PUBLISHER: BCC Research | PRODUCT CODE: 1677772
PUBLISHER: BCC Research | PRODUCT CODE: 1677772
2024 Instrumentation & Sensors Research Review
The global market for temperature sensors is expected to grow from $7.3 billion in 2023 to $9.0 billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.3% from 2023 through 2028.
The global market for sensors is estimated to increase from $179.7 billion in 2023 to reach $300.5 billion by 2029, at a CAGR of 8.9% from 2024 through 2029.
The global market for environmental sensing and monitoring technologies is estimated to increase from $31.3 billion in 2024 to reach $41.4 billion by 2029, at a CAGR of 5.7% from 2024 through 2029.
Research Review Scope
Instrumentation and Sensors are essential elements for most technology products being built today. Their application areas cover products from simple switches and temperature-sensing devices as part of the most basic of home appliances to sophisticated manufacturing equipment and factory automation systems. Micro-technology has revolutionized the electronics industry, and miniaturization has become a standard part of any system. Industrial requirements have increased, indicating room for growth in sensor usage.
The need for instrumentation and sensors is increasing in various applications. Therefore, it is imperative to produce high-quality sensors, and as manufacturer rivalry grows, sensor prices are decreasing faster than before. The sensors employed in automation will also be determined by how well physical characteristics are collected as data. Therefore, even though the cost aspect grows significantly, the dependability aspect would be given priority when it comes to sensors. Furthermore, an accurate dataset produced by the sensors will be necessary to develop AI technologies. Future sensors will be more intelligent and precise owing to the training of AI models on this data for categorization and regression issues.
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. This 2024 Instrumentation and SensorsResearch Review provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions. This Research Review includes highlights and excerpts from the following reports published by BCC Research in 2024:
- IAS072C Temperature Sensors: Global Markets.
- IAS006P Sensors: Technologies and Global Markets.
- IAS030E Environmental Sensing and Monitoring Technologies: Global Markets.
- PHO010D Fiber Optic Sensors: Global Markets.
After you survey the excerpts in this Research Review, we encourage you to follow up on these topics by checking out the full market research reports associated with each topic. BCC Research looks forward to serving your market intelligence needs in the future.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence, providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Table of Contents
Chapter 1 Foreword
- Research Review Scope
Chapter 2 Temperature Sensors: Global Markets (IAS072C)
- Market Outlook
- Scope of the Report
- Market Summary
- Technological Advancements and Applications
- Market Dynamics and Growth Factors
- Future Trends and Developments
- Segmental Analysis
- Regional Insights and Emerging Markets
- Conclusion
- Temperature Sensors Overview
- Future of Temperature Sensors
- Market Dynamics
- Market Driver
- Market Challenge
- Emerging Technologies and Opportunities
- IoT Temperature Sensors
- Flexible Temperature Sensors
- Market Breakdown by Technology
- Thermocouple
- Resistance Temperature Detector
- Thermistor
- Infrared
- IC Digital
- Others
- Market Breakdown by Region
- Americas
- Europe
- Asia-Pacific
- Middle East and Africa
- ESG Performance in Temperature Sensor Market
- Overview
- Current Status of ESG in the Temperature Sensors Market
- ESG Practices in the Temperature Sensors Market
- Concluding Remarks from BCC
Chapter 3 Sensors: Technologies and Global Markets (IAS006P)
- Market Outlook
- Scope of the Report
- Market Summary
- Technological Advancements and Applications
- Market Dynamics
- Future Trends and Developments
- Segmental Analysis
- Regional Insights and Emerging Markets
- Conclusion
- Overview of Sensor Technologies
- Government Regulations
- TREAD Act
- EU TPMS Legislation
- Regulation of IoT Sensor Networks
- Future of Sensors Industry
- Market Dynamics
- Market Driver
- Market Challenge/Restraint
- Factors Influencing Sensor Price Trends
- Emerging Technologies and Developments
- Integration of Sensors with Artificial Intelligence
- Development of Advanced Nanosensors
- Growth in Sensor Fusion
- Acceleration Towards Industry 4.0
- Image Sensors Market
- Overview
- Key Developments in the Image Sensor Market
- Global Market for Image Sensors, by Technology
- CMOS and CCD
- Fingerprint Sensor Market
- Overview
- Key Developments in Fingerprint Sensor Market
- Global Market for Fingerprint Sensors, by Technology
- 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
- Market Breakdown by Region
- Overview
- Americas
- Europe
- Asia-Pacific
- Middle East and Africa
Chapter 4 Environmental Sensing and Monitoring Technologies: Global Markets (IAS030E)
- Market Outlook
- Scope of Report
