Market Overview:
The global industrial sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial sensors across different industries, such as energy & power, oil & gas, mining, chemical and manufacturing. Additionally, the growing adoption of Industrial Internet of Things (IIoT) is also contributing to the growth of this market. Based on type, the global industrial sensors market can be segmented into level sensor, temperature sensor, flow sensor, position sensor and pressure sensor. Among these segments, level sensors are expected to witness highest growth during the forecast period owing to their increasing demand in various industries such as water treatment and wastewater management. Temperature sensors are also witnessing high demand due their use in monitoring temperature variations in various processes across different industries. Based on application area,,the global industrial Sensors Market can be divided into energy & power sector,,oil & gas sector,,mining sector,,chemical sector,,manufacturing sector and others,.Among these sectors,..
Product Definition:
Industrial sensors are devices used to measure and control physical or chemical properties in a manufacturing or industrial setting. They are important because they allow machines and processes to be controlled and monitored, which leads to increased efficiency, accuracy, and safety.
Level Sensor:
The level sensor is a device used to measure the liquid level in tanks and vessels. It consists of an electrical conductor, which is submerged in the liquid to be measured, and a sensing mechanism that produces an output signal proportional to the level of liquid being measured. Level sensors are widely used for monitoring purposes in industries such as food & beverages, pharmaceuticals, chemicals manufacturing among others.
Temperature Sensor:
A temperature sensor is an electronic device that generates a signal in response to the temperature. It can be used for measuring ambient air, liquid, or another physical phenomenon. The most commonly used sensors are thermometers because they are the most basic devices for measuring and detecting temperature.
Application Insights:
The manufacturing sector accounted for the largest revenue share of over 30% in 2017 and is expected to continue its dominance over the forecast period. The sensors used in this industry are designed and manufactured according to customer requirements. These devices provide accurate measurements of pressure, volume, temperature, flow rate & velocity as well as other parameters. They are widely used in various industries such as oil & gas, chemical, food processing etc., owing to their ability to measure small changes in real-time and deliver accurate results.
The energy & power segment is anticipated witness a CAGR of XX% from 2018 to 2030 due primarily on the growing need for monitoring electrical power generation assets across numerous plants globally coupled with increasing investments by governments towards renewable energy sources such as solar and wind farms which require precise measurement tools for sizing purposes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of a large number of sensor manufacturers and OEMs in countries, such as China, Japan, and South Korea. The region is expected to maintain its dominance over the forecast period due to increasing demand from end-use industries for industrial sensors with high accuracy and precision.
The growing manufacturing sector across emerging economies including India, China, Indonesia has resulted in increased demand for sensors from various applications including energy & power (VFDs), HVAC (thermostats), water treatment plants (valves & gauges), food processing equipment among others. Increasing investments by governments across developing nations coupled with favorable government policies aimed at promoting domestic manufacturing activities are some factors that are anticipated to drive regional growth over the forecast period. North America is also expected to witness considerable growth rate during the same period owing on account of rising oil production mainly in U.
Growth Factors:
- Increasing demand from the automotive industry for sensors to monitor various parameters in vehicles for safety and efficiency reasons
- Rapid industrialization in emerging economies such as China and India, which is resulting in an increase in the number of factories and plants that need sensors for monitoring purposes
- Rising demand from the oil & gas industry for sensors to detect leaks and other faults in pipelines, refineries, etc.
- Growing popularity of IoT-based solutions that use sensor data to improve operational efficiency across industries
- Proliferation of smart cities projects around the world, which are expected to drive significant growth opportunities for industrial sensors market
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Sensors Market Research Report
By Type
Level Sensor, Temperature Sensor, Flow Sensor, Position Sensor, Pressure Sensor, Others
By Application
Energy & Power, Oil & Gas, Mining, Chemical, Manufacturing, Others
By Companies
ATI Industrial Automation, FANUC, FUTEK Advanced Sensor Technology, Honeywell, AMS, Cognex, OTC Daihen, Hermary Opto Electronics, iniLabs, MaxBotix, ATI Industrial Automation, Roboception, EPSON, Tekscan, Omron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Sensors Market Report Segments:
The global Industrial Sensors market is segmented on the basis of:
Types
Level Sensor, Temperature Sensor, Flow Sensor, Position Sensor, Pressure Sensor, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy & Power, Oil & Gas, Mining, Chemical, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ATI Industrial Automation
- FANUC
- FUTEK Advanced Sensor Technology
- Honeywell
- AMS
- Cognex
- OTC Daihen
- Hermary Opto Electronics
- iniLabs
- MaxBotix
- ATI Industrial Automation
- Roboception
- EPSON
- Tekscan
- Omron
Highlights of The Industrial Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Level Sensor
- Temperature Sensor
- Flow Sensor
- Position Sensor
- Pressure Sensor
- Others
- By Application:
- Energy & Power
- Oil & Gas
- Mining
- Chemical
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial sensors are devices that are used in industrial settings to measure physical or chemical properties of the environment. They can be used to detect pollutants, temperature, pressure, and other variables.
