According to a market report by Lucintel, the future of the global industrial sensors market looks promising with opportunities in the manufacturing, oil & gas, chemical, pharmaceutical, energy & power and mining markets. The global industrial sensors market is expected to reach an estimated $40.3 billion by 2030 from $23.2 billion in 2024,at a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rising adoption of industrial 4.0 and IoT in manufacturing, rising demand for smart sensor-enabled wearable devices, and improvements in industrial sensor technology.A more than 150-page report to understand trends, opportunity and forecast in industrial sensors market to 2030 by sensor type (image sensor, pressure sensor, temperature sensor,level sensors, position sensor, humidity sensor, force sensor, and others), end use (manufacturing, oil & gas, chemical, pharmaceutical, energy & power, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that high beam assist will remain the largest segment over the forecast period due to rising consumer awareness towards safety while driving and increased traffic.
Within this market, passenger vehicle is expected to witness the highest growth due to growing passenger car sales as well as consumersÄX%$%X willingness to pay more for personal vehicles.
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APAC will remain the largest region over the forecast period due to increasing car sales and technological advancements in the region.
Hella, Valeo, Continental, Denso, Hyundai Mobis, Aptiv, Osram, Magnetic Marelli, ZKW, Renesasare the major suppliers in the industrial sensors market.
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 write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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