Smart Sensors in Asia-Pacific
Summary
Smart Sensors in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Asia-Pacific smart sensor market had a total of $21,515.6 million in 2023, representing a compound annual growth rate (CAGR) of 7.4% between 2018 and 2023.
- The automotive segment accounted for the market's largest proportion in 2023, with a total of $7,474 million, equivalent to 34.7% of the market's overall value.
- The smart sensors market is dominated by the Asia-Pacific region because of its huge consumer base, growing disposable income, and expanding demand for automobiles and consumer electronics.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the smart sensors market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the smart sensors market in Asia-Pacific
- 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 Asia-Pacific smart sensors market with five year forecasts
- What was the size of the Asia-Pacific smart sensors market by value in 2023?
- What will be the size of the Asia-Pacific smart sensors market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific smart sensors market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific'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. NXP Semiconductors N.V.
- 8.2. Shenzhen Friendcom Technology Development Co., Ltd.
- 8.3. OMRON Corporation
- 8.4. Shenzhen Yitoa Intelligent Control Co Ltd
- 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: Asia-Pacific smart sensors market value: $ million, 2018-23
- Table 2: Asia-Pacific smart sensors market category segmentation: % share, by value, 2018-2023
- Table 3: Asia-Pacific smart sensors market category segmentation: $ million, 2018-2023
- Table 4: Asia-Pacific smart sensors market geography segmentation: $ million, 2023
- Table 5: Asia-Pacific smart sensors market value forecast: $ million, 2023-28
- Table 6: NXP Semiconductors N.V.: key facts
- Table 7: NXP Semiconductors N.V.: annual financial ratios
- Table 8: NXP Semiconductors N.V.: key employees
- Table 9: NXP Semiconductors N.V.: key employees Continued
- Table 10: Shenzhen Friendcom Technology Development Co., Ltd.: key facts
- Table 11: Shenzhen Friendcom Technology Development Co., Ltd.: annual financial ratios
- Table 12: OMRON Corporation: key facts
- Table 13: OMRON Corporation: annual financial ratios
- Table 14: OMRON Corporation: key employees
- Table 15: OMRON Corporation: key employees Continued
- Table 16: OMRON Corporation: key employees Continued
- Table 17: Shenzhen Yitoa Intelligent Control Co Ltd: key facts
- Table 18: Shenzhen Yitoa Intelligent Control Co Ltd: annual financial ratios
- Table 19: Shenzhen Yitoa Intelligent Control Co Ltd: key employees
- Table 20: Asia-Pacific exchange rate, 2019-23
- List of Figures
- Figure 1: Asia-Pacific smart sensors market value: $ million, 2018-23
- Figure 2: Asia-Pacific smart sensors market category segmentation: $ million, 2018-2023
- Figure 3: Asia-Pacific smart sensors market geography segmentation: % share, by value, 2023
- Figure 4: Asia-Pacific smart sensors market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the smart sensors market in Asia-Pacific, 2023
- Figure 6: Drivers of buyer power in the smart sensors market in Asia-Pacific, 2023
- Figure 7: Drivers of supplier power in the smart sensors market in Asia-Pacific, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the smart sensors market in Asia-Pacific, 2023
- Figure 9: Factors influencing the threat of substitutes in the smart sensors market in Asia-Pacific, 2023
- Figure 10: Drivers of degree of rivalry in the smart sensors market in Asia-Pacific, 2023
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