PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1775609
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1775609
The Asia Pacific (APAC) Proximity Sensor Market is expected to grow from US$2.220 billion in 2025 to US$3.369 billion in 2030, at a CAGR of 8.70%.
A proximity sensor is a sensor that can detect the presence of things nearby without requiring physical contact. It detects the reflection of an object's proximity or distance from the sensor by radiating or emitting a beam of electromagnetic radiation, usually in the form of infrared light. Asia-Pacific region's accelerated industrialization and economic expansion lure investors to countries like China and India. Smartphone production has surged in nations such as Japan, China, and India as a result of technological improvements. Furthermore, during the forecast period, the market is likely to benefit from rapid growth in the manufacturing industry and rising demand for proximity sensors in consumer electronics devices. In addition, the market for proximity sensors in the region is being fueled by an increase in smartphone production, automobile production, and sales.
Proximity sensors monitor nearly everything inside and outside a car, allowing onboard computers to make judgments. The decisions aid in improving engine performance, lowering emissions, increasing safety, and providing other benefits. One of the major factors boosting demand for automotive proximity sensors is autonomous driving. The increased vehicle production in major countries such as China, India, and others is expected to fuel market growth for proximity sensors. According to a study conducted by the CEEW Centre for Energy Finance, India's electric car market will be worth US$ 206 billion by 2030. Electric vehicles have been launched to the market by MG Motors, Hyundai, Mercedes-Benz, and Tata Motors. Electric vehicles, comprising plug-in hybrids, accounted for roughly 19 out of every 100 passenger vehicles sold in the country. The increased demand for proximity sensors is mostly due to the widespread use of ADAS and AD systems. These rules will accelerate the expansion of the ADAS market soon, boosting the market for proximity sensors even further.
The Asia Pacific region is an electronics center, with millions of electronic products produced each year for use in the region as well as exported to other parts of the world. This massive volume of electronic devices and components contributes significantly to the market share for proximity sensors. A proximity sensor in smartphones detects how close the phone is to an external surface, such as an ear. This detection is used to switch off the backlight and reduce display power consumption during a call. The touch screen is likewise disabled to prevent inadvertent touches by the cheek. With 28.4% of the Indian smartphone market, Xiaomi was first, followed by Samsung with 17.7%.
Technological advancements coupled with major developments by key players in the market is further expected to grow the demand for proximity sensors in the region.
List of Major Companies in the Asia Pacific Proximity Sensor Market
Market Segmentation: