Global Industrial Sensors Strategic Business Report 2023: Sector is Expected to Reach $47.7 Billion by 2030


Dublin, Nov. 03, 2023 (GLOBE NEWSWIRE) -- The "Industrial Sensors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages292
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$25.9 Billion
Forecasted Market Value (USD) by 2030$47.7 Billion
Compound Annual Growth Rate7.9%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • Industrial Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/p5w097

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Global Market for Industrial Sensors

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