Industrial Sensors Market by Product Type, Distribution Channel, End User 2022-2027

Author: Elena Anderson

Marketing Manager

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Global Industrial Sensors Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Industrial Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2 022-2027

," the global industrial sensors market is expected to exhibit a CAGR of 9.1% during 2022-2027.

Industrial sensors are electronic devices that detect environmental changes and provide corresponding outputs and signals. They sense physical input, such as pressure, heat, light, voltage, moisture, and pressure, and respond by generating an output on the display screen for transmitting the information for further processing.

Industrial sensors are widely used to measure, detect, and sense changes in the temperature, position, electrical current, and multiple parameters of industrial equipment. They aid in accelerating production processes, ensuring accurate positioning of mechanical components, increasing productivity, and providing feedback regarding their operational condition.

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Global Industrial Sensors Market Trends:

The growing need for industrial automation across the globe is creating a positive outlook for the market. Industrial sensors are widely used to achieve increased productivity, higher accuracy, lower labor costs, and reduced energy usage. In line with this, the widespread product adoption to measure physical, chemical, or biological quantities with accuracy and repeatability is favoring the market growth. Apart from this, various advancements in technology, such as the integration of artificial intelligence (AI) and the Internet of Things (IoT)-enabled smart sensors that help monitor and predict machine breakdowns, are providing an impetus to the market growth. Moreover, the increasing product demand in various industries to monitor plant assets, improve workplace safety, maximize output, and run equipment fault diagnostics is propelling the market growth. Other factors, including the widespread adoption of image sensors, extensive research and development (R&D) activities, and the introduction of industrial sensors with on-chip processing, real-time decision making, and signal processing capabilities, are anticipated to drive the market toward growth.

Looking forward, IMARC Group expects the market to reach US$ 34.87 Billion by 2027, exhibiting at a CAGR of 9.10% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/industrial-sensors-market

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Key Market Segmentation

The research report includes the following segments:

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

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape with Key Players:

• 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

• Texas Instruments Incorporated

1. How has the global industrial sensors market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global industrial sensors market?

3. What are the key regional markets?

4. What is the breakup of the market based on the sensor?

5. What is the breakup of the market based on the type?

6. What is the breakup of the market based on the end use industry?

7. What are the various stages in the value chain of the industry?

8. What are the key driving factors and challenges in the industry?

9. What is the structure of the global industrial sensors market and who are the key players?

10. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/industrial-sensors-market/toc

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