Global Ultrasonic Sensor market is expected to grow significantly from USD 611.4 Million in 2016, to USD 2076.3 Million in 2023, at a CAGR of 18.4% from 2017 to 2023. The factors driving the growth of the ultrasonic sensor market are increasing demand for operational efficiency, blind spot detection, high sensing capability, and production in assembly line. Rise in automated production process & increasing concern for safety is also impelling the growth of ultrasonic sensor market. Adoption of the driverless car and increasing installation of urban traffic driving-aid systems further fuels the demand of ultrasonic sensor market across the globe, during the forecast period.

The ultrasonic sensor works on “non-contact” technology and useful to compute the distance of the target based on the time span between emitting the signal and receiving the echo without harming the object. The ultrasonic sensor is employed for liquid level measurement, anti-collision detection, object detection, distance measurement, and others. The ultrasonic sensor technology finds its application in various sectors such as chemicals, agriculture, construction, paper & pulp, medical & healthcare, food and beverages, aerospace & defense, material handling, robotics, automotive, and manufacturing industries. The ultrasonic sensor can sense the edge of a material as a part of web guiding system, widely used in cars as a parking sensor to help the driver in reversing the vehicle. Ultrasonic level measurement devices are mounted at the top of the vessel due to which they are less likely to offer leakage problems.

The global ultrasonic sensor market is segmented into type, application, industry, and region. On the basis of type, the market is divided into the ultrasonic retro-reflective sensor, proximity sensor, ultrasonic 2 point proximity switches, and through-beam sensors. Ultrasonic proximity sensor is accounted to hold a major market share of the global ultrasonic sensor market. Whereas, the ultrasonic through-beam sensor is expected to be the fastest growing market segment in the global ultrasonic sensor market, during the forecast period. The rapid growth of this segment is owing to the increasing demand for microprocessor controllers and ability to detect fast moving objects in short range. Based on the application, the global ultrasonic sensor market is segmented into the liquid level measurement, pallet detection, distance measurement, object detection, anti-collision detection, and others. The liquid level management segment is expected to hold the major market share in the global ultrasonic sensor market, during the forecast period. By Industry, the global ultrasonic sensor market is segmented into automotive, power, oil & gas, material handling, chemicals, agriculture, construction, paper and pulp, medical & healthcare, aerospace & defense, food and beverages, and others (textile industries, printing, and metal working). The food and beverages segment is expected to hold the major market share in the global ultrasonic sensor market during the forecast period.

Geographically, the global ultrasonic sensor market is segmented into North America, Asia-Pacific, Europe, and Rest of the World (RoW). Europe is expected to hold the major share in the global ultrasonic sensor market, during the forecast period. The factor driving the growth of the European ultrasonic sensor market is increasing need for parking assistance systems. However, Asia-Pacific region is expected to be the fastest growing market of the global ultrasonic sensor market, during the forecast period. The factors propelling the growth of the ultrasonic sensor market in the Asia-Pacific region are rising demand in the healthcare sector, and growing China automotive sensors market. Furthermore, the increasing installation of the urban traffic driving-aid systems also fuels the Asia-Pacific market.

Key players profiled in the global ultrasonic sensor market are TRW automotive, Bosch, Denso Corporation, Emerson Electric Co., Honeywell International Inc., AMETEK Inc., Baumer Group, Maxbotix Inc., Airmar Technology Corp., Siemens AG, Branson Ultrasonic Corp., Cameron Measurement Systems, Johnson Control Inc., Acuity Brands Inc., Senix Corporation, Leviton Manufacturing Co., OMRON Corporation, Lutron Electronics Co., TEXAS Instruments Inc., Gems Sensors & Controls, Rockwell Automation Inc., Keyence, Balluff, Microsonic GmbH, APC International, Crest Ultrasonic Corp., Migatron, Murata Manufacturing Co., and Toshiba America Medical Systems.

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Type

1.2.2. Market Breakdown, By Application

1.2.3. Market Breakdown, By Industry

1.2.4. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Sources

1.5. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities

2.2.2.1. Technological advancement in ultrasonic sensor technology provides growth opportunities to the Ultrasonic Sensors manufacturers

2.2.2.2. Growing safety concerns in the industrial environment creates an opportunity to the ultrasonic sensor manufacturers

2.2.3. Trends

2.2.3.1. Emerging demand of ultrasonic sensor in various verticals such as energy sector, medical & healthcare, and research & development (R&D)

2.2.4. Growth Drivers

2.2.4.1. Increasing installation of urban traffic driving-aid systems

2.2.4.2. Increasing demand for operational efficiency

2.2.4.3. Blind spot detection in automated production process and growing safety concerns

2.2.4.4. Rising demand of ultrasonic sensor in healthcare sector

2.2.4.5. Growing China automotive sector

2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

2.2.6. Restraints of the Market

2.2.6.1. Shrinking after sales market of the ultrasonic sensor

2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTLE Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Ultrasonic Sensors Market Size and Forecast (2013 – 2023)

