The global Industrial Condition Monitoring Sensor market was valued at US$ 590.8 million in 2023 and is anticipated to reach US$ 789.4 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
This report aims to provide a comprehensive presentation of the global market for Industrial Condition Monitoring Sensor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Condition Monitoring Sensor.
Report Scope
The Industrial Condition Monitoring Sensor market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Condition Monitoring Sensor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Condition Monitoring Sensor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SKF Group
GE
Schaeffler Group
Banner
Yokogawa Electric Corporation
Parker Hannifin
Honeywell
National Instruments
Waites
Fluke
ABB
PCB Piezotronics, Inc.
Emerson Electric
BeanAir GmbH
Evigia Systems, Inc.
SPM Instrument
Swift Sensors
Segment by Type
Based on Wi-Fi Network Standard
Based on Bluetooth Network Standard
Based on WirelessHART Network Standard
Based on ISA100.11a Network Standard
Based on Zigbee Network Standard
Others
Segment by Application
Manufacturing
Oil & Gas
Chemical
Engery
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Condition Monitoring Sensor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Condition Monitoring Sensor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Condition Monitoring Sensor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Industrial Condition Monitoring Sensor Market Overview
1.1 Product Definition
1.2 Industrial Condition Monitoring Sensor Segment by Type
1.2.1 Global Industrial Condition Monitoring Sensor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Based on Wi-Fi Network Standard
1.2.3 Based on Bluetooth Network Standard
1.2.4 Based on WirelessHART Network Standard
1.2.5 Based on ISA100.11a Network Standard
1.2.6 Based on Zigbee Network Standard
1.2.7 Others
1.3 Industrial Condition Monitoring Sensor Segment by Application
1.3.1 Global Industrial Condition Monitoring Sensor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Manufacturing
1.3.3 Oil & Gas
1.3.4 Chemical
1.3.5 Engery
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Condition Monitoring Sensor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Condition Monitoring Sensor Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Condition Monitoring Sensor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Condition Monitoring Sensor Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Condition Monitoring Sensor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Condition Monitoring Sensor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Condition Monitoring Sensor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Condition Monitoring Sensor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Condition Monitoring Sensor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Condition Monitoring Sensor, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Condition Monitoring Sensor, Date of Enter into This Industry
2.9 Industrial Condition Monitoring Sensor Market Competitive Situation and Trends
2.9.1 Industrial Condition Monitoring Sensor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Condition Monitoring Sensor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Condition Monitoring Sensor Production by Region
3.1 Global Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Condition Monitoring Sensor Production Value by Region (2019-2030)
3.2.1 Global Industrial Condition Monitoring Sensor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Condition Monitoring Sensor by Region (2025-2030)
3.3 Global Industrial Condition Monitoring Sensor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Condition Monitoring Sensor Production by Region (2019-2030)
3.4.1 Global Industrial Condition Monitoring Sensor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Condition Monitoring Sensor by Region (2025-2030)
3.5 Global Industrial Condition Monitoring Sensor Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Condition Monitoring Sensor Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Industrial Condition Monitoring Sensor Production Value Estimates and Forecasts (2019-2030)
4 Industrial Condition Monitoring Sensor Consumption by Region
4.1 Global Industrial Condition Monitoring Sensor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Condition Monitoring Sensor Consumption by Region (2019-2030)
4.2.1 Global Industrial Condition Monitoring Sensor Consumption by Region (2019-2024)
4.2.2 Global Industrial Condition Monitoring Sensor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Condition Monitoring Sensor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Condition Monitoring Sensor Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Condition Monitoring Sensor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Condition Monitoring Sensor Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Condition Monitoring Sensor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Condition Monitoring Sensor Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Condition Monitoring Sensor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Condition Monitoring Sensor Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Industrial Condition Monitoring Sensor Production by Type (2019-2030)
5.1.1 Global Industrial Condition Monitoring Sensor Production by Type (2019-2024)
5.1.2 Global Industrial Condition Monitoring Sensor Production by Type (2025-2030)
5.1.3 Global Industrial Condition Monitoring Sensor Production Market Share by Type (2019-2030)
5.2 Global Industrial Condition Monitoring Sensor Production Value by Type (2019-2030)
5.2.1 Global Industrial Condition Monitoring Sensor Production Value by Type (2019-2024)
5.2.2 Global Industrial Condition Monitoring Sensor Production Value by Type (2025-2030)
5.2.3 Global Industrial Condition Monitoring Sensor Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Condition Monitoring Sensor Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Condition Monitoring Sensor Production by Application (2019-2030)
6.1.1 Global Industrial Condition Monitoring Sensor Production by Application (2019-2024)
6.1.2 Global Industrial Condition Monitoring Sensor Production by Application (2025-2030)
6.1.3 Global Industrial Condition Monitoring Sensor Production Market Share by Application (2019-2030)
6.2 Global Industrial Condition Monitoring Sensor Production Value by Application (2019-2030)
6.2.1 Global Industrial Condition Monitoring Sensor Production Value by Application (2019-2024)
6.2.2 Global Industrial Condition Monitoring Sensor Production Value by Application (2025-2030)
6.2.3 Global Industrial Condition Monitoring Sensor Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Condition Monitoring Sensor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 SKF Group
7.1.1 SKF Group Industrial Condition Monitoring Sensor Corporation Information
7.1.2 SKF Group Industrial Condition Monitoring Sensor Product Portfolio
7.1.3 SKF Group Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.1.4 SKF Group Main Business and Markets Served
7.1.5 SKF Group Recent Developments/Updates
7.2 GE
7.2.1 GE Industrial Condition Monitoring Sensor Corporation Information
7.2.2 GE Industrial Condition Monitoring Sensor Product Portfolio
7.2.3 GE Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Schaeffler Group
7.3.1 Schaeffler Group Industrial Condition Monitoring Sensor Corporation Information
7.3.2 Schaeffler Group Industrial Condition Monitoring Sensor Product Portfolio
7.3.3 Schaeffler Group Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schaeffler Group Main Business and Markets Served
7.3.5 Schaeffler Group Recent Developments/Updates
7.4 Banner
7.4.1 Banner Industrial Condition Monitoring Sensor Corporation Information
7.4.2 Banner Industrial Condition Monitoring Sensor Product Portfolio
7.4.3 Banner Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Banner Main Business and Markets Served
7.4.5 Banner Recent Developments/Updates
7.5 Yokogawa Electric Corporation
7.5.1 Yokogawa Electric Corporation Industrial Condition Monitoring Sensor Corporation Information
7.5.2 Yokogawa Electric Corporation Industrial Condition Monitoring Sensor Product Portfolio
7.5.3 Yokogawa Electric Corporation Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Yokogawa Electric Corporation Main Business and Markets Served
7.5.5 Yokogawa Electric Corporation Recent Developments/Updates
7.6 Parker Hannifin
7.6.1 Parker Hannifin Industrial Condition Monitoring Sensor Corporation Information
7.6.2 Parker Hannifin Industrial Condition Monitoring Sensor Product Portfolio
7.6.3 Parker Hannifin Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Parker Hannifin Main Business and Markets Served
7.6.5 Parker Hannifin Recent Developments/Updates
7.7 Honeywell
7.7.1 Honeywell Industrial Condition Monitoring Sensor Corporation Information
7.7.2 Honeywell Industrial Condition Monitoring Sensor Product Portfolio
7.7.3 Honeywell Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Honeywell Main Business and Markets Served
7.7.5 Honeywell Recent Developments/Updates
7.8 National Instruments
7.8.1 National Instruments Industrial Condition Monitoring Sensor Corporation Information
7.8.2 National Instruments Industrial Condition Monitoring Sensor Product Portfolio
7.8.3 National Instruments Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 National Instruments Main Business and Markets Served
