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Industrial Sensor Market 2023 : Trends, Business Growth And Major Driving Factors | Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics
Industrial Sensor Market
As per the industrial sensor market report by The Business Research Company, the increasing industrial automation is significantly driving the growth of the industrial sensor market.
The global industrial sensor market size grew from $19.04 billion in 2022 to $21.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The industrial sensor market size is expected to grow to $31.07 billion in 2027 at a CAGR of 10.2%.
Read More On The Industrial Sensor Market Report Here:
https://www.thebusinessresearchcompany.com/report/industrial-sensor-global-market-report
Major players in the Industrial Sensor market are Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics, First Sensor AG, Siemens, Amphenol Corporation, Bosch Sensortec, NXP Semiconductors, Renesas Electronics, Teledyne Digital Imaging Inc., Figaro Engineering Inc., Endress+Hauser, Safran Colibrys SA, Integrated Device Technology, and Infineon Technologies are major players in the industrial sensor market.
The Industrial Sensor market is segmented -
1) By Sensor Type: Image Sensor, Pressure Sensor, Temperature Sensor, Level Sensor, Position Sensor, Humidity Sensor, Force Sensor , Other Sensors
2) By Operation Type: Contact, Non-Contact
3) By End-User: Manufacturing, Oil And gas, Chemicals, Pharmaceuticals, Energy And power, Mining
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An industrial sensor consists of an input device that provides an output signal with respect to a physical quantity or input. It is used to monitor, analyze, and process several changes in the industrial manufacturing process.
The Table Of Content For The Industrial Sensor Market Include:
1. Executive Summary
2. Industrial Sensor Market Characteristics
3. Industrial Sensor Market Trends And Strategies
4. Industrial Sensor Market - Macro Economic Scenario
5. Industrial Sensor Market Size And Growth
……
27. Industrial Sensor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Sensor Market
29. Industrial Sensor Market Future Outlook and Potential Analysis
30. Appendix
The "Global Industrial Sensor Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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