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The proximity sensors market is experiencing robust growth, driven by advancements in automation and the increasing demand for smart technologies across various industries. Proximity sensors detect the presence of nearby objects without physical contact, making them essential in applications such as automotive, consumer electronics, and industrial automation. The market is projected to reach a significant valuation by 2028, with a compound annual growth rate (CAGR) of over 8% from 2024 to 2028.
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