Smart Sensors Market by Type (Temperature & Humidity Sensor, Pressure Sensor, Motion & Occupancy Sensor), Technology (CMOS, MEMS), Component (Microcontrollers, Amplifiers, Transceivers), End-User Industry and Region - Global Forecast to 2029
The smart sensors market was valued at USD 61.9 billion in 2024 and is projected to reach USD 136.3 billion by 2029; it is expected to grow at a CAGR of 17.1% from 2024 to 2029. Government support for construction of green buildings, rising demand for smart sensor-enabled wearable devices, and growing need for predictive maintenance in industries provide lucrative opportunities to the smart sensors market.
“Temperature & Humidity sensors segment to register highest growth rate during the forecast period.”
The temperature & humidity sensors segment is expected to record the highest CAGR during the forecast period due to their expanding application areas and increasing demand in various sectors. Temperature and humidity are one of the the major parameters monitored by smart sensors in smart homes and automotives.
Several emerging trends are driving the demand for temperature and humidity sensors in various industries. One of them is the increasing demand for smart home and building automation systems. These systems rely heavily on temperature and humidity sensors to regulate heating, ventilation, and air conditioning (HVAC) systems, resulting in increased energy efficiency and improved comfort. Another trend is the growing use of connected agriculture, where sensors are utilized to monitor and optimize crop growth conditions, including temperature and humidity. This helps in improving agricultural yields and resource management. Lastly, the expansion of the Internet of Things (IoT) has resulted in various devices and appliances becoming connected. This has led to an increased need for environmental monitoring sensors like temperature and humidity sensors to collect data and enable intelligent decision-making.
“MEMS technology segment is expected to register highest growth rate during the forecast period.”
The MEMS technology segment holds the largest market share and is expected to grow with the highest growth rate during the forecast period from 2024 to 2029. MEMS-based sensors are versatile and widely used across various sectors. They have a significant market share in the smart sensor market. They are used in automotive for airbag deployment, tire pressure monitoring, and navigation systems. For consumer electronics, they are used in smartphones and wearables for motion tracking and image stabilization. In industrial automation, they are used for process control, liquid flow monitoring, and vibration monitoring. In healthcare, they are used for blood pressure monitoring, activity monitoring, and acceleration measurement.
“Germany in Europe is expected to hold the largest market share during the forecast period.”
In 2023, Germany accounted for the largest share of the European smart sensors market. Germany has a large number of automobile and chemical manufacturing plants. The growth of the market in this country can be attributed to the fact that Germany has emerged as a global automobile hub in the world. As such, the country witnesses increased demand for automobile sensors that are intelligent and can be used to control and process oil pressure and temperature in automobiles. They also regulate vehicle emission levels, coolant levels, etc. Also, a surge in the adoption of industrial automation and predictive maintenance in various manufacturing industries is likely to drive market growth in Germany.
Following is the breakup of the profiles of the primary participants for the report.
Research Coverage
The report defines, describes, and forecasts the smart sensors market based on Type, Component, Technology, Network Connectivity, End-user Industry, and Region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the smart sensors market. It also analyses competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions conducted by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall high-speed data converter and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Surging demand for IOT-based devices and consumer electronics, increasing use of smart sensors to meet Industry 4.0 requirements, high demand for smart sensors in automobile industry, and increasing demand for wireless technology to monitor and control security devices), restraints (High installation and maintenance costs), opportunities (Rising demand for smart sensor-enabled wearable devices, government support for construction of green buildings, and growing need for predictive maintenance in industries), and challenges (Stringent application-based performance requirements, and lack of skilled workforce) influencing the growth of the smart sensors market.
“Temperature & Humidity sensors segment to register highest growth rate during the forecast period.”
The temperature & humidity sensors segment is expected to record the highest CAGR during the forecast period due to their expanding application areas and increasing demand in various sectors. Temperature and humidity are one of the the major parameters monitored by smart sensors in smart homes and automotives.
Several emerging trends are driving the demand for temperature and humidity sensors in various industries. One of them is the increasing demand for smart home and building automation systems. These systems rely heavily on temperature and humidity sensors to regulate heating, ventilation, and air conditioning (HVAC) systems, resulting in increased energy efficiency and improved comfort. Another trend is the growing use of connected agriculture, where sensors are utilized to monitor and optimize crop growth conditions, including temperature and humidity. This helps in improving agricultural yields and resource management. Lastly, the expansion of the Internet of Things (IoT) has resulted in various devices and appliances becoming connected. This has led to an increased need for environmental monitoring sensors like temperature and humidity sensors to collect data and enable intelligent decision-making.
“MEMS technology segment is expected to register highest growth rate during the forecast period.”
The MEMS technology segment holds the largest market share and is expected to grow with the highest growth rate during the forecast period from 2024 to 2029. MEMS-based sensors are versatile and widely used across various sectors. They have a significant market share in the smart sensor market. They are used in automotive for airbag deployment, tire pressure monitoring, and navigation systems. For consumer electronics, they are used in smartphones and wearables for motion tracking and image stabilization. In industrial automation, they are used for process control, liquid flow monitoring, and vibration monitoring. In healthcare, they are used for blood pressure monitoring, activity monitoring, and acceleration measurement.
“Germany in Europe is expected to hold the largest market share during the forecast period.”
In 2023, Germany accounted for the largest share of the European smart sensors market. Germany has a large number of automobile and chemical manufacturing plants. The growth of the market in this country can be attributed to the fact that Germany has emerged as a global automobile hub in the world. As such, the country witnesses increased demand for automobile sensors that are intelligent and can be used to control and process oil pressure and temperature in automobiles. They also regulate vehicle emission levels, coolant levels, etc. Also, a surge in the adoption of industrial automation and predictive maintenance in various manufacturing industries is likely to drive market growth in Germany.
Following is the breakup of the profiles of the primary participants for the report.
- By Company Type: Tier 1 – 45 %, Tier 2 – 35%, and Tier 3 – 20%
- By Designation: C-Level Executives –32%, Directors- 40%, and Others – 28%
- By Region: Americas– 37%, Europe- 15%, Asia Pacific – 40%, and RoW – 8%
Research Coverage
The report defines, describes, and forecasts the smart sensors market based on Type, Component, Technology, Network Connectivity, End-user Industry, and Region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the smart sensors market. It also analyses competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions conducted by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall high-speed data converter and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Surging demand for IOT-based devices and consumer electronics, increasing use of smart sensors to meet Industry 4.0 requirements, high demand for smart sensors in automobile industry, and increasing demand for wireless technology to monitor and control security devices), restraints (High installation and maintenance costs), opportunities (Rising demand for smart sensor-enabled wearable devices, government support for construction of green buildings, and growing need for predictive maintenance in industries), and challenges (Stringent application-based performance requirements, and lack of skilled workforce) influencing the growth of the smart sensors market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the smart sensors market
