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Report
2023 Instrumentation & Sensors Research Review
Market Research Report I 2025-02-14 I 165 Pages I BCC Research
Description
Research Review Scope
Instrumentation and Sensors are important elements for the majority of technology products being built today, and their application areas cover products from simple switches and temperature-sensing devices as part of the most basic of home appliances to sophisticated manufacturing equipment and factory automation systems. Micro-technology has revolutionized the electronics industry, and miniaturization has become a standard part of any system. Industrial requirements have increased, indicating room for growth in sensor usage.
The need for instrumentation and sensors is increasing in various applications. Therefore, it is imperative to produce high-quality sensors, and as manufacturer rivalry grows, sensor prices are decreasing faster than before. The sensors employed in automation will also be determined by how well physical characteristics are collected as data. Therefore, even though the cost aspect grows greatly, the dependability aspect would be given priority when it comes to sensors. Furthermore, an accurate dataset produced by the sensors will be necessary for the development of AI technologies. Future sensors will be more intelligent and precise owing to the training of AI models on this data for categorization and regression issues.
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. This 2023 Instrumentation and Sensors Research Review provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions. This Research Review includes highlights and excerpts from the following reports published by BCC Research in 2023:
-IAS200A Pressure Sensors: Technologies and Global Markets.
-IAS019E Wireless Sensors: Technologies and Global Markets.
-IAS159B Electrical Current Sensors: Technologies and Markets.
-IAS029G Terahertz Radiation Systems: Technologies and Global Markets.
-IAS020E RFID: Technology, Applications, and Global Markets.
-IAS196A Sensor Fusion: Global Market Outlook.
-IAS010J Machine Vision - 2D and 3D MV Systems: Technologies and Markets.
After you survey the excerpts in this Research Review, we encourage you to follow up on these topics by checking out the full market research reports associated with each topic. BCC Research looks forward to serving your market intelligence needs in the future.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence, providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Executive Summary
Summary:
- The global market for pressure sensors was valued at $15.8 billion in 2023, and it is expected to reach $25.0 billion by 2028, at a compound annual growth rate (CAGR) of 9.6% from 2023 through 2028.
- The global market for wireless sensors was valued at $12.3 billion in 2023, and it is expected to reach $32.4 billion by 2028, at a CAGR of 21.4% from 2023 through 2028.
- The global market for electrical current sensors was valued at $3.0 billion in 2023, and it is expected to reach $4.8 billion by 2028, at a CAGR of 10.1% from 2023 through 2028.
Table of Contents
Chapter 1 Foreword
Research Review Scope
Chapter 2 Pressure Sensors: Technologies and Global Markets (IAS200A)
Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of this Report
Market Outlook
Market Summary
Market Overview
Market Dynamics
Market Driver
Market Challenge
Emerging Technologies and Opportunities
Self-Learning Sensors
Wireless Sensors Networks
Integration of Pressure Sensors in IoT Platforms and Devices
Flexible Pressure Sensors
Pressure Sensors Market Analysis, by Technology
Piezoresistive
Capacitive
Optical
Piezoelectric
Others
Pressure Sensors Market Analysis, by Measurement Mode
Absolute
Differential
Gauge
Sealed and Vacuum
Pressure Sensors Market Analysis, by Region
The Americas
Europe
Asia-Pacific
Middle East and Africa
Environmental, Social and Governance Developments
ESG Performance in Pressure Sensor Market
Current Status of ESG in the Pressure Sensor Market
Consumer Attitudes Toward ESG
ESG Practices in the Pressure Sensor Market
