The increase in the trend of industrial automation, as well as the rise in penetration of the Internet of Things and Industry 4.0, are major factors driving the #industrial #sensors #market size. Sensor technology is vital to a wide range of sectors, giving critical data on parameters such as pressure, temperature, flow, gas, location, and humidity sensors, which can have a significant impact on a variety of processes or systems. Industry 4.0 enhances production and industrial automation across various industry verticals in the modern day.

Industrial Sensors Market - Global Industry Analysis And Forecast

Industrial Sensors Market was valued at US$ 22.64 Bn. in 2022. The Industrial Sensors Market size is estimated to grow at a CAGR of 8.35 %