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North America Industrial Sensors Market Size, Share & Trends Analysis Report By Sensor Type, By Type, By End User (Manufacturing, Oil & Gas, Chemical, Pharmaceuticals, Energy & Power, and Mining), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 162 Pages
  • February 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5943275
The North America Industrial Sensors Market would witness market growth of 8.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 31,595.8 thousand units, showcasing a growth of 11% (2019-2022).

Moreover, sensors measure pollutant levels, particulate matter, and gas concentrations to assess air quality in industrial areas and urban environments. Sensors detect parameters like pH, dissolved oxygen, and contaminants in water bodies, ensuring environmental compliance. Many sensors also aid in monitoring the condition of mining equipment, detecting faults and optimizing maintenance schedules for increased operational efficiency. Gas sensors ensure the safety of workers by detecting harmful gases in mines. Additionally, sensors in urban areas monitor traffic flow, detect vehicle congestion, and optimize traffic signal timings for improved transportation. Sensors in waste bins monitor fill levels, optimizing waste collection routes and reducing operational costs.

Furthermore, multi-sensor fusion involves combining data from different types of sensors to obtain a more comprehensive understanding of the environment. Integrating data from sensors that measure various parameters enhances accuracy and reliability, especially in complex industrial settings. Industrial sensors are becoming more flexible and adaptable to diverse applications. Modular sensor designs and configurable settings allow industries to customize sensor deployments based on specific requirements, promoting versatility across different use cases.

The industrial sensors market tends to rise in Mexico due to the nation's expansion in the energy sector. The shift towards a more sustainable and diverse energy portfolio in Mexico aligns with the global emphasis on environmental responsibility. Therefore, increasing production of natural gas and energy in the region is propelling the growth of the market.

The US market dominated the North America Industrial Sensors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,632.1 Million by 2030. The Canada market is experiencing a CAGR of 10.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10% during (2023 - 2030).

Based on Sensor Type, the market is segmented into Pressure Sensor, Image Sensor, Position Sensor, Level Sensor, Humidity Sensor, Force Sensor, Flow Sensor, Temperature Sensor and Gas Sensor. Based on Type, the market is segmented into Contact Sensors and Non-contact Sensors. Based on End User, the market is segmented into Manufacturing, Oil & Gas, Chemical, Pharmaceuticals, Energy & Power, and Mining. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Rockwell Automation, Inc.
  • Honeywell International, Inc.
  • Texas Instruments, Inc.
  • Panasonic Holdings Corporation
  • STMicroelectronics N.V.
  • TE Connectivity Ltd.
  • Siemens AG
  • Amphenol Corporation
  • Bosch Sensortec GmbH
  • Dwyer Instruments, LLC.

Market Report Segmentation

By Sensor Type (Revenue, Thousand Units, USD Billion, 2019-2030)
  • Pressure Sensor
  • Image Sensor
  • Position Sensor
  • Level Sensor
  • Humidity Sensor
  • Force Sensor
  • Flow Sensor
  • Temperature Sensor
  • Gas Sensor
By Type (Revenue, Thousand Units, USD Billion, 2019-2030)
  • Contact Sensors
  • Non-contact Sensors
By End User (Revenue, Thousand Units, USD Billion, 2019-2030)
  • Manufacturing
  • Oil & Gas
  • Chemical
  • Pharmaceuticals
  • Energy & Power
  • Mining
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Industrial Sensors Market, by Sensor Type
1.4.2 North America Industrial Sensors Market, by Type
1.4.3 North America Industrial Sensors Market, by End User
1.4.4 North America Industrial Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Jan - 2023, Dec) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Industrial Sensors Market by Sensor Type
5.1 North America Pressure Sensor Market by Country
5.2 North America Image Sensor Market by Country
5.3 North America Position Sensor Market by Country
5.4 North America Level Sensor Market by Country
5.5 North America Humidity Sensor Market by Country
5.6 North America Force Sensor Market by Country
5.7 North America Flow Sensor Market by Country
5.8 North America Temperature Sensor Market by Country
5.9 North America Gas Sensor Market by Country
Chapter 6. North America Industrial Sensors Market by Type
6.1 North America Contact Sensors Market by Country
6.2 North America Non-contact Sensors Market by Country
Chapter 7. North America Industrial Sensors Market by End User
7.1 North America Manufacturing Market by Country
7.2 North America Oil & Gas Market by Country
7.3 North America Chemical Market by Country
7.4 North America Pharmaceuticals Market by Country
7.5 North America Energy & Power Market by Country
7.6 North America Mining Market by Country
Chapter 8. North America Industrial Sensors Market by Country
8.1 US Industrial Sensors Market
8.1.1 US Industrial Sensors Market by Sensor Type
8.1.2 US Industrial Sensors Market by Type
8.1.3 US Industrial Sensors Market by End User
8.2 Canada Industrial Sensors Market
8.2.1 Canada Industrial Sensors Market by Sensor Type
8.2.2 Canada Industrial Sensors Market by Type
8.2.3 Canada Industrial Sensors Market by End User
8.3 Mexico Industrial Sensors Market
8.3.1 Mexico Industrial Sensors Market by Sensor Type
8.3.2 Mexico Industrial Sensors Market by Type
8.3.3 Mexico Industrial Sensors Market by End User
8.4 Rest of North America Industrial Sensors Market
8.4.1 Rest of North America Industrial Sensors Market by Sensor Type
8.4.2 Rest of North America Industrial Sensors Market by Type
8.4.3 Rest of North America Industrial Sensors Market by End User
Chapter 9. Company Profiles
9.1 Rockwell Automation, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Honeywell International, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Texas Instruments, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Panasonic Holdings Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 STMicroelectronics N.V.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 TE Connectivity Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Siemens AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Amphenol Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Bosch Sensortec GmbH (Robert Bosch GmbH)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Dwyer Instruments, LLC. (Arcline Investment Management LP)
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Rockwell Automation, Inc.
  • Honeywell International, Inc.
  • Texas Instruments, Inc.
  • Panasonic Holdings Corporation
  • STMicroelectronics N.V.
  • TE Connectivity Ltd.
  • Siemens AG
  • Amphenol Corporation
  • Bosch Sensortec GmbH
  • Dwyer Instruments, LLC.

Methodology

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