openPR Logo
Press release

Industrial Automation Sensors Market Set to Surpass $22.59 Billion by 2029-Exclusive Report by Meticulous Research®

02-12-2024 02:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Meticulous Research®

/ PR Agency: Meticulous Research
Industrial Automation Sensors Market Set to Surpass $22.59

[Redding, California, 12-02-2024]: Meticulous Research®, a renowned global market research firm, has unveiled its latest report titled, "Industrial Automation Sensors Market by Sensor Type (Level Sensors, Flow Sensors), Type (Contact Sensors, Non-contact Sensors), Mode of Automation, End User, and Geography-Global Forecasts to 2029."

The report projects a remarkable growth trajectory for the industrial automation sensors market, estimating it to reach a substantial value of $22.59 billion by 2029, with a robust CAGR of 9.6% from 2022 to 2029.

Download Sample Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5281

Market Overview

The escalating adoption of Industry 4.0 and IIoT in manufacturing, coupled with the burgeoning demand for smart sensor-enabled wearable devices, drives the growth of the industrial automation sensors market. Additionally, advancements in industrial sensors technology and the adoption of predictive maintenance further propel market expansion

Impact of COVID-19 on the Industrial Automation Sensors Market

The outbreak of the COVID-19 pandemic significantly impacted global economies and industries, including manufacturing operations. Supply chain disruptions, production delays, and lockdown measures led to considerable challenges for the industrial automation sensors market. However, the market is poised for recovery, with various segments expected to rebound in the coming years.

Have Any Query ? Speak To Our Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5281

Key Findings

Sensor Type: The level sensors segment is anticipated to dominate the market, driven by the need for accuracy, ease of calibration, and efficient monitoring of liquids and bulk solids.

Type: Contact sensors are projected to hold the largest share, owing to their role in promoting security in industrial operations, with technologies including magnetoresistive, vibratory probe, and more.

Mode of Automation: Semi-automatic systems are expected to lead, offering process improvements while retaining operator adaptability.

End User: The oil & gas sector is poised to command the largest share, leveraging automation sensor technologies to enhance decision-making and performance efficiency.

Geography: Asia Pacific is forecasted to hold the largest market share, driven by rapid industrialization, technological advancements, and government initiatives supporting automation.

Quick Buy @ https://www.meticulousresearch.com/Checkout/30772894

Key Players

Leading players in the industrial automation sensors market include Amphenol Corporation, Honeywell International Inc., Infineon Technologies AG, NXP Semiconductors, Renesas Electronics Corporation, Rockwell Automation, Inc., Siemens AG, STMicroelectronics International N.V., TE Connectivity Ltd., Texas Instruments Incorporated, Dwyer Instruments LTD., Bosch Sensortec GmbH, ABB Ltd, Analog Devices, Inc., and Sensirion AG.

Contact :
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
CIN- U93000PN2013PTC149455

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition. Through our mixed bag of research offerings - syndicated research, custom research, and analyst engagement - we enable smart decision making to enhance business performance for global organizations. Our focus is also on finding answers to the challenging questions that global business leaders face on a daily basis. Each year, we deliver more than 300 syndicate studies and 60+ consulting projects across eight industry verticals in 20+ geographic markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Automation Sensors Market Set to Surpass $22.59 Billion by 2029-Exclusive Report by Meticulous Research® here

News-ID: 3381434 • Views:

More Releases from Meticulous Research®

SCADA Market Outlook 2024-2031: Growth Trends, Regional Insights, and Future Opportunities | Meticulous Research®
SCADA Market Outlook 2024-2031: Growth Trends, Regional Insights, and Future Opp …
The SCADA market is heading into a solid growth cycle, supported by demand for smarter control systems and more reliable production. From 2024 to 2031, the market is set to grow close to 9% annually, eventually reaching about USD 18.7 billion. What is pushing this growth is the combination of industrial automation, real-time monitoring needs, and investments in smart manufacturing. • Market size by 2031: ~USD 18.7 billion • Growth rate: around 9% CAGR • Main
Sustainable Aviation Fuel Market: Growth Outlook, Trends, and Innovations
Sustainable Aviation Fuel Market: Growth Outlook, Trends, and Innovations
Introduction to the Market The aviation sector is undergoing a major transformation as it looks for ways to cut its carbon footprint while meeting the rising demand for air travel. Sustainable Aviation Fuel (SAF) has emerged as the most practical near-term solution for reducing greenhouse gas emissions in aviation. The global SAF market, valued at USD 1.45 billion in 2024, is projected to reach USD 1.85 billion in 2025 and further
Quantum Computing in Life Sciences: Market Outlook, Growth, and Innovations
Quantum Computing in Life Sciences: Market Outlook, Growth, and Innovations
Introduction to the Market Quantum computing is steadily moving from theory into practice, and its impact on the life sciences sector is becoming increasingly clear. Valued at USD 220 million in 2024, the global quantum computing in life sciences market is projected to grow from USD 295 million in 2025 to USD 4.56 billion by 2035. This represents a robust CAGR of 31.2% over the forecast period. Growth is being fueled
Low-NOx Burners Market Outlook 2025-2035: Growth, Trends, and Innovations
Low-NOx Burners Market Outlook 2025-2035: Growth, Trends, and Innovations
Introduction to the Low-NOx Burners Market The low-NOx burners market is expanding steadily as industries worldwide focus on reducing harmful emissions from combustion processes. Valued at USD 3.45 billion in 2024, the market is projected to grow from USD 3.66 billion in 2025 to USD 6.44 billion by 2035, reflecting a compound annual growth rate of 5.8%. Rising awareness about air quality, coupled with stricter environmental regulations, is pushing industries to

All 5 Releases


More Releases for Sensor

Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni …
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in the
Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering. The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,
Biochemical Sensor Market Report 2018: Segmentation by Product (Electrochemical …
Global Biochemical Sensor market research report provides company profile for GE Healthcare (U.S.), Thermo Fisher Scientific. (U.S.), Honeywell International Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), Polestar Technologies Inc. (U.S.), Microchip Technology Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. This research report is equipped with the information categorizing Smart Wearable Fitness Devices