Industrial sensors are generally transducers which convert physical quantity to electrical signals. These signals are processed via electronic automation systems and depict the physical variation or error signal of the device or instrument being sensed. The industrial sensors are of many types and are generally classified as proximity sensors, position or velocity sensors, temperature sensors, pressure sensors and vibration or acceleration sensors. The proximity sensors can be of mechanical, optical, inductive or capacitive in nature. The examples of position or velocity sensors can be potentiometers, encoders, tachogenerator and linear variable differential transformer (LVDT) etc. These industrial sensors have a 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 Sensor market will grow at a CAGR of 10.33 percent over the period 2013-2018.

Covered in this Report

The Global Industrial Sensor market can be segmented into four divisions: Automotive, Aircraft and Ship Industry, Information Technology and Communication Industry, and Machinery Industry and Process Industry. These are the major sets of end-users for the industrial sensors.
TechNavio's report, the Global Industrial Sensor Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Radar Level Transmitter market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

• Americas
• Europe
• APAC
• ROW

Key Vendors

• ST Microelectronics N.V.
• Robert Bosch GmbH
• Texas Instruments Inc.

Other Prominent Vendors

• Analog Devices, Inc.
• Denso Corp.
• Freescale Semiconductor, Inc.
• Honeywell International, Inc.
• Infenion Technologies AG

Key Market Driver

• Increasing Demand for Automotive Safety Systems.

Key Market Challenge

• Reducing Time to Market.

Key Market Trend

• Increasing Number of Government Initiatives.

Key Questions Answered in this Report

• What will the market size be in 2018, 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?

Read the full report here: Global Industrial Sensor Market 2014-2018.pdf