Industrial sensors Market Trends, Cost Structure Analysis, Growth Opportunities
The Global Industrial Sensors Market was valued at USD 22.09 Billion in 2020, and it is expected to reach a value of USD 31.71 Billion by 2026, registering a CAGR of 6.4% over the forecast period, 2021-2026. Industrial sensors detect, measure, and monitor numerous physical, chemical, and electrical aspects of industrial processes. Oil and gas, chemicals, pharmaceuticals, food and beverage, power generation, and water and wastewater treatment are just a few of the industries that use these sensors. Industrial sensors come in a variety of shapes and sizes, and they're utilized for a variety of purposes. Temperature sensors, pressure sensors, flow sensors, level sensors, and position sensors are some of the most prevalent types of industrial sensors. Temperature sensors detect the temperature of an industrial process, while pressure sensors measure the pressure of the process. Flow sensors are used to monitor process flow, whereas level sensors are used to detect process level. ...