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Report overview
The global Automotive Ultrasonic Position Sensor market was valued at US$ 87 million in 2022 and is projected to reach US$ 109.4 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Ultrasonic Position Sensor (also called Ultrasonic Sensor) is a device that can measure the distance to an object by using sound waves. It measures distance by sending out a sound wave at a specific frequency and listening for that sound wave to bounce back. By recording the elapsed time between the sound wave being generated and the sound wave bouncing back, it is possible to calculate the distance between the sonar sensor and the object.
This report aims to provide a comprehensive presentation of the global market for Automotive Ultrasonic Position Sensor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Ultrasonic Position Sensor. This report contains market size and forecasts of Automotive Ultrasonic Position Sensor in global, including the following market information:
Global Ultrasonic Position Sensor main players are PEPPERL+FUCHS, Schneider Electric, Microsonic, Sick AG, etc. Global top four manufacturers hold a share over 65%. Europe is the largest market, with a share nearly 65%.
We surveyed the Automotive Ultrasonic Position Sensor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Ultrasonic Position Sensor Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Automotive Ultrasonic Position Sensor Market Segment Percentages, by Type, 2022 (%)
Global Automotive Ultrasonic Position Sensor Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Automotive Ultrasonic Position Sensor Market Segment Percentages, by Application, 2022 (%)
Global Automotive Ultrasonic Position Sensor Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Automotive Ultrasonic Position Sensor Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Ultrasonic Position Sensor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Ultrasonic Position Sensor revenues share in global market, 2022 (%)
Key companies Automotive Ultrasonic Position Sensor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Ultrasonic Position Sensor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: