The North America Ultrasonic Position Sensor Market would witness market growth of 3.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Ultrasonic Position Sensor Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $29,724.8 Thousand by 2031. The Canada market is experiencing a CAGR of 3.4% during (2024 - 2031). Additionally, The Mexico market would witness a CAGR of 4.1% during (2024 - 2031).
Ultrasonic position sensors determine the distance between the object and the sensor. They work on the principle of sending out ultrasonic pulses and then measuring the time it takes for these pulses to bounce back after hitting an object. By calculating the time taken for the signal to return, the sensor can accurately determine the distance to the object. Widespread applications for these sensors include position sensing, object detection, level measurement, and distance monitoring across numerous industries.
In automotive systems, they can be found in parking assistance, collision avoidance, and automatic braking systems. In industrial settings, they are used for material handling, robotics, and automation processes where precise distance measurements are crucial. The ultrasonic position sensor market has witnessed remarkable growth over recent years, propelled by the expanding adoption of advanced technologies across various industries. These sensors emit ultrasonic waves and measure the time it takes for the echoes to return. They are known for their precision and reliability in detecting objects, measuring distances, and gauging levels.
Mexico's expanding automotive manufacturing industry significantly drives the demand for ultrasonic position sensors. As one of the largest vehicle producers in North America, Mexico's automotive sector is increasingly adopting advanced automation technologies to enhance production efficiency and maintain competitiveness. The Mexican government has also promoted industrial growth through various incentives and reforms, encouraging using advanced sensor technologies in manufacturing processes. The increasing export of vehicles and automotive parts necessitates high precision and quality control, which ultrasonic sensors provide. Hence, with ongoing advancements in sensor technology and increasing demand for automation and safety solutions, the market is poised for further growth and innovation in the coming years.
Free Valuable Insights: The Ultrasonic Position Sensor Market is Predict to reach USD 127.5 Million by 2031, at a CAGR of 3.3%
Based on Range, the market is segmented into Medium, Short, and Long. Based on Application, the market is segmented into Automotive, Industrial, Healthcare, Consumer Electronics, Food & Beverages, Aerospace & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Rockwell Automation, Inc.
- Omron Corporation
- Balluff GmbH
- Baumer Holding AG
- Honeywell International, Inc.
- Murata Manufacturing Co., Ltd.
- Banner Engineering Corporation
- Hans Turck GmbH & Co. KG
- Pepperl + Fuchs Group
- Sick AG
North America Ultrasonic Position Sensor Market Report Segmentation
By Range
By Application
- Automotive
- Industrial
- Healthcare
- Consumer Electronics
- Food & Beverages
- Aerospace & Defense
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Ultrasonic Position Sensor Market, by Range
1.4.2 North America Ultrasonic Position Sensor Market, by Application
1.4.3 North America Ultrasonic Position Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Ultrasonic Position Sensor Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Ultrasonic Position Sensor Market, by Range
5.1 North America Medium Market, by Country
5.2 North America Short Market, by Country
5.3 North America Long Market, by Country
Chapter 6. North America Ultrasonic Position Sensor Market, by Application
6.1 North America Automotive Market, by Country
6.2 North America Industrial Market, by Country
6.3 North America Healthcare Market, by Country
6.4 North America Consumer Electronics Market, by Country
