Smart Sensor Market Forecast to 2028

Smart Sensor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (MEMS, CMOS, and Others), Type (Temperature and Humidity Sensors, Pressure Sensors, Motion, and Others), and End-use Industry (Consumer Electronics, Automotive, Healthcare, Manufacturing, Retail, and Others)

Report Code : TIPRE00010129 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 19/Apr/2022

According to our latest market study, titled "Smart Sensor Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Type, and End-User Industry," the market is expected to grow from US$ 31,731.1 million in 2021 to US$ 77,747.6 million by 2028. It is estimated to grow at a CAGR of 13.7% between 2021 to 2028.

A smart temperature sensor is a system that includes a temperature sensor, bias circuitry, and an analog-to-digital converter (ADC). When dealing with intense heat, risks, or inaccessible measurement locations, a temperature sensor detects heat to guarantee that a process remains within a particular range, ensuring safe application usage or satisfying a necessary condition. The demand for dependable, high-performance, low-cost sensors is growing, fueling the development of new technologies such as micro-and nanotechnology, which ultimately impacts the smart sensor market growth. Stick-on or printed sensors can be attached to equipment as labels to measure physical factors such as humidity, temperature, and gas pressure. Due to their inexpensive cost, compact size, and ease of use, the sensors are widely used in various sectors, including automobiles, homes, medical devices, the environment, food processing, and chemical. These factors are driving the smart sensor market size.

A temperature sensor's primary application is in a smart home device's smart thermostat. Due to significant consumer interest, incremental technology breakthroughs, and increased accessibility, the total market for smart homes is expected to expand fast, fueling the demand for smart sensors in the smart sensors market. Analog Devices, Inc., STMicroelectronics, TE Connectivity Corporation, Microchip Technology Inc., NXP Semiconductors, and other firms provide a wide range of temperature and humidity sensors to the global smart sensor market.

Humidity sensors are in great demand in the smart sensors market, which (also known as a hygrometer) detect, measure, and report moisture and air temperature. Relative humidity is the ratio of moisture in the air to the most significant quantity of moisture at a given air temperature. When seeking comfort, relative humidity becomes a crucial aspect. Humidity sensors have a wide range of uses. Humidity sensors are used in houses to monitor and prevent diseases caused by humidity. Humidity sensors are also used in residential heating, ventilation, and air conditioning systems (HVAC systems). These are also employed in meteorological stations to record and predict the weather in offices, vehicles, humidors, museums, industrial facilities, and greenhouses.

Based on geography, the smart sensor market is segmented primarily into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In terms of global smart sensor market share, North America accounted for the largest share in 2021.

Analog Devices Inc., Infineon Technologies Inc., STMicroelectronics, TE Connectivity, Microchip Technologies, NXP Semiconductor, Siemens AG, ABB Ltd., Robert Bosch GmbH, and Honeywell International are among the key smart sensor market players. In addition to these, several other smart sensor market players were analyzed to understand the overall market.

In Europe, the demand for electric vehicles (EVs) has surged, and so has the demand for technologies that provide longer ranges versions of electric vehicles that offer the most miles (Kilometers) and increased levels of self-driving and self-parking. EV-specific automakers are more inclined to include highway assist features rather than allowing the vehicle to drive itself. Driverless cars are set to roll out for trials on UK roads, with the UK government providing US$ 20.75 million (Euro £19 million) in funding, which is expected to keep the country at the forefront of automotive technology in the smart sensors market in the near future. Thus, the rising current trends of electric vehicles (EVs) and autonomous vehicles (AVs) are boosting the Europe smart sensor market size.

As per the International Federation of Robotics (IFR), South Korea, Singapore, Japan, Germany, Sweden, Hong Kong, the US, Chinese Taipei (Taiwan), China, and Denmark are the top ten countries with the most automated manufacturing industries in 2020. In South Korea, robots can perform various tasks, including educational, industrial, domestic, and robotic arms, among others. Robotics is also quite popular in Japan. The country is focusing on the advancement and uptake of robots for economic and social reasons, fueling the smart sensor market growth.

