Product Code: 4271
Global Industrial Sensors Market is slated to grow considerably through 2032 owing to the increasing preference and usage of force sensors in material handling robots.
The demand for both crude oil and natural gas is constantly on the rise due to the increasing mobility and industrialization worldwide, positively influencing the use of gas sensors. These sensors provide several benefits, including the ability to gauge combustible gases, the potential to identify fire, and the elimination of false alarms produced by vapor.
Market participants are focusing on the launch of new products to remain competitive in the global market. For instance, in September 2022, Ouster, Inc., a supplier of digital sensors, unveiled a 3D industrial lidar sensor suite that was created especially for high-volume materials management uses. The sensors OS0 and OS1 are set up to meet the rising need by producers of forklifts, pig equipment, as well as mobile autonomous robot.
The industrial sensors market has been divided in terms of product, application, and region.
Based on product, the pressure sensor segment is speculated to grow at 5% CAGR from 2023 to 2032, credited to a rise in demand for pressure sensors used in food & beverage factories. Pressure sensors are likely to take over the industrial sensor market driven by the introduction of MEMS (micro-electro-mechanical) technology, which has increased the performance and dependability of pressure sensors and widened their applications in the military, chemical, and equipment manufacturing, as well as other industries.
With respect to application, the energy & power segment is anticipated to thrive during the review years fueled by the expanding use of IoT in energy and power applications. The connection of IoT with sensor modules enables the real-time transfer of data and analysis for a variety of parameters, such as pressure, temperature, and flow rate.
From the regional perspective, the North America industrial sensors market is poised to depict over 10% CAGR from 2023 to 2032. The industrial sector is rapidly expanding in the region, which calls for more advanced automated systems, in turn propelling the demand for industrial sensors. In addition, rising government initiatives to accelerate the growth of the manufacturing industry in the region will drive the use of robotic systems, collaborative robots, as well as automated robots, further fostering regional expansion.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Definitions
- 1.2 Base estimates and calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Secondary
- 1.4.1.1 Paid sources
- 1.4.1.2 Public sources
- 1.4.2 Primary
- 1.5 Industry glossary
Chapter 2 Executive Summary
- 2.1 Industrial sensors industry 360 degree synopsis, 2018 - 2032
- 2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
- 2.3 Regional trends
- 2.4 Product trends
- 2.5 Application trends
Chapter 3 Industry Insights
- 3.1 Impact of COVID-19 pandemic
- 3.1.1 Global outlook
- 3.1.2 Regional impact
- 3.1.2.1 North America
- 3.1.2.2 Europe
- 3.1.2.3 Asia Pacific
- 3.1.2.4 Latin America
- 3.1.2.5 MEA
- 3.2 Russia-Ukraine war impact
- 3.3 China- U.S.trade war impact
- 3.4 Industry ecosystem analysis
- 3.4.1 Raw material and component suppliers
- 3.4.2 Manufacturers
- 3.4.3 Distributors
- 3.4.4 End-users
- 3.4.5 Vendor matrix
- 3.5 Profit margin analysis, 2022
- 3.6 Technology & innovation landscape
- 3.7 Patent landscape
- 3.8 Key initiative & news
- 3.9 Regulatory landscape
- 3.9.1 North America
- 3.9.2 Europe
- 3.9.3 Asia Pacific
- 3.9.4 Latin America
- 3.9.5 MEA
- 3.10 Industry impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Growing adoption of image sensors for machine vision applications in manufacturing sector
- 3.10.1.2 Rising demand for force sensors in material handling robots
- 3.10.1.3 Increasing utilization of gas sensors in oil & gas industry for process optimization
- 3.10.1.4 Growing adoption of wireless sensor technology
- 3.10.1.5 Increasing disposition towards predictive maintenance
- 3.10.1.6 Growing trend towards industrial automation and IIOT in developing nations
- 3.10.2 Industry pitfalls & challenges
- 3.10.2.1 Technological issues and high costs associated with gas sensors
- 3.11 Growth potential analysis
- 3.12 Porter's analysis
- 3.12.1 Supplier power
- 3.12.2 Buyer power
- 3.12.3 Threat of new entrants
- 3.12.4 Threat of substitutes
- 3.12.5 Internal rivalry
- 3.13 PESTEL analysis
- 3.13.1 Political
- 3.13.2 Economical
- 3.13.3 Social
- 3.13.4 Technological
- 3.13.5 Environmental
- 3.13.6 Legal
Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major market players, 2022
- 4.3.1 STMicroelectronics N.V.
