Summary:

A new study title “Factory Automation Sensor market size, status and forecast 2027” has been featured on market research future.

Market Overview:
The rise in disruptions to the production processes is estimated to define the factory automation sensor market 2020. The SEM industry reports are produced by Market Research Future, which highlights market options for development. An earning of USD 18.13 Billion by 2025 is likely to be gained with a CAGR of 6.6 % in the coming period.
The necessity to ensure the functionality of the machines is anticipated to bolster the factory automation sensor market size. The upsurge in automation in factories is estimated to further enhance the factory automation sensor market in the coming period.

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Key Players:
The formidable companies in the factory automation sensor market are Honeywell (US), Texas Instruments (US), Panasonic (Japan), Rockwell Automation (US), STMicroelectronics (Switzerland), First Sensor (Germany), Siemens AG (Germany), Amphenol Corporation (US), Integrated Device Technology (US), Bosch Sensortec (Germany), ABB Limited (Switzerland), Analog Device Inc. (US), General Electric (US), Vishay Intertechnology, Inc. (US), NXP Semiconductors NV (Netherlands), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), among others.

Segments:
The segmental insight into the factory automation sensor market has been conducted based on application, sensor type, and region. Based on the sensor types, the factory automation sensor market has been segmented into proximity sensors, vibration sensors, temperature sensors, vision sensors, pressure sensors, humidity sensors, and others. The application-based segmentation of the factory automation sensor market has been segmented into automotive, oil & gas, automotive, manufacturing, chemicals, energy & power, aerospace & defense, food & beverages, pharmaceuticals, and others. By region, the factory automation sensor market has been segmented into Asia-Pacific, North America, Europe, and the rest of the regions.

Regional Analysis:
The regional investigation of the factory automation sensor market includes regions such as Asia-Pacific, North America, Europe, and the rest of the regions. The North American regional market accounted for the primary market stake in the year 2018. Due to the incidence of a mixture of chief multinational corporations which are in service in the market such as Honeywell International Inc., Rockwell Automation, and Amphenol Corporation, which manufacture different sensors for the factory automation in the region, is promoting the global market. In the North American region, there is a deficiency of labor, which contributes to an improved need for automated operations, thus cutting the requirement of the labor, thus motivating the factory automation sensor market.

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