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2021
Smart Sensor Market

Smart Sensor Market by Type (Touch Sensor, Image Sensor, Temperature Sensor, Motion Sensor, Position Sensor, and Pressure Sensor) and End Use (Automotive Industry, Consumer Electronics, Industrial, Infrastructure, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A01531
Pages: 240
Mar 2021 | 16498 Views
   
Author(s) : Shantanu Sachan , Vineet Kumar
Tables: 93
Charts: 92
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global smart sensor market size was valued at $37.12 Billion in 2019, and smart sensor market size is projected to reach $91.37 Billion by 2027, to register a CAGR of 14.30% from 2020 to 2027. A smart sensor is an important technological innovation that enables better control and monitoring of different operations. For instance, to sense physical input such as light, heat, motion, moisture, pressure, or any other entity, and respond by producing an output on a display or transmit the information in an electronic form for further processing with the help of signal conditioning, embedded algorithms, and digital interface. These sensors collect highly accurate environmental data with minimum level of noise. 

Smart sensors are applicable in advanced IT solutions, such as machine-to-machine communication and analytics, and to measure fluctuations regarding temperature or pressure acceleration, which are critical for a process. In addition, these devices are implemented in smart grids, smart cities, and smart environments (forest fire control, snow level monitoring, and earthquake early detection); and automobile, defense, sports, and electronic sectors. 

Smart-Sensors-Market,-2020-2027

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The smart sensor industry is currently in its growth stage and is expected to register substantial growth in the future, attributed to high investments in R&D activities by market players and focus of society toward Internet of Things (IoT). Other factors that drive the smart sensor market growth include increase in demand for automobile & electronics and development of smart cities. According to the Edison Foundation, the U.S. installed 65 million smart meters in 2015 and the number of installations increased to 70 million in 2016, comprising more than half households in the country. Such significant adoptions are being supported by the American Recovery and Reinvestment Act of 2009 (ARRA), which includes funding for the Smart Grid Investment Grant (SGIG) program that encourages utilities and municipalities to start implementing smart metering infrastructure in their communities.

The global smart sensor industry is segmented into type, end use, and region. By type, the market is segmented into touch sensor, image sensor, temperature sensor, motion sensor, position sensor, and pressure sensor. The end use segment is divided into automotive industry, consumer electronics, industrial, infrastructure, healthcare, and others. 

Region wise, the smart sensor market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).  Asia-Pacific is the largest segment and the region is expected to develop at a significant growth rate during the forecast period. This is attributed to increase in adoption of smartphones and adoption of smart electronic appliances in residential, commercial, and industrial sectors. 

Leading smart sensor market players such as Eaton, Honeywell International Inc. and Infineon Technologies AG are focusing their investments on technologically advanced and cost-effective products. For instance, in March 2018, Honeywell launched Amazon Alexa voice-ready sensors for hotels. Honeywell's INNCOM e7 Sensors (e7) is the first enterprise grade environmental control and energy management solution that incorporates Amazon Alexa voice control for an effortless guest experience that includes room temperature, lighting, drapery, and amenities services. Such advancements are expected to significantly propel the market growth.

Top Impacting Factors

Factors such as robust demand for smart sensors in automobile sector, growth in trends toward Internet of Things, and rise in demand for smart sensors in development of smart cities majorly drive the market growth. However, incorporation of smart sensors in devices incurs extra value and reduces life of devices. This is expected to hamper the market growth to a certain extent. Furthermore, rise in adoption of wearable devices and various innovative applications in the biomedical sector are expected to offer lucrative market opportunities in the global market.

Smart Sensor Market
By Type

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Image Sensors segment is projected as one of the most lucrative segments.

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Competition Analysis

Competitive analysis and profiles of the major smart sensor market players such as ABB Ltd., Analog Devices, Eaton, Honeywell, Infineon Technologies, NXP Semiconductors N.V., Renesas Electronics, Siemens, STMicroelectronics, and Texas Instruments.

Covid-19 Impact Analysis

The global smart sensor market has been significantly impacted by the COVID-19 outbreak. Production facilities of electronics and semiconductors have been halted, owing to slowdown and unavailability of the workforce across the globe. COVID-19 outbreak has caused a significant and protracted drop in manufacturing utilization, and travel bans & facility closures kept workers out of their factories, which has led to slowdown in growth of the smart sensor market in 2020. However, negative impact of COVID-19 on the smart sensor market is expected to stay for a short period, and by early 2021, the market is anticipated to observe robust recovery rate, owing to extensive demand for installation of IoT devices across numerous industries and rapidly growing initiatives for smart cities and smart grid technologies.