- 4.3.2 TE Connectivity
- 4.3.3 Amphenol Corporation
- 4.3.4 Texas Instruments Incorporated
- 4.3.5 Analog Devices, Inc.
- 4.4 Competitive analysis of innovation leaders, 2022
- 4.4.1 ams AG
- 4.4.2 Panasonic Corporation
- 4.4.3 Honeywell International Inc.
- 4.4.4 Siemens AG
- 4.4.5 Infineon Technologies AG
- 4.5 Competitive positioning matrix
- 4.6 Strategic outlook matrix
Chapter 5 Industrial Sensors Market, By Product (Revenue and Shipments)
- 5.1 Key trends, by Product
- 5.2 Level Sensor
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.3 Temperature Sensor
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.4 Flow Sensor
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.5 Position Sensor
- 5.5.1 Market estimates and forecast, 2018 - 2032
- 5.6 Pressure Sensor
- 5.6.1 Market estimates and forecast, 2018 - 2032
- 5.7 Force Sensor
- 5.7.1 Market estimates and forecast, 2018 - 2032
- 5.8 Image Sensor
- 5.8.1 Market estimates and forecast, 2018 - 2032
- 5.9 Gas Sensor
- 5.9.1 Market estimates and forecast, 2018 - 2032
- 5.10 Others
- 5.10.1 Market estimates and forecast, 2018 - 2032
Chapter 6 Industrial Sensors Market, By Application (Revenue and Shipments)
- 6.1 Key trends, by application
- 6.2 Energy & Power
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.3 Oil & Gas
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.4 Mining
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.5 Chemical
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.6 Manufacturing
- 6.6.1 Market estimates and forecast, 2018 - 2032
- 6.7 Pharmaceuticals
- 6.7.1 Market estimates and forecast, 2018 - 2032
- 6.8 Others
- 6.8.1 Market estimates and forecast, 2018 - 2032
Chapter 7 Industrial Sensors Market, By Region (Revenue and Shipments)
- 7.1 Key trends, by region
- 7.2 North America
- 7.2.1 Market estimates and forecast, 2018-2032
- 7.2.2 Market estimates and forecast, by product, 2018 - 2032
- 7.2.3 Market estimates and forecast, by application, 2018 - 2032
- 7.2.4 U.S.
- 7.2.4.1 Market estimates and forecast, 2018-2032
- 7.2.4.2 Market estimates and forecast, by product, 2018 - 2032
- 7.2.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.2.5 Canada
- 7.2.5.1 Market estimates and forecast, 2018-2032
- 7.2.5.2 Market estimates and forecast, by product, 2018 - 2032
- 7.2.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3 Europe
- 7.3.1 Market estimates and forecast, 2018-2032
- 7.3.2 Market estimates and forecast, by product, 2018 - 2032
- 7.3.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.4 UK
- 7.3.4.1 Market estimates and forecast, 2018-2032
- 7.3.4.2 Market estimates and forecast, by product, 2018 - 2032
- 7.3.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.5 Germany
- 7.3.5.1 Market estimates and forecast, 2018-2032
- 7.3.5.2 Market estimates and forecast, by product, 2018 - 2032
- 7.3.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.6 France
- 7.3.6.1 Market estimates and forecast, 2018-2032
- 7.3.6.2 Market estimates and forecast, by product, 2018 - 2032
- 7.3.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.7 Italy
- 7.3.7.1 Market estimates and forecast, 2018-2032
- 7.3.7.2 Market estimates and forecast, by product, 2018 - 2032
- 7.3.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.8 Russia
- 7.3.8.1 Market estimates and forecast, 2018-2032
- 7.3.8.2 Market estimates and forecast, by product, 2018 - 2032
- 7.3.8.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2018-2032
- 7.4.2 Market estimates and forecast, by product, 2018 - 2032
- 7.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.4 China
- 7.4.4.1 Market estimates and forecast, 2018-2032
- 7.4.4.2 Market estimates and forecast, by product, 2018 - 2032
- 7.4.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.5 India
- 7.4.5.1 Market estimates and forecast, 2018-2032
- 7.4.5.2 Market estimates and forecast, by product, 2018 - 2032
- 7.4.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.6 Japan
- 7.4.6.1 Market estimates and forecast, 2018-2032
