- Published: May 2012
- Region: Global
Global Smart Sensor Market 2012-2016
- ID: 2510393
- March 2013
- Region: Global
- 35 Pages
TechNavio's analysts forecast the Global Smart Sensor market to grow at a CAGR of 11.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for smart sensors in the Automotive sector. The Global Smart Sensor market has also been witnessing rapid technological advancement. However, high cost of deployment could pose a challenge to the growth of this market.
TechNavio's report, the Global Smart Sensor market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Smart Sensor market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space include Robert Bosch GmbH, OMRON Corp., Infineon Technologies AG, Honeywell International Inc., and Analog Devices Inc.
Other vendors mentioned in the report are ABB Ltd., Delphi Automotive LLP, Meggitt Sensing Systems, Invensys PLC, Siemens AG, Vishay Intertechnology, and Yokogawa Electric Corp.
Key questions answered in this report:
- What will the market size be in 2016 and at what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
Market Research Process
05. Scope of the Report
06. Market Landscape
06.1Market Size and Forecast
06.2Five Force Analysis
07. Geographical Segmentation
08. Key Leading Countries
09. Vendor Landscape
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
16.1 Honeywell International Inc.
16.2 Robert Bosch GmbH
16.3 OMRON Corp.
16.4 Analog Devices Inc.
16.5 Infineon Technologies AG
17. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Smart Sensor Market Research Methodology
Exhibit 2: Global Smart Sensor Market 2012-2016(US billion)
Exhibit 3: Global Smart Sensor Market by Geographical Segmentation 2012
Exhibit 4: Business Segmentation of Honeywell International Inc.
Exhibit 5: Business Segmentation of Robert Bosch
Exhibit 6: Business Segmentation of OMRON Corp.
Exhibit 7: Business Segmentation of Infineon Technologies AG
TechNavio Announces the Publication of its Research Report - Global Smart Sensor Market 2012-2016
TechNavio today launched its report Global Smart Sensor Market 2012-2016 based on an in-depth analysis covering the Americas, the EMEA region, and the APAC region. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Hardware team said: 'Technological advancements in the market have led to an increase in the number of smart sensor applications in various Sectors. Furthermore, smart sensor vendors are capable of delivering high-quality products for customers. The rapid rate of change and technological advancements in the Global Smart Sensor market has resulted in the development of advanced and highly accurate smart sensors. Thus, end-users can completely rely on smart sensors for various applications.'
According to the report, in automobiles, specifically passenger cars, smart sensors are used in air bag safety systems. Conventional air bags were not so effective in sensing accidents, whereas, smart sensors can quickly sense an impending crash, its nature, the vehicle position, and also determine the type of airbag to be used and the speed of its deployment. This helps in minimizing the injuries sustained by the passengers. Therefore, in many cars, conventional sensors are being replaced by smart sensors. Hence the demand for smart sensors in the Automotive sector posted a significant increase.
Further, the report states that one of the major challenges in the market is the high cost of deployment of smart sensors. The design structure of smart sensors includes both actuators and sensors and hence, it requires high cost for deployment.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Robert Bosch GmbH, OMRON Corp., Infineon Technologies AG, Honeywell International Inc., and Analog Devices Inc.
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 a SWOT analysis of the key vendors.
- ABB Ltd.
- Analog Devices Inc.
- Delphi Automotive LLP
- Honeywell International Inc.
- Infineon Technologies AG
- Invensys PLC
- Meggitt Sensing Systems
- OMRON Corp.
- Robert Bosch GmbH
- Siemens AG
- Vishay Intertechnology
- Yokogawa Electric Corp.