Global Industrial Sensors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Sensor Type;

Temperature Sensor, Proximity Sensor, Pressure Sensor, Position Sensor, Others.

By Type;

Contact, and Non-contact.

By Application;

Manufacturing, Chemicals, Pharmaceuticals, Energy & Power, and Mining.

By End User;

Discrete, Process, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn925465353 Published Date: May, 2025 Updated Date: June, 2025

Industrial Sensors Market Overview

Industrial Sensors Market (USD Million)

Industrial Sensors Market was valued at USD 26,866.39 million in the year 2024. The size of this market is expected to increase to USD 49,747.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.


Global Industrial Sensors Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.2 %
Market Size (2024)USD 26,866.39 Million
Market Size (2031)USD 49,747.09 Million
Market ConcentrationMedium
Report Pages309
26,866.39
2024
49,747.09
2031

Major Players

  • Rockwell Automation
  • Honeywell International Inc.
  • Texas Instruments Incorporated
  • Panasonic
  • STMicroelectronics
  • TE Connectivity
  • Siemens
  • Amphenol Corporation
  • Dwyer Instruments, LLC.
  • Bosch Sensortec

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Industrial Sensors Market

Fragmented - Highly competitive market without dominant players


The Global Industrial Sensors Market is growing steadily, driven by the widespread push for automation in manufacturing processes. Sensors are now integral to enhancing productivity and ensuring precision. Approximately 65% of industrial setups incorporate sensor-based automation, highlighting their crucial role in driving operational excellence.

Advancements in Sensor Technology
Rapid improvements in smart sensing, microelectromechanical systems (MEMS), and AI-powered solutions are redefining sensor performance. Enhanced sensitivity, speed, and resilience are setting new industry standards. Over 50% of modern sensor systems utilize smart technologies, signaling a broader shift toward intelligent and adaptive sensing frameworks.

Synergy with Digital Platforms and IIoT
The growing adoption of Industrial Internet of Things (IIoT) platforms is amplifying the impact of sensor technologies. Over 55% of companies are embedding sensors within digital infrastructure for enhanced data acquisition and analytics. This integration supports real-time insights and smarter manufacturing operations.

Growing Investments in Sensor Innovation
Investment in sensor innovation is a priority for industries aiming to stay ahead. More than 40% of development efforts are targeting multi-sensing capabilities and sustainable design. These investments are fostering a robust industrial sensor ecosystem that is both adaptive and future-ready.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By SensorType
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Industrial Sensors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation
        2. IoT integration
        3. Predictive maintenance
      2. Restraints
        1. Cost constraints
        2. Integration challenges
        3. Reliability issues
      3. Opportunities
        1. IoT Integration
        2. Predictive Maintenance
        3. Smart Manufacturing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Sensors Market, By Sensor Type, 2021 - 2031 (USD Million)
      1. Temperature Sensor
      2. Proximity Sensor
      3. Pressure Sensor
      4. Position Sensor
      5. Others
    2. Industrial Sensors Market, By Type, 2021 - 2031 (USD Million)
      1. Contact
      2. Noncontact
    3. Industrial Sensors Market, By Application, 2021 - 2031 (USD Million)
      1. Manufacturing
      2. Chemicals
      3. Pharmaceuticals
      4. Energy & Power
      5. Mining
    4. Industrial Sensors Market, By End-User, 2021 - 2031 (USD Million)
      1. Discrete
      2. Process
      3. Others
    5. Industrial Sensors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Rockwell Automation
      2. Honeywell International Inc.
      3. Texas Instruments Incorporated
      4. Panasonic
      5. STMicroelectronics
      6. TE Connectivity
      7. Siemens
      8. Amphenol Corporation
      9. Dwyer Instruments, LLC.
      10. Bosch Sensortec
  7. Analyst Views
  8. Future Outlook of the Market