Industrial Sensors Market Analysis APAC,Europe,North America,Middle East and Africa,South America - US,China,Japan,Germany,France - Size and Forecast 2023-2027

Published: Mar 2023 Pages: 180 SKU: IRTNTR70995

Industrial Sensors Market Forecast 2023-2027

The Industrial Sensors Market size is forecast to increase by USD 12.5 billion between 2022 and 2027, accelerating at a CAGR of 9%. The market's growth hinges on various factors, including the rising demand for smart factories and IIoT solutions that revolutionize industrial operations. Miniaturization of industrial sensors drives efficiency and flexibility, enabling seamless integration into complex manufacturing environments. Additionally, there's a notable increase in demand for wireless among process industries, offering enhanced accessibility and scalability in monitoring critical processes. These trends reflect the industry's shift towards automation and connectivity, empowering businesses to optimize operations, reduce downtime, and improve overall productivity. With advancements in sensor technology and the proliferation of Industry 4.0 initiatives, the market is poised for sustained expansion, catering to the evolving needs of modern industries striving for efficiency and competitiveness in the global landscape.

What will be the size of the Market During the Forecast Period?

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Market Segmantation

The market report offers extensive research analysis on the market, with a categorization based on End-user, including Process industries and Discrete industries. It further segments the market by Product, encompassing Pressure, Temperature, Proximity, Flow, and Others. Additionally, the report provides geographical segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2017-2021), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

Market Dynamics 

The market is driven by the growing demand for real-time data and transparency in operational processes, enhancing profitability through predictive maintenance and condition monitoring facilitated by machine learning algorithms. The rise of automated machinery and advanced sensing technology, including level sensors and pressure sensors, further fuels market growth. However, challenges such as ensuring machine uptime and data collection accuracy persist. Trends like the adoption of CMOS image sensors and IPX8-rated solutions signal industry advancements, yet achieving cost-effective facilities remains a priority amidst evolving industrial communities.

Key Market Driver

Market growth is being notably fueled by the miniaturization of industrial sensors. This vogue of miniaturization has been continuously progressing and is expected to persist throughout the forecast period. Consequently, the price of sensors has witnessed a decline. The increasing competition among the leading sensor manufacturers and IoT (Internet of Things) service providers is contributing to a rise in market revenue. Furthermore, affordability allows manufacturing companies to employ them more extensively, enabling them to gather more data and make informed decisions.

As a result, industrial sensors are now capable of providing in-depth performance insights and enhancing operational efficiency at a reduced cost. This factor is set to drive the market growth significantly during the forecast period.

Market Segment Trends

In the realm of industrial sensors, real-time data and transparency are paramount, driving market segmentation and innovation. With a focus on profitability, industries increasingly adopt predictive maintenance strategies enabled by advanced machine learning algorithms. Automated machinery, equipped with condition monitoring such as level and pressure, ensures optimal performance and minimizes downtime. Companies like Asystom and Platinum lead the charge in sensor technology, offering cutting-edge solutions including image sensors and electronic devices. Collaborations with Storage Corporation drive advancements in CMOS image and semiconductor technology, enhancing operational equipment efficiency. IPX8 certified sensors ensure reliability in harsh environments, bolstering machine uptime in industrial automation settings. Embracing sensing technology and data collection, the E2EW Series sets new standards for cost-effective facilities, fostering growth in industrial communities worldwide.

The Process Industries Segment is the Leading Segment to Dominate the Market

The process industries segment will contribute a major share of the market, as the applications of these sensors in major end-user industries like oil and gas, food and beverage, pharmaceuticals and healthcare, water and wastewater treatment, and the power industry is rising. The segment showed a gradual increase in market share with USD 11.69 billion in 2017 and continued to grow by 2021. Process industries employ industrial sensors in terminal automation, storage management, control systems, and process equipment. Business owners make decisions to enhance business operations using the data produced.

The use of automated solutions has become increasingly common in the food and beverage sector, particularly among wholesalers, producers, breweries, and bottling facilities. To streamline their operations, these competitors are choosing industrial sensors. Utilizing these will help with effective inventory and shelf management. With the aid, the packaging is also improving in the industry. Sensors allow for the monitoring and control of many aspects of a package, including oxygen, temperature, and moisture. Thus, advantages like these will fuel the adoption rate of industrial sensors, which, in turn, will boost the growth of the global market during the forecast period. 

Market  - Revenue Share by End-User Segment, 2017 - 2027.   

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APAC Holds a Prominent Position in the market

APAC is estimated to contribute 44% to the growth of the global market during the forecast period. A few of the major factors fueling the growth of the market in the region include government initiatives, rising demand for locally produced automobiles, and APAC's robust manufacturing sector. The market in the region will be majorly dominated by nations like Japan, China, Taiwan, South Korea, Singapore, Thailand, Vietnam, and the Philippines. This is due to the fact that businesses in these nations are increasingly investing in procedures that guarantee cleanliness and environmental control.

