Categories: Press Release

Industrial Sensor Market is expected to reach $46.0 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that industrial sensor provides attractive opportunities in the oil & gas, pharmaceuticals, chemicals, manufacturing, mining, and energy & power industries. The industrial sensor market is expected to reach $46.0 billion by 2028 with a CAGR of 9.3%. In this market, image sensor is the largest segment by sensor type, whereas manufacturing is largest by end use industry.

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Based on sensor type, the industrial sensor market is segmented into pressure sensors, position sensors, level sensors, gas sensors, temperature sensors, image sensors, humidity & moisture sensors, flow sensors, and force sensors. The image sensor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing use of this sensor for biometric techniques and in machine vision application.

Browse in-depth TOC on “Industrial Sensor Market”

100 – Figures/Tables

150 – Pages

The Industrial Sensor Market is marked by the presence of several big and small players. Some of the prominent players offering industrial sensor include Rockwell Automation, Omron, Honeywell, Texas Instruments, and STMicroelectronics.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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