Industrial Sensors Market Size

Industrial Sensors Market size was valued at USD 27.75 billion in 2024 and is likely to cross USD 78.24 billion by 2037, registering more than 8.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial sensors is estimated at USD 29.59 billion.

The increasing approval of image sensors for machine vision applications in production sectors and the rising expansion of the production sector will exponentially help the industrial sensors market to grow in the expected CAGR. The World Manufacturing Production Statistics published by the United Nations Industrial Development Organization (UNIDO) demonstrated that, as of the second quarter of 2021, worldwide manufacturing production has grown by 18.2 percent annually. The technology of machine vision inspection has revolutionized multiple manufacturing industries.