Smart Sensors in Asia-Pacific
Summary
Smart Sensors in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Asia-Pacific smart sensors market recorded revenues of $17,946.5 million in 2024, representing a compound annual growth rate (CAGR) of 1.6% between 2019 and 2024.
- The automotive segment accounted for the market's largest proportion in 2024, with total revenues of $6,267.5 million, equivalent to 34.9% of the market's overall value.
- In 2024, Asia-Pacific accounted for 38.2% of the global smart sensors market.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the smart sensors market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the smart sensors market in Asia-Pacific
- 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 Asia-Pacific smart sensors market with five year forecasts by both value and volume
- What was the size of the Asia-Pacific smart sensors market by value in 2024?
- What will be the size of the Asia-Pacific smart sensors market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific smart sensors market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's smart sensors market?
- 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. STMicroelectronics NV
- 7.2. Murata Manufacturing Co Ltd
- 7.3. Omron Corp
- 7.4. Shenzhen Yitoa Intelligent Control Co Ltd
- 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: Asia-Pacific smart sensors market value: $ million, 2019–24
- Table 2: Asia–Pacific smart sensors market category segmentation: % share, by value, 2019–24
- Table 3: Asia-Pacific smart sensors market category segmentation: $ million, 2019-24
- Table 4: Asia–Pacific smart sensors market geography segmentation: $ million, 2024
- Table 5: Asia-Pacific smart sensors market value forecast: $ million, 2024–29
- Table 6: STMicroelectronics NV: Key Facts
- Table 7: STMicroelectronics NV: annual financial ratios
- Table 8: STMicroelectronics NV: key employees
- Table 9: STMicroelectronics NV: key employees Continued
- Table 10: Murata Manufacturing Co Ltd: Key Facts
- Table 11: Murata Manufacturing Co Ltd: annual financial ratios
- Table 12: Murata Manufacturing Co Ltd: key employees
- Table 13: Murata Manufacturing Co Ltd: key employees Continued
- Table 14: Omron Corp: Key Facts
- Table 15: Omron Corp: annual financial ratios
- Table 16: Omron Corp: key employees
- Table 17: Omron Corp: key employees Continued
- Table 18: Shenzhen Yitoa Intelligent Control Co Ltd: Key Facts
- Table 19: Shenzhen Yitoa Intelligent Control Co Ltd: annual financial ratios
- Table 20: Shenzhen Yitoa Intelligent Control Co Ltd: key employees
- Table 21: Asia-Pacific Exchange Rate, 2019–24
- List of Figures
- Figure 1: Asia-Pacific smart sensors market value: $ million, 2019–24
- Figure 2: Asia-Pacific smart sensors market category segmentation: $ million, 2019-24
- Figure 3: Asia–Pacific smart sensors market geography segmentation: % share, by value, 2024
- Figure 4: Asia-Pacific smart sensors market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the smart sensors market in Asia-Pacific, 2024
- Figure 6: Drivers of buyer power in the smart sensors market in Asia-Pacific, 2024
- Figure 7: Drivers of supplier power in the smart sensors market in Asia-Pacific, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the smart sensors market in Asia-Pacific, 2024
- Figure 9: Factors influencing the threat of substitutes in the smart sensors market in Asia-Pacific, 2024
- Figure 10: Drivers of degree of rivalry in the smart sensors market in Asia-Pacific, 2024
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