Market Research

Sensors Market

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from $4,850 150 Pages Fortune Business Insights Pvt. Ltd. August, 2024 FOB19136297
Best Price Guarantee
Price from $4,850
Length 150 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date August, 2024
SKU FOB19136297

Sensors Market



Growth Factors of sensors Market

The sensors marketsize was valued at USD 225.91 billion in 2023, and the market is now projected to grow from USD 241.06 billion in 2024 to USD 457.26 billion by 2032, exhibiting a CAGR of 8.3% during the forecast period of 2024-2032.

The COVID-19 pandemic substantially impacted the sensors marketplace. Initially, the disruption in deliver chains and manufacturing induced delays and shortages. However, the decision for for sensors surged due to their vital characteristic in medical devices, in conjunction with ventilators and temperature monitoring structures. The pandemic furthermore progressed the adoption of automation and IoT in numerous sectors, similarly using the need for superior sensors. As industries adapted to the trendy ordinary, the market witnessed boom, in particular in sectors like healthcare, car, and consumer electronics, in which sensors are essential for safety, tracking, and automation.

One of the present day tendencies inside the marketplace is the quick adoption of Artificial Intelligence (AI) across industries. AI is increasingly more being covered into numerous sectors, from healthcare and finance to retail and production, to decorate performance, personalization, and choice-making. The upward push of generative AI, specifically, is transforming content fabric introduction, customer service, and product improvement. Businesses are leveraging AI to analyze extraordinary portions of information, are expecting inclinations, automate obligations, and create progressive solutions. This fashion is the usage of massive investments in AI technology and reshaping the aggressive landscape as groups are seeking out to stay in advance within the virtual age.

A key the use of difficulty within the sensors market is the developing adoption of the Internet of Things (IoT). As IoT expands throughout industries, the call for for sensors has surged, as they're critical for collecting information, monitoring environments, and allowing real-time selection-making. Sensors are essential in smart homes, wearable devices, industrial automation, and related automobiles, in which they decorate overall performance, protection, and luxury. The push in the direction of Industry 4.Zero and smart cities is likewise fueling this increase, as more devices and systems require advanced sensors to feature seamlessly internal interconnected networks.

Comprehensive Analysis of Wearable Medical Devices Market

The sensors Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by product, by application, by grade, by distribution channel. By product include Diagnostic & Monitoring Devices, Therapeutic Devices. By application include Remote Patient Monitoring & Home Healthcare, Sports & Fitness. By grade analysis include consumer grade, clinical grade. By Distribution channel Retail Pharmacies, Online Distribution,Hypermarkets & Others.

The Aisa pacific region lead the sensors Market share by benefitting a market size of USD 100.68 billion due to a major electronics invention hub in this region.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

In January 2024, Texas Instruments launched the A5442WR 77GHz mm-wave radar sensors, improving automobile intelligence and safety. These sensors enhance sensor fusion and decision-making in ADAS, assisting higher tiers of autonomy in satellite tv for pc radar architectures.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.3% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Technology
  • MEMS
  • CMOS
  • Others (ASIC, MST)
By Type
  • Radar Sensors
  • Touch Sensors
  • Temperature and Humidity Sensors
  • Biosensors
  • Level Sensors
  • Pressure and Flow Sensors
  • Optical Sensors
  • Image Sensors
  • Others (Ultrasonic Sensors, Water Sensors)
By End-Users
  • Consumer Electronics
  • Automotive
  • Biomedical and Healthcare
  • Industrial
  • Aerospace and Defense
  • Others (IT and Telecom, Real Estate)
By Region
  • North America (By Technology, Type, End-Users, and Country)
- U.S. (By End-Users)

- Canada (By End-Users)

- Mexico (By End-Users)
  • South America (By Technology, Type, End-Users, and Country)
- Brazil (By End-Users)

- Argentina (By End-Users)

- Rest of South America
  • Europe (By Technology, Type, End-Users, and Country)
- U.K. (By End-Users)

- Germany (By End-Users)

- France (By End-Users)

- Italy (By End-Users)

