Europe Ultrasonic Sensor Market to 2027 - Regional Analysis and Forecasts by Type (Proximity Sensors, Retro- Reflective Sensors, Through Beam Sensors, Others); Application (Liquid Level Detection, Production Line, Distance Measurement, Others); Industry Vertical (Automotive, Food & Beverages, Medical, Oil & Gas, Industrial, and Others)

Abstract
Europe Ultrasonic Sensor Market to 2027 - By: Type (Proximity Sensors, Retro- Reflective Sensors, Through Beam Sensors, Others); Application (Liquid Level Detection, Production Line, Distance Measurement, Others); Industry Vertical (Automotive, Food & Beverages, Medical, Oil & Gas, Industrial, and Others); and Country

Ultrasonic sensor market in Europe is expected to grow from US$ 1.44 Bn in 2018 to US$ 2.78 Bn by the year 2027. This represents a CAGR of 7.6% from the year 2019 to 2027. The rising adoption of automation in diverse industries is one of the major drivers for the growth of the ultrasonic sensor market. However, the adoption of substitute sensors with higher efficiency might hinder the growth of ultrasonic sensor market. Despite of this, the increasing popularity of autonomous vehicles is anticipated to be opportunistic for the ultrasonic sensor market. The penetration of industrial automation is now gaining pace in these industries. With the increasing functionality of equipment such as industrial robots, this adoption is further anticipated to accelerate in the years to come. The overall growth of the industrial sector is attributed to the growing necessity of modernization and transformation in these markets. The emergence of industry 4.0 is also stimulating the growth of the Europe ultrasonic sensors market. Within industries, there is a prompt need accurately to monitor production processes, and sensors assist the plant operators in the same. Pepperl+Fuchs provides “Sensorik4.0 for industrial applications, this in turn has led to increased adoption of ultrasonic sensors in various industries.

The ultrasonic sensor market is fragmented in nature due to the presence of several end-users, and the competitive dynamics in the market are anticipated to change during the coming years. In addition to this, various initiatives are undertaken by governmental bodies to accelerate the ultrasonic sensor market further. EU initiatives for automotive industry such as European Green vehciles initiative and programs on “road Transport”, “ICT for smart mobility”, “Factories of the Future” and “Logistics” might support the growing demand for ultrasonic sensors in the region.

The ultrasonic sensor market by type is segmented into the proximity sensors, retro- reflective sensors, through beam sensors, others. The through beam sensors segment holds a significant share of the ultrasonic sensor market and is anticipated to continue its dominance during the forecast period. The ultrasonic through beam sensor exhibits the feature of a powerful acoustic beam. This sensor provides a large detection range within a compact housing dimensions. Contrasting with diffuse and retro-reflective models, the through beam sensors doesn’t switch between transmission and reception modes continuously, instead it waits for an echo signal to come. Therefore, their response time is comparatively faster, which results in high switching frequencies.

The overall Europe ultrasonic sensor market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe ultrasonic sensor market. It also provides an overview and forecast for the Europe ultrasonic sensor market based on all the segmentation provided with respect to the Europe region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe ultrasonic sensor industry. Some of the players present in the ultrasonic sensor market are Balluff Inc., Baumer Group, Honeywell International, Inc., Keyence Corporation, Migatron Corporation, Murata Manufacturing Co. Ltd, Omron Corporation, Pepperl+Fuchs AG, Rockwell Automation, Inc., Siemens AG, among others.

