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Proximity Sensors Market

The proximity sensor market is expected to reach USD 3.7 Billion by 2020, growing at a CAGR of 5.3% between 2015 and 2020.

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Proximity Sensors Market

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  1. Proximity Sensor Market worth 3.7 Billion USD by 2020 According to a new market research report "Proximity Sensor Market by Technology (Inductive, Capacitive, Magnetic, Photoelectric & Ultrasonic), Product type (Fixed Distance, Adjustable Distance), Sensing Range (0 mm to 20 mm, 20 mm to 40 mm & Greater than 40 mm), Application (Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Pharmaceuticals, Consumer Electronics & Building Automation) & Geography - Global trend & forecast to 2020", the proximity sensor market is expected to reach USD 3.7 Billion by 2020, growing at a CAGR of 5.3% between 2015 and 2020. Browse 68 market data tables and 79 figures spread through 167 pages and in-depth TOC on “Proximity Sensor Market - Global trend & forecast to 2020” http://www.marketsandmarkets.com/Market-Reports/proximity-sensor-market-36281914.html Early buyers will receive 10% customization on reports. Increase in automation of complex production systems has led to the demand for components that are capable of providing important data regarding the production process. Proximity sensors have become important data acquisition devices in automation provide information in the form of individual process variables to controllers. The ability of proximity sensors to work in hazardous conditions such as extreme temperature, humidity, and in chemical processing applications has led to growth of the proximity sensors market. Get Your Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=36281914 The overall proximity sensor market is segmented into various segments, namely, type, sensing distance, technology, industry, and geographies. The proximity sensor market for building automation is expected to grow at an estimated CAGR of 7.2% between 2015 and 2020. Geographically, the proximity sensor market is segmented into North America (the U.S., Canada, and Mexico), Europe (Germany, the U.K., France, and Italy), APAC (China, Japan, India, and South Korea), and the Rest of the World (Middle East & Africa and South America). The North American market is expected to account for a share of ~36% in 2015 and is estimated to grow at a CAGR of 4.1% between 2015 and 2020. The APAC region is expected to grow at the highest rate of 8.0% between 2015 and 2020. The key players in the market include Avago Technologies Inc. (Singapore), IFM Electronic GmbH (Germany), Schneider Electric (France), Panasonic Corporation (Japan), Balluff GmbH. (Germany.), Hans

  2. Turck GmbH & CO., KG. (Germany), Pepperl + Fuchs GmbH (Germany), Rockwell Automation (U.S.), Omron Corporation (Japan), Honeywell International Inc. (U.S.), Fargo Controls (U.S.), and Sick AG ( Germany). About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com

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