Top 10 Companies in the Global Sensor Market, 2025

Sensors sense the world around us, capturing information on pressure, light, motion, heat, and moisture. They convert this information into signals that machines can act on. As technologies advance, they are becoming vital across industries: optimizing climate control in smart homes, monitoring patient vitals in real-time healthcare, and enabling predictive maintenance in manufacturing to reduce downtime.  The growth of the market is likely to grow in coming years on the account of spurring need for electronic devices and the rise of the IoT and automation. Their growing role in monitoring heart rate, sleep patterns, caloric intake, and activity levels has boosted the expansion of the market.

As per a report by Fortune Business Insights™, the market for sensors was valued at USD 241.06 billion in 2024 and is expected to touch USD 457.26 billion by 2032, with a CAGR of 8.5% during the 2025-2032 period.

Fortune Business Insights™ Profiles Top 10 Key Players/Companies in the Global Sensor Market

1. Siemens AG 

Siemens enhances indoor climate control through fast, accurate sensors for energy-efficient operations. In August 2024, it launched the SICAM Enhanced Grid Sensor to boost grid visibility. In April 2023, it introduced SiBushing, a smart bushing with built-in detection and SICAM FCM integration.

2. NXP Semiconductor

NXP Semiconductor provides a wide range of semiconductor solutions, communication processors, application processors, analog and interface devices, connectivity chipsets, RF power amplifiers, security controllers, and microcontrollers. In January 2023, it partnered with InPlay to deliver no-code connected solutions using NXP’s low-power sensors and InPlay’s NanoBeacons SoC.

3. Infineon Technologies AG

Infineon Technologies AG is a global semiconductor leader focused on IoT and power, advancing digitalization and decarbonization. In July 2024, it partnered with Swoboda to develop high-performance current sensors for hybrid and electric vehicles, merging Infineon’s sensor ICs with Swoboda’s module expertise. In April 2024, Infineon launched the XENSIV sensor for Arduino, integrating multiple sensors for easy evaluation in smart homes and consumer applications, streamlining development for designers.

4. Texas Instruments Incorporated

Texas Instruments Incorporated is a global semiconductor company specializing in analog and embedded processing chips across industries such as communications equipment, automotive, and personal electronics. At CES in January 2024, TI introduced groundbreaking automotive chips, featuring the first single-chip radar sensor optimized for satellite-based vehicle designs. Capable of sensing beyond 200 meters, this innovation significantly improves ADAS functionality, supporting automakers in developing advanced safety and autonomous driving features.

5. Analog Devices, Inc.

Analog Devices, Inc. offers cutting-edge analog, digital, and sensor solutions that bridge the physical and digital worlds. In May 2023, it committed USD 675 million to expand semiconductor R&D and manufacturing, fostering innovation in digital transformation across key industries. Earlier, in March 2023, Envision Energy utilized ADI’s MEMS sensor technology to enhance wind turbine safety and intelligence, showcasing how cutting-edge sensing solutions support clean energy and real-time system optimization.

6. STMicroelectronics

STMicroelectronics designs and manufactures a wide range of semiconductor solutions, from discrete components to advanced mixed-signal solutions. In July 2024, it launched a Single-Zone Direct-ToF (Time-of-Flight) sensor that enhances proximity sensing under high ambient light, ideal for smart factories, robotics, and security systems. In January 2024, STMicroelectronics recognized its product lines APMS and MDRF to streamline innovation and product development.

7. Bosch Sensortec GmbH

Bosch Sensortec GmbH specializes in MEMS sensor solutions for a wide range of consumer and IoT devices. In July 2023, it collaborated with HopeRun Software to speed up AIoT innovation with development kits supporting the OpenHarmony OS and Bosch’s sensor technologies. In December 2021, it joined forces with NextNav to improve barometric sensor accuracy across such as airborne vehicles, smartphones, and wearables, enhancing functionality in altitude tracking and environmental sensing.

8. Microchip Technology Inc.

Microchip Technology Incorporated delivers advanced embedded control solutions, including touch and gesture, security ICs, power over Ethernet, motor drive, storage, smart energy/metering, clock and timing, data converters, embedded controllers, synchronization and timing systems, and wireless connectivity. In July 2024, it launched a 64-bit HPSC MPU series tailored for space applications, offering high-speed connectivity and remote sensing capabilities. In June 2022, the company released the LX34070 IC inductive position sensor for EVs, combining fast response times and functional safety for ASIL–C (Automotive Safety Integrity Level–C) standards, supporting the growing need for precision and reliability in electric mobility.

9. Honeywell International Inc.

One of the top sensor manufacturing companies in the world, Honeywell International Inc. provides a range of industrial technologies, including process technologies, specialty chemicals, productivity, sensing, security and safety technologies, spare components, energy-efficient solutions and products, and electronic and advanced materials. In April 2024, it created precision engine position sensors for the Lilium Jet, critical for secure vertical takeoff. In January 2024, Eve Air Mobility chose Honeywell’s sensor and navigation technologies to improve flight control and safety in electric aircraft, offering real-time motion sensing and seamless system coordination for enhanced pilot guidance.

10. OMRON Corporation

Omron delivers a broad range of technologies, including motion and drives, switches, sensors, safety components, relays, automation systems, control components, robotics, switches, power supplies, and connectors. In April 2024, it joined forces with NEURA to pioneer AI-driven cognitive automation in factories, merging advanced sensing with intelligent control. In July 2023, OMRON and Weathernews launched Soratena Pro, a mini weather IoT sensor capable of minute-by-minute detection of atmospheric pressure, wind direction, wind velocity, rainfall amount, illuminance, humidity, and air temperature. 

Making Technology Smarter and Responsive: The Expanding Role of Sensor Intelligence

Sensors are changing industries by offering real-time visibility into processes, environments, and systems. From tracking our health to powering self-driving cars, they gather real-world information and turn it into meaningful action. As artificial intelligence and the internet of things evolve, they are becoming more responsive and smarter, no longer just collecting information, but helping systems adapt in real-time. They are enhancing safety, efficiency, and convenience in everything from homes to hospitals. With each development, they bring us closer to a world that thinks, reacts, and even learns.