6.5 North America Food & Beverages Market, by Country
6.6 North America Aerospace & Defense Market, by Country
6.7 North America Others Market, by Country
Chapter 7. North America Ultrasonic Position Sensor Market, by Country
7.1 US Ultrasonic Position Sensor Market
7.1.1 US Ultrasonic Position Sensor Market, by Range
7.1.2 US Ultrasonic Position Sensor Market, by Application
7.2 Canada Ultrasonic Position Sensor Market
7.2.1 Canada Ultrasonic Position Sensor Market, by Range
7.2.2 Canada Ultrasonic Position Sensor Market, by Application
7.3 Mexico Ultrasonic Position Sensor Market
7.3.1 Mexico Ultrasonic Position Sensor Market, by Range
7.3.2 Mexico Ultrasonic Position Sensor Market, by Application
7.4 Rest of North America Ultrasonic Position Sensor Market
7.4.1 Rest of North America Ultrasonic Position Sensor Market, by Range
7.4.2 Rest of North America Ultrasonic Position Sensor Market, by Application
Chapter 8. Company Profiles
8.1 Rockwell Automation, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Omron Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Balluff GmbH
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Baumer Holding AG
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.4.1 Acquisitions and Mergers:
8.5.5 SWOT Analysis
8.6 Murata Manufacturing Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.7 Banner Engineering Corporation
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Hans Turck GmbH & Co. KG
8.8.1 Company Overview
8.9 Pepperl + Fuchs Group
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Sick AG
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
TABLE 1 North America Ultrasonic Position Sensor Market, 2020 - 2023, USD Thousand
TABLE 2 North America Ultrasonic Position Sensor Market, 2024 - 2031, USD Thousand
TABLE 3 North America Ultrasonic Position Sensor Market, by Range, 2020 - 2023, USD Thousand
TABLE 4 North America Ultrasonic Position Sensor Market, by Range, 2024 - 2031, USD Thousand
TABLE 5 North America Medium Market, by Country, 2020 - 2023, USD Thousand
TABLE 6 North America Medium Market, by Country, 2024 - 2031, USD Thousand
TABLE 7 North America Short Market, by Country, 2020 - 2023, USD Thousand
TABLE 8 North America Short Market, by Country, 2024 - 2031, USD Thousand
TABLE 9 North America Long Market, by Country, 2020 - 2023, USD Thousand
TABLE 10 North America Long Market, by Country, 2024 - 2031, USD Thousand
TABLE 11 North America Ultrasonic Position Sensor Market, by Application, 2020 - 2023, USD Thousand
TABLE 12 North America Ultrasonic Position Sensor Market, by Application, 2024 - 2031, USD Thousand
TABLE 13 North America Automotive Market, by Country, 2020 - 2023, USD Thousand
TABLE 14 North America Automotive Market, by Country, 2024 - 2031, USD Thousand
TABLE 15 North America Industrial Market, by Country, 2020 - 2023, USD Thousand
TABLE 16 North America Industrial Market, by Country, 2024 - 2031, USD Thousand
TABLE 17 North America Healthcare Market, by Country, 2020 - 2023, USD Thousand
TABLE 18 North America Healthcare Market, by Country, 2024 - 2031, USD Thousand
TABLE 19 North America Consumer Electronics Market, by Country, 2020 - 2023, USD Thousand
TABLE 20 North America Consumer Electronics Market, by Country, 2024 - 2031, USD Thousand
TABLE 21 North America Food & Beverages Market, by Country, 2020 - 2023, USD Thousand
TABLE 22 North America Food & Beverages Market, by Country, 2024 - 2031, USD Thousand
TABLE 23 North America Aerospace & Defense Market, by Country, 2020 - 2023, USD Thousand
TABLE 24 North America Aerospace & Defense Market, by Country, 2024 - 2031, USD Thousand
TABLE 25 North America Others Market, by Country, 2020 - 2023, USD Thousand
TABLE 26 North America Others Market, by Country, 2024 - 2031, USD Thousand
TABLE 27 North America Ultrasonic Position Sensor Market, by Country, 2020 - 2023, USD Thousand
TABLE 28 North America Ultrasonic Position Sensor Market, by Country, 2024 - 2031, USD Thousand