Impact of COVID-19 Pandemic on Smart Sensor Market

The outbreak of Covid-19 has caused a significant deterioration in Europe's economic stability and a negative impact on many smart sensors companies' businesses during the initial phase of Covid-19. The coronavirus pandemic in Europe poses significant risks to supply chains and the manufacturing and distribution of products. These risks are caused by restrictions on suppliers' and customers' business activities, restrictions imposed by authorities because of regional, national, or international regulations, and a lack of key employees' availability. During the initial phase of the COVID-19 crisis, several governments worldwide temporarily halted the production of smart sensors, affecting businesses and their international suppliers and customers. This continued to impact the availability of raw materials and components and the volume of smart sensor sales in the smart sensor market, with the situation potentially worsening as the pandemic continued in 2020.

Furthermore, the global travel restrictions imposed due to the pandemic may cause many mergers and acquisitions to be delayed. The coronavirus outbreak could have a materially negative impact on the Group's business operations, financial condition, liquidity, cash flows, and earnings. However, with the smaller number of cases of Covid-19 reported and consumers are more inclined towards personnel vehicles, a rise in sales of vehicles has witnessed, which in turn, is positively impacting the smart sensor market.

The size of the smart sensor market has been derived in accordance with primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the smart sensor market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants in such processes include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the smart sensor market.

According to our latest market study, titled "Smart Sensor Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Type, and End-User Industry," the market is expected to grow from US$ 31,731.1 million in 2021 to US$ 77,747.6 million by 2028. It is estimated to grow at a CAGR of 13.7% from 2021 to 2028.

Growing Popularity of Smart Sensors in Industrial Automation

Smart sensors are pioneer components in industrial control. With the uptake of smart sensors, many industrial verticals are modernizing their state-of-art facilities. The array of smart sensors helps collect data to a central and cloud-based computing resource over the Internet. Asset tracking and predictive maintenance applications run on analytics software's cloud computers that can turn massive amounts of data into actionable information. Many companies are confronted with a diverse selection of smart sensors and device applications to consider when starting their projects.

Further, these sensors can quickly diagnose anomalies under the ISO 10816 vibration monitoring standard, allowing users to evaluate machine vibration through measurements without coding it. This new class of smart sensors is designed with IP66 protection and is ideal for Low-Power Wide-Area Network (LPWAN) applications, such as HVAC systems, pumps, motors, and facility monitoring. In addition, to achieve maximum capacity, users can quickly view and understand the utilization rates of all devices.

As per the International Federation of Robotics (IFR), more than three million industrial robots are used in factories worldwide. New robot installations are expected to cost US$13.2 billion by 2020. South Korea, Singapore, Japan, Germany, Sweden, Hong Kong, the US, Chinese Taipei (Taiwan), China, and Denmark were the top ten countries with the most automated manufacturing industries in 2020. With the inclined growth in automation industry is positively impacting the smart sensor market growth.

As per the United Nations Department of Economic and Social Affairs Population Division, the global trend of urbanization is accelerating. By 2050, more than 6.3 billion people, or 60% of the worldwide population, will be living in cities. Cities, across the world, are dealing with tight budgets and aging infrastructure as more people migrate to cities. Future cities need to be safer, more environmentally friendly, comfortable, efficient, smart, and interactive. With the rising urbanization is positively impacting the smart sensor market size.

Smart sensors are also widely used in biomedical applications to collect and process data to aid in the diagnosis, self-diagnosis, telemedicine, and home monitoring (home care). Smart sensors, such as m-Health or mobile-Health, are simple wearable devices that continuously monitor cardiac activities. Rising Inclination of Smart Sensors in Biomedical Applications are the boosting the smart sensor market. Furthermore, emergence of autonomous vehicles and advancements of technologies is positively impacting the smart sensor market growth.

Additionally, the inclination towards electric vehicles (EVs) has surged, and so has the demand for technologies that provide longer ranges of miles (Kilometers) as smart sensors can improve electric vehicles miles vehicles range, besides, smart sensors also increased levels of self-driving and self-parking, the rising inclination towards electric vehicle is driving the growth of the smart sensor market size.

