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Global Smart Sensor Market 2024-2028

Publisher TechNavio
Published Oct 13, 2023
Length 188 Pages
SKU # INF18285529

Description

Global Smart Sensor Market 2024-2028


The smart sensor market is forecasted to grow by USD 51427.89 mn during 2023-2028, accelerating at a CAGR of 12.74% during the forecast period. The report on the smart sensor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for smart temperature sensors, increasing implementation of smart sensors in various manufacturing industries, and rise in demand for smart sensors in the development of smart cities.

Technavio's smart sensor market is segmented as below:

By Type
  • Pressure sensor
  • Temperature and humidity sensor
  • Flow sensor
  • Touch sensor
  • Others
By Application
  • Automotive
  • Industrial automation
  • Consumer electronics
  • Others
By Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the increase in partnership and M and A by the vendors in the market as one of the prime reasons driving the smart sensor market growth during the next few years. Also, rising demand for smart sensors by automobile manufacturers and an increase in demand for micro-electro-mechanical systems (MEMS) technology in smart sensors will lead to sizable demand in the market.

The report on the smart sensor market covers the following areas:
  • Smart sensor market sizing
  • Smart sensor market forecast
  • Smart sensor market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart sensor market vendors that include ABB Ltd., Airmar Technology Corp., Analog Devices Inc., Balluff GmbH, Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., Infineon Technologies AG, Legrand SA, Microchip Technology Inc., NXP Semiconductors NV, Robert Bosch GmbH, Sensirion AG, Siemens AG, STMicroelectronics International N.V., TDK Corp., Vishay Intertechnology Inc., TE Connectivity Ltd., and Texas Instruments Inc.. Also, the smart sensor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

188 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global smart sensor market 2018 - 2022
    • Type Segment Analysis 2018 - 2022
    • Application Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Type
    • Pressure sensor - Market size and forecast 2023-2028
    • Temperature and humidity sensor - Market size and forecast 2023-2028
    • Flow sensor - Market size and forecast 2023-2028
    • Touch sensor - Market size and forecast 2023-2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by Type
    • Market segments
    • Comparison by Application
    • Automotive - Market size and forecast 2023-2028
    • Industrial automation - Market size and forecast 2023- 2028
    • Consumer electronics - Market size and forecast 2023- 2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by Application
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • China - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • France - Market size and forecast 2023-2028
    • Japan - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • ABB Ltd.
    • Analog Devices Inc.
    • Eaton Corp. Plc
    • Emerson Electric Co.
    • General Electric Co.
    • Honeywell International Inc.
    • Infineon Technologies AG
    • Legrand SA
    • Microchip Technology Inc.
    • NXP Semiconductors NV
    • Robert Bosch GmbH
    • Siemens AG
    • TE Connectivity Ltd.
    • Texas Instruments Inc.
    • Vishay Intertechnology Inc.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations
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