[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Smart Sensors Market Size, Share & Trends Analysis Report By End Use (Industrial, Commercial), By Technology, By Component (Analog To Digital Converter, Digital To Analog Converter), By Type, By Region, And Segment Forecasts, 2024 - 2030

July 2024 | 150 pages | ID: SACC1CE378A0EN
Grand View Research, Inc.

US$ 4,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 5 Business Days

Smart Sensors Market Size & Trends

The global smart sensors market size was valued at USD 51.42 billion in 2023 and is expected t%li%grow at a CAGR of 19.0% from 2024 t%li%2030. The proliferation of connected devices, which rely heavily on smart sensors for data collection and transmission is driving the demand for smart sensors. Additionally, advancements in miniaturization and sensor technology have made it possible t%li%integrate smart sensors int%li%a wide array of products, which is further driving the market expansion. Moreover, the rising emphasis on energy efficiency and environmental monitoring is boosting the adoption of smart sensors, which is expected t%li%fuel the market growth in the coming years.

Furthermore, the increasing use of automation in manufacturing processes has led t%li%a growing demand for sensors that can monitor and control equipment, track inventory, and optimize production processes. Smart sensors are being used t%li%monitor temperature, pressure, flow rate, and other parameters in industrial settings, enabling real-time monitoring and control. This has led t%li%improved efficiency, reduced downtime, and increased productivity, which is further driving the market growth.

The growing use of machine learning (ML) and artificial intelligence (AI) is one of the major trends in the smart sensors market. ML algorithms can analyze data from smart sensors t%li%predict equipment failures, optimize processes, and improve overall efficiency. AI-powered sensors can analyze data from multiple sources t%li%identify patterns and make decisions in real-time. This has led t%li%increased adoption of smart sensors in industries such as manufacturing, healthcare, and logistics.

Furthermore, rapid technological advancements and the deployment of smart sensors in various electronic devices are driving the market expansion. These advancements are particularly notable in automation, robotics, and Internet of Things (IoT) applications where smart sensors are essential for measuring parameters and transmitting data for processing. The integration of multiple smart sensors creates advanced systems with diverse benefits across industries. This trend is expected t%li%further fuel the market growth.

Companies are focusing on innovation and technological advancements t%li%develop cutting-edge smart sensor solutions that cater t%li%evolving consumer needs. Additionally, strategic partnerships and collaborations with other industry players or research institutions are being leveraged t%li%drive product development and expand market reach. Moreover, investments in research and development activities t%li%create more efficient and cost-effective smart sensor technologies are a priority for these companies. Such strategies by key players are expected t%li%boost the market growth in the coming years.

Global Smart Sensors Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 t%li%2030. For this study, Grand View Research has segmented the global smart sensors market report based on sensors type, technology, component, end use and region:
  • Type Outlook (Revenue, USD Million, 2018 - 2030)
  • Touch
  • Flow
  • Image
  • Temperature & Humidity
  • Motion
  • Pressure
  • Light
  • Position
  • Others
  • Technology Outlook (Revenue, USD Million, 2018 - 2030)
    • Micr%li%electro-mechanical systems (MEMS)
  • Complementary metal-oxide semiconductors (CMOS)
  • Others
  • Component Outlook (Revenue, USD Million, 2018 - 2030)
    • Analog t%li%Digital Converters (ADC)
    • Digital t%li%Analog Converters (DAC)
  • Transceivers
  • Amplifiers
  • Microcontrollers
  • Others
  • End Use Outlook (Revenue, USD Million, 2018 - 2030)
  • Industrial
  • Aerospace & Defense
  • Consumer Electronics
  • Healthcare
  • Transportation & Logistics
  • Automotive
  • Energy & Utilities
  • Renewables
  • Manufacturing
  • Others
  • Commercial
  • Retail
  • Hospitality
  • Others
  • Residential
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Australia
  • Japan
  • India
  • South Korea
  • Latin America
  • Brazil
  • Mexico
  • Chile
  • Argentina
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
  1.3.1. Information analysis
  1.3.2. Market formulation & data visualization
  1.3.3. Data validation & publishing
1.4. 1.4 Research Scope and Assumptions
  1.4.1. List of Data Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Smart Sensors Market Snapshot
2.2. Smart Sensors Market- Segment Snapshot
2.3. Smart Sensors Market- Competitive Landscape Snapshot

