The Middle East and Africa proximity sensors market size is expected to expand at considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing demand for automobiles owing to rising purchasing power of population in emerging economies.
A proximity sensor is a device that enables the detection of adjacent objects without the requirement for physical touch. This sensor frequently produces an electromagnetic field or a photoelectric sensor and detects changes in the field and returns the signal. The entity being sensed is commonly referred to as the objective of the proximity sensor. Proximity sensor are used in various sensors. A capacitive proximity sensor or a photoelectric sensor can be appropriate for the use in the plastic industry, but an inductive proximity sensor is usually used in the industry that uses lot of metal in the product.
Some proximity sensors are sound with detecting items, while others are useful for determining various environmental conditions. Proximity sensors can be classified into several categories such as inductive proximity sensor, optical proximity sensor, capacitive proximity sensor, magnetic proximity sensor, and ultrasonic proximity sensor.
Market Trends, Drivers, Restraints and Opportunities
- Increasing adoption of security systems is estimated to propel the market during the projected period.
- Rising utilisation of temperature sensors in the pharmaceutical sector is expected to spur the market growth.
- High price of temperature sensors can hinder the market expansion.
- Lack of professional personnel is major problem that can affect the market development in the coming years.
- Growing penetration of latest technology in the consumer electronics industry can create lucrative opportunities for industry players.
Scope of the Report
The report on the Middle East and Africa proximity sensors market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Proximity Sensors Market - Middle East and Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Technology (Photoelectric, Magnetic, Inductive, and Capacitive), End-user Verticals (Consumer Electronics, Food & Beverage, Automotive, Aerospace & Defense, and Others),
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Geographical Scope
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South Africa, Saudi Arabia, United Arab Emirates and Rest of Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Rockwell Automation Inc.; Delta Electronics Inc.; Datalogic SpA; STMicroectronics NV; Sick AG; and Others
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Middle East and Africa Proximity Sensors Market Segment Insights
Photoelectric segment is projected to expand at a considerable CAGR.
On the basis of technology, the market is segregated into photoelectric, magnetic, inductive and capacitive. The photoelectric segment is projected to expand at a considerable CAGR during the forecast period. Moving objects can capture photo by infrared temperature sensors in less than one sec. On the other hand, the magnetic segment is anticipated to account for a major market share during the forecast period. Proximity sensors are used as data gathering devices in the automation industry, providing required information to processors in the form of specific system parameters.
Consumer electronics segment is anticipated to register a high CAGR.
Based on end-user verticals, the Middle East and Africa proximity sensors market is categorized as consumer electronics, industrial, food and beverage, and automotive. The consumer electronics segment is anticipated to register a high CAGR during the forecast period. Electronic devices are widely adopted all around the world. Rising penetration of smartphones, smartwatches, and fitness bands in the Middle East is propelling the segment growth.
Saudi Arabia is anticipated to constitute a key market share.
In terms of geography, the market is categorized as South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa. The market of Saudi Arabia is expected to constitute a key share of the market during the projected period. Saudi Arabia dominated the major share of the market in 2020 due to presence of major manufacturers in the region, making significant investments in the research and development of temperature sensors. However, the market of South Africa anticipated to expand at a rapid pace during the forecast period. Increasing demand for proximity sensors in automobile production facilities is driving the market growth in the country.
Segments
Segments Covered in the Report
The middle east and Africa proximity sensors market has been segmented on the basis of
Technology
- Photoelectric
- Magnetic
- Inductive
- Capacitive
End-user Verticals
- Consumer Electronics
- Food & Beverage
- Automotive
- Aerospace & Defence
- Others
Geography
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Key players
- Rockwell Automation Inc.
- Delta Electronics Inc.
- Datalogic SpA
- STMicroectronics NV
- Sick AG
Competitive Landscape
The market is very competitive in nature owing to the presence of many major players. Some of the major players competing in the middle east and Africa proximity sensors market are Rockwell Automation Inc.; Delta Electronics Inc.; Datalogic SpA; STMicroectronics NV; Sick AG, and others.
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