INDUSTRIAL SENSORS MARKET ANALYSIS

Regional Analysis

Global Industrial Sensors Market: Regional Insights

Among regions, North America is projected to exhibit strong growth in the global industrial sensors market over the forecast period, owing to the wave of Industry 4.0, along with increasing demand for industrial automation. Moreover, the region is witnessing increasing investments in development of various industries that utilize industrial sensors. Along with this, the presence of multiple established manufacturers in the region is also expected to drive growth of the global industrial sensors market across North America.

Furthermore, Asia Pacific is expected to dominate the global industrial sensors market over the forecast period due to popularity of Industry 4.0 in countries such as China and Japan. Due to the wave of Industry 4.0 has enabled various functions and industries under architectural frameworks and global initiatives, such as Made-in-China 2025 in China and Society 5.0 in Japan. The investment in expansion of Industry 4.0 by governments in the region is increasing. Along with this, the R&D programs on sensors are also growing in the region. These factors in turn are expected to boost growth of the global industrial sensors market across the region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa