Proximity Sensor Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Autonics Corporation, Balluff GmbH
According to Stratistics MRC, the Global Proximity Sensor Market is accounted for $3.18 billion in 2020 and is expected to reach $5.59 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Some of the factors such as the increase in the demand for industrial automation and non-contact sensing technology are the …