Key Takeaways from Proximity Sensor Market Study The automotive segment is expected to gain significant share, due to wide application of proximity sensors for sensing and collision detection. Capacitive proximity sensors are suitable for application with various types of materials, and are broadly used for industrial applications, which drives market growth. The inductive sensors segment is expected to hold a prominent share in the proximity sensor market, owing to increased fidelity of position detection and decreased maintenance cost of these system for aircraft applications. Increasing adoption of proximity sensors in robotics is anticipated to result in significant dominance of North America in the global proximity sensor market.