Lucintel’s latest market report analyzed that Sensor Cable market provides attractive opportunities in material handling, automotive, infrastructure, IT & telecommunications, oil & gases, energy & utilities, and others. The sensor cable market is expected to reach $1.0 billion by 2028 with a CAGR of 8.5%. In this market, leak detection is the largest segment by application, whereas automotive is largest by end use industry.

Based on application, the sensor cable market is segmented strain monitoring, power cable monitoring, heat & temperature sensing, acoustic sensing, leak detection, and others. Lucintel forecasts that the leak detection market is expected to remain the largest segment due to increasing leakage incidents caused by corrosion and cracks along with growing concern towards environmental damages created by hazardous gas and oil leaks in oil and gas industry.

Browse in-depth TOC on “Sensor Cable Market”

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The Sensor Cable Market is marked by the presence of several big and small players. Some of the prominent players offering Sensor Cable TE Connectivity, Pepperl+Fuchs, Schneider Electric, Belden, Lapp Group, Hans Turck, Baumer, Beckhoff Automation, SAB BRÖCKSKES, TTI.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056

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Contact Information:

Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056

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