- Spain (By End-Users)

- Russia (By End-Users)

- Benelux (By End-Users)

- Nordics (By End-Users)

- Rest of Europe
  • Middle East & Africa (By Technology, Type, End-Users, and Country)
- Turkey (By End-Users)

- Israel (By End-Users)

- GCC (By End-Users)

- North Africa (By End-Users)

- South Africa (By End-Users)

- Rest of the Middle East & Africa
  • Asia Pacific (By Technology, Type, End-Users, and Country)
- China (By End-Users)

- Japan (By End-Users)

- India (By End-Users)

- South Korea (By End-Users)

- ASEAN (By End-Users)

- Oceania (By End-Users)

- Rest of Asia Pacific


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of Generative AI
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Sensor Key Players Market Share/Ranking, 2023
5. Global Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Technology (USD)
5.2.1. MEMS
5.2.2. CMOS
5.2.3. Others (ASIC, MST, etc.)
5.3. By Type (USD)
5.3.1. Radar Sensors
5.3.2. Touch Sensors
5.3.3. Temperature and Humidity Sensors
5.3.4. Biosensors
5.3.5. Level Sensors
5.3.6. Pressure and Flow Sensors
5.3.7. Optical Sensors
5.3.8. Image Sensors
5.3.9. Others (Ultrasonic Sensors, Water Sensors, etc.)
5.4. By End-Users (USD)
5.4.1. Consumer Electronics
5.4.2. Automotive
5.4.3. Biomedical and Healthcare
5.4.4. Industrial
5.4.5. Aerospace and Defense
5.4.6. Others (IT and Telecom, Real Estate, etc.)
5.5. By Region (USD)
5.5.1. North America
5.5.2. South America
5.5.3. Europe
5.5.4. Middle East & Africa
5.5.5. Asia Pacific
6. North America Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Technology (USD)
6.2.1. MEMS
6.2.2. CMOS
6.2.3. Others (ASIC, MST, etc.)
6.3. By Type (USD)
6.3.1. Radar Sensors
6.3.2. Touch Sensors
6.3.3. Temperature and Humidity Sensors
6.3.4. Biosensors
6.3.5. Level Sensors
6.3.6. Pressure and Flow Sensors
6.3.7. Optical Sensors
6.3.8. Image Sensors
6.3.9. Others (Ultrasonic Sensors, Water Sensors, etc.)
6.4. By End-Users (USD)
6.4.1. Consumer Electronics
6.4.2. Automotive
6.4.3. Biomedical and Healthcare
6.4.4. Industrial
6.4.5. Aerospace and Defense
6.4.6. Others (IT and Telecom, Real Estate, etc.)
6.5. By Country (USD)
6.5.1. U.S.
6.5.1.1. By End-Users
6.5.2. Canada
6.5.2.1. By End-Users
6.5.3. Mexico
6.5.3.1. By End-Users
7. South America Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Technology (USD)
7.2.1. MEMS
7.2.2. CMOS
7.2.3. Others (ASIC, MST, etc.)
7.3. By Type (USD)
7.3.1. Radar Sensors
7.3.2. Touch Sensors
7.3.3. Temperature and Humidity Sensors
7.3.4. Biosensors
7.3.5. Level Sensors
7.3.6. Pressure and Flow Sensors
7.3.7. Optical Sensors
7.3.8. Image Sensors
7.3.9. Others (Ultrasonic Sensors, Water Sensors, etc.)
7.4. By End-Users (USD)
7.4.1. Consumer Electronics
7.4.2. Automotive
7.4.3. Biomedical and Healthcare
7.4.4. Industrial
7.4.5. Aerospace and Defense
7.4.6. Others (IT and Telecom, Real Estate, etc.)
7.5. By Country (USD)
7.5.1. Brazil
7.5.1.1. By End-Users
7.5.2. Argentina
7.5.2.1. By End-Users
7.5.3. Rest of South America
8. Europe Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Technology (USD)
8.2.1. MEMS
8.2.2. CMOS
8.2.3. Others (ASIC, MST, etc.)
8.3. By Type (USD)
8.3.1. Radar Sensors
8.3.2. Touch Sensors
8.3.3. Temperature and Humidity Sensors
8.3.4. Biosensors
8.3.5. Level Sensors
