Factory Automation Sensor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The demand in different end-user industries has accelerated significantly with the growing adoption of automation and ground-breaking technology enhancements. Through automation, the technological revolution in the factories has been encouraging the manufacturing industries to further invest in automation sensor to enhance their productivity and production cycle.
MARKET DYNAMICS
Rapid expansion in the manufacturing industry and the adoption of industrial automation in automotive industries are some of the factors driving the growth of the factory automation sensor market. Nevertheless, widening government support and integration of artificial intelligence is anticipated to provide ample growth opportunities to the players operating in the factory automation sensor market.
MARKET SCOPE
The "Global Factory Automation Sensor Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the factory automation sensor market with detailed market segmentation by type, end use industry, and geography. The global factory automation sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading factory automation sensor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global factory automation sensor market is segmented on the basis of type and end use industry. Based on type, the factory automation sensor market is segmented into temperature sensors, vibration sensors, vision sensors, pressure sensors, proximity sensors, humidity sensors, and others. Based on end use industry the factory automation sensor market is segmented into automotive, chemicals, energy and power, food and beverages, manufacturing, oil and gas, pharmaceuticals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global factory automation sensor market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The factory automation sensor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the factory automation sensor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the factory automation sensor in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global factory automation sensor market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The factory automation sensor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the factory automation sensor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the factory automation sensor in these regions.
MARKET PLAYERS
The reports cover key developments in the factory automation sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from factory automation sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for factory automation sensor in the global market. Below mentioned is the list of few companies engaged in the factory automation sensor market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the factory automation sensor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Ltd.
- Analog Device Inc
- Amphenol Corporation
- Honeywell International Inc.
- NXP Semiconductor NV
- Rockwell Automation
- STMicroelectronics N.V
- Siemens AG
- Texas Instruments
- Vishay Intertechnology, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Factory Automation Sensor Market - By Type
1.3.2 Factory Automation Sensor Market - By End Use Industry
1.3.3 Factory Automation Sensor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FACTORY AUTOMATION SENSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. FACTORY AUTOMATION SENSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FACTORY AUTOMATION SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. FACTORY AUTOMATION SENSOR - GLOBAL MARKET OVERVIEW
6.2. FACTORY AUTOMATION SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FACTORY AUTOMATION SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TEMPERATURE SENSORS
7.3.1. Overview
7.3.2. Temperature Sensors Market Forecast and Analysis
7.4. VIBRATION SENSORS
7.4.1. Overview
7.4.2. Vibration Sensors Market Forecast and Analysis
7.5. VISION SENSORS
7.5.1. Overview
7.5.2. Vision Sensors Market Forecast and Analysis
7.6. PRESSURE SENSORS
7.6.1. Overview
7.6.2. Pressure Sensors Market Forecast and Analysis
7.7. PROXIMITY SENSORS
7.7.1. Overview
7.7.2. Proximity Sensors Market Forecast and Analysis
7.8. HUMIDITY SENSORS
7.8.1. Overview
7.8.2. Humidity Sensors Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. FACTORY AUTOMATION SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. CHEMICALS
8.4.1. Overview
8.4.2. Chemicals Market Forecast and Analysis
8.5. ENERGY AND POWER
8.5.1. Overview
8.5.2. Energy and Power Market Forecast and Analysis
8.6. FOOD AND BEVERAGES
8.6.1. Overview
8.6.2. Food and Beverages Market Forecast and Analysis
8.7. MANUFACTURING
8.7.1. Overview
8.7.2. Manufacturing Market Forecast and Analysis
8.8. OIL AND GAS
8.8.1. Overview
8.8.2. Oil and Gas Market Forecast and Analysis
8.9. PHARMACEUTICALS
8.9.1. Overview
8.9.2. Pharmaceuticals Market Forecast and Analysis
8.10. AND OTHERS
8.10.1. Overview
8.10.2. and Others Market Forecast and Analysis
9. FACTORY AUTOMATION SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Factory Automation Sensor Market Overview
9.1.2 North America Factory Automation Sensor Market Forecasts and Analysis
9.1.3 North America Factory Automation Sensor Market Forecasts and Analysis - By Type
9.1.4 North America Factory Automation Sensor Market Forecasts and Analysis - By End Use Industry
9.1.5 North America Factory Automation Sensor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Factory Automation Sensor Market
9.1.5.1.1 United States Factory Automation Sensor Market by Type
9.1.5.1.2 United States Factory Automation Sensor Market by End Use Industry
9.1.5.2 Canada Factory Automation Sensor Market
9.1.5.2.1 Canada Factory Automation Sensor Market by Type
9.1.5.2.2 Canada Factory Automation Sensor Market by End Use Industry
9.1.5.3 Mexico Factory Automation Sensor Market
9.1.5.3.1 Mexico Factory Automation Sensor Market by Type
9.1.5.3.2 Mexico Factory Automation Sensor Market by End Use Industry
9.2. EUROPE
9.2.1 Europe Factory Automation Sensor Market Overview
9.2.2 Europe Factory Automation Sensor Market Forecasts and Analysis
9.2.3 Europe Factory Automation Sensor Market Forecasts and Analysis - By Type
