The North America proximity sensors market size was valued at USD 1.24 billion in 2023. The market is further projected to grow at a CAGR of 5.2% between 2024 and 2032, reaching a value of USD 1.97 billion by 2032.
Key Takeaways
- According to the Association for Advancing Automation (A3), North American companies purchased 31,159 industrial robots in 2023.
- In 2022, Canada’s food and beverage sector accounted for 18.2% of total manufacturing sales and 1.7% of the national GDP.
Proximity sensors are crucial components in several markets, such as automotive and manufacturing. Players in the market are investing in research to develop sensors that can detect objects at a longer distance enhancing the flexibility of manufacturing, propelling the North America proximity sensors market growth.
In 2022, the food and beverage processing sector was the largest manufacturing market in Canada with sales of goods manufactured accounting for USD 156.5 billion. The sector supplies around 70% of all processed food and beverage products that are available in Canada. The country’s food and beverage sector is adopting automation, robotics, and artificial intelligence to enhance its operations. The different types of proximity sensors, such as inductive, capacitive, and ultrasonic are increasingly used in the food processing sector. These sensors play a crucial role in detecting contaminants during food manufacturing and enhance the quality and safety of production processes.
As per the North America proximity sensors market report, the development and adoption of robots by the industrial sector is a crucial driver for proximity sensors. These sensors play a vital role in ensuring the safety of robots and human interaction as well as helping robots efficiently detect obstacles. In the United States, Iowa, Michigan, Wisconsin, Kansas, and Minnesota widely use robots for manufacturing, aiding the demand for proximity sensors.
Market Segmentation
North America Proximity Sensors Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Technology
- Inductive
- Capacitive
- Photoelectric
- Magnetic
Market Breakup by Type
- Type I
- Type II
- Others
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The key players in the proximity sensors market in North America are producing high-quality proximity sensors to increase the efficiency and safety of the end-use markets.
- Rockwell Automation Inc.
- Pepperl+Fuchs North America
- OMRON Corporation
- Turck Holding GmbH
- Panasonic Holdings Corporation
- SICK AG
- Carlo Gavazzi
- The Baumer Holding AG
- Renesas Electronics Corporation
- Azbil Corporation
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the proximity sensors market reached an approximate value of USD 1.24 billion.
The market is expected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.97 billion by 2032.
A proximity sensor is a device that can detect the approach or presence of nearby objects with no physical contact.
Optical proximity switches find use in various machines deployed in markets, such as pharmaceutical, packaging, food processing, textile machines, and chemical.
The major drivers of the market include an expanding manufacturing sector, the popularity of robotics in end-use markets, and rising demand for automation in markets such as food and beverages.
Key trends aiding market expansion include extensive research and development to advance proximity sensor technology, the rising adoption of automation and robotics in the manufacturing sector, and growing demand for electronics, such as mobile phones.
Major countries in the market are the United States of America and Canada.
The common types of proximity sensors are Type I, Type II, and others.
Key players in the market are Rockwell Automation Inc., Pepperl+Fuchs North America, OMRON Corporation, Turck Holding GmbH, Panasonic Holdings Corporation, SICK AG, Carlo Gavazzi, The Baumer Holding AG, Renesas Electronics Corporation, Azbil Corporation, and others.
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