How big is the Europe Sensors Market?

The Europe Sensors Market size is expected to reach USD 23.65 billion in 2024 and grow at a CAGR of 6.64% to reach USD 32.62 billion by 2029. Read More

What is the current Europe Sensors Market size?

In 2024, the Europe Sensors Market size is expected to reach USD 23.65 billion. Read More

Who are the key players in Europe Sensors Market?

Rockwell Automation, Texas Instruments, Omega Engineering, TE Connectivity and Honeywell International are the major companies operating in the Europe Sensors Market. Read More

What years does this Europe Sensors Market cover, and what was the market size in 2023?

In 2023, the Europe Sensors Market size was estimated at USD 22.08 billion. The report covers the Europe Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Sensors Market Share

Statistics for the 2023 & 2024 Europe Sensors market share, created by Mordor Intelligence™ Industry Reports. Europe Sensors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Sensors Industry

The European sensor market is moderately fragmented due to several market players in the region. Some of the key players include Honeywell, Rockwell, Siemens, and Infineon.

January 2023 - Elliptic Labs, a global AI software company and the world leader in AI Virtual Smart Sensors, announced the launch of its AI Virtual Distance Sensor. This sensor is a 100% software-only solution that allows devices to dynamically calculate the distance between devices, offering relative location detection.
September 2022 - SMP Europe announced a new range of NOx sensors. The 25-part numbers cover a broad range of famous European vehicle manufacturers. Introducing these new sensors strengthens SMP Europe's position as an industry leader in Engine Management and Emissions components. NOx sensors will deliver a welcome addition to a portfolio already supporting the aftermarket with a wide selection of high-quality components to replace well-known high-failure parts.