The global market for sensors is estimated to increase from $179.7 billion in 2023 to reach $300.5 billion by 2029, at a compound annual growth rate (CAGR) of 8.9% from 2024 through 2029.
The biosensors market for sensors is estimated to increase from $30.0 billion in 2023 to reach $45.6 billion by 2029, at a CAGR of 7.1% from 2024 through 2029.
The radar sensors market for sensors is estimated to increase from $16.9 billion in 2023 to reach $40.5 billion by 2029, at a CAGR of 15.6% from 2024 through 2029.
Report Scope
This report provides an overview of the global market for sensor technologies and analyzes market trends. Using 2023 as the base year, the report provides estimated market data for the forecast period from 2024 to 2029. Revenue forecasts for this period are segmented based on type, end-use industry and geographical region.
This report also focuses on the major driving trends and challenges that affect the market and the vendor landscape. It surveys the current trends operating in the global sensors market, and concludes with an overview of this market's competitive landscape, including profiles of the major players.
Report Includes
- 126 data tables and 49 additional tables
- An overview of the global market and technologies for sensors
- Analysis of global market trends, featuring revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2028, and projected CAGRs through 2029
- Evaluation of the current market size and revenue growth prospects specific to sensors, along with a market share analysis by type, application, and region
- Assessment of the sensor life cycle and the future of the sensor industry
- Coverage of the latest sensor developments, including R&D, emerging technologies, government regulations and mandates, and economic trends
- Discussion of how to overcome challenges in commercialization
- A look at ESG trends
- Determination of the key companies' market shares, their proprietary technologies, strategic alliances, and patents
- Company profiles of major players within the industry, including Amphenol Corp., TE Connectivity, Infineon Technologies AG, Honeywell International Inc., and Robert Bosch GmbH
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Market Summary
- Scope of the Report
- Technological Advancements and Applications
- Market Dynamics
- Future Trends and Developments
- Segmental Analysis
- Regional Insights and Emerging Markets
- Conclusion
Chapter 2 Market Overview
- Overview of Sensor Technologies
- Porter's Five Forces Analysis of Sensors Industry
- Buyer (Customer) Bargaining (or Negotiating) Power
- Supplier Bargaining (or Negotiating) Power
- Ability of Customers to Find Substitutes
- Potential of New Entrants
- Intensity of Competition
- Value Chain Analysis of Sensors Industry
- Research & Development
- Raw Material Suppliers
- Manufacturers
- Suppliers and Distributors
- End Users
- Government Regulations
- TREAD Act
- EU TPMS Legislation
- Regulation of IoT Sensor Networks
- Future of Sensors Industry
Chapter 3 Market Dynamics
- Market Dynamics
- IO-Link: Intelligent Communication Technology
- Increasing Adoption of MEMS Sensors
- Growing Demand for Smart Connected Devices, Industrial and Home Automation Devices
- Massive Infrastructural Development in Terms of Smart Cities, Factory Automation and Industry 4.0
- Market Challenges/Restraints
- Lack of Uniform Communication Standards
- High Competition for Sensor Pricing
- Trade and Tech Wars Are Slowing Growth in Electronics Industry
- Factors Influencing Sensor Price Trends
Chapter 4 Emerging Technologies and Developments
- Integration of Sensors with Artificial Intelligence
- Development of Advanced Nanosensors
- Growth in Sensor Fusion
- Acceleration Towards Industry 4.0
Chapter 5 IoT Sensors Market
- Overview
- Key Developments in IoT Sensor Market
- Global Market for IoT Sensors, by Type
- IoT-Based Temperature Sensors
- IoT-Based Pressure Sensors
- IoT-Based Chemical Sensors
- IoT-Based Accelerometers and Gyroscopes
- Global Market for IoT Sensor Applications
- Smart City Applications
- Smart Environment Applications
- Security Applications
- Industrial Control and Smart Manufacturing Applications
- Building and Home Automation Applications
- Automotive Applications
- Wearables Applications
- Healthcare Applications
- Miscellaneous Applications
- Global Market for IoT Sensors, by Region
- Americas Market for Internet of Things Sensors, by Type
- European Market for Internet of Things Sensors, by Type
