| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 40.75 Billion |
| Market Size (2030) | USD 55.78 Billion |
| CAGR (2025 - 2030) | 6.48 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Americas Sensor Market Analysis
The Americas Sensor Market size is estimated at USD 40.75 billion in 2025, and is expected to reach USD 55.78 billion by 2030, at a CAGR of 6.48% during the forecast period (2025-2030).
The growing automotive, healthcare, and consumer electronics production substantiates the Americas' sensor demand.
- In recent years, the government has taken several initiatives to drive the growth of the country's manufacturing industry, creating a favorable outlook for the market's growth. The Canadian government undertakes various initiatives to modernize the industrial sector infrastructure as per Industry 4.0 guidelines. Green manufacturing initiatives are also expected to positively contribute to the market's growth in Canada.
- The increasing government spending in the defense industry and expanding sensor applications in the military and defense are anticipated to drive market demand. For instance, Canada ranks sixth in terms of contributions to the common budget of NATO. In 2022, Canada announced that it would spend USD 38.6 billion over 20 years to update the North American Aerospace Defense Command (NORAD), supported by an investment of USD 6.1 billion in equipment. Such investments may influence the rate of sensor adoption.
- The American region is a mature market for the computing industry. Higher penetration of digital technologies and a tech-friendly population favors this claim. Some leading PC/desktop manufacturers, including HP, Dell, and Apple, are based in the American region. As sensors are widely used in computing and associated devices, higher demand for computing products is expected to support the market's growth during the forecast period.
- High cost is involved in R&D activities to manufacture new products, further acting as a critical challenge for the cash-deficient small and medium-sized sensor manufacturers.
Americas Sensor Market Trends
Increasing Use of Smartphones and Other Electronic Devices to Bolster Market Growth
- The Americas' sensor market is expected to register high growth over the forecast period. The growth is attributed to rising demand for smartphones, consumer electronics, and other devices. With the rising adoption of smartphone devices in the region, the demand for sensors is expected to increase simultaneously in the market.
- The increasing adoption of light sensors in consumer electronics is expected to boost the demand for light sensors in the market. Light sensors are majorly used as automatic street light systems, automatic brightness control in mobile, and security devices in offices and homes. Light sensors in electronic devices indicate the intensity of artificial light or daylight, thus making them useful for various industrial and consumer applications.
- The development of numerous industries in the area where sensors are used is another factor boosting their demand. For instance, sensors for health applications are anticipated to experience strong demand due to ongoing concerns about population health in the United States owing to the rising rate of chronic diseases. One of the most critical applications driving the need for sensors is the growing uptake of wearable health devices for patient monitoring.
- The rising government efforts to promote 5G adoption are expected to drive the market. For instance, Ericsson projects that by 2030, revenues from improved mobile broadband will total over USD 28.4 billion in the 5G market.
- The growing consumer electronics industry in the Americas is one of the major factors driving the market's growth. According to recent projections by the Consumer Technology Association (CTA), the US consumer technology industry was expected to generate over USD 505 billion in retail sales in 2022, growing by 9.6% compared to 2020-2021. According to the organization, there is strong demand for sensors. Smartphones, consumer electronics, healthcare devices, and streaming services may help generate a significant portion of the projected revenue.
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United States to Hold Significant Market Share
- The sensors market in the Americas is dominated by the United States, which is expected to hold a significant global share and boom in the future due to the growing popularity of IoT-based devices, consumer wearables, and sensor applications in various industries.
- The leading causes of death in the United States are chronic diseases like diabetes, cancer, and cardiovascular disease. Heart disease, cancer, stroke, chronic obstructive pulmonary disease, and diabetes account for over two-thirds of all fatalities. The CDC estimates that people with chronic diseases and mental health conditions account for 90% of the USD 3.8 trillion annual healthcare costs. Such factors are driving the need for wearable trackers and the nation's investments in the healthcare sector. Wearable devices offer an alternative pathway to clinical diagnostics by using various chemical, physical, and biological sensors to track and analyze physiological (biophysical and biochemical) information in real time and in a non-invasive or minimally invasive manner.
- The region has gradually begun to favor electric vehicles over conventional vehicles. Sensors are crucial components of the electronic control system in cars. The region's growing EV market is anticipated to present opportunities for sensor technology.
- For instance, according to Cleantechnica, the US market for electric vehicles has grown significantly over the past two years, rising from about 2.2% of US EV sales in Q3 2020 to 6.1% in Q3 2022. The growing investments in the automotive industry to meet the demand for EV technology are also anticipated to increase the demand for sensors due to their widespread use in the automotive sector.
- The government is taking several initiatives to advance the region's semiconductor industry capabilities. For instance, in August 2022, the country announced CHIPS Act 2022, which aims to increase the competitiveness of US technologies and semiconductor production and allocate resources and subsidies to help the United States deal with the semiconductor shortage. As a result, to meet the demand, many market participants continually invest in the market studied.
