Industrial Sensor Market Growth is set to expand 8.3% by 2030 | Texas Instruments, AMS AG | Increasing demand for intelligent sensors among automakers

Industrial Sensor Market Insights:

Over the past several years, the demand for industrial sensors has increased dramatically on a global scale. By 2030, it is anticipated to reach USD 41,265.7 million, growing at a CAGR of 8.3% between 2022 and 2030.

The industrial sensor market has been divided into segments based on geography, end-user industry, technology, sensor type, and kind. The pressure sensor, position sensor, gas sensor, image sensor, magnetic sensor, an electromagnetic sensor, temperature sensor, and others are the different types of sensors available on the global market.

In a variety of sectors, including the pharmaceutical, food, hydropower, petrochemical, metallurgy, printing and dyeing, and others, temperature sensors are widely used. The most often monitored physical characteristic in industrial production is temperature, which is easily tracked by a variety of sensors. A temperature sensor is a device that converts temperature readings from its environment into predetermined values. The most common temperature and humidity sensors used in industrial automation are digital ones. Almost every process or environmental situation has a suitable sensor type. The smart sensor integrates signal filtering, MEMS technology, and firmware to meet the low-cost and simple-to-use perception requirements of industrial design engineers while greatly reducing the design engineers’ development effort.

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Industrial Sensor Market Key Players:

Amphenol Corporation, Dwyer Instruments, Bosch Sensortec , OMEGA ENGINEERING , SENSIRION AG, AMS AG , MICROCHIP TECHNOLOGY INC. , ABB LTD., Rockwell Automation, Honeywell International, Texas Instruments, Panasonic Corporation, STMicroelectronics.

Industrial Sensor Market Regional Analysis:

Region-based industrial sensor market segmentation for industrial sensors includes North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In terms of market share, North America dominated the industrial sensor market in 2021, while Asia-Pacific came in second. During the forecast period, 2022-2030, Asia-Pacific is anticipated to expand at the highest rate in the industrial sensor market.

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Industrial Sensor Market Segmentation:

The global industrial sensor market has been divided into distinct submarkets depending on the sensor type, technology, end-user industry, and other criteria.

Various types of sensors are classified as follows: pressure sensors, position sensors, gas sensors, image sensors, magnetic sensors, electromagnetic sensors, and temperature sensors.

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Contact and non-contact types are classified here.

By Technology: Micro-Electro-Mechanical Systems (MEMS) Technology, Micro-Electro-Mechanical Systems (MEMS) gyroscopes, Micro-Electro-Mechanical Systems (MEMS) pressure sensors, Absolute pressure sensors, Vacuum pressure sensors, Sealed pressure sensors, Gauge pressure sensor, Differential pressure sensor, MEMS magnetic field sensors; Complementary Metal Oxide Semiconductor (CMOS) Technology; Nanoelectromechanical

Industries that are considered to be end users include oil and gas, pharmaceuticals, chemicals, and manufacturing, among others.

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