The increasing proliferation of smart sensors in various industries, ranging from consumer electronics to retail, is pushing the government and companies worldwide to focus and invest in this smart sensor market. APAC is also expected to be the fasted growing regional market for smart sensors market during the forecast period. The rise in governments investments and initiatives, such as Make in India, has attracted many Foreign Direct Investments (FDIs) to invest more in this region, making it lucrative for smart sensor producers positively impacting smart sensor market. Countries, such as India, China, South Korea, and Japan, have a high demand for smart sensors thus many new entrants are investing in smart sensor market. The outbreak of COVID-19 created an opportunity to develop intelligent wireless sensors that help reduce energy consumption while maintaining a high level of efficiency in the MEA. With the surge in military spending, unmanned aerial vehicles (UAVs) and drones are becoming more common in the Middle East thus, many key players are focusing on this region and establishing their business footprints which in turn is supporting the smart sensor market.

Key Findings of Study:

Based on technology, the smart sensor market is segmented into MEMS, CMOS, and Others. In 2021, the MEMS segment led the market with a larger share. It is predicted to increase significantly due to market participants' high investments in R&D activities and society's focus on the Internet of Things (IoT). Other reasons driving the growth of the smart sensor market include an increase in demand for automobiles and electronics and the development of smart cities.

Based on type, the smart sensor market is segmented into temperature & humidity sensors, pressure sensors, motion sensors, position sensors, and others. In terms of smart sensor market share, the temperature & humidity sensors segment accounted for the largest share of the market in 2021. A smart sensor is a significant technical advancement that improves the management and monitoring of various processes. For instance, signal conditioning, embedded algorithms, and the digital interface can be used to sense physical input, such as light, heat, motion, moisture, pressure, or any other entity, and respond by producing an output on display or transmitting the information in an electronic form for further processing. These sensors acquire exact environmental data while having the least amount of noise.

Based on end-use industry, the smart sensor market is segmented into consumer electronics, automotive, healthcare, manufacturing, retail, and others. In terms of smart sensor market share, the consumer electronics segment accounted for the largest share of the market in 2021. Smart sensors may be used in sophisticated IT solutions, such as machine-to-machine communication and analytics, and to detect temperature or pressure acceleration variations, which are crucial for a process. These devices are also utilized in smart grids, smart cities, smart environments (forest fire management, snow level monitoring, and earthquake early detection), and the automobile, defense, sports, and electronics sectors.

The smart sensor market, based on geography, is segmented primarily into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share of the global smart sensor market.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Smart Sensor Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Smart Sensor Market– Key Market Dynamics

