#Ultrasonic #Sensors #Market #Size #expected #reach #USD
TOKYO, Oct. 04, 2022 (GLOBE NEWSWIRE) — The Global Ultrasonic Sensors Market Size accounted for USD 6,799 Million in 2021 and is estimated to achieve a market size of USD 13,689 Million by 2030 growing at a CAGR of 8.3% from 2022 to 2030.
Ultrasonic Sensors Market Statistics
- Global ultrasonic sensors market revenue was worth USD 6,799 million in 2021, with a 8.3% CAGR from 2022 to 2030
- North America region has captured a major revenue share of 31% in 2021
- Asia-Pacific region is projected to expand at a CAGR of 9% from 2022 to 2030
- By technology, retro-reflective sensor segment has contributed 40% of ultrasonic sensors market share 2021
- Among type, level measurement segment is poised to witness 10% growth rate over the forecasting years
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Scleroderma Therapeutics Market Report Coverage:
| Market | Ultrasonic Sensors Market | |
| Ultrasonic Sensors Market Size 2021 | USD 6,799 Million | |
| Ultrasonic Sensors Market Forecast 2030 | USD 13,689 Million | |
| Ultrasonic Sensors Market CAGR During 2022 – 2030 | 8.3% | |
| Ultrasonic Sensors Market Analysis Period | 2018 – 2030 | |
| Ultrasonic Sensors Market Base Year | 2021 | |
| Ultrasonic Sensors Market Forecast Data | 2022 – 2030 | |
| Segments Covered | By Technology, By Type, By End-Use, And By Geography | |
| Ultrasonic Sensors Market Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa | |
| Key Companies Profiled | Balluff Inc., Ifm electronic GmbH, Banner Engineering Corp., Sick AG, Baumer, Murata Manufacturing Co., Ltd., The Turck Group, Pepperl+Fuchs SE, and Siemens AG. | |
| Report Coverage | Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis | |
Ultrasonic Sensors Market Overview
Ultrasonic sensors are applied in a wide range of applications and sectors, including object identification, object tracking, liquid level measurement, as well as anti-collision detection. These gadgets have been modified with an ultrasonic sensor…
Read on GNW: Ultrasonic Sensors Market Size is expected to reach at USD