- Market Development: Comprehensive information about lucrative markets – the report analyses the smart sensors market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart sensors market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Analog Devices, Inc. (US), Infineon Technologies AG (Germany), Texas Instruments Incorporated (US), Microchip Technology Inc. (US), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Siemens (Germany), ABB (Switzerland), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), TDK Corporation (Japan), Sensirion AG (Switzerland), Eaton (Ireland), Emerson Electric Co. (US), NXP Semiconductors (Netherlands), General Electric (US), Legrand (France), Balluff GmbH (US), among others in the smart sensors market strategies. The report also helps stakeholders understand the pulse of the smart sensors market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
FIGURE 1 SMART SENSORS MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SMART SENSORS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key participants in primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 RESEARCH FLOW OF MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis
(demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side)
FIGURE 5 APPROACH USED TO CAPTURE MARKET SIZE FROM SUPPLY SIDE
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON SMART SENSORS MARKET
2.6 RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 8 PRESSURE SENSORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 9 MEMS TECHNOLOGY SEGMENT TO RECORD HIGHEST CAGR FROM 2024 TO 2029
FIGURE 10 MICROCONTROLLERS SEGMENT TO REGISTER HIGHEST CAGR FROM 2024 TO 2029
FIGURE 11 CONSUMER ELECTRONICS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 12 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN SMART SENSORS MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 MAJOR OPPORTUNITIES FOR PLAYERS IN SMART SENSORS MARKET
FIGURE 13 GROWING ADOPTION OF INDUSTRY 4.0 TO BOOST MARKET GROWTH
4.2 SMART SENSORS MARKET, BY TECHNOLOGY
FIGURE 14 MICROELECTROMECHANICAL SYSTEMS (MEMS) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 SMART SENSORS MARKET, BY TYPE
FIGURE 15 PRESSURE SENSORS SEGMENT TO DOMINATE MARKET IN 2029
4.4 SMART SENSORS MARKET IN NORTH AMERICA, BY END-USER INDUSTRY AND COUNTRY
FIGURE 16 CONSUMER ELECTRONICS SEGMENT AND US LED MARKET IN NORTH AMERICA IN 2024
4.5 SMART SENSORS MARKET, BY END-USER INDUSTRY
FIGURE 17 CONSUMER ELECTRONICS INDUSTRY TO HOLD LARGEST MARKET SHARE IN 2029
4.6 SMART SENSORS MARKET, BY COUNTRY
FIGURE 18 INDIA TO RECORD HIGHEST CAGR IN GLOBAL SMART SENSORS MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SMART SENSORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Surging demand for IoT-based devices and consumer electronics
TABLE 1 COMPARATIVE STUDY OF VARIOUS SMARTPHONE BRANDS (SHIPMENTS IN MILLION UNITS)
5.2.1.2 Increasing use of smart sensors to meet Industry 4.0 requirements
5.2.1.3 High demand for smart sensors in automobile industry
5.2.1.4 Increasing demand for wireless technology to monitor and control security devices
FIGURE 20 IMPACT OF DRIVERS ON SMART SENSORS MARKET
5.2.2 RESTRAINTS
5.2.2.1 High installation and maintenance costs
FIGURE 21 IMPACT OF RESTRAINTS ON SMART SENSORS MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for smart sensor-enabled wearable devices
TABLE 2 COMPARATIVE STUDY OF VARIOUS WEARABLE DEVICE BRANDS (SHIPMENTS IN MILLION UNITS)
5.2.3.2 Government support for construction of green buildings
5.2.3.3 Growing need for predictive maintenance in industries
FIGURE 22 IMPACT OF OPPORTUNITIES ON SMART SENSORS MARKET
5.2.4 CHALLENGES
5.2.4.1 Stringent application-based performance requirements
5.2.4.2 Lack of skilled workforce
FIGURE 23 IMPACT OF CHALLENGES ON SMART SENSORS MARKET
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 24 TRENDS INFLUENCING SMART SENSOR BUSINESS OWNERS
5.4 PRICING ANALYSIS
TABLE 3 AVERAGE SELLING PRICE OF TEMPERATURE SENSORS, 2024
TABLE 4 AVERAGE SELLING PRICE OF ANGULAR SENSORS, 2024
TABLE 5 AVERAGE SELLING PRICE OF GAS SENSORS, 2024
5.5 VALUE CHAIN ANALYSIS
FIGURE 25 SMART SENSORS MARKET: VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
FIGURE 26 SMART SENSORS ECOSYSTEM
TABLE 6 ROLE OF PLAYERS IN SMART SENSORS ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 27 FUNDS ACQUIRED BY COMPANIES IN SMART SENSORS MARKET
5.8 TECHNOLOGY TRENDS
5.8.1 GLUCOSE SENSORS (BIOLOGICAL SENSORS)
5.8.2 COGNITIVE SENSING
5.8.3 SEED TECHNOLOGY
5.8.4 UBIQUITOUS SENSOR NETWORKS
5.8.5 PRINTED GAS SENSORS
5.8.6 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) SENSOR TECHNOLOGY
5.8.7 AI SENSOR TECHNOLOGY
5.9 CASE STUDY ANALYSIS
5.9.1 CERN PARTNERS WITH ABB TO ACHIEVE ENERGY EFFICIENCY OBJECTIVES
5.9.2 VARDE MUNICIPALITY USES FILL-LEVEL SENSORS TO REDUCE CO2 EMISSIONS
5.9.3 PRESSAC OFFERS SMART GATEWAY TO MATRIX BOOKING FOR SEAMLESS DATA COLLECTION
5.10 PATENT ANALYSIS
FIGURE 28 COMPANIES WITH SIGNIFICANT NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 7 TOP 20 PATENT OWNERS IN LAST 10 YEARS (US)
FIGURE 29 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2023
TABLE 8 MAJOR PATENTS IN SMART SENSORS MARKET
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO
FIGURE 30 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 902690, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.11.2 EXPORT SCENARIO
FIGURE 31 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 902690, BY COUNTRY, 2018?2022 (USD THOUSAND)
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 TARIFF ANALYSIS
TABLE 9 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 10 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY JAPAN
TABLE 11 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY GERMANY
TABLE 12 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY CHINA
5.12.2 REGULATORY LANDSCAPE
5.12.2.1 Regulatory bodies, government agencies, and other organizations
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.2.2 Codes and standards
TABLE 17 CODES AND STANDARDS RELATED TO SMART SENSORS MARKET
5.13 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 18 SMART SENSORS MARKET: CONFERENCES AND EVENTS
5.14 PORTER'S FIVE FORCES ANALYSIS
TABLE 19 IMPACT OF PORTER'S FIVE FORCES ON SMART SENSORS MARKET
FIGURE 32 SMART SENSORS MARKET: PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES
5.15.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES
6 SMART SENSORS MARKET, BY TYPE
6.1 INTRODUCTION
6.1.1 RISING USE OF SMART DEVICES ACROSS INDUSTRIES
FIGURE 35 GROWING ADOPTION OF SMART SENSORS IN VARIOUS APPLICATIONS
6.1.2 INNOVATION IN SMART SENSORS TO BOOST IOT CAPABILITIES
FIGURE 36 PRESSURE SENSORS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 22 SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 23 SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 24 SMART SENSORS MARKET, BY TYPE, 2020–2023 (MILLION UNITS)
TABLE 25 SMART SENSORS MARKET, BY TYPE, 2024–2029 (MILLION UNITS)
6.2 TEMPERATURE & HUMIDITY SENSORS
6.2.1 INCREASING USE IN BUILDING AUTOMATION, AUTOMOTIVE, AND HEALTHCARE INDUSTRIES TO FUEL MARKET
6.2.2 MAJOR TYPES OF TEMPERATURE SENSORS
6.2.2.1 Thermocouples
6.2.2.2 Thermistors
6.2.2.3 Resistance temperature detectors
6.2.2.4 IR sensors
6.2.2.5 Others
6.2.2.5.1 MEMS technology-based temperature sensors
6.2.2.5.2 USB-based temperature sensors
6.2.2.5.3 Wi-Fi-based temperature sensors
6.2.2.5.4 ZigBee-based temperature sensors
6.2.2.5.5 Bluetooth-based temperature sensors
6.2.2.5.6 RFID temperature sensors
6.2.3 MAJOR TYPES OF HUMIDITY SENSORS
6.2.3.1 Capacitive humidity sensors
6.2.3.2 Resistive humidity sensors
TABLE 26 PROPERTIES OF HUMIDITY SENSORS
TABLE 27 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 28 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 29 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 30 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.3 PRESSURE SENSORS
6.3.1 RISING USE OF MEMS-BASED PRESSURE SENSORS TO DRIVE MARKET
6.3.2 MAJOR TYPES OF PRESSURE SENSORS
6.3.2.1 Differential and gauge
6.3.2.2 Vacuum and absolute
6.3.3 MAJOR PRESSURE SENSING TECHNOLOGIES
6.3.3.1 Piezoresistive pressure sensors
6.3.3.2 Capacitive pressure sensors
6.3.3.3 Electromagnetic pressure sensors
6.3.3.4 Resonant solid-state pressure sensors
6.3.3.5 Optical pressure sensors
TABLE 31 SMART PRESSURE SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 32 SMART PRESSURE SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 33 SMART PRESSURE SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 34 SMART PRESSURE SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.4 FLOW SENSORS
6.4.1 RISING DEMAND ACROSS PROCESS INDUSTRIES TO FUEL MARKET
TABLE 35 UNIT OF FLOW ACCORDING TO MATERIAL
TABLE 36 SMART FLOW SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 37 SMART FLOW SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 38 SMART FLOW SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 39 SMART FLOW SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.5 TOUCH SENSORS
6.5.1 INCREASING USE IN SMARTPHONES TO PROPEL DEMAND
6.5.2 MAJOR TOUCH SENSING TECHNOLOGIES
6.5.2.1 Capacitive sensors
6.5.2.2 Resistive sensors
6.5.2.3 Infrared sensors
