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Pulished Date August, 2021
ID: 9981
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Smart Sensors Market Segmentation By Type (Pressure Sensors, Temperature & Humidity Sensors, Flow Sensors, Image Sensors, Touch Sensors, Water Sensors, Motion & Occupancy Sensors, Position Sensors, Light Sensors, Ultrasonic Sensors, and Others), By Technology (MEMS, CMOS, Optical Spectroscopy, and Others), By Industry (Industrial Automation, Biomedical & Healthcare, Consumer Electronics, Building Automation, Automotive, Aerospace & Defense, and Others), By Components (ADC, Microcontroller, Transceivers, Amplifier, DAC, and Others), and By Connectivity (Wired and Wireless) Industry Forecast | 2021 to 2026

Pulished: August, 2021
ID: 9981
Pages: 175

Market Overview

The Global Smart Sensors market is anticipated to grow in a considerable way during the forecast period. It is estimated that the target market is going to grow and get valued around USD 102.10 billion by the end of 2026 from USD 36.62 billion in 2021, registering a CAGR of 18.82% over the forecast period of (2021 - 2026). Smart sensors are the devices that take input from the physical environment and utilize the built-in compute resources for performing predefined functions on detection of specific data and process data before passing it on.

Smart sensors are the devices that use built-in computer resources function predefined upon the detection of valid input to process data. These sensors can also be referred to as intelligent sensors which are the combination of sensors and intrusive circuits. Smart sensors get employed for a plethora of applications, including decision making and others. Moreover, factors such as initiatives by various governments and the implementation of the internet of things (IoT) over smart sensors are pushing the expansion of the Global Smart Sensors Market. And the rising approval for various monitoring devices is anticipated to be one of the major factors behind the growth of the global smart sensor market. Also, the growing safety & aid features that are offered by smart sensors are strengthening the protection, which is another factor that is supplementing the growth of the global smart sensor market.

Recent Developments

• Microchip Technology Inc., a corporation manufactures microcontroller, mixed-signal, analog and Flash-IP integrated circuits, has expanded its High-Power SiC Lineup, which has a portfolio of SiC-based power-switching modules promising to boost system efficiency and power density.

• Infineon Technologies AG, a major player in the global smart sensors market, has announced the acquisition of Cypress Semiconductor Corporation, which is a San Jose-based company.

Drivers and Restraints of Sensors Market

The growth in monitoring and safety features all over the globe, and the high accuracy of measurement through smart sensors are the factors that are driving the growth of the Global Smart Sensors Market. And the growing number of smart sensor companies further strengthens the fuel factors for the growth of the global smart sensor market.

However, the lack of customization and lack of privacy are some of the major factors that are hindering the growth of the target market during the forecast period by weakening the adoption rate of these sensors.

Moreover, increasing demand for consumer electronics and automobiles are supposed to create growth opportunities for the expansion of the global smart market over the outlook period.

Market Segmentation of Smart Sensors Market

Based on the type of sensor, the global smart sensors market is segmented into Pressure Sensors, Temperature & Humidity Sensors, Flow Sensors, Image Sensors, Touch Sensors, Water Sensors, Motion & Occupancy Sensors, Position Sensors, Light Sensors, Ultrasonic Sensors, and Others.

On the technology outlook of these sensors, the global smart sensors market is segmented into MEMS, CMOS, Optical Spectroscopy, and Others.

In the industry outlook, the global smart sensors market is segmented as Industrial Automation, Biomedical & Healthcare, Consumer Electronics, Building Automation, Automotive, Aerospace & Defense, and Others.

And on the components outlook, the global smart sensors market is segmented into ADC, Microcontroller, Transceivers, Amplifier, DAC, and Others.

On the connectivity outlook, the global smart sensors market is segmented as Wired and Wireless.

Sensors Market Region-wise analysis

• North America

• Europe

• Asia Pacific

• South America

• Middle East & Africa

In the regional analysis of the Global Smart Sensors Market, the local market in North-America held a significant share of the overall market of smart sensors and is also expected to continue its dominance over the market. The growth of the target market in this region is attributed to the factors, such as the high usage of smart sensors in aerospace & defense and the growing need for energy-efficient devices. Also, increasing developments in the technologies of these smart sensors are anticipated to propel the growth of the smart sensor market in North America.

And the market in the Asia Pacific is expected to witness substantial growth during the outlook period owing to the usage of smart sensors as well as the CMOS technology, which is envisioned to strengthen the growth of the smart sensor market in the Asia Pacific.

Key Players of Sensors Market

The Global key players of the Global Smart Sensors Market includes Infineon Technologies (Germany), Microchip Technology (US), Analog Devices (US), TE Connectivity (Switzerland), STMicroelectronics (Switzerland), Eaton Corporation (Ireland), Honeywell (US), NXP Semiconductors (Netherlands), Emerson Electric (US), ABB (Switzerland), Siemens (Germany), Robert Bosch (Germany), TDK Corporation (Japan), General Electric (US), Legrand (France), Vishay Precision Group (US), Balluff (Switzerland), Airmar Technology Corporation (US), Memsic (US), and Sensirion (Switzerland).

