Market Outlook
Strong outlook for global sensor market: Set to exceed US$250B by 2035
By Dr Jack Howley, technology analyst at IDTechEx
Ten-year global sensor market forecast (2025-2035), segmented by sensor technology. Source: IDTechEx – “Sensor Market 2025-2035: Technologies, Trends, Players, Forecasts” T
he global sensor market is well established, with hundreds of millions of sensors produced yearly. Yet the market remains in flux, with trends in future mobility,
edge computing, AI, and digital healthcare continuously evolving and reshaping sensor technology requirements. IDTechEx predicts that the global sensor market will be worth US$253B by 2035 (1)
, with emerging sensor
technology innovations within photonics, quantum sensing, edge sensing, and IoT representing the fastest growing sensor market segments.
Sensor technology is ubiquitously applied within modern electronic equipment and
16 December/January 2025
devices. The ability to detect and convert physical input into an electrical signal for processing sees sensors routinely employed in communications, transport, industry, healthcare, energy, consumer, and agriculture applications.
While sensors contribute just a fraction of the annual revenue generated by major electronics companies, sensor technology nevertheless represents a multi-billion-dollar global market. In 2025, commoditised sensor technology, such as semiconductor, optical, and conventional transducers (electromechanical, electrochemical), command the majority of market share by revenue.
Within these established sensor markets, Components in Electronics
design trends focus on improved integration and performance within products and applications. Emerging sensor technologies must compete through reduced size and power, offer the ability to measure more metrics, for longer, with greater sensitivity and accuracy, and be integrated into new form-factors.
Looking beyond established sensor markets, emerging global technology mega-trends are reshaping sensor technology requirements, presenting renewed growth opportunities to original equipment manufacturers. Future mobility (autonomy, electrification, and driver monitoring), Internet of Things (IoT) expansion, growing AI integration,
wearable technology adoption, and the commercialization of 6G all demand unique sensing requirements.
A bright future for sensors in future mobility
Trends in electrification, automation, in-cabin monitoring, and software-defined vehicles are drastically changing sensing needs in the automotive sector. For example, temperature, current, voltage, and gas sensors are required for battery monitoring within electric vehicles, while LiDAR, radar, infrared imaging, and camera technology are essential for autonomous vehicles.
Increasing vehicle autonomy will transform
www.cieonline.co.uk
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68
