Smart Sensor Market
Smart sensors are also called as intelligent sensors, it is a combination of sensor and interfering circuit. Smart sensors are basically used for digital processing i.e. for analog to digital conversion and it can be used across various industries such as consumer electronics, automotive, industrial, medical, security & defence and entertainment because of increasing use of sensing element and process controls in this sectors. Smart sensors are also used for various activities like decision making, it helps in two-way communication and logic function.
Smart sensors offers various advantages such as high performance, high reliability, smaller in size, low power consumption, wireless, easy to design & maintain, and required minimal interconnecting cables. Disadvantages of smart sensor can be it is more complex as compare to traditional sensors as it consist of both sensor and interfering circuit which ultimately increases the cost of sensor and external processor is required for managing sensor calibration. Though disadvantages are there, advantages outweigh it.
Smart Sensor Market: Drivers and Restraints
Smart sensor market is expected to grow in coming years due to increase in demands of consumer electronics and automobiles. Use of smart sensors are also increasing in smartphones and computer devices with touch screen display. Drivers responsible for the growth of smart sensor markets are technological advancement, increasing use of smart sensors in various industries like logistic, defence and healthcare, increasing demand of wireless smart sensor and energy saving functions of smart sensors. Increased terrorism activity and security issues further highlighting the importance of smart sensor in counter terrorism applications. On the other hand lack of privacy, complex structure, high replacement as well as deployment cost and lack of customization act as a restraining factor for smart sensor market. Market growth opportunity for smart sensor technology is that, it will be used more effectively in biomedical and health care sector and also use of smart sensor in wearable devices expand the scope of application.
Smart Sensor Market: Segmentation
Market segmentation for smart sensor is done on the basis of region, application and type. By region, global smart sensor market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific (excluding Japan), Japan as a separate region and Middle East and Africa. Western Europe region represented the largest market worldwide whereas Asia-Pacific is ranked as fasted growing market because of rapid industrialization pace, strong economic development and strengthening manufacturing activity especially in India and china.
By application, global smart sensor market can be segmented into consumer electronics, automobiles, industrial, infrastructure, medical, food and beverages and avionics. In industrial applications smart sensors are used for proper collection and processing of information, also smart sensors have emerging application for environmental pollution control in industrial sector, in Automobile applications smart sensors are used widely for air bag systems, in aerospace application, smart sensors are used for traffic alert and collision avoidance system. By types, global smart sensor market can be segmented into touch sensors, flow sensors, smart temperature sensor, turbidity sensor and smart position sensor.
Smart Sensor Market: Key Players
Key players into global smart sensor market are ABB LTD., Customer Sensor & Technologies Inc., Analog Devices Inc., Eaton Corporation Plc., Honeywell International, Inc., NXP Semiconductors, Infineon Technologies AG and Emerson Process Management. Key players are spending heavily on their research and development activity in order to launch new products for better market coverage. For example ABB LTD. launched new generation fibre optic current sensors for high voltage application. Analog Devices Inc. introduces fully integrated industrial smart sensor ADuCM360 which helped in delivery highest accuracy analog conversions to industrial sector.
Global smart sensor market is showing lucrative growth for coming years with increasing application of smart sensors into various industries, technological advancement in end-user segment, and acceptance of advanced technology like Micro- Electromechanical System and Optical spectroscopy, which creates great opportunity for market players for growth.
