Smart Sensors in South America
Summary
Smart Sensors in South America industry profile provides top-line qualitative and quantitative summary information including: 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 South American smart sensor market had a total of $2,341 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 $744.7 million, equivalent to 31.8% of the market's overall value.
- The increased use of smart sensors in electrical products and technical developments are driving the growth of the smart sensor market.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the smart sensors market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the smart sensors market in South America
- 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 South America smart sensors market with five year forecasts by both value and volume
- What was the size of the South America smart sensors market by value in 2023?
- What will be the size of the South America smart sensors market in 2028?
- What factors are affecting the strength of competition in the South America smart sensors market?
- How has the market performed over the last five years?
- How large is South America’s smart sensors market in relation to its regional counterparts?
- 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??
- 8 Company Profiles
- 8.1. Honeywell International Inc.
- 8.2. ABB, Ltd.
- 8.3. Schneider Electric SE
- 8.4. NXP Semiconductors N.V.
- 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: South America smart sensors market value: $ million, 2018-23
- Table 2: South America smart sensors market category segmentation: % share, by value, 2018-2023
- Table 3: South America smart sensors market category segmentation: $ million, 2018-2023
- Table 4: South America smart sensors market geography segmentation: $ million, 2023
- Table 5: South America smart sensors market value forecast: $ million, 2023-28
- Table 6: Honeywell International Inc.: key facts
- Table 7: Honeywell International Inc.: annual financial ratios
- Table 8: Honeywell International Inc.: key employees
- Table 9: Honeywell International Inc.: key employees Continued
- Table 10: ABB, Ltd.: key facts
- Table 11: ABB, Ltd.: annual financial ratios
- Table 12: ABB, Ltd.: key employees
- Table 13: Schneider Electric SE: key facts
- Table 14: Schneider Electric SE: annual financial ratios
- Table 15: Schneider Electric SE: key employees
- Table 16: Schneider Electric SE: key employees Continued
- Table 17: NXP Semiconductors N.V.: key facts
- Table 18: NXP Semiconductors N.V.: annual financial ratios
- Table 19: NXP Semiconductors N.V.: key employees
- Table 20: NXP Semiconductors N.V.: key employees Continued
- Table 21: South America exchange rate, 2019-23
- List of Figures
- Figure 1: South America smart sensors market value: $ million, 2018-23
- Figure 2: South America smart sensors market category segmentation: $ million, 2018-2023
- Figure 3: South America smart sensors market geography segmentation: % share, by value, 2023
- Figure 4: South America smart sensors market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the smart sensors market in South America, 2023
- Figure 6: Drivers of buyer power in the smart sensors market in South America, 2023
- Figure 7: Drivers of supplier power in the smart sensors market in South America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the smart sensors market in South America, 2023
- Figure 9: Factors influencing the threat of substitutes in the smart sensors market in South America, 2023
- Figure 10: Drivers of degree of rivalry in the smart sensors market in South America, 2023
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