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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Industrial settings often utilize factory automation sensors to detect and keep an eye on a wide range of physical factors, including location, presence, temperature, pressure, level, flow, and more.
By supplying real-time data for decision-making and enabling accurate control of machinery and equipment, these sensors play a significant role in the automation and control of production processes. Several popular kinds of factory automation sensors are listed below:
Proximity sensors are used to determine if an object is present or absent inside a given area. To sense the target item without making direct touch, they use a variety of technologies, including as inductive, capacitive, or photoelectric principles.
Photoelectric Sensors: Using light, photoelectric sensors can determine if an object is there or not. They produce a light beam and monitor it for modifications brought on by the presence, obstruction, or reflection of objects. There are several types of photoelectric sensors, including through-beam, retro-reflective, and diffuse reflection sensors.
Pressure sensors measure and keep track of the pressure levels in hydraulic or pneumatic systems. They are employed in industrial processes to guarantee the correct operation of equipment, keep track of fluid levels, and offer safety precautions.
Temperature Sensors: In industrial settings, temperature is measured and monitored using temperature sensors. They can be either touch or non-contact sensors, and they offer vital data for managing procedures, avoiding overheating, and maintaining ideal conditions.
The Nigeria Factory Automation Sensor Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The market for industrial automation is anticipated to increase somewhat throughout the ensuing years. Nigeria's economic prospects have undergone a number of upheavals in recent years as a result of changes in the price of crude oil throughout the world.
The Nigerian government is always working to restart growth, support indigenous industry, and advance industrial development. Therefore, the use of industrial control and factory automation would be a key instrument in lowering operational and labor costs while also increasing the nation's productivity.
In Nigeria, the industrial control and factory automation market, growth is predicted from 2020 to 2026. The government has established the direction for current industrial strategy in Nigeria under the Nigeria Vision 2020. It is the goal of the industrialisation plan to increase worldwide
The industrialization strategy aims to increase regional industrial production, which will lead to an increase in the industrial control and factory automation market over the upcoming years. This will increase the region's ability to compete on a global scale in the manufacturing process. In addition, rising government investment and FDI in the industry would support market expansion over time.
Industrial sensors that are integrated into machinery with both wired and wireless communication, as well as more effective power conversion technologies, are at the heart of the smart industry movement. The energy consumption of production systems may be significantly decreased by adding modern power control systems, which also lowers costs and cuts carbon emissions.
The performance of the production systems is becoming increasingly visible thanks to the updating of programmable logic controllers (PLCs) to make them a part of real-time systems.
PLCs have always been a crucial component of industrial process control systems, but they have grown smaller and more connected to enhance the real-time performance of industrial automation systems. As a result, the smart factory is being created,which can be monitored in real-time and easily modified to suit shifting production demands.
COMPANY PROFILE
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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