Smart Sensor Global Market Report 2023 – By Type (Touch Sensors, Flow Sensors , Smart Temperature Sensor, Smart Position Sensor, Turbidity Sensor), By Components (Digital-To-Analog Converter, Analog-To-Digital Convertor, Amplifier, Other Components), By Technology (CMOS, MEMS, Optical Spectroscopy, Other Technologies), By End-Users (Automotive, Consumer Electronics, Infrastructure, Healthcare, Other End-Users) – Market Size, Trends, And Global Forecast 2023-2032

The internet of things, or IoT, is a collection of interconnected smart devices, mechanical and digital machines, objects, animals, or people supplied with unique identifiers (UIDs) and the ability to transmit data across a network without needing human-to-human or human-to-computer interaction. IoT sensors are used in healthcare, automotive, transportation, manufacturing, and other industrial sectors. The main type of IOT sensors are temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, inertial sensors, image sensors and others. Temperature sensors help in monitoring the temperature of a ship to log it automatically. The IOT sensors are applied across various areas such as building automation, industrial application, automotive application, healthcare application, retailing & logistics application, security application, agriculture application, other applications and used in healthcare, automotive and transportation, manufacturing/ industrial, others. The global IoT sensors market is segmented - 1) By Product Type: Temperature sensors, Pressure sensors, Humidity sensors, Flow sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial sensors, Image sensors, Other Product Types 2) By Application: Building Automation, Industrial Application, Automotive Application, Healthcare Application, Retailing & Logistics Application, Security Application, Agriculture Application, Other Applications 3) By End-user Industry: Healthcare, Automotive and Transportation, Manufacturing / Industrial, Other End-Users The global IoT sensors market will grow from $6.2 billion in 2022 to $6.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size in global IoT sensors market is expected to grow to $8.67 billion in 2027 at a compound annual growth rate (CAGR) of 6.9%. The application of IoT in automotive and transport sectors is a key factor driving the growth of the IoT sensors market. The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. With industrial and commercial use, IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control, and data delivery at any transportation point. For instance, the companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. The driverless vehicles are likely to dominate the industry by 2030 according to NASDAQ estimates. Therefore, the application of IoT in automotive and transport industries is expected to drive the growth of the IoT sensors market. Major players in the IoT sensors market are Texas Instruments, TE Connectivity, NXP Semiconductors, STMicroelectronics, TDK Corporation, Infineon Technologies, Omron, Honeywell, Sensata Technologies, and Broadcom. The data security concerns are a key factor hampering the growth of the IoT sensors market. The rate of data intrusions is also increasingly growing with the rising technology. IoT systems are being newly built, and safety requirements are lacking, this serves as a major obstacle to the growth of the market for IoT sensors, since enterprise data protection is of great importance when designing analytical solutions for many vertical applications. For instance, a group of researchers from Ruhr University Bochum in Germany identified a security problem in the common messaging apps WhatsApp which could allow hackers to spy on private group chats. According to Forbes, in 2021, 97% of the firms are impacted by a cybersecurity breach in their supply chain and 93% of them suffered a direct cybersecurity breach. Therefore, the data security concerns are expected to limit the growth of the IoT sensors market. The artificial intelligence is a key trend in the IoT sensors market. Artificial intelligence is the basic ingredient required to process the huge amount of data gathered these days, and to maximize its value for the company. AI will assist IoT data analysis in the following areas, such as data accuracy in time series, predictive and advanced analytics, data preparation, geospatial and location real-time (logistic data). In 2020, based on their AI capabilities, the major cloud vendors, including Amazon, Microsoft and Google, are increasingly looking to succeed. Various companies hope to expand their market share with AI algorithms capable of exploiting machine learning and deep learning, allowing businesses to derive more value from their ever-increasing data volumes. In July 2021, Taoglas, an Ireland-based provider of advanced antennas and next-generation IoT solutions, acquired Smartsensor Technologies for an undisclosed amount. This acquisition allows Taoglas to expand their industrial and enterprise-level IoT services and accelerates their connected smart services growth objectives. Smartsensor Technologies is an Australia-based full-service Internet of Things company. Asia-Pacific was the largest region in the IoT sensors market in 2022. North America was the second-largest region in the global IoT sensors market share. The regions covered in the global