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Growth driven by Industrial 4.0, IIoT, wireless sensors and demand for industrial robots, per MarketsandMarkets.
November 30, 2018
By: Anthony Locicero
Copy editor, New York Post
According to the report “Industrial Sensors Market by Sensor (Level Sensor, Image Sensor, Gas Sensor, Pressure Sensor, Position Sensor, Force Sensor, Flow Sensor, Temperature; and Humidity & Moisture Sensors), Type, Application, and Geography-Global Forecast to 2023,” the industrial sensors market is expected to be valued at $16 billion in 2018 and is likely to $21.6 billion by 2023, at a CAGR of 6.16% during the forecast period. The growth of this market is driven by growing...
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