The Latin America, Middle East and Africa Machine Sensor Market would witness market growth of 10.5% CAGR during the forecast period (2023-2030).
The quality of life increased in emerging nations. Sales of luxury automobiles have benefited from the shift in customer tastes, which has raised the demand for superior goods. The installation of collision detection sensors in self-driving cars is becoming increasingly essential due to the rising demand for such vehicles. Additionally, this is anticipated to fuel market development.
One of the primary uses for proximity and displacement sensors is factory automation. The proximity sensor, used to detect objects and alert the processor to start a particular operation assigned to it, is an essential component of automation systems. The market for proximity sensors is driven by manufacturers' search for factory automation solutions as the best choice, particularly when strict quality standards and repeatable production processes are needed.
In the Middle East and North Africa, the Smart City Index 2021 placed Abu Dhabi and Dubai among the top cities. Dubai Plan 2021 also aims to transform Dubai into a smart, sustainable metropolis. Dubai's Smart City effort has adopted a transformation strategy for almost a thousand government tasks, emphasizing six core sectors: transportation, infrastructure, communications, urban planning, economic services, and power. In addition, by gradually implementing the most advanced technology and gadgets, the Middle East and Africa are setting the pace for smart city efforts. As a result, the growing number of smart city efforts would improve the acceptance and exploitation of contemporary technology. Additionally, this is anticipated to increase demand in the area, fueling market expansion.
The Brazil market dominated the LAMEA Machine Sensor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $534.7 million by 2029. The Argentina market is anticipated to grow at a CAGR of 11.1% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 10.2% during (2023 - 2030).
Based on Type, the market is segmented into Pressure Sensor, Temperature Sensor, Position Sensor, Force & Torque Sensor, Proximity Sensor, and Others. Based on Industry, the market is segmented into Manufacturing, Oil & Gas, Aerospace, Automotive, Healthcare, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Machine Sensor Market is Projected to reach USD 28.1 Billion by 2030, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Kyocera Corporation, Sensata Technologies Holdings PLC, Omron Corporation, Infineon Technologies AG, TE Connectivity Ltd., ATI Industrial Automation, Inc. (Novanta, Inc.), FUTEK Advanced Sensor Technology, Inc., Baumer Holding AG, and Tekscan, Inc. (Artemis Capital Partners).
Scope of the Study
Market Segments Covered in the Report:
By Type
- Pressure Sensor
- Temperature Sensor
- Position Sensor
- Force & Torque Sensor
- Proximity Sensor
- Others
By Industry
- Manufacturing
- Oil & Gas
- Aerospace
- Automotive
- Healthcare
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Kyocera Corporation
- Sensata Technologies Holdings PLC
- Omron Corporation
- Infineon Technologies AG
- TE Connectivity Ltd.
- ATI Industrial Automation, Inc. (Novanta, Inc.)
- FUTEK Advanced Sensor Technology, Inc.
- Baumer Holding AG
- Tekscan, Inc. (Artemis Capital Partners)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Machine Sensor Market, by Type
1.4.2 LAMEA Machine Sensor Market, by Industry
1.4.3 LAMEA Machine Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2022
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Mar – 2023, Mar) Leading Players
Chapter 4. LAMEA Machine Sensor Market by Type
4.1 LAMEA Pressure Sensor Market by Country
4.2 LAMEA Temperature Sensor Market by Country
4.3 LAMEA Position Sensor Market by Country
4.4 LAMEA Force & Torque Sensor Market by Country
4.5 LAMEA Proximity Sensor Market by Country
4.6 LAMEA Others Market by Country
Chapter 5. LAMEA Machine Sensor Market by Industry
5.1 LAMEA Manufacturing Market by Country
5.2 LAMEA Oil & Gas Market by Country
5.3 LAMEA Aerospace Market by Country
5.4 LAMEA Automotive Market by Country
5.5 LAMEA Healthcare Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Machine Sensor Market by Country
6.1 Brazil Machine Sensor Market
6.1.1 Brazil Machine Sensor Market by Type
6.1.2 Brazil Machine Sensor Market by Industry
6.2 Argentina Machine Sensor Market
6.2.1 Argentina Machine Sensor Market by Type
6.2.2 Argentina Machine Sensor Market by Industry
6.3 UAE Machine Sensor Market
6.3.1 UAE Machine Sensor Market by Type
6.3.2 UAE Machine Sensor Market by Industry
6.4 Saudi Arabia Machine Sensor Market
6.4.1 Saudi Arabia Machine Sensor Market by Type
6.4.2 Saudi Arabia Machine Sensor Market by Industry
6.5 South Africa Machine Sensor Market
6.5.1 South Africa Machine Sensor Market by Type
6.5.2 South Africa Machine Sensor Market by Industry
6.6 Nigeria Machine Sensor Market
6.6.1 Nigeria Machine Sensor Market by Type
6.6.2 Nigeria Machine Sensor Market by Industry
6.7 Rest of LAMEA Machine Sensor Market
6.7.1 Rest of LAMEA Machine Sensor Market by Type
6.7.2 Rest of LAMEA Machine Sensor Market by Industry
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Kyocera Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.5.4 Geographical Expansions:
7.3 Sensata Technologies Holdings PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Omron Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Infineon Technologies AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 TE Connectivity Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.5.2 Acquisition and Mergers:
7.6.5.3 Geographical Expansions:
7.6.6 SWOT Analysis
7.7 ATI Industrial Automation, Inc. (Novanta, Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 FUTEK Advanced Sensor Technology, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Baumer Holding AG
