Distance Measurement Sensor Market is expected to reach $2.7 Billion by 2020

Posted July 24, 2015 by IARCAutomation

Global Distance Measurement Sensor market to grow at 2.6% year on year for the next six years
With growing technology, [b]the automation and instrumentation industries[/b] have been very lucky in the past years. With the demand and support that they are receiving, they are clearly expected to see further growth and a high boom in the future. One such product from this industry is the [b]Distance Measurement Sensor Device[/b]. As the name suggests, these devices use sensor systems to trace the distance between two given points.

[b]For Table of contents and insights: [/b]

[b]The Distance Measurement Sensor Market[/b] is the amalgamation of a wide variety of technologies like Ultrasonic, LED, Laser, Capacitive Sensors, etc. Distance measurement sensors are used in varying applications like packaging, automation, robotics, safety systems and consumer electronics for varying purposes. They typically use inductive, capacitive, ultrasonic, IR, photoelectric and CMOS sensing technologies based on the distance of measurement, accuracy and speed of measurement. Most companies manufacture a mixture of distance measurement sensors, proximity and displacement sensors and customize them based on the needs of the end consumer.

[b]What our report offers in detail: [/b]
• [b]Segmentation[/b] of the Market: Based on [b]Products and Regions. [/b]
• Driving factors of the market,
• Restraints,
• Challenges,
• Revenue insights,
• Detailed research on the players:
1. Attributes of company overview,
2. Financial overview,
3. Business strategies,
4. Product portfolio and
5. Recent developments.
Some [b]key players[/b] of this industry being:
• Omron
• Pepperl+Fuchs
• Baumer
• Banner Engineering and others.

[b]Request for Sample Data / Brochure: [/b]

[b]Logical Estimation: [/b]
The [b]main factor[/b] for this billion dollar company is the rising need for automation for faster production and supply. IndustryARC estimates the Global Distance Measurement Sensor market to grow at 2.6% in the coming six years. The market is estimated to become a $2.7bn industry by 2020!

[/b]Additional Insights: [/b]
[b]Ultrasonic Distance Measuring Sensors[/b] provide information on an absolute position of a target or moving object. For glossy surfaces, transparent objects or in environments with a high degree of dust and humidity, ultrasonic technologies are often the only alternative to mechanical probing.

[b]Request for Customization: [/b]

The Ultrasonic distance measurement sensors produce frequencies equal to 20,000 cycles per second making them very accurate in sensing even the smaller objects and also at relatively low price. So these sensors are very widely used in this industry. Applications for ultrasonic distance measuring sensors include level detection, stack height control as well as absolute position feedback.

[b]Inquiry Before Buying: [/b]

[b]Related Report You May Be Interested: [/b]

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[b]About IndustryARC: [/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

[b]Contact: [/b]
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Contact Email [email protected]
Issued By IndustryARC
Phone +1-614-588-8538 (Ext – 101/102
Business Address 14 Middleport Road, Hamilton,
13346 NY, USA.
Country United States
Categories Business , News , Research
Tags distance measurement sensors companies , distance measurement sensors industry , distance measurement sensors market , distance measurement sensors market report , distance measurement sensors market size
Last Updated July 24, 2015