Content
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Ultrasonic Sensor Market - By Type
1.3.2 Europe Ultrasonic Sensor Market - By Application
1.3.3 Europe Ultrasonic Sensor Market - By Industry Vertical
1.3.4 Europe Ultrasonic Sensor Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Ultrasonic Sensor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Ultrasonic Sensor Market - Key Market Dynamics
5.1 Key Drivers
5.1.1 Rising adoption of automation in diverse industries
5.2 Key Restraints
5.2.1 Adoption of substitute sensors with higher efficiency might hinder the growth of ultrasonic sensor market
5.3 Key Opportunities
5.3.1 Increasing popularity of autonomous vehicles
5.4 Future Trends
5.4.1 Applications of ultrasonic sensors in agriculture sector
5.5 Impact Analysis of Drivers and Restraints
6. Ultrasonic Sensor Market - Europe Market Analysis
6.1 Overview
6.2 Europe Ultrasonic Sensor Market Revenue and Forecasts To 2027 (US$ Mn)
7. Europe Ultrasonic Sensor Market Analysis - By Type
7.1 Overview
7.2 Ultrasonic Sensor Market Breakdown, By Type, 2018 & 2027
7.3 Proximity Sensors
7.3.1 Overview
7.3.2 Proximity Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Retro- Reflective Sensors
7.4.1 Overview
7.4.2 Retro-Reflective Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Through Beam Sensors
7.5.1 Overview
7.5.2 Through Beam Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Forecast and Analysis
8. Europe Ultrasonic Sensor Market Analysis - By Application
8.1 Overview
8.2 Ultrasonic Sensor Market Breakdown, By Application, 2018 & 2027
8.3 Liquid Level Detection
8.3.1 Overview
8.3.2 Liquid Level Detection Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Production Line
8.4.1 Overview
8.4.2 Production Line Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Distance Measurement
8.5.1 Overview
8.5.2 Distance Measurement Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. Europe Ultrasonic Sensor Market Analysis - By Industry Vertical
9.1 Overview
9.2 Europe Ultrasonic Sensor Market Breakdown, By Industry Vertical, 2018 & 2027
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage Market Forecast and Analysis
9.4 Medical
9.4.1 Overview
9.4.2 Medical Market Forecast and Analysis
9.5 Automotive
9.5.1 Overview
9.5.2 Automotive Market Forecast and Analysis
9.6 Oil & Gas
9.6.1 Overview
9.6.2 Oil & Gas Market Forecast and Analysis
9.7 Industrial
9.7.1 Overview
9.7.2 Industrial Market Forecast and Analysis
9.8 Others
9.8.1 Overview
9.8.2 Others Market Forecast and Analysis
10. Europe Ultrasonic Sensor Market - Country Analysis
10.1.1 Europe Ultrasonic Sensor Market Breakdown, By Key Country
10.1.1.1 Germany Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 Germany Ultrasonic Sensor Market Breakdown, By Type
10.1.1.1.2 Germany Ultrasonic Sensor Market Breakdown, By Application
10.1.1.1.3 Germany Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.2 France Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 France Ultrasonic Sensor Market Breakdown, By Type
10.1.1.2.2 France Ultrasonic Sensor Market Breakdown, By Application
10.1.1.2.3 France Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.3 Italy Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Italy Ultrasonic Sensor Market Breakdown, By Type
10.1.1.3.2 Italy Ultrasonic Sensor Market Breakdown, By Application
10.1.1.3.3 Italy Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.4 UK Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1 UK Ultrasonic Sensor Market Breakdown, By Type
10.1.1.4.2 UK Ultrasonic Sensor Market Breakdown, By Application
10.1.1.4.3 UK Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.5 Russia Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1 Russia Ultrasonic Sensor Market Breakdown, By Type
10.1.1.5.2 Russia Ultrasonic Sensor Market Breakdown, By Application
10.1.1.5.3 Russia Ultrasonic Sensor Market Breakdown, By Industry Vertical
10.1.1.6 Rest of Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.6.1 Rest of Europe Ultrasonic Sensor Market Breakdown, By Type
10.1.1.6.2 Rest of Europe Ultrasonic Sensor Market Breakdown, By Application
10.1.1.6.3 Rest of Europe Ultrasonic Sensor Market Breakdown, By Industry Vertical
11. Ultrasonic Sensor Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Baumer Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Balluff GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Robert Bosch GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Honeywell International Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Keyence Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Murata Manufacturing Co., Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Product and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Omron Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Pepperl+Fuchs AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Rockwell Automation, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Siemens AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary

LIST OF TABLES
Table 1. Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 3. Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 4. Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 5. Germany Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 6. Germany Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 7. Germany Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 8. France Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 9. France Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 10. France Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 11. Italy Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 12. Italy Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 13. Italy Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 14. UK Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 15. UK Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 16. UK Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 17. Russia Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 18. Russia Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 19. Russia Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 20. Rest of Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 21. Rest of Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 22. Rest of Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 - By Industry Vertical (US$ Mn)
Table 23. Glossary of Terms, Ultrasonic Sensor Market

LIST OF FIGURES
Figure 1. Europe Ultrasonic Sensor Market Segmentation
Figure 2. Europe Ultrasonic Sensor Market Segmentation - Country
Figure 3. Europe Ultrasonic Sensor Market Overview
Figure 4. Through beam sensors type held the largest share in Europe ultrasonic sensor market in 2018
Figure 5. Production line application segment held the largest share in Europe ultrasonic sensor market in 2018
Figure 6. Industrial segment represented the largest share in Europe ultrasonic sensor market in 2018
Figure 7. Europe Ultrasonic Sensor Market, Industry Landscape
Figure 8. Europe PEST Analysis
Figure 9. Ultrasonic Sensor Market- Ecosystem Analysis
Figure 10. Europe Ultrasonic Sensor Market Driver and Restraints - Impact Analysis
Figure 11. Europe Ultrasonic Sensor Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 12. Europe Ultrasonic Sensor Market Breakdown, By Type, 2018 & 2027 (%)
Figure 13. Europe Proximity Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Europe Retro-Reflective Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Europe Through Beam Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Europe Ultrasonic Sensor Market Breakdown, By Application, 2018 & 2027 (%)
Figure 18. Europe Liquid Level Detection Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Europe Production Line Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Europe Distance Measurement Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Europe Ultrasonic Sensor Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 23. Europe Food and Beverage Market Revenue And Forecasts To 2027(US$ Mn)
Figure 24. Europe Medical Market Revenue And Forecasts To 2027(US$ Mn)
Figure 25. Europe Automotive Market Revenue And Forecasts To 2027(US$ Mn)
Figure 26. Europe Oil & Gas Market Revenue And Forecasts To 2027(US$ Mn)
Figure 27. Europe Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Europe Ultrasonic Sensor Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 30. Germany Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. France Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. Italy Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 33. UK Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. Russia Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 35. Rest of Europe Ultrasonic Sensor Market Revenue and Forecasts to 2027 (US$ Mn)