Global Sensor Market (2021 to 2030) - by Type, Technology, End-user and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Sensor Market by Type, Technology, and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Sensor Market was valued at USD 151.40 billion in 2020, and is expected to reach USD 431.21 billion by 2030, registering a CAGR of 11.3%, during the period of 2021-2030.

Companies Mentioned

• Hewlett Packard Enterprise (HPE)
• Infineon Technologies AG
• Samsung Electronics
• NXP Semiconductor
• Panasonic Corporation
• Qualcomm Technologies, Inc.
• STMicroelectronics
• Sony Corporation
• TE Connectivity
• Texas Instruments

A sensor is a semiconductor device that converts stimuli such as heat, sound, motion and light into electrical signals. Sensors have wide range of applications across industries such as avionics, military, industrial automation, consumer electronics, healthcare, security, transportation, and IT infrastructure among others. Factors such as chip-level integration, wireless connectivity, low power consumption and cost are driving the growth of sensor market globally. However, increasing use of sensors leads to rise in device cost and reduces the life of the device, which is expected to hinder the market growth during the forecast period.

The global sensor market trends are analyzed across various segments including type, technology, end user and region. By type, the market is categorized into radar sensor, optical sensor, biosensor, touch sensor, image sensor, pressure sensor, temperature sensor, proximity & displacement sensor, level sensor, motion & position sensor, humidity sensor, accelerometer & speed sensor, and other sensors. The technology sub segment covered in this report includes CMOS, MEMS, NEMS, and others. The end users discussed in this study are electronics, IT & telecommunication, industrial, aerospace & defense, healthcare, and others. Geographically, the sensor market is analyzed across North America, Europe, Asia-Pacific, and RoW.

Asia-Pacific region is anticipated to maintain its dominance in the global sensor market owing to the rapid adoption of digital technologies in countries such as China, Taiwan, and South Korea. However, the European region is expected to witness the second-highest CAGR over the forecast period due to advanced infrastructure and heavy investments by numerous established and new players in Germany and France in sensor manufacturing.

Key Topics Covered:

1. Introduction

2. Market Snapshot, 2019-2030 Million Usd

3. Porter's Five Force Model Analysis

4. Market Dynamics

4.1. Growth Drivers

4.2. Challenges

4.3. Opportunities

5. Global Sensor Market, by Type

5.1. Overview

5.2. Radar Sensor

5.3. Optical Sensor

5.4. Biosensor

5.5. Touch Sensor

5.6. Image Sensor

5.7. Pressure Sensor

5.8. Temperature Sensor

5.9. Proximity & Displacement Sensor

6. Global Sensor Market, by Technology

6.1. Overview

6.2. Cmos

6.3. Mems

6.4. Nems

6.5. Others

7. Global Sensor Market, by End-user

7.1. Overview

7.2. Electronics

7.3. It & Telecom

7.4. Industrial

7.5. Automotive

7.6. Aerospace & Defense

7.7. Healthcare

7.8. Others

8. Global Sensor Market, by Region

8.1. Overview

8.2. North America

8.3. Europe

8.4. Asia-Pacific

8.5. Rest of World

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/wnv4rk