Smart Sensor Market
By End Use

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Automotive segment is expected to secure leading position during forecast period.

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Asian and European countries under lockdowns have suffered major loss of business and revenue, owing to shutdown of manufacturing units in these regions. Operations of production and manufacturing industries have been heavily impacted by outbreak of the COVID-19 disease; thereby, leading to slowdown in growth of the smart sensor market in 2020.  

However, the market is expected to witness a recovery in its growth rate in coming years, owing to growth in focus of organizations to fulfill surge in demand for smart technologies driven by rapid acceleration in IoT-based infrastructure such as smart cities and smart grids across the globe. In addition, the pandemic has increased a number of organizations to modernize their infrastructure with IoT-based sophisticated technology so that production is not hampered, if such pandemic arises in the future.

Smart Sensor Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 15.7% during 2020-2027

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global smart sensor market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall smart sensor market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current smart sensor market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the smart sensor market share of key vendors.
  • The report includes the market trends and the smart sensor market share of key vendors.


Key Market Segments

  • By Type
    • Touch Sensor
    • Image Sensor
    • Temperature Sensor
    • Motion Sensor
    • Position Sensor
    • Gas sensor
    • Light sensor
    • Pressure sensor
    • Others
  • By End Use
    • Automotive
    • Consumer Electronics
    • Industrial
    • Infrastructure
    • Healthcare
    • Others
  • By Region
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • EATON
  • HONEYWELL INTERNATIONAL INC.
  • INFINEON TECHNOLOGIES AG
  • MICROCHIP TECHNOLOGY INC.
  • NXP SEMICONDUCTOR
  • RENESAS ELECTRONICS
  • SIEMENS AG
  • STMICRO ELECTRONICS
  • TEXAS INSTRUMENTS
  • QUALCOMM TECHNOLOGIES, INC.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping smart sensor market
3.3.Patent analysis

3.3.1.Smart sensors, by applicant (2015-2019)
3.3.2.Smart Sensor, by Region (2015-2019)

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Robust demand for smart sensors in the automobile sector
3.4.1.2.Surge in trends toward Internet of Things
3.4.1.3.Growth in demand for smart sensors in development of smart cities

3.4.2.Restraint

3.4.2.1.Incorporating smart sensors in devices incurs extra value and reduces life of device

3.4.3.Opportunity

3.4.3.1.Rise in adoption of wearable devices and innovative application in biomedical sector

3.5.COVID-19 Impact Analysis

3.5.1.Impact on market size
3.5.2.Industry vertical trends, preferences, and budget impact
3.5.3.Key player strategies to tackle COVID-19 impact

CHAPTER 4:SMART SENSOR MARKET, BY TYPE

4.1.Overview
4.2.Touch sensor

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Image sensor

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Temperature sensor

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Motion sensor

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.Position sensor

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

4.7.Gas sensor

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, by region
4.7.3.Market analysis, by country

4.8.Light sensor

4.8.1.Key market trends, growth factors, and opportunities
4.8.2.Market size and forecast, by region
4.8.3.Market analysis, by country

4.9.Pressure sensor

4.9.1.Key market trends, growth factors, and opportunities
4.9.2.Market size and forecast, by region
4.9.3.Market analysis, by country

4.10.Others

4.10.1.Key market trends, growth factors, and opportunities
4.10.2.Market size and forecast, by region
4.10.3.Market analysis, by country

CHAPTER 5:SMART SENSOR MARKET, BY END USE

5.1.Overview
5.2.Automotive

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Consumer electronics

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Industrial

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Infrastructure

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Healthcare

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

5.7.Others

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country

CHAPTER 6:SMART SENSOR MARKET, BY REGION

6.1.Overview
6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by Type
6.2.3.Market size and forecast, by End Use
6.2.4.Market analysis, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by Type
6.2.4.1.2.Market size and forecast, by End Use

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by Type
6.2.4.2.2.Market size and forecast, by End Use

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by Type
6.2.4.3.2.Market size and forecast, by End Use

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by Type
6.3.3.Market size and forecast, by End Use
6.3.4.Market analysis, by country

6.3.4.1.UK

6.3.4.1.1.Market size and forecast, by Type
6.3.4.1.2.Market size and forecast, by End Use

6.3.4.2.Germany

6.3.4.2.1.Market size and forecast, by Type
6.3.4.2.2.Market size and forecast, by End Use

