Industrial Sensors Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 23.87 Billion
CAGR (2026-2031)	7.87%
Fastest Growing Segment	Oil & Gas
Largest Market	Asia Pacific
Market Size (2031)	USD 37.61 Billion

Market Overview

The Global Industrial Sensors Market will grow from USD 23.87 Billion in 2025 to USD 37.61 Billion by 2031 at a 7.87% CAGR. Industrial sensors are precision components designed to detect physical or chemical changes in an environment and convert these inputs into data for monitoring systems. The market is primarily driven by the widespread adoption of Industry 4.0 and the Industrial Internet of Things which necessitate real time analytics for predictive maintenance and process optimization. This demand is further bolstered by the increasing integration of automation technologies across global manufacturing sectors to enhance operational efficiency and safety compliance.

A significant challenge impeding market expansion is the economic instability within key consumer industries such as automotive and mechanical engineering. Fluctuating demand from these sectors often results in postponed capital investments and reduced order volumes for sensory hardware. According to the AMA Association for Sensors and Measurement, in 2025, the industry recorded a ten percent decline in revenue during the third quarter of 2024 compared to the previous year. This volatility underscores the sensitivity of the market to broader economic downturns and supply chain constraints that delay the adoption of advanced sensing solutions.

Key Market Drivers

The rapid adoption of Industry 4.0 and smart manufacturing initiatives fundamentally restructures the demand profile for industrial sensors. Manufacturers are aggressively integrating digital ecosystems to gain real-time visibility into production lines, necessitating a high volume of sensing units for data acquisition. This shift towards data-centric operations drives capital expenditure in sensor-laden technologies, as these components are essential for the connectivity and analytics required in modern industrial frameworks. According to Rockwell Automation, March 2024, in the '9th Annual State of Smart Manufacturing Report', 95 percent of manufacturers are using or evaluating smart manufacturing technology to enhance their operations. This widespread technological integration ensures that sensors remain a critical investment priority for optimizing factory throughput and quality control.

The expansion of industrial automation and robotics in emerging and established economies further propels the market. As production facilities automate complex tasks, the reliance on sensors for navigational accuracy, safety, and object detection increases proportionally. According to the International Federation of Robotics, September 2024, in the 'World Robotics 2024' report, global new industrial robot installations reached a record high of 541,302 units in 2023. The deployment of these robotic systems directly correlates with increased procurement of vision and motion sensors needed to guide machinery. Providing a broader perspective on industry performance, according to SICK AG, in 2024, sales rose by 5.4 percent to EUR 2,307 million during the 2023 fiscal year, reflecting sustained demand for sensor solutions despite broader economic challenges.

Download Free Sample Report

Key Market Challenges

Economic instability within key consumer industries, particularly the automotive and mechanical engineering sectors, poses a substantial barrier to the expansion of the Global Industrial Sensors Market. These heavy industries are primary end-users of sensory hardware, integrating these components into production lines for automation, quality control, and safety monitoring. When these sectors experience fluctuating demand or financial uncertainty, manufacturers typically respond by freezing budgets and postponing capital expenditures. This immediate reduction in investment halts the deployment of new automation projects and upgrades, directly severing the demand pipeline for industrial sensors essential to these systems.

The impact of this reluctance is profound, as sensor manufacturers rely heavily on high-volume orders from these core sectors to sustain growth. This dependency makes the market highly sensitive to broader industrial downturns. According to the VDMA Robotics + Automation Association, in 2025, the German robotics and automation sector forecast a revenue decline of ten percent for the year due to structural challenges and weakened demand from the automotive industry. This contraction in the automation market, which functions as a critical host for sensor technologies, clearly demonstrates how economic volatility in parent industries directly hampers the uptake of advanced sensing solutions.

Key Market Trends

The Miniaturization of Sensors via Advanced MEMS Fabrication is revolutionizing the Global Industrial Sensors Market by enabling the deployment of high-performance sensing capabilities in increasingly compact footprints. This trend is characterized by the reduction of physical sensor dimensions without compromising sensitivity, allowing for seamless integration into space-constrained machinery and complex robotic assemblies where traditional sensors would be obtrusive. The scalability of this fabrication technology is driving massive volume deployments, facilitating the creation of dense sensor networks essential for granular operational monitoring. According to EDN Network, September 2025, in the article '20-year-old Bosch Sensortec eyes AI inside MEMS sensors', Bosch Sensortec reported shipping more than one billion MEMS sensors in 2024, highlighting the manufacturing maturity and ubiquity of these miniaturized components which are now foundational to modern industrial IoT infrastructures.