Furthermore, the demand in this region is primarily driven by the growing adoption of automation in medical and healthcare facilities and the requirement for real-time monitoring systems. Since monitoring devices need reliable communication, APAC is seeing an increase in the demand to safeguard the equipment that transmits data from healthcare facilities to the control center. Therefore, all of the abovementioned factors will fuel the regional market growth and trends during the forecast period. 

Market Size, By Region, Global, 2017 - 2027.   

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Market Companies Overview

The market is fragmented in nature. Some significant players include Amkor Technology Inc., Amphenol Advanced Sensors, Analog Devices Inc., Broadcom Inc., Excelitas Technologies Corp.

The market growth and forecasting research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Hamamatsu Photonics KK, Honeywell International Inc., Itron Inc., Motion Solutions, Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Rockwell Automation Inc., ROHM Co. Ltd., SENSATA TECHNOLOGIES HOLDING PLC, Siemens AG, STMicroelectronics NV, TDK Corp., TE Connectivity Ltd., Texas Instruments Inc., and Maxim Integrated Products Inc.

Segment Overview

The market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest market trends and analysis, and growth opportunities from 2017-2027.   

  • End-user Outlook 
    • Process industries
    • Discrete industries
  • Product Outlook 
    • Pressure
    • Temperature
    • Proximity
    • Flow
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The market is witnessing exponential growth, driven by a plethora of factors and advancements in technology. From process control to quality control, sensors play a crucial role in ensuring efficiency and precision across infrastructure development and smart cities initiatives. With the rise of renewable energy and the need to optimize legacy machinery, companies like Viezo and Hiber BV are pioneering the field with wireless autonomous sensors like HiberHilo. Collaborations with industry giants further propel the market forward, introducing innovative solutions such as metal face proximity sensors for factory automation and mixed-metal production lines.

Further, these advancements minimize facility stoppages, slowdowns, and false detections, enhancing productivity and ensuring quality inspection in real-time. From remote sensing to motion sensors, the market continues to evolve, providing high-accuracy asset tracking and facilitating material sorting and inventory counting with precision. As industries embrace digital technologies and connected devices, the demand for smart sensors with advanced monitoring capabilities only continues to rise, revolutionizing industrial processes and driving the era of the Industrial Internet of Things.

Market Scope

Report Coverage

Details

Page number

180

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2023-2027

USD12.5 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

8.32

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Amkor Technology Inc., Amphenol Advanced Sensors, Analog Devices Inc., Broadcom Inc., Excelitas Technologies Corp., Hamamatsu Photonics KK, Honeywell International Inc., Itron Inc., Motion Solutions, Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Rockwell Automation Inc., ROHM Co. Ltd., SENSATA TECHNOLOGIES HOLDING PLC, Siemens AG, STMicroelectronics NV, TDK Corp., TE Connectivity Ltd., Texas Instruments Inc., and Maxim Integrated Products Inc.

