The global industrial sensors market is forecast to grow at a CAGR of 10.06% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend which is expected to have a big impact on the industrial sensors market is the emergence of industrial wireless sensing networks (WSN). Industrial WSN refers to a group of spatially dispersed sensors placed in the remote plant area or main location. It monitors and controls the physical conditions of the equipment and organizes the collected data at the central location. It uses the wireless technology to send signals and measurements to the control room. The industrial WSNs are widely used in the oil and gas, power and utility, mining, and food and beverage industries.
Further, the report states that one challenge that could restrict market growth is the miniaturization of sensors which affect performance.
- Bosch Sensortec
- Texas Instruments
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/b3pcvm/global_industrial
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-industrial-sensors-market-to-grow-1006-by-2020---miniaturization-of-sensors-affecting-performance---research-and-markets-300286510.html
SOURCE Research and Markets