- Asia-Pacific Market for Internet of Things Sensors, by Type
- Middle East and Africa Market for Internet of Things Sensors, by Type
Chapter 6 Image Sensors Market
- Overview
- Key Developments in the Image Sensor Market
- Global Market for Image Sensors, by Technology
- CMOS and CCD
- Global Market for Image Sensors, by Industry
- Smartphone
- Entertainment
- Industrial Applications
- Automotive
- Medical
- Security and Surveillance
- Miscellaneous Industries
- Global Market for Image Sensors, by Region
- Americas Market for Image Sensors, by Technology
- European Market for Image Sensors, by Technology
- Asia-Pacific Market for Image Sensors, by Technology
- Middle East and Africa Market for Image Sensors, by Technology
Chapter 7 Biosensor Market
- Overview
- Key Developments in Biosensor Market
- Global Market for Biosensors, by Technology
- Electrochemical Biosensors
- MEMS Biosensors
- Opto-Electric Biosensors
- Thermistor Biosensors
- Other Biosensors
- Global Market for Biosensors, by Industry
- Medical
- Biodefense
- Environmental Monitoring Applications
- Process Industries
- Global Market for Biosensors, by Region
- Americas Market for Biosensors, by Technology
- European Market for Biosensors by Technology
- Asia-Pacific Market for Biosensors by Technology
- Middle East and Africa Market for Biosensors by Technology
Chapter 8 Chemical Sensor Market
- Overview
- Key Developments in Chemical Sensor Market
- Global Market for Chemical Sensors, by Type
- Toxic Gas Detection Sensors
- MEMS Chemical Sensors
- Oxygen Analyzers
- Humidity Sensors
- Moisture Sensors
- pH Sensors
- Other Chemical Sensors
- Global Market for Chemical Sensor, by Industry
- Automotive
- Aerospace
- Food and Beverage Manufacture
- Metallurgical Industries
- Industrial Applications
- Medical Applications
- Environmental Monitoring Applications
- Security Applications
- Miscellaneous Applications
- Global Market for Chemical Sensors, by Region
- Americas Market for Chemical Sensors, by Type
- European Market for Chemical Sensors, by Type
- Asia-Pacific Market for Chemical Sensors, by Type
- Middle East and Africa Market for Chemical Sensors, by Type
Chapter 9 Fingerprint Sensor Market
- Overview
- Key Developments in Fingerprint Sensor Market
- Global Market for Fingerprint Sensors, by Technology
- Fingerprint Sensor Applications
- Mobile and Laptop Applications
- Law Enforcement and Forensic Applications
- Military, Defense and Aerospace Applications
- Healthcare Applications
- Miscellaneous Applications
- Global Market for Fingerprint Sensors, by Application
- Global Market for Fingerprint Sensors, by Region
- Americas Market for Fingerprint Sensors, by Technology
- European Market for Fingerprint Sensors, by Technology
- Asia-Pacific Market for Fingerprint Sensors, by Technology
- Middle East and Africa Market for Fingerprint Sensors, by Technology
Chapter 10 Radar Sensor Market
- Overview
- Key Developments in Radar Sensor Market
- Global Market for Radar Sensors, by Technology
- Global Market for Radar Sensor Industry
- Global Market for Radar Sensors, by Region
- Americas Market for Radar Sensors, by Technology
- European Market for Radar Sensors, by Technology
- Asia-Pacific Market for Radar Sensors, by Technology
- Middle East and Africa Market for Radar Sensors, by Technology
Chapter 11 Load, Force and Torque Sensor Market
- Overview
- Key Developments in Load, Force and Torque Sensor Market
- Global Market for Load, Force and Torque Sensors, by Type
- Global Market for Load, Force and Torque Sensors, by Application
- Applications of Load Sensors and Load Cells
- Applications of Torque Sensors
- Common Applications of Force and Torque Sensors
- Global Market for Load, Force and Torque Sensors, by Region
- Americas Market for Load, Force and Torque Sensors, by Type
- European Market for Load, Force and Torque Sensors, by Type
- Asia-Pacific Market for Load, Force and Torque Sensors, by Type
- Middle East and Africa Market for Load, Force and Torque Sensors, by Type
Chapter 12 Position Sensor Market
- Overview
- Key Developments in Position Sensor Market
- Global Market for Position Sensors, by Type
- Linear Position Sensors
- Rotary Position Sensors
- Hall Effect Rotary Position Sensors
- Proximity Sensors
- Global Market for Position Sensor Applications
- Applications in Machine Tools, Power Plants and Process Industries
- Applications in Healthcare
- Applications in Automobiles
- Miscellaneous Applications of Position Sensors