- 7.4.6.2 Market estimates and forecast, by product, 2018 - 2032
- 7.4.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.7 South Korea
- 7.4.7.1 Market estimates and forecast, 2018-2032
- 7.4.7.2 Market estimates and forecast, by product, 2018 - 2032
- 7.4.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.8 Thailand
- 7.4.8.1 Market estimates and forecast, 2018-2032
- 7.4.8.2 Market estimates and forecast, by product, 2018 - 2032
- 7.4.8.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5 Latin America
- 7.5.1 Market estimates and forecast, 2018-2032
- 7.5.2 Market estimates and forecast, by product, 2018 - 2032
- 7.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.4 Brazil
- 7.5.4.1 Market estimates and forecast, 2018-2032
- 7.5.4.2 Market estimates and forecast, by product, 2018 - 2032
- 7.5.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.5 Mexico
- 7.5.5.1 Market estimates and forecast, 2018-2032
- 7.5.5.2 Market estimates and forecast, by product, 2018 - 2032
- 7.5.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.6 Argentina
- 7.5.6.1 Market estimates and forecast, 2018-2032
- 7.5.6.2 Market estimates and forecast, by product, 2018 - 2032
- 7.5.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6 MEA
- 7.6.1 Market estimates and forecast, 2018-2032
- 7.6.2 Market estimates and forecast, by product, 2018 - 2032
- 7.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.4 GCC
- 7.6.4.1 Market estimates and forecast, 2018-2032
- 7.6.4.2 Market estimates and forecast, by product, 2018 - 2032
- 7.6.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.5 South Africa
- 7.6.5.1 Market estimates and forecast, 2018-2032
- 7.6.5.2 Market estimates and forecast, by product, 2018 - 2032
- 7.6.5.3 Market estimates and forecast, by application, 2018 - 2032
Chapter 8 Company Profiles
- 8.1 Amphenol Corporation
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 ams AG
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
- 8.3 Analog Devices, Inc.
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 Bosch Sensortec GmbH
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Figaro Engineering, Inc.
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
- 8.6 Honeywell International Inc.
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
- 8.7 Infineon Technologies AG
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
- 8.8 NXP Semiconductor N.V.
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
- 8.9 OMEGA Engineering Inc.
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
- 8.10 Panasonic Corporation
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis
- 8.11 Renesas Electronics Corporation
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 Strategic Outlook
- 8.11.5 SWOT Analysis
- 8.12 Rockwell Automation Inc.
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 Strategic Outlook
- 8.12.5 SWOT Analysis
- 8.13 Safran Colibrys SA
- 8.13.1 Business Overview
- 8.13.2 Financial Data
- 8.13.3 Product Landscape
- 8.13.4 Strategic Outlook
- 8.13.5 SWOT Analysis
- 8.14 Sensirion AG
- 8.14.1 Business Overview
- 8.14.2 Financial Data
- 8.14.3 Product Landscape
- 8.14.4 Strategic Outlook
- 8.14.5 SWOT Analysis
- 8.15 Siemens AG
- 8.15.1 Business Overview
- 8.15.2 Financial Data
- 8.15.3 Product Landscape
- 8.15.4 Strategic Outlook
- 8.15.5 SWOT Analysis
- 8.16 STMicroelectronics N.V.
- 8.16.1 Business Overview
- 8.16.2 Financial Data
- 8.16.3 Product Landscape
- 8.16.4 Strategic Outlook
- 8.16.5 SWOT Analysis
- 8.17 TE Connectivity
- 8.17.1 Business Overview
- 8.17.2 Financial Data
- 8.17.3 Product Landscape
- 8.17.4 Strategic Outlook
- 8.17.5 SWOT Analysis
- 8.18 Teledyne Technologies Incorporated
- 8.18.1 Business Overview
- 8.18.2 Financial Data
- 8.18.3 Product Landscape
- 8.18.4 Strategic Outlook
- 8.18.5 SWOT Analysis
- 8.19 Texas Instruments Incorporated
- 8.19.1 Business Overview
- 8.19.2 Financial Data
- 8.19.3 Product Landscape
- 8.19.4 Strategic Outlook
- 8.19.5 SWOT Analysis