Global Smart Sensors Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023 - Product Image

Global Smart Sensors Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023

  • ID: 4395113
  • Report
  • Region: Global
  • 190 Pages
  • Occams Business Research and Consulting
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The Global Smart Sensor Market is Expected to Rise at a CAGR of 18% During 2016-2023

FEATURED COMPANIES

  • ABB Ltd. (Switzerland)
  • Atmel Corporation (U.S.)
  • Invensense, Inc. (U.S.)
  • Qualcomm Inc. (U.S.)
  • Siemens Ag (Germany)
  • Sony Corporation (Japan)
  • MORE

Smart sensors have built-in computing resources to process the data which is derived from the physical environment. The global smart sensor market is expected to rise at a CAGR of 18% during the forecast period 2016-2023. Rising penetration of smart phones contributes majorly to the growth of the global smart sensors market. Rising demand of smart sensors for consumer electronics also fuels growth in the global smart sensor market during the forecast period. However, high cost of development and complex structure of smart sensors than traditional sensors are the factors restraining the growth of global smart sensors market during the forecast period.

Geographically, North America accounted for the largest market share in terms of revenue for the smart sensors market in 2016 followed by Europe. North America is expected to dominate the smart sensors market during the forecast period due to rising demand for smart homes and Internet of Things in United States. Asia Pacific is expected to be the fastest growing region during the forecast period due to increasing demand for smart sensors from end user industries.

The growth in global smart sensors market is also influenced by the presence of major players such as Qualcomm Inc. (U.S.), Analog Devices, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands), Atmel Corporation (U.S.), Infineon Technologies (U.S.) etc. Product launches, mergers & acquisitions etc. are some of the strategies which are adopted by the major market players to gain competitive advantage.

Global smart sensors market report covers segmentation analysis of type, technology, component, network connectivity and end users. Report further covers segments of type which includes flow sensors, image sensors, light sensors, motion & occupancy sensors, position sensors, pressure sensors, temperature & humidity sensors, touch sensors, ultrasonic sensors, water sensors and other sensors. Pressure sensors are expected to dominate the market during the forecast period due to its diverse disciplines its application in thermodynamics, fluid mechanics, and aerodynamics for measuring and monitoring pressure. Technology in smart sensors includes CMOS-based smart sensors, MEMS-based smart sensors and other technologies. Moreover, components of smart sensors include amplifiers, Analog to Digital Converters (ADCs), Digital to Analog Converters (DACs), microcontrollers, transceivers and other components.

Furthermore, end users adopting smart sensors include aerospace & defense, automotive, biomedical & healthcare, building automation, consumer electronics, industrial automation and other end users. Consumer electronics is expected to dominate the market during the forecast period due to technological developments such as reduction in the size of sensors as well as adoption of MEMS technology. Also, network connectivity in smart sensors includes wired and wireless (Bluetooth, Enocean, Wi-Fi, Zigbee, Z-wave, and others).



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FEATURED COMPANIES

  • ABB Ltd. (Switzerland)
  • Atmel Corporation (U.S.)
  • Invensense, Inc. (U.S.)
  • Qualcomm Inc. (U.S.)
  • Siemens Ag (Germany)
  • Sony Corporation (Japan)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology
 
2. Market Overview
2.1. Global Smart Sensors Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360-Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis And Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities in Emerging Applications
2.9.3. Investment Opportunity in Fastest Growing Segment
 
3. Market Determinants
3.1. Market Drivers
3.1.1. Miniaturization of Electronic Components And Systems
3.1.2. Surge in the Automotive Sector
3.1.3. Robust Demand for Consumer Electronics Products
3.1.4. Wireless Technology Boosting the Smart Sensor Market
3.1.5. Penetration of Smartphones And Computer Devices
3.2. Market Restraints
3.2.1. More Complex Structure Than Traditional Sensors
3.2.2. High Cost of Development for Smart Sensors
3.3. Market Opportunities
3.3.1. Rising Demand for Wearable Technology
3.3.2. Rising Demand from Healthcare Sector
3.4. Market Challenges
3.4.1. Physical And Economic Limits to Sensor Element Integration
3.4.2. Stringent Performance Requirements for Advanced Sensor Applications
 
