Global Non-Optical Sensors Market Size Size By Product, By Application, By Geographic Scope And Forecast

Non-Optical Sensors Market Size And Forecast

Non-Optical Sensors Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.

Various factors are driving the growth of the Non-Optical Sensors Market, wide applications of non-optical sensors in industries such as automotive, electronics consumers, chemicals, oil and gas, and defense. In addition, advancements in technology such as the miniaturization of sensors is boosting the demand of Non-Optical Sensors.

Global Non-Optical Sensors Market Definition

A sensor is a device that is used to measure or respond to physical changes in the environment and converts the signals. In the case of magnetic field sensors, magnetic fields are used to sense the change in the environment. Non-optical sensors measure forms of mechanical stress over the objects and they do not use light as a medium. Basically optical sensors include magnetic sensors, pressure sensors, inertial sensors, temperature sensors, and many others. Inertial sensors are consisting of accelerometers and gyroscopes.

Accelerometers are prominently used in the automotive sector but also have applications in gaming peripherals such as tennis swing stimulators, rotational sensors in smartphones, and GPS navigational aids. Non-Optical Sensors have wide use in various industries such as automotive, consumer electronics, chemical, oil and gas industries, defense, and many others. Non-optical pressure sensors are consisting of piezo-resistive electromagnetic, resonant solid state, and capacitive.

Global Non-Optical Sensors Market Overview

The major factor that is fueling the growth of Non-Optical Sensors is the demand for distributed temperature sensors (DTS) that can be used to record temperature continuously. as DTS possess high accuracy in determining temperature over long distances and also have several advantages such as cost-effectiveness, immunity to shock and vibrations, and minimizing uncertainty. Furthermore, their miniature size makes it easy to fix them into pipes and ducts, thus their applications are boosting the market growth of Non-Optical Sensors nowadays.

Moreover, with the need for quality control and quality assurance of food products and beverages, manufactures has to maintain optimal temperature, thus it will increase the demand for temperature sensor which in turn, fuel the Non-Optical Sensors market. In addition, the oil and gas industry also possesses temperature sensors in reading the temperature of machine drills to eliminate the possibility of machine overheating due to high temperatures. On the contrary, the pressure segment is facing challenges from competitive optical pressure sensors. Nonetheless, in the coming years, the emergence of MEMS sensors will expect to boost the market due to the increasing demand for miniature sensors among end users.

Global Non-Optical Sensors Market Segmentation Analysis

The Global Non-Optical Sensors Market is segmented based on Product, Application, and Geography.

Non-Optical Sensors Market by Product

• Temperature sensors
• Pressure sensors
• Magnetic field sensors
• Inertial sensors

Based on Product, Non-Optical Sensors Market is segmented into, Temperature sensors, Pressure sensors, Magnetic field sensors and inertial sensors. Among these segments temperature sensor segment is expected to holds the largest market share by contact type sensors such as thermocouples and R&D but another sub segment, non-contact temperature sensing technology is still having wide chance to grow in coming years.

Non-Optical Sensors Market by Application

• Automotive
• Consumer electronics
• Chemical
• Defense
• Industrial
• Others

Based on Application, Non-Optical Sensors Market is segmented into Automotive, Consumer electronics, Chemical, Defense, Industrial and Others.

Non-Optical Sensors Market by Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of regional analysis, the Global Non-Optical Sensors Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The largest share in the market will be dominated by North America due to surge in automotive sales and stringent regulation in the region such as mandatory implementation of tire pressure monitors ad electronic stability control systems. Whereas, Asia-Pacific is expected to grow at fastest pace as automotive sector in the region is experiencing significant growth in the region.

Key Players In Non-Optical Sensors Market

The “Global Non-Optical Sensors Market” study report will provide a valuable insight with an emphasis on the global market.  The major players in the market are ABB, Analog Devices, Delphi Automotive, Emerson, General Electric, Melexis Microelectronic Integrated Systems, MEMSI, Maxim Integrated, Schneider Electric, Siemens, Allegro MicroSystems, Infineon Technologies, Micronas Semiconductor, Robert Bosch, Honeywell. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. 

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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