Non Contact Sensors Market: North America Leads the Global Market till Decade End

HYDERABAD, India - July 6, 2016 - PRLog -- The Non-Contact sensors are sensors that detect position, speed, temperature, air quality and distance using non-contact technology.  These sensors are electronic devices which generate electromagnetic field or beam to detect any disturbance in that particular field. These sensors are used for various applications. There is high scope for the Non Contact Sensors Market in upcoming years.

Scope and Regional forecast of the Non Contact Sensors Market:

Proximity and flow sensors are forecasted to be the fastest growing product segment in non-contact sensors market. In the U.S., the growth of proximity sensor is increasing in commercial and healthcare sector as per the IndustryARC market analysis research report on the Non Contact Sensors Market.

North America is the leading region of the Non Contact Sensors Market which has high use of non-contact sensors in many industries and defense applications. The demand is continuously increasing due to application of these sensors in defense, aerospace, chemical processing and automotive vehicular production industries.

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Europe is the second leading region closely followed by Asia Pacific. Asia Pacific is expected to witness high growth in the Non Contact Sensors Market due to high use of sensors in automotive industry. These sensors are required to maintain safety in the vehicle, therefore, are used for applications such as wheel speed sensing systems, engine and transmission management.

Segmentation and key players in the Non Contact Sensors Market:

The Non Contact Sensors Market is segmented into various categories in the IndustryARC marketing research analysis report by sensor types, by industry verticals and by geography.

By sensor type: temperature, pressure, proximity, flow, ultrasonic, measurement and displacement, thickness, speed and others

By industry verticals: industrial, consumer electronics, automotive (transmission position, speed sensors, clutch position, engine actuators and EPAS steering position), healthcare, food and beverage, energy, defense and others

By geography: North America, South America, Europe, Asia Pacific and ROW

According to the IndustryARC market analysis studies, the key players in the Non Contact Sensors Market are as follows:

·         ABB Ltd. (Switzerland)

·         Eaton Corp. (U.S.)

·         Emerson Electric Co. (U.S.)

·         Ametek, Inc. (U.S.)

·         Bin Master Inc. (a subsidiary of Garner Industries, Inc. headquartered in U.S)

The Non Contact Sensors Market is a stable growing market with varied applications in many end user industries across the globe. This market is expected to witness healthy growth in industrial and defense applications and expected to generate good revenue in upcoming years.

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