出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年3月
Smart Sensors Market – Global Forecast to 2029
スマートセンサー市場 : タイプ (温度＆湿度センサー、圧力センサー、モーション＆占有センサー)、テクノロジー (CMOS、MEMS)、コンポーネント (マイクロコントローラー、アンプ、トランシーバー)、エンドユーザーの業界＆地域別 – 2029年までの世界予測
Smart Sensors Market by Type (Temperature & Humidity Sensor, Pressure Sensor, Motion & Occupancy Sensor), Technology (CMOS, MEMS), Component (Microcontrollers, Amplifiers, Transceivers), End-User Industry and Region – Global Forecast to 2029
| ページ数 | 310 |
| 図表数 | 298 |
| 価格 | |
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| マルチユーザライセンス（5名） | USD 6,650 |
| コーポレート（サイト）ライセンス | USD 8,150 |
| エンタープライズライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
Report Overview
The smart sensors market was valued at USD 61.9 billion in 2024 and is projected to reach USD 136.3 billion by 2029; it is expected to grow at a CAGR of 17.1% from 2024 to 2029.
スマートセンサー市場は2024年に619億ドルと評価され、2029年までに1,363億ドルに達すると予測されています。 2024 年から 2029 年にかけて 17.1% の CAGR で成長すると予想されています。
Government support for construction of green buildings, rising demand for smart sensor-enabled wearable devices, and growing need for predictive maintenance in industries provide lucrative opportunities to the smart sensors market.
“Temperature & Humidity sensors segment to register highest growth rate during the forecast period.”
The temperature & humidity sensors segment is expected to record the highest CAGR during the forecast period due to their expanding application areas and increasing demand in various sectors. Temperature and humidity are one of the the major parameters monitored by smart sensors in smart homes and automotives.
Several emerging trends are driving the demand for temperature and humidity sensors in various industries. One of them is the increasing demand for smart home and building automation systems. These systems rely heavily on temperature and humidity sensors to regulate heating, ventilation, and air conditioning (HVAC) systems, resulting in increased energy efficiency and improved comfort. Another trend is the growing use of connected agriculture, where sensors are utilized to monitor and optimize crop growth conditions, including temperature and humidity. This helps in improving agricultural yields and resource management. Lastly, the expansion of the Internet of Things (IoT) has resulted in various devices and appliances becoming connected. This has led to an increased need for environmental monitoring sensors like temperature and humidity sensors to collect data and enable intelligent decision-making.
“MEMS technology segment is expected to register highest growth rate during the forecast period.”
The MEMS technology segment holds the largest market share and is expected to grow with the highest growth rate during the forecast period from 2024 to 2029. MEMS-based sensors are versatile and widely used across various sectors. They have a significant market share in the smart sensor market. They are used in automotive for airbag deployment, tire pressure monitoring, and navigation systems. For consumer electronics, they are used in smartphones and wearables for motion tracking and image stabilization. In industrial automation, they are used for process control, liquid flow monitoring, and vibration monitoring. In healthcare, they are used for blood pressure monitoring, activity monitoring, and acceleration measurement.
“Germany in Europe is expected to hold the largest market share during the forecast period.”
In 2023, Germany accounted for the largest share of the European smart sensors market. Germany has a large number of automobile and chemical manufacturing plants. The growth of the market in this country can be attributed to the fact that Germany has emerged as a global automobile hub in the world. As such, the country witnesses increased demand for automobile sensors that are intelligent and can be used to control and process oil pressure and temperature in automobiles. They also regulate vehicle emission levels, coolant levels, etc. Also, a surge in the adoption of industrial automation and predictive maintenance in various manufacturing industries is likely to drive market growth in Germany.
Following is the breakup of the profiles of the primary participants for the report.
• By Company Type: Tier 1 – 45 %, Tier 2 – 35%, and Tier 3 – 20%
• By Designation: C-Level Executives –32%, Directors- 40%, and Others – 28%
• By Region: Americas– 37%, Europe- 15%, Asia Pacific – 40%, and RoW – 8%
The report profiles key smart sensors market players and analyzes their market shares. Players profiled in this report are Analog Devices, Inc. (US), Infineon Technologies AG (Germany), Texas Instruments Incorporated (US), Microchip Technology Inc. (US), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Siemens (Germany), ABB (Switzerland), etc.
