Dublin, November 10, 2021/PRNewswire/ - "Ultrasonic sensor market share, size and growth, by type (proximity detection, ranging), by application (distance measurement, object detection, level measurement, collision avoidance Testing), other), by end use and by region, the "Forecast to 2028" report has been added to ResearchAndMarkets.com's products.
It is estimated that the global ultrasonic sensor market will reach US$6.4542 billion in 2028, with a compound annual growth rate of 6.2% during the forecast period.
The increase in the number of ultrasound applications in the healthcare sector and the increasing demand for minimally invasive surgery are the main factors driving market growth. The advantages of minimally invasive surgery include less stress and faster recovery time. The increasing demand for smart medical wearable devices, and the increasing use of various technologies to monitor heart rate, sensing temperature, etc., have led to high consumption of ultrasonic sensors, thereby driving market growth. Some of the main findings in the report:
Among the types of market segments, the proximity sensor segment accounted for the major share of revenue in 2020, and it is expected to record a strong revenue compound annual growth rate during the forecast period.
In the application segment, the distance measurement segment accounted for the main revenue share in 2020, followed by the liquid level measurement segment. The liquid level measurement department is also expected to record a strong compound annual growth rate of revenue during the forecast period.
Among the end-use sectors, the healthcare sector is expected to record the highest revenue growth rate during the forecast period. In 2020, the automotive sector accounted for a considerable share of revenue in the global market.
The North American market accounted for the largest revenue share of the global market in 2020 due to many factors, such as mature end-use industries, high demand for advanced technologies, and strong presence of manufacturing units in various industrial verticals in these countries/regions.
The Asia-Pacific market will account for the second largest revenue share of the global market in 2020.
The companies introduced in the market report include some participants in the ultrasonic sensor market, including Branson Ultrasonic Corp., Honeywell International Inc., Toshiba America Medical Systems, Inc., OMRON Corporation, Murata Manufacturing Co. Ltd., APC International Ltd., Siemens Ag, Rockwell Automation Inc., GE Healthcare, Ltd. and Pepperl Fuchs GmbH. Market participants have adopted various strategies, including mergers, acquisitions, partnerships, and new product development strategies to maintain their competitive advantage and expand their market footprint.
Reasons for buying the report
Robust analysis and estimation of the ultrasonic sensor market through four levels of quality inspection-internal database, expert interviews, government supervision, and forecasts exclusively through time series analysis
The overall competitive landscape of all major players in the ultrasonic sensor market. The report covers their market share, strategic initiatives, new product launches, R&D expenditures, mergers and acquisitions, joint ventures, expansion plans, product-wise measurement space analysis and key developments
A listing strategy specially formulated based on location analysis, which takes into account factors such as government regulations, supplier maps, supply chain barriers, and feedback from local suppliers
Most of the deep dive sub-forks currently available on the market. Our first-class method can help us understand the overall scope of the supply chain and will help you explain the current market dynamics
Pay special attention to supplier structure, supplier mix, customer map, production capacity and annual capacity utilization
Key topics covered: Chapter 1 Market Summary 1.1. Market definition 1.2. Research scope and premise 1.3. Methodology 1.4. Market Estimation Techniques Chapter 2 Executive Summary 2.1. Summary snapshot, 2020-2028 Chapter 3. Indicative indicators Chapter 4. Ultrasonic sensor market segmentation and impact analysis 4.1. Analysis of Ultrasonic Sensor Market Segmentation 4.2. Industry Outlook 4.2.1. Analysis of market indicators 4.2.2. Analysis of market drivers 4.2.2.1. The demand from the food and beverage industry continues to increase 4.2.2.2. Reliability and cost-effectiveness 4.2.3. Analysis of market constraints 4.2.3.1. The development of other alternative sensing technologies and the inadequate manufacturing quality of sensors. 