The report covers exhaustive analysis on:
- Smart Sensor Market Segments
- Smart Sensor Market Dynamics
- Historical Actual Market Size, 2012 - 2014
- Smart Sensor Market Size & Forecast 2015 to 2025
- Supply & Demand Value Chain
- Smart Sensor Market Current Trends/Issues/Challenges
- Technology
- Value Chain
- Smart Sensor Market Drivers and Restraints
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- 1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand-side Trends
- 1.3. Supply-side Trends
- 1.4. Technology Roadmap Analysis
- 1.5. Analysis and Recommendations
- 2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 3. Market Background
- 3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
- 3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
- 3.3. Opportunity Map Analysis
- 3.4. Investment Feasibility Matrix
- 3.5. Value Chain Analysis
- 3.5.1. Profit Margin Analysis
- 3.5.2. Service Providers
- 3.6. PESTLE and Porter’s Analysis
- 3.7. Regulatory Landscape
- 3.7.1. By Key Regions
- 3.7.2. By Key Countries
- 3.8. Regional Parent Market Outlook
- 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
- 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
- 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis
- 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Type
- 5.1. Introduction / Key Findings
- 5.2. Historical Market Size Value (US$ Mn) Analysis By Type, 2017-2021
- 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Type, 2022-2032
- 5.3.1. Temperature
- 5.3.2. Force/Pressure Sensor
- 5.3.3. Acceleration
- 5.3.4. Flow
- 5.3.5. Position
- 5.3.6. Light Intensity
- 5.3.7. Touch Sensor
- 5.3.8. Others (Dissolved Oxygen Sensor)
- 5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021
- 5.5. Absolute $ Opportunity Analysis By Type, 2022-2032
- Deep-dive segmentation will be available in the sample on request
- 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Component
- 6.1. Introduction / Key Findings
- 6.2. Historical Market Size Value (US$ Mn) Analysis By Component, 2017-2021
- 6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Component, 2022-2032
- 6.3.1. Microprocessor
- 6.3.2. Sensing Unit
- 6.3.3. Memory
- 6.3.4. Communication Module (RFID, Transceiver)
- 6.3.5. Battery
- 6.3.6. Others (Analog to Digital Converter, Amplifiers etc.)
- 6.4. Y-o-Y Growth Trend Analysis By Component, 2017-2021
- 6.5. Absolute $ Opportunity Analysis By Component, 2022-2032
- Deep-dive segmentation will be available in the sample on request
- 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Vertical
- 7.1. Introduction / Key Findings
- 7.2. Historical Market Size Value (US$ Mn) Analysis By Vertical, 2017-2021
- 7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Vertical, 2022-2032
- 7.3.1. Transportation
- 7.3.2. Consumer Electronics
- 7.3.3. Healthcare
- 7.3.4. Industrial Application
- 7.3.5. Avionics & Defence
- 7.3.6. Oil & Gas
- 7.3.7. Energy & Utility
- 7.3.8. Environment & Geotechnics
- 7.4. Y-o-Y Growth Trend Analysis By Vertical, 2017-2021
- 7.5. Absolute $ Opportunity Analysis By Vertical, 2022-2032
- Deep-dive segmentation will be available in the sample on request
- 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
- 8.1. Introduction
- 8.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
- 8.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Europe
- 8.3.4. East Asia
- 8.3.5. South Asia & Pacific
- 8.3.6. MEA
- 8.4. Market Attractiveness Analysis By Region
- 9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 9.2.1. By Country
- 9.2.1.1. U.S.
- 9.2.1.2. Canada
- 9.2.2. By Type
- 9.2.3. By Component
- 9.2.4. By Vertical
- 9.3. Market Attractiveness Analysis
- 9.3.1. By Country
- 9.3.2. By Type
- 9.3.3. By Component
- 9.3.4. By Vertical
- 9.4. Key Takeaways
- 10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 10.2.1. By Country
- 10.2.1.1. Mexico
- 10.2.1.2. Brazil
- 10.2.1.3. Rest of Latin America
- 10.2.2. By Type
- 10.2.3. By Component
- 10.2.4. By Vertical
- 10.3. Market Attractiveness Analysis
- 10.3.1. By Country
- 10.3.2. By Type
- 10.3.3. By Component
- 10.3.4. By Vertical
- 10.4. Key Takeaways
- 11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 11.2.1. By Country
- 11.2.1.1. Germany
- 11.2.1.2. Italy
- 11.2.1.3. France
- 11.2.1.4. U.K.
