+1-888-308-5802     
News Contact Us

Industrial Sensors Market: Key Strategies to Use to Dominate Globally 2020-2026

Author : Ronak Bora | Published Date : 2020-09-03 

Global industrial sensors 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. 

Electronics manufacturers, in particular, are extensively utilizing industrial sensors market to enhance their operational capabilities. 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 growth.

The Indian government's 2016 Electronic Development Fund was one of the chief initiatives undertaken to promote development and innovation in the field of electronics, nano-electronics, and IT. 

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4271

Other factors supporting the industrial sensors market growth include escalating usage of industrial sensors in the pharmaceutical industry to facilitate enhanced monitoring of temperature-sensitive drugs and chemical composition of ingredients. 

Industrial sensors market is rife with various novel product launches. The industry, as a whole, is emphasizing on introducing sophisticated technologies to the marketplace. Industry players are resorting to strategic collaborations for keeping pace with the stiff competition. M&A activities constitute a powerful growth tool used by industrial sensors industry players to achieve long term growth and increased profitability. 

Top Key Players In Industrial Sensors Market are Amphenol Corporation, ams AG, Analog Devices, Inc., Bosch Sensortec GmbH, Figaro Engineering, Inc., First Sensor AG, Honeywell International Inc., Integrated Device Technology, Inc. (Renesas Electronics Corporation), NXP Semiconductors N.V., OMEGA Engineering Inc. (SPECTRIS PLC.), Panasonic Corporation, Rockwell Automation, Inc., Safran Colibrys SA, Sensirion AG, Siemens AG, STMicroelectronics N.V., TE Connectivity, Teledyne Technologies Incorporated, Texas Instruments Incorporated

The energy and power (E&P) industry is progressively incorporating IoT into its processes to harness the benefits of reliability, durability, and robustness. As per the estimates of IEA, power investment in the US increased by 8% whereas renewable energy expenditure rose by 16%. Such rise in investments in the E&P sector, coupled with the availability of federal tax credits, corporate procurement, and declining costs of solar PV is likely to favor industrial sensors market growth. 

Region-wiseEurope industrial sensors market is anticipated to depict upward growth trends and record a CAGR of around 6% over the forecast period. The regional manufacturing companies are adopting advanced machinery and materials in their manufacturing operations to establish competitiveness over China-based rivals, which is expected to foster market expansion. 

Table Of Content:

Chapter 4   Industrial Sensors Market, By Product

4.1   Key trends by product

4.2   Level sensor

4.2.1.1   Market estimates and forecasts, 2015 – 2026

4.3   Temperature sensor

4.3.1.1   Market estimates and forecasts, 2015 – 2026

4.4   Flow sensor

4.4.1.1   Market estimates and forecasts, 2015 – 2026

4.5   Position sensor

4.5.1.1   Market estimates and forecasts, 2015 – 2026

4.6   Pressure sensor

4.6.1.1   Market estimates and forecasts, 2015 – 2026

4.7   Force sensor

4.7.1.1   Market estimates and forecasts, 2015 – 2026

4.8   Image sensor

4.8.1.1   Market estimates and forecasts, 2015 – 2026

4.9   Gas sensor

4.9.1.1   Market estimates and forecasts, 2015 – 2026

4.10   Others

4.10.1.1   Market estimates and forecasts, 2015 – 2026

Chapter 5   Industrial Sensors Market, By Application

5.1   Key trends by application

5.2   Energy & power

5.2.1.1   Market estimates and forecasts, 2015 – 2026

5.3   Oil & gas

5.3.1.1   Market estimates and forecasts, 2015 – 2026

5.4   Mining

5.4.1.1   Market estimates and forecasts, 2015 – 2026

5.5   Chemicals

5.5.1.1   Market estimates and forecasts, 2015 – 2026

5.6   Manufacturing

5.6.1.1   Market estimates and forecasts, 2015 – 2026

5.7   Pharmaceuticals

5.7.1.1   Market estimates and forecasts, 2015 – 2026

5.8   Others

5.8.1.1   Market estimates and forecasts, 2015 – 2026

Chapter 6   Industrial Sensor Market, By Region

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.6   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/industrial-sensors-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Multi-Touch Equipment Market by Future Challenges and Industry Growth Outlook by 2020-2024

Published Date: 2020-09-21         Author: Ronak Bora

The global multi-touch equipment market is set to traverse along an extremely profitable growth path on account of a rapid increase in the demand for consumer electronics equipped with multi touch devices. A blend of modern software and high-end multi touch hardware has effectively made complex task... Read More

Contact Center Software Market is Projected to Experience Significant Growth by 2024

Published Date: 2020-09-21         Author: Ronak Bora

Increasing importance of call centers for intensifying businesses has been fueling contact center software market share over the last few years. With the help of software, business development teams have been able to handle incoming calls, make outgoing calls, ensure workforce management, track key ... Read More

Global Marine Selective Catalytic Reduction Systems Market Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

Published Date: 2020-09-21         Author: Ronak Bora

Growing environmental concerns have gradually led to the expansion of marine selective catalytic reduction systems market, fostered by the mandates issued by international agencies and the willingness of shipowners to adopt emission control systems. Stricter adherence to emission norms in the Emissi... Read More

© 2020 Fractovia. All Rights Reserved