Global Non Contact Sensors Market Analysis and Forecast (2013 – 2018) 07/18/2013 | Page 10

MARKET - TRENDS
The Global Non Contact Sensors Market is extensively analyzed by the Analysts in the company.
The market has been researched and segmented at various levels like temperature, pressure,
proximity, and flow and ultrasonic. The end user verticals segmentation goes like automotive,
consumer electronics, food and beverage, industrial and defense.
 The global temperature sensor market had revenues of around $3.8bn in 2013 and is
expected to reach $5.1bn in 2018.
 Proximity and flow sensors are expected to be the fastest growing product segments in
this market.
 Ultrasonic non contact sensors with teach-in technology are booming as they are easy to
install and use.
 Companies like Capacitec which deal with measurement and displacement non contact
sensors are experimenting extensively to make gaps thinner, making the sensors immune
to higher temperatures and extreme environments.
 Speed sensors with non-contacting Hall-Effect technology and magneto resistive
technology are trending in the market in 2013.

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