Some of the major players in the industrial sensors market are ATI Industrial Automation, FANUC, FUTEK Advanced Sensor Technology, Honeywell, AMS, Cognex, OTC Daihen, Hermary Opto Electronics, iniLabs, MaxBotix, ATI Industrial Automation, Roboception, EPSON, Tekscan, Omron.
The industrial sensors market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Sensors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Sensors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Sensors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Sensors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Sensors Market Size & Forecast, 2018-2028 4.5.1 Industrial Sensors Market Size and Y-o-Y Growth 4.5.2 Industrial Sensors Market Absolute $ Opportunity
Chapter 5 Global Industrial Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Sensors Market Size Forecast by Type
5.2.1 Level Sensor
5.2.2 Temperature Sensor
5.2.3 Flow Sensor
5.2.4 Position Sensor
5.2.5 Pressure Sensor
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Sensors Market Size Forecast by Applications
6.2.1 Energy & Power
6.2.2 Oil & Gas
6.2.3 Mining
6.2.4 Chemical
6.2.5 Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Sensors Market Size Forecast by Type
9.6.1 Level Sensor
9.6.2 Temperature Sensor
9.6.3 Flow Sensor
9.6.4 Position Sensor
9.6.5 Pressure Sensor
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Sensors Market Size Forecast by Applications
9.10.1 Energy & Power
9.10.2 Oil & Gas
9.10.3 Mining
9.10.4 Chemical
9.10.5 Manufacturing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Sensors Market Size Forecast by Type
10.6.1 Level Sensor
10.6.2 Temperature Sensor
10.6.3 Flow Sensor
10.6.4 Position Sensor
10.6.5 Pressure Sensor
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Sensors Market Size Forecast by Applications
10.10.1 Energy & Power
10.10.2 Oil & Gas
10.10.3 Mining
10.10.4 Chemical
10.10.5 Manufacturing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Sensors Market Size Forecast by Type
11.6.1 Level Sensor
11.6.2 Temperature Sensor
11.6.3 Flow Sensor
11.6.4 Position Sensor
11.6.5 Pressure Sensor
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Sensors Market Size Forecast by Applications
11.10.1 Energy & Power
11.10.2 Oil & Gas
11.10.3 Mining
11.10.4 Chemical
11.10.5 Manufacturing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Sensors Market Size Forecast by Type
12.6.1 Level Sensor
12.6.2 Temperature Sensor
12.6.3 Flow Sensor
12.6.4 Position Sensor
12.6.5 Pressure Sensor
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Sensors Market Size Forecast by Applications
12.10.1 Energy & Power
12.10.2 Oil & Gas
12.10.3 Mining
12.10.4 Chemical
12.10.5 Manufacturing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Sensors Market Size Forecast by Type
13.6.1 Level Sensor
13.6.2 Temperature Sensor
13.6.3 Flow Sensor
13.6.4 Position Sensor
13.6.5 Pressure Sensor
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Sensors Market Size Forecast by Applications
13.10.1 Energy & Power
13.10.2 Oil & Gas
13.10.3 Mining
13.10.4 Chemical
13.10.5 Manufacturing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Sensors Market: Competitive Dashboard
14.2 Global Industrial Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ATI Industrial Automation
14.3.2 FANUC
14.3.3 FUTEK Advanced Sensor Technology
14.3.4 Honeywell
14.3.5 AMS
14.3.6 Cognex
14.3.7 OTC Daihen
14.3.8 Hermary Opto Electronics
14.3.9 iniLabs
14.3.10 MaxBotix
14.3.11 ATI Industrial Automation
14.3.12 Roboception
14.3.13 EPSON
14.3.14 Tekscan
14.3.15 Omron