How Big Is the Industrial Sensors Market | Segments & Insights 2031

Q: How Big Is the Industrial Sensors Market?

The industrial sensors market is expected to cross USD 36.2 billion by 2031, supported by the rapid expansion of smart manufacturing.

Q: Which companies are driving the industrial sensors market forward?

Leading companies include Honeywell, Siemens, TE Connectivity, Bosch Sensortec, and Rockwell Automation, known for their innovation and broad sensor offerings in industrial automation.

Q: How is Industry 4.0 impacting the industrial sensors market?

Industry 4.0 is significantly enhancing demand for industrial sensors due to the need for real-time monitoring, automation, and data intelligence.

Q: What role does predictive maintenance play in market growth?

Predictive maintenance is a key growth driver in the industrial sensors market, helping reduce equipment failure and increase operational efficiency.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA6661

Publication Date: Jul 2025

How Big Is the Industrial Sensors Market?

According to 6Wresearch internal database and industry insights, the Global Industrial Sensors Market was valued at USD 23.7 billion in 2024 and is projected to reach over USD 36.2 billion by 2031, registering a CAGR of 5.10%.

The market is rapidly advancing due to the increasing automation across manufacturing units, the rise of Industry 4.0, and the growing need for real-time data to support predictive maintenance and process optimization. Demand for various types of sensors—such as proximity, temperature, pressure, and level sensors—is surging across key sectors including automotive, food & beverage, chemicals, and energy.

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Growth Factors of the Industrial Sensors Market

Accelerating integrations of Industry 4.0 and smart factory technologies
Expanded usage of sensors for condition monitoring and regulatory compliance
Increased demand for predictive maintenance across industries
Introduction of sensors into automated and robotic systems
Improved internal industrial IoT conditions supporting sensor deployment

Industrial Sensors Market Trends

The industrial sensor market is seeing strong momentum in wireless sensor networks, particularly in isolated industrial environments. Interest is growing in energy efficient and self-powered sensors that can extend device life. Samuel Moore has noted that edge computing capabilities are also being included with sensor systems to help drive faster local data processing.

Emerging Developments in the Industrial Sensors Market

The developments in the Industrial Sensors Market include miniaturization, and the applications of nanomaterials are expanding the range of sensing applications and providing even greater precision. In addition, several sensor manufacturers are looking to incorporate multi-sensor combination models, which allow a single device to monitor multiple parameters, which improves functionality and complexity of systems.