9.2.4 Europe Factory Automation Sensor Market Forecasts and Analysis - By End Use Industry
9.2.5 Europe Factory Automation Sensor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Factory Automation Sensor Market
9.2.5.1.1 Germany Factory Automation Sensor Market by Type
9.2.5.1.2 Germany Factory Automation Sensor Market by End Use Industry
9.2.5.2 France Factory Automation Sensor Market
9.2.5.2.1 France Factory Automation Sensor Market by Type
9.2.5.2.2 France Factory Automation Sensor Market by End Use Industry
9.2.5.3 Italy Factory Automation Sensor Market
9.2.5.3.1 Italy Factory Automation Sensor Market by Type
9.2.5.3.2 Italy Factory Automation Sensor Market by End Use Industry
9.2.5.4 United Kingdom Factory Automation Sensor Market
9.2.5.4.1 United Kingdom Factory Automation Sensor Market by Type
9.2.5.4.2 United Kingdom Factory Automation Sensor Market by End Use Industry
9.2.5.5 Russia Factory Automation Sensor Market
9.2.5.5.1 Russia Factory Automation Sensor Market by Type
9.2.5.5.2 Russia Factory Automation Sensor Market by End Use Industry
9.2.5.6 Rest of Europe Factory Automation Sensor Market
9.2.5.6.1 Rest of Europe Factory Automation Sensor Market by Type
9.2.5.6.2 Rest of Europe Factory Automation Sensor Market by End Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Factory Automation Sensor Market Overview
9.3.2 Asia-Pacific Factory Automation Sensor Market Forecasts and Analysis
9.3.3 Asia-Pacific Factory Automation Sensor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Factory Automation Sensor Market Forecasts and Analysis - By End Use Industry
9.3.5 Asia-Pacific Factory Automation Sensor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Factory Automation Sensor Market
9.3.5.1.1 Australia Factory Automation Sensor Market by Type
9.3.5.1.2 Australia Factory Automation Sensor Market by End Use Industry
9.3.5.2 China Factory Automation Sensor Market
9.3.5.2.1 China Factory Automation Sensor Market by Type
9.3.5.2.2 China Factory Automation Sensor Market by End Use Industry
9.3.5.3 India Factory Automation Sensor Market
9.3.5.3.1 India Factory Automation Sensor Market by Type
9.3.5.3.2 India Factory Automation Sensor Market by End Use Industry
9.3.5.4 Japan Factory Automation Sensor Market
9.3.5.4.1 Japan Factory Automation Sensor Market by Type
9.3.5.4.2 Japan Factory Automation Sensor Market by End Use Industry
9.3.5.5 South Korea Factory Automation Sensor Market
9.3.5.5.1 South Korea Factory Automation Sensor Market by Type
9.3.5.5.2 South Korea Factory Automation Sensor Market by End Use Industry
9.3.5.6 Rest of Asia-Pacific Factory Automation Sensor Market
9.3.5.6.1 Rest of Asia-Pacific Factory Automation Sensor Market by Type
9.3.5.6.2 Rest of Asia-Pacific Factory Automation Sensor Market by End Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Factory Automation Sensor Market Overview
9.4.2 Middle East and Africa Factory Automation Sensor Market Forecasts and Analysis
9.4.3 Middle East and Africa Factory Automation Sensor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Factory Automation Sensor Market Forecasts and Analysis - By End Use Industry
9.4.5 Middle East and Africa Factory Automation Sensor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Factory Automation Sensor Market
9.4.5.1.1 South Africa Factory Automation Sensor Market by Type
9.4.5.1.2 South Africa Factory Automation Sensor Market by End Use Industry
9.4.5.2 Saudi Arabia Factory Automation Sensor Market
9.4.5.2.1 Saudi Arabia Factory Automation Sensor Market by Type
9.4.5.2.2 Saudi Arabia Factory Automation Sensor Market by End Use Industry
9.4.5.3 U.A.E Factory Automation Sensor Market
9.4.5.3.1 U.A.E Factory Automation Sensor Market by Type
9.4.5.3.2 U.A.E Factory Automation Sensor Market by End Use Industry
9.4.5.4 Rest of Middle East and Africa Factory Automation Sensor Market
9.4.5.4.1 Rest of Middle East and Africa Factory Automation Sensor Market by Type
9.4.5.4.2 Rest of Middle East and Africa Factory Automation Sensor Market by End Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Factory Automation Sensor Market Overview
9.5.2 South and Central America Factory Automation Sensor Market Forecasts and Analysis
9.5.3 South and Central America Factory Automation Sensor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Factory Automation Sensor Market Forecasts and Analysis - By End Use Industry
9.5.5 South and Central America Factory Automation Sensor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Factory Automation Sensor Market
9.5.5.1.1 Brazil Factory Automation Sensor Market by Type
9.5.5.1.2 Brazil Factory Automation Sensor Market by End Use Industry
9.5.5.2 Argentina Factory Automation Sensor Market
9.5.5.2.1 Argentina Factory Automation Sensor Market by Type
9.5.5.2.2 Argentina Factory Automation Sensor Market by End Use Industry
9.5.5.3 Rest of South and Central America Factory Automation Sensor Market
9.5.5.3.1 Rest of South and Central America Factory Automation Sensor Market by Type
9.5.5.3.2 Rest of South and Central America Factory Automation Sensor Market by End Use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FACTORY AUTOMATION SENSOR MARKET, KEY COMPANY PROFILES
11.1. ABB LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ANALOG DEVICE INC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. AMPHENOL CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HONEYWELL INTERNATIONAL INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NXP SEMICONDUCTOR NV
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ROCKWELL AUTOMATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. STMICROELECTRONICS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SIEMENS AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TEXAS INSTRUMENTS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VISHAY INTERTECHNOLOGY, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB Ltd.
2. Analog Device Inc
3. Amphenol Corporation
4. Honeywell International Inc.
5. NXP Semiconductor NV
6. Rockwell Automation
7. STMicroelectronics
8. Siemens AG
9. Texas Instruments
10. Vishay Intertechnology, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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