Industrial Sensors Market Size, Status and Global Outlook 2021-2025 | FANUC, Honeywell, Perception Robotics, Omron

The Global Industrial Sensors Market Research Report Forecast 2021 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Industrial Sensors market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Industrial Sensors data that enhances the understanding, scope, and application of this report.

The Global Industrial Sensors Market is expected to register a CAGR of over 7% during the forecast period (2020 - 2025).

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Industrial Sensors Market: ATI Industrial Automation, FANUC, FUTEK Advanced Sensor Technology, Honeywell, AMS, Cognex, OTC Daihen, Hermary Opto Electronics, iniLabs, MaxBotix, Perception Robotics, Roboception, EPSON, Tekscan, Omron and Others.

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Industry News:  

- 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.

Scope of the Report:

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.

Key Market Trends:

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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Regional Analysis:

Asia-Pacific to Witness Highest Growth

- Asia-Pacific is expected to hold significant share as well as witness the highest growth over the forecast period owing to the increasing technological advancements as well as rapid industrialization.

- Moreover, the region has China, which has the largest manufacturing output in the world. The country is gearing to develop core technologies such as artificial intelligence chips and sensors, as a part of its broader vision to integrate AI into the manufacturing sector. This positively affects the sensor market trends.

- Further, the rising electronics industry, burgeoning population, and the growing automobile industry are also expected to be responsible for fueling the global industrial sensors in the region.

Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Industrial Sensors Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth    

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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain 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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