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Asia-Pacific Proximity and Displacement Sensor Market 2014-

The growing demand towards energy efficient equipment such as elevators and escalators has significantly expanded the application areas of these sensors. According to apacmarket.com, in 2014, the market was estimated at $1.015 billion for Asia-Pacific region and is expected to reach $1.77 billion by 2020. Get detailed report at: http://www.apacmarket.com/top-market/apac-proximity-and-displacement-sensor-market

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Asia-Pacific Proximity and Displacement Sensor Market 2014-

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  1. Asia-Pacific Proximity and Displacement Sensor Market 2014-2020 Published Date: 24-Jun-2015 No. Pages : 115

  2. Report Description Proximity sensors are used for detecting presence of the object of interest near the periphery of the sensor. A displacement sensor is capable of measuring the absolute as well as relative displacement of the object of interest. The function of proximity and displacement sensors are featured with contact as well as contactless detection and measurement. Today, the market for proximity and displacement sensors is evolving. The application area of proximity and displacement sensors has significantly expanded owing to the growing trend of factory and process automation across all industries. The market for proximity and displacement sensors is witnessing the largest demand from automobile and electronics manufacturing industries in Asia-Pacific region. Proximity and displacement sensors are majorly used in construction of smart electronic equipment which plays key role in improving its operational as well as energy efficiency.

  3. Report Description According to apacmarket.com, in 2014, the market was estimated at $1.015 billion for Asia-Pacific region and is expected to reach $1.77 billion by 2020. The proximity and displacement sensors are segmented into six basic types- inductive, photoelectric, capacitive, magnetic, ultrasonic and LVDT. Inductive sensors are majorly used to detect metallic objects while photoelectric sensors are used to detect non-metallic object in their field of operation. With adoption in large set of applications, photoelectric and inductive sensors are expected to maintain the largest market share during the analysis period 2014-2020. The application industries studied in the report include parking sensor systems, ground proximity warning system, anti-aircraft warfare, roller coasters, conveyor systems, vibration monitoring systems, assembly line testing, mobile devices and others (detection of surface run-out of blades, precision thickness measurement, and disc driving spindle).

  4. Report Description Parking sensor system holds the maximum revenue share presently, followed by mobile device and conveyor system. The proximity and displacement sensors market, in accordance to end users, is segmented into industries such as automotive, pharmaceutical, pulp & paper, food & beverages, manufacturing, elevators & escalators and metals & mining. The automobile and manufacturing industries hold a high market share owing to high unit cost and demand of proximity and displacement sensors. Based on country, the Asia-Pacific market is segmented across China, Japan, India, South Korea, Australia and rest of Asia-Pacific countries, which include Malaysia, Indonesia, Vietnam and Thailand. China with 38 percent of market share in 2014, would continue to maintain its dominating position in Asia-Pacific proximity and displacement sensors market owing to the high concentration of industrial sectors. 

  5. Potential Benefits • Forecast for Asia-Pacific proximity and displacement sensors market based on current market trends, 2014 • The report provides a competitive scenario of the Asia-Pacific proximity and displacement sensors markets, with current and future market growth trends, market structure, driving factors, scope, opportunities and the challenges in the market.  • The report includes comprehensive analysis of market segments to provide insights about market dynamics  • Porters Five Forces model is used to analyse the buyer and supplier potential and for highlighting the competitive structure of the market, which would enable market players to devise effective plans and facilitate better decision making. 

  6. Key Segments

  7. Key Players • ifm Electronic GmbH • Kaman Corporation • Keyence Corporation • Omron Corporation • Standex-Meder Electronics Inc. • Turck Inc. • Sick Sensor Intelligence • Panasonic Corporation

  8. Report Description China Australia India Japan Other

  9. FOR MORE DETAILS Visit us at : http://www.apacmarket.com/top-market/apac-proximity-and-displacement-sensor-market Stay With Us: • TELEPHONE: +1-800-765-615 • EMAIL:  help@apacmarket.com

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