How big is the Inductive Proximity Sensor Market?

The Inductive Proximity Sensor Market size is expected to reach USD 1.29 billion in 2024 and grow at a CAGR of 7.13% to reach USD 1.81 billion by 2029. Read More

What is the current Inductive Proximity Sensor Market size?

In 2024, the Inductive Proximity Sensor Market size is expected to reach USD 1.29 billion. Read More

Who are the key players in Inductive Proximity Sensor Market?

Pepperl+Fuchs, Rockwell Automation Inc., Panasonic Industry Co., Ltd., Eaton Corporation PLC and Sick AG are the major companies operating in the Inductive Proximity Sensor Market. Read More

Which is the fastest growing region in Inductive Proximity Sensor Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Inductive Proximity Sensor Market?

In 2024, the Asia-Pacific accounts for the largest market share in Inductive Proximity Sensor Market. Read More

What years does this Inductive Proximity Sensor Market cover, and what was the market size in 2023?

In 2023, the Inductive Proximity Sensor Market size was estimated at USD 1.20 billion. The report covers the Inductive Proximity Sensor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Inductive Proximity Sensor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Inductive Proximity Sensors Market - Manufacturers & Share

Inductive Proximity Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Inductive Proximity Sensors Market Analysis and it is Segmented by End-user Application (Industrial, Automotive, Aerospace and Defense, Packaging, and End-user Applications) and Geography (North America, Europe, Asia-Pacific, and Latin America). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Inductive Proximity Sensors Industry Overview

The inductive proximity sensors market is very competitive in nature. The market is concentrated due to the presence of various small and large players. Some of the significant players in the market are Panasonic Corporation, Sick AG Pepperl+Fuchs, Rockwell Automation Inc., Eaton Corporation PLC, Omron Corporation, Delta Electronics Inc., and many more.

August 2022: Inductive proximity sensors are often used in vehicles, i.e., in mobile equipment, for tasks such as position monitoring or end position monitoring of swivel arms, gripping arms, and dump bodies. Rockwell Automation Inc. partnered with Bravo Motor Company, focusing on producing batteries, vehicles, and energy-storage systems. With the new alliance, Rockwell Automation will contribute to providing cutting-edge solutions for manufacturing batteries and electric vehicles in the Brazilian market based on the circular economy concept.