4.1. Global Ultrasonic Sensors Market, By Type

4.1.1. Ultrasonic Proximity Sensor

4.1.2. Ultrasonic Retro Reflective Sensor

4.1.3. Ultrasonic Through Beam Sensor

4.1.4. Ultrasonic 2 Proximity Sensor

4.2. Global Ultrasonic Sensors Market, By Application

4.2.1. Liquid Level Management

4.2.2. Object Detection

4.2.3. Distance Measurement

4.2.4. Anti-Collision Detection

4.2.5. Pallet Detection

4.2.6. Others

4.3. Global Ultrasonic Sensors Market, By Industry

4.3.1. Automotive

4.3.2. Power and Oil & Gas

4.3.3. Chemical

4.3.4. Agriculture

4.3.5. Construction

4.3.6. Pulp & Paper

4.3.7. Material Handling

4.3.8. Medical & Healthcare

4.3.9. Aerospace & Defense

4.3.10. Others (Textile Industries, Printing, and Metal Working)

4.4. Global Ultrasonic Sensors Market, By Region

4.4.1. North America

4.4.2. Europe

4.4.3. Asia-Pacific (APAC)

4.4.4. Rest of the World (RoW)

CHAPTER 5. Global Ultrasonic Sensors Market, By Region

5.1. North America Ultrasonic Sensors Market (USD Million)

5.1.1. North America Ultrasonic Sensors Market, By Type (USD Million)

5.1.2. North America Ultrasonic Sensors Market, By Application (USD Million)

5.1.3. North America Ultrasonic Sensors Market, By Industry (USD Million)

5.1.4. North America Global Ultrasonic Sensors Market, By Country (USD Million)

  5.1.4.1. U.S. Ultrasonic Sensors Market (USD Million)

5.1.4.1.1. U.S. Ultrasonic Sensors Market, By Type (USD Million)

5.1.4.1.2. U.S. Ultrasonic Sensors Market, By Application (USD Million)

5.1.4.1.3. U.S. Ultrasonic Sensors Market, By Industry (USD Million)

 5.1.4.2. Canada Ultrasonic Sensors Market (USD Million)

5.1.4.2.1. Canada Ultrasonic Sensors Market, By Type (USD Million)

5.1.4.2.2. Canada Ultrasonic Sensors Market, By Application (USD Million)

5.1.4.2.3. Canada Ultrasonic Sensors Market, By Industry (USD Million)

5.1.4.3. Mexico Ultrasonic Sensors Market (USD Million)

5.1.4.3.1. Mexico Ultrasonic Sensors Market, By Type (USD Million)

5.1.4.3.2. Mexico Ultrasonic Sensors Market, By Application (USD Million)

5.1.4.3.3. Mexico Ultrasonic Sensors Market, By Industry (USD Million)

5.2. Europe Ultrasonic Sensors Market (USD Million)

 5.2.1. Europe Ultrasonic Sensors Market, By Type (USD Million)

 5.2.2. Europe Ultrasonic Sensors Market, By Application (USD Million)

 5.2.3. Europe Ultrasonic Sensors Market, By Industry (USD Million)

 5.2.4. Europe Ultrasonic Sensors Market, By Country (USD Million)

          5.2.4.1. Germany Ultrasonic Sensors Market (USD Million)

5.2.4.1.1. Germany Ultrasonic Sensors Market, By Type (USD Million)

5.2.4.1.2. Germany Ultrasonic Sensors Market, By Application (USD Million)

5.2.4.1.3. Germany Ultrasonic Sensors Market, By Industry (USD Million)

  5.2.4.2. France Ultrasonic Sensors Market (USD Million)

5.2.4.2.1. France Ultrasonic Sensors Market, By Type (USD Million)

5.2.4.2.2. France Ultrasonic Sensors Market, By Application (USD Million)

5.2.4.2.3. France Ultrasonic Sensors Market, By Industry (USD Million)

 5.2.4.3. Italy Ultrasonic Sensors Market (USD Million)

5.2.4.3.1. Italy Ultrasonic Sensors Market, By Type (USD Million)

5.2.4.3.2. Italy Ultrasonic Sensors Market, By Application (USD Million)

5.2.4.3.3. Italy Ultrasonic Sensors Market, By Industry (USD Million)

 5.2.4.4. UK Ultrasonic Sensors Market (USD Million)

 5.2.4.4.1. UK Ultrasonic Sensors Market, By Type (USD Million)

 5.2.4.4.2. UK Ultrasonic Sensors Market, By Application (USD Million)

 5.2.4.4.3. UK Ultrasonic Sensors Market, By Industry (USD Million)

 5.2.4.5. Rest of Europe Ultrasonic Sensors Market (USD Million)

5.2.4.5.1. Rest of Europe Ultrasonic Sensors Market, By Type (USD Million)

5.2.4.5.2. Rest of Europe Ultrasonic Sensors Market, By Application (USD Million)

5.2.4.5.3. Rest of Europe Ultrasonic Sensors Market, By Industry (USD Million)

5.3. Asia-Pacific Ultrasonic Sensors Market (USD Million)

5.3.1. Asia-Pacific Ultrasonic Sensors Market, By Type (USD Million)

