The global industrial sensors market size reached USD 22.98 Billion in 2021 and is expected to register a revenue CAGR of 9.9% during the forecast period, according to latest analysis by Emergen Research. Technological behemoths such as AT&T and Google are also experimenting with Industry 4.0 solutions. Industrial Internet of Things (IIoT) is a sub-segment of IoT that is used for industrial purposes such as manufacturing and supply chain monitoring and management. Increasing use of IIoT is expected to drive demand for sensors across most industries, including automotive and healthcare.
The report on the industrial sensors market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the industrial sensors market for the forecast period from 2022 to 2030. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.
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The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.
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Major Players/Manufacturers profiled in the report are:
Rockwell Automation, Inc., Texas Instruments Incorporated, Panasonic Corporation, STMicroelectronics, Siemens, Amphenol Corporation, Bosch Sensortec GmbH, OMEGA Engineering Inc., Honeywell International Inc., and TE Connectivity
Emergen Research has segmented the global industrial sensors market on the basis of sensor type, technology, industry type, and region:
Sensor Type Outlook (Revenue, USD Billion; 2019-2030)
Temperature Sensor
Pressure Sensor
Level Sensor
Force Sensor
Flow Sensor
Humidity and Moisture Sensor
Gas Sensor
Position Sensor
Image Sensor
Technology Outlook (Revenue, USD Billion; 2019-2030)
System in Package (SiP)
System on Chip (SoC)
Industry Type Outlook (Revenue, USD Billion; 2019-2030)
Chemical
Pharmaceutical
Oil & Gas
Manufacturing
Mining
Energy & Power
Others
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8 year analysis of the Global Industrial Sensors Market
Critical assessment of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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