Global Smart Sensors market - By Type (Flow Sensors, Image Sensors, Temperature and Humidity Sensors, Pressure Sensors, Touch Sensors, Position Sensors, Motion and Occupancy Sensors, Light Sensors, Water Sensors), Technology (MEMS, Optical Spectroscopy, CMOS), Component (Analog to Digital Coverter, Digital to Analog Coverter, Transceivers, Microcontrollers), Application, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Electronics & Semiconductor | No. of Pages - 133 | Published By - Mordor Intelligence

Report Highlights

The Global Smart Sensors market is valued at USD 4.84 billion in 2016
and is expected to reach a value of USD 17.79 billion by the end of 2022,
growing at a projected CAGR of 24.22 % during the forecast period of 2017 -
2022.. Smart sensors have become an integral part of our daily lives; we interact with several sensors even while performing mundane daily tasks. They are either integrated into other products for providing sensory information or offered as end products in the form of pressure and heart rate sensors. The smart sensor market is highly dynamic. The smart sensor technology is no longer in its infancy; it has been greatly aided by advancements to gain a wider adoption in several application segments. Industrial, healthcare and automotive sectors have attained maturity in this market.

The major drivers for growth in this market are technological advancements in MEMS and high demand for smart sensors in the healthcare industry. The rate of adoption for smart sensors in the healthcare sector has a marked rise owing to performance and reliability improvements. Smart sensors are widely deployed in health monitoring, medical diagnostics and biomedical applications. Conversely, high costs of acquisition coupled with complex design and customization issues may impede the rate of growth in this market.

Smart sensors can be segmented by Type (flow, temperature, pressure, touch, and position), Technology (MEMS and Optical Spectrometry), component (Analog to Digital, Digital to Analog), application (Aerospace & Defense, Technology & Automation, Healthcare, Building Automation, Industrial Automation and Consumer Electronics) and by region (North America, Europe, APAC, Middle East & Africa and Latin America.

Abb Ltd, Airmar Technology Corporation, Beanair, NXP Semiconductors, GIRA Giersiepen GMBH & co KG, Siemens Ag, Infineon technologies AG, Vishay Intertechnology Inc, Eaton Corporation, Sensirion Ag, Honeywell are few of the key players in this market that are mentioned in the report.

What the report offers

Market Definition for Smart Sensors along with identification of key drivers and restraints for the market.

Market analysis for the Smart Sensors Market, with region specific assessments and competition analysis on a global and regional scale.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.  

Identification and analysis of the Macro and Micro factors that affect the smart sensors market on both global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.


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