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Environmental And Air-Quality Monitoring ; Security, Surveillance, And Threat Detection Propel Sensors Market at a CAGR of 8.9% during the forecast period 2024 to 2035

Report Details:
15 Companies Covered
302 Pages
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The sensors market represents one of the most dynamic and rapidly expanding segments in the technology sector, with the market valued at approximately $241.5 billion in 2024.


This expanding market encompasses a diverse range of sensing technologies that serve as the foundational infrastructure for modern digital ecosystems, spanning from basic temperature measurements to sophisticated AI-enabled smart sensors. The sensors industry has evolved from simple mechanical devices to complex, miniaturized systems that integrate seamlessly with cloud computing, artificial intelligence, and Internet of Things (IoT) platforms. These devices serve as critical data collection points that enable real-time monitoring, predictive analytics, and autonomous decision-making across virtually every industry sector.


Market Research Future (MRFR) has published a cooked research report on the “Global Sensors market” that contains information from 2019 to 2035.


The Sensors market is estimated to register a CAGR of 8.9% during the forecast period of 2024 to 2035.


MRFR recognizes the following companies as the key players in the global Sensors market - Bosch Sensortec, STMicroelectronics, TDK Intenseness, Texas Instruments, Analog Devices, Infineon Technologies, NXP Semiconductors, Murata Manufacturing, Omron Corporation, Honeywell International, TE Connectivity, Broadcom, ROHM, Sensation, and Knowles.


Sensors Market Highlights


The Sensors market is accounted to register a CAGR of 8.9% during the forecast period and is estimated to reach USD 6,07,237.2 million by 2035.


With the help of Industry 4.0, manufacturing processes can be significantly improved in all areas, including the procurement, use, and supply chain management of materials as well as the design, engineering, and delivery of products, the predictive maintenance of machinery and other assets, and the real-time monitoring of all systems. Sensors are a significant enabler of this shift, and they will probably become more crucial in the future. IIOT (Industrial Internet of Things), 3DP (3-dimensional printing) 3D sensors, social software, augmented reality, and location awareness are leveraged in the next era of smart production. These automation technologies collectively are moving the manufacturing industry towards the next phase of technological advancement.


Hospitals and clinics are employing sensor solutions with greater frequency today to enable continuous patient monitoring and improved clinical decision making. Whether because of decreased costs or effective partnerships, adding tiny biosensors to wearable patches and smart watches enables real-time monitoring of vital signs, which sent data directly into electronic health record systems. Regulators have also eased approval requirements related to non-invasive sensors, expediting entry to market and clinical utilization. Likewise, partnerships between medical device manufacturers and healthcare providers have led to pilot programs demonstrating reduced readmissions and improved resource utilizations. Pharmaceutical companies, in general, have incorporated sensor modules into their clinical trials to demonstrate clean qualitative biomarker data, shorten studies, and include a more diverse patient demographic. Service agreements and subscription-based plans for data mining and data insights are also becoming recurring revenue sources for sensor companies.


City leaders are establishing enormous sensor networks to enhance services, save costs, and achieve green objectives. Road sensors are linked to adaptive traffic lights that change timing in real time to lessen congestion and vehicle-generated pollution. Smart streetlights utilize motion and ambient light sensors to manage energy consumption and allow for early degradation detection. Water utilities embed sound and pressure sensors into pipes to detect leaks immediately to avoid wasted water and damage to the pipeline. Waste services add fill-level sensors to garbage and recycling to plan their collection routes, reducing fuel consumption and labor. All these sensors feed data into city dashboards so that managers can examine information to help increase safety and resiliency of infrastructure.


Segment Analysis


The global Sensors market has been segmented based on Sensor Type, Form Factor/ Integration Level, Fabrication Technology, Wafer Size and Application


Based on Sensor Type, the global Sensors market segmentation includes MEMS Sensors and Non-MEMS Sensors. The non-MEMS Sensors accounted for the largest market share with a market value of USD  2,19,198.7 Million in 2024, which is projected to grow at a CAGR of 8.2% during the forecast period. MEMS sensors account for a dominant share of the market due to their small size, low power consumption, cost effectiveness, and high integration capability, making them widely adopted in consumer electronics, automotive systems, industrial automation, and healthcare wearables. Meanwhile, Non-MEMS sensors—including optical, gas, chemical, image, and conventional mechanical sensors—continue to hold strong relevance in applications requiring high accuracy, robustness, and reliable performance in harsh or specialized environments such as aerospace, defense, environmental monitoring, and medical diagnostics, thereby contributing significantly to overall market growth.


Based on Form Factor/ Integration Level, the global Sensors market segmentation includes Wafer-Level Packaged (WLP) Sensors System-in-Package (SiP), Discrete Sensors and Sensor Modules (integrated with MCU/SoC). Discrete Sensors accounted for the largest market share with a market value of USD 1,39,121.5 Million in 2024, which is projected to grow at a CAGR of 7.2% during the forecast period. Discrete sensors are individual sensing devices having specific measurement capabilities without embedded signal processing or interface electronics. They produce direct electrical outputs in response to physical parameters measured, necessitating external conditioning circuits, amplification, and analog-to-digital conversion for use in electronic systems. Applications for discrete sensors include a variety of technologies, each tailored to certain detecting activities and environmental circumstances, including the mechanical limit switches, inductive proximity sensors, photoelectric sensors, and capacitive sensors. Microcontroller or system-on-chip-based sensor modules are integrated sensing solutions that include measurement functions along with the local processing, communication interfaces, and power management. These integrated modules include embedded processors that can run sensor fusion algorithms, calibration sequences, and communication protocols along with having direct interface compatibility with host systems. The integration method allows sophisticated sensor functions such as multi-parameter measurement, predictive analysis, and adaptive calibration without necessitating external processing resources