TABLE 40 SMART TOUCH SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 41 SMART TOUCH SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 42 SMART TOUCH SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 43 SMART TOUCH SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.6 IMAGE SENSORS
6.6.1 WIDE ADOPTION OF CMOS-BASED IMAGE SENSORS TO DRIVE MARKET
6.6.2 MAJOR IMAGE SENSING TECHNOLOGIES
6.6.2.1 CMOS-based image sensors
6.6.2.2 Fingerprint recognition
6.6.2.3 Iris scanning
TABLE 44 SMART IMAGE SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 45 SMART IMAGE SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 46 SMART IMAGE SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 47 SMART IMAGE SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.7 MOTION & OCCUPANCY SENSORS
6.7.1 MOTION SENSORS
6.7.1.1 Growing demand for smart consumer electronics to fuel market
6.7.2 MAJOR EMBEDDED SENSOR TYPES IN MOTION SENSORS
6.7.2.1 MEMS accelerometers
6.7.2.2 MEMS gyroscopes
6.7.2.3 MEMS magnetometers
6.7.2.4 Sensor combos
6.7.3 OCCUPANCY SENSORS
6.7.3.1 PIR-based occupancy sensors to dominate market
6.7.4 MAJOR TYPES OF OCCUPANCY SENSORS
6.7.4.1 PIR-based sensors
6.7.4.2 Ultrasonic-based sensors
6.7.4.3 Dual technology-based sensors
TABLE 48 SMART MOTION & OCCUPANCY SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 49 SMART MOTION & OCCUPANCY SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 50 SMART MOTION & OCCUPANCY SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 51 SMART MOTION AND OCCUPANCY SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.8 WATER SENSORS
6.8.1 GOVERNMENT REGULATIONS TO PROMOTE MARKET GROWTH
TABLE 52 SMART WATER SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 53 SMART WATER SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
6.8.2 MAJOR TYPES OF WATER SENSORS
6.8.2.1 Turbidity sensors
6.8.2.2 pH sensors
6.8.2.3 Soil moisture sensors
6.8.2.4 Level sensors
6.8.2.5 Dissolved oxygen (DO2) sensors
TABLE 54 SMART WATER SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 55 SMART WATER SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 56 SMART WATER SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 57 SMART WATER SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.9 POSITION SENSORS
6.9.1 INCREASING DEMAND IN AUTOMOTIVE INDUSTRY TO FUEL MARKET
6.9.2 MAJOR TYPES OF POSITION SENSORS
6.9.2.1 Linear position sensors
6.9.2.2 Rotary position sensors
6.9.2.3 Proximity sensors
TABLE 58 SMART POSITION SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 59 SMART POSITION SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 60 SMART POSITION SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 61 SMART POSITION SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.10 LIGHT SENSORS
6.10.1 INCREASED USE IN CONSUMER ELECTRONICS TO BOOST DEMAND
6.10.2 MAJOR TYPES OF LIGHT SENSORS
6.10.2.1 Analog light sensors
6.10.2.2 Digital light sensors
TABLE 62 SMART LIGHT SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 63 SMART LIGHT SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 64 SMART LIGHT SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 65 SMART LIGHT SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.11 ULTRASONIC SENSORS
6.11.1 RISING USE IN INDUSTRIAL AUTOMATION TO DRIVE MARKET
TABLE 66 SMART ULTRASONIC SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 67 SMART ULTRASONIC SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 68 SMART ULTRASONIC SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 69 SMART ULTRASONIC SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.12 OTHER SENSORS
6.12.1 ELECTRICAL CONDUCTIVITY SENSORS
6.12.2 GESTURE SENSORS
6.12.3 RADAR SENSORS
6.12.4 OXIDATION REDUCTION POTENTIAL (ORP) SENSORS
6.12.5 COLOR SENSORS
TABLE 70 OTHER SMART SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 71 OTHER SMART SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 72 OTHER SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 73 OTHER SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
7 SMART SENSORS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 37 SMART SENSORS MARKET, BY TECHNOLOGY
FIGURE 38 MICROELECTROMECHANICAL SYSTEMS (MEMS) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 74 SMART SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD BILLION)
TABLE 75 SMART SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD BILLION)
7.2 MAJOR PACKAGING TYPES CONSIDERED IN SMART SENSORS MARKET
7.2.1 SYSTEM-IN-PACKAGE (SIP)
7.2.1.1 Surging demand for miniaturization to drive demand
7.2.2 SYSTEM-ON-CHIP (SOC)
7.2.2.1 Portability and fast circuit operation to propel market
TABLE 76 TECHNICAL FEATURES OF SYSTEM-IN-PACKAGE (SIP) AND SYSTEM-ON-CHIP (SOC)
7.3 MICROELECTROMECHANICAL SYSTEMS (MEMS)
7.3.1 INCREASING ADOPTION IN VARIOUS PROCESS INDUSTRIES TO BOOST MARKET
TABLE 77 MEMS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 78 MEMS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.3.2 ROLE OF VERY LARGE SCALE INTEGRATION TECHNOLOGY (VLSI)
7.3.3 RELEVANCE OF NANOELECTROMECHANICAL SYSTEMS (NEMS)
FIGURE 39 MERITS AND DEMERITS OF MEMS TECHNOLOGY
7.4 COMPLEMENTARY METAL-OXIDE-SEMICONDUCTOR (CMOS)
7.4.1 LOW STATIC POWER CONSUMPTION AND HIGH NOISE IMMUNITY TO DRIVE DEMAND
FIGURE 40 MERITS AND DEMERITS OF CMOS TECHNOLOGY
TABLE 79 CMOS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 80 CMOS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.5 OTHER TECHNOLOGIES
7.5.1 OPTICAL SPECTROSCOPY
7.5.2 MICROSYSTEMS TECHNOLOGY (MST)
7.5.3 INTEGRATED SMART SENSOR – HYBRID SENSOR
7.5.4 IC-COMPATIBLE 3D MICROSTRUCTURING
7.5.5 APPLICATION-SPECIFIC INTEGRATED CIRCUIT (ASIC)
7.5.6 OPTICAL SENSING
TABLE 81 OTHER TECHNOLOGIES: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 82 OTHER TECHNOLOGIES: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
8 SMART SENSORS MARKET, BY COMPONENT
8.1 INTRODUCTION
FIGURE 41 SMART SENSORS MARKET, BY COMPONENT
FIGURE 42 MICROCONTROLLERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 83 SMART SENSORS MARKET, BY COMPONENT, 2020–2023 (USD BILLION)
TABLE 84 SMART SENSORS MARKET, BY COMPONENT, 2024–2029 (USD BILLION)
8.2 ANALOG-TO-DIGITAL CONVERTERS
8.2.1 OFFER HIGH SAMPLING RATE AND EASY INTEGRATION
8.2.1.1 Advantages of analog-to-digital converters
8.3 DIGITAL-TO-ANALOG CONVERTERS
8.3.1 PROVIDE INTERFACE BETWEEN DIGITAL AND REAL WORLD
8.3.1.1 Advantages of digital-to-analog converters
8.4 TRANSCEIVERS
8.4.1 MAINLY USED IN WIRELESS COMMUNICATION DEVICES
8.4.1.1 Advantages of transceivers
8.5 AMPLIFIERS
8.5.1 HELP INCREASE SIGNAL POWER
8.5.1.1 Advantages of amplifiers
8.6 MICROCONTROLLERS
8.6.1 CONTROL FUNCTIONS OF EMBEDDED SYSTEMS IN GADGETS
8.6.1.1 Advantages of microcontrollers
8.7 OTHER COMPONENTS
9 SMART SENSORS MARKET, BY NETWORK CONNECTIVITY
9.1 INTRODUCTION
FIGURE 43 SMART SENSORS MARKET, BY NETWORK CONNECTIVITY
9.2 WIRED NETWORK CONNECTIVITY
9.2.1 KNX
9.2.2 LONWORKS
9.2.3 ETHERNET
9.2.4 MODBUS
9.2.5 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI)
9.3 WIRELESS NETWORK CONNECTIVITY
9.3.1 ENOCEAN
9.3.2 WI-FI
9.3.3 ZIGBEE
9.3.4 Z-WAVE
9.3.5 NFC
9.3.6 RFID
9.3.7 WIRELESS-HART (WHART)
9.3.8 PROFIBUS
9.3.9 DECT-ULE
9.3.10 BLUETOOTH
9.3.10.1 Bluetooth Smart
9.3.10.2 Wi-Fi/Bluetooth Smart
9.3.10.3 Bluetooth Smart/ANT+
9.3.10.4 Bluetooth 5
9.3.11 OTHERS
10 SMART SENSORS MARKET, BY END-USER INDUSTRY
10.1 INTRODUCTION
FIGURE 44 CONSUMER ELECTRONICS INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 85 SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD BILLION)
TABLE 86 SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD BILLION)
10.2 INDUSTRIAL AUTOMATION
10.2.1 SURGING ADOPTION IN PROCESS INDUSTRIES TO DRIVE MARKET
TABLE 87 SMART SENSORS USED IN INDUSTRIAL AUTOMATION INDUSTRY
TABLE 88 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 89 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 90 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 91 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 BUILDING AUTOMATION
10.3.1 RISING NEED TO MONITOR SURVEILLANCE SYSTEMS TO BOOST DEMAND
TABLE 92 SMART SENSORS USED IN BUILDING AUTOMATION INDUSTRY
TABLE 93 BUILDING AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 94 BUILDING AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 95 BUILDING AUTOMATION: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 96 BUILDING AUTOMATION: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 97 BUILDING AUTOMATION: SMART SENSORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 98 BUILDING AUTOMATION: SMART SENSORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
10.3.2 BY APPLICATION
10.3.2.1 Security & surveillance systems
10.3.2.2 Access control systems
10.3.2.3 Radio frequency identification (RFID) tags
10.3.2.4 Lighting control systems
10.3.2.5 Heating, ventilation, and air-conditioning (HVAC) systems
10.3.2.6 Other applications
10.4 CONSUMER ELECTRONICS
10.4.1 GROWING DEMAND FOR WEARABLE ELECTRONICS TO DRIVE MARKET
TABLE 99 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 100 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 101 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 102 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 103 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 104 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
