- In October 2023, Maxic launched the MT3102, a cutting-edge miniature proximity sensor designed for low power consumption. This sensor incorporates integrated skin recognition technology, making it perfect for wearable devices. It provides precise and energy-efficient proximity detection, significantly enhancing user experience. With its compact design and advanced capabilities, the MT3102 sets a new standard in proximity sensing, solidifying Maxic’s leadership in the sensor market
- In March 2023, Carlo Gavazzi introduced a new family of full-metal inductive sensors, featuring an IP69K rating and standard IO-Link capabilities. These sensors are designed to withstand harsh environmental conditions, making them ideal for demanding industrial applications. Their rugged performance ensures reliability in automation systems, while the IO-Link integration offers seamless communication for enhanced operational efficiency, further establishing Carlo Gavazzi’s strong presence in advanced sensor solutions
- In March 2022, Datalogic, a leader in automatic data capture and factory automation, showcased Visual Supply Chain Intelligence, focusing on supply chain traceability. The solution integrates barcodes, visual systems, artificial intelligence, and machine learning to enable efficient tracking and tracing across modern supply networks. This innovative technology delivers genuine intelligence to enhance supply chain management, positioning Datalogic at the forefront of automation and logistics solutions
- In February 2022, STMicroelectronics unveiled a new series of high-resolution Time-of-Flight (ToF) sensors, advancing 3D depth mapping capabilities. These sensors enable smartphones and other devices to capture more precise and detailed spatial data, enhancing applications such as augmented reality (AR), robotics, and facial recognition. With improved accuracy and range, these ToF sensors represent a significant leap in sensor technology, paving the way for smarter, more intuitive devices
- In March 2021, Autonics Corporation inaugurated a state-of-the-art R&D center in Seoul, South Korea. The nine-story facility, covering 22,633 square meters, is designed to enhance the company’s research and development capabilities. The new center will support the creation of innovative automation solutions and services, reinforcing Autonics’ global position as a trusted leader in automation technology. It’s a strategic investment to meet growing market demands and drive future growth
- In September 2020, Balluff GmbH introduced a new line of inductive sensors designed for explosion-protected areas, receiving CSA approval for use in the USA and Canada. These sensors are perfect for object detection and positioning in environments with explosive dust or gas atmospheres. Available in M12, M18, and M30 sizes, they offer robust, reliable performance and ensure safety in hazardous areas, reinforcing Balluff’s position in the industrial sensor market
- In August 2020, Hans Turck GmbH & Co. Kg launched a new series of inductive safety sensors with two OSSD (output switching signal device) outputs. These sensors enable wear-free position and range monitoring for safety applications, such as presses, cranes, and machinery covers. With flush-mountable M12, M18, and M30 devices, the sensors offer robust metal housing, a wide temperature range from -25 to 70 °C, and reliable safety in critical industrial settings
Frequently Asked Questions
The market is segmented based on Segmentation, By End-User Industry (Consumer Electronics, Industrial Automation, Automotive, Aerospace and Defense, Pharmaceutical, Packaging, and Others), Type (Self-Contained, Amplifier-In-Cable, and Separate Amplifier) – Industry Trends and Forecast to 2032
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The Global Inductive Sensors Market size was valued at USD 742.98 USD Million in 2024.
The Global Inductive Sensors Market is projected to grow at a CAGR of 7.2% during the forecast period of 2025 to 2032.
The major players operating in the market include Sick AG ,OMRON Corporation ,ifm electronic GmbH ,Schneider Electric ,Pepperl+Fuchs ,Panasonic Corporation ,Rockwell AutomationInc. ,Honeywell International Inc. ,Broadcom ,Hans Turck GmbH &, Co. KG ,Balluff Automation India Pvt. Ltd. ,Fargo Controls Inc. ,Kaman Precision Products ,KEYENCE CORPORATION ,Lion Precision ,Micron OpticsInc. ,Standex ElectronicsInc. ,RiKO OPTO-ELECTRONICS TECHNOLOGY CO.Ltd. ,STMicroelectronics ,Delta ElectronicsInc. ,Autonics Corporation .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
