How big is the Industrial Sensors Market?

The Industrial Sensors Market size is expected to reach USD 27.39 billion in 2024 and grow at a CAGR of 8.69% to reach USD 41.55 billion by 2029. Read More

What is the current Industrial Sensors Market size?

In 2024, the Industrial Sensors Market size is expected to reach USD 27.39 billion. Read More

Who are the key players in Industrial Sensors Market?

Rockwell Automation Inc., Omron Corporation, Honeywell International Inc., Texas Instruments Inc. and STMicroelectronics Inc. are the major companies operating in the Industrial Sensors Market. Read More

Which is the fastest growing region in Industrial Sensors 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 Industrial Sensors Market?

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

What years does this Industrial Sensors Market cover, and what was the market size in 2023?

In 2023, the Industrial Sensors Market size was estimated at USD 25.20 billion. The report covers the Industrial Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Sensors Market Share

Statistics for the 2023 & 2024 Industrial Sensors market share, created by Mordor Intelligence™ Industry Reports. Industrial Sensors 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 Industrial Sensors Industry

The industrial sensors market is moderately fragmented due to the presence of established industry players. These players are leveraging and incorporating advanced technologies to offer diversified products catering to varied end-user industries.

May 2021- Viezo announced the launch of the Beta Version of its Sonora wireless autonomous sensors series. These sensors are eco-friendly and cost-efficient and find their applications in railway operators, industrial companies, train manufacturers, and industrial machinery manufacturers.
September 2021, Hiber BV announced an agreement with Shell to provide well-integrity monitoring solutions globally. The agreement enables all Shell entities and subsidiaries to use the HiberHilo product globally. The solution also enables Shell to get more data on their good performance and monitor well integrity issues more effectively, thereby improving the safety of remote and offshore wells.