 


Based on the Fabrication Technology, the global Sensors market segmentation includes CMOS-based Sensors, Deposition (CVD/ PVD), Additive Manufacturing, Etching, Photolithography and MEMS Sensors. By Fabrication Technology, Deposition (CVD/ PVD) accounted for the largest market share with a market value of USD 91,644.8 Million in 2024, which is projected to grow at a CAGR of 8.4% during the forecast period. Additive manufacturing enables quick design, and process updates and reduces production lead times, especially for small batches of an item. Early phase transition into niche markets is made possible by additive manufacturing, which allows for rapid design/generation changes and testing of smaller volumes of pilot versions in wearable technology, environmental monitoring solutions, and diagnostic devices. Deposition techniques (CVD and physical vapor deposition (PVD)) allow for coatings of ultra-thin layers on the sensor wafers. CVD introduces gas precursors which chemically react on the wafer surface to create coating layers of even thickness, while PVD either sprays or evaporates material to create films at precise thickness and ductility in vacuum


Based on Wafer Size the global Sensors market segmentation includes 100 mm (legacy nodes), 150 mm, 200 mm and 300 mm (Advanced MEMS and Mixed-Signal CMOS). And The 300 mm wafer segment is the largest segment is the ultimate sensor manufacturing technology, which allows for the fabrication of high-end MEMS devices and high-end mixed-signal CMOS sensors. The platform enables next-generation sensor applications that require high degrees of integration, accuracy, and performance characteristics that are unattainable on smaller wafer sizes. The segment is growing at a rapid pace as sensor makers move from mainstream 200 mm platforms to reap the advantages of bigger wafer sizes, such as enhanced economies of scale and greater manufacturing efficiency. Major foundries are heavily investing in 300 mm MEMS capability to support the production of complex sensor systems required for autonomous vehicles, advanced medical diagnosis, and high-end industrial automation.


Based on Application the global Sensors market segmentation includes Consumer Electronics, Automotive, Industrial, Medical, Smart Home/ IoT and Aerospace & Defence. The global sensor market is led by consumer electronics, which represents the largest share due to the high-volume adoption of sensors in smartphones, tablets, laptops, gaming devices, and wearables, where motion, image, proximity, and biometric sensors are essential for enhanced functionality and user experience. In contrast, the smart home and IoT segment is the fastest-growing, driven by the rapid expansion of connected devices such as smart thermostats, security systems, lighting controls, voice assistants, and industrial IoT solutions, with increasing emphasis on automation, energy efficiency, and real-time monitoring accelerating sensor deployment across residential and commercial environments.


 


Regional Analysis


By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In terms of revenue, Asia Pacific accounted for the largest market share with a market value of USD 1,07,571.8 Million in 2024, which is projected to grow at a CAGR of 9.6% during the forecast period.


The sensor market in North America is supported by a robust industrial base and extensive use of Industry 4.0 and IoT designs, resulting in demand across major verticals. In the automotive sector, that means xEV / BEV or ADAS (advanced driving assistance systems) sensors must be reliable in extreme environments to assist in energy management, real-time system diagnostics, and precise localization. Similarly, the telecommunications carriers deploying 5G technology, are deploying sensor modules associated with network nodes; sensors provide increased efficiency, resilient networks, and the ability to monitor condition-based maintenance of equipment while increasing useful equipment life. Discrete and process manufacturing using predictive maintenance frameworks, and in-line quality inspection can introduce multimodal sensor networks (optical, thermal, active and passive sound, and force) to detect anomalies, eliminate unplanned downtime, and maximize throughput. And smart grid implementations will employ distributed sensing platforms for granular monitoring and automated control of energy flows for enhanced utilization of renewable generation assets.


There is considerable vertical integration in markets for automobiles, health care, clean energy and industrial manufacturing which is driving growth in the sensor market throughout Europe. In the automobile space, advanced sensing technologies that include air-quality detection units and LiDAR- and radar-enabled advanced driver assistance systems (ADAS) and environmental monitoring sensors are entering the market align with regulatory mandates related to vehicle emissions and passive safety. In countries such as Germany, France, and the United Kingdom, manufacturers are embracing sensor technology for manufacturing optimization, minimizing downtime, and enhancing supply chain visibility.


Asia Pacific following rapid urbanization, industrial digitization, and high levels of technological adoption, Asia-Pacific is the largest and fastest growing market for sensor technologies. The biggest manufacturing centers China, Japan, South Korea, and India are already adopting advanced sensor-based automation systems, such as those found in smart factories, to optimize production processes, quality, and output. Speed of scale is evident for sensor-based automation in manufacturing in the context of Industry 4.0 frameworks and lean production practices. Simultaneously, government backing for large-scale IoT and smart city focus provides the vitally important components of regulatory backing, funding mechanisms, and infrastructure requirements for environmental monitoring, traffic management, and public safety sensor networks.


Key Findings of the Study



  • The global Sensors market is expected to reach USD 6,07,237.2 million by 2035, at a CAGR of 8.9% during the forecast period.

  • The Asia Pacific region accounted for the fastest-growing global market, imperative factors, such as the significant number of investments in Asia Pacific, making it the primary contributor to the market share.

  • Based on Sensor Type, the global Sensors market segmentation includes MEMS Sensors and Non-MEMS Sensors. The non-MEMS Sensors accounted for the largest market share with a market value of USD 2,19,198.7 Million in 2024

  • Bosch Sensortec, STMicroelectronics, TDK Intenseness, Texas Instruments, Analog Devices, Infineon Technologies, NXP Semiconductors, Murata Manufacturing, Omron Corporation, Honeywell International, TE Connectivity, Broadcom, ROHM, Sensation, and Knowles are the key market players.


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