Global Industrial Sensors Market Growth 2023-2029

Global Industrial Sensors Market Growth 2023-2029

A sensor is a device, module, or subsystem whose purpose is to detect events or changes in its environment and send the information to other electronics, frequently a computer processor. A sensor is always used with other electronics, whether as simple as a light or as complex as a computer.

LPI (LP Information)' newest research report, the “Industrial Sensors Industry Forecast” looks at past sales and reviews total world Industrial Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Sensors sales for 2023 through 2029. With Industrial Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Sensors industry.

This Insight Report provides a comprehensive analysis of the global Industrial Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Sensors.

The global Industrial Sensors market size is projected to grow from US$ 14180 million in 2022 to US$ 20200 million in 2029; it is expected to grow at a CAGR of 20200 from 2023 to 2029.

With advances in micromachinery and easy-to-use microcontroller platforms, the uses of sensors have expanded beyond the traditional fields of temperature, pressure or flow measurement, for example into MARG sensors. Moreover, analog sensors such as potentiometers and force-sensing resistors are still widely used. Applications include manufacturing and machinery, airplanes and aerospace, cars, medicine, robotics and many other aspects of our day-to-day life.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Level Sensor
Temperature Sensor
Flow Sensor
Position Sensor
Pressure Sensor
Others

Segmentation by application
Energy & Power
Oil & Gas
Mining
Chemical
Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ATI Industrial Automation
FANUC
FUTEK Advanced Sensor Technology
Honeywell
AMS
Cognex
OTC Daihen
Hermary Opto Electronics
iniLabs
MaxBotix
Perception Robotics
Roboception
EPSON
Tekscan
Omron

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Sensors market?

What factors are driving Industrial Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Sensors market opportunities vary by end market size?

How does Industrial Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.