Global Smart Sensors
Summary
Global Smart Sensors industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A smart sensor is a type of sensor technology that uses artificial intelligence to collect, analyze, and interpret data from its surroundings. Smart Sensors can detect environmental changes such as temperature, pressure, and movement and react without manual intervention. They can also be used to monitor machine performance and detect anomalies that can indicate potential problems.
- The global smart sensors market recorded revenues of $46,947.1 million in 2024, representing a compound annual growth rate (CAGR) of 1.0% between 2019 and 2024.
- The automotive segment accounted for the market's largest proportion in 2024, with total revenues of $15,521.0 million, equivalent to 33.1% of the market's overall value.
- In 2024, Asia-Pacific was the largest smart sensor market globally, accounting for a share of 38.2%, followed by North America, holding a share of 33.2%.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the smart sensors market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global smart sensors market
- Leading company profiles reveal details of key smart sensors market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global smart sensors market with five year forecasts by both value and volume
- What was the size of the Global smart sensors market by value in 2024?
- What will be the size of the Global smart sensors market in 2029?
- What factors are affecting the strength of competition in the Global smart sensors market?
- How has the market performed over the last five years?
- How large is the global’s smart sensors market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Company Profiles
- 7.1. Honeywell International Inc
- 7.2. STMicroelectronics NV
- 7.3. NXP Semiconductors NV
- 7.4. Infineon Technologies AG
- 8 Macroeconomic Indicators
- 8.1. Country data
- 9 Appendix
- 9.1. Methodology
- 9.2. Industry associations
- 9.3. Related GlobalData research
- 9.4. About GlobalData
- List of Tables
- Table 1: Global smart sensors market value: $ million, 2019–24
- Table 2: Global smart sensors market category segmentation: % share, by value, 2019–24
- Table 3: Global smart sensors market category segmentation: $ million, 2019-24
- Table 4: Global smart sensors market geography segmentation: $ million, 2024
- Table 5: Global smart sensors market value forecast: $ million, 2024–29
- Table 6: Honeywell International Inc: Key Facts
- Table 7: Honeywell International Inc: annual financial ratios
- Table 8: Honeywell International Inc: key employees
- Table 9: STMicroelectronics NV: Key Facts
- Table 10: STMicroelectronics NV: annual financial ratios
- Table 11: STMicroelectronics NV: key employees
- Table 12: STMicroelectronics NV: key employees Continued
- Table 13: NXP Semiconductors NV: Key Facts
- Table 14: NXP Semiconductors NV: annual financial ratios
- Table 15: NXP Semiconductors NV: key employees
- Table 16: Infineon Technologies AG: Key Facts
- Table 17: Infineon Technologies AG: annual financial ratios
- Table 18: Infineon Technologies AG: key employees
- Table 19: Global Exchange Rate, 2019–24
- List of Figures
- Figure 1: Global smart sensors market value: $ million, 2019–24
- Figure 2: Global smart sensors market category segmentation: $ million, 2019-24
- Figure 3: Global smart sensors market geography segmentation: % share, by value, 2024
- Figure 4: Global smart sensors market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the global smart sensors market, 2024
- Figure 6: Drivers of buyer power in the global smart sensors market, 2024
- Figure 7: Drivers of supplier power in the global smart sensors market, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the global smart sensors market, 2024
- Figure 9: Factors influencing the threat of substitutes in the global smart sensors market, 2024
- Figure 10: Drivers of degree of rivalry in the global smart sensors market, 2024
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