The global ultrasonic sensors market size reached US$ 5,408 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 9,425 Million by 2028, exhibiting a growth rate (CAGR) of 9.1% during 2023-2028.
An ultrasonic sensor refers to an electronic device that is utilized to measure the distance of a particular target object by emitting ultrasonic sound waves. These high-frequency sound waves are reflected from boundaries to produce a distinct echo pattern, which is further converted into an electrical signal. It utilizes a transducer to send and receive ultrasonic pulses that assist in offering information about an object’s proximity. As a result, these instruments are widely utilized for numerous applications across the automotive, healthcare, and food and beverages sector.
Ultrasonic Sensors Market Trends:
The global market is majorly driven by the increasing requirement for efficient object detection and distance measurement solutions from multiple end use sectors. Moreover, ultrasonic sensors are widely utilized in the food and beverages sector for material handling and hygiene detection. With the shifting dietary preferences of the masses and the growing awareness regarding food safety, there has been considerable growth in the food and beverages sector, which, in turn, has provided an impetus to the market growth. Apart from this, the escalating product demand in the manufacturing sector for liquid level control, box sorting scheme, robotic sensing and high-speed counting of objects on a conveyor belt is also acting as a major growth-inducing factor. The market is further driven by the increasing integration of advanced features, such as collision detection and parking assistance, with driverless cars. These sensors are extensively utilized for detecting the distance to a nearby obstacle in a precise manner, thereby avoiding the chances of collision or accidents. Besides this, the widespread usage of ultrasonic sensors for echocardiograms and echo graphs across the healthcare segment is also positively influencing the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ultrasonic sensors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, type and end user.
Breakup by Technology:
Breakup by Type:
Breakup by End User:
Aerospace and Defense
Food and Beverages
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Balluff Gmbh, Banner Engineering Corp., Baumer Holding AG, Blatek Industries Inc., Keyence Corporation, Murata Manufacturing Co. Ltd., Omron Corporation, Pepperl+Fuchs SE, Qualcomm Incorporated, Robert Bosch GmbH, Rockwell Automation Inc., Sick Holding Gmbh and TDK Corporation.
Key Questions Answered in This Report
1. What was the size of the global ultrasonic sensors market in 2022?
2. What is the expected growth rate of the global ultrasonic sensors market during 2023-2028?
3. What are the key factors driving the global ultrasonic sensors market?
4. What has been the impact of COVID-19 on the global ultrasonic sensors market?
5. What is the breakup of the global ultrasonic sensors market based on the technology?
6. What is the breakup of the global ultrasonic sensors market based on the type?
7. What is the breakup of the global ultrasonic sensors market based on the end user?
8. What are the key regions in the global ultrasonic sensors market?
9. Who are the key players/companies in the global ultrasonic sensors market?