- 11.2.1.5. Spain
- 11.2.1.6. BENELUX
- 11.2.1.7. Russia
- 11.2.1.8. Rest of Europe
- 11.2.2. By Type
- 11.2.3. By Component
- 11.2.4. By Vertical
- 11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Type
- 11.3.3. By Component
- 11.3.4. By Vertical
- 11.4. Key Takeaways
- 12. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 12.2.1. By Country
- 12.2.1.1. China
- 12.2.1.2. Japan
- 12.2.1.3. South Korea
- 12.2.2. By Type
- 12.2.3. By Component
- 12.2.4. By Vertical
- 12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Type
- 12.3.3. By Component
- 12.3.4. By Vertical
- 12.4. Key Takeaways
- 13. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 13.2.1. By Country
- 13.2.1.1. India
- 13.2.1.2. ASEAN
- 13.2.1.3. Australia and New Zealand
- 13.2.1.4. Rest of South Asia & Pacific
- 13.2.2. By Type
- 13.2.3. By Component
- 13.2.4. By Vertical
- 13.3. Market Attractiveness Analysis
- 13.3.1. By Country
- 13.3.2. By Type
- 13.3.3. By Component
- 13.3.4. By Vertical
- 13.4. Key Takeaways
- 14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
- 14.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
- 14.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
- 14.2.1. By Country
- 14.2.1.1. GCC Countries
- 14.2.1.2. Turkey
- 14.2.1.3. South Africa
- 14.2.1.4. Rest of MEA
- 14.2.2. By Type
- 14.2.3. By Component
- 14.2.4. By Vertical
- 14.3. Market Attractiveness Analysis
- 14.3.1. By Country
- 14.3.2. By Type
- 14.3.3. By Component
- 14.3.4. By Vertical
- 14.4. Key Takeaways
- 15. Key Countries Market Analysis
- 15.1. U.S.
- 15.1.1. Pricing Analysis
- 15.1.2. Market Share Analysis, 2021
- 15.1.2.1. By Type
- 15.1.2.2. By Component
- 15.1.2.3. By Vertical
- 15.2. Canada
- 15.2.1. Pricing Analysis
- 15.2.2. Market Share Analysis, 2021
- 15.2.2.1. By Type
- 15.2.2.2. By Component
- 15.2.2.3. By Vertical
- 15.3. Mexico
- 15.3.1. Pricing Analysis
- 15.3.2. Market Share Analysis, 2021
- 15.3.2.1. By Type
- 15.3.2.2. By Component
- 15.3.2.3. By Vertical
- 15.4. Brazil
- 15.4.1. Pricing Analysis
- 15.4.2. Market Share Analysis, 2021
- 15.4.2.1. By Type
- 15.4.2.2. By Component
- 15.4.2.3. By Vertical
- 15.5. Germany
- 15.5.1. Pricing Analysis
- 15.5.2. Market Share Analysis, 2021
- 15.5.2.1. By Type
- 15.5.2.2. By Component
- 15.5.2.3. By Vertical
- 15.6. Italy
- 15.6.1. Pricing Analysis
- 15.6.2. Market Share Analysis, 2021
- 15.6.2.1. By Type
- 15.6.2.2. By Component
- 15.6.2.3. By Vertical
- 15.7. France
- 15.7.1. Pricing Analysis
- 15.7.2. Market Share Analysis, 2021
- 15.7.2.1. By Type
- 15.7.2.2. By Component
- 15.7.2.3. By Vertical
- 15.8. U.K.
