Global Non Contact Sensors Market Analysis and Forecast (2013 – 2018) 07/18/2013 | Page 9
SAMPLE GRAPH -1: Global Non-Contact Sensors Market, by Type (2013-2018)
6
Market in $Bn
5
4
2013
3
2018
2
1
0
Proximity
Temperature
Level
Flow
others
Source: IndustryARC Analysis
Non-contact sensors provide end users with high rate of accuracy in measurement, resistance to
contamination and provide authentic results. End users are now very aware of the vast
capabilities of the non-contact sensors. The research for more reliable and accurate sensors is
still continuing making the sensors smaller, cheaper and smarter making it very easy for the end
users to use them.
The market for proximity sensors alone is set to grow to $5.95bn by 2018 globally. This presents
a huge growth opportunity for proximity sensor providers who are looking for opportunities in
countries other than the U.S where the growth is almost stable in commercial and healthcare
segments. Developing countries like India are the high-growth regions ripe for capture in
commercial segment. Many players have already started cashing in on this opportunity.
This report on the global Non contact sensors market identifies many such insights and M&A
opportunities, besides providing a detailed analysis of the Non contact sensors services market.
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IndustryARC | 9