5.1 Market Drivers

5.1.1 Extensive adoption of Smart Sensors in IoT-based Devices and Consumer Electronics

5.1.2 Growing Popularity of Smart Sensors in Industrial Automation

5.2 Market Restraints

5.2.1 High Cost and Less Lifespan of Device

5.3 Market Opportunities

5.3.1 Development of Smart Cities

5.4 Future Trends

5.4.1 Emergence of Autonomous Vehicles and Advancements of Technologies

5.4.2 Rising Inclination of Smart Sensors in Biomedical Applications

5.5 Impact Analysis of Drivers and Restraints

6. Smart Sensor Market – Global Market Analysis

6.1 Global Smart Sensor Market Overview

6.2 Global Smart Sensor Market Forecast and Analysis

6.3 Market Positioning – Five Key Players

7. Smart Sensor Market Analysis – By Type

7.1 Overview

7.2 Smart Sensor Market, By Type (2020 and 2028)

7.3 Temperature & Humidity Sensors

7.3.1 Overview

7.3.2 Temperature & Humidity Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Pressure Sensors

7.4.1 Overview

7.4.2 Pressure Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Motion Sensors

7.5.1 Overview

7.5.2 Motion Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Position Sensors

7.6.1 Overview

7.6.2 Position Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

8. Smart Sensor Market – By Technology

8.1 Overview

8.2 Smart Sensor Market, By Technology (2020 and 2028)

8.3 MEMS

8.3.1 Overview

8.3.2 MEMS: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

8.4 CMOS

8.4.1 Overview

8.4.2 CMOS: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9. Smart Sensor Market – By End-Use Industry

9.1 Overview

9.2 Smart Sensor Market, By End-Use Industry (2020 and 2028)

9.3 Consumer Electronics

9.3.1 Overview

9.3.2 Consumer Electronics: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Automotive

9.4.1 Overview

9.4.2 Automotive: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Healthcare

9.5.1 Overview

9.5.2 Healthcare: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Manufacturing

9.6.1 Overview

9.6.2 Manufacturing: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Retail

9.7.1 Overview

9.7.2 Retail: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Others

9.8.1 Overview

9.8.2 Others: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

10. Smart Sensors Market– Geographic Analysis

10.1 Overview

10.2 North America: Smart Sensors Market

10.2.1 Overview

10.2.2 North America: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.2.3 North America: Smart Sensors Market- by Type

10.2.4 North America: Smart Sensors Market- By Technology

10.2.5 North America: Smart Sensors Market- By End-Use Industry

10.2.6 North America: Smart Sensors Market- by Key Country

10.2.6.1 US: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.2.6.1.1 US: Smart Sensors Market– By Type - Revenue and Forecast to 2028 (US$ Million)

10.2.6.1.2 US: Smart Sensors Market- By Technology

10.2.6.1.3 US: Smart Sensors Market- By End-Use Industry

10.2.6.2 Canada: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.2.6.2.1 Canada: Smart Sensors Market– By Type

10.2.6.2.2 Canada: Smart Sensors Market- By Technology

10.2.6.2.3 Canada: Smart Sensors Market- By End-Use Industry

10.2.6.3 Mexico: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.2.6.3.1 Mexico: Smart Sensors Market- by Type

10.2.6.3.2 Mexico: Smart Sensors Market- By Technology

10.2.6.3.3 Mexico: Smart Sensors Market- By End-Use Industry

10.3 Europe: Smart Sensors Market

10.3.1 Overview

10.3.2 Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.3 Europe: Smart Sensors Market- by Type

10.3.4 Europe: Smart Sensors Market- By Technology

10.3.5 Europe: Smart Sensors Market- By End-Use Industry

10.3.6 Europe: Smart Sensors Market- by Key Country

10.3.6.1 Germany: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.6.1.1 Germany: Smart Sensors Market- by Type

10.3.6.1.2 Germany: Smart Sensors Market- By Technology

10.3.6.1.3 Germany: Smart Sensors Market- By End-Use Industry

10.3.6.2 France: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.6.2.1 France: Smart Sensors Market- by Type

10.3.6.2.2 France: Smart Sensors Market- By Technology

10.3.6.2.3 France: Smart Sensors Market- By End-Use Industry

10.3.6.3 Italy: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.6.3.1 Italy: Smart Sensors Market- by Type

10.3.6.3.2 Italy: Smart Sensors Market- By Technology

10.3.6.3.3 Italy: Smart Sensors Market- By End-Use Industry

10.3.6.4 UK: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.6.4.1 UK: Smart Sensors Market- by Type

10.3.6.4.2 UK: Smart Sensors Market- By Technology

10.3.6.4.3 UK: Smart Sensors Market- By End-Use Industry

10.3.6.5 Russia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.6.5.1 Russia: Smart Sensors Market- by Type

10.3.6.5.2 Russia: Smart Sensors Market- By Technology

10.3.6.5.3 Russia: Smart Sensors Market- By End-Use Industry

10.3.6.6 Rest of Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.3.6.6.1 Rest of Europe: Smart Sensors Market- by Type

