Smart Sensors Market Share, Trend, Segmentation and Forecast 2022
Posted: Feb 16, 2019
In this changing environment, due to the increasing population, excessive use of polluting machines and large amount of wastes the environmental concerns are ever increasing. Due to the increasing population in urban areas cities are expected to face a severe resource scarcity in the near future. Therefore, to avoid the resource scarcity and to solve environmental problems there is a necessity of smart approach. The smart sensors promise to solve all the environmental problems and operate resource efficiency by its numerous solutions such as smart energy, smart building, smart transport and others.
Growing market of smart cities, deployment of smart sensors in healthcare sector and increasing environment safety concern are expected to drive the market during the forecast period 2016-2022. However, high development cost of smart sensors is the major factor hindering the market growth.
The Global Smart Sensors Market is growing rapidly over 21% of CAGR and is expected to reach at USD ~60 billion by the end of forecast period 2022.
Global Smart Sensors Market Segmentation
The global Smart Sensors market has been segmented on the basis of type, technology, end-user and region. On the basis of type, the market is segmented into image sensors, motion sensors, position sensors, pressure sensors, temperature sensors, touch sensors and others. By technology, the market is divided into CMOS and MEMs among others. On the basis of end-user, the market is classified into automotive, consumer electronics, industrial, infrastructure/construction, medical and others.
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Market Research Analysis:
Regional analysis for global smart sensors market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that North America region would evolve as a leader in global Smart Sensors market. North America is the most technically advanced application market due to presence of prominent players, system suppliers, and large semiconductor companies. Europe is expected to be the second highest market in terms of revenue generation. Whereas, Asia-Pacific is expected to witness high growth in the forecast period and projected to grow with approximately 26% CAGR during the forecast period. Technological and industrial growth in Asian countries, such as China and Japan, is giving boost to the smart sensors market in the coming years.
- Sensor manufacturer
- Consumer electronics
- MEMS and CMOS suppliers
- Research institutes
Some of the major players in Global Smart Sensors Market include Rockwell Automation, ABB Ltd., Emerson Electric Company, NXP Semiconductor N.V., Honeywell International Inc., Eaton Corporation PLC, Renesas Electronics Corporation, Texas Instruments, Yokogawa electric Corporation, and Omron Corporation.
- The global smart Sensors market is expected to reach USD 60 billion by 2022, growing with approximately 21% of CAGR during forecast period 2016-2022.
- By Type, Smart Image Sensors are dominating the market and has generated USD 5.18 billion in 2016. Whereas, Smart Touch sensor is expected to grow with fastest growing 27.51 % CAGR
- By Technology, CMOS based smart sensors is dominating the market and expected generate USD 40 billion market by 2022 and growing with 25.01% CAGR.
- North America is expected to dominate the market of smart sensors market throughout the forecast period.
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TABLE OF CONTENTS
List of Tables
TABLE 1 GLOBAL SMART SENSORS MARKET, BY TYPE, 2016-2022 (USD BILLION) 16
TABLE 2 GLOBAL SMART SENSORS MARKET, 2016-2022 (USD BILLION) 17
TABLE 3 GLOBAL SMART MOTION SENSORS MARKET, 2016 & 2022 (USD BILLION) 18
TABLE 4 GLOBAL SMART POSITION SENSORS MAREKT, 2016 - 2022 (USD BILLION) 19
TABLE 5 GLOBAL SMART PRESSURE SENSORS MAREKT, 2016 -2022 (USD BILLION) 20
TABLE 6 GLOBAL SMART TEMPERATURE SENSORS MAREKT, 2016 -2022 (USD BILLION) 21
TABLE 7 GLOBAL SMART TOUCH SENSORS MAREKT, 2016 -2022 (USD BILLION) 22
TABLE 8 GLOBAL SMART SENSORS MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 24
TABLE 9 GLOBAL CMOS BASED SMART SENSORS MARKET, 2016-2022 (USD BILLION) 25
TABLE 10 GLOBAL MEMS BASED SMART SENSORS MARKET, 2016 & 2022 (USD BILLION) 26
TABLE 11 GLOBAL SMART SENSORS MARKET, BY END-USER, 2016-2022 (USD BILLION) 28
TABLE 12 GLOBAL AUTOMOTIVE INDUSTRY SMART SENSORS MARKET, 2016-2022 (USD BILLION) 29
TABLE 13 GLOBAL CONSUMER ELECTRONICS SMART SENSORS MARKET, 2016-2022 (USD BILLION) 30
TABLE 14 GLOBAL INDUSTRIAL SMART SENSORS MARKET, 2016-2022 (USD BILLION) 31
TABLE 15 GLOBAL INFRASTRUCTURE/CONSTRUCTION SMART SENSORS MARKET, 2016-2022 (USD BILLION) 32
TABLE 16 GLOBAL MEDICAL SMART SENSORS MARKET, 2016-2022 (USD BILLION) 33
TABLE 17 GLOBAL SMART SENSORS MARKET, BY REGION, 2016-2022 (USD BILLION) 35
TABLE 18 NORTH AMERICA SMART SENSORS MARKET, BY COUNTRIES, 2016-2022 (USD BILLION) 37
TABLE 19 NORTH AMERICA SMART SENSORS MARKET, BY TYPE, 2016-2022 (USD BILLION) 38
TABLE 20 NORTH AMERICA SMART SENSORS MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 39
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