Global Smart Sensors
Summary
Global Smart Sensors industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A smart sensor is a type of sensor technology that uses artificial intelligence to collect, analyze, and interpret data from its surroundings. Smart Sensors can detect environmental changes such as temperature, pressure, and movement and react without manual intervention. They can also be used to monitor machine performance and detect anomalies that can indicate potential problems.
- The global smart sensor market had a total of $57,083.2 million in 2023, representing a compound annual growth rate (CAGR) of 7.2% between 2018 and 2023.
- The automotive segment accounted for the market's largest proportion in 2023, with a total of $18,426.4 million, equivalent to 32.3% of the market's overall value.
- Asia-Pacific was the largest regional market globally, with a share of 37.7% of the global value in 2023. This was followed by North America and Europe with a share of 33.2% and 20.1% respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the smart sensors market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global smart sensors market
- Leading company profiles reveal details of key smart sensors market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global smart sensors market with five year forecasts by both value and volume
- What was the size of the Global smart sensors market by value in 2023?
- What will be the size of the Global smart sensors market in 2028?
- What factors are affecting the strength of competition in the Global smart sensors market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's smart sensors market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the challenges in the market??
- 7.4. What are the recent developments of the players in the market?
- 8 Company Profiles
- 8.1. Hewlett Packard Enterprise Company
- 8.2. Honeywell International Inc.
- 8.3. Accel Solutions Group Ltd
- 8.4. Shenzhen Yitoa Intelligent Control Co Ltd
- 8.5. Iteris Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Global smart sensors market value: $ million, 2018-23
- Table 2: Global smart sensors market category segmentation: % share, by value, 2018-2023
- Table 3: Global smart sensors market category segmentation: $ million, 2018-2023
- Table 4: Global smart sensors market geography segmentation: $ million, 2023
- Table 5: Global smart sensors market value forecast: $ million, 2023-28
- Table 6: Hewlett Packard Enterprise Company: key facts
- Table 7: Hewlett Packard Enterprise Company: annual financial ratios
- Table 8: Hewlett Packard Enterprise Company: key employees
- Table 9: Hewlett Packard Enterprise Company: key employees Continued
- Table 10: Honeywell International Inc.: key facts
- Table 11: Honeywell International Inc.: annual financial ratios
- Table 12: Honeywell International Inc.: key employees
- Table 13: Honeywell International Inc.: key employees Continued
- Table 14: Accel Solutions Group Ltd: key facts
- Table 15: Accel Solutions Group Ltd: annual financial ratios
- Table 16: Shenzhen Yitoa Intelligent Control Co Ltd: key facts
- Table 17: Shenzhen Yitoa Intelligent Control Co Ltd: annual financial ratios
- Table 18: Shenzhen Yitoa Intelligent Control Co Ltd: key employees
- Table 19: Iteris Inc: key facts
- Table 20: Iteris Inc: annual financial ratios
- Table 21: Iteris Inc: key employees
- Table 22: Global exchange rate, 2019-23
- List of Figures
- Figure 1: Global smart sensors market value: $ million, 2018-23
- Figure 2: Global smart sensors market category segmentation: $ million, 2018-2023
- Figure 3: Global smart sensors market geography segmentation: % share, by value, 2023
- Figure 4: Global smart sensors market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the global smart sensors market, 2023
- Figure 6: Drivers of buyer power in the global smart sensors market, 2023
- Figure 7: Drivers of supplier power in the global smart sensors market, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the global smart sensors market, 2023
- Figure 9: Factors influencing the threat of substitutes in the global smart sensors market, 2023
- Figure 10: Drivers of degree of rivalry in the global smart sensors market, 2023
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