According to a market report by Lucintel, the future of the global industrial sensors market looks promising with opportunities in the manufacturing, oil & gas, chemical, pharmaceutical, energy & power and mining markets. The global industrial sensors market is expected to reach an estimated $40 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rising adoption of industrial 4.0 and IoT in manufacturing, rising demand for smart sensor-enabled wearable devices, and improvements in industrial sensor technology.
In this market, image
sensor, pressure sensor, temperature sensor, level sensors, position sensor,
humidity sensor and force sensor are the major segments of industrial sensors
market by sensor type.
Lucintel forecast that
image sensor is expected to witness highest growth over the forecast period.
Within this market,
manufacturing will remain the largest segment.
APAC is expected to
witness highest growth over the forecast period.
Honeywell, Texas
Instruments, Siemens, STMicroelectronics, Amphenol Corporation, TE Connectivity,
Rockwell Automation, NXP Semiconductors, Infineon Technologies, and Renesas
Electronics are the major suppliers in the industrial sensors market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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