4. Market Segmentation
4.1. Global Smart Sensors Market By Type
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4. Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Flow Sensors Market
4.1.5.1.1. Adoption Scenario & Market Determinants
4.1.5.1.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.1.3. Key Players & Key Products
4.1.5.1.4. Key Conclusions
4.1.5.2. Global Image Sensors Market
4.1.5.2.1. Adoption Scenario & Market Determinants
4.1.5.2.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.2.3. Key Players & Key Products
4.1.5.2.4. Key Conclusions
4.1.5.3. Global Light Sensors Market
4.1.5.3.1. Adoption Scenario & Market Determinants
4.1.5.3.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.3.3. Key Players & Key Products
4.1.5.3.4. Key Conclusions
4.1.5.4. Global Motion & Occupancy Sensors Market
4.1.5.4.1. Adoption Scenario & Market Determinants
4.1.5.4.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.4.3. Key Players & Key Products
4.1.5.4.4. Key Conclusions
4.1.5.5. Global Position Sensors Market
4.1.5.5.1. Adoption Scenario & Market Determinants
4.1.5.5.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.5.3. Key Players & Key Products
4.1.5.5.4. Key Conclusions
4.1.5.6. Global Pressure Sensors Market
4.1.5.6.1. Adoption Scenario & Market Determinants
4.1.5.6.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.6.3. Key Players & Key Products
4.1.5.6.4. Key Conclusions
4.1.5.7. Global Temperature & Humidity Sensors Market
4.1.5.7.1. Adoption Scenario & Market Determinants
4.1.5.7.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.7.3. Key Players & Key Products
4.1.5.7.4. Key Conclusions
4.1.5.8. Global Touch Sensors Market
4.1.5.8.1. Adoption Scenario & Market Determinants
4.1.5.8.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.8.3. Key Players & Key Products
4.1.5.8.4. Key Conclusions
4.1.5.9. Global Ultrasonic Sensors Market
4.1.5.9.1. Adoption Scenario & Market Determinants
4.1.5.9.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.9.3. Key Players & Key Products
4.1.5.9.4. Key Conclusions
4.1.5.10. Global Water Sensors Market
4.1.5.10.1. Adoption Scenario & Market Determinants
4.1.5.10.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.10.3. Key Players & Key Products
4.1.5.10.4. Key Conclusions
4.1.5.11. Global Other Sensors Market
4.1.5.11.1. Adoption Scenario & Market Determinants
4.1.5.11.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.11.3. Key Players & Key Products
4.1.5.11.4. Key Conclusions
4.2. Global Smart Sensors Market By Technology
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4. Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Cmos-Based Smart Sensors Market
4.2.5.1.1. Adoption Scenario & Market Determinants
4.2.5.1.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.1.3. Key Players & Key Products
4.2.5.1.4. Key Conclusions
4.2.5.2. Global Mems-Based Smart Sensors Market
4.2.5.2.1. Adoption Scenario & Market Determinants
4.2.5.2.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.2.3. Key Players & Key Products
4.2.5.2.4. Key Conclusions
4.2.5.3. Global Other Technologies Market
4.2.5.3.1. Adoption Scenario & Market Determinants
4.2.5.3.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.3.3. Key Players & Key Products
4.2.5.3.4. Key Conclusions
4.3. Global Smart Sensors Market By Component
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4. Opportunity Matrix
4.3.5. Market Segmentation
4.3.5.1. Global Amplifiers Market
4.3.5.1.1. Application
4.3.5.1.2. Adoption Scenario & Market Determinants
4.3.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.1.4. Key Players & Key Products
4.3.5.1.5. Key Conclusions
4.3.5.2. Global Analog to Digital Converters (Adcs) Market
4.3.5.2.1. Application