IoT sensors market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The internet of things (IoT) sensors market consists of sales of temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, and other internet of things (IoT) sensors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The IoT sensors market research report is one of a series of new reports from The Business Research Company that provides IoT sensors market statistics, including IoT sensors industry global market size, regional shares, competitors with a IoT sensors market share, detailed IoT sensors market segments, market trends and opportunities, and any further data you may need to thrive in the IoT sensors industry. This IoT sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A pressure sensor is an instrument that consists of a pressure-sensitive element to determine the actual pressure applied to the sensor with the help of different working principles and some components to convert this information into an output signal. It is used to measure the pressure of gases or liquids. The main types of pressure sensors are absolute pressure sensors, gauge pressure sensors, differential pressure sensors, and others. The absolute pressure sensor uses absolute zero as its reference pressure, measured relative to a full vacuum. Regardless of variations in ambient or process temperature, absolute pressure remains exact and accurate. An absolute pressure sensor is used when testing against a consistent baseline. The various technologies used in pressure sensors include piezoresistive, capacitive, resonant solid-state, electromagnetic, optical, piezoelectric, and others. Pressure sensors are of the wired or wireless type and provide output in either analogue or digital. These sensors are applied in various industries such as automotive, industrial, consumer electronics, healthcare, oil and gas, aerospace and defense, and others. The global pressure sensor market is segmented - 1) By Product Type: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor, Other Product Types 2) By Technology: Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical, Piezoelectric, Other Technology 3) By Output: Analog, Digital 4) By Sensor Type: Wired, Wireless 5) By Application: Automotive, Industrial, Consumer Electronics, Healthcare, Oil And Gas, Aerospace And Defense, Other Applications The global pressure sensor market size grew from $12.32 billion in 2022 to $13.83 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the pressure sensor market is expected to grow to $20.27 billion in 2027 at a CAGR of 10.0%. The rising adoption of pressure sensors in industrial applications is expected to propel the growth of the pressure sensor market. In automation and industry, pressure sensors are used in systems to measure variables such as speed, fluid/gas flow, water level, and altitude. For instance, in 2020, Sensata Technologies, a US-based manufacturer of pressure sensors, launched hermetic pressure transducers that are built based on self-propelled micro silicon strain gauge technology. These sensors are used for industrial processes and contain mid-to high-pressure ranges. They have high accuracy, burst strength, and shock and vibration performance, which makes them a reliable and robust solution for customers with challenging measurement requirements. Therefore, the rising adoption of pressure sensors in industrial applications is driving the growth of the pressure sensor market. Major players in the pressure sensor market are ABB Ltd., Emerson Electric Co., Honeywell International Inc., Infineon Technologies, NXP Semiconductors, Rockwell Automation Inc., Sensata Technologies, Siemens, STMicroelectronics, TE Connectivity, Amphenol, BD SENSORS GmbH, Bosch Sensortec GmbH, Eaton, General Electric, ifm electronic GmbH, Micro Sensor Co., Ltd., Quartzdyne Inc., Renesas Electronics, and TT Electronics. Technological advancements are a key trend gaining popularity in the pressure sensor market. For instance, in 2021, BD Sensors GmbH, a Germany-based manufacturer of pressure sensors and pressure measurement devices, launched a DS5 electronic pressure switch. It has been designed for use in mobile working machines such as cranes, excavators, and harvesters, and provides operational safety in mobile working machines. It is available in the measuring ranges from 16 to 600 bar and is characterised by having a switching accuracy of 1% FSO and a high overload. In March 2021, Mettler-Toledo International Inc., a US-based manufacturer of analytical instruments, acquired PendoTECH for a deal amount of $205 million. Through this acquisition, Mettler-Toledo International Inc. is expected to increase its product portfolio and update its existing product line. PendoTECH is a US-based manufacturer of single-use pressure sensors, transmitters, and control systems. North America was the largest region in the pressure sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pressure sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Pressure Sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The pressure sensor market consists of sales of gauge pressure sensors, absolute pressure sensors, differential pressure sensors, and other pressure sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The pressure sensor market research report is one of a series of new reports