Industrial Sensor Market Report 2025

This Industrial Sensor market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The industrial sensor market size has grown strongly in recent years. It will grow from $22.93 billion in 2024 to $25.02 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increase in automation and control, increased demand for quality control, rise in demand for predictive maintenance, rise in environmental monitoring, rise in demand for energy efficiency.

The industrial sensor market size is expected to see strong growth in the next few years. It will grow to $35.36 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to rising sustainability and green manufacturing, rising regulatory changes, growing demand in healthcare and medical devices markets, rising demand in predictive analytics sector. Major trends in the forecast period include iot and industry 4 integration, wireless and iot connectivity, miniaturization and mems sensors, smart sensors, edge computing.

The growth of the industrial sensor market is significantly propelled by the increasing trend towards industrial automation. Industrial sensors play a critical role in enabling intelligent and self-contained processes within industrial automation. They facilitate the detection, evaluation, measurement, and processing of various changes that occur in manufacturing facilities, encompassing shifts in position, length, height, exterior, and dislocation. These sensing devices also enable robotic procedures like deburring, grinding, polishing, and sanding. A survey conducted by Switzerland-based ABB Robotics in 2021 with 250 UK industrial organizations revealed a notable shift towards favoring automation, with 81.2% of companies expressing a preference for it. Additionally, in October 2021, the Saudi Ministry of Industry and Mineral Resources unveiled a Fourth Industrial Revolution (4IR) strategy aimed at transitioning 4,000 sectors from heavy reliance on foreign labor to digital automation within the next five years. Hence, the surge in industrial automation is anticipated to drive the industrial sensor market in the forecast period.

The escalating use of IoT is poised to be a key driver for the industrial sensor market's growth. IoT involves the deployment of network-connected sensors and monitoring devices to enhance the manufacturing processes and product quality within organizations. Industrial sensors play a crucial role in enabling real-time data collection and monitoring in IoT systems. For example, in 2023, TAdviser, a US-based internet portal and analytical agency, reported an 18% growth in global Internet of Things connections in 2022 compared to the previous year, totaling 14.3 billion devices. Therefore, the increased adoption of IoT is a driving force behind the industrial sensor market.

Technological advancement is an increasingly prominent trend in the industrial sensor market. This progress provides a competitive edge and enables companies to develop more precise, real-time control solutions to address challenges posed by long-term exposure to hydrogen gas, which can adversely affect the performance of pressure sensors. For example, in September 2023, US-based oil field services company Baker Hughes launched its Druck hydrogen-rated pressure sensors. Designed for long-term stability in harsh environments, these sensors cater to applications such as gas turbines, hydrogen electrolysis production, and hydrogen filling stations. They counteract the detrimental effects of hydrogen on sensor performance through the use of high-performance barrier coating technology, ensuring a minimum lifespan of five years. The new sensors are available in two ranges, spanning from 700 mbar to 700 mbar.

Leading companies in the industrial sensor market are introducing machine vision sensors like the In-Sight SnAPP vision sensor to provide user-friendly solutions. The In-Sight SnAPP vision sensor is designed for automated inspection tasks, including presence/absence detections and defect spotting. In September 2023, US-based system software company Cognex Corporation launched this user-friendly sensor, equipped with pretrained embedded AI, eliminating the need for extensive training or software installation. Accessible via a web-based interface, it features a 1.6 MPixel 1/2.8-in CMOS image sensor with a pixel size of 2.8 μm.

In November 2023, YAGEO Corporation, a Taiwan-based electronics company, acquired Telemecanique Sensors for an undisclosed amount. This acquisition is intended to strengthen YAGEO Corporation's portfolio in the industrial automation and sensing technology markets, enabling it to address evolving customer needs in a rapidly changing technological landscape. Telemecanique Sensors is a France-based manufacturer of sensors used across various industries.

Major companies operating in the industrial sensor market include Rockwell Automation Inc., Honeywell International Inc., TE Connectivity Ltd., Panasonic Corporation, STMicroelectronics N.V., First Sensor AG, Siemens Aktiengesellschaft, Amphenol Corporation, Bosch Sensortec GmbH, NXP Semiconductors N.V., Renesas Electronics Corporation, Teledyne Digital Imaging Inc., Figaro Engineering Inc., Endress+Hauser Group, Safran Colibrys SA, Integrated Device Technology Inc., Infineon Technologies AG, Sony Corporation, BorgWarner Inc., Emerson Electric Co., General Electric Company, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments Incorporated, Omega Engineering Inc., Sick AG, ABB Limited, Omron Corporation, ams OSRAM AG, Balluff GmbH, Micro-Epsilon Messtechnik GmbH & Co. KG.

Asia-Pacific was the largest region in the industrial sensor market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An industrial sensor comprises an input device that generates an output signal corresponding to a specific physical quantity or input. Its purpose is to oversee, analyze, and process various alterations within the industrial manufacturing process.

The primary types of industrial sensors encompass image sensors, pressure sensors, temperature sensors, level sensors, position sensors, humidity sensors, force sensors, and other specialized sensors. Image sensors are employed to convert an optical image into an electronic signal, commonly utilized in imaging devices to transform received light into a digital image. Industrial sensors operate in two main modes: contact and non-contact, catering to a diverse range of end-users including manufacturing, oil and gas, chemicals, pharmaceuticals, energy and power, as well as mining.

The industrial sensor market research report is one of a series of new reports that provides industrial sensor market statistics, including industrial sensor industry global market size, regional shares, competitors with an industrial sensor market share, detailed industrial sensor market segments, market trends and opportunities, and any further data you may need to thrive in the industrial sensor industry. This industrial sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial sensor market consists of sales of pressure sensors, level sensors, infrared sensors, and proximity sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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