Case Study
Concluding Remarks from BCC Research
Chapter 3 Wireless Sensors: Technologies and Global Markets (IAS019E)
Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Market Outlook
Market Summary
Market Overview
Regulatory Standards
Assessment of the Impact of COVID-19 on the Market
Assessment of the Impact of Russia-Ukraine War on the Market
Market Dynamics
Market Driver
Market Opportunity
Market Restraint
Wireless Sensors Market Breakdown, by Measurable Parameter
Wireless Biological Characteristic Sensors
Wireless Motion and Position Sensors
Wireless Temperature Sensors
Wireless Flow Sensors
Wireless Surveillance and Image Sensors
Wireless Level Sensors
Wireless Pressure Sensors
Wireless Humidity Sensors
Wireless Chemical Composition Sensors
Wireless Sensors Market Breakdown, by Region
North America
Europe
Asia-Pacific
Rest of the World
Environmental, Social, and Governance (ESG) Perspective
ESG Performance in Wireless Sensors Market
Current Status of ESG in the Wireless Sensors Market
Key ESG Issues in the Wireless Sensors Market
Consumer Attitudes Towards ESG in Wireless Sensors Market
Case Study
Concluding Remarks from BCC
Emerging Technologies
Chapter 4 Electrical Current Sensors: Technologies and Markets (IAS159B)
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
Market Summary
Market Overview
Advancements in Electric Current Sensors
Regulatory Standards
Future Outlook
Market Dynamics
Market Driver
Market Restraint
Market Opportunity
Current Sensors Market Analysis, by Technology
Hall Effect Current Sensors
Fiber-Optic Current Sensors
Rogowski Coil Current Sensors
Fluxgate Current Sensors
Others
Current Sensors Market Analysis, by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 5 Terahertz Radiation Systems: Technologies and Global Markets (IAS029G)
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
Market Outlook
Market Summary
Introduction to Terahertz Radiation
THz Enabling Technologies
THz Sources
THz Detectors
THz Waveguides
THz Switches, Regulators, Lenses, and Other Devices
New Materials and Technologies
Market Dynamics
Market Driver
Market Restraint
Market Opportunity
Global Market, by Type
Key Takeaways
THz Imaging Systems
THz Spectroscopes
THz Sensors
THz Communication Systems
THz Computing
Therapeutic Devices
THz Accelerators
Global Market, by Region
Key Takeaways
North America
Europe
Asia-Pacific
South America
Rest of the World
Chapter 6 RFID: Technology, Applications, and Global Markets (IAS020E)
Study Goals and Objectives
Scope of Report
Market Summary
Market Overview
RFID Standards
RFID Technology Roadmap
Use Cases Analysis
Industry 4.0 Operations
Distribution and Logistics
Asset Tracking
Supply Chain Management
Track & Trace and Regulatory Compliance
Brand Protection Anticounterfeiting & Grey Market Control
Retail
Inventory Accuracy
Visual Merchandising
Replenishment From Stockroom
Customer Experience and Relationship Management
Anti-theft
Omnichannel Sales
Assessment of the COVID-19 Impact on the Market
Market Dynamics
Market Driver
Market Challenge
Market Opportunity
Global RFID Market Breakdown, by Frequency
Low Frequency
High Frequency
Ultra-High Frequency
Global RFID Market Breakdown, by Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Chapter 7 Machine Vision-2D and 3D MV Systems: Technologies and Markets (IAS010J)
Study Goals and Objectives
Scope of Report
Market Summary
Market Overview
Advantages of Machine Vision Systems
Key Opportunities Prioritized, 2021
Robot Vision
IR Spectrum
Digital Twins and Models
Resource Optimization
New Developments in Machine Vision Systems
Impact of COVID-19 on the Market
Market Dynamics
Market Driver
Market Challenge
Market Opportunity
MV Systems Market, by Type of System
1D Vision
2D Vision
3D Vision
MV Systems Market, by Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Chapter 8 Sensor Fusion: Global Market Outlook (IAS196A)
Scope of Report
Market Snapshot
Executive Summary
Market Overview
Market Dynamics
Market Driver
Market Challenge
Emerging Technologies and Opportunities
Commercialization of Autonomous Vehicles
Growing Demand for Wearable and Connected Devices
