Industrial Sensor Research Report 2026: $36.85 Bn Market Opportunities, Trends, Competitive Analysis, Strategies, Forecasts, 2020-2025, 2025-2030F, 2035F [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
Expansion in manufacturing, energy, and automation drives demand, while tariffs propel local manufacturing and development of smart sensors for efficiency. Industrial Sensor Market Dublin, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The "Industrial Sensor Market Report 2026" has been added to ResearchAndMarkets.com's offering. The industrial sensor market is experiencing significant growth, projected to expand from $24.63 billion in 2025 to $26.75 billion in 2026, achieving a CAGR of 8.6%. Key drivers include enhanced adoption of pressure, temperature, and position sensors, and increased integration within manufacturing and energy sectors. The expansion in the oil & gas and chemical industries, along with pharmaceutical monitoring, further boosts this market. Looking ahead, the market is anticipated to reach $36.85 billion by 2030, maintaining a CAGR of 8.3%. This forecasted growth is propelled by advancements in multi-sensor arrays, real-time data analytics, and the proliferation of no
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