- Global Market for Position Sensors, by Region
- Americas Market for Position Sensors, by Type
- European Market for Position Sensors, by Type
- Asia-Pacific Market for Position Sensors, by Type
- Middle East and Africa Market for Position Sensors, by Type
Chapter 13 Pressure Sensor Market
- Overview
- Key Developments in Pressure Sensor Market
- Global Market for Pressure Sensors, by Type
- Global Market for Pressure Sensors by Applications
- Automotive
- Medical Applications
- Aerospace
- Process Industry
- HVAC Systems
- Consumer Electronics
- Others
- Global Market for Pressure Sensors, by Region
- Americas Market for Pressure Sensors, by Type
- European Market for Pressure Sensors, by Type
- Asia-Pacific Market for Pressure Sensors, by Type
- Middle East and Africa Market for Pressure Sensors, by Type
Chapter 14 Temperature Sensor Market
- Overview
- Key Developments in Temperature Sensor Market
- Global Market for Temperature Sensors by Type
- Thermocouple
- Resistance Temperature Detector
- Thermistor
- Infrared
- IC Digital
- Others
- Global Market for Temperature Sensor Applications
- Automotive
- Healthcare
- Aerospace & Defense
- Manufacturing
- HVAC System
- Consumer Electronics
- Others
- Global Market for Temperature Sensors by Region
- Americas Market for Temperature Sensors, by Type
- European Market for Temperature Sensors, by Type
- Asia-Pacific Market for Temperature Sensors, by Type
- Middle East and Africa Market for Temperature Sensors, by Type
Chapter 15 Flow Sensor Market
- Overview
- Key Developments in Flow Sensor Market
- Global Market for Flow Sensors, by Type
- Differential Flow Sensors
- Linear Flow Sensors
- Global Market for Flow Sensors, by Applications
- Global Market for Flow Sensors, by Region
- Americas Market for Flow Sensors, by Type
- European Market for Flow Sensors, by Type
- Asia-Pacific Market for Flow Sensors, by Type
- Middle East and Africa Market for Flow Sensors, by Type
Chapter 16 Level Sensor Market
- Overview
- Key Developments in Level Sensor Market
- Global Market for Level Sensors, by Type
- Continuous Level Sensors
- Point and Multipoint Level Sensors
- Global Market for Level Sensors, by Application
- Global Market for Level Sensors, by Region
- Americas Market for Level Sensors, by Type
- European Market for Level Sensors, by Type
- Asia-Pacific Market for Level Sensors, by Type
- Middle East and Africa Market for Level Sensors, by Type
Chapter 17 Current Sensor Market
- Overview
- Key Developments in Current Sensor Market
- Global Market for Current Sensors, by Type
- Hall Effect Current Sensors
- Fiber-Optic Current Sensors
- Rogowski Coil Current Sensors
- Fluxgate Current Sensors
- Others
- Global Market for Current Sensor Applications
- Automotive
- Machinery Manufacturing
- Process Industries
- Consumer Electronics
- Healthcare
- Global Market for Current Sensors, by Region
- Americas Market for Current Sensors, by Type
- European Market for Current Sensors, by Type
- Asia-Pacific Market for Current Sensors, by Type
- Middle East and Africa Market for Current Sensors, by Type
Chapter 18 Miscellaneous Sensor Market
- Miscellaneous Sensor
- Global Market for Miscellaneous Sensors, by Type
- Global Market for Miscellaneous Sensor Applications
- Global Market for Miscellaneous Sensors, by Region
- Americas Market for Miscellaneous Sensors, by Type
- European Market for Miscellaneous Sensors, by Type
- Asia-Pacific Market for Miscellaneous Sensors, by Type
- Middle East and Africa Market for Miscellaneous Sensors, by Type
Chapter 19 Market by End-Use Industry
- Overview
- Automotive Industry
- Industrial
- Healthcare
- Consumer Electronics
- Aircraft and Shipbuilding
- Smart Buildings
- Security and Surveillance
- Other Applications
Chapter 20 Market by Region
- Geographic Breakdown
- Americas
- Europe
- Asia-Pacific
- Middle East and Africa
Chapter 21 Competitive Intelligence
- Top Players in the Sensors Industry
- Strategic Analysis
- M&A and Venture Capital Funding Outlook for the Sensors Industry
- M&A Analysis
- Venture Capital (VC) Funding in Sensors Market
Chapter 22 Appendix
- Research Methodology
- References
- Company Profiles
- AMPHENOL CORP.
- AMETEK INC.
- ANALOG DEVICES INC.
- BAUMER
- ROBERT BOSCH GMBH
- ELECTRO SENSORS INC.
- EMERSON ELECTRIC CO.
- ENDRESS+HAUSER GROUP SERVICES AG
- HONEYWELL INTERNATIONAL INC.
- INFINEON TECHNOLOGIES AG
- MURATA MANUFACTURING CO. LTD.
- STMICROELECTRONICS
- TE CONNECTIVITY
- TT ELECTRONICS
- TDK CORP.
- List of Other Companies