Smart Sensors in South America 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 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.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, 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
Reasons to Buy
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?
What are the main segments that make up South America'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?
8 Company Profiles
8.1. Schneider Electric SE
8.2. Honeywell International Inc.
8.3. NXP Semiconductors N.V.
8.4. ABB, Ltd.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. 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: Schneider Electric SE: key facts
Table 7: Schneider Electric SE: annual financial ratios
Table 8: Schneider Electric SE: key employees
Table 9: Schneider Electric SE: 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