10.4.2 BY APPLICATION
10.4.2.1 Communications and IT solutions
10.4.2.2 Entertainment solutions
10.4.2.3 Home appliances
10.4.2.4 Wearable electronics
10.5 BIOMEDICAL & HEALTHCARE
10.5.1 DEPLOYMENT OF SMART SENSORS IN LIFE-SUPPORTING INSTRUMENTS TO PROPEL MARKET
TABLE 105 SMART SENSORS USED IN BIOMEDICAL & HEALTHCARE INDUSTRY
TABLE 106 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 107 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 108 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 109 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 AUTOMOTIVE
10.6.1 USE OF SMART SENSORS IN SELF-DRIVING CARS TO FUEL MARKET
TABLE 110 SMART SENSORS USED IN AUTOMOTIVE INDUSTRY
TABLE 111 AUTOMOTIVE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 112 AUTOMOTIVE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 113 AUTOMOTIVE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 114 AUTOMOTIVE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 AEROSPACE & DEFENSE
10.7.1 RISING USE OF SENSORS IN SOLUTIONS FOR MISSION-CRITICAL TASKS TO DRIVE MARKET
TABLE 115 SMART SENSORS USED IN AEROSPACE & DEFENSE INDUSTRY
TABLE 116 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 117 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 118 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 119 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8 OTHER INDUSTRIES
TABLE 120 OTHER INDUSTRIES: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 121 OTHER INDUSTRIES: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 122 OTHER INDUSTRIES: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 123 OTHER INDUSTRIES: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
11 SMART SENSORS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 SMART SENSORS MARKET, BY REGION
FIGURE 46 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 124 SMART SENSORS MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 125 SMART SENSORS MARKET, BY REGION, 2024–2029 (USD BILLION)
11.2 AMERICAS
FIGURE 47 AMERICAS: SMART SENSORS MARKET SNAPSHOT
TABLE 126 AMERICAS: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 127 AMERICAS: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 128 AMERICAS: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 129 AMERICAS: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2.1 AMERICAS: IMPACT OF RECESSION
FIGURE 48 ANALYSIS OF SMART SENSORS MARKET IN AMERICAS: PRE- AND POST-RECESSION SCENARIOS
11.2.2 NORTH AMERICA
TABLE 130 NORTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 131 NORTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.2.1 US
11.2.2.1.1 Growing demand in automotive industry to fuel market
TABLE 132 US: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 133 US: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.2.2 Canada
11.2.2.2.1 Increasing automation in various sectors to drive market
TABLE 134 CANADA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 135 CANADA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.2.3 Mexico
11.2.2.3.1 Rising demand from healthcare sector to boost market
TABLE 136 MEXICO: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 137 MEXICO: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.3 SOUTH AMERICA
11.2.3.1 High demand for consumer electronics to drive market
TABLE 138 SOUTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 139 SOUTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3 EUROPE
FIGURE 49 EUROPE: SMART SENSORS MARKET SNAPSHOT
TABLE 140 EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 141 EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 142 EUROPE: SMART SENSORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 143 EUROPE: SMART SENSORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.3.1 EUROPE: IMPACT OF RECESSION
FIGURE 50 ANALYSIS OF SMART SENSORS MARKET IN EUROPE: PRE- AND POST-RECESSION SCENARIOS
11.3.2 GERMANY
11.3.2.1 Booming automotive industry to drive market growth
TABLE 144 GERMANY: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 145 GERMANY: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.3 UK
11.3.3.1 Consumer electronics industry to drive demand
TABLE 146 UK: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 147 UK: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.4 FRANCE
11.3.4.1 Strong automotive and manufacturing industries to fuel market
TABLE 148 FRANCE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 149 FRANCE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.5 SPAIN
11.3.5.1 Growing demand in aerospace & defense industry to boost market
TABLE 150 SPAIN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 151 SPAIN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.6 REST OF EUROPE
TABLE 152 REST OF EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 153 REST OF EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4 ASIA PACIFIC
FIGURE 51 ASIA PACIFIC: SMART SENSORS MARKET SNAPSHOT
TABLE 154 ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 155 ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 156 ASIA PACIFIC: SMART SENSORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 157 ASIA PACIFIC: SMART SENSORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.4.1 ASIA PACIFIC: IMPACT OF RECESSION
FIGURE 52 ANALYSIS OF SMART SENSORS MARKET IN ASIA PACIFIC: PRE- AND POST-RECESSION SCENARIOS
11.4.2 CHINA
11.4.2.1 Growth in manufacturing industry to propel demand
TABLE 158 CHINA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 159 CHINA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.3 JAPAN
11.4.3.1 Presence of leading sensor manufacturing companies to support market
TABLE 160 JAPAN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 161 JAPAN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.4 INDIA
11.4.4.1 Strong government support for industrial automation to boost demand
TABLE 162 INDIA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 163 INDIA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.5 SOUTH KOREA
11.4.5.1 Increasing demand in electronics and automotive industries to fuel market
TABLE 164 SOUTH KOREA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 165 SOUTH KOREA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.6 REST OF ASIA PACIFIC
TABLE 166 REST OF ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.5 MIDDLE EAST & AFRICA (MEA)
TABLE 168 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 169 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 170 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 171 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
11.5.1 MIDDLE EAST & AFRICA: IMPACT OF RECESSION
FIGURE 53 ANALYSIS OF SMART SENSORS MARKET IN MIDDLE EAST & AFRICA: PRE- AND POST-RECESSION SCENARIOS
11.5.2 GCC COUNTRIES
11.5.2.1 Promotion of domestic electronics manufacturing to support market
11.5.3 AFRICA & REST OF MIDDLE EAST
11.5.3.1 Wide adoption in oil & gas industries to boost demand
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 172 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN SMART SENSORS MARKET
12.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2021–2023
FIGURE 54 THREE-YEAR REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2021–2023
12.4 MARKET SHARE ANALYSIS, 2023
TABLE 173 SMART SENSORS MARKET: DEGREE OF COMPETITION
TABLE 174 SMART SENSORS MARKET: RANKING ANALYSIS
FIGURE 55 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
12.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 56 VALUATION AND FINANCIAL METRICS OF KEY PLAYERS IN SMART SENSORS MARKET
FIGURE 57 EV/EBITDA OF KEY PLAYERS
12.6 BRAND/PRODUCT COMPARISON
FIGURE 58 SMART SENSORS MARKET: TOP TRENDING BRANDS/PRODUCTS
12.7 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 59 SMART SENSORS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT
12.7.5.1 Type footprint
TABLE 175 KEY PLAYERS: TYPE FOOTPRINT (21 COMPANIES)
12.7.5.2 Technology footprint
TABLE 176 KEY PLAYERS: TECHNOLOGY FOOTPRINT (21 COMPANIES)
12.7.5.3 Component footprint
TABLE 177 KEY PLAYERS: COMPONENT FOOTPRINT (21 COMPANIES)
12.7.5.4 End-user industry footprint
TABLE 178 KEY PLAYERS: END-USER INDUSTRY FOOTPRINT (21 COMPANIES)
12.7.5.5 Region footprint
TABLE 179 KEY PLAYERS: REGION FOOTPRINT (21 COMPANIES)
12.7.5.6 Company overall footprint
FIGURE 60 COMPANY OVERALL FOOTPRINT: KEY PLAYERS
12.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 61 SMART SENSORS MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
12.8.5 COMPETITIVE BENCHMARKING
TABLE 180 SMART SENSORS MARKET: KEY START-UPS/SMES
12.8.6 START-UPS/SMES FOOTPRINT
12.8.6.1 Type footprint
TABLE 181 START-UPS/SMES: TYPE FOOTPRINT (4 COMPANIES)
12.8.6.2 Technology footprint
TABLE 182 START-UPS/SMES: TECHNOLOGY FOOTPRINT (4 COMPANIES)
12.8.6.3 Component footprint
TABLE 183 START-UPS/SMES: COMPONENT FOOTPRINT (4 COMPANIES)
12.8.6.4 End-user industry footprint
TABLE 184 START-UPS/SMES: END-USER INDUSTRY FOOTPRINT (4 COMPANIES)
12.8.6.5 Region footprint
TABLE 185 START-UPS/SMES: REGION FOOTPRINT (4 COMPANIES)
12.8.6.6 Company overall footprint
FIGURE 62 COMPANY OVERALL FOOTPRINT: START-UPS/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 186 SMART SENSORS MARKET: PRODUCT LAUNCHES, JANUARY 2021–FEBRUARY 2024