4.3.5.2.2. Adoption Scenario & Market Determinants
4.3.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.2.4. Key Players & Key Products
4.3.5.2.5. Key Conclusions
4.3.5.3. Global Digital to Analog Converters (Dacs) Market
4.3.5.3.1. Application
4.3.5.3.2. Adoption Scenario & Market Determinants
4.3.5.3.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.3.4. Key Players & Key Products
4.3.5.3.5. Key Conclusions
4.3.5.4. Global Microcontrollers Market
4.3.5.4.1. Application
4.3.5.4.2. Adoption Scenario & Market Determinants
4.3.5.4.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.4.4. Key Players & Key Products
4.3.5.4.5. Key Conclusions
4.3.5.5. Global Transceivers Market
4.3.5.5.1. Application
4.3.5.5.2. Adoption Scenario & Market Determinants
4.3.5.5.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.5.4. Key Players & Key Products
4.3.5.5.5. Key Conclusions
4.3.5.6. Global Other Components Market
4.3.5.6.1. Application
4.3.5.6.2. Adoption Scenario & Market Determinants
4.3.5.6.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.6.4. Key Players & Key Products
4.3.5.6.5. Key Conclusions
4.4. Global Smart Sensors Market By Network Connectivity
4.4.1. Market Definition And Scope
4.4.2. Decision Support Database & Estimation Methodology
4.4.3. Comparative Analysis Across Market Segments
4.4.4. Opportunity Matrix
4.4.5. Market Segmentation
4.4.5.1. Global Wired Market
4.4.5.1.1. Application
4.4.5.1.2. Adoption Scenario & Market Determinants
4.4.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.4.5.1.4. Key Players & Key Products
4.4.5.1.5. Key Conclusions
4.4.5.2. Global Wireless (Bluetooth, Enocean, Wi-Fi, Zigbee, Z-Wave, And Others) Market
4.4.5.2.1. Application
4.4.5.2.2. Adoption Scenario & Market Determinants
4.4.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.4.5.2.4. Key Players & Key Products
4.4.5.2.5. Key Conclusions
4.5. Global Smart Sensors Market By End Users
4.5.1. Market Definition And Scope
4.5.2. Decision Support Database & Estimation Methodology
4.5.3. Comparative Analysis Across Market Segments
4.5.4. Opportunity Matrix
4.5.5. Market Segmentation
4.5.5.1. Global Aerospace & Defense Market
4.5.5.1.1. Application
4.5.5.1.2. Adoption Scenario & Market Determinants
4.5.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.1.4. Key Players & Key Products
4.5.5.1.5. Key Conclusions
4.5.5.2. Global Automotive Market
4.5.5.2.1. Application
4.5.5.2.2. Adoption Scenario & Market Determinants
4.5.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.2.4. Key Players & Key Products
4.5.5.2.5. Key Conclusions
4.5.5.3. Global Biomedical & Healthcare Market
4.5.5.3.1. Application
4.5.5.3.2. Adoption Scenario & Market Determinants
4.5.5.3.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.3.4. Key Players & Key Products
4.5.5.3.5. Key Conclusions
4.5.5.4. Global Building Automation Market
4.5.5.4.1. Application
4.5.5.4.2. Adoption Scenario & Market Determinants
4.5.5.4.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.4.4. Key Players & Key Products
4.5.5.4.5. Key Conclusions
4.5.5.5. Global Consumer Electronics Market
4.5.5.5.1. Application
4.5.5.5.2. Adoption Scenario & Market Determinants
4.5.5.5.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.5.4. Key Players & Key Products
4.5.5.5.5. Key Conclusions
4.5.5.6. Global Industrial Automation Market
4.5.5.6.1. Application
4.5.5.6.2. Adoption Scenario & Market Determinants
4.5.5.6.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.6.4. Key Players & Key Products
4.5.5.6.5. Key Conclusions
4.5.5.7. Global Other End Users Market
4.5.5.7.1. Application
4.5.5.7.2. Adoption Scenario & Market Determinants
4.5.5.7.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.5.5.7.4. Key Players & Key Products
4.5.5.7.5. Key Conclusions
 