Research Coverage
The report defines, describes, and forecasts the smart sensors market based on Type, Component, Technology, Network Connectivity, End-user Industry, and Region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the smart sensors market. It also analyses competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions conducted by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall high-speed data converter and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Surging demand for IOT-based devices and consumer electronics, increasing use of smart sensors to meet Industry 4.0 requirements, high demand for smart sensors in automobile industry, and increasing demand for wireless technology to monitor and control security devices), restraints (High installation and maintenance costs), opportunities (Rising demand for smart sensor-enabled wearable devices, government support for construction of green buildings, and growing need for predictive maintenance in industries), and challenges (Stringent application-based performance requirements, and lack of skilled workforce) influencing the growth of the smart sensors market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the smart sensors market
• Market Development: Comprehensive information about lucrative markets – the report analyses the smart sensors market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart sensors market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Analog Devices, Inc. (US), Infineon Technologies AG (Germany), Texas Instruments Incorporated (US), Microchip Technology Inc. (US), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Siemens (Germany), ABB (Switzerland), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), TDK Corporation (Japan), Sensirion AG (Switzerland), Eaton (Ireland), Emerson Electric Co. (US), NXP Semiconductors (Netherlands), General Electric (US), Legrand (France), Balluff GmbH (US), among others in the smart sensors market strategies. The report also helps stakeholders understand the pulse of the smart sensors market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 MARKET DEFINITION 39
1.3 STUDY SCOPE 40
1.3.1 INCLUSIONS AND EXCLUSIONS 40
1.3.2 MARKETS COVERED 41
FIGURE 1 SMART SENSORS MARKET SEGMENTATION 41
1.3.3 REGIONAL SCOPE 42
1.3.4 YEARS CONSIDERED 42
1.4 CURRENCY CONSIDERED 43
1.5 UNIT CONSIDERED 43
1.6 STAKEHOLDERS 43
1.7 SUMMARY OF CHANGES 44
1.8 RECESSION IMPACT 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 2 SMART SENSORS MARKET: RESEARCH DESIGN 45
2.1.1 SECONDARY DATA 46
2.1.1.1 Major secondary sources 46
2.1.1.2 Key data from secondary sources 47
2.1.2 PRIMARY DATA 47
2.1.2.1 Key participants in primary interviews 47
2.1.2.2 Key data from primary sources 48
2.1.2.3 Key industry insights 49
2.1.2.4 Breakdown of primaries 49
2.1.3 SECONDARY AND PRIMARY RESEARCH 50
2.2 MARKET SIZE ESTIMATION 51
FIGURE 3 RESEARCH FLOW OF MARKET SIZE ESTIMATION 51
2.2.1 BOTTOM-UP APPROACH 51
2.2.1.1 Approach to estimate market size using bottom-up analysis
(demand side) 51
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 52
2.2.2 TOP-DOWN APPROACH 52
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side) 53
FIGURE 5 APPROACH USED TO CAPTURE MARKET SIZE FROM SUPPLY SIDE 53
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 53
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 54
FIGURE 7 DATA TRIANGULATION 54
2.4 RESEARCH ASSUMPTIONS 55
2.5 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON SMART SENSORS MARKET 56
2.6 RISK ASSESSMENT 56
2.7 RESEARCH LIMITATIONS 57
3 EXECUTIVE SUMMARY 58
FIGURE 8 PRESSURE SENSORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 59
FIGURE 9 MEMS TECHNOLOGY SEGMENT TO RECORD HIGHEST CAGR FROM 2024 TO 2029 60
FIGURE 10 MICROCONTROLLERS SEGMENT TO REGISTER HIGHEST CAGR FROM 2024 TO 2029 60
FIGURE 11 CONSUMER ELECTRONICS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 61
FIGURE 12 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN SMART SENSORS MARKET DURING FORECAST PERIOD 62
4 PREMIUM INSIGHTS 63
4.1 MAJOR OPPORTUNITIES FOR PLAYERS IN SMART SENSORS MARKET 63
FIGURE 13 GROWING ADOPTION OF INDUSTRY 4.0 TO BOOST MARKET GROWTH 63
4.2 SMART SENSORS MARKET, BY TECHNOLOGY 63
FIGURE 14 MICROELECTROMECHANICAL SYSTEMS (MEMS) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 63
4.3 SMART SENSORS MARKET, BY TYPE 64
FIGURE 15 PRESSURE SENSORS SEGMENT TO DOMINATE MARKET IN 2029 64
4.4 SMART SENSORS MARKET IN NORTH AMERICA, BY END-USER INDUSTRY AND COUNTRY 64
FIGURE 16 CONSUMER ELECTRONICS SEGMENT AND US LED MARKET IN NORTH AMERICA IN 2024 64
4.5 SMART SENSORS MARKET, BY END-USER INDUSTRY 65
FIGURE 17 CONSUMER ELECTRONICS INDUSTRY TO HOLD LARGEST MARKET SHARE IN 2029 65
4.6 SMART SENSORS MARKET, BY COUNTRY 65
FIGURE 18 INDIA TO RECORD HIGHEST CAGR IN GLOBAL SMART SENSORS MARKET DURING FORECAST PERIOD 65
5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 19 SMART SENSORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 66
5.2.1 DRIVERS 67
5.2.1.1 Surging demand for IoT-based devices and consumer electronics 67
TABLE 1 COMPARATIVE STUDY OF VARIOUS SMARTPHONE BRANDS (SHIPMENTS IN MILLION UNITS) 67