from The Business Research Company that provides Pressure Sensor market statistics, including global market size, regional shares, competitors with a Pressure Sensor market share, detailed Pressure Sensor market segments, market trends and opportunities, and any further data you may need to thrive in the Pressure Sensor industry. This Pressure Sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The automotive sensors are used to detect, transmit, analyse, record, and display information about the vehicle's internal and external surroundings. Automotive sensors are intelligent sensors that monitor the vehicle's condition and either provide information to the user or automatically make the required changes to the vehicle. Automotive sensors check incoming air temperature, fuel-air mixture, manifold pressure, wheel speed, and others. The main types of automotive sensors are temperature sensors, pressure sensors, speed sensors, level-position sensors, magnetic sensors, gas sensors, and inertial sensors. Temperature sensors measure the temperature of the air outside the automobile. It usually consists of thermocouples, thermistors, or resistance. Automotive sensors are based on different types of technology, such as nano-electro-mechanical systems and micro-electro-mechanical systems. Automotive sensors are used in various vehicle types, including passenger cars, light commercial vehicles, and heavy commercial vehicles. These automotive sensors are used on the powertrain, chassis, exhaust, ADAS, and other applications. The global automotive sensors market is segmented - 1) By Type: Temperature Sensors, Pressure Sensors, Speed Sensors, Level/Position Sensors, Magnetic Sensors, Gas Sensors, Inertial Sensors 2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle 3) By Technology: Nano-Electro-Mechanical Systems, Micro-Electro-Mechanical Systems 4) By Application Type: Powertrain, Chassis, Exhaust, ADAS, Other Applications The global automotive sensors market size grew from $24.79 billion in 2022 to $28.29 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive sensors is expected to grow to $48.05 billion in 2027 at a CAGR of 14.2%. The rising adoption of autonomous vehicles is expected to propel the growth of the automotive sensors market. Autonomous vehicles are driverless vehicles that operate and perform necessary functions on their own without any human intervention. The use of automotive sensors in autonomous vehicles has reduced the drivers' stress and increased the productivity of the vehicle. For instance, the global autonomous car market is projected to grow from $1.64 billion in 2021 to $11.03 billion in 2028 at a CAGR of 31.3% due to the increased demand. Hence, the rising adoption of autonomous vehicles plays an important role in the growth of the automotive sensors market. The automotive sensors market is dominated by Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, Sensata Technologies, Allegro Microsystems Inc., Analog Devices Inc., ELMOS Semiconductor SE, Aptiv plc, NXP Semiconductors N.V., STMicroelectronics N.V., CTS Corporation, Texas Instruments Incorporated, TE Connectivity Ltd., ZF Friedrichshafen, Magna International. The rise in the use of pressure sensors in the automotive industry is a key trend gaining popularity in the automotive sensor market. Pressure sensors are used for discovering the early faults in hydraulic brakes, optimising the fuel mix to match the air pressure, automatic cleaning of exhaust filters, tracking exhaust recirculation, critical fluid examinations, finding vapour leakages, triggering airbags faster, and launching pedestrian airbags. For example, in September 2020, Sensata Technologies, Inc., an industrial technology company and a leading provider of sensors, launched the new PTE7100 and PTE7300 hermetic pressure sensors for industrial applications. The sensor is made with the leading micro silicon strain gauge technology in the automotive industry. The sensor has several unique features, including high accuracy, burst strength, and shock performance, making it a robust solution for customers with challenging measurement requirements. In April 2020, Infineon Technologies AG, a semiconductor manufacturer in Germany, acquired Cypress Semiconductor Corporation for $10 billion. The acquisition is expected to enhance Infineon’s position as a leader in system solutions for the IoT, automotive, and industrial markets. Cypress Semiconductor Corporation is an American manufacturer of sensors and semiconductors. Asia-Pacific was the largest region in the automotive sensors market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the automotive sensors market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Automotive Sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive sensors market consists of revenues earned by entities by providing automotive sensors services such as autonomous driving and automated parking system. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive sensors market also includes sales of battery mini-breakers, thermal cutoff devices, capacitors, contactors, DC power distribution modules, DC solenoids and relays equipment which are used in providing automotive sensors services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive sensors market research report is one of a series of new reports from The Business Research Company that provides automotive sensors market statistics, including global market size, regional shares, competitors with automotive sensors market share, detailed automotive sensors market segments, market trends and opportunities, and any further data you may need to thrive in the automotive sensors industry. This automotive sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