5. Competitive Landscape
5.1. Key Strategies
5.1.1. List of Mergers And Acquisition
5.1.2. List of Joint Ventures
5.1.3. List of Product Launches
5.1.4. List of Partnerships
 
6. Geographical Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4. Global Smart Sensors Market By Region 2014-2023 ($ Million)
6.4.1. North America
6.4.1.1. Industry Analysis 2014-2023 ($ Million)
6.4.1.2. Top Country Analysis
6.4.1.2.1. U.S.
6.4.1.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.1.2.1.2. Key Players & Key Products
6.4.1.2.1.3. Key Conclusions
6.4.1.2.2. Canada
6.4.1.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.1.2.2.2. Key Players & Key Products
6.4.1.2.2.3. Key Conclusions
6.4.2. Europe
6.4.2.1. Industry Analysis 2014-2023 ($ Million)
6.4.2.2. Top Country Analysis
6.4.2.2.1. Uk
6.4.2.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.1.2. Key Players & Key Products
6.4.2.2.1.3. Key Conclusions
6.4.2.2.2. France
6.4.2.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.2.2. Key Players & Key Products
6.4.2.2.2.3. Key Conclusions
6.4.2.2.3. Germany
6.4.2.2.3.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.3.2. Key Players & Key Products
6.4.2.2.3.3. Key Conclusions
6.4.2.2.4. Spain
6.4.2.2.4.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.4.2. Key Players & Key Products
6.4.2.2.4.3. Key Conclusions
6.4.2.2.5. Rest of Europe
6.4.2.2.5.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.5.2. Key Players & Key Products
6.4.2.2.5.3. Key Conclusions
6.4.3. Asia Pacific
6.4.3.1. Industry Analysis 2014-2023 ($ Million)
6.4.3.2. Top Country Analysis
6.4.3.2.1. China
6.4.3.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.1.2. Key Players & Key Products
6.4.3.2.1.3. Key Conclusions
6.4.3.2.2. India
6.4.3.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.2.2. Key Players & Key Products
6.4.3.2.2.3. Key Conclusions
6.4.3.2.3. Japan
6.4.3.2.3.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.3.2. Key Players & Key Products
6.4.3.2.3.3. Key Conclusions
6.4.3.2.4. Australia
6.4.3.2.4.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.4.2. Key Players & Key Products
6.4.3.2.4.3. Key Conclusions
6.4.3.2.5. Rest of Asia Pacific
6.4.3.2.5.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.5.2. Key Players & Key Products
6.4.3.2.5.3. Key Conclusions
6.4.4. Row
6.4.4.1. Industry Analysis 2014-2023 ($ Million)
6.4.4.2. Top Country Analysis
6.4.4.2.1. Latin America
6.4.4.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.4.2.1.2. Key Players & Key Products
6.4.4.2.1.3. Key Conclusions
6.4.4.2.2. Middle East & Africa
6.4.4.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.4.2.2.2. Key Players & Key Products
6.4.4.2.2.3. Key Conclusions
 
7. Company Profiles
7.1. Analog Devices, Inc. (U.S.)
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Strategic Initiatives
7.1.4. Scot Analysis
7.1.5. Strategic Analysis
7.2. Micron Technology, Inc. (U.S.)
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Strategic Initiatives
7.2.4. Scot Analysis
7.2.5. Strategic Analysis
7.3. Qualcomm Inc. (U.S.)
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Strategic Initiatives
7.3.4. Scot Analysis
7.3.5. Strategic Analysis
7.4. Atmel Corporation (U.S.)
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Strategic Initiatives
7.4.4. Scot Analysis
7.4.5. Strategic Analysis
7.5. Nxp Semiconductors N.V. (Netherlands)
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Strategic Initiatives
7.5.4. Scot Analysis
7.5.5. Strategic Analysis
7.6. Infineon Technologies (U.S.)
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Strategic Initiatives
7.6.4. Scot Analysis
7.6.5. Strategic Analysis
7.7. Abb Ltd. (Switzerland)
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Strategic Initiatives
7.7.4. Scot Analysis
7.7.5. Strategic Analysis
7.8. Texas Instruments Inc. (U.S.)
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Strategic Initiatives
7.8.4. Scot Analysis
7.8.5. Strategic Analysis
7.9. Invensense, Inc. (U.S.)
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Strategic Initiatives
7.9.4. Scot Analysis
7.9.5. Strategic Analysis
7.10. St Microelectronics N.V. (Switzerland)
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Strategic Initiatives
7.10.4. Scot Analysis
7.10.5. Strategic Analysis
7.11. Robert Bosch Gmbh (Germany)
7.11.1. Overview
7.11.2. Product Portfolio
7.11.3. Strategic Initiatives
7.11.4. Scot Analysis
7.11.5. Strategic Analysis
7.12. Samsung C&T Corporation (South Korea)
7.12.1. Overview
7.12.2. Product Portfolio
7.12.3. Strategic Initiatives
7.12.4. Scot Analysis
7.12.5. Strategic Analysis
7.13. Sony Corporation (Japan)
7.13.1. Overview
7.13.2. Product Portfolio
7.13.3. Strategic Initiatives
7.13.4. Scot Analysis
7.13.5. Strategic Analysis
7.14. Yokogawa Electric Corp. (Japan)
7.14.1. Overview
7.14.2. Product Portfolio
7.14.3. Strategic Initiatives
7.14.4. Scot Analysis
7.14.5. Strategic Analysis
7.15. Siemens Ag (Germany)
7.15.1. Overview
7.15.2. Product Portfolio
7.15.3. Strategic Initiatives
7.15.4. Scot Analysis
7.15.5. Strategic Analysis
 