5.2.1.2 Increasing use of smart sensors to meet Industry 4.0 requirements 67
5.2.1.3 High demand for smart sensors in automobile industry 68
5.2.1.4 Increasing demand for wireless technology to monitor and control security devices 69
FIGURE 20 IMPACT OF DRIVERS ON SMART SENSORS MARKET 69
5.2.2 RESTRAINTS 69
5.2.2.1 High installation and maintenance costs 69
FIGURE 21 IMPACT OF RESTRAINTS ON SMART SENSORS MARKET 70
5.2.3 OPPORTUNITIES 70
5.2.3.1 Rising demand for smart sensor-enabled wearable devices 70
TABLE 2 COMPARATIVE STUDY OF VARIOUS WEARABLE DEVICE BRANDS (SHIPMENTS IN MILLION UNITS) 70
5.2.3.2 Government support for construction of green buildings 71
5.2.3.3 Growing need for predictive maintenance in industries 71
FIGURE 22 IMPACT OF OPPORTUNITIES ON SMART SENSORS MARKET 72
5.2.4 CHALLENGES 72
5.2.4.1 Stringent application-based performance requirements 72
5.2.4.2 Lack of skilled workforce 72
FIGURE 23 IMPACT OF CHALLENGES ON SMART SENSORS MARKET 73
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 73
FIGURE 24 TRENDS INFLUENCING SMART SENSOR BUSINESS OWNERS 73
5.4 PRICING ANALYSIS 74
TABLE 3 AVERAGE SELLING PRICE OF TEMPERATURE SENSORS, 2024 74
TABLE 4 AVERAGE SELLING PRICE OF ANGULAR SENSORS, 2024 74
TABLE 5 AVERAGE SELLING PRICE OF GAS SENSORS, 2024 74
5.5 VALUE CHAIN ANALYSIS 75
FIGURE 25 SMART SENSORS MARKET: VALUE CHAIN ANALYSIS 76
5.6 ECOSYSTEM ANALYSIS 77
FIGURE 26 SMART SENSORS ECOSYSTEM 77
TABLE 6 ROLE OF PLAYERS IN SMART SENSORS ECOSYSTEM 78
5.7 INVESTMENT AND FUNDING SCENARIO 79
FIGURE 27 FUNDS ACQUIRED BY COMPANIES IN SMART SENSORS MARKET 79
5.8 TECHNOLOGY TRENDS 79
5.8.1 GLUCOSE SENSORS (BIOLOGICAL SENSORS) 79
5.8.2 COGNITIVE SENSING 79
5.8.3 SEED TECHNOLOGY 79
5.8.4 UBIQUITOUS SENSOR NETWORKS 79
5.8.5 PRINTED GAS SENSORS 80
5.8.6 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) SENSOR TECHNOLOGY 80
5.8.7 AI SENSOR TECHNOLOGY 80
5.9 CASE STUDY ANALYSIS 81
5.9.1 CERN PARTNERS WITH ABB TO ACHIEVE ENERGY EFFICIENCY OBJECTIVES 81
5.9.2 VARDE MUNICIPALITY USES FILL-LEVEL SENSORS TO REDUCE CO2 EMISSIONS 82
5.9.3 PRESSAC OFFERS SMART GATEWAY TO MATRIX BOOKING FOR SEAMLESS DATA COLLECTION 82
5.10 PATENT ANALYSIS 83
FIGURE 28 COMPANIES WITH SIGNIFICANT NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 83
TABLE 7 TOP 20 PATENT OWNERS IN LAST 10 YEARS (US) 83
FIGURE 29 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2023 84
TABLE 8 MAJOR PATENTS IN SMART SENSORS MARKET 84
5.11 TRADE ANALYSIS 89
5.11.1 IMPORT SCENARIO 89
FIGURE 30 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 902690, BY COUNTRY, 2018–2022 (USD THOUSAND) 89
5.11.2 EXPORT SCENARIO 90
FIGURE 31 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 902690, BY COUNTRY, 2018−2022 (USD THOUSAND) 90
5.12 TARIFF AND REGULATORY LANDSCAPE 90
5.12.1 TARIFF ANALYSIS 90
TABLE 9 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY US 90
TABLE 10 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY JAPAN 91
TABLE 11 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY GERMANY 91
TABLE 12 MFN TARIFFS FOR HS CODE 902690-COMPLIANT PRODUCTS EXPORTED BY CHINA 91
5.12.2 REGULATORY LANDSCAPE 92
5.12.2.1 Regulatory bodies, government agencies, and other organizations 92
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 94
TABLE 16 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 94
5.12.2.2 Codes and standards 95
TABLE 17 CODES AND STANDARDS RELATED TO SMART SENSORS MARKET 95
5.13 KEY CONFERENCES AND EVENTS, 2024–2025 96
TABLE 18 SMART SENSORS MARKET: CONFERENCES AND EVENTS 96
5.14 PORTER’S FIVE FORCES ANALYSIS 97
TABLE 19 IMPACT OF PORTER’S FIVE FORCES ON SMART SENSORS MARKET 97
FIGURE 32 SMART SENSORS MARKET: PORTER’S FIVE FORCES ANALYSIS 98
5.14.1 THREAT OF NEW ENTRANTS 98
5.14.2 THREAT OF SUBSTITUTES 98
5.14.3 BARGAINING POWER OF SUPPLIERS 98
5.14.4 BARGAINING POWER OF BUYERS 99
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 99
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 99
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 99
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES 99
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES 100
5.15.2 BUYING CRITERIA 100
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES 100
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES 100
6 SMART SENSORS MARKET, BY TYPE 101
6.1 INTRODUCTION 102
6.1.1 RISING USE OF SMART DEVICES ACROSS INDUSTRIES 102
FIGURE 35 GROWING ADOPTION OF SMART SENSORS IN VARIOUS APPLICATIONS 102
6.1.2 INNOVATION IN SMART SENSORS TO BOOST IOT CAPABILITIES 103
FIGURE 36 PRESSURE SENSORS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 103
TABLE 22 SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 104
TABLE 23 SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 104
TABLE 24 SMART SENSORS MARKET, BY TYPE, 2020–2023 (MILLION UNITS) 105
TABLE 25 SMART SENSORS MARKET, BY TYPE, 2024–2029 (MILLION UNITS) 106
6.2 TEMPERATURE & HUMIDITY SENSORS 106
6.2.1 INCREASING USE IN BUILDING AUTOMATION, AUTOMOTIVE, AND HEALTHCARE INDUSTRIES TO FUEL MARKET 106
6.2.2 MAJOR TYPES OF TEMPERATURE SENSORS 107
6.2.2.1 Thermocouples 107
6.2.2.2 Thermistors 107
6.2.2.3 Resistance temperature detectors 107
6.2.2.4 IR sensors 107
6.2.2.5 Others 107