CHAPTER 3. SMART SENSORS PLATFORM MARKET - INDUSTRY OUTLOOK

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraint Analysis
  3.3.3. Industry Challenges
  3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
  3.4.1. Porter’s analysis
  3.4.2. Macroeconomic analysis
3.5. Smart Sensors Market: Technology Trends

CHAPTER 4. SMART SENSORS MARKET: SENSORS TYPE ESTIMATES & TREND ANALYSIS

4.1. Sensors Type Movement Analysis & Market Share, 2023 & 2030
4.2. Smart Sensors Market Estimates & Forecast, By Sensors Type (USD Million)
  4.2.1. Touch
  4.2.2. Flow
  4.2.3. Image
  4.2.4. Temperature & Humidity
  4.2.5. Motion
  4.2.6. Pressure
  4.2.7. Light
  4.2.8. Position
  4.2.9. Others

CHAPTER 5. SMART SENSORS MARKET: TECHNOLOGY ESTIMATES & TREND ANALYSIS

5.1. Technology Movement Analysis & Market Share, 2023 & 2030
5.2. Smart Sensors Market Estimates & Forecast, By Technology (USD Million)
  5.2.1. Micro electro-mechanical systems (MEMS)
  5.2.2. Complementary metal-oxide semiconductors (CMOS)
  5.2.3. Others

CHAPTER 6. SMART SENSORS MARKET: COMPONENT ESTIMATES & TREND ANALYSIS

6.1. Component Movement Analysis & Market Share, 2023 & 2030
6.2. Smart Sensors Market Estimates & Forecast, By Component (USD Million)
  6.2.1. Analog to Digital Converters (ADC)
  6.2.2. Digital to Analog Converters (DAC)
  6.2.3. Transceivers
  6.2.4. Amplifiers
  6.2.5. Microcontrollers
  6.2.6. Others

CHAPTER 7. SMART SENSORS MARKET: TECHNOLOGY ESTIMATES & TREND ANALYSIS

7.1. End Use Movement Analysis & Market Share, 2023 & 2030
7.2. Smart Sensors Market Estimates & Forecast, By End Use (USD Million)
  7.2.1. Industrial
  7.2.2. Commercial
  7.2.3. Residential

CHAPTER 8. REGIONAL ESTIMATES & TREND ANALYSIS

8.1. Smart Sensors Market by Region, 2023 & 2030
8.2. North America
  8.2.1. North America Smart Sensors Market Estimates & Forecasts, 2018 - 2030, (USD Million)
  8.2.2. U.S.
  8.2.3. Canada
8.3. Europe
  8.3.1. Europe Smart Sensors Market Estimates & Forecasts, 2018 - 2030, (USD Million)
  8.3.2. U.K.
  8.3.3. Germany
  8.3.4. France
  8.3.5. Italy
  8.3.6. Spain
8.4. Asia Pacific
  8.4.1. Asia Pacific Smart Sensors Market Estimates & Forecasts, 2018 - 2030, (USD Million)
  8.4.2. China
  8.4.3. Japan
  8.4.4. India
  8.4.5. South Korea
  8.4.6. Australia
8.5. Latin America
  8.5.1. Latin America Smart Sensors Market Estimates & Forecasts, 2018 - 2030, (USD Million)
  8.5.2. Brazil
  8.5.3. Mexico
  8.5.4. Chile
  8.5.5. Argentina
8.6. Middle East & Africa (MEA)
  8.6.1. MEA Smart Sensors Market Estimates & Forecasts, 2018 - 2030, (USD Million)
  8.6.2. UAE
  8.6.3. Saudi Arabia
  8.6.4. South Africa

