Global Non Contact Sensors Market Analysis and Forecast (2013 – 2018) 07/18/2013 | Page 8

REPORT DESCRIPTION
Non-contact sensors detect changes in light or an electromagnetic field in a radius. There are
different types of sensors like temperature, proximity etc. These sensors need to come in contact
with the measuring surface, field for registering values and are hence more reliable, easy to use
and install in different products. In the global sensor market there has been an increase in
demand towards non-contact sensing technologies and also in the end user markets such as
industrial, automotive, commercial healthcare and others. Technological advancements are
making consumers seek more accurate, reliable and durable sensors.
The Global Non Contact Sensors Equipment and Services Market is slated to grow at 6.5%
CAGR year on year for the next five years. The market is estimated to cross $21bn by 2018.

SAMPLE TABLE 1: GLOBAL NON-CONTACT SENSOR MARKE, BY TYPE (2013-2018)
TYPE

2013
$Bn

2015

2017

2018
$Bn

CAGR
(%)2013-2018

Proximity

4.43

xx

xx

xx

xx

Temperature

3.80

xx

xx

5.10

xx

Level

3.48

xx

xx

xx

xx

Flow

2.73

xx

xx

3.82

xx

others

1.21

xx

xx

xx

xx

Total

15.65

xx

xx

21.25

6.5

Source: IndustryARC Analysis

The demand for Non contact sensors is growing at a steady pace across the globe. Although
contact sensors are cheaper, the market is inclining towards non-contact sensors because they
are more durable and technology advancements are helping the sensors give measurements
accurately. The contact sensors are not as durable compared to non-contact sensors as they wear
out in a very short time.

IndustryARC | 8