Global Industrial Sensors Market Report Added to ResearchAndMarkets.com Offering
The report “Global Industrial Sensors Market – Sensor Types, Functionality Types, and End-use Sectors” has been added to ResearchAndMarkets.com’s offerings. It provides a comprehensive analysis and forecast of the global industrial sensors market from 2020 to 2029, focusing on market value in US dollars and projected compound annual growth rates (CAGRs) from 2023 through 2029.
Industrial sensors, key components in modern manufacturing, convert physical quantities into electrical signals, making them crucial for automation. These sensors play a vital role in detecting environmental changes and transmitting data to computers or process controllers, essential for automated systems.
The rise of Industry 4.0 and increased automation are driving the demand for industrial sensors, enhancing operational efficiency and production uptime. This surge in demand is especially notable in North America, Europe, and Asia-Pacific, which collectively account for nearly 80% of the market. Asia-Pacific is anticipated to be the fastest-growing region, with an expected CAGR of over 12% due to technological advancements and rapid industrialization.
Research Findings & Coverage
- The report analyzes the global industrial sensors market by sensor types, functionality, end-use industries, geographic regions, and key countries.
- Market share analysis, current market size, and revenue projections through 2029 are included.
- Detailed examination of over 10 sensor types and 10 end-use industries, with market share illustrations throughout the study period.
- Discussion on major growth trends, R&D, technology updates, and emerging applications influencing market growth.
- Key business trends including product innovations, capacity expansions, M&As, JVs, and other recent industry developments.
- The report features 242 data tables with market numbers by segment and region, accompanied by graphical representations.
- Business profiles of 34 major companies.
- Contact details for 321 companies in the industry guide.
Key Market Trends
- Industry 4.0 driving sensor technology advancements.
- Critical role of sensors in factory automation.
- Growth of IoT sensor technology.
- Emergence of smart sensors as edge devices.
- Increased power efficiency for energy harvesting sensors.
- Integration of physical sensors with soft and virtual sensors.
- Innovations in real-time hazardous gas detection.
- Ultra-sensitive sensor technology for water quality monitoring.
- Enhanced CMOS image sensor applications with silicon nanowire phototransistor arrays.
- Expansion of humidity nanosensors due to novel material development.
- Improved magnetic gas sensor detection capabilities.
- Advances in optical sensor technology for the oil & gas sector.
- Enhanced pesticide detection in agricultural foods through optical sensing approaches.
Major Market Players
Key players in the industrial sensors market include:
- ABB Limited (Switzerland)
- AMETEK, Inc. (United States)
- Alphasense (United Kingdom)
- Amphenol Corporation (United States)
- ams-OSRAM AG (Austria)
- FineTek Co., Ltd. (Taiwan)
- Azbil Corporation (Japan)
- Balluff GmbH (Germany)
- Bosch Sensortech GmbH (Germany)
- Denso Corporation (Japan)
- Honeywell International, Inc. (United States)
- Infineon Technologies AG (Germany)
- Panasonic Holdings Corporation (Japan)
- Rockwell Automation, Inc. (United States)
- Siemens AG (Germany)
Report Scope
The report analyzes various types of industrial sensors, including:
- Accelerometers
- Flow Sensors
- Force Sensors
- Gas Sensors
- Humidity Sensors
- Image Sensors
- Level Sensors
- Optical Sensors
- Position Sensors
- Pressure Sensors
- Proximity Sensors
- Temperature Sensors
- Touch Sensors
It also examines functionality types:
- Contact Sensors
- Contactless Sensors
End-use industries covered include:
- Aerospace & Defense
- Automotive
- Chemical
- Electronics
- Energy & Power
- IT & Telecom
- Manufacturing
- Mining
- Oil & Gas
- Pharmaceutical
For more information about this report, visit ResearchAndMarkets.com.
