Global Industrial Sensors Market 2016-2020 is latest report added on RnRMarketResearch.com. The analysts forecast global industrial sensors market to grow at a CAGR of 10.06% during the period 2016-2020.
Complete report is available at http://www.rnrmarketresearch.com/global-industrial-sensors-market-2016-2020-market-report.html .
One trend which is expected to have a big impact on the industrial sensors market is the emergence of industrial wireless sensing networks (WSN). Industrial WSN refers to a group of spatially dispersed sensors placed in the remote plant area or main location. It monitors and controls the physical conditions of the equipment and organizes the collected data at the central location. It uses the wireless technology to send signals and measurements to the control room. The industrial WSNs are widely used in the oil and gas, power and utility, mining, and food and beverage industries.
According to the industrial sensors market report, a key driver is growth in the industrial robotics market. Sensors are widely used in industrial robots for sensing, recognition, and interpretation. Some of the important sensors used are proximity sensors, range sensors, and force sensors. Proximity sensors are used to detect the availability of component. They are placed in the robot moving parts such as end effector. These sensors are switched on at a specified distance and measured by means of feet or millimeters. They are also used as a collision detector sensor to provide safe working environment. These sensors will send a signal to the robot to stop or limit its motion whenever the pressure is sensed on a soft surface such as that of humans. The collaborative robots will be equipped with these sensors in large numbers.
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The report, Global Industrial Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The report covers the present scenario and the growth prospects of the global industrial sensors market for 2016-2020. To calculate the market size, we consider revenue generated from sales and aftermarket services of industrial sensors.
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Industrial sensors are transducers that convert physical quantity to electrical signals. The signals are processed through an electronic automation system and depict physical variation or error signal in the device or instrument. Industrial sensors are classified as position or velocity sensors, proximity sensors, pressure sensors, temperature sensors, and vibration or acceleration sensors. These industrial sensors have high degree of accuracy, reliability, range, and sensitivity and provide better control and automation of industrial processing units.
Key players in the global industrial sensors market: Bosch Sensortec, Siemens, STMicroelectronics, and Texas Instruments. Other Prominent Vendors in the market are: Analog Devices, Denso, GE, Honeywell International, Infineon, Itron, NXP, and Sensata.
Further, the report states that one challenge that could restrict market growth is the miniaturization of sensors which affect performance.
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