01-Aug-2019 | Zion Market Research
Zion Market Research has published a new report titled “Industrial Sensors Market by Product (Image Sensor, Level Sensor, Pressure Sensor, Gas Sensor, Temperature Sensor, Position Sensor, Force Sensor, Flow Sensor, and Humidity & Moisture Sensor), by Positional Type (Contact and Non-Contact), and by End-Use Industry (Oil and Gas, Manufacturing, Water and Wastewater, Pharmaceuticals, Power Generation, Chemicals, Mining, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global industrial sensors market was USD 16 billion in 2018 and is expected to reach around USD 24.3 billion by 2025, at a CAGR of 6.16% between 2019 and 2025.
Industrial sensors play a vital role in various end-user industries, as aid one to analyze, measure, process, and detect a wide range of changes, such as length, position, exterior, height, temperature, pressure, and dislocation, happening in and around the industrial manufacturing locations. The industrial sensors have a wide range of applications, ranging from oil and gas, manufacturing, water and wastewater, pharmaceuticals, power generation, chemicals, mining, and other applications. The global industrial sensors market is likely to experience significant growth over the upcoming years, owing to rising demand for industrial sensors by the growing Industrial 4.0 and industrial internet of things (IIoT) and growing awareness about industrial sensors measures among all end-user industries. The increasing use of wireless sensors and rising demand for industrial robots are expected to further propel the industrial sensors market in the upcoming years. However, the huge initial investments for the installation of industrial sensors systems may limit the global industrial sensors market development.
Browse the full “Industrial Sensors Market by Product (Image Sensor, Level Sensor, Pressure Sensor, Gas Sensor, Temperature Sensor, Position Sensor, Force Sensor, Flow Sensor, and Humidity & Moisture Sensor), by Positional Type (Contact and Non-Contact), and by End-Use Industry (Oil and Gas, Manufacturing, Water and Wastewater, Pharmaceuticals, Power Generation, Chemicals, Mining, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/industrial-sensors-market
The industrial sensors market is fragmented into sensor type, positional type, and end-use industry. By sensor type, the industrial sensors market is categorized into humidity and moisture sensor, image sensor, pressure sensor, gas sensor, force sensor, position sensor, flow sensor, temperature sensor, and level sensor. Pressure sensors are anticipated to be the fastest-growing segment in the industrial sensors market in the future.
Based on the positional type, the market for industrial sensors includes contact and non-contact types. The non-contact type segment was the fastest growing in the global market and accounted for a significant share in 2018.
The end-use industry segment of the industrial sensors market comprises mining, pharmaceuticals, oil and gas, chemicals, water and wastewater, manufacturing, power generation, and others. In 2018, the power generation segment dominated the industrial sensors market globally.
In 2018, Europe was the largest for industrial sensors market globally, due to the stringent regulatory standards and safety directives across the region. The Asia Pacific industrial sensors market is anticipated to be the fastest-growing region over the next few years, owing to the swift urbanization and rapid industrialization across the region. China and India are rapidly growing countries for industrial sensors market in the years ahead.
Some major players of the global industrial sensors market are Honeywell, Rockwell Automation, Panasonic, Texas Instruments, First Sensor, STMicroelectronics, Amphenol Corporation, Siemens, Bosch Sensortec, Integrated Device Technology, TE Connectivity, Safran Colibrys, Sensirion, Omega Engineering, Microchip, AMS, Endress+Hauser Management, NXP Semiconductors, Figaro Engineering, and Teledyne Technologies.
This report segments the global industrial sensors market into:
Global Industrial Sensors Market: Product Analysis
Global Industrial Sensors Market: Positional Type Analysis
Global Industrial Sensors Market: End-Use Industry Analysis
Global Industrial Sensors Market: Regional Analysis
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