12.9.2 DEALS
TABLE 187 SMART SENSOR MARKET: DEALS, JANUARY 2021–FEBRUARY 2024
13 COMPANY PROFILES
(Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 INTRODUCTION
13.2 KEY PLAYERS
13.2.1 ANALOG DEVICES, INC.
TABLE 188 ANALOG DEVICES, INC.: COMPANY OVERVIEW
FIGURE 63 ANALOG DEVICES, INC.: COMPANY SNAPSHOT
TABLE 189 ANALOG DEVICES, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 190 ANALOG DEVICES, INC.: DEALS
TABLE 191 ANALOG DEVICES, INC.: OTHERS
13.2.2 TE CONNECTIVITY
TABLE 192 TE CONNECTIVITY: COMPANY OVERVIEW
FIGURE 64 TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 193 TE CONNECTIVITY: PRODUCTS/SOLUTIONS OFFERED
TABLE 194 TE CONNECTIVITY: DEALS
13.2.3 INFINEON TECHNOLOGIES AG
TABLE 195 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 65 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 196 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS OFFERED
TABLE 197 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 198 INFINEON TECHNOLOGIES AG: DEALS
TABLE 199 INFINEON TECHNOLOGIES AG: OTHERS
13.2.4 STMICROELECTRONICS
TABLE 200 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 66 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 201 STMICROELECTRONICS: PRODUCTS/SOLUTIONS OFFERED
TABLE 202 STMICROELECTRONICS: PRODUCT LAUNCHES
TABLE 203 STMICROELECTRONICS: DEALS
TABLE 204 STMICROELECTRONICS: OTHERS
13.2.5 ABB
TABLE 205 ABB: COMPANY OVERVIEW
FIGURE 67 ABB: COMPANY SNAPSHOT
TABLE 206 ABB: PRODUCTS/SOLUTIONS OFFERED
TABLE 207 ABB: PRODUCT LAUNCHES
TABLE 208 ABB: DEALS
13.2.6 MICROCHIP TECHNOLOGY INC.
TABLE 209 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW
FIGURE 68 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT
TABLE 210 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 211 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES
TABLE 212 MICROCHIP TECHNOLOGY INC.: OTHERS
13.2.7 NXP SEMICONDUCTORS
TABLE 213 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 69 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 214 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS OFFERED
TABLE 215 NXP SEMICONDUCTORS: DEALS
13.2.8 SIEMENS
TABLE 216 SIEMENS: COMPANY OVERVIEW
FIGURE 70 SIEMENS: COMPANY SNAPSHOT
TABLE 217 SIEMENS: PRODUCTS/SOLUTIONS OFFERED
TABLE 218 SIEMENS: PRODUCT LAUNCHES
13.2.9 ROBERT BOSCH GMBH
TABLE 219 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 71 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 220 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS OFFERED
TABLE 221 ROBERT BOSCH GMBH: PRODUCT LAUNCHES
TABLE 222 ROBERT BOSCH GMBH: DEALS
13.2.10 HONEYWELL INTERNATIONAL INC.
TABLE 223 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 72 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 224 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 225 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 226 HONEYWELL INTERNATIONAL INC.: DEALS
13.3 OTHER PLAYERS
13.3.1 TDK CORPORATION
13.3.2 EATON CORPORATION
13.3.3 EMERSON ELECTRIC CO.
13.3.4 GENERAL ELECTRIC
13.3.5 LEGRAND
13.3.6 TEXAS INSTRUMENTS INCORPORATED
13.3.7 BALLUFF GMBH
13.3.8 SENSIRION AG
13.3.9 QUALCOMM TECHNOLOGIES, INC.
13.3.10 MEMSIC SEMICONDUCTOR CO., LTD.
13.3.11 AIRMAR TECHNOLOGY CORPORATION
13.3.12 VISHAY PRECISION GROUP INC.
13.3.13 GILL SENSORS & CONTROLS LIMITED
13.3.14 MURATA MANUFACTURING CO., LTD.
13.3.15 RENESAS ELECTRONICS CORPORATION
*Details on Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
FIGURE 1 SMART SENSORS MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SMART SENSORS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key participants in primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 RESEARCH FLOW OF MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis
(demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side)
FIGURE 5 APPROACH USED TO CAPTURE MARKET SIZE FROM SUPPLY SIDE
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON SMART SENSORS MARKET
2.6 RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 8 PRESSURE SENSORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 9 MEMS TECHNOLOGY SEGMENT TO RECORD HIGHEST CAGR FROM 2024 TO 2029
FIGURE 10 MICROCONTROLLERS SEGMENT TO REGISTER HIGHEST CAGR FROM 2024 TO 2029
FIGURE 11 CONSUMER ELECTRONICS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 12 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN SMART SENSORS MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 MAJOR OPPORTUNITIES FOR PLAYERS IN SMART SENSORS MARKET
FIGURE 13 GROWING ADOPTION OF INDUSTRY 4.0 TO BOOST MARKET GROWTH
4.2 SMART SENSORS MARKET, BY TECHNOLOGY
FIGURE 14 MICROELECTROMECHANICAL SYSTEMS (MEMS) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 SMART SENSORS MARKET, BY TYPE
FIGURE 15 PRESSURE SENSORS SEGMENT TO DOMINATE MARKET IN 2029
4.4 SMART SENSORS MARKET IN NORTH AMERICA, BY END-USER INDUSTRY AND COUNTRY
FIGURE 16 CONSUMER ELECTRONICS SEGMENT AND US LED MARKET IN NORTH AMERICA IN 2024
4.5 SMART SENSORS MARKET, BY END-USER INDUSTRY
FIGURE 17 CONSUMER ELECTRONICS INDUSTRY TO HOLD LARGEST MARKET SHARE IN 2029
4.6 SMART SENSORS MARKET, BY COUNTRY
FIGURE 18 INDIA TO RECORD HIGHEST CAGR IN GLOBAL SMART SENSORS MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SMART SENSORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Surging demand for IoT-based devices and consumer electronics
TABLE 1 COMPARATIVE STUDY OF VARIOUS SMARTPHONE BRANDS (SHIPMENTS IN MILLION UNITS)
5.2.1.2 Increasing use of smart sensors to meet Industry 4.0 requirements
5.2.1.3 High demand for smart sensors in automobile industry
5.2.1.4 Increasing demand for wireless technology to monitor and control security devices
FIGURE 20 IMPACT OF DRIVERS ON SMART SENSORS MARKET
5.2.2 RESTRAINTS
5.2.2.1 High installation and maintenance costs
FIGURE 21 IMPACT OF RESTRAINTS ON SMART SENSORS MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for smart sensor-enabled wearable devices
TABLE 2 COMPARATIVE STUDY OF VARIOUS WEARABLE DEVICE BRANDS (SHIPMENTS IN MILLION UNITS)
5.2.3.2 Government support for construction of green buildings
5.2.3.3 Growing need for predictive maintenance in industries
FIGURE 22 IMPACT OF OPPORTUNITIES ON SMART SENSORS MARKET
5.2.4 CHALLENGES
5.2.4.1 Stringent application-based performance requirements
5.2.4.2 Lack of skilled workforce
FIGURE 23 IMPACT OF CHALLENGES ON SMART SENSORS MARKET
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 24 TRENDS INFLUENCING SMART SENSOR BUSINESS OWNERS
5.4 PRICING ANALYSIS
TABLE 3 AVERAGE SELLING PRICE OF TEMPERATURE SENSORS, 2024
TABLE 4 AVERAGE SELLING PRICE OF ANGULAR SENSORS, 2024
TABLE 5 AVERAGE SELLING PRICE OF GAS SENSORS, 2024
5.5 VALUE CHAIN ANALYSIS
FIGURE 25 SMART SENSORS MARKET: VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
FIGURE 26 SMART SENSORS ECOSYSTEM
TABLE 6 ROLE OF PLAYERS IN SMART SENSORS ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 27 FUNDS ACQUIRED BY COMPANIES IN SMART SENSORS MARKET
5.8 TECHNOLOGY TRENDS
5.8.1 GLUCOSE SENSORS (BIOLOGICAL SENSORS)
5.8.2 COGNITIVE SENSING
5.8.3 SEED TECHNOLOGY
5.8.4 UBIQUITOUS SENSOR NETWORKS
5.8.5 PRINTED GAS SENSORS
5.8.6 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) SENSOR TECHNOLOGY
5.8.7 AI SENSOR TECHNOLOGY
5.9 CASE STUDY ANALYSIS
5.9.1 CERN PARTNERS WITH ABB TO ACHIEVE ENERGY EFFICIENCY OBJECTIVES
5.9.2 VARDE MUNICIPALITY USES FILL-LEVEL SENSORS TO REDUCE CO2 EMISSIONS
5.9.3 PRESSAC OFFERS SMART GATEWAY TO MATRIX BOOKING FOR SEAMLESS DATA COLLECTION
5.10 PATENT ANALYSIS
FIGURE 28 COMPANIES WITH SIGNIFICANT NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 7 TOP 20 PATENT OWNERS IN LAST 10 YEARS (US)
FIGURE 29 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2023
TABLE 8 MAJOR PATENTS IN SMART SENSORS MARKET
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO
FIGURE 30 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 902690, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.11.2 EXPORT SCENARIO
FIGURE 31 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 902690, BY COUNTRY, 2018?2022 (USD THOUSAND)
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 TARIFF ANALYSIS
TABLE 9 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 10 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY JAPAN
TABLE 11 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY GERMANY
TABLE 12 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY CHINA
5.12.2 REGULATORY LANDSCAPE
5.12.2.1 Regulatory bodies, government agencies, and other organizations
