Global Proximity Sensor Market Costs, Price, Analysis and Forecasts 2016-2020: Hexa Reports

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Global Proximity Sensor Market Share, Size, Trends,

Growth, Costs and Price, Research and Analysis Forecasts

2016-2020

Proximity sensors are electronic sensors that are integrated with devices and machines for non-contact

presence detection of objects or materials in close proximity. Multiple types of proximity sensors are

used to sense different types of objects. The object to be sensed is known as the target.

Use of a particular type of proximity sensor depends upon:

 Type of target

 Distance of target

 Density of target

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Technavio's analysts forecast the global proximity sensor market to grow at a CAGR of 7.29% during the

period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global proximity sensor market

for 2016-2020. To calculate the market size, the report considers revenue generated from the following

types of proximity sensor:

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Market Research Reports and Insightful Company Profiles

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Inductive

Photoelectric

Capacitive

Ultrasonic

Magnetic

Technavio's report, Global Proximity Sensor Market 2016-2020, has been prepared based on an in-depth

market analysis with inputs from industry experts. The report covers the market landscape and its

growth prospects over the coming years. The report also includes a discussion of the key vendors

operating in this market.

Market driver

 Rising use of monitoring and safety systems in automobiles

 For a full, detailed list, view our report

Market challenge

 Limited product variation

 For a full, detailed list, view our report

Market trend

 Integration of ALS and proximity sensors into a single module

 For a full, detailed list, view our report

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