Global Industrial Sensors Market to Reach USD 52.3 Billion by 2033, Impelled by Rapid Industrial Automation

January 21, 2025 | Electronics and Semiconductors

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According to the latest report by IMARC Group, titled “Industrial Sensors Market Report by Sensor (Level Sensor, Temperature Sensor, Flow Sensor, Position Sensor, Pressure Sensor, Force Sensor, Image Sensor, Gas Sensor, and Others), Type (Contact, Noncontact), End Use Industry (Mining, Oil, and Gas, Manufacturing, Chemical, Energy and Power, Healthcare, Water and Wastewater Treatment, Aerospace and Defense, and Others), and Region 2025-2033," the global industrial sensors market reached a value of USD 26.5 Billion in 2024. Industrial sensors are electronic devices that detect environmental changes and provide corresponding outputs and signals. They sense physical input, such as pressure, heat, light, voltage, moisture, and pressure, and respond by generating an output on the display screen for transmitting the information for further processing. Industrial sensors are widely used to measure, detect, and sense changes in the temperature, position, electrical current, and multiple parameters of industrial equipment. They aid in accelerating production processes, ensuring accurate positioning of mechanical components, increasing productivity, and providing feedback regarding their operational condition.

Global Industrial Sensors Market Trends:

The growing need for industrial automation across the globe is creating a positive outlook for the market. Industrial sensors are widely used to achieve increased productivity, higher accuracy, lower labor costs, and reduced energy usage. In line with this, the widespread product adoption to measure physical, chemical, or biological quantities with accuracy and repeatability is favoring the market growth. Apart from this, various advancements in technology, such as the integration of artificial intelligence (AI) and the Internet of Things (IoT)-enabled smart sensors that help monitor and predict machine breakdowns, are providing an impetus to the market growth. Moreover, the increasing product demand in various industries to monitor plant assets, improve workplace safety, maximize output, and run equipment fault diagnostics is propelling the market growth. Other factors, including the widespread adoption of image sensors, extensive research and development (R&D) activities, and the introduction of industrial sensors with on-chip processing, real-time decision making, and signal processing capabilities, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market is expected to reach USD 52.3 Billion by 2033, exhibiting a CAGR of 7.44% during 2025-2033.

Market summary

On the basis of the sensor, the market has been categorized into level, temperature, flow, position, pressure, force, image, gas, and other sensors. Amongst these, level sensors dominate the market.
Based on the type, contact leads exhibit a clear dominance in the market.
On the basis of the end use industry, the market has been categorized into mining, oil and gas, manufacturing, chemical, energy and power, healthcare, water and wastewater treatment, aerospace and defense, and others. Currently, the manufacturing sector holds the largest market share.
On a regional basis, the market is led by Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and Others). Other major regions include North America (the United States and Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Russia and Others) Latin America (Brazil, Mexico and Others), and Middle East and Africa.
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Amphenol Corporation, ams AG, Bosch Sensortec GmbH (Robert Bosch GmbH), Honeywell International Inc., NXP Semiconductors N.V., Omega Engineering Inc. (Spectris Plc), Panasonic Corporation, Renesas Electronics Corporation, Rockwell Automation, Siemens AG, STMicroelectronics, TE Connectivity Ltd. and Texas Instruments Incorporated.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Sensor, Type, End Use Industry, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	ABB Ltd., Amphenol Corporation, ams AG, Bosch Sensortec GmbH (Robert Bosch GmbH), Honeywell International Inc., NXP Semiconductors N.V., Omega Engineering Inc. (Spectris Plc), Panasonic Corporation, Renesas Electronics Corporation, Rockwell Automation, Siemens AG, STMicroelectronics, TE Connectivity Ltd. and Texas Instruments Incorporated
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Industrial Sensors Market to Reach USD 52.3 Billion by 2033, Impelled by Rapid Industrial Automation

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