6.2.2.5.1 MEMS technology-based temperature sensors 107
6.2.2.5.2 USB-based temperature sensors 108
6.2.2.5.3 Wi-Fi-based temperature sensors 108
6.2.2.5.4 ZigBee-based temperature sensors 108
6.2.2.5.5 Bluetooth-based temperature sensors 108
6.2.2.5.6 RFID temperature sensors 108
6.2.3 MAJOR TYPES OF HUMIDITY SENSORS 108
6.2.3.1 Capacitive humidity sensors 108
6.2.3.2 Resistive humidity sensors 108
TABLE 26 PROPERTIES OF HUMIDITY SENSORS 109
TABLE 27 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 109
TABLE 28 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 109
TABLE 29 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 110
TABLE 30 SMART TEMPERATURE & HUMIDITY SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 110
6.3 PRESSURE SENSORS 111
6.3.1 RISING USE OF MEMS-BASED PRESSURE SENSORS TO DRIVE MARKET 111
6.3.2 MAJOR TYPES OF PRESSURE SENSORS 111
6.3.2.1 Differential and gauge 111
6.3.2.2 Vacuum and absolute 111
6.3.3 MAJOR PRESSURE SENSING TECHNOLOGIES 112
6.3.3.1 Piezoresistive pressure sensors 112
6.3.3.2 Capacitive pressure sensors 112
6.3.3.3 Electromagnetic pressure sensors 112
6.3.3.4 Resonant solid-state pressure sensors 112
6.3.3.5 Optical pressure sensors 112
TABLE 31 SMART PRESSURE SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 112
TABLE 32 SMART PRESSURE SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 113
TABLE 33 SMART PRESSURE SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 113
TABLE 34 SMART PRESSURE SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 114
6.4 FLOW SENSORS 114
6.4.1 RISING DEMAND ACROSS PROCESS INDUSTRIES TO FUEL MARKET 114
TABLE 35 UNIT OF FLOW ACCORDING TO MATERIAL 114
TABLE 36 SMART FLOW SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 115
TABLE 37 SMART FLOW SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 115
TABLE 38 SMART FLOW SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 116
TABLE 39 SMART FLOW SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 116
6.5 TOUCH SENSORS 116
6.5.1 INCREASING USE IN SMARTPHONES TO PROPEL DEMAND 116
6.5.2 MAJOR TOUCH SENSING TECHNOLOGIES 117
6.5.2.1 Capacitive sensors 117
6.5.2.2 Resistive sensors 117
6.5.2.3 Infrared sensors 117
TABLE 40 SMART TOUCH SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 118
TABLE 41 SMART TOUCH SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 118
TABLE 42 SMART TOUCH SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 118
TABLE 43 SMART TOUCH SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 119
6.6 IMAGE SENSORS 119
6.6.1 WIDE ADOPTION OF CMOS-BASED IMAGE SENSORS TO DRIVE MARKET 119
6.6.2 MAJOR IMAGE SENSING TECHNOLOGIES 119
6.6.2.1 CMOS-based image sensors 119
6.6.2.2 Fingerprint recognition 120
6.6.2.3 Iris scanning 120
TABLE 44 SMART IMAGE SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 120
TABLE 45 SMART IMAGE SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 121
TABLE 46 SMART IMAGE SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 121
TABLE 47 SMART IMAGE SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 122
6.7 MOTION & OCCUPANCY SENSORS 122
6.7.1 MOTION SENSORS 122
6.7.1.1 Growing demand for smart consumer electronics to fuel market 122
6.7.2 MAJOR EMBEDDED SENSOR TYPES IN MOTION SENSORS 123
6.7.2.1 MEMS accelerometers 123
6.7.2.2 MEMS gyroscopes 123
6.7.2.3 MEMS magnetometers 123
6.7.2.4 Sensor combos 124
6.7.3 OCCUPANCY SENSORS 124
6.7.3.1 PIR-based occupancy sensors to dominate market 124
6.7.4 MAJOR TYPES OF OCCUPANCY SENSORS 124
6.7.4.1 PIR-based sensors 124
6.7.4.2 Ultrasonic-based sensors 124
6.7.4.3 Dual technology-based sensors 125
TABLE 48 SMART MOTION & OCCUPANCY SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 125
TABLE 49 SMART MOTION & OCCUPANCY SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 125
TABLE 50 SMART MOTION & OCCUPANCY SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 126
TABLE 51 SMART MOTION AND OCCUPANCY SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 126
6.8 WATER SENSORS 127
6.8.1 GOVERNMENT REGULATIONS TO PROMOTE MARKET GROWTH 127
TABLE 52 SMART WATER SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 127
TABLE 53 SMART WATER SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 127
6.8.2 MAJOR TYPES OF WATER SENSORS 128
6.8.2.1 Turbidity sensors 128
6.8.2.2 pH sensors 128
6.8.2.3 Soil moisture sensors 128
6.8.2.4 Level sensors 128
6.8.2.5 Dissolved oxygen (DO2) sensors 128
TABLE 54 SMART WATER SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 129
TABLE 55 SMART WATER SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 129
TABLE 56 SMART WATER SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 129
TABLE 57 SMART WATER SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 130
6.9 POSITION SENSORS 130
6.9.1 INCREASING DEMAND IN AUTOMOTIVE INDUSTRY TO FUEL MARKET 130
6.9.2 MAJOR TYPES OF POSITION SENSORS 130
6.9.2.1 Linear position sensors 130
6.9.2.2 Rotary position sensors 131
6.9.2.3 Proximity sensors 131
TABLE 58 SMART POSITION SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 131
TABLE 59 SMART POSITION SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 131
