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Report
Smart Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 145 Pages I IMARC Group
The global smart sensor market size reached US$ 49.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 107.8 Billion by 2028, exhibiting a growth rate (CAGR) of 13.9% during 2022-2028.
A smart sensor is an electronic device used for receiving inputs from the environment and performing predefined functions through in-built computer resources. It transforms the input into measurable electrical signals, which are processed by the microcontrollers, transceivers and amplifiers to perform the required actions. Smart sensors are integrated with the internet of things (IoT) and are used for measuring temperature, mass, speed, pressure and heat. Some of the commonly available smart sensors include touch, image, temperature, motion, pressure and position sensors, which are used for configuration, verification and communication of information. They offer advanced functionalities, such as self-calibration, cloud-support and multiple sensing and computation capabilities. As a result, they are widely used across industries, such as healthcare, defense, electronics and aerospace.
Smart Sensor Market Trends:
Rapid digitization, along with the increasing requirement for industrial automation, is one of the key factors driving the growth of the market. For instance, smart sensors are widely used in automobiles for auto-braking, blind-spot detection, lane departure alerts and safety errors. Moreover, the increasing deployment of smart grids, smart cities and automated forest fire control, snow level monitoring and early earthquake detection systems, are providing a thrust to the market growth. In line with this, the widespread adoption of smart sensors in wearable devices is also contributing to the growth of the market. Various product innovations, such as the development of cost-effective and stick-on or printed sensors, are acting as other growth-inducing factors. These sensors can be attached to devices and labels to measure various physical parameters, such as humidity, temperature and gas. Other factors, including extensive research and development (R&D) activities, along with the implementation of favorable government policies promoting infrastructural development, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart sensor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and end user.
Breakup by Type:
Touch Sensor
Image Sensor
Temperature Sensor
Motion Sensor
Position Sensor
Pressure Sensor
Breakup by End User:
Automotive
Consumer Electronics
Infrastructure
Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Analog Devices Inc., Eaton, Honeywell International Inc., Infineon Technologies AG, NXP Semiconductors, Renesas Electronics Corporation, Robert Bosch GmbH, Siemens AG, STMicroelectronics, TDK Corporation and Texas Instruments Incorporated.
Key Questions Answered in This Report
1. How big is the global smart sensor market?
2. What is the expected growth rate of the global smart sensor market during 2023-2028?
3. What are the key factors driving the global smart sensor market?
4. What has been the impact of COVID-19 on the global smart sensor market?
5. What is the breakup of the global smart sensor market based on the type?
6. What is the breakup of the global smart sensor market based on the end user?
7. What are the key regions in the global smart sensor market?
8. Who are the key players/companies in the global smart sensor market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Smart Sensor Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Type
6.1Touch Sensor
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Image Sensor
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Temperature Sensor
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Motion Sensor
6.4.1 Market Trends
6.4.2 Market Forecast
6.5Position Sensor
6.5.1 Market Trends
6.5.2 Market Forecast
6.6Pressure Sensor
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by End User
7.1Automotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Consumer Electronics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Infrastructure
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Healthcare
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1ABB Ltd.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2Analog Devices Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3Eaton
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4Honeywell International Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5Infineon Technologies AG
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6NXP Semiconductors
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7Renesas Electronics Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8Robert Bosch GmbH
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 SWOT Analysis
13.3.9Siemens AG
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10STMicroelectronics
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11TDK Corporation
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12Texas Instruments Incorporated
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
Figure 1: Global: Smart Sensor Market: Major Drivers and Challenges
Figure 2: Global: Smart Sensor Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Smart Sensor Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Smart Sensor Market: Breakup by Type (in %), 2022
Figure 5: Global: Smart Sensor Market: Breakup by End User (in %), 2022
Figure 6: Global: Smart Sensor Market: Breakup by Region (in %), 2022
Figure 7: Global: Smart Sensor (Touch Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Smart Sensor (Touch Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Smart Sensor (Image Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Smart Sensor (Image Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Smart Sensor (Temperature Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Smart Sensor (Temperature Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Smart Sensor (Motion Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Smart Sensor (Motion Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Smart Sensor (Position Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Smart Sensor (Position Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Smart Sensor (Pressure Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Smart Sensor (Pressure Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Smart Sensor (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Smart Sensor (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Smart Sensor (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Smart Sensor (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Smart Sensor (Infrastructure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Smart Sensor (Infrastructure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Smart Sensor (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Smart Sensor (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Smart Sensor (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Smart Sensor (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Smart Sensor Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Smart Sensor Market: Breakup by Country (in %), 2022
Figure 77: Middle East and Africa: Smart Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Smart Sensor Industry: SWOT Analysis
Figure 79: Global: Smart Sensor Industry: Value Chain Analysis
Figure 80: Global: Smart Sensor Industry: Porter's Five Forces Analysis
Table 1: Global: Smart Sensor Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Smart Sensor Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Smart Sensor Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 4: Global: Smart Sensor Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Smart Sensor Market: Competitive Structure
Table 6: Global: Smart Sensor Market: Key Players
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