The Industrial Sensors Market Report 2023, provided by Astute Analytica, offers an extensive analysis of the market’s technical and financial data for both the present and foreseeable future. This report serves as a valuable addition to the market research archive, providing a thorough investigation and analysis of crucial aspects of the Industrial Sensors Market.
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Global industrial sensors market was valued at US$ 34,059.9 million in 2022 and is projected to exceed the market valuation of US$ 71,566.8 million by 2031 at a CAGR of 8.6% during the forecast period 2023–2031.
It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the global keyword market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- Amphenol Corporation
- Honeywell International Inc.
- Infineon Technologies
- NXP Semiconductors
- Renesas Electronics Corporation
- Siemens AG
- STMicroelectronics
- TE Connectivity Ltd.
- Texas Instruments Incorporated
- Omega Engineering Inc.
- Rockwell Automation Inc.
- AMS AG
- NXP Semiconductors NV
- First Sensor AG
- Bosch Sensortec GmbH
- Sick AG
- ABB Limited
- Omron Corporation
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the Industrial Sensors Market includes
By Sensor Type
- Pressure Sensors
- Position Sensors
- Level Sensors
- Gas Sensors
- MEMS (Micro-electro-mechanical Systems)
- Temperature Sensors
- Image Sensors
- Humidity & Moisture Sensors
- Flow Sensors
- Force Sensors
By Application
- Building Automation Sensors
- Filter Monitoring
- Dust Measurement
- Flow and Energy Metering
- Water Management
- Chiller and Boiler control
- Appliance Control
- Refrigeration
- Turbidity Measurement
- Temperature Measurement
- Radiation detection
- Passenger counters
- Volumetric flow controllers
- Condition monitoring
- Leak detection
- Level sensing
- Industrial printers
- Others
By Industry
- Chemical and Petrochemicals
- Mining and Metal
- Power
- Automotive
- Electronics
- Consumer Goods
- Food and Beverage
- Lifescience
- Aerospace and Military
- Water and wastewater
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
Overall, Astute Analytica’s report on the Industrial Sensors Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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