TABLE 60 SMART POSITION SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 132
TABLE 61 SMART POSITION SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 132
6.10 LIGHT SENSORS 133
6.10.1 INCREASED USE IN CONSUMER ELECTRONICS TO BOOST DEMAND 133
6.10.2 MAJOR TYPES OF LIGHT SENSORS 133
6.10.2.1 Analog light sensors 133
6.10.2.2 Digital light sensors 133
TABLE 62 SMART LIGHT SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 133
TABLE 63 SMART LIGHT SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 134
TABLE 64 SMART LIGHT SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 134
TABLE 65 SMART LIGHT SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 134
6.11 ULTRASONIC SENSORS 135
6.11.1 RISING USE IN INDUSTRIAL AUTOMATION TO DRIVE MARKET 135
TABLE 66 SMART ULTRASONIC SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 135
TABLE 67 SMART ULTRASONIC SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 136
TABLE 68 SMART ULTRASONIC SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 136
TABLE 69 SMART ULTRASONIC SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 137
6.12 OTHER SENSORS 137
6.12.1 ELECTRICAL CONDUCTIVITY SENSORS 137
6.12.2 GESTURE SENSORS 137
6.12.3 RADAR SENSORS 137
6.12.4 OXIDATION REDUCTION POTENTIAL (ORP) SENSORS 138
6.12.5 COLOR SENSORS 138
TABLE 70 OTHER SMART SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 138
TABLE 71 OTHER SMART SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 139
TABLE 72 OTHER SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 139
TABLE 73 OTHER SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 139
7 SMART SENSORS MARKET, BY TECHNOLOGY 140
7.1 INTRODUCTION 141
FIGURE 37 SMART SENSORS MARKET, BY TECHNOLOGY 141
FIGURE 38 MICROELECTROMECHANICAL SYSTEMS (MEMS) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 142
TABLE 74 SMART SENSORS MARKET, BY TECHNOLOGY, 2020–2023 (USD BILLION) 142
TABLE 75 SMART SENSORS MARKET, BY TECHNOLOGY, 2024–2029 (USD BILLION) 142
7.2 MAJOR PACKAGING TYPES CONSIDERED IN SMART SENSORS MARKET 143
7.2.1 SYSTEM-IN-PACKAGE (SIP) 143
7.2.1.1 Surging demand for miniaturization to drive demand 143
7.2.2 SYSTEM-ON-CHIP (SOC) 144
7.2.2.1 Portability and fast circuit operation to propel market 144
TABLE 76 TECHNICAL FEATURES OF SYSTEM-IN-PACKAGE (SIP) AND SYSTEM-ON-CHIP (SOC) 144
7.3 MICROELECTROMECHANICAL SYSTEMS (MEMS) 145
7.3.1 INCREASING ADOPTION IN VARIOUS PROCESS INDUSTRIES TO BOOST MARKET 145
TABLE 77 MEMS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 146
TABLE 78 MEMS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 147
7.3.2 ROLE OF VERY LARGE SCALE INTEGRATION TECHNOLOGY (VLSI) 147
7.3.3 RELEVANCE OF NANOELECTROMECHANICAL SYSTEMS (NEMS) 147
FIGURE 39 MERITS AND DEMERITS OF MEMS TECHNOLOGY 148
7.4 COMPLEMENTARY METAL-OXIDE-SEMICONDUCTOR (CMOS) 148
7.4.1 LOW STATIC POWER CONSUMPTION AND HIGH NOISE IMMUNITY TO DRIVE DEMAND 148
FIGURE 40 MERITS AND DEMERITS OF CMOS TECHNOLOGY 149
TABLE 79 CMOS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 150
TABLE 80 CMOS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 150
7.5 OTHER TECHNOLOGIES 151
7.5.1 OPTICAL SPECTROSCOPY 151
7.5.2 MICROSYSTEMS TECHNOLOGY (MST) 151
7.5.3 INTEGRATED SMART SENSOR – HYBRID SENSOR 151
7.5.4 IC-COMPATIBLE 3D MICROSTRUCTURING 151
7.5.5 APPLICATION-SPECIFIC INTEGRATED CIRCUIT (ASIC) 152
7.5.6 OPTICAL SENSING 152
TABLE 81 OTHER TECHNOLOGIES: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 152
TABLE 82 OTHER TECHNOLOGIES: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 153
8 SMART SENSORS MARKET, BY COMPONENT 154
8.1 INTRODUCTION 155
FIGURE 41 SMART SENSORS MARKET, BY COMPONENT 155
FIGURE 42 MICROCONTROLLERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 156
TABLE 83 SMART SENSORS MARKET, BY COMPONENT, 2020–2023 (USD BILLION) 156
TABLE 84 SMART SENSORS MARKET, BY COMPONENT, 2024–2029 (USD BILLION) 156
8.2 ANALOG-TO-DIGITAL CONVERTERS 157
8.2.1 OFFER HIGH SAMPLING RATE AND EASY INTEGRATION 157
8.2.1.1 Advantages of analog-to-digital converters 157
8.3 DIGITAL-TO-ANALOG CONVERTERS 157
8.3.1 PROVIDE INTERFACE BETWEEN DIGITAL AND REAL WORLD 157
8.3.1.1 Advantages of digital-to-analog converters 158
8.4 TRANSCEIVERS 158
8.4.1 MAINLY USED IN WIRELESS COMMUNICATION DEVICES 158
8.4.1.1 Advantages of transceivers 158
8.5 AMPLIFIERS 158
8.5.1 HELP INCREASE SIGNAL POWER 158
8.5.1.1 Advantages of amplifiers 158
8.6 MICROCONTROLLERS 159
8.6.1 CONTROL FUNCTIONS OF EMBEDDED SYSTEMS IN GADGETS 159
8.6.1.1 Advantages of microcontrollers 159
8.7 OTHER COMPONENTS 159
9 SMART SENSORS MARKET, BY NETWORK CONNECTIVITY 160
9.1 INTRODUCTION 160
FIGURE 43 SMART SENSORS MARKET, BY NETWORK CONNECTIVITY 160
9.2 WIRED NETWORK CONNECTIVITY 161
9.2.1 KNX 161
9.2.2 LONWORKS 161
9.2.3 ETHERNET 162
9.2.4 MODBUS 162
9.2.5 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI) 162
9.3 WIRELESS NETWORK CONNECTIVITY 162
9.3.1 ENOCEAN 162
9.3.2 WI-FI 163
9.3.3 ZIGBEE 163
9.3.4 Z-WAVE 163
9.3.5 NFC 164
9.3.6 RFID 164
9.3.7 WIRELESS-HART (WHART) 164
9.3.8 PROFIBUS 164
9.3.9 DECT-ULE 164
9.3.10 BLUETOOTH 165
9.3.10.1 Bluetooth Smart 165
9.3.10.2 Wi-Fi/Bluetooth Smart 165
9.3.10.3 Bluetooth Smart/ANT+ 165
9.3.10.4 Bluetooth 5 165
9.3.11 OTHERS 165
