Press release
Top Factor Driving Industrial Sensor Market Growth in 2025: Rise In Industrial Automation Fuels Growth In The Industrial Sensor Market
Industrial Sensor Market
The industrial sensor market is experiencing a significant expansion due to the rise in industrial automation. These sensors are vital to automation because they make processes smarter and standalone. They facilitate the detection, evaluation, measurement, and processing of a variety of transformations in industrial production facilities, such as alterations in position, length, height, appearance, and displacement. Sensing devices used in industrial automation contribute to robotic operations like deburring, grinding, polishing, and sanding. The International Federation of Robotics (IFR) reports that in 2022, about 3.1 million units of industrial robots were installed worldwide, forecasting a 12% rise in installations by 2023. This uptick in automation not only boosts operational efficacy but also highlights the critical role of advanced sensor technologies in enabling robotic applications like grinding, polishing, and more.
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What is the future CAGR of the industrial sensor market, and how will it impact industry expansion?
There has been a significant growth in the industrial sensor market size in the preceding years. The market, which was valued at $22.93 billion in 2024, is projected to grow to $25.02 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. The notable growth in the historical period is a result of factors such as increased automation and control, heightened demand for quality control, growing need for predictive maintenance, an uptick in environmental monitoring, and a surge in energy efficiency requirements.
The size of the industrial sensor market is predicted to exhibit robust growth in the forthcoming years. It is set to expand to a value of $35.36 billion by 2029, boasting a compound annual growth rate (CAGR) of 9.0%. This impending growth during the forecast period can be attributed to factors such as an increase in sustainability and green manufacturing, more stringent regulatory changes, growing demand in the healthcare and medical devices sectors, and increased interest in the predictive analytics sector. Significant trends projected for this period include the integration of IoT and Industry 4.0, wireless and IoT connectivity, miniaturization and MEMS sensors, smart sensors, and edge computing.
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What are the most significant trends transforming the industrial sensor market today?
The rise in technological advancements is a trend gaining ground in the industrial sensor market. Such advancements provide a competitive edge. Market players are prioritizing the development of innovative technological solutions for more accurate, real-time control to tackle the problems caused by long-term exposure to hydrogen gas, which can undermine pressure sensor performance. For example, Baker Hughes, a USA-based oil field service company, introduced its new Druck hydrogen-rated pressure sensors in September 2023. Specifically designed for long-term stability in challenging environments, these sensors serve numerous applications such as gas turbines, hydrogen electrolysis production, and hydrogen filling stations. They mitigate the negative impacts of hydrogen on sensor performance using a high-performance barrier coating technology. This ensures the sensors sustain for a minimum of five years. These new sensors come under two ranges, spanning from 700 mbar to 700 mbar.
Which key market segments comprise the industrial sensor market and drive its revenue growth?
The industrial sensor market covered in this report 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
Subsegments:
1) By Image Sensor: CMOS Image Sensor, CCD Image Sensor,
2) By Pressure Sensor: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor
3) By Temperature Sensor: Thermocouples, RTDs (Resistance Temperature Detectors), Thermistors
4) By Level Sensor: Capacitive Level Sensor, Ultrasonic Level Sensor, Radar Level Sensor
5) By Position Sensor: Linear Position Sensor, Rotary Position Sensor, Proximity Sensor
6) By Humidity Sensor: Capacitive Humidity Sensor, Resistive Humidity Sensor
7) By Force Sensor: Strain Gauge Force Sensor, Piezoelectric Force Sensor
8) By Other Sensors: Gas Sensors, Vibration Sensors, Flow Sensors
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What regions are at the forefront of industrial sensor market expansion?
Asia-Pacific was the largest region in the industrial sensor market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial sensor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the industrial sensor market?
Major companies operating in the industrial sensor market include Rockwell Automation Inc., Honeywell International Inc., TE Connectivity Ltd., Panasonic Corporation, STMicroelectronics N.V., First Sensor AG, Siemens Aktiengesellschaft, Amphenol Corporation, Bosch Sensortec GmbH, NXP Semiconductors N.V., Renesas Electronics Corporation, Teledyne Digital Imaging Inc., Figaro Engineering Inc., Endress+Hauser Group, Safran Colibrys SA, Integrated Device Technology Inc., Infineon Technologies AG, Sony Corporation, BorgWarner Inc., Emerson Electric Co., General Electric Company, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments Incorporated, Omega Engineering Inc., Sick AG, ABB Limited, Omron Corporation, ams OSRAM AG, Balluff GmbH, Micro-Epsilon Messtechnik GmbH & Co. KG
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What Is Covered In The Industrial Sensor Global Market Report?
•Market Size Forecast: Examine the industrial sensor market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the industrial sensor market for a structured understanding.
•Key Players Overview: Analyze major players in the industrial sensor market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial sensor market.
•Segment Contributions: Evaluate how different segments drive overall growth in the industrial sensor market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial sensor market.
•Industry Challenges: Identify potential risks and obstacles affecting the industrial sensor market.
•Competitive Landscape: Review strategic developments in the industrial sensor market, including expansions, agreements, and new product launches.
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