4.3. Technical insights 4.4. Regulatory framework 4.5. ETOP analysis 4.6. Porter's Five Forces Analysis 4.7. Competitive metric space analysis 4.8. Price Trend Analysis Chapter 5. The ultrasonic sensor market by application insights and trends 5.1. Application dynamics and market share, 5.2 in 2021 and 2028. Object detection 5.2.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.2.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.3. Liquid level measurement 5.3.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.3.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.4. Distance measurement 5.4.1. Market estimates and forecasts, 2018-2028 (millions of US dollars) (thousands of units) 5.4.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.5. Anti-collision detection 5.5.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.5.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 5.6. Other 5.6.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 5.6.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) Chapter 6. Ultrasonic Sensor Market Insights and Trends by Type 6.1. Type dynamics and market share, 6.2 in 2021 and 2028. Proximity detection 6.2.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 6.2.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 6.3. Ranging measurement6.3.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 6.3.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) Chapter 7. End-user insights and trends in the ultrasonic sensor market 7.1. End-user dynamics and market share in 2021 and 2028 7.2. Automotive 7.2.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.2.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.3. Medical and healthcare 7.3.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.3.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.4. Chemistry 7.4.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.4.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.5. Construction 7.5.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.5.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) 7.6. Other 7.6.1. Market estimates and forecasts, 2018-2028 (millions of dollars) (thousands of units) 7.6.2. Market estimates and forecasts, by region, 2018-2028 (millions of dollars) (thousands of units) Chapter 8. Chapter 9 of the Ultrasonic Sensor Market Outlook by Region. Competitive landscape 9.1. Manufacturer’s market revenue share is 9.2. Breakdown analysis of manufacturing costs 9.3. Mergers and acquisitions 9.4. Market positioning 9.5. Strategy Benchmark 9.6. Supplier Profile Chapter 10 Company Profile 10.1. Branson Ultrasonic Company, 10.1.1. Company profile 10.1.2. Financial performance 10.1.3. Technical insight 10.1.4. Strategic measures 10.2. Honeywell International Corporation 10.2.1. Company profile 10.2.2. Financial performance 10.2.3. Technical insight 10.2.4. Strategic initiatives 10.3. Toshiba American Medical Systems Corporation 10.3.1. Company profile 10.3.2. Financial performance 10.3.3. Technical insight 10.3.4. Strategic initiatives 10.4. Omron Corporation 10.4.1. Company profile 10.4.2. Financial performance 10.4.3. Technical insight 10.4.4. Strategic initiative 10.5. Murata Manufacturing Co., Ltd. 10.5.1. Company profile 10.5.2. Financial performance 10.5.3. Technical insight 10.5.4. Strategic initiatives 10.6. APC International Ltd. 10.6.1. Company profile 10.6.2. Financial performance 10.6.3. Technical insight 10.6.4. Strategic initiatives 10.7. Siemens AG 10.7.1. Company profile 10.7.2. Financial performance 10.7.3. Technical insight 10.7.4. Strategic initiative 10.8. Rockwell Automation 10.8.1. Company profile 10.8.2. Financial performance 10.8.3. Technical insight 10.8.4. Strategic initiative 10.9. GE Healthcare Co., Ltd. 10.9.1. Company profile 10.9.2. Financial performance 10.9.3. Technical insight 10.9.4. Strategic initiative 10.10. Pepperl+Fuchs Co., Ltd. 10.10.1. Company profile 10.10.2. Financial performance 10.10.3. Technical insight 10.10.4. Strategic Initiatives For more information on this report, please visit https://www.researchandmarkets.com/r/qv612a
Research and Marketing Laura Wood, Senior Manager press@researchandmarkets.com Eastern time office hours call 1-917-300-0470 US/Canada toll-free number 1-800-526-8630 GMT office hours call 353-1 -416 -8900 US Fax: 646-607-1904 Fax (Outside the US): 353-1-481-1716
View the original text: https://www.prnewswire.com/news-releases/worldwide-ultrasonic-sensor-industry-to-2028---increasing-demand-from-the-food--beverage-industry-is-driving- growth-301421389.html
Inflation is at a 31-year high. But these Mad Money mega trends can help you fight back.
Paysafe's (NYSE: PSFE) stock plummeted Thursday after the payment platform released sales and profit forecasts that were far below investors' expectations. As of 2:15 pm Eastern Time, Paysafe's share price has fallen by more than 40%. Paysafe's revenue fell 1% year-on-year to $353.6 million.