10 SMART SENSORS MARKET, BY END-USER INDUSTRY 167
10.1 INTRODUCTION 168
FIGURE 44 CONSUMER ELECTRONICS INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 168
TABLE 85 SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD BILLION) 168
TABLE 86 SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD BILLION) 169
10.2 INDUSTRIAL AUTOMATION 170
10.2.1 SURGING ADOPTION IN PROCESS INDUSTRIES TO DRIVE MARKET 170
TABLE 87 SMART SENSORS USED IN INDUSTRIAL AUTOMATION INDUSTRY 170
TABLE 88 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 171
TABLE 89 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 171
TABLE 90 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 172
TABLE 91 INDUSTRIAL AUTOMATION: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 172
10.3 BUILDING AUTOMATION 172
10.3.1 RISING NEED TO MONITOR SURVEILLANCE SYSTEMS TO BOOST DEMAND 172
TABLE 92 SMART SENSORS USED IN BUILDING AUTOMATION INDUSTRY 173
TABLE 93 BUILDING AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 173
TABLE 94 BUILDING AUTOMATION: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 174
TABLE 95 BUILDING AUTOMATION: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 174
TABLE 96 BUILDING AUTOMATION: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 174
TABLE 97 BUILDING AUTOMATION: SMART SENSORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 175
TABLE 98 BUILDING AUTOMATION: SMART SENSORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 175
10.3.2 BY APPLICATION 175
10.3.2.1 Security & surveillance systems 175
10.3.2.2 Access control systems 175
10.3.2.3 Radio frequency identification (RFID) tags 176
10.3.2.4 Lighting control systems 176
10.3.2.5 Heating, ventilation, and air-conditioning (HVAC) systems 177
10.3.2.6 Other applications 177
10.4 CONSUMER ELECTRONICS 177
10.4.1 GROWING DEMAND FOR WEARABLE ELECTRONICS TO DRIVE MARKET 177
TABLE 99 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 178
TABLE 100 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 178
TABLE 101 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 179
TABLE 102 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 179
TABLE 103 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 179
TABLE 104 CONSUMER ELECTRONICS: SMART SENSORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 180
10.4.2 BY APPLICATION 180
10.4.2.1 Communications and IT solutions 180
10.4.2.2 Entertainment solutions 180
10.4.2.3 Home appliances 180
10.4.2.4 Wearable electronics 181
10.5 BIOMEDICAL & HEALTHCARE 182
10.5.1 DEPLOYMENT OF SMART SENSORS IN LIFE-SUPPORTING INSTRUMENTS TO PROPEL MARKET 182
TABLE 105 SMART SENSORS USED IN BIOMEDICAL & HEALTHCARE INDUSTRY 183
TABLE 106 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 183
TABLE 107 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 184
TABLE 108 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 184
TABLE 109 BIOMEDICAL & HEALTHCARE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 185
10.6 AUTOMOTIVE 185
10.6.1 USE OF SMART SENSORS IN SELF-DRIVING CARS TO FUEL MARKET 185
TABLE 110 SMART SENSORS USED IN AUTOMOTIVE INDUSTRY 186
TABLE 111 AUTOMOTIVE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 186
TABLE 112 AUTOMOTIVE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 187
TABLE 113 AUTOMOTIVE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 187
TABLE 114 AUTOMOTIVE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 187
10.7 AEROSPACE & DEFENSE 188
10.7.1 RISING USE OF SENSORS IN SOLUTIONS FOR MISSION-CRITICAL TASKS TO DRIVE MARKET 188
TABLE 115 SMART SENSORS USED IN AEROSPACE & DEFENSE INDUSTRY 188
TABLE 116 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 189
TABLE 117 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 189
TABLE 118 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 190
TABLE 119 AEROSPACE & DEFENSE: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 190
10.8 OTHER INDUSTRIES 190
TABLE 120 OTHER INDUSTRIES: SMART SENSORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 191
TABLE 121 OTHER INDUSTRIES: SMART SENSORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 191
TABLE 122 OTHER INDUSTRIES: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 192
TABLE 123 OTHER INDUSTRIES: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 192
11 SMART SENSORS MARKET, BY REGION 193
11.1 INTRODUCTION 194
FIGURE 45 SMART SENSORS MARKET, BY REGION 194
FIGURE 46 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 194
TABLE 124 SMART SENSORS MARKET, BY REGION, 2020–2023 (USD BILLION) 195
TABLE 125 SMART SENSORS MARKET, BY REGION, 2024–2029 (USD BILLION) 195
11.2 AMERICAS 196
FIGURE 47 AMERICAS: SMART SENSORS MARKET SNAPSHOT 196
TABLE 126 AMERICAS: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 197
TABLE 127 AMERICAS: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 197
TABLE 128 AMERICAS: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 197
TABLE 129 AMERICAS: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 198
11.2.1 AMERICAS: IMPACT OF RECESSION 198
FIGURE 48 ANALYSIS OF SMART SENSORS MARKET IN AMERICAS: PRE- AND POST-RECESSION SCENARIOS 198
11.2.2 NORTH AMERICA 199
TABLE 130 NORTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 199