7.7.5 National Instruments Recent Developments/Updates
7.9 Waites
7.9.1 Waites Industrial Condition Monitoring Sensor Corporation Information
7.9.2 Waites Industrial Condition Monitoring Sensor Product Portfolio
7.9.3 Waites Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Waites Main Business and Markets Served
7.9.5 Waites Recent Developments/Updates
7.10 Fluke
7.10.1 Fluke Industrial Condition Monitoring Sensor Corporation Information
7.10.2 Fluke Industrial Condition Monitoring Sensor Product Portfolio
7.10.3 Fluke Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Fluke Main Business and Markets Served
7.10.5 Fluke Recent Developments/Updates
7.11 ABB
7.11.1 ABB Industrial Condition Monitoring Sensor Corporation Information
7.11.2 ABB Industrial Condition Monitoring Sensor Product Portfolio
7.11.3 ABB Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.11.4 ABB Main Business and Markets Served
7.11.5 ABB Recent Developments/Updates
7.12 PCB Piezotronics, Inc.
7.12.1 PCB Piezotronics, Inc. Industrial Condition Monitoring Sensor Corporation Information
7.12.2 PCB Piezotronics, Inc. Industrial Condition Monitoring Sensor Product Portfolio
7.12.3 PCB Piezotronics, Inc. Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.12.4 PCB Piezotronics, Inc. Main Business and Markets Served
7.12.5 PCB Piezotronics, Inc. Recent Developments/Updates
7.13 Emerson Electric
7.13.1 Emerson Electric Industrial Condition Monitoring Sensor Corporation Information
7.13.2 Emerson Electric Industrial Condition Monitoring Sensor Product Portfolio
7.13.3 Emerson Electric Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Emerson Electric Main Business and Markets Served
7.13.5 Emerson Electric Recent Developments/Updates
7.14 BeanAir GmbH
7.14.1 BeanAir GmbH Industrial Condition Monitoring Sensor Corporation Information
7.14.2 BeanAir GmbH Industrial Condition Monitoring Sensor Product Portfolio
7.14.3 BeanAir GmbH Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.14.4 BeanAir GmbH Main Business and Markets Served
7.14.5 BeanAir GmbH Recent Developments/Updates
7.15 Evigia Systems, Inc.
7.15.1 Evigia Systems, Inc. Industrial Condition Monitoring Sensor Corporation Information
7.15.2 Evigia Systems, Inc. Industrial Condition Monitoring Sensor Product Portfolio
7.15.3 Evigia Systems, Inc. Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Evigia Systems, Inc. Main Business and Markets Served
7.15.5 Evigia Systems, Inc. Recent Developments/Updates
7.16 SPM Instrument
7.16.1 SPM Instrument Industrial Condition Monitoring Sensor Corporation Information
7.16.2 SPM Instrument Industrial Condition Monitoring Sensor Product Portfolio
7.16.3 SPM Instrument Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.16.4 SPM Instrument Main Business and Markets Served
7.16.5 SPM Instrument Recent Developments/Updates
7.17 Swift Sensors
7.17.1 Swift Sensors Industrial Condition Monitoring Sensor Corporation Information
7.17.2 Swift Sensors Industrial Condition Monitoring Sensor Product Portfolio
7.17.3 Swift Sensors Industrial Condition Monitoring Sensor Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Swift Sensors Main Business and Markets Served
7.17.5 Swift Sensors Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Condition Monitoring Sensor Industry Chain Analysis
8.2 Industrial Condition Monitoring Sensor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Condition Monitoring Sensor Production Mode & Process
8.4 Industrial Condition Monitoring Sensor Sales and Marketing
8.4.1 Industrial Condition Monitoring Sensor Sales Channels
8.4.2 Industrial Condition Monitoring Sensor Distributors
8.5 Industrial Condition Monitoring Sensor Customers
9 Industrial Condition Monitoring Sensor Market Dynamics
9.1 Industrial Condition Monitoring Sensor Industry Trends
9.2 Industrial Condition Monitoring Sensor Market Drivers
9.3 Industrial Condition Monitoring Sensor Market Challenges
9.4 Industrial Condition Monitoring Sensor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
SKF Group
GE
Schaeffler Group
Banner
Yokogawa Electric Corporation
Parker Hannifin
Honeywell
National Instruments
Waites
Fluke
ABB
PCB Piezotronics, Inc.
Emerson Electric
BeanAir GmbH
Evigia Systems, Inc.
SPM Instrument
Swift Sensors
*If Applicable.