Concurrently, the Integration of Edge AI and Machine Learning for On-Device Analytics is fundamentally shifting data processing from centralized cloud architectures to the sensor node itself. This transition minimizes latency and bandwidth usage by enabling sensors to interpret raw data locally, allowing for real-time anomaly detection and immediate autonomous control actions on the factory floor. Manufacturers are responding to this demand by developing microcontrollers with dedicated neural processing units that support complex inference tasks directly within the sensor housing. According to STMicroelectronics, December 2024, in the press release 'STMicroelectronics to Boost AI at the Edge with New NPU-accelerated STM32 Microcontrollers', the company's new STM32N6 series delivers 600 times more machine-learning performance than traditional high-end microcontrollers, providing the computational power necessary to execute sophisticated analytics at the industrial edge.

Segmental Insights

The Oil & Gas industry is recognized as the fastest-growing segment in the Global Industrial Sensors Market, driven by the increasing necessity for remote monitoring and operational safety. Stringent safety mandates from institutions such as the Occupational Safety and Health Administration require continuous tracking of pressure and flow to mitigate hazardous risks. Additionally, the sector prioritizes automation to enhance extraction efficiency and minimize human interaction with dangerous machinery. This focus on regulatory compliance and predictive maintenance creates a sustained demand for industrial sensors throughout upstream and downstream activities.

Regional Insights

Asia Pacific dominates the Global Industrial Sensors Market, primarily due to its expansive manufacturing base and the rapid industrialization of emerging economies. Key nations such as China and India drive this expansion, supported by government initiatives like "Made in China 2025" and "Make in India" that actively promote the adoption of smart manufacturing and automation. The region also benefits from a robust semiconductor supply chain, which ensures the consistent production of essential sensor components. Furthermore, the accelerating integration of Industry 4.0 practices within the automotive and consumer electronics sectors solidifies the region's leading market position.

Recent Developments

In July 2024, SICK AG announced the launch of the Inspector83x, a 2D vision sensor integrated with artificial intelligence for high-speed inline inspection tasks. The device was engineered to provide a resolution of up to five megapixels and featured built-in illumination and powerful data processing capabilities. A key innovation of the sensor was its user-friendly interface, which allowed operators without specialized machine vision knowledge to configure AI inspections using a small number of examples. This development aimed to streamline quality assurance processes and defect detection in manufacturing by enabling rapid setup and seamless integration into industrial networks.
In June 2024, Vishay Intertechnology completed the acquisition of Ametherm, a manufacturer specializing in inrush current limiters and sensing thermistors, in a transaction valued at approximately $31.5 million. This strategic move was executed to broaden the company's portfolio of circuit protection and temperature sensing technologies for the industrial, automotive, and medical markets. The President and CEO of Vishay noted that the acquisition would fill specific technology gaps and add high-voltage, high-quality NTC and PTC thermistors to their offering. The integration of these products was intended to support deeper technical engagement with design engineers working on high-energy applications.
In May 2024, Banner Engineering released the EG24 series, a new line of precision edge sensors developed to improve detection accuracy in industrial automation. These retroreflective sensors were designed with a wide sensing beam and high-resolution capabilities to perform precise measurements for edge guiding and sizing tasks. The devices featured multiple tracking modes, including single edge, width, and gap detection, allowing them to accommodate a diverse range of materials and textures. With a resolution of less than 10 microns, the sensors were introduced to enhance process control, optimize operational efficiency, and minimize material waste in manufacturing and packaging sectors.
In April 2024, TE Connectivity expanded its industrial sensor portfolio by launching two new wireless pressure sensors designed for condition monitoring applications. The introduction included the 65xxN model, utilizing Bluetooth Low Energy for short-range communication, and the 69xxN model, which employs LoRaWAN technology for long-range data transmission. These devices were engineered to meet the increasing demand for miniaturized, digital, and low-power sensing solutions capable of operating in harsh industrial environments. By eliminating the constraints of wired connections, the new sensors aimed to facilitate real-time data collection and support predictive maintenance strategies within the Industry 4.0 framework.