- Market Summary
- Technological Advances and Applications
- Market Dynamics and Growth Factors
- Future Trends and Developments
- Segmental Analysis
- Regions and Emerging Markets
- Conclusion
- Market Overview
- Technology Overview
- Future of Environmental Sensing and Monitoring Technologies
- Macroeconomic Factors
- Industries' Growth
- Regulations, Incentives and Subsidies Related to Environmental Protection
- Market Dynamics
- Market Driver
- Market Restraint
- Market Opportunity
- Market Breakdown by Solution
- Overview
- Hardware and Equipment
- Software
- Services
- Market Breakdown by Region
- Overview
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Sustainability in the Environmental Sensing and Monitoring Technologies Industry: An ESG Perspective
- Introduction to ESG
- ESG Issues in the Industry
- ESG Performance Analysis
- Status of ESG in the Industry
- ESG Practices in the Industry
- ESG-Related Risks in the Industry
- ESG-Related Opportunities
- Concluding Remarks from BCC Research
Chapter 5 Fiber Optic Sensors: Global Markets. (PHO010D)
- Market Outlook
- Scope of the Report
- Market Summary
- Technological Advances
- Market Dynamics
- Emerging Trends
- Segmental Analysis
- Regional Analysis
- Conclusion
- Market Overview
- Future Landscape
- Impact of Russia-Ukraine War
- Market Dynamics
- Market Driver
- Market Restraint
- Market Opportunity
- Emerging Technologies and Developments
- AI
- Emergence of Fiber Optic Biosensors
- Development of Hybrid Sensor Systems
- Internet of Things (IoT)
- Miniaturization and Wearable Sensors
- Distributed Sensing Technologies
- Specialty Optical Fibers, Nanomaterials, and Functional Coatings
- Quantum Sensing
- Integrated Photonics and Chip-Scale Sensors
- Market Breakdown by Technology
- Overview
- Fiber Optic Gyroscopes
- Coated Fiber Sensors
- Fiber Bragg Grating (FBG)
- Raman Scattering Sensors
- Interferometric Sensors
- Other Fiber Optic Sensor Technologies
- Market Breakdown by Region
- Overview
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Environmental, Social and Governance (ESG) Perspective
- Environmental
- Social
- Governance
- Status of ESG in the Fiber Optic Sensor Industry
- Concluding Remarks from BCC
Chapter 6 Appendix
- Methodology
- Analyst's Credentials
List of Tables
- Table 1 : Global Market for Temperature Sensors, by Technology, Through 2028
- Table 2 : Global Market for Temperature Sensors, by Technology, Through 2028
- Table 3 : Global Market Volume for Temperature Sensors, by Technology, Through 2028
- Table 4 : Global Market for Temperature Sensors, by Region, Through 2028
- Table 5 : Global Market Volume for Temperature Sensors, by Region, Through 2028
- Table 6 : ESG Risk Ratings, by Company, 2022
- Table 7 : Global Market for Sensors, by Type, Through 2029
- Table 8 : Global Market for Image Sensors, by Technology, Through 2029
- Table 9 : Global Market for Fingerprint Sensors, by Technology, Through 2029
- Table 10 : Global Market for Position Sensors, by Type, Through 2029
- Table 11 : Global Market for Sensors, by Region, Through 2029
- Table 12 : Global Market for Environmental Sensing and Monitoring Technologies, by Solution, Through 2029
- Table 13 : Global Market for Environmental Sensing and Monitoring Technologies, by Solution, Through 2029
- Table 14 : Global Market for Environmental Sensing and Monitoring Technologies, by Region, Through 2029
- Table 15 : Environmental Metrics in the Environmental Sensors and Monitoring Industry
- Table 16 : Social Metrics for the Environmental Sensors and Monitoring Industry
- Table 17 : Governance Metrics for the Environmental Sensors and Monitoring Industry
- Table 18 : ESG Risk Rating Metrics, by Company, 2023
- Table 19 : Global Market for Fiber Optic Sensors, by Region, Through 2029
- Table 20 : Global Market for Fiber Optic Sensors, by Technology, Through 2029
- Table 21 : Global Market for Fiber Optic Sensors, by Region, Through 2029
- Table 22 : ESG Risk Ratings Metric, by Company, 2023
List of Figures
- Figure 1 : Global Market Shares of Temperature Sensors, by Technology, 2022
- Figure 2 : Global Market Shares of Temperature Sensors, by Technology, 2022
- Figure 3 : Global Market Shares of Temperature Sensors, by Region, 2022
- Figure 4 : Global Market Shares of Sensors, by Type, 2023
- Figure 5 : Global Market Shares of Image Sensors, by Technology, 2023
- Figure 6 : Global Market Shares of Fingerprint Sensors, by Technology, 2023
- Figure 7 : Global Market Shares of Position Sensors, by Type, 2023
- Figure 8 : Global Market Shares of Sensors, by Region, 2023
- Figure 9 : Global Market Shares of Environmental Sensing and Monitoring Technologies, by Solution, 2023
- Figure 10 : Global Market Shares of Environmental Sensing and Monitoring Technologies, by Solution, 2023
- Figure 11 : Global Market Shares of Environmental Sensing and Monitoring Technologies, by Region, 2023
- Figure 12 : Global Market Shares of Fiber Optic Sensors, by Region, 2023
- Figure 13 : Global Market Shares of Fiber Optic Sensors, by Technology, 2023
- Figure 14 : Global Market Shares of Fiber Optic Sensors, by Region, 2023
