Europe Ultrasonic Sensor Market 2023-2030

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    EUROPE ULTRASONIC SENSOR MARKET

      

    INTRODUCTION

     

    Ultrasonic sensors are flexible instruments with several applications such as industrial automation, healthcare, automobiles, and many more. These areas, however, represent only a minor percentage of their potential.

     

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     Ultrasonic sensors are useful not just for flow monitoring, maintenance, and detection, but they also show promise in other fields. The potential of ultrasonic sensors has resulted in tremendous technological advancements.

     

    Because of their increased popularity in assembly lines and conveyor belts used in the oil and gas, pharmaceutical, and food and beverage industries, through-beam sensors are more powerful than retroreflective sensors.

     

    These features will encourage the use of through-beam ultrasonic sensors in industrial applications for item identification and counting, as well as transparent object monitoring.  

     

     

    EUROPE ULTRASONIC SENSOR MARKET SIZE AND FORECAST

     

    The Europe Ultrasonic Sensor Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2023, registering a CAGR of XX% from 2022 to 2030. 

      

     

    NEW PRODUCT LAUNCH

     

    Toposens unveils a new ultrasonic 3D sensor that incorporates Infineon’s XENSIVTM MEMS microphone, Toposens and Infineon Technologies AG have collaborated to deliver 3D obstacle identification and collision avoidance in autonomous systems utilising Toposens’ unique 3D ultrasonic technology.

     

    ECHO ONE 3D ultrasonic sensors from the Munich-based sensor company integrate sound, machine vision, and advanced algorithms to deliver robust, cost-effective, and accurate 3D vision for applications such as robots, autonomous driving, and consumer electronics.

     

    Through precise 3D obstacle recognition, the easy-to-integrate 3D ultrasonic sensor allows safe collision avoidance. It is based on the XENSIVTM MEMS microphone IM73A135V01 from Infineon. 

     

    Customers may cut development costs and time to market by using this next-generation reference product. Furthermore, it is less expensive and uses less energy than conventional industrial 3D sensors. The new technology is suitable for enhancing the performance of self-driving automobiles (AGVs).

     

    RECENT DEVELOPMENT

     

    For use in industry and medical, Infineon Austria developed novel and tiny microphone and ultrasonic sensors as part of the “Listen2Future” European research initiative. Key uses include quick baby infection prevention, wearable ultrasonography patches, and precise tiny hearing aids.

     

    Fundamental concerns for our society include access to healthcare, healthy ageing, energy security, and product quality. Microscopic sensors, such microphones and ultrasonic sensors, play a significant role in this as the sensory organs of technology. They serve as a “digital ear” that captures acoustic information and allows for quick monitoring and diagnosis.

     

    The study conducted by “Listen2Future” will develop entirely new solutions that will benefit society, people, and health in addition to considerably enhancing the performance of current systems.  

     

    The project’s goal is to mass produce the smallest micro-electro-mechanical (MEMS) sensors at prices that are competitive with those found globally and to make them available for a variety of uses in both industry and healthcare. Higher picture resolutions for ultrasound probes will be made possible by the research, as well as durable, small hearing aids with superior sound quality and minimal power requirements.

     

    Additionally, wearable ultrasound devices for quick infection control in newborns and ultrasound equipment for early diagnosis of heart disease will be the emphasis. The implementation of intelligent energy infrastructure monitoring and ongoing material quality control in industry would be facilitated.

     

    At the intersections of fields, significant innovation steps frequently occur. This is especially true when microelectronics and medicine converge since people can detect and measure bodily signals with considerably greater accuracy.

     

    There is a great opportunity to advance healthcare as a result. They are demonstrating how this “digital ear” can be made useful in healthcare and other fields with the help of a number of superb partners in industry, medicine, and science through the European “Listen2Future” project.

     

    Together, they are bringing very important new insights to this important acoustics application area. With a market share of more than 40% worldwide, Europe already holds a dominant position in the MEMS sensor industry. The outcomes of this study will improve European businesses’ competitiveness on the global market.

     

    In hearing aids and hearing probes, smartphones or hands-free devices, the smallest MEMS microphones guarantee optimal sound quality with minimal battery consumption. Ultrasound is one of the most often used tests in medicine, and it is used to check for pregnancy as well as to examine the thyroid, liver, and heart.

     

    Ultrasound is used in industry to “hear” friction, vibrations, and damaged areas. This enables locating issues in maintenance and predictive maintenance simpler and faster.

     

    However, the devices still have certain drawbacks, including the fact that they frequently take up a lot of space and are expensive, don’t perform equally well across all frequency ranges, and only produce snapshots. The “Listen2Future” research team is attempting to overcome these difficulties. 

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Ultrasonic Sensors are manufactured per annum in Globally ? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Ultrasonic Sensor and key vendor selection criteria
    3. Where is the Ultrasonic Sensor Manufactured? What is the average margin per unit ?
    4. Market share of Ultrasonic Sensor manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Ultrasonic Sensor in-house
    6. key predictions for next 5 years in Ultrasonic Sensor      
    7. Average B-2-Bl Ultrasonic Sensor price in all segments
    8. Latest trends in Ultrasonic Sensor ,by every market segment
    9. The market size (both volume and value) of the Ultrasonic Sensor market in 2023-2030 and every year in between?
    10. Production Ultrasonic Sensor ,by suppliers and their OEM relationship
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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