List of Tables
1. Global Smart Sensors Market By Type 2014-2023 ($ Million)
2. Global Flow Sensors Market By Geography 2014-2023 ($ Million)
3. Global Image Sensors Market By Geography 2014-2023 ($ Million)
4. Global Light Sensors Market By Geography 2014-2023 ($ Million)
5. Global Motion & Occupancy Sensors Market By Geography 2014-2023 ($ Million)
6. Global Position Sensors Market By Geography 2014-2023 ($ Million)
7. Global Pressure Sensors Market By Geography 2014-2023 ($ Million)
8. Global Temperature & Humidity Sensors Market By Geography 2014-2023 ($ Million)
9. Global Touch Sensors Market By Geography 2014-2023 ($ Million)
10. Global Ultrasonic Sensors Market By Geography 2014-2023 ($ Million)
11. Global Water Sensors Market By Geography 2014-2023 ($ Million)
12. Global Other Sensors Market By Geography 2014-2023 ($ Million)
13. Global Smart Sensors Market By Technology 2014-2023 ($ Million)
14. Global Cmos-Based Smart Sensors Market By Geography 2014-2023 ($ Million)
15. Global Mems-Based Smart Sensors Market By Geography 2014-2023 ($ Million)
16. Global Other Technologies Market By Geography 2014-2023 ($ Million)
17. Global Smart Sensors Market By Component 2014-2023 ($ Million)
18. Global Amplifiers Market By Geography 2014-2023 ($ Million)
19. Global Analog to Digital Converters (Adcs) Market By Geography 2014-2023 ($ Million)
20. Global Digital to Analog Converters (Dacs) Market By Geography 2014-2023 ($ Million)
21. Global Microcontrollers Market By Geography 2014-2023 ($ Million)
22. Global Transceivers Market By Geography 2014-2023 ($ Million)
23. Global Other Components Market By Geography 2014-2023 ($ Million)
24. Global Smart Sensors Market By Network Connectivity 2014-2023 ($ Million)
25. Global Wired Market By Geography 2014-2023 ($ Million)
26. Global Wireless (Bluetooth, Enocean, Wi-Fi, Zigbee, Z-Wave, And Others)Market By Geography 2014-2023 ($ Million)
27. Global Smart Sensors Market By End Users 2014-2023 ($ Million)
28. Global Aerospace & Defense Market By Geography 2014-2023 ($ Million)
29. Global Automotive Market By Geography 2014-2023 ($ Million)
30. Global Biomedical & Healthcare Market By Geography 2014-2023 ($ Million)
31. Global Building Automation Market By Geography 2014-2023 ($ Million)
32. Global Consumer Electronics Market By Geography 2014-2023 ($ Million)
33. Global Industrial Automation Market By Geography 2014-2023 ($ Million)
34. Global Other End Users Market By Geography 2014-2023 ($ Million)
35. North America Smart Sensors Market 2014-2023 ($ Million)
36. Europe Smart Sensors Market 2014-2023 ($ Million)
37. Asia Pacific Smart Sensors Market 2014-2023 ($ Million)
38. Rest of the World Smart Sensors Market 2014-2023 ($ Million)
 