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.2.2 Codes and standards
TABLE 17 CODES AND STANDARDS RELATED TO SMART SENSORS MARKET
5.13 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 18 SMART SENSORS MARKET: CONFERENCES AND EVENTS
5.14 PORTER'S FIVE FORCES ANALYSIS
TABLE 19 IMPACT OF PORTER'S FIVE FORCES ON SMART SENSORS MARKET
FIGURE 32 SMART SENSORS MARKET: PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES
5.15.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES
6 SMART SENSORS MARKET, BY TYPE
6.1 INTRODUCTION
6.1.1 RISING USE OF SMART DEVICES ACROSS INDUSTRIES
FIGURE 35 GROWING ADOPTION OF SMART SENSORS IN VARIOUS APPLICATIONS
6.1.2 INNOVATION IN SMART SENSORS TO BOOST IOT CAPABILITIES
FIGURE 36 PRESSURE SENSORS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 22 SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 23 SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 24 SMART SENSORS MARKET, BY TYPE, 2020–2023 (MILLION UNITS)
TABLE 25 SMART SENSORS MARKET, BY TYPE, 2024–2029 (MILLION UNITS)
6.2 TEMPERATURE & HUMIDITY SENSORS
6.2.1 INCREASING USE IN BUILDING AUTOMATION, AUTOMOTIVE, AND HEALTHCARE INDUSTRIES TO FUEL MARKET
6.2.2 MAJOR TYPES OF TEMPERATURE SENSORS
6.2.2.1 Thermocouples
6.2.2.2 Thermistors
6.2.2.3 Resistance temperature detectors
6.2.2.4 IR sensors
6.2.2.5 Others
6.2.2.5.1 MEMS technology-based temperature sensors
6.2.2.5.2 USB-based temperature sensors
6.2.2.5.3 Wi-Fi-based temperature sensors
6.2.2.5.4 ZigBee-based temperature sensors
6.2.2.5.5 Bluetooth-based temperature sensors
6.2.2.5.6 RFID temperature sensors
6.2.3 MAJOR TYPES OF HUMIDITY SENSORS
6.2.3.1 Capacitive humidity sensors
6.2.3.2 Resistive humidity sensors
TABLE 26 PROPERTIES OF HUMIDITY SENSORS
TABLE 27 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 28 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 29 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 30 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.3 PRESSURE SENSORS
6.3.1 RISING USE OF MEMS-BASED PRESSURE SENSORS TO DRIVE MARKET
6.3.2 MAJOR TYPES OF PRESSURE SENSORS
6.3.2.1 Differential and gauge
6.3.2.2 Vacuum and absolute
6.3.3 MAJOR PRESSURE SENSING TECHNOLOGIES
6.3.3.1 Piezoresistive pressure sensors
6.3.3.2 Capacitive pressure sensors
6.3.3.3 Electromagnetic pressure sensors
6.3.3.4 Resonant solid-state pressure sensors
6.3.3.5 Optical pressure sensors
TABLE 31 SMART PRESSURE SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 32 SMART PRESSURE SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 33 SMART PRESSURE SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 34 SMART PRESSURE SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.4 FLOW SENSORS
6.4.1 RISING DEMAND ACROSS PROCESS INDUSTRIES TO FUEL MARKET
TABLE 35 UNIT OF FLOW ACCORDING TO MATERIAL
TABLE 36 SMART FLOW SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 37 SMART FLOW SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 38 SMART FLOW SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 39 SMART FLOW SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.5 TOUCH SENSORS
6.5.1 INCREASING USE IN SMARTPHONES TO PROPEL DEMAND
6.5.2 MAJOR TOUCH SENSING TECHNOLOGIES
6.5.2.1 Capacitive sensors
6.5.2.2 Resistive sensors
6.5.2.3 Infrared sensors
TABLE 40 SMART TOUCH SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 41 SMART TOUCH SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 42 SMART TOUCH SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 43 SMART TOUCH SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.6 IMAGE SENSORS
6.6.1 WIDE ADOPTION OF CMOS-BASED IMAGE SENSORS TO DRIVE MARKET
6.6.2 MAJOR IMAGE SENSING TECHNOLOGIES
6.6.2.1 CMOS-based image sensors
6.6.2.2 Fingerprint recognition
6.6.2.3 Iris scanning
TABLE 44 SMART IMAGE SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 45 SMART IMAGE SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 46 SMART IMAGE SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 47 SMART IMAGE SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.7 MOTION & OCCUPANCY SENSORS
6.7.1 MOTION SENSORS
6.7.1.1 Growing demand for smart consumer electronics to fuel market
6.7.2 MAJOR EMBEDDED SENSOR TYPES IN MOTION SENSORS
6.7.2.1 MEMS accelerometers
6.7.2.2 MEMS gyroscopes
6.7.2.3 MEMS magnetometers
6.7.2.4 Sensor combos
6.7.3 OCCUPANCY SENSORS
6.7.3.1 PIR-based occupancy sensors to dominate market
6.7.4 MAJOR TYPES OF OCCUPANCY SENSORS
6.7.4.1 PIR-based sensors
6.7.4.2 Ultrasonic-based sensors
6.7.4.3 Dual technology-based sensors
TABLE 48 SMART MOTION & OCCUPANCY SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 49 SMART MOTION & OCCUPANCY SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 50 SMART MOTION & OCCUPANCY SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 51 SMART MOTION AND OCCUPANCY SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.8 WATER SENSORS
6.8.1 GOVERNMENT REGULATIONS TO PROMOTE MARKET GROWTH
TABLE 52 SMART WATER SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 53 SMART WATER SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
6.8.2 MAJOR TYPES OF WATER SENSORS
6.8.2.1 Turbidity sensors
6.8.2.2 pH sensors
6.8.2.3 Soil moisture sensors
6.8.2.4 Level sensors
6.8.2.5 Dissolved oxygen (DO2) sensors
TABLE 54 SMART WATER SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 55 SMART WATER SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 56 SMART WATER SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 57 SMART WATER SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.9 POSITION SENSORS
6.9.1 INCREASING DEMAND IN AUTOMOTIVE INDUSTRY TO FUEL MARKET
6.9.2 MAJOR TYPES OF POSITION SENSORS
6.9.2.1 Linear position sensors
6.9.2.2 Rotary position sensors
6.9.2.3 Proximity sensors
TABLE 58 SMART POSITION SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 59 SMART POSITION SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 60 SMART POSITION SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 61 SMART POSITION SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.10 LIGHT SENSORS
6.10.1 INCREASED USE IN CONSUMER ELECTRONICS TO BOOST DEMAND
6.10.2 MAJOR TYPES OF LIGHT SENSORS
6.10.2.1 Analog light sensors
6.10.2.2 Digital light sensors
TABLE 62 SMART LIGHT SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 63 SMART LIGHT SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 64 SMART LIGHT SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 65 SMART LIGHT SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.11 ULTRASONIC SENSORS
6.11.1 RISING USE IN INDUSTRIAL AUTOMATION TO DRIVE MARKET
TABLE 66 SMART ULTRASONIC SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 67 SMART ULTRASONIC SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 68 SMART ULTRASONIC SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 69 SMART ULTRASONIC SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
6.12 OTHER SENSORS
6.12.1 ELECTRICAL CONDUCTIVITY SENSORS
6.12.2 GESTURE SENSORS
6.12.3 RADAR SENSORS
6.12.4 OXIDATION REDUCTION POTENTIAL (ORP) SENSORS
6.12.5 COLOR SENSORS
TABLE 70 OTHER SMART SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 71 OTHER SMART SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 72 OTHER SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 73 OTHER SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
7 SMART SENSORS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 37 SMART SENSORS MARKET, BY TECHNOLOGY
FIGURE 38 MICROELECTROMECHANICAL SYSTEMS (MEMS) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 74 SMART SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD BILLION)
TABLE 75 SMART SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD BILLION)
7.2 MAJOR PACKAGING TYPES CONSIDERED IN SMART SENSORS MARKET
7.2.1 SYSTEM-IN-PACKAGE (SIP)
7.2.1.1 Surging demand for miniaturization to drive demand
7.2.2 SYSTEM-ON-CHIP (SOC)
7.2.2.1 Portability and fast circuit operation to propel market
TABLE 76 TECHNICAL FEATURES OF SYSTEM-IN-PACKAGE (SIP) AND SYSTEM-ON-CHIP (SOC)
7.3 MICROELECTROMECHANICAL SYSTEMS (MEMS)
7.3.1 INCREASING ADOPTION IN VARIOUS PROCESS INDUSTRIES TO BOOST MARKET
TABLE 77 MEMS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 78 MEMS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.3.2 ROLE OF VERY LARGE SCALE INTEGRATION TECHNOLOGY (VLSI)
7.3.3 RELEVANCE OF NANOELECTROMECHANICAL SYSTEMS (NEMS)
FIGURE 39 MERITS AND DEMERITS OF MEMS TECHNOLOGY