TABLE 131 NORTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 199
11.2.2.1 US 200
11.2.2.1.1 Growing demand in automotive industry to fuel market 200
TABLE 132 US: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 201
TABLE 133 US: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 201
11.2.2.2 Canada 201
11.2.2.2.1 Increasing automation in various sectors to drive market 201
TABLE 134 CANADA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 202
TABLE 135 CANADA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 202
11.2.2.3 Mexico 202
11.2.2.3.1 Rising demand from healthcare sector to boost market 202
TABLE 136 MEXICO: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 203
TABLE 137 MEXICO: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 203
11.2.3 SOUTH AMERICA 204
11.2.3.1 High demand for consumer electronics to drive market 204
TABLE 138 SOUTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 204
TABLE 139 SOUTH AMERICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 205
11.3 EUROPE 205
FIGURE 49 EUROPE: SMART SENSORS MARKET SNAPSHOT 206
TABLE 140 EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 207
TABLE 141 EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 207
TABLE 142 EUROPE: SMART SENSORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 207
TABLE 143 EUROPE: SMART SENSORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 208
11.3.1 EUROPE: IMPACT OF RECESSION 208
FIGURE 50 ANALYSIS OF SMART SENSORS MARKET IN EUROPE: PRE- AND POST-RECESSION SCENARIOS 208
11.3.2 GERMANY 209
11.3.2.1 Booming automotive industry to drive market growth 209
TABLE 144 GERMANY: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 209
TABLE 145 GERMANY: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 210
11.3.3 UK 210
11.3.3.1 Consumer electronics industry to drive demand 210
TABLE 146 UK: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 210
TABLE 147 UK: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 211
11.3.4 FRANCE 211
11.3.4.1 Strong automotive and manufacturing industries to fuel market 211
TABLE 148 FRANCE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 212
TABLE 149 FRANCE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 212
11.3.5 SPAIN 212
11.3.5.1 Growing demand in aerospace & defense industry to boost market 212
TABLE 150 SPAIN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 213
TABLE 151 SPAIN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 213
11.3.6 REST OF EUROPE 213
TABLE 152 REST OF EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 214
TABLE 153 REST OF EUROPE: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 214
11.4 ASIA PACIFIC 215
FIGURE 51 ASIA PACIFIC: SMART SENSORS MARKET SNAPSHOT 216
TABLE 154 ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 217
TABLE 155 ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 217
TABLE 156 ASIA PACIFIC: SMART SENSORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 217
TABLE 157 ASIA PACIFIC: SMART SENSORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 218
11.4.1 ASIA PACIFIC: IMPACT OF RECESSION 218
FIGURE 52 ANALYSIS OF SMART SENSORS MARKET IN ASIA PACIFIC: PRE- AND POST-RECESSION SCENARIOS 218
11.4.2 CHINA 219
11.4.2.1 Growth in manufacturing industry to propel demand 219
TABLE 158 CHINA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 219
TABLE 159 CHINA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 220
11.4.3 JAPAN 220
11.4.3.1 Presence of leading sensor manufacturing companies to support market 220
TABLE 160 JAPAN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 221
TABLE 161 JAPAN: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 221
11.4.4 INDIA 221
11.4.4.1 Strong government support for industrial automation to boost demand 221
TABLE 162 INDIA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 222
TABLE 163 INDIA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 222
11.4.5 SOUTH KOREA 223
11.4.5.1 Increasing demand in electronics and automotive industries to fuel market 223
TABLE 164 SOUTH KOREA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 223
TABLE 165 SOUTH KOREA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 224
11.4.6 REST OF ASIA PACIFIC 224
TABLE 166 REST OF ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 224
TABLE 167 REST OF ASIA PACIFIC: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 225
11.5 MIDDLE EAST & AFRICA (MEA) 225
TABLE 168 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 225
TABLE 169 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 226
TABLE 170 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY REGION, 2020–2023 (USD MILLION) 226
TABLE 171 MIDDLE EAST & AFRICA: SMART SENSORS MARKET, BY REGION, 2024–2029 (USD MILLION) 226
11.5.1 MIDDLE EAST & AFRICA: IMPACT OF RECESSION 227
FIGURE 53 ANALYSIS OF SMART SENSORS MARKET IN MIDDLE EAST & AFRICA: PRE- AND POST-RECESSION SCENARIOS 227
11.5.2 GCC COUNTRIES 227
11.5.2.1 Promotion of domestic electronics manufacturing to support market 227
11.5.3 AFRICA & REST OF MIDDLE EAST 228
11.5.3.1 Wide adoption in oil & gas industries to boost demand 228
12 COMPETITIVE LANDSCAPE 229
12.1 OVERVIEW 229