- 15.8.1. Pricing Analysis
- 15.8.2. Market Share Analysis, 2021
- 15.8.2.1. By Type
- 15.8.2.2. By Component
- 15.8.2.3. By Vertical
- 15.9. Spain
- 15.9.1. Pricing Analysis
- 15.9.2. Market Share Analysis, 2021
- 15.9.2.1. By Type
- 15.9.2.2. By Component
- 15.9.2.3. By Vertical
- 15.10. BENELUX
- 15.10.1. Pricing Analysis
- 15.10.2. Market Share Analysis, 2021
- 15.10.2.1. By Type
- 15.10.2.2. By Component
- 15.10.2.3. By Vertical
- 15.11. Russia
- 15.11.1. Pricing Analysis
- 15.11.2. Market Share Analysis, 2021
- 15.11.2.1. By Type
- 15.11.2.2. By Component
- 15.11.2.3. By Vertical
- 15.12. China
- 15.12.1. Pricing Analysis
- 15.12.2. Market Share Analysis, 2021
- 15.12.2.1. By Type
- 15.12.2.2. By Component
- 15.12.2.3. By Vertical
- 15.13. Japan
- 15.13.1. Pricing Analysis
- 15.13.2. Market Share Analysis, 2021
- 15.13.2.1. By Type
- 15.13.2.2. By Component
- 15.13.2.3. By Vertical
- 15.14. South Korea
- 15.14.1. Pricing Analysis
- 15.14.2. Market Share Analysis, 2021
- 15.14.2.1. By Type
- 15.14.2.2. By Component
- 15.14.2.3. By Vertical
- 15.15. India
- 15.15.1. Pricing Analysis
- 15.15.2. Market Share Analysis, 2021
- 15.15.2.1. By Type
- 15.15.2.2. By Component
- 15.15.2.3. By Vertical
- 15.16. ASEAN
- 15.16.1. Pricing Analysis
- 15.16.2. Market Share Analysis, 2021
- 15.16.2.1. By Type
- 15.16.2.2. By Component
- 15.16.2.3. By Vertical
- 15.17. Australia and New Zealand
- 15.17.1. Pricing Analysis
- 15.17.2. Market Share Analysis, 2021
- 15.17.2.1. By Type
- 15.17.2.2. By Component
- 15.17.2.3. By Vertical
- 15.18. GCC Countries
- 15.18.1. Pricing Analysis
- 15.18.2. Market Share Analysis, 2021
- 15.18.2.1. By Type
- 15.18.2.2. By Component
- 15.18.2.3. By Vertical
- 15.19. Turkey
- 15.19.1. Pricing Analysis
- 15.19.2. Market Share Analysis, 2021
- 15.19.2.1. By Type
- 15.19.2.2. By Component
- 15.19.2.3. By Vertical
- 15.20. South Africa
- 15.20.1. Pricing Analysis
- 15.20.2. Market Share Analysis, 2021
- 15.20.2.1. By Type
- 15.20.2.2. By Component
- 15.20.2.3. By Vertical
- 16. Market Structure Analysis
- 16.1. Competition Dashboard
- 16.2. Competition Benchmarking
- 16.3. Market Share Analysis of Top Players
- 16.3.1. By Regional
- 16.3.2. By Type
- 16.3.3. By Component
- 16.3.4. By Vertical
- 17. Competition Analysis
- 17.1. Competition Deep Dive
- 17.1.1. ABB LTD.
- 17.1.1.1. Overview
- 17.1.1.2. Product Portfolio
- 17.1.1.3. Profitability by Market Segments
- 17.1.1.4. Sales Footprint
- 17.1.1.5. Strategy Overview
- 17.1.1.5.1. Marketing Strategy
- 17.1.1.5.2. Product Strategy
- 17.1.1.5.3. Channel Strategy
- 17.1.2. Analog Devices, Inc.
- 17.1.2.1. Overview
- 17.1.2.2. Product Portfolio
- 17.1.2.3. Profitability by Market Segments
- 17.1.2.4. Sales Footprint
- 17.1.2.5. Strategy Overview
- 17.1.2.5.1. Marketing Strategy
- 17.1.2.5.2. Product Strategy
- 17.1.2.5.3. Channel Strategy
- 17.1.3. AuthenTec, Inc.