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Tekscan, Inc. (Artemis Capital Partners)
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Machine Sensor Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Machine Sensor Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Machine Sensor
TABLE 4 Product Launches And Product Expansions– Machine Sensor
TABLE 5 Acquisition and Mergers– Machine Sensor
TABLE 6 Acquisition and Mergers– Machine Sensor
TABLE 7 LAMEA Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 8 LAMEA Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 9 LAMEA Pressure Sensor Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Pressure Sensor Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Temperature Sensor Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Temperature Sensor Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Position Sensor Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Position Sensor Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Force & Torque Sensor Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Force & Torque Sensor Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Proximity Sensor Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Proximity Sensor Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 22 LAMEA Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 23 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Machine Sensor Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Machine Sensor Market by Country, 2023 - 2030, USD Million
TABLE 37 Brazil Machine Sensor Market, 2019 - 2022, USD Million
TABLE 38 Brazil Machine Sensor Market, 2023 - 2030, USD Million
TABLE 39 Brazil Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 40 Brazil Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 41 Brazil Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 42 Brazil Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 43 Argentina Machine Sensor Market, 2019 - 2022, USD Million
TABLE 44 Argentina Machine Sensor Market, 2023 - 2030, USD Million
TABLE 45 Argentina Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 46 Argentina Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 47 Argentina Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 48 Argentina Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 49 UAE Machine Sensor Market, 2019 - 2022, USD Million
TABLE 50 UAE Machine Sensor Market, 2023 - 2030, USD Million
TABLE 51 UAE Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 52 UAE Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 53 UAE Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 54 UAE Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Machine Sensor Market, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Machine Sensor Market, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 61 South Africa Machine Sensor Market, 2019 - 2022, USD Million
TABLE 62 South Africa Machine Sensor Market, 2023 - 2030, USD Million
TABLE 63 South Africa Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 64 South Africa Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 65 South Africa Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 66 South Africa Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 67 Nigeria Machine Sensor Market, 2019 - 2022, USD Million
TABLE 68 Nigeria Machine Sensor Market, 2023 - 2030, USD Million
TABLE 69 Nigeria Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 70 Nigeria Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 71 Nigeria Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 72 Nigeria Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 73 Rest of LAMEA Machine Sensor Market, 2019 - 2022, USD Million
TABLE 74 Rest of LAMEA Machine Sensor Market, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Machine Sensor Market by Type, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Machine Sensor Market by Type, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Machine Sensor Market by Industry, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Machine Sensor Market by Industry, 2023 - 2030, USD Million
TABLE 79 Key Information – Honeywell International, Inc.
TABLE 80 Key Information – Kyocera Corporation
TABLE 81 Key Information – Sensata Technologies Holdings PLC
TABLE 82 Key Information – Omron Corporation
TABLE 83 Key Information – Infineon Technologies AG
TABLE 84 Key information –TE Connectivity Ltd.
TABLE 85 Key Information – ATI Industrial Automation, Inc.
TABLE 86 Key Information – FUTEK Advanced Sensor Technology, Inc.
TABLE 87 key information – Baumer Holding AG
TABLE 88 Key Information – Tekscan, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2022
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2020, Mar – 2023, Mar) Leading Players
FIG 6 LAMEA Machine Sensor Market share by Type, 2022
FIG 7 LAMEA Machine Sensor Market share by Type, 2030
FIG 8 LAMEA Machine Sensor Market by Type, 2019 - 2030, USD Million
FIG 9 LAMEA Machine Sensor Market share by Industry, 2022
FIG 10 LAMEA Machine Sensor Market share by Industry, 2030
FIG 11 LAMEA Machine Sensor Market by Industry, 2019 - 2030, USD Million
FIG 12 LAMEA Machine Sensor Market share by Country, 2022
FIG 13 LAMEA Machine Sensor Market share by Country, 2030
FIG 14 LAMEA Machine Sensor Market by Country, 2019 - 2030, USD Million
FIG 15 Recent strategies and developments: Honeywell International, Inc.
FIG 16 Swot analysis: Honeywell international, inc
FIG 17 Recent strategies and developments: Kyocera Corporation
FIG 18 Recent strategies and developments: Sensata Technologies Holdings PLC
FIG 19 swot analysis: sensata technologies holdings plc
FIG 20 SWOT Analysis: Omron Corporation
FIG 21 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 22 Recent strategies and developments: TE Connectivity Ltd.
FIG 23 SWOT Analysis: TE Connectivity Ltd.
FIG 24 Recent strategies and developments: ATI Industrial Automation, Inc.