The global industrial sensors market size is expected to reach USD 38.82 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Growing application of Industry 4.0 in supply chains is expected to increase adoption rates of industrial sensors going ahead. The growing trend of digital transformation of manufacturing and related industries and value creation processes is increasing popularity of Industry 4.0. Enhanced productivity through optimization and automation, and higher business continuity through advanced maintenance and monitoring possibilities are some key benefits which are increasing deployment of Industry 4.0 and demand for industrial sensors.
The study aims to provide a forecast of the growth of the industrial sensors market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Key Players Profiled in the Report are:
Rockwell Automation, Honeywell International Inc., Texas Instruments, Panasonic Corporation, STMicroelectronics, Siemens AG, Amphenol Corporation, Bosch Sensortec, TE Connectivity, and Omega Engineering.
Key Questions Answered in the Report:
What is the growth rate of the Industrial Sensors market? What is the anticipated market valuation of Industrial Sensors industry by 2027?
What are the key growth driving and restraining factors of the Industrial Sensors market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Industrial Sensors industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Emergen Research has segmented the global industrial sensors market on the basis of sensor, end-use, and region:
Sensor Outlook (Revenue, USD Billion; 2018–2028)
- Temperature Sensor
- Pressure Sensor
- Level Sensor
- Force Sensor
- Flow Sensor
- Humidity and Moisture Sensor
- Gas Sensor
- Position Sensor
- Image Sensor
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Oil & Gas
- Energy & Power
Regional Analysis of the Industrial Sensors Market:
- 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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