An industrial sensor consists of an input device that provides an output signal with respect to a physical quantity or input. It is used to monitor, analyze, and process several changes in the industrial manufacturing process. The main industrial sensor types include image sensors, pressure sensors, temperature sensors, level sensors, position sensors, humidity sensors, force sensors, and other sensors. Image sensors are used to convert an optical image into an electronic signal. Image sensors are used in imaging devices to convert light received through the imaging device into a digital image. The different industrial sensor operation types include contact and non-contact, which are used by various end-users such as manufacturing, oil and gas, chemicals, pharmaceuticals, energy and power, and mining. The global industrial sensor market is segmented - 1) By Sensor Type: Image Sensor, Pressure Sensor, Temperature Sensor, Level Sensor, Position Sensor, Humidity Sensor, Force Sensor , Other Sensors 2) By Operation Type: Contact, Non-Contact 3) By End-User: Manufacturing, Oil And gas, Chemicals, Pharmaceuticals, Energy And power, Mining The global industrial sensor market size grew from $19.04 billion in 2022 to $21.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global industrial sensor is expected to grow to $31.07 billion in 2027 at a CAGR of 10.2%. Increasing industrial automation is significantly driving the growth of the industrial sensor market. Industrial sensors are crucial to industrial automation because they allow processes to be intelligent and self-contained. These enable the detection, evaluation, measurement, and processing of a wide range of transformations that occur in industrial manufacturing facilities, including changes in position, length, height, exterior, and dislocation. Through industrial automation, several sensing devices enable robotic procedures like deburring, grinding, polishing, and sanding. For instance, Switzerland-based ABB Robotics conducted a poll of 250 UK industrial organisations in 2021 and observed a shift in views toward automation in the country, with 81.2% of companies favouring it. Furthermore, in October 2021, the Saudi Ministry of Industry and Mineral Resources revealed that its Fourth Industrial Revolution (4IR) strategy aims to convert 4,000 sectors from heavy reliance on foreign labour to digital automation in the next five years. Hence, increasing industrial automation is expected to drive the industrial sensor market in the forecast period. Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics, First Sensor AG, Siemens, Amphenol Corporation, Bosch Sensortec, NXP Semiconductors, Renesas Electronics, Teledyne Digital Imaging Inc., Figaro Engineering Inc., Endress+Hauser, Safran Colibrys SA, Integrated Device Technology, and Infineon Technologies are major players in the industrial sensor market. Technological advancement is a trend gaining popularity in the industrial sensor market. Technological advancement helps in gaining an edge over competitors. Companies in the market are focusing on developing new technological solutions to get more precise, real-time control to strengthen their position. For instance, in August 2020, PCTEL, Inc., a US-based provider of industrial IoT devices and antennas, added a wireless communication sensor platform to its industrial IoT portfolio. This platform includes a sensor for easy integration and a communication board, a development kit for application-specific customization, and a battery-enabled wireless sensor endpoint for seamless installation. Furthermore, in June 2020, STMicroelectronics, a Swiss semiconductor and electronics manufacturer, launched QST108, a capacitive touch sensor that allows the easy creation of back-lit sensing surfaces, thereby enabling companies to decrease touch-panel costs while creating modern interfaces. In March 2021, Datalogic, an Italian company involved in the design and production of sensors for detection and radio-frequency identification, acquired M.D. Micro Detectors SpA from Finmasi di Marcello Masi & C. SAPA for an undisclosed amount. The transaction allows Datalogic to strengthen its presence in the industrial automation market through the addition of ultrasonic and inductive sensors to its product range, with applications in different industrial sectors including pharmaceuticals, electronics, automotives, and logistics. M.D. Micro Detectors is an Italy-based company involved in designing and manufacturing different types of industrial sensors and safety devices. Asia-Pacific was the largest region in the industrial sensor market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial sensor market consists of sales of pressure sensors, level sensors, infrared sensors, proximity sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial sensor market research report is one of a series of new reports from The Business Research Company that provides industrial sensor market