(Bloomberg)-Even after the blockbuster IP0 of rival electric car manufacturers, Elon Musk is not completely optimistic about the prospects of Rivian Motors. Post-apocalyptic food crisis Greece’s popular islands are overcrowded-are plastic prisons worth a second chance? Tesla CEO stated that he hopes Rivian will increase productivity and achieve breakthroughs in cash flow
The share prices of the three hottest stocks last year have fallen 49% to 57% from their recent highs. Let's go shopping together.
Analysts raised their price targets for Nvidia and reiterated a positive rating before the company announces quarterly earnings next week.
Rivian's debut on the public market allowed investors to buy shares of other electric vehicle industry start-ups.
The CEO of the electric car pioneer detailed his sales to the Securities and Exchange Commission. He exercised 2.2 million shares, sold some to pay income tax, and then sold 3.6 million shares.
Every stock has a background story, which provides hints and clues for future development. Smart investors will understand which clues or signals are most beneficial to the stock. These are to be followed. One kind of sound signal is insider buying. These insiders are company executives; they hold highly trusted and responsible positions in the company and are responsible to shareholders and the board of directors for the company's success and profits-they have a deep understanding of the company's internal operations and plans. exist
The stock prices of several related stocks are going higher today, which shows that investors are particularly optimistic about the prospects of the electric vehicle industry. Weilai (NYSE: NIO) rose 6.1%. Fisker (NYSE: FSR) rose 15.9%.
In this article, we will discuss the cheapest stocks in Warren Buffett's 13F portfolio. You can skip our detailed analysis of this billionaire hedge fund and go straight to Berkshire Hathaway's stock portfolio: 5 cheapest stocks. Warren Buffett currently serves as chairman and chief executive officer of Berkshire Hathaway, his hedge fund. [...]
On Monday, November 8, the stock price of Advanced Micro Devices (NASDAQ: AMD) rose by 10% after the chip maker announced that Facebook’s parent company Meta Platforms (NASDAQ: FB) has adopted Its EPYC server CPU (central processing unit). As investors cheered on the news, AMD’s stock price closed at a record high that day, which is not surprising, because in the long run, the new business may significantly promote the growth of this chip manufacturer. Let's see why it would be a big deal for Meta to adopt AMD's server chips.
It recently split its management infrastructure business into a company called Kyndryl (NYSE: KD), and removed a non-core business from its balance sheet. In addition, the management promised that the two companies will maintain the current combined dividend.
A group of Wall Street analysts subsequently lowered the target price of the stock, exacerbating today's pain. In the third quarter, Bumble's revenue was $200.5 million, an increase of 24% year-on-year, which actually exceeded management's previous guidance. According to The Fly report, due to the third quarter results, four analysts lowered the stock's target price.
The company's bottom line fell sharply in the third quarter, failing to meet analyst expectations.
Virgin Galactic (NYSE: SPCE) stock price plummeted on Thursday, falling nearly 5% throughout the trading day. After announcing the third-quarter results earlier this week, analysts made a series of downgrades on the stock of the space travel company. After these results were announced, several analysts quickly revised their views on Virgin Galactic stock.
Riot Blockchain Inc. (NASDAQ: RIOT) stock price rose on Thursday, after cryptocurrency mining stocks may have risen because Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are both rising today. "Investor Business Daily" also added the stock to its watch list. Riot Blockchain closed up 8.3% to 39.53 US dollars. Riot's daily chart analysis of the blockchain has been pushing the stock higher and has now reached the resistance level of what technical traders call an ascending triangle pattern. Price level of 40 dollars i
As of 11:30 am Eastern Time on Thursday, 3D printer manufacturer 3D Systems (NYSE: DDD) shares have plummeted 10.2%. The worse news is that 3D Systems can only blame itself. After the market closed last night, 3D Systems announced that it would provide $350 million worth of "convertible senior notes due in 2026" (ie new debt). If the underwriter exercises its over-allotment option, it could be as high as $402.5 million. Terrified the market. supply.
If the stock price is stable and the implied volatility declines, this kind of iron sculpture transaction on Nvidia stock may get a 35% return.
The plant-based company Beyond Meat failed to report earnings on Wednesday, causing its stock price to fall on Thursday. Brian Sozzi and Emily McCormick of Yahoo Finance discussed the details.
If we want to find a stock that can grow exponentially in the long term, what potential trends should we look for...