TABLE 29 US Ultrasonic Position Sensor Market, 2020 - 2023, USD Thousand
TABLE 30 US Ultrasonic Position Sensor Market, 2024 - 2031, USD Thousand
TABLE 31 US Ultrasonic Position Sensor Market, by Range, 2020 - 2023, USD Thousand
TABLE 32 US Ultrasonic Position Sensor Market, by Range, 2024 - 2031, USD Thousand
TABLE 33 US Ultrasonic Position Sensor Market, by Application, 2020 - 2023, USD Thousand
TABLE 34 US Ultrasonic Position Sensor Market, by Application, 2024 - 2031, USD Thousand
TABLE 35 Canada Ultrasonic Position Sensor Market, 2020 - 2023, USD Thousand
TABLE 36 Canada Ultrasonic Position Sensor Market, 2024 - 2031, USD Thousand
TABLE 37 Canada Ultrasonic Position Sensor Market, by Range, 2020 - 2023, USD Thousand
TABLE 38 Canada Ultrasonic Position Sensor Market, by Range, 2024 - 2031, USD Thousand
TABLE 39 Canada Ultrasonic Position Sensor Market, by Application, 2020 - 2023, USD Thousand
TABLE 40 Canada Ultrasonic Position Sensor Market, by Application, 2024 - 2031, USD Thousand
TABLE 41 Mexico Ultrasonic Position Sensor Market, 2020 - 2023, USD Thousand
TABLE 42 Mexico Ultrasonic Position Sensor Market, 2024 - 2031, USD Thousand
TABLE 43 Mexico Ultrasonic Position Sensor Market, by Range, 2020 - 2023, USD Thousand
TABLE 44 Mexico Ultrasonic Position Sensor Market, by Range, 2024 - 2031, USD Thousand
TABLE 45 Mexico Ultrasonic Position Sensor Market, by Application, 2020 - 2023, USD Thousand
TABLE 46 Mexico Ultrasonic Position Sensor Market, by Application, 2024 - 2031, USD Thousand
TABLE 47 Rest of North America Ultrasonic Position Sensor Market, 2020 - 2023, USD Thousand
TABLE 48 Rest of North America Ultrasonic Position Sensor Market, 2024 - 2031, USD Thousand
TABLE 49 Rest of North America Ultrasonic Position Sensor Market, by Range, 2020 - 2023, USD Thousand
TABLE 50 Rest of North America Ultrasonic Position Sensor Market, by Range, 2024 - 2031, USD Thousand
TABLE 51 Rest of North America Ultrasonic Position Sensor Market, by Application, 2020 - 2023, USD Thousand
TABLE 52 Rest of North America Ultrasonic Position Sensor Market, by Application, 2024 - 2031, USD Thousand
TABLE 53 Key Information – Rockwell Automation, Inc.
TABLE 54 Key Information – Omron Corporation
TABLE 55 Key Information – Balluff GmbH
TABLE 56 key information – Baumer Holding AG
TABLE 57 Key Information – Honeywell International, Inc.
TABLE 58 Key Information –Murata Manufacturing Co., Ltd.
TABLE 59 Key Information – Banner Engineering Corporation
TABLE 60 key information – Hans Turck GmbH & Co. KG
TABLE 61 Key Information – Pepperl + Fuchs Group
TABLE 62 Key Information – Sick AG
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Ultrasonic Position Sensor Market, 2020 - 2031, USD Thousand
FIG 3 Key Factors Impacting Ultrasonic Position Sensor Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Ultrasonic Position Sensor Market
FIG 6 North America Ultrasonic Position Sensor Market share, by Range, 2023
FIG 7 North America Ultrasonic Position Sensor Market share, by Range, 2031
FIG 8 North America Ultrasonic Position Sensor Market, by Range, 2020 - 2031, USD Thousand
FIG 9 North America Ultrasonic Position Sensor Market share, by Application, 2023
FIG 10 North America Ultrasonic Position Sensor Market share, by Application, 2031
FIG 11 North America Ultrasonic Position Sensor Market, by Application, 2020 - 2031, USD Thousand
FIG 12 North America Ultrasonic Position Sensor Market share, by Country, 2023
FIG 13 North America Ultrasonic Position Sensor Market share, by Country, 2031
FIG 14 North America Ultrasonic Position Sensor Market, by Country, 2020 - 2031, USD Thousand
FIG 15 SWOT Analysis: Rockwell Automation, Inc.
FIG 16 SWOT Analysis: Omron Corporation
FIG 17 SWOT Analysis: BALLUFF GMBH
FIG 18 Swot Analysis: Baumer Holding AG
FIG 19 Swot analysis: Honeywell international, inc.
FIG 20 SWOT Analysis: Banner Engineering Corporation
FIG 21 SWOT Analysis: Pepperl + Fuchs Group
FIG 22 SWOT Analysis: Sick AG