Industrial Sensors Market for Business Growth is Enhanced by Revolutionary Steps Taken by Major Compotators
Posted on 20 June, 2022 by vandana manturgekar
The global industrial sensors market size is expected to reach USD 38.82 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Growing application of Industry 4.0 in supply chains is expected to increase adoption rates of industrial sensors going ahead. The growing trend of digital transformation of manufacturing and related industries and value creation processes is increasing popularity of Industry 4.0. Enhanced productivity through optimization and automation, and higher business continuity through advanced maintenance and monitoring possibilities are some key benefits which are increasing deployment of Industry 4.0 and demand for industrial sensors.
The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
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Key Players Profiled in the Report are:
Rockwell Automation, Honeywell International Inc., Texas Instruments, Panasonic Corporation, STMicroelectronics, Siemens AG, Amphenol Corporation, Bosch Sensortec, TE Connectivity, and Omega Engineering.
Key Questions Answered in the Report:
What is the growth rate of the Industrial Sensors market? What is the anticipated market valuation of Industrial Sensors industry by 2027?
What are the key growth driving and restraining factors of the Industrial Sensors market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Industrial Sensors industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Emergen Research has segmented the global industrial sensors market on the basis of sensor, end-use, and region:
Sensor Outlook (Revenue, USD Billion; 2018–2028)
- Temperature Sensor
- Pressure Sensor
- Level Sensor
- Force Sensor
- Flow Sensor
- Humidity and Moisture Sensor
- Gas Sensor
- Position Sensor
- Image Sensor
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Chemical
- Pharmaceutical
- Oil & Gas
- Manufacturing
- Mining
- Energy & Power
Regional Analysis of the Industrial Sensors Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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29 August, 2020