List of Figures
1. Global Smart Sensors Market 2014-2023 ($ Million)
2. Global Flow Sensors Market 2014-2023 ($ Million)
3. Global Image Sensors Market 2014-2023 ($ Million)
4. Global Light Sensors Market 2014-2023 ($ Million)
5. Global Motion & Occupancy Sensors Market 2014-2023 ($ Million)
6. Global Position Sensors Market 2014-2023 ($ Million)
7. Global Pressure Sensors Market 2014-2023 ($ Million)
8. Global Temperature & Humidity Sensors Market 2014-2023 ($ Million)
9. Global Touch Sensors Market 2014-2023 ($ Million)
10. Global Ultrasonic Sensors Market 2014-2023 ($ Million)
11. Global Water Sensors Market 2014-2023 ($ Million)
12. Global Other Sensors Market 2014-2023 ($ Million)
13. Global Cmos-Based Smart Sensors Market 2014-2023 ($ Million)
14. Global Mems-Based Smart Sensors Market 2014-2023 ($ Million)
15. Global Other Technologies Market 2014-2023 ($ Million)
16. Global Amplifiers Market 2014-2023 ($ Million)
17. Global Analog to Digital Converters (Adcs) Market 2014-2023 ($ Million)
18. Global Digital to Analog Converters (Dacs) Market 2014-2023 ($ Million)
19. Global Microcontrollers Market 2014-2023 ($ Million)
20. Global Transceivers Market 2014-2023 ($ Million)
21. Global Other Components Market 2014-2023 ($ Million)
22. Global Wired Market 2014-2023 ($ Million)
23. Global Wireless (Bluetooth, Enocean, Wi-Fi, Zigbee, Z-Wave, And Others) Market 2014-2023 ($ Million)
24. Global Aerospace & Defense Market 2014-2023 ($ Million)
25. Global Automotive Market 2014-2023 ($ Million)
26. Global Biomedical & Healthcare Market 2014-2023 ($ Million)
27. Global Building Automation Market 2014-2023 ($ Million)
28. Global Consumer Electronics Market 2014-2023 ($ Million)
29. Global Industrial Automation Market 2014-2023 ($ Million)
30. Global Other End Users Market 2014-2023 ($ Million)
31. United States (U.S.) Smart Sensors Market 2014-2023 ($ Million)
32. Canada Smart Sensors Market 2014-2023 ($ Million)
33. United Kingdom (Uk) Smart Sensors Market 2014-2023 ($ Million)
34. France Smart Sensors Market 2014-2023 ($ Million)
35. Germany Smart Sensors Market 2014-2023 ($ Million)
36. Spain Smart Sensors Market 2014-2023 ($ Million)
37. Roe Smart Sensors Market 2014-2023 ($ Million)
38. India Smart Sensors Market 2014-2023 ($ Million)
39. China Smart Sensors Market 2014-2023 ($ Million)
40. Japan Smart Sensors Market 2014-2023 ($ Million)
41. Australia Smart Sensors Market 2014-2023 ($ Million)
42. Roapac Smart Sensors Market 2014-2023 ($ Million)
43. Latin America Smart Sensors Market 2014-2023 ($ Million)
44. Mena Smart Sensors Market 2014-2023 ($ Million)

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FEATURED COMPANIES

  • ABB Ltd. (Switzerland)
  • Atmel Corporation (U.S.)
  • Invensense, Inc. (U.S.)
  • Qualcomm Inc. (U.S.)
  • Siemens Ag (Germany)
  • Sony Corporation (Japan)
  • MORE

Smart sensors to witness large market growth through 2023 globally

Smart sensors are equipped with additional digital signal processor (DSP) or complex logic units to provide standardized communication interface with higher level systems. Decentralization, high reliability, miniaturization, improved flexibility and cost reduction over traditional sensors makes it an integral part in sectors such as healthcare, automotive etc. The global smart sensor market is expected to rise at a CAGR of 18% during the forecast period 2016-2023. Smart sensors are an integral and crucial element in the Internet of Things (IoT). This acts as an emerging trend for the global smart sensors market during the forecast period. Proliferation of Internet of Things globally contributes to the growth of the global smart sensors market during the forecast period. As estimated by Unites States based Institute of Electrical and Electronics Engineers (IEEE), around 50 billion devices will be connected to Internet of Things globally, by 2023. Also, overall Internet of Things market is expected to be worth more than $ 1 billion annually from 2017, as per IEEE. This contributes to the growth of the global smart sensors market during the forecast period.

