Industrial Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Industrial Sensors Market is expected to register a CAGR of over 7.46% during the forecast period (2022 - 2027). The consistent and reliable performance of sensors has led the assets in heavy-industrial operations to drive critical daily metrics. Manufacturers are constantly monitoring the uptime of assets along their production lines. IIoT integrates legacy machinery commonplace within these complex industries via industrial connectivity with IIoT platforms for different use cases, roles, and applications.
Key HighlightsThe Industrial Sensors Market is moderately fragmented due to the presence of established industry players in the market. These players are leveraging and incorporating advanced technologies to offer diversified products catering to varied end-user industries.
1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET INSIGHTS 4.1 Market Overview 4.2 Industry Value Chain Analysis 4.3 Industry Attractiveness - Porter's Five Forces Analysis 4.3.1 Threat of New Entrants 4.3.2 Bargaining Power of Buyers 4.3.3 Bargaining Power of Suppliers 4.3.4 Threat of Substitute Products 4.3.5 Intensity of Competitive Rivalry 4.4 Technology Snapshot 5 MARKET DYNAMICS 5.1 Market Drivers 5.1.1 Growing Adoption of IoT Leading to Demand for Sensing Components 5.1.2 Growing Emphasis on the Use of Predictive Maintenance and Remote Monitoring 5.2 Market Restraints 5.2.1 Cost and Operational Concerns 6 MARKET SEGMENTATION - BY SENSOR TYPE 6.1 Flow 6.2 Pressure 6.3 Proximity (Area) 6.4 Level Measurement 6.5 Temperature 6.6 Image 6.7 Photoelectric 6.8 Other Sensing Types 7 MARKET SEGMENTATION - BY END-USER VERTICAL 7.1 Chemical and Petrochemicals 7.2 Mining and Metal 7.3 Power 7.4 Food and Beverage 7.5 Life Sciences 7.6 Aerospace and Military 7.7 Water and Wastewater 7.8 Other End-user Verticals 8 MARKET SEGMENTATION - BY GEOGRAPHY 8.1 North America 8.1.1 United States 8.1.2 Canada 8.2 Europe 8.2.1 Germany 8.2.2 United Kingdom 8.2.3 France 8.2.4 Rest of Europe 8.3 Asia Pacific 8.3.1 China 8.3.2 Japan 8.3.3 South Korea 8.3.4 Rest of Asia Pacific 8.4 Latin America 8.5 Middle East and Africa 9 COMPETITIVE LANDSCAPE 9.1 Company Profiles 9.1.1 Texas Instruments Incorporated 9.1.2 TE Connectivity Inc. 9.1.3 Omega Engineering Inc. 9.1.4 Honeywell International Inc. 9.1.5 Rockwell Automation Inc. 9.1.6 Siemens AG 9.1.7 STMicroelectronics Inc. 9.1.8 ams AG 9.1.9 NXP Semiconductors NV 9.1.10 First Sensor AG 9.1.11 Bosch Sensortec GmbH 9.1.12 Sick AG 9.1.13 ABB Limited 9.1.14 Omron Corporation 10 ANALYSIS OF LIMIT SWITCHES 10.1 Current Market Scenario (Trends & Estimates from 2020-2027) 10.2 Market Dynamics 11 INVESTMENT ANALYSIS 12 MARKET OPPORTUNITIES AND FUTURE TRENDS
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