Industrial Sensors are electronic devices that perceive a physical quantity at the input and convert it to an electrical signal at the output. They can sense a variety of physical properties such as temperature, pressure, vibration, and others. They also detect motion or proximity. Various types of sensors are commonly found in manufacturing processes for monitoring and controlling operations. Temperature, proximity, vibration, pressure, flow, and pH sensors are some of the most common types in use.
Some sensors, such as potentiometers, measure physical properties of materials, while others detect motion or proximity. A few are specifically designed to monitor gas and chemical concentrations. Several other sensors, such as vibration and flow sensors, are used to monitor the flow of liquids.
Market Dynamics:
The growing need for industrial sensors in the automobile industry is also contributing to the growth of the global industrial sensors market. Automotive companies utilize sensor-based diagnostic tools to monitor the health of their vehicles and identify potential problems before they cause costly breakdowns.
However, high cost and concerns regarding operating of industrial sensors are the factors expected to hinder growth of the global industrial sensors market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global industrial sensors market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global industrial sensors market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Omron Corporation, Texas Instruments Incorporated, ABB Limited, TE Connectivity Inc., Sick AG, Omega Engineering Inc., Bosch Sensortec GmbH, Honeywell International Inc., First Sensor AG, Rockwell Automation Inc., NXP Semiconductors NV, Siemens AG, ams AG, and STMicroelectronics Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global industrial sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial sensors market
Detailed Segmentation:
- Global Industrial Sensors Market, By Sensing Type
- Flow
- Pressure
- Proximity (Area)
- Level Measurement
- Temperature
- Image
- Other Sensing Types
- Global Industrial Sensors Market, By End User Vertical
- Mining, Oil, and Gas
- Manufacturing
- Chemical
- Pharmaceutical
- Other End user Verticals
- Global Industrial Sensors Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Texas Instruments Incorporated
- TE Connectivity Inc.
- Omega Engineering Inc.
- Honeywell International Inc.
- Rockwell Automation Inc.
- Siemens AG
- STMicroelectronics Inc.
- ams AG
- NXP Semiconductors NV
- First Sensor AG
- Bosch Sensortec GmbH
- Sick AG
- ABB Limited
- Omron Corporation
