Market Overview

The global ultrasonic sensors market size was valued at USD 6.48 billion in 2024 and is expected to grow from USD 7.16 billion in 2025 to reach USD 15.91 billion by 2033, growing at a CAGR of 10.5% during the forecast period (2025-2033).

The global Ultrasonic Sensors market continues to evolve rapidly, driven by shifting consumer trends, rising investments, and technological progress. This section provides a detailed snapshot of the current landscape, highlighting major developments, emerging opportunities, and competitive movements that are shaping the industry’s growth trajectory.

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Market Report Scope and Research Methodology

This report offers a balanced combination of qualitative and quantitative analysis to ensure accurate, transparent, and comprehensive insights. The scope defines the parameters and key categories of the market, helping readers clearly understand its framework and underlying dynamics.

The study examines market size, forecasts, and growth potential by analyzing crucial segments and sub-segments. It delves into the factors influencing the market—such as cost efficiency, regulatory initiatives, sustainability goals, and continuous innovation. In addition, it evaluates competitive landscapes, investment flows, and the policy environment impacting overall industry development.

Market Regional Insights

The regional analysis spans North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is assessed based on market share, growth prospects, trade movements, and investment attractiveness. By studying regional demand trends, industrial performance, and government support measures, the report delivers a holistic understanding of how the market is evolving across different geographies.

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Market Segmentation

1. By Technology
   1. Bulk Piezoelectric Transducer
   2. Micromachined Ultrasound Transducers (MUT)
2. By End-user Vertical
   1. Automotive
   2. Consumer
   3. Industrial
   4. Medical
   5. Other End-user Verticals

Market Key Players

1. Keyence Corporation
2. Pepperl+Fuchs AG
3. Honeywell International Inc.
4. Baumer Ltd
5. Rockwell Automation Inc.
6. Murata Manufacturing Co. Ltd
7. Omron Corporation
8. Sick AG
9. Banner Engineering Corp.
10. Balluff Inc.
11. Robert Bosch GmbH
12. Qualcomm Incorporated
13. TDK Corporation
14. Sensata Technologies
15. Denso Corporation

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Key Questions Answered in the Ultrasonic Sensors Market Report:

• How large is the Ultrasonic Sensors market currently?

• What is the projected size of the Ultrasonic Sensors market in the coming years?

• What is the estimated global value of the Ultrasonic Sensors market?

• How fast is the Ultrasonic Sensors market growing?

• Which segment accounts for the highest share in the Ultrasonic Sensors market?

• What are the major Ultrasonic Sensors market segments?

• What was the market value of Ultrasonic Sensors in North America in 2024?

• Which region currently dominates the market landscape?

• What factors are driving the growth of the Ultrasonic Sensors market?

• Who are the prominent players in the Ultrasonic Sensors market?

• Which companies are leading in the Ultrasonic Sensors industry?

About Straits Research

Straits Research provides comprehensive market intelligence and actionable insights across a wide range of industries. Our reports are designed to empower decision-makers, investors, and organizations to uncover growth opportunities, overcome challenges, and build strategies that ensure long-term success in a rapidly changing business environment.

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