statistics, including industrial sensor industry global market size, regional shares, competitors with an industrial sensor market share, detailed industrial sensor market segments, market trends and opportunities, and any further data you may need to thrive in the industrial sensor industry. This industrial sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A temperature sensor is an electronic device that records, monitors, or signals temperature changes by measuring the temperature of its surroundings and converting the input data into electronic data. Temperature sensors are used to take accurate temperature measurement readings. The main types of temperature sensors are contact temperature sensors and non-contact temperature sensors. Contact temperature sensors are electronic devices that need to be kept in physical contact with the substance for being sensed and use conduction mechanisms to monitor temperature changes. They are used to detect a wide range of temperatures. The different outputs include digital, and analog and involve various connectivity types such as wired, and wireless. It is used in several sectors including the manufacturing industry, aerospace industry, energy sector, electronics industry, HVAC industry, and others. The global temperature sensor market is segmented - 1) By Product Type: Contact Temperature Sensors, Non-Contact Temperature Sensors 2) By Output: Digital, Analog 3) By Connectivity: Wired, Wireless 4) By End-User: Manufacturing Industry, Aerospace Industry, Energy Sector, Electronics Industry, HVAC Industry, Other End-Users The global temperature sensor market size grew from $8.18 billion in 2022 to $8.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The temperature sensor market size is expected to grow to $12.65 billion in 2027 at a CAGR of 9.3%. The growing healthcare sector is significantly contributing to the growth of the temperature sensor market. The incthe reasing healthcare business necessitates the use of temperature sensors to provide dependable and precise monitoring of key temperatures. Temperature sensors are used in sleep apnea machines, digital thermometers, blood analyzers, anesthesia delivery machines, neonatal intensive care units to monitor patient temperature, ventilators, medical incubators, humidified oxygen heater temperature monitoring and control equipment, and kidney dialysis machines. For instance, according to India Brand Equity Foundation (IBEF) report, the healthcare sector is estimated to reach USD372 billion by 2022. Therefore, the growing healthcare sector is projected to propel the growth of the temperature sensor market in the coming years. Major players in the temperature sensor market are Siemens AG, NXP Semiconductors N.V., Infineon Technologies AG, Texas Instruments Incorporated, Denso Corporation, TE Connectivity, Omron Corporation, Sensor Scientific Inc., CTS Corporation, WIKA Instruments India Pvt. Ltd., Keyence Corporation, Dwyer Instruments Ltd., Standex Electronics Inc., Thermocouple Technology LLC, Kelvin Technologies Inc., and Thermo Sensors Corporation. The growing technological advancements are shaping the temperature sensor market. Key players operating in the temperature sensor market are focusing on developing advanced technological temperature sensor devices to strengthen their position in the market. For instance, in March 2020, Polysense Technologies Inc., a US-based company that offers IoT-based temperature sensors launched WxS x800-IRTMS and WxS x800-IRTM based on IoT edge computing technology. WxS x800-IRTMS is a standalone thermal meter that measures human body temperature infrared touch-free. The WxS x800-IRTM is a self-calibrated IoT big data thermal meter that supports a variety of wireless uplinks for cloud connectivity, including NB-IoT, Wi-Fi, LoRaWAN, and 4G LTE. In December 2020, CTS Corporation, a US-based manufacturer of sensors and electronic components including temperature sensors acquired Sensor Scientific Inc. for an undisclosed amount. This acquisition will help CTS Corporation to expand its temperature sensing product portfolio and build a strategy for innovative products. Sensor Scientific Inc. is a US-based company that designs, develops, and manufactures temperature sensor assemblies and thermistor sensors for various industries. Asia-Pacific was the largest region in the temperature sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global temperature sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the temperature sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The temperature sensor market consists of sales of contact-type temperature sensors and noncontact-type temperature sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The temperature sensor market research report is one of a series of new reports from The Business Research Company that provides temperature sensor market statistics, including temperature sensor industry global market size, regional shares, competitors with a temperature sensor market share, detailed temperature sensor market segments, market trends and opportunities, and any further data you may need to thrive in the temperature sensor industry. This temperature sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The vibration sensor are used to measure the frequency of vibration in a given system, machine, or equipment. Vibration