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Industrial Sensors Market| Key players include: Rockwell Automation, Honeywell, Amphenol Corporation, Texas Instruments, Panasonic, STMicroelectronics, First Sensor
MarketsandMarkets?
The growth of this market is driven by growing Industrial 4.0 and IIoT, surging wireless sensors market, and burgeoning demand for industrial robots.
Browse 67 market data Tables and 34 Figures spread through 126 Pages and in-depth TOC on "Industrial Sensors Market - Global Forecast to 2023"
View detailed Table of Content here: https://www.marketsandmarkets.com/Market-Reports/industrial-sensor-market-108042398.html
Scope of the Report:
Industrial Sensors Market, by Sensor
• Level Sensor
• Image Sensor
• Gas Sensor
• Pressure Sensor
• Position Sensor
• Temperature Sensor
• Flow Sensor
• Force Sensor
• Humidity & Moisture Sensor
Industrial Sensors Market, by Type
• Contact
• Noncontact
Industrial Sensors Market, by Application
• Manufacturing
• Chemicals
• Pharmaceuticals
• Energy & Power
• Mining
• Oil & Gas
Industrial Sensors Market, by Geography
• North America (US, Canada, and Mexico)
• Europe (UK, Germany, France, Russia, Italy, and the Rest of Europe)
• APAC (China, Japan, India, South Korea, Vietnam, Indonesia, and the Rest of APAC)
• RoW (South America, and the Middle East and Africa)
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Level sensor to hold largest share of industrial sensors market in 2018
Based on sensor, level sensor leads the industrial sensors market as major applications of level sensors, such as manufacturing and process industries, semiconductor manufacturing, automotive manufacturing, and aerospace and defense manufacturing, occupy a huge share in the industrial sensors market. Also, average selling price of level sensors is highest when compared with other types of sensors covered in this report.
Market for noncontact sensors to grow at higher CAGR during forecast period
Noncontact industrial sensors are a faster growing segment of the industrial sensors market. Increasing penetration of remote sensing and wireless sensing attributes to the growth of noncontact sensors in the industrial sensors market. The wireless sensors market is increasing due to factors such as increasing penetration in industrial automation applications; growing adoption of wearables in industrial facilities; emerging concepts, such as smart factory; and increasing applications in pharmaceuticals and mining industries and petroleum refineries.
APAC expected to hold largest share of industrial sensors market in 2018
APAC is expected to hold the largest share of the industrial sensors market in 2018. China and Japan are the key countries contributing to the growth of the industrial sensors market in APAC. APAC is the largest market for industrial sensors because of the presence of China in this region. China’s manufacturing output is the largest in the world. It is one of the major manufacturers of consumer electronics, automobiles, etc.
North America is expected to account for the second-largest share of the industrial sensors market throughout the forecast period. The US currently accounts for the largest share of the industrial sensors market in North America, followed by Canada and Mexico.
A few major players operating in the industrial sensors market are Rockwell Automation (US), Honeywell (US), Amphenol Corporation (US), Texas Instruments (US), Panasonic (Japan), STMicroelectronics (Switzerland), First Sensor (Germany), and Siemens (Germany).
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