Market Overview:
The global industrial sensors market is expected to exhibit strong growth during 2021-2026. 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. Looking forward, IMARC group expects the global industrial sensors market to grow at a CAGR of around 9% during the forecast period (2021-2026).
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 for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, sensor, type and end use industry.
Breakup by Sensor:
Breakup by Type:
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
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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.
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?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Industrial Sensors Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Sensor
6.1 Level Sensor
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Temperature Sensor
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Flow Sensor
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Position Sensor
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Pressure Sensor
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Force Sensor
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Image Sensor
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Gas Sensor
6.8.1 Market Trends
6.8.2 Market Forecast
6.9 Others
6.9.1 Market Trends
6.9.2 Market Forecast
7 Market Breakup by Type
7.1 Contact
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Noncontact
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Mining, Oil, and Gas
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Manufacturing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Chemical
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Energy and Power
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Healthcare
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Water and Wastewater Treatment
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Aerospace and Defense
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Amphenol Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 ams AG
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Bosch Sensortec GmbH (Robert Bosch GmbH)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Honeywell International Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 NXP Semiconductors N.V.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Omega Engineering Inc. (Spectris Plc)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Panasonic Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Renesas Electronics Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Rockwell Automation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Siemens AG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 STMicroelectronics
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 TE Connectivity Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
14.3.14 Texas Instruments Incorporated
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
List of Figures
Figure 1: Global: Industrial Sensors Market: Major Drivers and Challenges
Figure 2: Global: Industrial Sensors Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Industrial Sensors Market: Breakup by Sensor (in %), 2020
Figure 4: Global: Industrial Sensors Market: Breakup by Type (in %), 2020
Figure 5: Global: Industrial Sensors Market: Breakup by End Use Industry (in %), 2020
Figure 6: Global: Industrial Sensors Market: Breakup by Region (in %), 2020
Figure 7: Global: Industrial Sensors Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Industrial Sensors (Level Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Industrial Sensors (Level Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Industrial Sensors (Temperature Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Industrial Sensors (Temperature Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Industrial Sensors (Flow Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Industrial Sensors (Flow Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Industrial Sensors (Position Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Industrial Sensors (Position Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Industrial Sensors (Pressure Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Industrial Sensors (Pressure Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Industrial Sensors (Force Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Industrial Sensors (Force Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Industrial Sensors (Image Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Industrial Sensors (Image Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Industrial Sensors (Gas Sensor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Industrial Sensors (Gas Sensor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Industrial Sensors (Other Sensors) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Industrial Sensors (Other Sensors) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Industrial Sensors (Contact) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Industrial Sensors (Contact) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Industrial Sensors (Noncontact) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Industrial Sensors (Noncontact) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Industrial Sensors (Mining, Oil, and Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Industrial Sensors (Mining, Oil, and Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Industrial Sensors (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Industrial Sensors (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Industrial Sensors (Chemical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Industrial Sensors (Chemical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Industrial Sensors (Energy and Power) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Industrial Sensors (Energy and Power) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Industrial Sensors (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Industrial Sensors (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Global: Industrial Sensors (Water and Wastewater Treatment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Global: Industrial Sensors (Water and Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Global: Industrial Sensors (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Global: Industrial Sensors (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Global: Industrial Sensors (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Global: Industrial Sensors (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: North America: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: North America: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: United States: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: United States: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Canada: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Canada: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Asia Pacific: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Asia Pacific: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: China: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: China: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Japan: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Japan: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: India: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: India: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: South Korea: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: South Korea: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Australia: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Australia: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Indonesia: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Indonesia: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Europe: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Europe: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Germany: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Germany: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: France: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: France: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: United Kingdom: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: United Kingdom: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Italy: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Italy: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Spain: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Spain: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Russia: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Russia: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Others: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Others: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Latin America: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Latin America: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Brazil: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Brazil: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Mexico: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Mexico: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Others: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 91: Others: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Middle East and Africa: Industrial Sensors Market: Sales Value (in Million US$), 2015 & 2020
Figure 93: Middle East and Africa: Industrial Sensors Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 94: Global: Industrial Sensors Industry: SWOT Analysis
Figure 95: Global: Industrial Sensors Industry: Value Chain Analysis
Figure 96: Global: Industrial Sensors Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Industrial Sensors Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Industrial Sensors Market Forecast: Breakup by Sensor (in Million US$), 2021-2026
Table 3: Global: Industrial Sensors Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: Global: Industrial Sensors Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Global: Industrial Sensors Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Industrial Sensors Market: Competitive Structure
Table 7: Global: Industrial Sensors Market: Key Players