Industrial Sensors World Market

Industrial Sensors can be described as components that are employed for measuring a range of physical quantities, such as temperature, pressure, humidity, flow rate and proximity, among others. A major advantage of these sensors is that they can provide real-time data, which allows operators in rapidly identifying and responding to any process alterations, due to which the chance of errors is minimized and final output is improved.

According to this report, the global market for Industrial Sensors is estimated at US$25.8 billion in 2023 and is projected to reach US$48.6 billion by 2029 at a CAGR of 11.1% between 2023 and 2029.

The fabrication of Industrial Sensors enables them to endure tough operating conditions, such as high temperatures, humidity and vibrations, because of which they are employed in a wide range of application areas. Quite often, sensors are combined with other devices, such as actuators and controllers, for automating industrial processes and enhancing efficiency.

Some of the more important areas where industrial sensors have been and are being widely utilized can be summarized as under:

• Apart from being used for auto-rotating device displays, accelerometers are also widely used in the navigation systems of modern aerospace equipment.
• Heavy machinery and electrical equipment are frequently integrated with infrared sensors for activating safe shutdown in cases where temperatures rise to abnormal and possibly dangerous levels.
• Shutdown switches equipped with motion sensors enable in detecting potentially hazardous movement in mechanical parts that are faulty, such as worn bearings, which could pose a heavy burden on costs if not deactivated swiftly. These sensors also find application in commercial security systems for intruder detection.
• The use of temperature sensors, such as thermocouples, is quite common in chemical engineering facilities. Their ability to withstand a high range of temperatures make these sensors ideal for monitoring even minute heat changes that indicate a chemical reaction. Nanothermometry is an evolving area that has been successful in measuring temperature differentials between nanometer-sized particles, with bright prospects for the future.
• Photoelectric sensors can be employed for detecting solid objects with one-way light barriers in freight elevators.

This world market compendium, analyzes the market for Industrial Sensors at high level by type, functionality, end-user and geographic region. The market is studied for historical/current trends and future forecast in terms of value in US$ for 2020, 2023 and 2029.

Sensor Type

• Accelerometers
• Flow Sensors
• Force Sensors
• Gas Sensors
• Humidity Sensors
• Image Sensors
• Level Sensors
• Optical Sensors
• Position Sensors
• Pressure Sensors
• Proximity Sensors
• Temperature Sensors
• Touch Sensors

Functionality Type

• Contact Sensors
• Contactless Sensors

End-Use Industry

• Aerospace & Defense
• Automotive
• Chemical
• Electronics
• Energy & Power
• IT & Telecom
• Manufacturing
• Mining
• Oil & Gas
• Pharmaceutical

Geographic Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

This report provides the estimates and forecast for global Industrial Sensors market. The study also provides the key market developments and a list of major players in this market that are cited.