6.3.4.3.France

6.3.4.3.1.Market size and forecast, by Type
6.3.4.3.2.Market size and forecast, by End Use

6.3.4.4.Italy

6.3.4.4.1.Market size and forecast, by Type
6.3.4.4.2.Market size and forecast, by End Use

6.3.4.5.Rest of Europe

6.3.4.5.1.Market size and forecast, by Type
6.3.4.5.2.Market size and forecast, by End Use

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by Type
6.4.3.Market size and forecast, by End Use
6.4.4.Market analysis, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by Type
6.4.4.1.2.Market size and forecast, by End Use

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by Type
6.4.4.2.2.Market size and forecast, by End Use

6.4.4.3.India

6.4.4.3.1.Market size and forecast, by Type
6.4.4.3.2.Market size and forecast, by End Use

6.4.4.4.Rest of Asia-Pacific

6.4.4.4.1.Market size and forecast, by Type
6.4.4.4.2.Market size and forecast, by End Use

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by Type
6.5.3.Market size and forecast, by End Use
6.5.4.Market analysis, by country

6.5.4.1.Latin America

6.5.4.1.1.Market size and forecast, by Type
6.5.4.1.2.Market size and forecast, by End Use

6.5.4.2.Middle East

6.5.4.2.1.Market size and forecast, by Type
6.5.4.2.2.Market size and forecast, by End Use

6.5.4.3.Africa

6.5.4.3.1.Market size and forecast, by Type
6.5.4.3.2.Market size and forecast, by End Use

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction
7.2.Top winning strategies

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

7.3.Product mapping of top 10 player
7.4.Competitive dashboard
7.5.Competitive heatmap

CHAPTER 8:COMPANY PROFILES

8.1.EATON

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.R&D expenditure
8.1.6.Business performance
8.1.7.Key strategic moves and developments

8.2.HONEYWELL INTERNATIONAL INC.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance
8.2.6.Key strategic moves and developments

8.3.INFINEON TECHNOLOGIES AG

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.R&D expenditure
8.3.6.Business performance
8.3.7.Key strategic moves and developments

8.4.MICROCHIP TECHNOLOGY INC.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.R&D expenditure
8.4.6.Business performance
8.4.7.Key strategic moves and developments

8.5.NXP SEMICONDUCTOR

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.RENESAS ELECTRONICS

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.R&D Expenditure
8.6.6.Business performance
8.6.7.Key strategic moves and developments

8.7.SIEMENS AG

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance
8.7.6.Key strategic moves and developments

8.8.STMICROELECTRONICS

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.R&D expenditure
8.8.6.Business performance
8.8.7.Key strategic moves and developments

8.9.TEXAS INSTRUMENTS

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.R&D expenditure
8.9.6.Business performance
8.9.7.Key strategic moves and developments

