Industrial Sensors Market Size, Global Industry Report, 2028

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 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2508

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Market Overview:

The global industrial sensors market size reached US$ 22.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.97% during 2023-2028.

Industrial sensors are devices that can detect changes in the environment and provide subsequent signals or outputs. They can gauge input such as light, heat, pressure, temperature, voltage, moisture and motion, and generate an output on the display screen for transmitting the information for further processing. Some of the commonly used industrial sensors include proximity, velocity, inductive, photoelectric, capacitive, magnetic and ultrasonic sensors. They are essential for machine automation as they aid in ensuring accurate positioning of mechanical components and providing feedback regarding their operational conditional. As a result, these sensors find extensive applications across various industries, such as oil and gas, manufacturing, power generation, healthcare, water and wastewater treatment, chemicals and mining.

Increasing digitization, along with the growing need for industrial automation, is one of the key factors creating a positive impact on the market. In line with this, the widespread adoption of wireless devices and escalating demand for enhanced efficiency at industrial units have resulted in the increasing utilization of industrial sensors. Organizations are also using these sensors to maximize their output, monitor plant assets, run equipment fault diagnostics and improve workplace safety. Furthermore, extensive deployment of industrial sensors to monitor flood and water levels, environmental changes, traffic and energy consumption, is stimulating the market growth. Various technological advancements, such as the development of artificial intelligence (AI) and Internet of Things (IoT)-enabled smart sensors, are acting as other growth-inducing factors. These sensors are equipped with on-chip processing, real-time decision making and signal processing capabilities, which assist in improving various industrial processes. Other factors, including the emergence of Industry 4.0, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial sensors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on sensor, type and end use industry.

Breakup by Sensor:

Level Sensor
Temperature Sensor
Flow Sensor
Position Sensor
Pressure Sensor
Force Sensor
Image Sensor
Gas Sensor
Others

Breakup by Type:

Contact
Noncontact

Breakup by End Use Industry:

Mining, Oil and Gas
Manufacturing
Chemical
Energy and Power
Healthcare
Water and Wastewater Treatment
Aerospace and Defense
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some 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	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
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
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
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)

Key Questions Answered in This Report:

How has the global industrial sensors market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global industrial sensors market?
What are the key regional markets?
What is the breakup of the market based on the sensor?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global industrial sensors market and who are the key players?
What is the degree of competition in the industry?

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