Ultrasonic sensors help the development of industrial automation

The RAM Research Institute report shows that the market for these instruments is expected to witness substantial growth during the forecast period (2020-2030) at a CAGR of 10.2 due to rising manufacturing demand and rapid adoption of ultrasonic sensors in automobiles %. At this rate, the global ultrasonic sensor market is expected to increase in value from $4.1 billion in 2019 to $12.1 billion by 2030. ​In manufacturing plants, ultrasonic sensors are used in various important processes such as roll diameter measurement, loop control, height measurement, tank level measurement and distance measurement. In addition, growing industrial production in developing countries places high demands on these sensors, especially for level measurement applications. The rapid growth of such devices in automobiles is another important factor driving the ultrasonic sensor market. These sensors are used in various applications in automobiles, such as object detection and recognition, level sensing in fuel tanks, and parking assist systems. Due to the surge in automobile production, the use of ultrasonic sensors will increase dramatically in the coming years due to the increase in global disposable income, especially in emerging economies such as Indonesia, China, and Thailand. Based on application, the ultrasonic sensor market is primarily segmented into distance measurement, level measurement, diameter measurement, loop control, and object tray detection. Among them, the object and pallet detection category is expected to experience higher revenue growth over the forecast period owing to the increasing demand for such obstacle detection instruments, especially in driverless vehicles. In addition, rapid growth in the food and beverage industry is expected to further drive the use of object and tray detection systems. On the basis of type, the ultrasonic sensor market is divided into two main categories, namely proximity detection and distance measurement. Among them, the proximity detection category held a larger market share in terms of revenue in 2019, which is mainly attributed to the rapid adoption of ultrasonic proximity sensors in various food and beverage processing applications. The range measurement category is expected to grow faster during the forecast period. The biggest trend in the ultrasonic sensor market is the growing demand for autonomous mobile robots (AMRs). AMRs are experiencing rapidly growing demand from diverse industries such as medical electronics, automotive, and oil & gas, mainly due to technological advancements and strong focus on high productivity, enhanced operational capabilities, and improved efficiency. Ultrasonic sensors are widely used in obstacle detection and calculation of distance between objects in AMR. The Asia-Pacific region accounted for the largest revenue share in the ultrasonic sensor market in 2019. Growing automotive production and booming industrial manufacturing in Asia Pacific, especially in countries such as India, China, and Thailand, are expected to be major factors contributing to Asia Pacific’s leading position and rapid growth in the market during the forecast period.
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