Press release
Composite Sensors Market to Reach US$105.7 Million by 2031, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/4558/composite-sensors-market.html
Market Statistics
• Market size: US$62.8 million in 2024
• Forecast value: US$105.7 million by 2031
• CAGR: 9.6% (2024-2031)
• Forecast period: 2024-2031
• Base year: 2024
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
Composite Sensors Market, by Industry Type
• Aerospace
• Construction
• Transportation
• Energy
• Other Industries
Composite Sensors Market, by Sensor Type
• Temperature Sensors
• Strain/Pressure Sensors
• Other Sensors
Composite Sensors Market, by Channel Type
• Single-channel Sensors
• Multi-channel Sensors
Composite Sensors Market, by Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
In the industry type category, aerospace is both the dominant and fastest-growing segment, driven by increasing use of composites in aircraft for lightweight performance and fuel efficiency, necessitating embedded sensors for structural health monitoring; this trend encourages aerospace OEMs and suppliers to integrate advanced sensing technologies into composite components.
Within sensor type, pressure sensors hold the largest share due to their critical role in monitoring and controlling systems across diverse applications requiring precise performance diagnostics, while temperature sensors are the fastest-growing category due to rising demand in high-performance settings where thermal monitoring is essential for safety and efficiency, prompting sensor manufacturers to innovate temperature sensing solutions.
Under channel type, single-channel sensors lead the market due to their cost-effectiveness and suitability for basic monitoring needs, though multi-channel sensors are expanding faster as complex applications seek integrated multi-parameter sensing capabilities, highlighting growth opportunities for suppliers of advanced sensor systems.
Regional Insights
North America dominates the composite sensors market, propelled by extensive aerospace industry activity, significant R&D investment, and strong demand for embedded sensing technologies in structural health monitoring applications; this positions the region as a key hub for sensor innovation and commercialization.
Asia-Pacific is the fastest-growing region due to expanding adoption of advanced materials and sensing systems across industries such as aerospace, transportation, and energy, presenting substantial opportunities for sensor manufacturers and investors targeting emerging markets.
Market Drivers
• Rising demand for structural health monitoring solutions in aerospace and wind energy industries due to safety and efficiency needs.
• Greater penetration of composite materials in high-performance, lightweight structures across sectors.
• Innovations in sensor miniaturization and integration enabling advanced applications.
• Increasing adoption of real-time monitoring for performance optimization.
• Growth in transportation and energy sectors requiring precise sensing capabilities.
Top Companies in the Market
• LUNA Innovations Incorporated
• Kistler Group
• Hottinger Brüel & Kjær (HBK)
• Hukseflux Thermal Sensors BV
• Diatex SAS
• SAFIBRA, s.r.o.
• RVmagnetics, a.s.
• Advanced Processing Technology, Inc. (AvPro)
• ColloidTek Oy
• Synthesites
FAQs
1. How big will the composite sensors market be by 2031?
The composite sensors market is expected to reach approximately US$105.7 million by 2031.
2. What is the expected CAGR for the composite sensors market through 2031?
The market is anticipated to grow at a CAGR of around 9.6% from 2024 to 2031.
3. Which industry segment is driving demand for composite sensors?
The aerospace industry is the leading contributor to demand due to structural health monitoring requirements.
4. What type of sensor holds the largest share in the market?
Pressure sensors contribute the largest share of the composite sensors market.
5. Which region is the largest market for composite sensors?
North America is the largest regional market, supported by aerospace activity and technological investment.
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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