Key Market Players

NXP Semiconductors NV
DENSO Corporation
Robert Bosch GmbH
Texas Instruments Inc.
Aptiv PLC
CTS Corporation
Maxim Integrated Products Inc.
Infineon Technologies AG
Analog Devices Inc.
Sensata Technologies Holding PLC

By Product	By Application	By Region
Level Sensor Temperature Sensor Flow Sensor Position Sensor Pressure Sensor Force Sensor Image Sensor Gas Sensor	Energy & Power Oil & Gas Mining Chemical Manufacturing Pharmaceutical	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Industrial Sensors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Industrial Sensors Market, By Product:

Level Sensor
Temperature Sensor
Flow Sensor
Position Sensor
Pressure Sensor
Force Sensor
Image Sensor
Gas Sensor

Industrial Sensors Market, By Application:

Energy & Power
Oil & Gas
Mining
Chemical
Manufacturing
Pharmaceutical

Industrial Sensors Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Industrial Sensors Market.

Available Customizations:

Global Industrial Sensors Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Industrial Sensors Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Industrial Sensors Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product (Level Sensor, Temperature Sensor, Flow Sensor, Position Sensor, Pressure Sensor, Force Sensor, Image Sensor, Gas Sensor)

5.2.2. By Application (Energy & Power, Oil & Gas, Mining, Chemical, Manufacturing, Pharmaceutical)

5.2.3. By Region

5.2.4. By Company (2025)

5.3. Market Map

6. North America Industrial Sensors Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product

6.2.2. By Application

6.2.3. By Country

6.3. North America: Country Analysis

6.3.1. United States Industrial Sensors Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product

6.3.1.2.2. By Application

6.3.2. Canada Industrial Sensors Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product

6.3.2.2.2. By Application

6.3.3. Mexico Industrial Sensors Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product

6.3.3.2.2. By Application

7. Europe Industrial Sensors Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product

7.2.2. By Application

7.2.3. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Industrial Sensors Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product

7.3.1.2.2. By Application

7.3.2. France Industrial Sensors Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product

7.3.2.2.2. By Application

7.3.3. United Kingdom Industrial Sensors Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product

7.3.3.2.2. By Application

7.3.4. Italy Industrial Sensors Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product

7.3.4.2.2. By Application

7.3.5. Spain Industrial Sensors Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product

7.3.5.2.2. By Application

8. Asia Pacific Industrial Sensors Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product

8.2.2. By Application

8.2.3. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Industrial Sensors Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product

8.3.1.2.2. By Application

8.3.2. India Industrial Sensors Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product

8.3.2.2.2. By Application

8.3.3. Japan Industrial Sensors Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product

8.3.3.2.2. By Application

8.3.4. South Korea Industrial Sensors Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product

8.3.4.2.2. By Application

8.3.5. Australia Industrial Sensors Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product

8.3.5.2.2. By Application

9. Middle East & Africa Industrial Sensors Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product

9.2.2. By Application

9.2.3. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Industrial Sensors Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product

9.3.1.2.2. By Application

9.3.2. UAE Industrial Sensors Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product

9.3.2.2.2. By Application

9.3.3. South Africa Industrial Sensors Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product

9.3.3.2.2. By Application

10. South America Industrial Sensors Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product

10.2.2. By Application

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Industrial Sensors Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product

10.3.1.2.2. By Application

10.3.2. Colombia Industrial Sensors Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product

10.3.2.2.2. By Application

10.3.3. Argentina Industrial Sensors Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product

10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Industrial Sensors Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. NXP Semiconductors NV

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. DENSO Corporation

15.3. Robert Bosch GmbH

15.4. Texas Instruments Inc.

15.5. Aptiv PLC

15.6. CTS Corporation

15.7. Maxim Integrated Products Inc.

15.8. Infineon Technologies AG

15.9. Analog Devices Inc.

15.10. Sensata Technologies Holding PLC

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Industrial Sensors Market in 2025?

Which is the dominating region in the Global Industrial Sensors Market?

Which is the fastest growing segment in the Global Industrial Sensors Market?

What is the expected growth rate of the Global Industrial Sensors Market?