Industrial Sensors Market to Surpass 31 Billion US$ By 2026: Global Market Insights, Inc. - PowerPoint PPT Presentation

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Industrial Sensors Market to Surpass 31 Billion US$ By 2026: Global Market Insights, Inc.


Browse key industry insights spread across 231 pages with 249 market data tables and 26 figures & charts from the report, “Industrial Sensor Market Size By Product, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents: – PowerPoint PPT presentation

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Title: Industrial Sensors Market to Surpass 31 Billion US$ By 2026: Global Market Insights, Inc.

Industrial Sensors Market To Surpass 36 Billion
US by 2026 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
  • Industrial Sensors Market Scenario
  • Global Industrial Sensors Market size is
    estimated to exceed USD 31 billion by 2026,
    projects Global Market Insights, Inc., in its
    latest in-depth report.
  • Global industrial sensor market derives much of
    its growth from the ongoing adoption of automated
    technologies within the manufacturing sector. The
    advent of industry 4.0 has led to the
    incorporation of various sensors in manufacturing
    operations, which help to analyze data and reduce
    the need for human intervention.
  • Rising demand for consumer electronics, coupled
    with various government initiatives across
    emerging economies, such as China and India to
    accelerate electronics manufacturing is likely to
    provide lucrative opportunities for market

2017 Global Market Insights, Inc. USA. All
Rights Reserved
Regional Analysis of Industrial Sensors Market
  • Speaking of the geographical landscape, Europe is
    expected to hold a major share in Industrial
    Sensors Market over the coming years due to the
    initiation of new airport construction projects
    in the region. Also, Asia Pacific possesses major
    opportunities for aerobridge industry growth
    owing to rising incomes, air passenger traffic,
    and proposed airport and associated
    infrastructure development projects.

Application Analysis of Industrial Sensors
  • Industrial sensors market is likely to accumulate
    commendable proceeds from energy and power
    applications. For the record, industrial sensor
    market share from energy and power applications
    accounted for around 7 of market share in 2019.
  • Elaborating further on the types of industrial
    sensors, level sensors are also witnessing
    heightened demand. These types of sensors are
    increasingly being adopted for leakage detection,
    overfill detection, and pump control in diverse
    industries. As per estimates, the level sensor
    segment is anticipated to record a CAGR of above
    5 over 2020-2026.
  • Technological advancement in industrial sensors
    has paved the way for further market growth. New
    technology integration into industrial sensors
    has facilitated data transfer and analysis in
    real-time for multiple parameters, such as
    temperature, pressure, flow rate.

Competitive Market Share of Industrial Sensors
  • Infineon Technologies AG, AMS AG, NXP
    Semiconductors, TE Connectivity, Honeywell
    International Inc., Analog Devices, Inc.,
    Sensirion AG, STMicroelectronics N.V., and Omron
    Corporation are among the prominent industrial
    sensor market players.


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