7.4 COMPLEMENTARY METAL-OXIDE-SEMICONDUCTOR (CMOS)
7.4.1 LOW STATIC POWER CONSUMPTION AND HIGH NOISE IMMUNITY TO DRIVE DEMAND
FIGURE 40 MERITS AND DEMERITS OF CMOS TECHNOLOGY
TABLE 79 CMOS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 80 CMOS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.5 OTHER TECHNOLOGIES
7.5.1 OPTICAL SPECTROSCOPY
7.5.2 MICROSYSTEMS TECHNOLOGY (MST)
7.5.3 INTEGRATED SMART SENSOR – HYBRID SENSOR
7.5.4 IC-COMPATIBLE 3D MICROSTRUCTURING
7.5.5 APPLICATION-SPECIFIC INTEGRATED CIRCUIT (ASIC)
7.5.6 OPTICAL SENSING
TABLE 81 OTHER TECHNOLOGIES: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 82 OTHER TECHNOLOGIES: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
8 SMART SENSORS MARKET, BY COMPONENT
8.1 INTRODUCTION
FIGURE 41 SMART SENSORS MARKET, BY COMPONENT
FIGURE 42 MICROCONTROLLERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 83 SMART SENSORS MARKET, BY COMPONENT, 2020–2023 (USD BILLION)
TABLE 84 SMART SENSORS MARKET, BY COMPONENT, 2024–2029 (USD BILLION)
8.2 ANALOG-TO-DIGITAL CONVERTERS
8.2.1 OFFER HIGH SAMPLING RATE AND EASY INTEGRATION
8.2.1.1 Advantages of analog-to-digital converters
8.3 DIGITAL-TO-ANALOG CONVERTERS
8.3.1 PROVIDE INTERFACE BETWEEN DIGITAL AND REAL WORLD
8.3.1.1 Advantages of digital-to-analog converters
8.4 TRANSCEIVERS
8.4.1 MAINLY USED IN WIRELESS COMMUNICATION DEVICES
8.4.1.1 Advantages of transceivers
8.5 AMPLIFIERS
8.5.1 HELP INCREASE SIGNAL POWER
8.5.1.1 Advantages of amplifiers
8.6 MICROCONTROLLERS
8.6.1 CONTROL FUNCTIONS OF EMBEDDED SYSTEMS IN GADGETS
8.6.1.1 Advantages of microcontrollers
8.7 OTHER COMPONENTS
9 SMART SENSORS MARKET, BY NETWORK CONNECTIVITY
9.1 INTRODUCTION
FIGURE 43 SMART SENSORS MARKET, BY NETWORK CONNECTIVITY
9.2 WIRED NETWORK CONNECTIVITY
9.2.1 KNX
9.2.2 LONWORKS
9.2.3 ETHERNET
9.2.4 MODBUS
9.2.5 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI)
9.3 WIRELESS NETWORK CONNECTIVITY
9.3.1 ENOCEAN
9.3.2 WI-FI
9.3.3 ZIGBEE
9.3.4 Z-WAVE
9.3.5 NFC
9.3.6 RFID
9.3.7 WIRELESS-HART (WHART)
9.3.8 PROFIBUS
9.3.9 DECT-ULE
9.3.10 BLUETOOTH
9.3.10.1 Bluetooth Smart
9.3.10.2 Wi-Fi/Bluetooth Smart
9.3.10.3 Bluetooth Smart/ANT+
9.3.10.4 Bluetooth 5
9.3.11 OTHERS
10 SMART SENSORS MARKET, BY END-USER INDUSTRY
10.1 INTRODUCTION
FIGURE 44 CONSUMER ELECTRONICS INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 85 SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD BILLION)
TABLE 86 SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD BILLION)
10.2 INDUSTRIAL AUTOMATION
10.2.1 SURGING ADOPTION IN PROCESS INDUSTRIES TO DRIVE MARKET
TABLE 87 SMART SENSORS USED IN INDUSTRIAL AUTOMATION INDUSTRY
TABLE 88 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 89 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 90 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 91 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 BUILDING AUTOMATION
10.3.1 RISING NEED TO MONITOR SURVEILLANCE SYSTEMS TO BOOST DEMAND
TABLE 92 SMART SENSORS USED IN BUILDING AUTOMATION INDUSTRY
TABLE 93 BUILDING AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 94 BUILDING AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 95 BUILDING AUTOMATION: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 96 BUILDING AUTOMATION: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 97 BUILDING AUTOMATION: SMART SENSORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 98 BUILDING AUTOMATION: SMART SENSORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
10.3.2 BY APPLICATION
10.3.2.1 Security & surveillance systems
10.3.2.2 Access control systems
10.3.2.3 Radio frequency identification (RFID) tags
10.3.2.4 Lighting control systems
10.3.2.5 Heating, ventilation, and air-conditioning (HVAC) systems
10.3.2.6 Other applications
10.4 CONSUMER ELECTRONICS
10.4.1 GROWING DEMAND FOR WEARABLE ELECTRONICS TO DRIVE MARKET
TABLE 99 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 100 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 101 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 102 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 103 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 104 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
10.4.2 BY APPLICATION
10.4.2.1 Communications and IT solutions
10.4.2.2 Entertainment solutions
10.4.2.3 Home appliances
10.4.2.4 Wearable electronics
10.5 BIOMEDICAL & HEALTHCARE
10.5.1 DEPLOYMENT OF SMART SENSORS IN LIFE-SUPPORTING INSTRUMENTS TO PROPEL MARKET
TABLE 105 SMART SENSORS USED IN BIOMEDICAL & HEALTHCARE INDUSTRY
TABLE 106 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 107 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 108 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 109 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 AUTOMOTIVE
10.6.1 USE OF SMART SENSORS IN SELF-DRIVING CARS TO FUEL MARKET
TABLE 110 SMART SENSORS USED IN AUTOMOTIVE INDUSTRY
TABLE 111 AUTOMOTIVE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 112 AUTOMOTIVE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 113 AUTOMOTIVE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 114 AUTOMOTIVE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 AEROSPACE & DEFENSE
10.7.1 RISING USE OF SENSORS IN SOLUTIONS FOR MISSION-CRITICAL TASKS TO DRIVE MARKET
TABLE 115 SMART SENSORS USED IN AEROSPACE & DEFENSE INDUSTRY
TABLE 116 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 117 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 118 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 119 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8 OTHER INDUSTRIES
TABLE 120 OTHER INDUSTRIES: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 121 OTHER INDUSTRIES: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 122 OTHER INDUSTRIES: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 123 OTHER INDUSTRIES: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
11 SMART SENSORS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 SMART SENSORS MARKET, BY REGION
FIGURE 46 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 124 SMART SENSORS MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 125 SMART SENSORS MARKET, BY REGION, 2024–2029 (USD BILLION)
11.2 AMERICAS
FIGURE 47 AMERICAS: SMART SENSORS MARKET SNAPSHOT
TABLE 126 AMERICAS: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 127 AMERICAS: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 128 AMERICAS: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 129 AMERICAS: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2.1 AMERICAS: IMPACT OF RECESSION
FIGURE 48 ANALYSIS OF SMART SENSORS MARKET IN AMERICAS: PRE- AND POST-RECESSION SCENARIOS
11.2.2 NORTH AMERICA
TABLE 130 NORTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 131 NORTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.2.1 US
11.2.2.1.1 Growing demand in automotive industry to fuel market
TABLE 132 US: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 133 US: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.2.2 Canada
11.2.2.2.1 Increasing automation in various sectors to drive market
TABLE 134 CANADA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 135 CANADA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.2.3 Mexico
11.2.2.3.1 Rising demand from healthcare sector to boost market
TABLE 136 MEXICO: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 137 MEXICO: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.2.3 SOUTH AMERICA
11.2.3.1 High demand for consumer electronics to drive market
TABLE 138 SOUTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 139 SOUTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3 EUROPE
FIGURE 49 EUROPE: SMART SENSORS MARKET SNAPSHOT
TABLE 140 EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 141 EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 142 EUROPE: SMART SENSORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 143 EUROPE: SMART SENSORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.3.1 EUROPE: IMPACT OF RECESSION
FIGURE 50 ANALYSIS OF SMART SENSORS MARKET IN EUROPE: PRE- AND POST-RECESSION SCENARIOS
11.3.2 GERMANY
11.3.2.1 Booming automotive industry to drive market growth
TABLE 144 GERMANY: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 145 GERMANY: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.3 UK
11.3.3.1 Consumer electronics industry to drive demand
TABLE 146 UK: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 147 UK: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.4 FRANCE