- 17.1.3.1. Overview
- 17.1.3.2. Product Portfolio
- 17.1.3.3. Profitability by Market Segments
- 17.1.3.4. Sales Footprint
- 17.1.3.5. Strategy Overview
- 17.1.3.5.1. Marketing Strategy
- 17.1.3.5.2. Product Strategy
- 17.1.3.5.3. Channel Strategy
- 17.1.4. Colibrys
- 17.1.4.1. Overview
- 17.1.4.2. Product Portfolio
- 17.1.4.3. Profitability by Market Segments
- 17.1.4.4. Sales Footprint
- 17.1.4.5. Strategy Overview
- 17.1.4.5.1. Marketing Strategy
- 17.1.4.5.2. Product Strategy
- 17.1.4.5.3. Channel Strategy
- 17.1.5. Eaton Corporation
- 17.1.5.1. Overview
- 17.1.5.2. Product Portfolio
- 17.1.5.3. Profitability by Market Segments
- 17.1.5.4. Sales Footprint
- 17.1.5.5. Strategy Overview
- 17.1.5.5.1. Marketing Strategy
- 17.1.5.5.2. Product Strategy
- 17.1.5.5.3. Channel Strategy
- 17.1.6. Gira Giersiepen Gmbh & Co. Kg
- 17.1.6.1. Overview
- 17.1.6.2. Product Portfolio
- 17.1.6.3. Profitability by Market Segments
- 17.1.6.4. Sales Footprint
- 17.1.6.5. Strategy Overview
- 17.1.6.5.1. Marketing Strategy
- 17.1.6.5.2. Product Strategy
- 17.1.6.5.3. Channel Strategy
- 17.1.7. Honeywell international Inc.
- 17.1.7.1. Overview
- 17.1.7.2. Product Portfolio
- 17.1.7.3. Profitability by Market Segments
- 17.1.7.4. Sales Footprint
- 17.1.7.5. Strategy Overview
- 17.1.7.5.1. Marketing Strategy
- 17.1.7.5.2. Product Strategy
- 17.1.7.5.3. Channel Strategy
- 17.1.8. Airmar Technology Corporation
- 17.1.8.1. Overview
- 17.1.8.2. Product Portfolio
- 17.1.8.3. Profitability by Market Segments
- 17.1.8.4. Sales Footprint
- 17.1.8.5. Strategy Overview
- 17.1.8.5.1. Marketing Strategy
- 17.1.8.5.2. Product Strategy
- 17.1.8.5.3. Channel Strategy
- 17.1.9. NXP Semiconductors
- 17.1.9.1. Overview
- 17.1.9.2. Product Portfolio
- 17.1.9.3. Profitability by Market Segments
- 17.1.9.4. Sales Footprint
- 17.1.9.5. Strategy Overview
- 17.1.9.5.1. Marketing Strategy
- 17.1.9.5.2. Product Strategy
- 17.1.9.5.3. Channel Strategy
- 17.1.10. Siemens AG
- 17.1.10.1. Overview
- 17.1.10.2. Product Portfolio
- 17.1.10.3. Profitability by Market Segments
- 17.1.10.4. Sales Footprint
- 17.1.10.5. Strategy Overview
- 17.1.10.5.1. Marketing Strategy
- 17.1.10.5.2. Product Strategy
- 17.1.10.5.3. Channel Strategy
- 17.1.11. Smart Sensors, inc.
- 17.1.11.1. Overview
- 17.1.11.2. Product Portfolio
- 17.1.11.3. Profitability by Market Segments
- 17.1.11.4. Sales Footprint
- 17.1.11.5. Strategy Overview
- 17.1.11.5.1. Marketing Strategy
- 17.1.11.5.2. Product Strategy
- 17.1.11.5.3. Channel Strategy
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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