According to Cognitive Market Research, the global Monitoring Sensors Market size is USD 4581.50 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1832.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1374.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1053.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 229.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 91.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.
The Pressure Sensor held the highest Monitoring Sensors Market revenue share in 2024.
