Global Virtual Sensors Market Analysis 2019
The Global Virtual Sensors market is expected to reach $2, 015.25 million by 2026 growing at a CAGR of 29.8% during 2018 to 2026. Virtual sensing techniques are also known as soft sensing, proxy sensing, etc., are used to provide possible and cost-effective alternatives to the impractical material measurement device. Some of the factors such as increasing adoption of IoT and cloud platforms are fuelling the market growth. However, the lack of a skilled workforce and technical knowledge are restraining the market growth.
Based on Deployment Mode, The Cloud segment has witnessed significant growth due to increasing data storage capabilities for organizations because it uses cloud-based sensors, as it is easy to deploy, offers agility, and provide more scalability than on-premises software at a reasonable cost.
The key vendors mentioned are TACTILE MOBILITY, Siemens, Schneider Electric, OSIsoft, Modelway, LMI Technologies, IntelliDynamics, Honeywell, General Electric, Exputec, Elliptic Labs, Cisco, Aspen Technology, and ANDATA.
Components Covered:
• Solutions
• Services
Deployment Modes Covered:
• Cloud
• On-Premises
End Users Covered:
• Process Industry - Manufacturing and Utilities
• Oil and Gas
• Healthcare
• Electrical, Electronics, and Consumer Technology
• Chemical
• Automotive and Transportation
• Aeronautics and Defense
• Other End Users
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period
- 1 Market Synopsis
- 2 Research Outline
- 2.1 Research Snapshot
- 2.2 Research Methodology
- 2.3 Research Sources
- 2.3.1 Primary Research Sources
- 2.3.2 Secondary Research Sources
- 3 Market Dynamics
- 3.1 Drivers
- 3.2 Restraints
- 4 Market Environment
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Virtual Sensors Market, By Component
- 5.1 Introduction
- 5.2 Solutions
- 5.3 Services
- 6 Global Virtual Sensors Market, By Deployment Mode
- 6.1 Introduction
- 6.2 Cloud
- 6.3 On-Premises
- 7 Global Virtual Sensors Market, By End User
- 7.1 Introduction
- 7.2 Process Industry - Manufacturing and Utilities
- 7.3 Oil and Gas
- 7.4 Healthcare
- 7.5 Electrical, Electronics, and Consumer Technology
- 7.6 Chemical
- 7.7 Automotive and Transportation
- 7.8 Aeronautics and Defense
- 7.9 Other End Users
- 8 Global Virtual Sensors Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.3 Europe
- 8.4 Asia Pacific
- 8.5 South America
- 8.6 Middle East & Africa
- 9 Strategic Benchmarking
- 10 Vendors Landscape
- 10.1 TACTILE MOBILITY
- 10.2 Siemens
- 10.3 Schneider Electric
- 10.4 OSIsoft
- 10.5 Modelway
- 10.6 LMI Technologies
- 10.7 IntelliDynamics
- 10.8 Honeywell
- 10.9 General Electric
- 10.10 Exputec
- 10.11 Elliptic Labs
- 10.12 Cisco
- 10.13 Aspen Technology
- 10.14 ANDATA
- List of Data Tables
- Table 1 Global Virtual Sensors Market Outlook, By Region (2016-2026) ($MN)
- Table 2 Global Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
- Table 3 Global Virtual Sensors Market Outlook, By Solutions (2016-2026) ($MN)
- Table 4 Global Virtual Sensors Market Outlook, By Services (2016-2026) ($MN)
- Table 5 Global Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
- Table 6 Global Virtual Sensors Market Outlook, By Cloud (2016-2026) ($MN)
- Table 7 Global Virtual Sensors Market Outlook, By On-Premises (2016-2026) ($MN)
- Table 8 Global Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
- Table 9 Global Virtual Sensors Market Outlook, By Process Industry - Manufacturing and Utilities (2016-2026) ($MN)
- Table 10 Global Virtual Sensors Market Outlook, By Oil and Gas (2016-2026) ($MN)
- Table 11 Global Virtual Sensors Market Outlook, By Healthcare (2016-2026) ($MN)
- Table 12 Global Virtual Sensors Market Outlook, By Electrical, Electronics, and Consumer Technology (2016-2026) ($MN)
- Table 13 Global Virtual Sensors Market Outlook, By Chemical (2016-2026) ($MN)
- Table 14 Global Virtual Sensors Market Outlook, By Automotive and Transportation (2016-2026) ($MN)
- Table 15 Global Virtual Sensors Market Outlook, By Aeronautics and Defense (2016-2026) ($MN)
- Table 16 Global Virtual Sensors Market Outlook, By Other End Users (2016-2026) ($MN)
- Table 17 North America Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
- Table 18 North America Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
- Table 19 North America Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
- Table 20 Europe Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
- Table 21 Europe Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
- Table 22 Europe Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
- Table 23 Asia Pacific Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
- Table 24 Asia Pacific Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
- Table 25 Asia Pacific Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
- Table 26 South America Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
- Table 27 South America Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
- Table 28 South America Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
- Table 29 Middle East & Africa Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
- Table 30 Middle East & Africa Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
- Table 31 Middle East & Africa Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)