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Smart Sensors Market, By Component                  

                    6.1.1 ADC    

                    6.1.2 Microcontroller         

                    6.1.3 Transceivers   

                    6.1.4 Amplifier       

                    6.1.5 DAC    

                    6.1.6 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.7 Y-o-Y Growth Rate Analysis         

                    6.1.8 Market Attractiveness Index         

          6.2 Smart Sensors Market, By Type                  

                    6.2.1 Pressure Sensors      

                    6.2.2 Temperature & Humidity Sensors  

                    6.2.3 Flow Sensors 

                    6.2.4 Image Sensors         

                    6.2.5 Touch Sensors         

                    6.2.6 Water Sensors

                    6.2.7 Motion & Occupancy Sensors        

                    6.2.8 Position Sensors      

                    6.2.9 Light Sensors 

                    6.2.10 Ultrasonic Sensors 

                    6.2.11 Market Size Estimations & Forecasts (2019-2024)      

                    6.2.12 Y-o-Y Growth Rate Analysis       

                    6.2.13 Market Attractiveness Index       

          6.3 Smart Sensors Market, By Technology                  

                    6.3.1 MEMS  

                    6.3.2 CMOS  

                    6.3.3 Optical Spectroscopy

                    6.3.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

          6.4 Smart Sensors Market, By Industry             

                    6.4.1 Industrial Automation        

                    6.4.2 Biomedical & Healthcare     

                    6.4.3 Consumer Electronics         

                    6.4.4 Building Automation

                    6.4.5 Automotive    

                    6.4.6 Aerospace & Defense         

                    6.4.7 Market Size Estimations & Forecasts (2019-2024)        

                    6.4.8 Y-o-Y Growth Rate Analysis         

                    6.4.9 Market Attractiveness Index         

          6.5 Smart Sensors Market, By Connectivity                 

                    6.5.1 Wired  

                    6.5.2 Wireless         

                    6.5.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.5.4 Y-o-Y Growth Rate Analysis         

                    6.5.5 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Component         

                    7.2.3 By Type         

                    7.2.4 By Technology          

                    7.2.5 By Industry    

                    7.2.6 By Connectivity        

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Component         

                    7.3.3 By Type         

                    7.3.4 By Technology          

                    7.3.5 By Industry    

                    7.3.6 By Connectivity        

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Component         

                    7.4.3 By Type         

                    7.4.4 By Technology          

                    7.4.5 By Industry    

                    7.4.6 By Connectivity        

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Component         

                    7.5.3 By Type         

                    7.5.4 By Technology          

                    7.5.5 By Industry    

                    7.5.6 By Connectivity        

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Component         

                    7.6.3 By Type         

                    7.6.4 By Technology          

                    7.6.5 By Industry    

                    7.6.6 By Connectivity        

8. Key Player Analysis                           

          8.1 Infineon Technologies           

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Microchip Technology           

          8.3 Analog Devices           

          8.4 TE Connectivity           

          8.5 STMicroelectronics                

          8.6 Eaton Corporation                 

          8.7 Honeywell                   

          8.8 NXP Semiconductors             

          8.9 Emerson Electric                   

          8.10 ABB Ltd          

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Smart Sensors Market By Region, From 2021-2026 ( USD Billion )
  2. Global Smart Sensors Market By Component, From 2021-2026 ( USD Billion )
  3. Global ADC Market By Region, From 2021-2026 ( USD Billion )
  4. Global Microcontroller Market By Region, From 2021-2026 ( USD Billion )
  5. Global Transceivers Market By Region, From 2021-2026 ( USD Billion )
  6. Global Amplifier Market By Region, From 2021-2026 ( USD Billion )
  7. Global DAC Market By Region, From 2021-2026 ( USD Billion )
  8. Global Smart Sensors Market By Type, From 2021-2026 ( USD Billion )
  9. Global Pressure Sensors Market By Region, From 2021-2026 ( USD Billion )
  10. Global Temperature & Humidity Sensors Market By Region, From 2021-2026 ( USD Billion )
  11. Global Flow Sensors Market By Region, From 2021-2026 ( USD Billion )
  12. Global Image Sensors Market By Region, From 2021-2026 ( USD Billion )
  13. Global Touch Sensors Market By Region, From 2021-2026 ( USD Billion )
  14. Global Water Sensors Market By Region, From 2021-2026 ( USD Billion )
  15. Global Motion & Occupancy Sensors Market By Region, From 2021-2026 ( USD Billion )
  16. Global Position Sensors Market By Region, From 2021-2026 ( USD Billion )
  17. Global Light Sensors Market By Region, From 2021-2026 ( USD Billion )
  18. Global Ultrasonic Sensors Market By Region, From 2021-2026 ( USD Billion )
  19. Global Smart Sensors Market By Technology, From 2021-2026 ( USD Billion )
  20. Global MEMS Market By Region, From 2021-2026 ( USD Billion )
  21. Global CMOS Market By Region, From 2021-2026 ( USD Billion )
  22. Global Optical Spectroscopy Market By Region, From 2021-2026 ( USD Billion )
  23. Global Smart Sensors Market By Industry, From 2021-2026 ( USD Billion )
  24. Global Industrial Automation Market By Region, From 2021-2026 ( USD Billion )
  25. Global Biomedical & Healthcare Market By Region, From 2021-2026 ( USD Billion )
  26. Global Consumer Electronics Market By Region, From 2021-2026 ( USD Billion )
  27. Global Building Automation Market By Region, From 2021-2026 ( USD Billion )
  28. Global Automotive Market By Region, From 2021-2026 ( USD Billion )
  29. Global Aerospace & Defense Market By Region, From 2021-2026 ( USD Billion )
  30. Global Smart Sensors Market By Connectivity, From 2021-2026 ( USD Billion )
  31. Global Wired Market By Region, From 2021-2026 ( USD Billion )
  32. Global Wireless Market By Region, From 2021-2026 ( USD Billion )

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