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Americas Sensor Industry Overview
The Americas sensors market is highly competitive because most leading brands are developing new technologies and engaging in fierce competition. Brand identity plays a huge role in the market studied. The established players have a competitive edge due to huge brand equity. Significant players include ABB Limited, Honeywell International Inc., Texas Instruments Incorporated, Siemens AG, and NXP Semiconductors BV. Some of the recent developments in the market are:
- January 2023: Texas Instruments (TI) partnered with D3 to launch the DesignCore RS-1843AOPC and RS-6843AOPC mm-Wave Radar Sensors. These sensors enable the implementation of many different mm-wave radar algorithms to measure, detect, and track. It can be used with a PC or embedded platform for field testing, sensing evaluation, algorithm development, and application demonstrations.
- September 2022: SICK AG announced the launch of its next-generation, intelligent, and powerful WLL80 FibreOptic Sensors. It is highly versatile and designed for easy configuration integration into conveyor and machine systems in electronics manufacturing, wherever rapid, high-accuracy detection in confined spaces is required. The SICK WLL80 fiber optic amplifier can be used with SICK's new LLX portfolio of cutting-edge fibers.
Americas Sensor Market Leaders
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ABB Limited
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NXP Semiconductors
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Honeywell International Inc.
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Texas Instruments Incorporated
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Siemens AG
- *Disclaimer: Major Players sorted in no particular order
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Americas Sensor Market News
- January 2023: OSRAM announced the launch of its new product, the Mira050, a 2.3 x 2.8 mm, 0.5 Mpixel pipelined, high-sensitivity, global shutter CMOS image sensor. Due to the Mira050's high sensitivity to visible and near-infrared (NIR) light, wearable and mobile devices' size and power consumption can be decreased. The Mira050 can be used for 3D depth sensing for face recognition in smart door locks, eye tracking, gesture tracking, and contextual awareness in AR/VR/MR headsets.
- February 2022: BOSCH announced the launch of the BMP384, a rugged barometric pressure sensor that offers market-leading accuracy in a compact package. Together with the required integration concept, the new sensor's innovative housing design uses a special gel to prevent the ingress of primary water, other liquids and dust. OEMs can easily integrate barometric pressure sensors into products that require a high degree of robustness.
Americas Sensor Industry Segmentation
A sensor is a device that measures or detects a physical quantity and converts it into a signal, which can be read by an instrument or an observer.
The Americas' sensor market is segmented by type (temperature, pressure, level, flow, proximity, environmental, chemical, inertial, magnetic, and vibration), mode of operation (optical, electrical resistance, biosensor, piezoresistive, image, capacitive, piezoelectric, lidar, and radar), end-user industry (automotive, consumer electronics (smartphones, tablets, laptops, and computers, wearable devices, smart appliances or devices), energy, industrial, medical and wellness, construction, agriculture, and mining, aerospace, defense), and geography. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Parameters Measured | Temperature | ||
| Pessure | |||
| Level | |||
| Flow | |||
| Proximity | |||
| Environmental | |||
| Chemical | |||
| Inertial | |||
| Magnetic | |||
| Vibration | |||
| Other Parameters Measured | |||
| By Mode of Operations | Optical | ||
| Electrical Resistance | |||
| Biosenser | |||
| Piezoresistive | |||
| Image | |||
| Capacitive | |||
| Piezoelectric | |||
| LiDAR | |||
| Radar | |||
| Other Modes of Operation | |||
| By End-user Industry | Automotive | ||
| Consumer Electronics | Smartphones | ||
| Tablets, Laptops, and Computers | |||
| Wearable Devices | |||
| Smart Appliances or Devices | |||
| Other Consumer Electronics | |||
| Energy | |||
| Industrial and Other | |||
| Medical and Wellness | |||
| Construction, Agriculture, and Mining | |||
| Aerospace | |||
| Defense | |||
| By Geography | Americas | United States | |
| Canada | |||
| Brazil | |||
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Americas Sensor Market Research Faqs
How big is the Americas Sensor Market?
The Americas Sensor Market size is expected to reach USD 40.75 billion in 2025 and grow at a CAGR of 6.48% to reach USD 55.78 billion by 2030.
What is the current Americas Sensor Market size?
In 2025, the Americas Sensor Market size is expected to reach USD 40.75 billion.
Who are the key players in Americas Sensor Market?
ABB Limited, NXP Semiconductors, Honeywell International Inc., Texas Instruments Incorporated and Siemens AG are the major companies operating in the Americas Sensor Market.
What years does this Americas Sensor Market cover, and what was the market size in 2024?
In 2024, the Americas Sensor Market size was estimated at USD 38.11 billion. The report covers the Americas Sensor Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Americas Sensor Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Americas Sensor Industry Report
Statistics for the 2025 Americas Sensor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Americas Sensor analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