8.10.QUALCOMM TECHNOLOGIES, INC.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.R&D expenditure
8.10.6.Business performance
8.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.SMART SENSOR MARKET REVENUE FOR TOUCH SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 02.SMART SENSOR MARKET REVENUE FOR IMAGE SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 03.SMART SENSOR MARKET REVENUE FOR TEMPERATURE SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 04.SMART SENSOR MARKET REVENUE FOR MOTION SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 05.SMART SENSOR MARKET REVENUE FOR POSITION SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 06.SMART SENSOR MARKET REVENUE FOR GAS SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 07.SMART SENSOR MARKET REVENUE FOR LIGHT SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 08.SMART SENSOR MARKET REVENUE FOR PRESSURE SENSOR, BY REGION, 2019–2027($MILLION)
TABLE 09.SMART SENSOR MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027($MILLION)
TABLE 10.SMART SENSOR MARKET REVENUE FOR AUTOMOTIVE, BY REGION, 2019–2027($MILLION)
TABLE 11.SMART SENSOR MARKET REVENUE FOR CONSUMER ELECTRONICS, BY REGION, 2019–2027($MILLION)
TABLE 12.SMART SENSOR MARKET REVENUE FOR INDUSTRIAL, BY REGION, 2019–2027($MILLION)
TABLE 13.SMART SENSOR MARKET REVENUE FOR INFRASTRUCTURE, BY REGION, 2019–2027($MILLION)
TABLE 14.SMART SENSOR MARKET REVENUE FOR HEALTHCARE, BY REGION, 2019–2027($MILLION)
TABLE 15.SMART SENSOR MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027($MILLION)
TABLE 16.NORTH AMERICA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 17.NORTH AMERICA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 18.U.S. SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 19.U.S. SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 20.CANADA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 21.CANADA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 22.MEXICO SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 23.MEXICO SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 24.EUROPE SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 25.EUROPE SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 26.UK SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 27.UK SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 28.GERMANY SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 29.GERMANY SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 30.FRANCE SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 31.FRANCE SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 32.ITALY SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 33.ITALY SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 34.REST OF EUROPE SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 35.REST OF EUROPE SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 36.ASIA PACIFIC SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 37.ASIA PACIFIC SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 38.CHINA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 39.CHINA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 40.JAPAN SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 41.JAPAN SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 42.INDIA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 43.INDIA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 44.REST OF ASIA PACIFIC SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 45.REST OF ASIA PACIFIC SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 46.LAMEA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 47.LAMEA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 48.LATIN AMERICA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 49.LATIN AMERICA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 50.MIDDLE EAST SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 51.MIDDLE EAST SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 52.AFRICA SMART SENSOR MARKET REVENUE, BY TYPE, 2019–2027($MILLION)
TABLE 53.AFRICA SMART SENSOR MARKET REVENUE, BY END USE, 2019–2027($MILLION)
TABLE 54.EATON: COMPANY SNAPSHOT
TABLE 55.EATON: OPERATING SEGMENTS
TABLE 56.EATON: PRODUCT PORTFOLIO
TABLE 57.ZEN ECOSYSTEM: KEY MARKET STRATEGIES
TABLE 58.KEY EXECUTIVES
TABLE 59.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 60.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 61.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 62.HONEYWELL INTERNATIONAL INC.: KEY MARKET STRATEGIES
TABLE 63.INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 64.INFINEON TECHNOLOGIES AG: OPERATING SEGMENTS
TABLE 65.INFINEON TECHNOLOGIES AG: PRODUCT PORTFOLIO
TABLE 66.INFINEON TECHNOLOGIES AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 67.MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT
TABLE 68.MICROCHIP TECHNOLOGY INC.: OPERATING SEGMENTS
TABLE 69.MICROCHIP TECHNOLOGY INC.: PRODUCT PORTFOLIO
TABLE 70.MICROCHIP TECHNOLOGY INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 71.COMPANY SNAPSHOT
TABLE 72.NXP: OPERATING SEGMENTS
TABLE 73.NXP: PRODUCT PORTFOLIO
TABLE 74.COMPANY SNAPSHOT
TABLE 75.RENESAS: OPERATING SEGMENTS
TABLE 76.RENESAS: PRODUCT PORTFOLIO
TABLE 77.KEY EXECUTIVES
TABLE 78.GROUPE PSA: COMPANY SNAPSHOT
TABLE 79.SIEMENS AG: OPERATING SEGMENTS
TABLE 80.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 81.SEIMEN AG: KEY MARKET STRATEGIES
TABLE 82.STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
TABLE 83.STMICROELECTRONICS: OPERATING SEGMENTS
TABLE 84.STMICROELECTRONICS: PRODUCT PORTFOLIO
TABLE 85.STMICROELECTRONICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 86.TEXAS INSTRUMENTS: COMPANY SNAPSHOT
TABLE 87.TEXAS INSTRUMENTS: OPERATING SEGMENTS
TABLE 88.TEXAS INSTRUMENTS: PRODUCT PORTFOLIO
TABLE 89.TEXAS INSTRUMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 90.QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 91.QUALCOMM TECHNOLOGIES, INC.: PRODUCT CATEGORY
TABLE 92.QUALCOMM TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 93.QUALCOMM TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY REGION
FIGURE 12.PATENT ANALYSIS, BY REGION
FIGURE 13.GLOBAL SMART SENSOR MARKET, BY TYPE, 2020–2027
