Industrial Sensors Market Analysis, Overview and Forecasts 2016 - 2020

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Global Industrial Sensors Market Share, Size, Trends,
Growth, Analysis, Outlook and Overview Research Report
Technavio Announces the Publication of its Research Report – Global Industrial Sensors Market 20162020
Technavio recognizes the following companies as the key players in the global industrial sensors market:
Bosch Sensortec, Siemens, STMicroelectronics, and Texas Instruments.
Other Prominent Vendors in the market are: Analog Devices, Denso, GE, Honeywell International,
Infineon, Itron, NXP, and Sensata.
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Commenting on the report, an analyst from Technavio’ s team said: “One trend which is expected to
have a big impact on the industrial sensors market is the emergence of industrial wireless sensing
networks (WSN). Industrial WSN refers to a group of spatially dispersed sensors placed in the remote
plant area or main location. It monitors and controls the physical conditions of the equipment and
organizes the collected data at the central location. It uses the wireless technology to send signals and
measurements to the control room. The industrial WSNs are widely used in the oil and gas, power and
utility, mining, and food and beverage industries.
According to the report, a key driver is growth in the industrial robotics market. Sensors are widely used
in industrial robots for sensing, recognition, and interpretation. Some of the important sensors used are
proximity sensors, range sensors, and force sensors. Proximity sensors are used to detect the availability
of component. They are placed in the robot moving parts such as end effector. These sensors are
switched on at a specified distance and measured by means of feet or millimeters. They are
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also used as a collision detector sensor to provide safe working environment. These sensors will send a
signal to the robot to stop or limit its motion whenever the pressure is sensed on a soft surface such as
that of humans. The collaborative robots will be equipped with these sensors in large numbers.
Further, the report states that one challenge that could restrict market growth is the miniaturization of
sensors which affect performance.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors in the report global automation
industrial sensors market
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About the Industrial Sensors Market
Industrial sensors are transducers that convert physical quantity to electrical signals. The signals are
processed through an electronic automation system and depict physical variation or error signal in the
device or instrument. Industrial sensors are classified as position or velocity sensors, proximity sensors,
pressure sensors, temperature sensors, and vibration or acceleration sensors. These industrial sensors
have high degree of accuracy, reliability, range, and sensitivity and provide better control and
automation of industrial processing units.
Technavio’ s analysts forecast the global industrial sensors market to grow at a CAGR of 10.06% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial sensors market
for 2016-2020. To calculate the market size, we consider revenue generated from sales and aftermarket
services of industrial sensors.
The market is divided into the following segments based on geography:
• Americas
Technavio's report, Global Industrial Sensors Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Bosch Sensortec
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• Siemens
• STMicroelectronics
• Texas Instruments
Other prominent vendors
• Analog Devices
• Denso
• GE
• Honeywell International
• Infineon
• Itron
• Sensata
Market driver
• Growth in industrial robotics market
• For a full, detailed list, view our report
Market challenge
• Miniaturization of sensors affecting performance
• For a full, detailed list, view our report
Market trend
• Emergence of industrial WSN
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Technavio recognizes the following companies as the key players in the global industrial sensors market: Bosch Sensortec, Siemens, STMicroelectronics, and Texas Instruments.