sensors are devices that convert vibrations into electrical output and measure the levels of vibration in machines, devices, and equipment. These sensors are also used for measuring fluctuating accelerations or speeds or for normal vibration measurement. The main product types of vibration sensors are velocity transducers, electrodynamics, accelerometers, and non-contact displacement transducers. Velocity transducers are used to detect high-frequency vibration signals related to casing and foundation resonances, bearing supports, and others. The velocity transducers are used in gas turbines, axial compressors, and small and mid-size pumps. The different vibration sensor materials include doped silicon, quartz, and piezoelectric ceramics. The different vibration sensor technologies include piezoresistive, strain gauge, variable capacitance, and optical, which are used by end-users such as aerospace, coal and quarry, oil and gas, medical and pharmaceuticals, automobiles, and consumer electronics. The global vibration sensor market is segmented - 1) By Product Type: Velocity Transducers, Electrodynamics, Accelerometers, Non-Contact Displacement Transducer 2) By Material: Doped Silicon, Quartz, Piezoelectric Ceramics 3) By Technology: Piezoresistive, Strain Gauge, Variable Capacitance, Optical 4) By End User: Aerospace, Coal And Quarry, Oil And Gas, Medical And Pharmaceuticals, Automobile, Consumer Electronics The global vibration sensor market size grew from $3.68 billion in 2022 to $4.03 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of vibration sensor market is expected to grow to $5.68 billion in 2027 at a CAGR of 9.0%. The growing airline industry is expected to propel the growth of the vibration sensor market. In aircraft, vibration analysis is carried out on engines to check vibration levels and ensure no cracking, functioning avionics, and engine performance. According to Boeing’s 2020–2039 commercial market outlook, India's domestic air passenger market is expected to double its size by 2030, from pre-pandemic levels, creating demand for an additional 2,200 new commercial aircraft in the next 20 years in India. Hence, the growing airline industry is expected to contribute to the demand for vibration sensors, thus driving the growth of vibration sensor market during the forecast period. TE Connectivity Ltd., Honeywell International Inc., Emerson Electric Co, Robert Bosch GmbH, Dytran Instruments, Inc., Fluke Corporation, NXP Semiconductors N.V., FUTEK Advanced Sensor Technology, Inc., Hansford Sensors Ltd., Keyence Corporation, Colibrys Ltd., DIS Sensors, SKF GmbH, Texas Instruments Incorporated, Omron Corp, and PCB Piezotronics are major market players. Technological advancements are a key trend gaining popularity in the vibration sensors market. Technological advancement is the discovery of knowledge that advances technology. For instance, in March 2020, SKF, a Sweden-based manufacturer of industrial products, launched a compact and cost-effective vibration and temperature sensor for monitoring the condition of rotating parts on heavy industrial machinery. The sensor, named SKF Enlight Collect IMx-1, enables customers to reduce both expensive unplanned downtime and their maintenance costs. It can be used to automate the gathering of data regarding the health of machinery. In December 2020, Japan-based machine manufacturing company, NSK Ltd., acquired B&K Vibro for an undisclosed amount. The deal further strengthens NSK's ability to cater to the growing needs of automation, labour savings, smart technology, and environmental measures. The acquisition strengthens NSK’s condition monitoring system (CMS) business platform and enhances its position in the condition monitoring market. B&K Vibro is a Germany-based condition monitoring systems company offering products and services such as vibration sensors, vibration monitors, online-integrated plant-wide monitoring solutions and others. North America will be the largest region in the vibration sensor market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global vibration sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vibration sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The vibration sensor market consists of sales of accelerometer, strain gauges, electromagnetic velocity sensor. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vibration sensor market research report is one of a series of new reports from The Business Research Company that provides vibration sensor market statistics, including global market size, regional shares, competitors with a vibration sensor market share, detailed vibration sensor market segments, market trends and opportunities, and any further data you may need to thrive in the vibration sensor industry. This vibration sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A chemical sensor is a device that identifies and analyzes chemical properties in an analyte (the technical term for the chemical material under investigation) and converts the chemical data into electronic data. The main types of products in chemical sensors are electrochemical, optical, pallister, or catalytic bead, and others. Electrochemical sensors are devices that combine a chemically selective layer to an electrochemical transducer to provide information about the composition of a solution in real-time. The different detection methods include gas sensors, pH sensors, humidity sensors, biosensors and are available in various particulate forms such as solid, liquid, gas. It is implemented in various sectors such as oil and gas, automotive, medical, environmental monitoring, industrial, and others. The global chemical sensors market is segmented - 1) By Product Type: Optical, Pallister Or Catalytic Bead, Other Product Types 2) By Particulate Type: Liquid, Gas 3) By Detection Method: pH Sensors, Humidity Sensors, Bio Sensors 4) By End-User: Automotive, Medical, Environmental Monitoring, Industrial, Other End-Users The global chemical sensors market size grew from $28.84 billion in 2022 to $31.