Global Sensors Market, By Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor,

Published Date: | Report Code : IT1958413

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Sensor integration in systems adds additional value and decreases device life is expected to drive the growth of sensors market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

In almost every vertical sector, the sensors have penetrated, but have the greatest use in consumer electronic goods, followed by automotive and IT & telecom. Smartphones incorporate sensors such as accelerometer, gyroscope, ambient light sensor, proximity sensor, and temperature detector to keep track of parameters and provide automatic control with a centralized system.

Segment Analysis:

It is presumed that radar sensors hold a substantial share of the general sensor market. Image sensors are anticipated to see the greatest development in the industry in the coming years.

It is anticipated that the market segmented on the grounds of nanoelectromechanical systems (NEMS) will be the fastest growers, and that MEMS technology will also be a significant component of the technology segment.

It is estimated that the healthcare sector will develop at a significant pace due to variables such as technological advances in smart sensor systems that give medical devices and equipment innovative and additional characteristics. Doctors use these intelligent sensors to monitor routine check-ups, such as patients ' blood pressure and body temperature. In addition, intelligent devices evaluate the content of heart beat and blood oxygen and transfer medical data to healthcare practitioners through the cloud.

Key Factors Impacting Market Growth:

  • Expansion in the automotive industry

  • Increased demand for sensors in smart city development

  • Sensor integration in systems adds additional value and decreases device life

  • Advances in consumer electronics

Regional Analysis:

By region, the sensors market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of sensors market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. The North America sensors market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.

Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: STMicroelectronics N.V., NXP semiconductors N.V., Infineon Technologies AG, Qualcomm Technologies, Inc., Atmel Corporation., Texas instruments Inc., Robert Bosch GmbH, Johnson controls international PLC, Sony Corporation, and Honeywell International, Inc.

Market Segmentation:

By Type:

  • Radar Sensor

  • Optical Sensor

  • Biosensor

  • Touch Sensor

  • Image Sensor

  • Pressure Sensor

  • Temperature Sensor

  • Proximity & Displacement Sensor

  • Level Sensor

  • Motion & Position Sensor

  • Accelerometer & Speed Sensor

  • Others

By Technology:

  • CMOS

  • MEMS

  • NEMS

  • Others

By End User:

  • Electronics

  • IT & Telecom

  • Industrial

  • Automotive

  • Aerospace & Defense

  • Healthcare, and Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Technology

    • By End User

  • Western Europe:

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Type

    • By Technology

    • By End User

  • Eastern Europe:

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Technology

    • By End User

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Type

    • By Technology

    • By End User

  • Middle East:

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Type

    • By Technology

    • By End User

  • Rest of the World

    • By Region (Latin America, Brazil, Rest of the World)

    • By Type

    • By Technology

    • By End User

Reasons To Buy This Report:

  • Market size estimation of the sensors market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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