10.3.6.6.2 Rest of Europe: Smart Sensors Market- By Technology

10.3.6.6.3 Rest of Europe: Smart Sensors Market- By End-Use Industry

10.4 APAC: Smart Sensors Market

10.4.1 Overview

10.4.2 APAC: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.3 APAC: Smart Sensors Market- by Type

10.4.4 APAC: Smart Sensors Market- By Technology

10.4.5 APAC: Smart Sensors Market- By End-Use Industry

10.4.6 APAC: Smart Sensors Market- by Key Country

10.4.6.1 Australia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.6.1.1 Australia: Smart Sensors Market- by Type

10.4.6.1.2 Australia: Smart Sensors Market- By Technology

10.4.6.1.3 Australia: Smart Sensors Market- By End-Use Industry

10.4.6.2 China: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.6.2.1 China: Smart Sensors Market- by Type

10.4.6.2.2 China: Smart Sensors Market- By Technology

10.4.6.2.3 China: Smart Sensors Market- By End-Use Industry

10.4.6.3 India: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.6.3.1 India: Smart Sensors Market- by Type

10.4.6.3.2 India: Smart Sensors Market- By Technology

10.4.6.3.3 India: Smart Sensors Market- By End-Use Industry

10.4.6.4 Japan: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.6.4.1 Japan: Smart Sensors Market- by Type

10.4.6.4.2 Japan: Smart Sensors Market- By Technology

10.4.6.4.3 Japan: Smart Sensors Market- By End-Use Industry

10.4.6.5 South Korea: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.6.5.1 South Korea: Smart Sensors Market- by Type

10.4.6.5.2 South Korea: Smart Sensors Market- By Technology

10.4.6.5.3 South Korea: Smart Sensors Market- By End-Use Industry

10.4.6.6 Rest of APAC: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.4.6.6.1 Rest of APAC: Smart Sensors Market- by Type

10.4.6.6.2 Rest of APAC: Smart Sensors Market- By Technology

10.4.6.6.3 Rest of APAC: Smart Sensors Market- By End-Use Industry

10.5 MEA: Smart Sensors Market

10.5.1 Overview

10.5.2 MEA: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.5.3 MEA: Smart Sensors Market- by Type

10.5.4 MEA: Smart Sensors Market- By Technology

10.5.5 MEA: Smart Sensors Market- By End-Use Industry

10.5.6 MEA: Smart Sensors Market- by Key Country

10.5.6.1 South Africa: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.5.6.1.1 South Africa: Smart Sensors Market- by Type

10.5.6.1.2 South Africa: Smart Sensors Market- By Technology

10.5.6.1.3 South Africa: Smart Sensors Market- By End-Use Industry

10.5.6.2 Saudi Arabia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.5.6.2.1 Saudi Arabia: Smart Sensors Market- by Type

10.5.6.2.2 Saudi Arabia: Smart Sensors Market- By Technology

10.5.6.2.3 Saudi Arabia: Smart Sensors Market- By End-Use Industry

10.5.6.3 UAE: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.5.6.3.1 UAE: Smart Sensors Market- by Type

10.5.6.3.2 UAE: Smart Sensors Market- By Technology

10.5.6.3.3 UAE: Smart Sensors Market- By End-Use Industry

10.5.6.4 Rest of MEA: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.5.6.4.1 Rest of MEA: Smart Sensors Market- by Type

10.5.6.4.2 Rest of MEA: Smart Sensors Market- By Technology

10.5.6.4.3 Rest of MEA: Smart Sensors Market- By End-Use Industry

10.6 SAM: Smart Sensors Market

10.6.1 Overview

10.6.2 SAM: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.6.3 SAM: Smart Sensors Market- by Type

10.6.4 SAM: Smart Sensors Market- By Technology

10.6.5 SAM: Smart Sensors Market- By End-Use Industry

10.6.6 SAM: Smart Sensors Market- by Key Country

10.6.6.1 Brazil: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.6.6.1.1 Brazil: Smart Sensors Market- by Type

10.6.6.1.2 Brazil: Smart Sensors Market- By Technology

10.6.6.1.3 Brazil: Smart Sensors Market- By End-Use Industry

10.6.6.2 Argentina: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.6.6.2.1 Argentina: Smart Sensors Market- by Type