11.3.4.1 Strong automotive and manufacturing industries to fuel market
TABLE 148 FRANCE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 149 FRANCE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.5 SPAIN
11.3.5.1 Growing demand in aerospace & defense industry to boost market
TABLE 150 SPAIN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 151 SPAIN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.3.6 REST OF EUROPE
TABLE 152 REST OF EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 153 REST OF EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4 ASIA PACIFIC
FIGURE 51 ASIA PACIFIC: SMART SENSORS MARKET SNAPSHOT
TABLE 154 ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 155 ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 156 ASIA PACIFIC: SMART SENSORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 157 ASIA PACIFIC: SMART SENSORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.4.1 ASIA PACIFIC: IMPACT OF RECESSION
FIGURE 52 ANALYSIS OF SMART SENSORS MARKET IN ASIA PACIFIC: PRE- AND POST-RECESSION SCENARIOS
11.4.2 CHINA
11.4.2.1 Growth in manufacturing industry to propel demand
TABLE 158 CHINA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 159 CHINA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.3 JAPAN
11.4.3.1 Presence of leading sensor manufacturing companies to support market
TABLE 160 JAPAN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 161 JAPAN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.4 INDIA
11.4.4.1 Strong government support for industrial automation to boost demand
TABLE 162 INDIA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 163 INDIA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.5 SOUTH KOREA
11.4.5.1 Increasing demand in electronics and automotive industries to fuel market
TABLE 164 SOUTH KOREA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 165 SOUTH KOREA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.4.6 REST OF ASIA PACIFIC
TABLE 166 REST OF ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
11.5 MIDDLE EAST & AFRICA (MEA)
TABLE 168 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)
TABLE 169 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)
TABLE 170 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 171 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION)
11.5.1 MIDDLE EAST & AFRICA: IMPACT OF RECESSION
FIGURE 53 ANALYSIS OF SMART SENSORS MARKET IN MIDDLE EAST & AFRICA: PRE- AND POST-RECESSION SCENARIOS
11.5.2 GCC COUNTRIES
11.5.2.1 Promotion of domestic electronics manufacturing to support market
11.5.3 AFRICA & REST OF MIDDLE EAST
11.5.3.1 Wide adoption in oil & gas industries to boost demand
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 172 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN SMART SENSORS MARKET
12.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2021–2023
FIGURE 54 THREE-YEAR REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2021–2023
12.4 MARKET SHARE ANALYSIS, 2023
TABLE 173 SMART SENSORS MARKET: DEGREE OF COMPETITION
TABLE 174 SMART SENSORS MARKET: RANKING ANALYSIS
FIGURE 55 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
12.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 56 VALUATION AND FINANCIAL METRICS OF KEY PLAYERS IN SMART SENSORS MARKET
FIGURE 57 EV/EBITDA OF KEY PLAYERS
12.6 BRAND/PRODUCT COMPARISON
FIGURE 58 SMART SENSORS MARKET: TOP TRENDING BRANDS/PRODUCTS
12.7 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 59 SMART SENSORS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT
12.7.5.1 Type footprint
TABLE 175 KEY PLAYERS: TYPE FOOTPRINT (21 COMPANIES)
12.7.5.2 Technology footprint
TABLE 176 KEY PLAYERS: TECHNOLOGY FOOTPRINT (21 COMPANIES)
12.7.5.3 Component footprint
TABLE 177 KEY PLAYERS: COMPONENT FOOTPRINT (21 COMPANIES)
12.7.5.4 End-user industry footprint
TABLE 178 KEY PLAYERS: END-USER INDUSTRY FOOTPRINT (21 COMPANIES)
12.7.5.5 Region footprint
TABLE 179 KEY PLAYERS: REGION FOOTPRINT (21 COMPANIES)
12.7.5.6 Company overall footprint
FIGURE 60 COMPANY OVERALL FOOTPRINT: KEY PLAYERS
12.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 61 SMART SENSORS MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
12.8.5 COMPETITIVE BENCHMARKING
TABLE 180 SMART SENSORS MARKET: KEY START-UPS/SMES
12.8.6 START-UPS/SMES FOOTPRINT
12.8.6.1 Type footprint
TABLE 181 START-UPS/SMES: TYPE FOOTPRINT (4 COMPANIES)
12.8.6.2 Technology footprint
TABLE 182 START-UPS/SMES: TECHNOLOGY FOOTPRINT (4 COMPANIES)
12.8.6.3 Component footprint
TABLE 183 START-UPS/SMES: COMPONENT FOOTPRINT (4 COMPANIES)
12.8.6.4 End-user industry footprint
TABLE 184 START-UPS/SMES: END-USER INDUSTRY FOOTPRINT (4 COMPANIES)
12.8.6.5 Region footprint
TABLE 185 START-UPS/SMES: REGION FOOTPRINT (4 COMPANIES)
12.8.6.6 Company overall footprint
FIGURE 62 COMPANY OVERALL FOOTPRINT: START-UPS/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 186 SMART SENSORS MARKET: PRODUCT LAUNCHES, JANUARY 2021–FEBRUARY 2024
12.9.2 DEALS
TABLE 187 SMART SENSOR MARKET: DEALS, JANUARY 2021–FEBRUARY 2024
13 COMPANY PROFILES
(Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 INTRODUCTION
13.2 KEY PLAYERS
13.2.1 ANALOG DEVICES, INC.
TABLE 188 ANALOG DEVICES, INC.: COMPANY OVERVIEW
FIGURE 63 ANALOG DEVICES, INC.: COMPANY SNAPSHOT
TABLE 189 ANALOG DEVICES, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 190 ANALOG DEVICES, INC.: DEALS
TABLE 191 ANALOG DEVICES, INC.: OTHERS
13.2.2 TE CONNECTIVITY
TABLE 192 TE CONNECTIVITY: COMPANY OVERVIEW
FIGURE 64 TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 193 TE CONNECTIVITY: PRODUCTS/SOLUTIONS OFFERED
TABLE 194 TE CONNECTIVITY: DEALS
13.2.3 INFINEON TECHNOLOGIES AG
TABLE 195 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 65 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 196 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS OFFERED
TABLE 197 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 198 INFINEON TECHNOLOGIES AG: DEALS
TABLE 199 INFINEON TECHNOLOGIES AG: OTHERS
13.2.4 STMICROELECTRONICS
TABLE 200 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 66 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 201 STMICROELECTRONICS: PRODUCTS/SOLUTIONS OFFERED
TABLE 202 STMICROELECTRONICS: PRODUCT LAUNCHES
TABLE 203 STMICROELECTRONICS: DEALS
TABLE 204 STMICROELECTRONICS: OTHERS
13.2.5 ABB
TABLE 205 ABB: COMPANY OVERVIEW
FIGURE 67 ABB: COMPANY SNAPSHOT
TABLE 206 ABB: PRODUCTS/SOLUTIONS OFFERED
TABLE 207 ABB: PRODUCT LAUNCHES
TABLE 208 ABB: DEALS
13.2.6 MICROCHIP TECHNOLOGY INC.
TABLE 209 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW
FIGURE 68 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT
TABLE 210 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 211 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES
TABLE 212 MICROCHIP TECHNOLOGY INC.: OTHERS
13.2.7 NXP SEMICONDUCTORS
TABLE 213 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 69 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 214 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS OFFERED
TABLE 215 NXP SEMICONDUCTORS: DEALS
13.2.8 SIEMENS
TABLE 216 SIEMENS: COMPANY OVERVIEW
FIGURE 70 SIEMENS: COMPANY SNAPSHOT
TABLE 217 SIEMENS: PRODUCTS/SOLUTIONS OFFERED
TABLE 218 SIEMENS: PRODUCT LAUNCHES
13.2.9 ROBERT BOSCH GMBH
TABLE 219 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 71 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 220 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS OFFERED
TABLE 221 ROBERT BOSCH GMBH: PRODUCT LAUNCHES
TABLE 222 ROBERT BOSCH GMBH: DEALS
13.2.10 HONEYWELL INTERNATIONAL INC.
TABLE 223 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 72 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 224 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 225 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 226 HONEYWELL INTERNATIONAL INC.: DEALS
13.3 OTHER PLAYERS
13.3.1 TDK CORPORATION
13.3.2 EATON CORPORATION
13.3.3 EMERSON ELECTRIC CO.
13.3.4 GENERAL ELECTRIC
13.3.5 LEGRAND
13.3.6 TEXAS INSTRUMENTS INCORPORATED
13.3.7 BALLUFF GMBH
13.3.8 SENSIRION AG
13.3.9 QUALCOMM TECHNOLOGIES, INC.
13.3.10 MEMSIC SEMICONDUCTOR CO., LTD.
13.3.11 AIRMAR TECHNOLOGY CORPORATION
13.3.12 VISHAY PRECISION GROUP INC.
13.3.13 GILL SENSORS & CONTROLS LIMITED
13.3.14 MURATA MANUFACTURING CO., LTD.
13.3.15 RENESAS ELECTRONICS CORPORATION
*Details on Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