Surge in the automotive sector: Growth promoter

According to IEEE, smart sensors are widely used in the automotive sector. It gathers information and relays it to a monitoring device which makes it an integral component for automotive. Sensors such as smart pressure sensors, accelerometers etc. are majorly used in the dynamic vehicle control systems. Rise in automotive sector contributes to the growth of the global smart sensors market during the forecast period. According to Philippines based Chamber of Automotive Manufacturers of Philippines (CAMPI), in 2016, automotive vehicles sale increased by 27.6% as compared to in 2015 in Philippines. Passenger cars sale witnessed 20% increase in 2016 (7,200 units in January 2015 to 8,632 units in 2016). Also, sale of commercial vehicles increased by 32% in 2016 (11,462 units in 2015 to 15,176 units in 2016) in Philippines. Furthermore, according to United States based Sierra Club, electric vehicle sales in United States increased from 2015 to 2016 jumping by 37%. According to Nashville Public Radio (NPR), Unites States sold 1.3 million cars in China in 2016. Also, according to Indian based India Brand Equity Foundation (IBEF), Indian automotive industry accounts for nearly 7.1% of the Gross Domestic Product (GDP) of the country. As per IBEF, India is a prominent exporter of automobile across the globe. In 2016, overall automobile exports in India has increased by 1.91% over 2015, as per IBEF. According to China Country Commercial Guide (export gov), China is the world’s largest vehicle market. It accounted for sales of more than 28 million units in 2016. This accounted for growth of nearly 9% in 2016 from 2015. Central Government of China expects China’s automobile output to be around 30 million units by the end of 2020. By the end of 2025, total automobile output of China is expected to reach up to 35 million units, as per China Country Commercial Guide. Rise in automotive sector demands highly efficient and reliable sensors. This contributes to the growth of the global smart sensor market during the forecast period.

Rising demand for wearable technology

Smart sensor network is a crucial part in electronic wearable. Smart sensors are primarily used in electronic wearable in medical and biochemical sector for monitoring systems. These are also used in communication and data analysis as well as for smart dressings. Demand for wearable electronics is contributing to the growth of the global smart sensors market during the forecast period. With the advancements in cloud computing, Internet of Things, data analytics and augmented reality, wearable sensors can be easily upgraded. According to a report by IHS, the global market for wearable technology will rise to about $ 30 billion market revenue by the end of 2018. Furthermore, total wearable shipments would rise to about 210 million units by the end of 2018. Also, demand for wearable technology in the healthcare industry contributes to the growth of the global smart sensor market during the forecast period. They are majorly used for medical diagnostics, biomedical applications, health monitoring etc. Moreover, demand for smart sensors in consumer electronics fuels growth in the global smart sensors market. However, high cost of development and complex structure of smart sensors as compared to traditional sensors are the factors restraining the growth of the global smart sensors market during the forecast period.

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  • ABB Ltd. (Switzerland)
  • Analog Devices, Inc. (U.S.)
  • Atmel Corporation (U.S.)
  • Infineon Technologies (U.S.)
  • Invensense, Inc. (U.S.)
  • Micron Technology, Inc. (U.S.)
  • NXP Semiconductors N.V. (Netherlands)
  • Qualcomm Inc. (U.S.)
  • Robert Bosch Gmbh (Germany)
  • Samsung C&T Corporation (South Korea)
  • Siemens Ag (Germany)
  • Sony Corporation (Japan)
  • St Microelectronics N.V. (Switzerland)
  • Texas Instruments Inc. (U.S.)
  • Yokogawa Electric Corp. (Japan)
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