10.6.6.2.2 Argentina: Smart Sensors Market- By Technology

10.6.6.2.3 Argentina: Smart Sensors Market- By End-Use Industry

10.6.6.3 Rest of SAM: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

10.6.6.3.1 Rest of SAM: Smart Sensors Market- by Type

10.6.6.3.2 Rest of SAM: Smart Sensors Market- By Technology

10.6.6.3.3 Rest of SAM: Smart Sensors Market- By End-Use Industry

11. Smart Sensor Market - Covid-19 Impact Analysis

11.1 Overview

11.2 Impact of COVID-19 Pandemic on Global Smart Sensor Market

11.2.1 North America: Impact Assessment of COVID-19 Pandemic

11.2.2 Europe: Impact Assessment of COVID-19 Pandemic

11.2.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.2.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

11.2.5 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

13.1 Analog Devices, Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 INFINEON TECHNOLOGIES AG

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 STMicroelectronics

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 TE Connectivity Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Microchip Technology Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 NXP Semiconductors

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Siemens

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Robert Bosch GmbH

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 ABB Ltd

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Honeywell International Inc.

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. Global Smart Sensor Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2. North America: Smart Sensors Market- by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Smart Sensors Market- By Technology – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Smart Sensors Market- By End-Use Industry – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 7. US: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 14. Europe: Smart Sensors Market- by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Europe: Smart Sensors Market- By Technology – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe: Smart Sensors Market- By End-Use Industry – Revenue and Forecast to 2028 (US$ Million)

Table 17. Germany: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 18. Germany: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 19. Germany: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 20. France: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 21. France: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 22. France: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 23. Italy: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 24. Italy: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 26. UK: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 27. UK: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 28. UK: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 29. Russia: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 30. Russia: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 32. Rest of Europe: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 33. Rest of Europe: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 35. APAC: Smart Sensors Market- by Type – Revenue and Forecast to 2028 (US$ Million)

Table 36. APAC: Smart Sensors Market- By Technology – Revenue and Forecast to 2028 (US$ Million)

Table 37. APAC: Smart Sensors Market- By End-Use Industry – Revenue and Forecast to 2028 (US$ Million)

Table 38. Australia: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 39. Australia: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 40. Australia: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 41. China: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 42. China: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 43. China: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 44. India: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 45. India: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 46. India: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 47. Japan: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 48. Japan: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 49. Japan: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 50. South Korea: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 51. South Korea: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 52. South Korea: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 53. Rest of APAC: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of APAC: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of APAC: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 56. MEA: Smart Sensors Market- by Type – Revenue and Forecast to 2028 (US$ Million)

Table 57. MEA: Smart Sensors Market- By Technology – Revenue and Forecast to 2028 (US$ Million)

Table 58. MEA: Smart Sensors Market- By End-Use Industry – Revenue and Forecast to 2028 (US$ Million)

Table 59. South Africa: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 60. South Africa: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 61. South Africa: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 62. Saudi Arabia: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 63. Saudi Arabia: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 64. Saudi Arabia: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 65. UAE: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 66. UAE: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 67. UAE: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 68. Rest of MEA: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 69. Rest of MEA: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 70. Rest of MEA: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 71. SAM: Smart Sensors Market- by Type – Revenue and Forecast to 2028 (US$ Million)

Table 72. SAM: Smart Sensors Market- By Technology – Revenue and Forecast to 2028 (US$ Million)

Table 73. SAM: Smart Sensors Market- By End-Use Industry – Revenue and Forecast to 2028 (US$ Million)

Table 74. Brazil: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 75. Brazil: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 76. Brazil: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 77. Argentina: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 78. Argentina: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 79. Argentina: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 80. Rest of SAM: Smart Sensors Market- by Type–Revenue and Forecast to 2028 (US$ Million)

Table 81. Rest of SAM: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 82. Rest of SAM: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)

Table 83. List of Abbreviation

LIST OF FIGURES.