Market dynamics

Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our market analysis and report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global industrial sensors market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global industrial sensors market 2017 - 2021 ($ billion)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Process industries - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Process industries - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Process industries - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Process industries - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Process industries - Year-over-year growth 2022-2027 (%)
    • 6.4 Discrete industries - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Discrete industries - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Discrete industries - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Discrete industries - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Discrete industries - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ billion)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 44: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 46: Chart on Comparison by Product
      • Exhibit 47: Data Table on Comparison by Product
    • 7.3 Pressure - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Pressure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Pressure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Pressure - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Pressure - Year-over-year growth 2022-2027 (%)
    • 7.4 Temperature - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Temperature - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Temperature - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Temperature - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Temperature - Year-over-year growth 2022-2027 (%)
    • 7.5 Proximity - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Proximity - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Proximity - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Proximity - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Proximity - Year-over-year growth 2022-2027 (%)
    • 7.6 Flow - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Flow - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Flow - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Flow - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Flow - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Product
      • Exhibit 68: Market opportunity by Product ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 111: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Amkor Technology Inc.
              • Exhibit 123: Amkor Technology Inc. - Overview
              • Exhibit 124: Amkor Technology Inc. - Business segments
              • Exhibit 125: Amkor Technology Inc. - Key offerings
              • Exhibit 126: Amkor Technology Inc. - Segment focus
            • 12.4 Amphenol Advanced Sensors
              • Exhibit 127: Amphenol Advanced Sensors - Overview
              • Exhibit 128: Amphenol Advanced Sensors - Product / Service
              • Exhibit 129: Amphenol Advanced Sensors - Key offerings
            • 12.5 Analog Devices Inc.
              • Exhibit 130: Analog Devices Inc. - Overview
              • Exhibit 131: Analog Devices Inc. - Business segments
              • Exhibit 132: Analog Devices Inc. - Key news
              • Exhibit 133: Analog Devices Inc. - Key offerings
              • Exhibit 134: Analog Devices Inc. - Segment focus
            • 12.6 Broadcom Inc.
              • Exhibit 135: Broadcom Inc. - Overview
              • Exhibit 136: Broadcom Inc. - Business segments
              • Exhibit 137: Broadcom Inc. - Key news
              • Exhibit 138: Broadcom Inc. - Key offerings
              • Exhibit 139: Broadcom Inc. - Segment focus
            • 12.7 Hamamatsu Photonics KK
              • Exhibit 140: Hamamatsu Photonics KK - Overview
              • Exhibit 141: Hamamatsu Photonics KK - Business segments
              • Exhibit 142: Hamamatsu Photonics KK - Key news
              • Exhibit 143: Hamamatsu Photonics KK - Key offerings
              • Exhibit 144: Hamamatsu Photonics KK - Segment focus
            • 12.8 Honeywell International Inc.
              • Exhibit 145: Honeywell International Inc. - Overview
              • Exhibit 146: Honeywell International Inc. - Business segments
              • Exhibit 147: Honeywell International Inc. - Key news
              • Exhibit 148: Honeywell International Inc. - Key offerings
              • Exhibit 149: Honeywell International Inc. - Segment focus
            • 12.9 Maxim Integrated Products Inc.
              • Exhibit 150: Maxim Integrated Products Inc. - Overview
              • Exhibit 151: Maxim Integrated Products Inc. - Business segments
              • Exhibit 152: Maxim Integrated Products Inc. - Key offerings
              • Exhibit 153: Maxim Integrated Products Inc. - Segment focus
            • 12.10 Motion Solutions
              • Exhibit 154: Motion Solutions - Overview
              • Exhibit 155: Motion Solutions - Product / Service
              • Exhibit 156: Motion Solutions - Key offerings
            • 12.11 NXP Semiconductors NV
              • Exhibit 157: NXP Semiconductors NV - Overview
              • Exhibit 158: NXP Semiconductors NV - Product / Service
              • Exhibit 159: NXP Semiconductors NV - Key news
              • Exhibit 160: NXP Semiconductors NV - Key offerings
            • 12.12 Renesas Electronics Corp.
              • Exhibit 161: Renesas Electronics Corp. - Overview
              • Exhibit 162: Renesas Electronics Corp. - Business segments
              • Exhibit 163: Renesas Electronics Corp. - Key offerings
              • Exhibit 164: Renesas Electronics Corp. - Segment focus
            • 12.13 Robert Bosch GmbH
              • Exhibit 165: Robert Bosch GmbH - Overview
              • Exhibit 166: Robert Bosch GmbH - Business segments
              • Exhibit 167: Robert Bosch GmbH - Key news
              • Exhibit 168: Robert Bosch GmbH - Key offerings
              • Exhibit 169: Robert Bosch GmbH - Segment focus
            • 12.14 Rockwell Automation Inc.
              • Exhibit 170: Rockwell Automation Inc. - Overview
              • Exhibit 171: Rockwell Automation Inc. - Business segments
              • Exhibit 172: Rockwell Automation Inc. - Key news
              • Exhibit 173: Rockwell Automation Inc. - Key offerings
              • Exhibit 174: Rockwell Automation Inc. - Segment focus
            • 12.15 Siemens AG
              • Exhibit 175: Siemens AG - Overview
              • Exhibit 176: Siemens AG - Business segments
              • Exhibit 177: Siemens AG - Key news
              • Exhibit 178: Siemens AG - Key offerings
              • Exhibit 179: Siemens AG - Segment focus
            • 12.16 STMicroelectronics NV
              • Exhibit 180: STMicroelectronics NV - Overview
              • Exhibit 181: STMicroelectronics NV - Business segments
              • Exhibit 182: STMicroelectronics NV - Key news
              • Exhibit 183: STMicroelectronics NV - Key offerings
              • Exhibit 184: STMicroelectronics NV - Segment focus
            • 12.17 TDK Corp.
              • Exhibit 185: TDK Corp. - Overview
              • Exhibit 186: TDK Corp. - Business segments
              • Exhibit 187: TDK Corp. - Key news
              • Exhibit 188: TDK Corp. - Key offerings
              • Exhibit 189: TDK Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 190: Inclusions checklist
                • Exhibit 191: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 192: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 193: Research methodology
                • Exhibit 194: Validation techniques employed for market sizing
                • Exhibit 195: Information sources
              • 13.5 List of abbreviations
                • Exhibit 196: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              industrial sensors market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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