Press release
Industrial Sensors Market COVID-19 Impact on Market, Global Research Reports 2020- Honeywell International Inc., Rockwell Automation Inc., Siemens AG
The industrial sensors market is expected to register a CAGR of over 7% during the forecast period (2019-2024). The growing awareness of the industrial IoT in various emerging economies has increased the focus of various end-user industries towards industrial sensors.Industrial sensors are devices which can detect events or changes in the environment and provide the corresponding output. Sensor components are not considered as part of the study scope. These sensors can sense physical input such as light, heat, motion, moisture, pressure, or any other entity, and respond by producing an output on a display or transmit the information in electronic form for further processing. These define major applications in flood & water level monitoring systems, environmental monitoring, traffic monitoring & controlling, energy saving in artificial lighting, remote system monitoring & equipment fault diagnostics, and precision agriculture & animal tracking.
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The prominent players in the global Industrial Sensors market are:
Texas Instruments Incorporated, TE Connectivity Inc., Omega Engineering Inc., Honeywell International Inc., Rockwell Automation Inc., Siemens AG, STMicroelectronics Inc., ams AG, NXP Semiconductors NV, First Sensor AG, Bosch Sensortec GmbH, Sick AG, ABB Limited, Omron Corporation
Top of FormMarket Segmentation by Region:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America
Global Industrial Sensors Market: Research Methodology
Proximity Sensors to Hold Significant Share
- The proximity sensor can detect the presence of objects within its vicinity without any physical contact. To sense objects, this sensor radiates or emits a beam of electromagnetic radiation, usually in the form of infrared light, and detects the reflection to determine the object's proximity or distance from the sensor.
- The touch-free user interface is driving the adoption of proximity sensors in automotive applications. Applications, where these sensors can be used in automotive, include infotainment system, keyless entry system, 3D gesture, and interior lighting control.
- The increased adoption of industrial robots is another key factor driving the growth of proximity sensor market. They are used in advanced robots for automobiles manufacturing, in construction industries to trace the distance in various applications, and in a military application for target detection as in drone and aircraft.
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Competitive Landscape:
The industrial sensors market is moderately fragmented due to the presence of the established industry players in the market. These players are leveraging and incorporating advanced technologies to offer diversified products catering to varied end-user industries.
- January 2019 - Rockwell Automation launched Allen-Bradley 42AF RightSight M30 photoelectric sensor. The product is built with IO-Link capability which helps in integrating into the connected enterprise by delivering data and diagnostics from the sensor directly into a control system.
- January 2019 - Omron announced to launch a total of 2,512 models of its DC 3-Wire E2E NEXT Series Proximity Sensors. These sensors are equipped with OMRON's own Thermal Distance Control 2 and PROX3 hybrid circuitry technologies, which enable sensing distances that are at least twice as long as previous models.
Furthermore, Global Industrial Sensors Market following points are involved along with a detailed study of each point: –
– Global Industrial Sensors Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
– Global Industrial Sensors Market competition by Manufacturers (2020-2024)
– Production and Consumption by Regions
– Complete profiling and analysis of Manufacturers (2020-2024)
– Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses
– Industrial Chain, Sourcing Strategy and Downstream Buyers
– Marketing Strategy Analysis, Distributors/Traders
– Global Industrial Sensors Market Effect Factors Analysis (2020-2024)
– Global Industrial Sensors Market Forecast (2020-2024)
– Global Industrial Sensors Market Research Findings and Conclusion
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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