Figure 1. Smart Sensor Market Segmentation

Figure 2. Smart Sensor Market Segmentation - Geography

Figure 3. Smart Sensor Market Overview

Figure 4. Smart Sensor Market, By Technology

Figure 5. Smart Sensor Market, By Type

Figure 6. Smart Sensor Market, By End-Use Industry

Figure 7. Smart Sensor Market, By Geography

Figure 8. North America: PEST Analysis

Figure 9. Europe: PEST Analysis

Figure 10. APAC: PEST Analysis

Figure 11. MEA: PEST Analysis

Figure 12. SAM: PEST Analysis

Figure 13. Smart Sensor Market Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Smart sensor Market Impact Analysis of Drivers and Restraints

Figure 16. Global Smart Sensor Market

Figure 17. Global Smart Sensor Market, Forecast and Analysis (US$ Mn)

Figure 18. Smart Sensor Market Revenue Share, By Type (2020 and 2028)

Figure 19. Temperature & Humidity Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Pressure Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Motion Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Position Sensors: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Others: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Smart Sensor Market Revenue Share, By Technology (2020 and 2028)

Figure 25. MEMS: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. CMOS: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Others: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Smart Sensor Market Revenue Share, By End-Use Industry (2020 and 2028)

Figure 29. Consumer Electronics: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Automotive: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Healthcare: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Manufacturing: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Retail: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Others: Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Smart Sensors Market Revenue Share, By Region (2020 and 2028)

Figure 36. North America: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 37. North America: Smart Sensors Market Revenue Share, by Type (2020 and 2028)

Figure 38. North America: Smart Sensors Market Revenue Share, By Technology (2020 and 2028)

Figure 39. North America: Smart Sensors Market Revenue Share, By End-Use Industry (2020 and 2028)

Figure 40. North America: Smart Sensors Market Revenue Share, by Key Country (2020 and 2028)

Figure 41. US: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 42. Canada: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 43. Mexico: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 44. Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 45. Europe: Smart Sensors Market Revenue Share, By Type (2020 and 2028)

Figure 46. Europe: Smart Sensors Market Revenue Share, By Technology (2020 and 2028)

Figure 47. Europe: Smart Sensors Market Revenue Share, By End-Use Industry (2020 and 2028)

Figure 48. Europe: Smart Sensors Market Revenue Share, By Key Country (2020 and 2028)

Figure 49. Germany: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 50. France: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 51. Italy: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 52. UK: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 53. Russia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 54. Rest of Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 55. APAC: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 56. APAC: Smart Sensors Market Revenue Share, By Type (2020 and 2028)

Figure 57. APAC: Smart Sensors Market Revenue Share, By Technology (2020 and 2028)

Figure 58. APAC: Smart Sensors Market Revenue Share, By End-Use Industry (2020 and 2028)

Figure 59. APAC: Smart Sensors Market Revenue Share, By Key Country (2020 and 2028)

Figure 60. Australia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 61. China: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 62. India: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 63. Japan: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 64. South Korea: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 65. Rest of APAC: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 66. MEA: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 67. MEA: Smart Sensors Market Revenue Share, By Type (2020 and 2028)

Figure 68. MEA: Smart Sensors Market Revenue Share, By Technology (2020 and 2028)

Figure 69. MEA: Smart Sensors Market Revenue Share, By End-Use Industry (2020 and 2028)

Figure 70. MEA: Smart Sensors Market Revenue Share, By Key Country (2020 and 2028)

Figure 71. South Africa: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 72. Saudi Arabia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 73. UAE: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 74. Rest of MEA: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 75. SAM: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 76. SAM: Smart Sensors Market Revenue Share, By Type (2020 and 2028)

Figure 77. SAM: Smart Sensors Market Revenue Share, By Technology (2020 and 2028)

Figure 78. SAM: Smart Sensors Market Revenue Share, By End-Use Industry (2020 and 2028)

Figure 79. SAM: Smart Sensors Market Revenue Share, By Key Country (2020 and 2028)

Figure 80. Brazil: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 81. Argentina: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 82. Rest of SAM: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

Figure 83. Impact of COVID-19 Pandemic in North American Country Markets

Figure 84. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 85. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets

List of companies:

1. Analog Devices Inc.

2. Infineon Technologies Inc.

3. STMicroelectronics

4. TE Connectivity

5. Microchip Technologies

6. NXP Semiconductor

7. Siemens AG

8. ABB Ltd.

9. Robert Bosch GmbH

10. Honeywell International Inc.

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart sensor market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global smart sensor market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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