CHAPTER 9. SMART SENSORS MARKET - COMPETITIVE LANDSCAPE

9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Company Categorization
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Market Positioning Analysis
9.7. Company Heat Map Analysis
9.8. Strategy Mapping
  9.8.1. Expansion/Divestiture
  9.8.2. Collaborations/Partnerships
  9.8.3. New Product Launches
  9.8.4. Contract
9.9. Company Profiles
  9.9.1. Analog Devices Inc.
    9.9.1.1. Participant’s Overview
    9.9.1.2. Financial Performance
    9.9.1.3. Product Benchmarking
    9.9.1.4. Recent Developments
  9.9.2. Honeywell International, Inc.
    9.9.2.1. Participant’s Overview
    9.9.2.2. Financial Performance
    9.9.2.3. Product Benchmarking
    9.9.2.4. Recent Developments
  9.9.3. Siemens AG
    9.9.3.1. Participant’s Overview
    9.9.3.2. Financial Performance
    9.9.3.3. Product Benchmarking
    9.9.3.4. Recent Developments
  9.9.4. Omron Corporation
    9.9.4.1. Participant’s Overview
    9.9.4.2. Financial Performance
    9.9.4.3. Product Benchmarking
    9.9.4.4. Recent Developments
  9.9.5. Sensirion AG
    9.9.5.1. Participant’s Overview
    9.9.5.2. Financial Performance
    9.9.5.3. Product Benchmarking
    9.9.5.4. Recent Developments
  9.9.6. Robert Bosch GmbH
    9.9.6.1. Participant’s Overview
    9.9.6.2. Financial Performance
    9.9.6.3. Product Benchmarking
    9.9.6.4. Recent Developments
  9.9.7. NXP Semiconductors
    9.9.7.1. Participant’s Overview
    9.9.7.2. Financial Performance
    9.9.7.3. Product Benchmarking
    9.9.7.4. Recent Developments
  9.9.8. ST Microelectronics
    9.9.8.1. Participant’s Overview
    9.9.8.2. Financial Performance
    9.9.8.3. Product Benchmarking
    9.9.8.4. Recent Developments
  9.9.9. Infineon Technologies AG
    9.9.9.1. Participant’s Overview
    9.9.9.2. Financial Performance
    9.9.9.3. Product Benchmarking
    9.9.9.4. Recent Developments
  9.9.10. General Electric (GE)
    9.9.10.1. Participant’s Overview
    9.9.10.2. Financial Performance
    9.9.10.3. Product Benchmarking
    9.9.10.4. Recent Developments
LIST OF TABLES


Table 1 Smart Sensors Market- Key Market Driver Impact
Table 2 Global Smart Sensors Market- Key Market Restraint Impact
Table 3 Global Smart Sensors Market- Key Market Opportunities
Table 4 Global Smart Sensors Market- Key Market Challenges
Table 5 Smart Sensors Market Revenue Estimates and Forecast, By Sensors Type, 2018 - 2030 (USD Million)
Table 6 Smart Sensors Market Revenue Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
Table 7 Smart Sensors Market Revenue Estimates and Forecast, By Component, 2018 - 2030 (USD Million)
Table 8 Smart Sensors Market Revenue Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
Table 9 Recent Developments & Impact Analysis, By Key Market Participants
Table 10 Company Heat Map Analysis
Table 11 Key Companies Launching New Products
Table 12 Key Companies Pursuing Expansions
Table 13 Key Companies Pursuing Mergers & Acquisitions
Table 14 Key Companies Collaborations
LIST OF FIGURES


Fig. 1 Geotechnical Engineering Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Market formulation & validation
Fig. 7 Geotechnical Engineering Market snapshot
Fig. 8 Geotechnical Engineering Market segment snapshot
Fig. 9 Geotechnical Engineering Market competitive landscape snapshot
Fig. 10 Market driver impact analysis
Fig. 11 Market restraint impact analysis
Fig. 12 Geotechnical Engineering Market, type outlook key takeaways (USD Million)
Fig. 13 Geotechnical Engineering Market: type movement analysis, 2024 & 2030 (USD Million)
Fig. 14 Underground City Space Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 15 Slope Excavation Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 16 Ground Foundation Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 17 Geotechnical Engineering Market: Application outlook key takeaways (USD Million)
Fig. 18 Geotechnical Engineering Market: Application movement analysis (USD Million), 2024 & 2030
Fig. 19 Municipal Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Hydraulic Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Bridge and Tunnel Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 22 Mining Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 23 Building Construction market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 Others Engineering market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Regional marketplace: Key takeaways
Fig. 26 Geotechnical Engineering Market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 27 North America Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 U.S. Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Canada Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Mexico Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 Europe Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 UK Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 Germany Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 France Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Asia Pacific Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 China Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Japan Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 India Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 South Korea Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Australia Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 Latin America Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Brazil Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 MEA Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 KSA Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 UAE Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 South Africa Geotechnical Engineering Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Company Categorization
Fig. 48 Company Market Positioning
Fig. 49 Strategy framework


More Publications