logo
logo
Sign in

Industrial Sensors Market Size & Forecasting to 2028

avatar
Pratiksha
Industrial Sensors Market Size & Forecasting to 2028

 

The global industrial sensors market size was valued at USD 21.1 billion in 2019 and is anticipated to grow at a CAGR of 6.8% during the forecast period. Industrial sensors are widely used in industrial application and automation. It plays a major role in the manufacturing sector owing an increase in the automation in every industrial sector as manufacturing, oil & gas, energy & power, and others. Based on the region, the global industrial sensors market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. In terms of revenue, North America holds a dominant position in the global industrial sensors market. 

Click here for free brochure @ https://bit.ly/3dMgQPH

Key Factors Impacting the Growth of Industrial Sensors Market:

  • Technological advancements
  • Increasing market demand for IoT sensors
  • Growth in wearable devices across the application areas of industrial sensors such as manufacturing, oil & gas, and others
  • Increase in competition in the market

What Does This Report Provide?

This report provides a detailed understanding of the global industrial sensors market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

collect
0
avatar
Pratiksha
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more