What is the current Global Sensors and Actuators Market size?

The Global Sensors and Actuators Market is projected to register a CAGR of 8.24% during the forecast period (2024-2029) Read More

Who are the key players in Global Sensors and Actuators Market?

TE Connectivity Ltd, Texas Instruments Inc, Honeywell International Inc, Emerson Electric Co. and SMC Corporation are the major companies operating in the Global Sensors and Actuators Market. Read More

Which is the fastest growing region in Global Sensors and Actuators Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Sensors and Actuators Market?

In 2024, the Asia-Pacific accounts for the largest market share in Global Sensors and Actuators Market. Read More

What years does this Global Sensors and Actuators Market cover?

The report covers the Global Sensors and Actuators Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Sensors and Actuators Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global Sensors and Actuators Market Share

Statistics for the 2023 & 2024 Global Sensors and Actuators market share, created by Mordor Intelligence™ Industry Reports. Global Sensors and Actuators share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global Sensors and Actuators Industry

The global sensors and actuators market is fragmented as numerous international companies, such as TE Connectivity, Texas Instruments Inc., Honeywell International Inc., Emerson Electric Company, and SMC Corporation, are operating.

In September 2021, TE Connectivity, a leading company in connectivity and sensors, acquired ERNI Group AG (ERNI), a leading player in electronic connectivity for factory automation and automotive. The acquisition of ERNI complements TE Connectivity's wide connectivity product portfolio, specifically in high-speed and fine-pitch connectors for automotive, factory automation, and other industrial applications.
In August 2021, Parker Hannifin Corporation, a leading market player in motion and control technologies, announced the acquisition of Meggitt PLC, a company operating in aerospace and defense motion and control technologies. In Coventry, United Kingdom, Meggitt PLC had approximately USD 2.3 billion in annual revenue in annual revenue in 2020.