2022 Ultrasonic Sensor Market Trends

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Pune, India, Jan. 18, 2022 (GLOBE NEWSWIRE) —

The global ultrasonic sensor market size is expected to grow at a significant CAGR during the forecast period, owing to the development and adoption of advanced technologies across different industries. Moreover, the concept of autonomous driving is accelerating in many developed regions. Several car manufacturers are stepping up their research and development efforts to integrate these innovative technologies to not only improve the driving experience of their customers, but also to improve their safety. Such initiatives will drive the adoption of ultrasonic sensors. The regional trends that can contribute positively to the expansion of the market are mentioned below:

North America (regional valuation can reach $1 billion):

Retro-reflective sensors widely used by car manufacturers:

the North America Ultrasonic Sensor Market Size retroreflective ultrasonic sensors is likely to observe a CAGR of 12.5% ​​through 2027. The sensors have many advantages, such as ease of deployment, user-friendly optical axis, lower installation cost and low maintenance. Retro-reflective sensors are widely used by car manufacturers to improve the performance of parking assistance systems, which can increase their use.

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Use of ultrasonic sensors in medical devices:

Ultrasonic sensors are finding robust use in medical devices due to the increasing production of ultrasound devices and blood glucose meters. The sensors are also widely used in different types of medical imaging devices, including X-ray and ultrasound devices. The instruments are used to view real-time images of the internal structures of the body, such as bones, tendons, ligaments and internal organs, thus positively influencing the demand for ultrasound sensors.

The outlook for the Canadian ultrasonic sensor market is improving:

The Canadian market could show a CAGR of 10.5% through 2027 as ultrasonic sensors are heavily used in industrial automation and robotics applications. The government is also increasing its investments to help companies develop new robotic technologies, which could boost the use of ultrasonic sensors.

Asia-Pacific (regional automation can reach $2.5 billion):

The demand for through-beam ultrasonic sensors is increasing:

the Asia-Pacific Ultrasonic Sensor Market Size Through-beam ultrasonic sensors are expected to register a CAGR of 14% through 2027. Through-beam ultrasonic sensors consist of a wide range of advantageous features, such as wide transmission range, fast response time shorter and precise proximity tests, among others. It can be used to receive and transmit a signal to improve precision and accuracy by decreasing the margin of error, which can boost its adoption by end users.

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India’s market share increases:

India could show a CAGR of around 12% in the industry till 2027. One of the main reasons for this is the growing number of government initiatives and investments to increase the production and sales of consumer electronics in the country.

For example, the Government of India, in September 2020, unveiled the Production Linked Incentive (PLI) scheme. Under the program, it will offer $23 billion in financial support to promote the establishment of manufacturing plants to produce durable consumer goods and electronic devices in the country. These efforts will drive demand for consumer electronics and bolster the use of ultrasonic sensors in these devices.

Industrial automation is gaining momentum:

Industrial robots will positively affect the regional market outlook as they are widely used in a wide range of industries. These robots are equipped with ultrasonic sensors that help them in handling, sorting, object detection, pick & place and many other applications. Additionally, governments are offering financial support to encourage companies to adopt industrial automation in their production processes, which could boost the demand for ultrasonic sensors.

Europe (regional valuation may exceed $800 million):

Impact of COVID-19 on Ultrasonic Sensor Demand:

The COVID-19 pandemic has had a positive impact on the Europe Ultrasonic Sensor Market Forecast while advanced technologies, such as industrial automation and robotics, have accelerated the pace in sectors such as chemicals, automotive, pharmaceuticals, aerospace and defense, among others.

These technologies have played a vital role in keeping manufacturing processes free from interruptions and delays in times of severe labor shortages. They have also helped companies meet the demand for various products and helped them achieve their goals, which has improved the use of ultrasonic sensors in these technologies.

Access sample report pages “Europe Ultrasonic Sensors Market Forecast 2027” in detail with the table of contents (ToC) @

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Use of ultrasonic sensors for level measurement:

The level measurement app could observe a CAGR of 10% over 2021-2027. Ultrasonic sensors are commonly used in level measurement applications in various manufacturing facilities.

The sensors offer maintenance-free, continuous and non-contact level measurement of slurries, fluids, powders, pastes and oils in bulk materials. They also help to accurately identify the level of raw materials to improve and smooth the flow of manufacturing operations, thus promoting their demand among end users.

About Graph Search:

Graphical Research is a business research company that provides industry insights, market forecasts, and strategic inputs through granular research reports and consulting services. We publish targeted research reports with the aim of meeting the varied needs of clients, from market penetration and entry strategies to portfolio management and strategic insights. We understand that business requirements are unique: our union reports are designed to ensure relevance for industry players across the value chain. We also provide custom reports tailored to the exact needs of the client, with dedicated analyst support throughout the purchase lifecycle.


        


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