Proximity Sensor Industry Set for Strong Growth, Hitting $5.97 Billion by 2030
The global proximity sensors market is projected to grow from USD 4.28 billion in 2025 to USD 5.97 billion by 2030, at a CAGR of 6.9%.The rising adoption of automation across industries such as automotive, manufacturing, and consumer electronics is driving the market for proximity sensors. These sensors are critical in enabling non-contact detection for safety, positioning, and process efficiency,...
Proximity Sensors Market Trends, Opportunities, and Industry Insights 2025–2030
The global proximity sensors market is projected to grow from USD 4.28 billion in 2025 to USD 5.97 billion by 2030, at a CAGR of 6.9%. The increasing adoption of these sensors in the automotive industry is driving the market for proximity sensors. These sensors are essential components in advanced driver-assistance systems (ADAS), parking assistance, collision avoidance, and infotainment systems,...
Proximity Sensor Market to Witness Robust Growth: Key Trends and Opportunities
The proximity sensor market is projected to grow from USD 4.3 billion in 2024 and is projected to reach USD 6.6 billion by 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030. The growth of the proximity sensor market is driven by the increasing adoption of non-contact sensing technology, the rising integration of proximity sensors in smart devices and consumer electronics, and the growing...