North America Ultrasonic Sensor Market Trends, Size, Segment and Growth by
Forecast to 2030

Ultrasonic sensor market in North America is expected to grow from US$ 1.16 Bn in 2018
to US$ 2.20 Bn by the year 2027. This represents a CAGR of 7.3% from the year
2019 to 2027.  

The ultrasonic sensors measure distance through ultrasonic
waves. The sensor head releases an ultrasonic wave and accepts the wave
reflected from a target. These sensors measure the distance to the target by
calculating the time between emission and reception. The ultrasonic sensors are
broadly used in diverse industries, including food & beverage, chemical,
medical, automotive, agriculture, process, wastewater management, and more.
These sensors have their application in a conveyor belt, smart parking, vehicle
detection for car washes, pallet detection with forklifts, diagnosis, liquid
level sensing, trash level monitoring, production lines, and others. Some of
the prominent benefits of ultrasonic processing technology include process
intensification, low power consumption, low cost of processing,
operator-friendliness, simple adaptability to specific applications, and
environmental safeness that makes ultrasonication a technique for the reliable
product quality with better outcomes. Owing to an increase in integrating
automation into manufacturing and other industries, the use of industry 4.0 is
contributing heavily towards the growth of the ultrasonic sensor market.


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Moreover, the use of sensors in autonomous vehicles and other vehicles with
ADAS features to measure the range during parking is giving other opportunities
to the automotive industry for growth. On the contrary, the availability of
substitute products such as an optical sensor for measuring distance might act
as an obstacle in the growth of the ultrasonic sensor market.

Currently, the US is dominating the ultrasonic sensor market in terms of
installation, which in turn boosts the demand for the ultrasonic sensor market
in the region. The country has a strong manufacturing sector, which accounts
for ~11.15% of the GDP. Some of the significant US-based manufacturers include
Exxon Mobil Corp, Apple, Inc., General Motors Co., and Chevron Corp, among
others. The companies in the country are focusing on improving performance.
They are moving towards new technologies such as AI, IIoT, machine-to-machine
digital connectivity, and advanced automation, among others. Since the demand
for ultrasonic sensors is high in the automotive and manufacturing sector, the
presence of manufacturing and automotive giants in the country is expected to
support the growth of the ultrasonic sensor market. The figure given below
highlights the revenue share of Mexico in the North America ultrasonic sensor
market in the forecast period:


North America Ultrasonic Sensor Strategic Insights

Strategic insights for the North America Ultrasonic Sensor
provides data-driven analysis of the industry landscape, including current
trends, key players, and regional nuances. These insights offer actionable
recommendations, enabling readers to differentiate themselves from competitors
by identifying untapped segments or developing unique value propositions.
Leveraging data analytics, these insights help industry players anticipate the
market shifts, whether investors, manufacturers, or other stakeholders. A
future-oriented perspective is essential, helping stakeholders anticipate
market shifts and position themselves for long-term success in this dynamic
region. Ultimately, effective strategic insights empower readers to make
informed decisions that drive profitability and achieve their business
objectives within the market.

Market leaders and key company profiles
  Balluff Inc.

  Baumer Group

  Honeywell
International, Inc.

  Migatron
Corporation

  Keyence Corporation

  Murata
Manufacturing Co. Ltd.

  Omron Corporation

  Pepperl+Fuchs AG

  Rockwell
Automation, Inc.

  Siemens AG

North America Ultrasonic Sensor Regional Insights

The geographic scope of the North America Ultrasonic Sensor
refers to the specific areas in which a business operates and competes.
Understanding local distinctions, such as diverse consumer preferences (e.g.,
demand for specific plug types or battery backup durations), varying economic
conditions, and regulatory environments, is crucial for tailoring strategies to
specific markets. Businesses can expand their reach by identifying underserved
areas or adapting their offerings to meet local demands. A clear market focus
allows for more effective resource allocation, targeted marketing campaigns,
and better positioning against local competitors, ultimately driving growth in
those targeted areas.

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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights