What is Near Field Sensor Market Scope?
Near Field Communication (NFC) is also known as wireless communication technology. These communications are monitored by different sensors. It is a short-range communication technology which allows devices to share information across the globe. It emerged as an alternative source to other short-range communication technologies, namely Bluetooth and WiFi. These sensors are very necessary in order to gather information The market share of NFC technology is growing rapidly because of the increasing adoption of this technology into smartphones and smart cameras.
The Near Field Sensor market study is being classified by Type (Inductive Sensors, Capacitive Sensors, Magnetic Sensors, Photoelectric & Ultrasonic Sensors and Optical Sensors), by Application (Automotive, Industrial Manufacturing, Food & Beverage, Pharmaceuticals, Consumer Electronics and Defense & Aerospace) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Near Field Sensor market throughout the predicted period.
NXP Semiconductors (The Netherlands), Samsung (South Korea), Intel (United States), Schneider Electric (France), Omron Corporation (Japan), Pepperl + Fuchs (Germany), Broadcom (United States), STMicroelectronics (Switzerland), Rockwell Automation (United States), Honeywell (United States) and Panasonic Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Balluff GmbH (Germany), IFM Electronic (Germany) and Eaton ( Ireland).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Near Field Sensor market by Type, Application and Region.
On the basis of geography, the market of Near Field Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Cumulating Consumption of NFC tags with Sensors has Become new Route to Realize Wireless Communication Sensed Functions
Market Drivers
- Increasing usages of smartphones and advance Communication technology in various electronic devices. These help in providing radio communication between electronics gadgets. According to the statics, the observation is that the number of smartphone users in the United States is estimated to reach 257.3 million. Hence enhancing the market throughout the industry pace.
Opportunities
- Growing Penetration of Contactless Payments across the Globe
- Growing Adoption of these Sensors in Healthcare Sector is also Boosting the Market
Restraints
- High Cost of Installation of these Sensors in Communication
- Concern Related to Security Issues
Challenges
- Availability of Different Technologies in Market such as RFID, Bluetooth and Many More
- Lack of Awareness among People About the Benefits of NFC Technology
Key Target Audience
Near Field Sensor Manufactures, Distributors, Potential Investors, End-Users and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.