PUBLISHER: BCC Research | PRODUCT CODE: 1761726
PUBLISHER: BCC Research | PRODUCT CODE: 1761726
The global market for sensors was valued at $195.1 billion in 2024 and is estimated to increase from $212.5 billion in 2025 to reach $323.3 billion by 2030, at a compound annual growth rate (CAGR) of 8.7% from 2025 through 2030.
The Americas market for sensors was valued at $63.7 billion in 2024 and is estimated to increase from $68.8 billion in 2025 to reach $100.3 billion by 2030, at a CAGR of 7.8% from 2025 through 2030.
The Asia-Pacific market for sensors was valued at $56.3 billion in 2024 and is estimated to increase from $62.2 billion in 2025 to reach $101.2 billion by 2030, at a CAGR of 10.2% from 2025 through 2030.
This report analyzes trends in the global market for sensor technologies. Using 2024 as the base year, the report provides estimated market data for the forecast period of 2025 to 2030. The report covers qualitative and quantitative information for four market segments: sensor type, technology type, industry and geographic region. The sensor types include temperature sensors, image sensors, pressure sensors, position sensors, chemical sensors, force and torque sensors, flow sensors, level sensors, current sensors, radar sensors, biosensors, fingerprint sensors and IoT sensors. Emerging technologies and developments include AI integration, sensor fusion, virtual sensors and flexible sensors.
The study also includes an in-depth regional analysis of the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The report also focuses on market drivers, restraints and opportunities. Macroeconomic factors, such as GDP, geopolitical conflicts and the impact of tariffs are discussed. It provides a look at the vendor landscape, concluding with a look at the competitive landscape and detailed profiles of major players in the global sensor market.