8.3.6. Pressure and Flow Sensors
8.3.7. Optical Sensors
8.3.8. Image Sensors
8.3.9. Others (Ultrasonic Sensors, Water Sensors, etc.)
8.4. By End-Users (USD)
8.4.1. Consumer Electronics
8.4.2. Automotive
8.4.3. Biomedical and Healthcare
8.4.4. Industrial
8.4.5. Aerospace and Defense
8.4.6. Others (IT and Telecom, Real Estate, etc.)
8.5. By Country (USD)
8.5.1. U.K.
8.5.1.1. By End-Users
8.5.2. Germany
8.5.2.1. By End-Users
8.5.3. France
8.5.3.1. By End-Users
8.5.4. Italy
8.5.4.1. By End-Users
8.5.5. Spain
8.5.5.1. By End-Users
8.5.6. Russia
8.5.6.1. By End-Users
8.5.7. Benelux
8.5.7.1. By End-Users
8.5.8. Nordics
8.5.8.1. By End-Users
8.5.9. Rest of Europe
9. Middle East & Africa Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Technology (USD)
9.2.1. MEMS
9.2.2. CMOS
9.2.3. Others (ASIC, MST, etc.)
9.3. By Type (USD)
9.3.1. Radar Sensors
9.3.2. Touch Sensors
9.3.3. Temperature and Humidity Sensors
9.3.4. Biosensors
9.3.5. Level Sensors
9.3.6. Pressure and Flow Sensors
9.3.7. Optical Sensors
9.3.8. Image Sensors
9.3.9. Others (Ultrasonic Sensors, Water Sensors, etc.)
9.4. By End-Users (USD)
9.4.1. Consumer Electronics
9.4.2. Automotive
9.4.3. Biomedical and Healthcare
9.4.4. Industrial
9.4.5. Aerospace and Defense
9.4.6. Others (IT and Telecom, Real Estate, etc.)
9.5. By Country (USD)
9.5.1. Turkey
9.5.1.1. By End-Users
9.5.2. Israel
9.5.2.1. By End-Users
9.5.3. GCC
9.5.3.1. By End-Users
9.5.4. North Africa
9.5.4.1. By End-Users
9.5.5. South Africa
9.5.5.1. By End-Users
9.5.6. Rest of Middle East & Africa
10. Asia Pacific Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Technology (USD)
10.2.1. MEMS
10.2.2. CMOS
10.2.3. Others (ASIC, MST, etc.)
10.3. By Type (USD)
10.3.1. Radar Sensors
10.3.2. Touch Sensors
10.3.3. Temperature and Humidity Sensors
10.3.4. Biosensors
10.3.5. Level Sensors
10.3.6. Pressure and Flow Sensors
10.3.7. Optical Sensors
10.3.8. Image Sensors
10.3.9. Others (Ultrasonic Sensors, Water Sensors, etc.)
10.4. By End-Users (USD)
10.4.1. Consumer Electronics
10.4.2. Automotive
10.4.3. Biomedical and Healthcare
10.4.4. Industrial
10.4.5. Aerospace and Defense
10.4.6. Others (IT and Telecom, Real Estate, etc.)
10.5. By Country (USD)
10.5.1. China
10.5.1.1. By End-Users
10.5.2. Japan
10.5.2.1. By End-Users
10.5.3. India
10.5.3.1. By End-Users
10.5.4. South Korea
10.5.4.1. By End-Users
10.5.5. ASEAN
10.5.5.1. By End-Users
10.5.6. Oceania
10.5.6.1. By End-Users
10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Siemens AG
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. NXP Semiconductors
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Infineon Technologies AG
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Texas Instruments Incorporated
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Analog Devices, Inc.
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. STMicroelectronics
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Bosch Sensortec GmbH
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Microchip Technology Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Honeywell International Inc.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. OMRON Corporation
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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