The global industrial sensors market is projected to rise by USD 8.8 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 5.4 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global industrial sensors market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the industrial sensors industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, end user, and region. The global market for industrial sensors can be segmented by type: flow, pressure, proximity, level measurement, temperature, image, others. The pressure segment is estimated to account for the largest share of the global industrial sensors market. Industrial sensors market is further segmented by end user: mining, oil and gas, manufacturing, chemical, medical, others. The manufacturing segment held the largest revenue share in 2021. Based on region, the industrial sensors market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Globally, Asia-Pacific made up the largest share of the industrial sensors market.
Market Segmentation
By type: flow, pressure, proximity, level measurement, temperature, image, others
By end user: mining, oil and gas, manufacturing, chemical, medical, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global industrial sensors market with some of the key players being ABB Limited, Amphenol Corporation, Bosch Sensortec GmbH, Honeywell International Inc., NXP Semiconductors N.V., Omron Corporation, Panasonic Corporation, Rockwell Automation Inc., Siemens AG, STMicroelectronics Inc., TE Connectivity Inc., Texas Instruments Incorporated, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
– To analyze and forecast the market size of the global industrial sensors market.
– To classify and forecast the global industrial sensors market based on type, end user, region.
– To identify drivers and challenges for the global industrial sensors market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global industrial sensors market.
– To identify and analyze the profile of leading players operating in the global industrial sensors market.
Why Choose This Report
– Gain a reliable outlook of the global industrial sensors market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.