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR TOUCH SENSOR, BY COUNTRY,  2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR IMAGE SENSOR, BY COUNTRY,  2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SMART SENSORS MARKET FOR TEMPERATURE SENSOR, BY COUNTRY,  2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR MOTION SENSOR, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR POSITION SENSOR, BY COUNTRY,  2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR GAS SENSOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR LIGHT SENSOR, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR PRESSURE SENSOR, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.GLOBAL SMART SENSOR MARKET, BY END USE, 2020–2027
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR AUTOMOTIVE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR CONSUMER ELECTRONICS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET FOR INDUSTRIAL, BY COUNTRY,  2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SHARE SMART SENSOR MARKET FOR INFRASTRUCTURE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SHARE SMART SENSOR MARKET FOR HEALTHCARE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF SHARE SMART SENSOR MARKET FOR OTHERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 30.GLOBAL SMART SENSOR MARKET, BY REGION, 2020–2027
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET, BY COUNTRY, 2019–2027(%)
FIGURE 32.U.S. SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 33.CANADA SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 34.MEXICO SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET, BY COUNTRY, 2019–2027(%)
FIGURE 36.UK SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 37.GERMANY SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 38.FRANCE SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 39.ITALY SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 40.REST OF EUROPE SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 41.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET, BY COUNTRY, 2019–2027(%)
FIGURE 42.CHINA SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 43.JAPAN SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 44.INDIA SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 46.COMPARATIVE SHARE ANALYSIS OF SMART SENSOR MARKET, BY COUNTRY, 2019–2027(%)
FIGURE 47.LATIN AMERICA SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 48.MIDDLE EAST SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 49.AFRICA SMART SENSOR MARKET REVENUE, 2019–2027($MILLION)
FIGURE 50.TOP WTOP WINNING STRATEGIES, BY YEAR, 2016–2019
FIGURE 51.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019 (%)
FIGURE 52.TOP WINNING STRATEGIES, BY COMPANY, 2015–2018
FIGURE 53.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 54.COMPETITIVE DASHBOARD
FIGURE 55.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 56.R&D EXPENDITURE, 2016-2018 ($MILLION)
FIGURE 57.EATON: NET SALES, 2016–2018 ($MILLION)
FIGURE 58.EATON: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 59.EATON: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 60.HONEYWELL INTERNATIONAL INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 61.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 62.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 63.R&D EXPENDITURE, 2017-2019 ($MILLION)
FIGURE 64.INFINEON TECHNOLOGIES AG: NET SALES, 2017–2019 ($MILLION)
FIGURE 65.INFINEON TECHNOLOGIES AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 66.INFINEON TECHNOLOGIES AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67.R&D EXPENDITURE, 2017-2019 ($MILLION)
FIGURE 68.MICROCHIP TECHNOLOGY INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 69.MICROCHIP TECHNOLOGY INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 70.MICROCHIP TECHNOLOGY INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 71.NXP: NET SALES, 2016–2018 ($MILLION)
FIGURE 72.NXP: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 73.NXP: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 74.R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 75.RENESAS: NET SALES, 2016–2018 ($MILLION)
FIGURE 76.RENESAS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 77.RENESAS: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 78.SIEMENS AG: REVENUE, 2016 & 2018 ($MILLION)
FIGURE 79.SIEMENS AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 80.SIEMENS AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 81.R&D EXPENDITURE, 2016-2018 ($MILLION)
FIGURE 82.STMICROELECTRONICS: NET SALES, 2016–2018 ($MILLION)
FIGURE 83.STMICROELECTRONICS: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 84.STMICROELECTRONICS: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 85.R&D EXPENDITURE, 2016-2018 ($MILLION)
FIGURE 86.TEXAS INSTRUMENTS: NET SALES, 2016–2018 ($MILLION)
FIGURE 87.TEXAS INSTRUMENTS: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 88.TEXAS INSTRUMENTS: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 89.R&D EXPENDITURE, 2017-2019 ($MILLION)
FIGURE 90.QUALCOMM TECHNOLOGIES, INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 91.QUALCOMM TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 92.QUALCOMM TECHNOLOGIES, INC.: REVENUE SHARE BY REGION, 2019 (%)

 
 

According to the insights of the CXOs of leading companies, the smart sensor market holds high potential in the residential sector. The current business scenario experiences rapid development in smart infrastructure and connectivity leading to the readiness to adopt smart sensors, particularly in the developed and the developing regions such as North America, Asia-Pacific, and Europe. Companies in this industry adopt various innovative techniques to provide customers with advanced and innovative features.

Rapid adoption of smart infrastructure in residential and commercial infrastructure, the penetration of IoT and AI based technologies and increased use of smart devices in medical monitoring drive the growth of the global market for smart sensors. However, high cost of products in the developing countries are the barriers to early adoption. This hampers the market growth. Furthermore, technological development by the emerging economies in Asia-Pacific boosts the embedded processors market growth. The ambitious project of 100 smart cities in India is projected to surge the adoption of smarter solutions, since the project is based on the concept of using smart sensors and wireless technology to establish a wide connectivity network.

The smart sensor market provides numerous growth opportunities to the market players such as NXP Semiconductors, STMicroelectronics, Renesas Electronics, and Texas Instruments.

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