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Ultrasonic sensors market growing at 15.37% CAGR by 2021 illuminated by new report

Industrial Market Research

The following companies as the key players in the global ultrasonic sensors market: Honeywell International, Siemens, Baumer, and Rockwell Automation. Other Prominent Vendors in the market are: Pepperl+Fuchs, Robert Bosch, OMRON, and SensComp.

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According to the ultrasonic sensors market report, one of the major drivers for this market is Growing demand for sensor technology in smart factories. The need for smart factories or automated factories has increased globally, and this trend will gain considerable traction during the forecast period.

Countries like China and Germany that are home to many manufacturing industries have started automating their existing factories to stay ahead of the competition. Automation enables better communication and precise coordination within factories.

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It also ensures flexibility in the underlying manufacturing processes.

Complete report on the Ultrasonic Sensors Market Research Report spread across 73 pages, profiling 8 companies with table of content is now available at…aspx?name=1142946 .

The latest trend gaining momentum in the market is advent of ultrasonic fingerprinting technology. The current fingerprinting sensor technology used in smartphones is two-dimensional, which means that t can be easily spoofed.

Hence, there is a need for developing a new ultrasonic sensor that will image the ridges and valleys on the finger surface as well as the tissue beneath in three dimensions. The development of this technology began in 2007 and was commercialized in 2013 by the spun off Chirp Microsystems, created by the team of Berkeley Sensor and Actuator Centre.

Further, the report states that one of the major factors hindering the growth of this market is Effect of temperature on sensors. The surrounding air temperature has a substantial impact on the measuring accuracy of ultrasonic sensors.

Air temperature can change the speed of sound by 0.17% per degree Kelvin. This affects the calculations of the ultrasonic sensor as it calculates the distance of the object using the speed of sound.

This challenge can be minimized by placing temperature probes on the sensor.
The sensor capacitance fluctuates greatly as the temperature changes due to the characteristics of the piezoelectric material. This is due to the difference in thermal expansion coefficients between the piezoelectric element and the casing.

For instance, Murata Manufacturing has minimized this temperature-dependent capacitance fluctuation by connecting a temperature compensating capacitor parallel to the piezoelectric element.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Global Ultrasonic Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

This report covers the present scenario and the growth prospects of the global ultrasonic sensors market for 2017-2021. To calculate the market size, the report considers the evenue generated from ultrasonic sensors only.

A sensor is a device that measures or responds to physical changes in the environment and converts signals accordingly. Sensors that use sound waves to measure distance or any obstacle between source and object are known as ultrasonic sensors.

The applications for ultrasonic sensors include measurement of the distance of target objects or materials through the air using non-contact technology. They are mostly used in places where manual detection is either risky or not possible.

It is used in sectors such as industrial manufacturing, healthcare, petroleum, and automotive.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                                               

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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