Growth of Virtual Smart Sensors
Market for Sensor Fusion, by Sensor Type
Inertial Combo Sensors
LiDAR + Radar + Image Sensors
IMU + GPS
Temperature and Pressure Sensor
Others
Market for Sensor Fusion, by Region
The Americas
Europe
Asia-Pacific
Middle East and Africa
Chapter 9 Appendix
Methodology
Analyst's Credentials
List of Tables
Table 1 : Global Market for Pressure Sensors, by End-User Industry, Through 2028
Table 2 : Global Market for Pressure Sensors, by Technology, Through 2028
Table 3 : Global Market for Pressure Sensors, by Measurement Mode, Through 2028
Table 4 : Global Market for Pressure Sensors, by Region, Through 2028
Table 5 : Energy and Carbon Dioxide Savings, by Using Sensors Data
Table 6 : Global Pressure Sensors Market - ESG Impact Analysis
Table 7 : ESG Risk Ratings, by Company, 2022
Table 8 : Global Market for Wireless Sensors, by End-Use Application, Through 2028
Table 9 : Global Market for Wireless Sensors, by Measurable Parameter, Through 2028
Table 10 : Global Market for Wireless Sensors, by Region, Through 2028
Table 11 : ESG Risk Ratings Metric, by Company, 2022
Table 12 : Global Market for Electrical Current Sensors, by End-User Industry, Through 2028
Table 13 : Global Market for Electrical Current Sensors, by Technology, Through 2028
Table 14 : Global Market for Electrical Current Sensors, by Region, Through 2028
Table 15 : Global Market for THz Radiation Systems, by Application, Through 2028
Table 16 : Global Market for THz Radiation Systems, by Type, Through 2028
Table 17 : Global Market for THz Radiation Systems, by Region, Through 2028
Table 18 : Global Market for RFID, by Application, Through 2027
Table 19 : Global RFID Standards/Protocols
Table 20 : Global Market for RFID, by Frequency, Through 2027
Table 21 : Global Market for RFID, by Region, Through 2027
Table 22 : Global Market for Machine Vision Systems, by Application, Through 2027
Table 23 : Global Market for Machine Vision Systems, by Type, Through 2027
Table 24 : Global Market for Machine Vision Systems, by Region, Through 2027
Table 25 : Global Market for Sensor Fusion Technologies, by Industry, Through 2027
Table 26 : Global Market for Sensor Fusion Technologies, by Sensor Type, Through 2027
Table 27 : Global Market for Sensor Fusion Technologies, by Region, Through 2027
List of Figures
Figure 1 : Global Market Shares of Pressure Sensors, by End-User Industry, 2022
Figure 2 : Global Market Shares of Pressure Sensors, by Technology, 2022
Figure 3 : Global Market Shares of Pressure Sensors, by Measurement Mode, 2022
Figure 4 : Global Market Shares of Pressure Sensors, by Region, 2022
Figure 5 : Global Market Shares of Wireless Sensors, by End-Use Application, 2022
Figure 6 : Global Market Shares of Wireless Sensors, by Measurable Parameter, 2022
Figure 7 : Global Market Shares of Wireless Sensors, by Region, 2022
Figure 8 : Global Market Shares of Electrical Current Sensors, by End-User Industry, 2022
Figure 9 : Global Market Shares of Electrical Current Sensors, by Technology, 2022
Figure 10 : Global Market Shares of Electrical Current Sensors, by Region, 2022
Figure 11 : Global Market Shares of THz Radiation Systems, by Application, 2022
Figure 12 : Global Market Shares of THz Radiation Systems, by Type, 2022
Figure 13 : Global Market for THz Radiation Systems, by Region
Figure 14 : Global Market Shares of THz Radiation Systems, by Region, 2022
Figure 15 : Global Market Shares of RFID, by Application, 2021
Figure 16 : RFID Technology Roadmap
Figure 17 : Global Market Shares of RFID, by Frequency, 2021
Figure 18 : Global Market Shares of RFID, by Region, 2021
Figure 19 : Global Market Shares of Machine Vision Systems, by Application, 2021
Figure 20 : Global Market Shares of Machine Vision Systems, by Type, 2021
Figure 21 : Global Market Shares of Machine Vision Systems, by Region, 2021
Figure 22 : Global Market Shares of Sensor Fusion Technologies, by Industry, 2021
Figure 23 : Global Market Shares of Sensor Fusion Technologies, by Sensor Type, 2021
Figure 24 : Global Market Shares of Sensor Fusion Technologies, by Region, 2021
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