Industrial Sensors - Global Strategic Business Report

Global Industrial Sensors Market to Reach $47.7 Billion by 2030

The global market for Industrial Sensors estimated at US$25.9 Billion in the year 2022, is projected to reach a revised size of US$47.7 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Level Sensors, one of the segments analyzed in the report, is projected to record 8.1% CAGR and reach US$12.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Pressure Sensors segment is readjusted to a revised 7.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.9 Billion, While China is Forecast to Grow at 11.7% CAGR

The Industrial Sensors market in the U.S. is estimated at US$6.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.8 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Select Competitors (Total 138 Featured) -

• Amphenol Corporation
• ams AG
• Bosch Sensortec GmbH
• Endress+Hauser AG
• Figaro Engineering, Inc.
• First Sensor AG
• Honeywell International, Inc.
• Integrated Device Technology, Inc.
• Microchip Technology, Inc.
• NXP Semiconductors NV
• Omega Engineering, Inc.
• Panasonic Corporation
• Rockwell Automation, Inc.
• Safran Colibrys SA
• Sensirion AG
• Siemens AG
• STMicroelectronics NV
• TE Connectivity Ltd.
• Teledyne Technologies, Inc.
• Texas Instruments, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
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• Complimentary updates for one year