PUBLISHER: TechNavio | PRODUCT CODE: 1916118
PUBLISHER: TechNavio | PRODUCT CODE: 1916118
The global condition monitoring sensors for heavy industry market is forecasted to grow by USD 533.8 mn during 2025-2030, accelerating at a CAGR of 8.3% during the forecast period. The report on the global condition monitoring sensors for heavy industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by accelerated adoption of predictive maintenance strategies in heavy industry, proliferation of industrial internet of things (iiot) and wireless devices, stringent regulatory standards and safety requirements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 8.1% |
| CAGR | 8.3% |
| Incremental Value | $533.8 mn |
Technavio's global condition monitoring sensors for heavy industry market is segmented as below:
By Product Type
By End-User
By Type
Geography
This study identifies the integration of edge computing and artificial intelligence on sensor as one of the prime reasons driving the global condition monitoring sensors for heavy industry market growth during the next few years. Also, proliferation of wireless connectivity and private 5G networks and shift towards prescriptive analytics will lead to sizable demand in the market.
The report on the global condition monitoring sensors for heavy industry market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global condition monitoring sensors for heavy industry market vendors that include AB SKF, ABB Ltd., Amphenol Corp., Baker Hughes Co., Balluff GmbH, Banner Engineering Corp., Baumer Holding AG, Emerson Electric Co., Fluke Corp., Hansford Sensors Ltd., Honeywell International Inc., Keyence Corp., Kistler Group, PCB Piezotronics Inc., Rockwell Automation Inc., Schaeffler AG, Siemens AG, SPM Instrument, TE Connectivity plc, Teledyne FLIR LLC. Also, the global condition monitoring sensors for heavy industry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.