Global Smart Sensor Market to Grow at CAGR of 19.0% Over the Forecast Period, 2020-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Smart Sensor Market by Type (Temperature & Humidity, Pressure, Touch, Motion & Occupancy, Water, Position, Light, and Others), Technology (MEMS, CMOS), Component (ADC, DAC, Microcontroller), Connectivity, Industry, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global smart sensor market size is projected to grow from USD 36.6 billion in 2020 to USD 87.6 billion by 2025, at a CAGR of 19.0%.
The drivers fueling the growth of the market are increasing usage of smart sensors in various manufacturing industries and escalating demand for smart sensors by automobile manufacturers to deliver improved safety and comfort.
Pressure sensor type to hold the largest size of the smart sensor market during the forecast period.
The market for pressure sensor type is expected to hold the largest size during the forecast period. Smart pressure sensors play a significant role in smart cars and smart homes. One of the essential features of a smart car is the airbag that requires smart pressure sensors to function. Additionally, water pipe monitoring for leakage and maintenance also requires smart pressure sensors.
Consumer electronics industry to hold the largest share of the smart sensor market in 2020.
The consumer electronics industry is expected to hold the largest share of the market in 2020. The consumer electronics sector is a rapidly changing and dynamic industry with increasing competition among market players. Currently, manufacturers of consumer electronics are under enormous pressure to bring unique and differentiated products into the market. Smart sensors such as motion, temperature, image, touch, and pressure sensors are among the important components utilized in all these products to ensure comfort and control for the user.
Americas to dominate the smart sensor market in 2020.
Americas would dominate the global smart sensor industry in 2020. In the Americas, the US is the largest market in terms of the consumption and production of smart sensors, as most of the major market players have set up their manufacturing units in the US. Moreover, automotive and consumer electronics are well-established industries in the region, which contribute most to the growth of the smart sensor market in the Americas.
Key Benefits of Buying the Report
- This report segments the Smart sensors market comprehensively and provides the closest market size projection for all subsegments across different regions.
- The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
- This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product development and launch, partnership, and merger.
Key Topics Covered:
1 Introduction
1.1 Study Objectives
1.2 Market Definition and Scope
1.3 Study Scope
1.4 Currency
1.5 Inclusions and Exclusions
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Smart Sensor Market
4.2 Market, By Type
4.3 Market in APAC, By Type and Country
4.4 Market, By Industry
4.5 Market, By Technology
4.6 Market, By Component
5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.2.1 Core Industry Players
6 Smart Sensor Market, By Type
6.1 Introduction
6.2 Temperature and Humidity Sensors
6.3 Pressure Sensors
6.4 Flow Sensors
6.5 Touch Sensors
6.6 Image Sensors
6.7 Motion and Occupancy Sensors
6.8 Water Sensors
6.9 Position Sensors
6.10 Light Sensors
6.11 Ultrasonic Sensors
6.12 Others
7 Smart Sensor Market, By Technology
7.1 Introduction
7.2 Major Packaging Types Considered in Smart Sensor Market
7.3 MEMs Technology
7.4 CMOs Technology
7.5 Other Technologies
8 Smart Sensor Market, By Component
8.1 Introduction
8.2 Analog-To-Digital Converters
8.3 Digital-To-Analog Converters
8.4 Transceivers
8.5 Amplifiers
8.6 Microcontrollers
8.7 Others
9 Smart Sensor Market, By Industry
9.1 Introduction
9.2 Industrial Automation
9.3 Building Automation
9.4 Consumer Electronics
9.5 Biomedical and Healthcare
9.6 Automotive
9.7 Aerospace & Defense
9.8 Others
10 Network Connectivity Options for Smart Sensors
10.1 Introduction
10.2 Wired Network Connectivity
10.3 Wireless Network Connectivity
11 Geographic Analysis
11.1 Introduction
11.2 Americas
11.3 Europe
11.4 Asia Pacific (APAC)
11.5 Rest of the World (RoW)
12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis of Smart Sensors
12.3 Competitive Leadership Mapping
12.4 Strength of Product Portfolio (25 Companies)
12.5 Business Strategy Excellence (25 Companies)
12.6 Competitive Situations and Trends
13 Company Profiles
13.1 Introduction
13.2 Key Players
13.2.1 Analog Devices, Inc.
13.2.2 Infineon Technologies AG
13.2.3 STMicroelectronics
13.2.4 TE Connectivity Ltd.
13.2.5 Microchip Technology
13.2.6 NXP Semiconductors N.V.
13.2.7 ABB Ltd.
13.2.8 Siemens AG
13.2.9 TDK Corporation
13.2.10 Robert Bosch GmbH
13.2.11 Honeywell International Inc.
13.2.12 Eaton Corporation PLC
13.2.13 Emerson Electric Company
13.2.14 General Electric
13.2.15 Legrand
13.3 Right to Win
13.4 Other Players
13.4.1 Airmar Technology Corporation
13.4.2 Balluff
13.4.3 Sensirion
13.4.4 Vishay Precision Group
13.4.5 Memsic
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