5.3.2. Asia-Pacific Ultrasonic Sensors Market, By Application (USD Million)

5.3.3. Asia-Pacific Ultrasonic Sensors Market, By Industry (USD Million)

5.3.4. Asia-Pacific Ultrasonic Sensors Market, By Country (USD Million)

  5.3.4.1. China Ultrasonic Sensors Market (USD Million)

 5.3.4.1.1. China Ultrasonic Sensors Market, By Type (USD Million)

 5.3.4.1.2. China Ultrasonic Sensors Market, By Application (USD Million)

 5.3.4.1.3. China Ultrasonic Sensors Market, By Industry (USD Million)

 5.3.4.2. Japan Ultrasonic Sensors Market (USD Million)

5.3.4.2.1. Japan Ultrasonic Sensors Market, By Type (USD Million)

5.3.4.2.2. Japan Ultrasonic Sensors Market, By Application (USD Million)

5.3.4.2.3. Japan Ultrasonic Sensors Market, By Industry (USD Million)

5.3.4.3. India Ultrasonic Sensors Market (USD Million)

5.3.4.3.1. India Ultrasonic Sensors Market, By Type (USD Million)

5.3.4.3.2. India Ultrasonic Sensors Market, By Application (USD Million)

5.3.4.3.3. India Ultrasonic Sensors Market, By Industry (USD Million)

5.3.4.4. South Korea Ultrasonic Sensors Market (USD Million)

5.3.4.4.1. South Korea Ultrasonic Sensors Market, By Type (USD Million)

5.3.4.4.2. South Korea Ultrasonic Sensors Market, By Application (USD Million)

5.3.4.4.3. South Korea Ultrasonic Sensors Market, By Industry (USD Million)

5.3.4.5. Rest of Asia-Pacific Ultrasonic Sensors Market (USD Million)

5.3.4.5.1. Rest of Asia-Pacific Ultrasonic Sensors Market, By Type (USD Million)

5.3.4.5.2. Rest of Asia-Pacific Ultrasonic Sensors Market, By Application (USD Million)

5.3.4.5.3. Rest of Asia-Pacific Ultrasonic Sensors Market, By Industry (USD Million)

5.4. Rest of the World (RoW) Ultrasonic Sensors Market (USD Million)

5.4.1. Rest of the World (RoW) Ultrasonic Sensors Market, By Type (USD Million)

5.4.2. Rest of the World (RoW) Ultrasonic Sensors Market, By Application (USD Million)

5.4.3. Rest of the World (RoW) Ultrasonic Sensors Market, By Industry (USD Million)

5.4.4. Rest of the World (RoW) Ultrasonic Sensors Market, By Country (USD Million)

  5.4.4.1. Middle East Ultrasonic Sensors Market (USD Million)

5.4.4.1.1. Middle East Global Ultrasonic Sensors Market, By Type (USD Million)

5.4.4.1.2. Middle East Global Ultrasonic Sensors Market, By Application (USD Million)

5.4.4.1.3. Middle East Global Ultrasonic Sensors Market, By Industry (USD Million)

5.4.4.2. Africa Ultrasonic Sensors Market (USD Million)

5.4.4.2.1. Africa Ultrasonic Sensors Market, By Type (USD Million)

5.4.4.2.2. Africa Ultrasonic Sensors Market, By Application (USD Million)

5.4.4.2.3. Africa Ultrasonic Sensors Market, By Industry (USD Million)

5.4.4.3. South America Ultrasonic Sensors Market (USD Million)

5.4.4.3.1. South America Ultrasonic Sensors Market, By Type (USD Million)

5.4.4.3.2. South America Ultrasonic Sensors Market, By Application (USD Million)

5.4.4.3.3. South America Ultrasonic Sensors Market, By Industry (USD Million)

CHAPTER 6. Key Players and Strategic Developments

6.1. Siemens AG

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. Crest Ultrasonic Corp

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. Murata Manufacturing Co. Ltd.

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. Rockwell Automation

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. Baumer Group

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. Sensix Corporation

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Honeywell International Inc.

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. SWOT Analysis

6.7.5. Strategic Developments

6.8. Microsonic GmbH

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. SWOT Analysis

6.8.5. Strategic Developments

6.9. Maxbotix Inc.

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. SWOT Analysis

6.9.5. Strategic Developments

6.10. OMRON Corporation

 6.10.1. Business Overview

 6.10.2. Product and Service Offering

 6.10.3. Financial Overview

 6.10.4. SWOT Analysis

 6.10.5. Strategic Developments

6.11. Abbreviations