Please Wait.....
Report
Global Sensors and Actuators - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Global Sensors and Actuators Market is expected to register a CAGR of 8.24% during the forecast period.
Key Highlights
- The factory automation industry has been revolutionized by combining the digital and physical aspects of manufacturing, including sensors and actuators, which aim to deliver optimum performance. Further, the focus on achieving zero waste production and shorter time to market has augmented the sensors and actuators market growth.
- The rise in automation of production systems in both discrete and process industries has increased the demand for components capable of providing critical data related to the production process. These sensors facilitate process control in factories by detecting the presence and position of metal objects.
- Electric actuators, a standard option for various applications across industries, including IoT, convert energy into mechanical torque. Electric energy is considered less noisy in operation than other actuator types. Electric actuators don't require fluid to run, and they offer high-control precision positioning owing to programmability. These actuators are poised to witness increasing demand in the near future due to their advantages over pneumatic actuators.
- Manual setup and adjustment are required for pneumatic actuators, and it is relatively difficult to get precise feedback on their speed and position. In contrast, the encoder is embedded into the electric actuator enabling more precise movement.
- Miniaturization has been driving the sensors and actuators market, supported by the development of new sensor and actuator modalities by leveraging the available semiconductor expertise.
Sensors and Actuators Market Trends
Emergence of Automation and Industry 4.0
- Sensors and actuators are an integral part of the industrial automation system as they help achieve precision and efficiency. The need for motion control technologies using sensors and actuators plays a significant role in the factory and industrial automation systems.
- SCADA (supervisory control and data acquisition) components include sensors and actuators. SCADA systems include components deployed in the field to collect real-time data and related systems to allow data collection and enhance industrial automation.
- Servo motors have become an essential component for realizing factory automation where the servo motor itself functions as a sensor and the traditional high-speed and high-precision performance.
- Moreover, industrial robots have been increasingly utilized in industrial automation. Sensors and actuators are one of the key components of these robots. China, the United States, and Japan are at the forefront of industrial robots adoption. In response to the growing demand, market players also introduce robot-specific products.
- For instance, in April 2022, Kollmorgen announced a new TBM2G series of frameless servo motors having features that simplify the design of collaborative, industrial, aerospace and defense, and other robots while offering better performance in a lighter and more compact package.
Asia-Pacific is Expected to Grow with the Highest CAGR
- China's political push for industrial modernization creates a huge demand for smart manufacturing products, like smart sensors, wireless sensor networks, improved actuators, etc. International suppliers of sensors and actuator technologies are currently focusing on China to cater to growing demand from the country's manufacturing industry. China's industry has an enormous demand for high-end machine tools, smart sensors, and other technologies.
- India is fast accelerating the deployment of several emerging sensors and IoT technologies. The country provides an opportunity to deploy these technologies at a larger scale to bring economies of scale. Advanced IoT-based opportunities and ecosystems are developing consistently. The Indian Government is taking steps to push the adoption of emerging technologies with innovative initiatives, including Make in India, Digital India, Smart Cities, etc. These initiatives are expected to further boost the sensors and actuators market in the country.
- With the COVID-19 impact, in the long-term, it is expected that manufacturers operating in the Asia Pacific adopt Industry 4.0 procedures to become more agile and limit production and distribution shortfalls should an event similar to this ever happen again.
- The Asia-Pacific region has long been a major manufacturing base, and the industry continues to be a strong adopter of the Internet of Things (IoT). According to Microsoft IoT Signals Report published in February 2022, IoT is currently much more widely adopted across industry verticals, and across the world, with smart spaces, a significant focus for many markets in the Asia Pacific region, becoming one of the leading application areas.
Sensors and Actuators Industry Overview
The global sensors and actuators market is fragmented as numerous international companies, such as TE Connectivity, Texas Instruments Inc., Honeywell International Inc., Emerson Electric Company, and SMC Corporation, are operating.
- In September 2021, TE Connectivity, a leading company in connectivity and sensors, acquired ERNI Group AG (ERNI), a leading player in electronic connectivity for factory automation and automotive. The acquisition of ERNI complements TE Connectivity's wide connectivity product portfolio, specifically in high-speed and fine-pitch connectors for automotive, factory automation, and other industrial applications.
- In August 2021, Parker Hannifin Corporation, a leading market player in motion and control technologies, announced the acquisition of Meggitt PLC, a company operating in aerospace and defense motion and control technologies. In Coventry, United Kingdom, Meggitt PLC had approximately USD 2.3 billion in annual revenue in annual revenue in 2020.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Intensity of Competitive Rivalry
4.3.5 Threat of Substitutes
4.4 COVID-19 Impact on the Market
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Emergence of Automation and Industry 4.0
5.1.2 Increasing Demand from Automotive Industry
5.2 Market Challenges
5.2.1 Higher Initial Equipment Cost coupled with Installation and Maintenance Costs for Some Products
6 MARKET SEGMENTATION
6.1 Product Type
6.1.1 Sensors
6.1.1.1 Pressure Sensors
6.1.1.2 Temperature Sensors
6.1.1.3 Position Sensors
6.1.1.4 Level Sensors
6.1.1.5 Image Sensors
6.1.1.6 Chemical Sensors
6.1.1.7 Torque Sensors
6.1.2 Actuators
6.1.2.1 Type of Power Used
6.1.2.1.1 Hydraulic Actuators
6.1.2.1.2 Pneumatic Actuators
6.1.2.1.3 Electrical Actuators
6.1.2.1.4 Magnetic Actuators
6.1.2.1.5 Mechanical Actuators
6.1.2.2 Type of Motion
6.1.2.2.1 Linear Actuators
6.1.2.2.2 Rotary Actuators
6.2 End-user Industry
6.2.1 Automotive
6.2.2 Healthcare
6.2.3 Oil & Gas
6.2.4 Consumer Electronics
6.2.5 Manufacturing
6.2.6 Aerospace & Defense
6.2.7 Other End-user Industries (Energy, Water & Wastewater, Mining, etc.)
6.3 By Geography
6.3.1 North America
6.3.2 Europe
6.3.3 Asia-Pacific
6.3.4 Latin America
6.3.5 Middle-East and Africa
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 TE Connectivity
7.1.2 Texas Instruments Inc.
7.1.3 Honeywell International Inc.
7.1.4 Bosch Sensortec GmbH
7.1.5 Renesas Electronics Corporation
7.1.6 Emerson Electric Co.
7.1.7 SMC Corporation
7.1.8 Flowserve Corporation
7.1.9 Schlumberger Limited
7.1.10 Parker-Hannifin Corporation
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security