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global chemical sensors is expected to grow to $44.8 billion in 2027 at a CAGR of 9.3%. The increasing use of chemical sensors in the automotive industry is expected to drive the growth of the chemical sensors market in the forecast period. Automobile traffic is the primary source of exhaust gases. The chemical sensors and measurement technology can aid in improving engine performance, increasing energy efficiency, and lowering pollutant emissions. For instance, in January 2021, Gentex Corporation, a US-based high technology electronics company, introduced nanofiber sensing technology for detecting a wide range of chemicals, ranging from explosives to volatile organic compounds, with applications in a variety of industries including automotive, aerospace, and others. The company is presently working on a variant of this technology with an autonomous vehicle manufacturer to deliver the first smoke detector developed to identify smoke and vape within the vehicle environment. Therefore, the rising use of chemical sensors in the automotive industry propels the chemical sensors market growth. Major players in the chemical sensors market are Honeywell International Inc., Siemens AG, Halma PLC, Denso Corporation, Emerson Electric, General Electric, Intelligent Optical Systems, SICK AG, Alpha MOS, The Bosch Group, Hans Turck GmbH & Co. KG, Owlstone Inc., Spec Sensors, Nemoto, SenseAir AB, Freescale Semiconductor Inc., and JLM Innovation GmbH. Artificial Intelligence (AI) is an emerging trend in the chemical sensors market. Artificial intelligence (AI) is increasingly being used in chemical sensors to assist in the identification and quantification of the ubiquitous mix of chemicals that comprise the environment. The ability of novel AI algorithms to seamlessly integrate with chemical sensors for material innovations and robust additive manufacturing technologies is impressive. For instance, in November 2022, King Abdullah University of Science and Technology (KAUST), a Saudi-Arabia-based private research university, engineered a artificial intelligence-based chemical sensor to identify specific gases in the air with high selectivity and sensitivity. This smart electronic chemical sensor is capable of precisely identifying the target gas among the compound mixture of chemicals found in the air and can be used in applications ranging from medical diagnostics to the detection of hazardous industrial gas leakages. Additionally, for each tested gas, specific signature markers are created using data processing and machine learning algorithms to create an accurate and specialized gas categorization model. In February 2020, Halma plc, a UK-based company offering various sensors including chemical sensors acquired Maxtec LLC, for an undisclosed amount. Through this deal, Halma aimed at expanding its gas sensor portfolio with oxygen analysis sensors and delivery products. Maxtec LLC is a US-based company that manufactures the highest-of-quality gas sensors, analyzers, and gas delivery products. North America was the largest region in the chemical sensors market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical sensors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the chemical sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The chemical sensors market consists of sales of optical sensors, electrochemical, catalytic beads, and other chemical sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The chemical sensors market research report is one of a series of new reports from The Business Research Company that provides chemical sensors market statistics, including chemical sensors industry global market size, regional shares, competitors with a chemical sensors market share, detailed chemical sensors market segments, market trends and opportunities, and any further data you may need to thrive in the chemical sensors industry. This chemical sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A photoelectric sensor refers to a sensor that emits a light beam from its light-emitting element. Photoelectric sensors are used in consumer electronics, industrial manufacturing, automotive and transportation, building automation, food and beverages, pharmaceuticals and medical, packaging, and other sectors. The main types of a photoelectric sensor are proximity photoelectric sensor and fiber optic photoelectric sensor. The proximity photoelectric sensor detects objects directly in front of them by detecting the sensor’s own transmitted light reflected from an object’s surface and the fiber optic photoelectric sensor detects mechanical strain or temperature, concentrations