Smart Sensors in North America
Summary
Smart Sensors in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 North American smart sensors market recorded revenues of $49,680.8 million in 2024, representing a compound annual growth rate (CAGR) of 6.2% between 2019 and 2024.
- The automotive segment accounted for the market's largest proportion in 2024, with total revenues of $16,233.2 million, equivalent to 32.7% of the market's overall value.
- In 2024, North America accounted for 33.2% of the global smart sensors market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the smart sensors market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the smart sensors market in North America
- 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 North America smart sensors market with five year forecasts
- What was the size of the North America smart sensors market by value in 2024?
- What will be the size of the North America smart sensors market in 2029?
- What factors are affecting the strength of competition in the North America smart sensors market?
- How has the market performed over the last five years?
- What are the main segments that make up North America'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. Microchip Technology Inc
- 7.2. Honeywell International Inc
- 7.3. Texas Instruments Inc
- 7.4. Infineon Technologies AG
- 7.5. Iteris Inc
- 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: North America smart sensors market value: $ million, 2019–24
- Table 2: North America smart sensors market category segmentation: % share, by value, 2019–24
- Table 3: North America smart sensors market category segmentation: $ million, 2019-24
- Table 4: North America smart sensors market geography segmentation: $ million, 2024
- Table 5: North America smart sensors market value forecast: $ million, 2024–29
- Table 6: Microchip Technology Inc: Key Facts
- Table 7: Microchip Technology Inc: annual financial ratios
- Table 8: Microchip Technology Inc: key employees
- Table 9: Microchip Technology Inc: key employees Continued
- Table 10: Microchip Technology Inc: key employees Continued
- Table 11: Honeywell International Inc: Key Facts
- Table 12: Honeywell International Inc: annual financial ratios
- Table 13: Honeywell International Inc: key employees
- Table 14: Texas Instruments Inc: Key Facts
- Table 15: Texas Instruments Inc: annual financial ratios
- Table 16: Texas Instruments Inc: key employees
- Table 17: Infineon Technologies AG: Key Facts
- Table 18: Infineon Technologies AG: annual financial ratios
- Table 19: Infineon Technologies AG: key employees
- Table 20: Iteris Inc: Key Facts
- Table 21: Iteris Inc: key employees
- Table 22: North America Exchange Rate, 2019–24
- List of Figures
- Figure 1: North America smart sensors market value: $ million, 2019–24
- Figure 2: North America smart sensors market category segmentation: $ million, 2019-24
- Figure 3: North America smart sensors market geography segmentation: % share, by value, 2024
- Figure 4: North America smart sensors market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the smart sensors market in North America, 2024
- Figure 6: Drivers of buyer power in the smart sensors market in North America, 2024
- Figure 7: Drivers of supplier power in the smart sensors market in North America, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the smart sensors market in North America, 2024
- Figure 9: Factors influencing the threat of substitutes in the smart sensors market in North America, 2024
- Figure 10: Drivers of degree of rivalry in the smart sensors market in North America, 2024
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