Product ID: SQMIG45K2045
Report ID:
SQMIG45K2045 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
64 |
Figures:
77
The industrial sensors market was dominated by the Asia-Pacific region, which is predicted to develop at a CAGR of 7% and bring in USD 16 billion by 2030. Customers now have higher expectations for quality, functionality, and efficiency as a result of the Chinese automotive industry's rapid development. In order to create a variety of vehicle types and models in one location, FAW-VW was forced to experiment with novel materials and technologies. During various phases of automated manufacturing in the plants, workpiece positions are identified by sensors.
The market with the quickest rate of growth is North America. Due to the region's growing automation and adoption of industry 4.0, North America is a significant market for industrial sensors. A vast number of sensor manufacturers are present in the area, particularly in the US. The market in North America is expanding due to a number of additional factors, including significant investments in technology and early adoption of cutting-edge technologies.
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Product ID: SQMIG45K2045