Position sensor, linear displacement sensor shipments to increase

Natick, MA—Similar to other industrial automation markets, prospects continue to brighten for proximity and linear displacement sensor markets in North America, according to a recent research by Venture Development Corp. (VDC).


Natick, MA— Similar to other industrial automation markets, prospects continue to brighten for proximity and linear displacement sensor markets in North America, according to a recent research by Venture Development Corp. (VDC). The analyst firm’s report adds that photoelectric proximity sensors and laser-based sensors are two of the fastest growing segments.

VDC anticipates positive growth in North American markets for these sensors through 2007, based on improving health of the U.S. economy and increasing implementation of these sensors for monitoring and control in many products and equipment. Shipments for proximity sensors to North America are expected to grow at a 4.7% compound annual growth rate (CAGR) from $617.2 million in 2004 to $708.5 million in 2007.

Likewise, shipments of linear displacement sensors are projected to increase at a 4.3% CAGR from $334.9 million in 2004 to $380.1 million in 2007. The largest share of each sensor type will go to industrial automation applications. Other uses include HVAC, medical, metrology, military/aerospace, office automation, printing, security equipment, and automotive vehicles. VDC adds that use of position sensors augments performance with improvements in accuracy, efficiency, enhanced functionality, faster operation, higher productivity, and better quality control.

The report adds that optical-based devices will grow the fastest. North America’s market for photoelectric proximity sensors is forecast to increase at an overall 6.1% CAGR through 2007. Photoelectric proximity sensors use several types of light sources.

The fastest growing areas are infrared and laser-based products. Infrared sensors efficiently produce a strong beam that is desirable for long-range sensing. The North American market for laser systems is expected to be the fastest growing among the linear displacement sensor products at an 8.5% CAGR through 2007. Laser proximity and linear displacement sensors have long-range and small-target capabilities.

Control Engineering Daily News Desk
Mark T. Hoske, editor-in-chief

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Engineering Leaders Under 40; System integration improving packaging operation; Process sensing; PID velocity; Cybersecurity and functional safety
Mobile HMI; PID tuning tips; Mechatronics; Intelligent project management; Cybersecurity in Russia; Engineering education; Road to IANA
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
click me