of chemical species, acceleration, rotations, pressure, vibrations, and displacements The technologies used in photoelectric sensors are retro-reflective, through-beam, and diffused, and the range of detection varies from being =100 mm, 100 to 1,000 mm, 1,000 to 10,000 mm, and >10,000 mm. The photoelectric sensors are used in various sectors including consumer electronics, industrial manufacturing, automotive and transportation, building automation, food and beverages, pharmaceuticals and medical, and packaging. The global photoelectric sensor market is segmented - 1) By Type: Proximity Photoelectric Sensor, Fiber Optic Photoelectric Sensor 2) By Technology: Retro-Reflective, Through-Beam, Diffused, Other Technologies 3) By Range: =100 mm, 100 to 1,000 mm, 1,000 to 10,000 mm, >10,000 mm 4) By Application: Consumer Electronics, Industrial Manufacturing, Automotive and Transportation, Building Automation, Food and Beverages, Pharmaceuticals and Medical, Packaging, Other Applications The global photoelectric sensor market size grew from $1.76 billion in 2022 to $1.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the photoelectric sensor market is expected to grow to $2.71 billion in 2027 at a CAGR of 9.2%. The increasing demand for photoelectric sensor from various industries such as consumer electronics, automotive and transportation, building automation, food and beverages, pharmaceuticals and medical, packaging, and industrial manufacturing is expected to drive the market for photoelectric sensors during the forecast period. For instance, automated doors and gates on buses, trains, elevators, garages and others need to have reliable sensing technology so that they open and close at correct times. Photoelectric sensors coupled with infrared scanners can detect approaching people or vehicles and can open or close doors accordingly. Therefore, the demand for photoelectric sensors is increasing in various applications including automotive and this is expected to drive the market during the forecast period. Major players in the photoelectric sensor market are Schneider, Baumer Group, Panasonic, Omron Corp., SICK, Keyence, Rockwell Automation, Balluff, Banner, Tri-Tronics, Baumer, Hans Turck, Pepperl+Fuchs (Germany), and Di-soric. The outbreak of COVID-19 has impacted the demand and supply chain of the photoelectric sensors market and this has restrained the market growth during the period. The shutdown of business operations across the world, owing to the impact of COVID-19 has resulted in a decline in the demand for photoelectric sensors from various industries. Also, due to lockdown norms imposed, the production of photoelectric sensors in manufacturing facilities across the world has been temporarily shut down to curb the spread of the virus and this had significantly impacted the players operating in the photoelectric sensors value chain. Therefore, the COVID-19 outbreak during 2020 has hindered the market growth of photoelectric sensors during the historic period. The emergence of smart photoelectric sensors is a key trend in the photoelectric sensor market. The smart photoelectric sensor contains built-in microprocessor-based intelligence that provides them with new capabilities to optimize their adjustments and make them more reliable. Smart photoelectric sensors are rapidly becoming the norm rather than the exception and deliver advanced self-diagnostics and the ability to interface with sensor networks. For example, conventional photoelectric sensors fail to operate under any problems like accumulated dust on the lenses, whereas a smart photoelectric sensor has a microprocessor chip that initiates an alarm signal to the controller and flash LED. Diagnostic alarms provide early warnings against the problem that occurred. Therefore, smart photoelectric sensors are more reliable and efficient and it is an emerging trend in the smart photoelectric market. In November 2020, Pepperl+Fuchs, a Germany-based innovator of industrial sensors for factory automation acquired USi® ultrasonic safety sensor from Mayser GmbH & Co. KG for an undisclosed amount. This acquisition adds the world's only ultrasonic sensor for PL d applications to Pepperl+Fuchs' safety portfolio. Mayser GmbH & Co. KG is a Germany-based company that develop and produce high-quality products and photoelectric sensor system solutions for numerous industries. Asia-Pacific was the largest region in the photoelectric sensor market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the photoelectric sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the photoelectric sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The photoelectric sensor market consists of sales of proximity photoelectric sensors and fiber optic photoelectric sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The photoelectric sensor market research report is one of a series of new reports from The Business Research Company that provides photoelectric sensor market statistics, including photoelectric sensor industry global market size, regional shares, competitors with a photoelectric sensor market share, detailed photoelectric sensor market segments, market trends and opportunities, and any further data you may need to thrive in the photoelectric sensor industry. This photoelectric sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.