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 229
TABLE 172 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN SMART SENSORS MARKET 229
12.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2021–2023 231
FIGURE 54 THREE-YEAR REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2021–2023 231
12.4 MARKET SHARE ANALYSIS, 2023 232
TABLE 173 SMART SENSORS MARKET: DEGREE OF COMPETITION 232
TABLE 174 SMART SENSORS MARKET: RANKING ANALYSIS 232
FIGURE 55 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023 233
12.5 COMPANY VALUATION AND FINANCIAL METRICS 235
FIGURE 56 VALUATION AND FINANCIAL METRICS OF KEY PLAYERS IN SMART SENSORS MARKET 235
FIGURE 57 EV/EBITDA OF KEY PLAYERS 235
12.6 BRAND/PRODUCT COMPARISON 236
FIGURE 58 SMART SENSORS MARKET: TOP TRENDING BRANDS/PRODUCTS 236
12.7 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023 236
12.7.1 STARS 236
12.7.2 EMERGING LEADERS 236
12.7.3 PERVASIVE PLAYERS 237
12.7.4 PARTICIPANTS 237
FIGURE 59 SMART SENSORS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 237
12.7.5 COMPANY FOOTPRINT 238
12.7.5.1 Type footprint 238
TABLE 175 KEY PLAYERS: TYPE FOOTPRINT (21 COMPANIES) 238
12.7.5.2 Technology footprint 239
TABLE 176 KEY PLAYERS: TECHNOLOGY FOOTPRINT (21 COMPANIES) 239
12.7.5.3 Component footprint 240
TABLE 177 KEY PLAYERS: COMPONENT FOOTPRINT (21 COMPANIES) 240
12.7.5.4 End-user industry footprint 241
TABLE 178 KEY PLAYERS: END-USER INDUSTRY FOOTPRINT (21 COMPANIES) 241
12.7.5.5 Region footprint 243
TABLE 179 KEY PLAYERS: REGION FOOTPRINT (21 COMPANIES) 243
12.7.5.6 Company overall footprint 244
FIGURE 60 COMPANY OVERALL FOOTPRINT: KEY PLAYERS 244
12.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 245
12.8.1 PROGRESSIVE COMPANIES 245
12.8.2 RESPONSIVE COMPANIES 245
12.8.3 DYNAMIC COMPANIES 245
12.8.4 STARTING BLOCKS 245
FIGURE 61 SMART SENSORS MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023 246
12.8.5 COMPETITIVE BENCHMARKING 247
TABLE 180 SMART SENSORS MARKET: KEY START-UPS/SMES 247
12.8.6 START-UPS/SMES FOOTPRINT 247
12.8.6.1 Type footprint 247
TABLE 181 START-UPS/SMES: TYPE FOOTPRINT (4 COMPANIES) 247
12.8.6.2 Technology footprint 248
TABLE 182 START-UPS/SMES: TECHNOLOGY FOOTPRINT (4 COMPANIES) 248
12.8.6.3 Component footprint 248
TABLE 183 START-UPS/SMES: COMPONENT FOOTPRINT (4 COMPANIES) 248
12.8.6.4 End-user industry footprint 249
TABLE 184 START-UPS/SMES: END-USER INDUSTRY FOOTPRINT (4 COMPANIES) 249
12.8.6.5 Region footprint 249
TABLE 185 START-UPS/SMES: REGION FOOTPRINT (4 COMPANIES) 249
12.8.6.6 Company overall footprint 250
FIGURE 62 COMPANY OVERALL FOOTPRINT: START-UPS/SMES 250
12.9 COMPETITIVE SCENARIOS AND TRENDS 250
12.9.1 PRODUCT LAUNCHES 250
TABLE 186 SMART SENSORS MARKET: PRODUCT LAUNCHES, JANUARY 2021–FEBRUARY 2024 250
12.9.2 DEALS 252
TABLE 187 SMART SENSOR MARKET: DEALS, JANUARY 2021–FEBRUARY 2024 252
13 COMPANY PROFILES 254
(Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 INTRODUCTION 254
13.2 KEY PLAYERS 254
13.2.1 ANALOG DEVICES, INC. 254
TABLE 188 ANALOG DEVICES, INC.: COMPANY OVERVIEW 255
FIGURE 63 ANALOG DEVICES, INC.: COMPANY SNAPSHOT 255
TABLE 189 ANALOG DEVICES, INC.: PRODUCTS/SOLUTIONS OFFERED 256
TABLE 190 ANALOG DEVICES, INC.: DEALS 257
TABLE 191 ANALOG DEVICES, INC.: OTHERS 257
13.2.2 TE CONNECTIVITY 259
TABLE 192 TE CONNECTIVITY: COMPANY OVERVIEW 259
FIGURE 64 TE CONNECTIVITY: COMPANY SNAPSHOT 260
TABLE 193 TE CONNECTIVITY: PRODUCTS/SOLUTIONS OFFERED 260
TABLE 194 TE CONNECTIVITY: DEALS 261
13.2.3 INFINEON TECHNOLOGIES AG 263
TABLE 195 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW 263
FIGURE 65 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT 264
TABLE 196 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS OFFERED 264
TABLE 197 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES 265
TABLE 198 INFINEON TECHNOLOGIES AG: DEALS 266
TABLE 199 INFINEON TECHNOLOGIES AG: OTHERS 267
13.2.4 STMICROELECTRONICS 268
TABLE 200 STMICROELECTRONICS: COMPANY OVERVIEW 268
FIGURE 66 STMICROELECTRONICS: COMPANY SNAPSHOT 269
TABLE 201 STMICROELECTRONICS: PRODUCTS/SOLUTIONS OFFERED 269
TABLE 202 STMICROELECTRONICS: PRODUCT LAUNCHES 270
TABLE 203 STMICROELECTRONICS: DEALS 271
TABLE 204 STMICROELECTRONICS: OTHERS 272
13.2.5 ABB 273
TABLE 205 ABB: COMPANY OVERVIEW 273
FIGURE 67 ABB: COMPANY SNAPSHOT 274
TABLE 206 ABB: PRODUCTS/SOLUTIONS OFFERED 274
TABLE 207 ABB: PRODUCT LAUNCHES 275
TABLE 208 ABB: DEALS 275
13.2.6 MICROCHIP TECHNOLOGY INC. 277
TABLE 209 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW 277
FIGURE 68 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT 278
TABLE 210 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS OFFERED 278
TABLE 211 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES 279
TABLE 212 MICROCHIP TECHNOLOGY INC.: OTHERS 280
13.2.7 NXP SEMICONDUCTORS 281
TABLE 213 NXP SEMICONDUCTORS: COMPANY OVERVIEW 281
FIGURE 69 NXP SEMICONDUCTORS: COMPANY SNAPSHOT 282
TABLE 214 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS OFFERED 282
TABLE 215 NXP SEMICONDUCTORS: DEALS 283
13.2.8 SIEMENS 284
TABLE 216 SIEMENS: COMPANY OVERVIEW 284
FIGURE 70 SIEMENS: COMPANY SNAPSHOT 285
TABLE 217 SIEMENS: PRODUCTS/SOLUTIONS OFFERED 285
TABLE 218 SIEMENS: PRODUCT LAUNCHES 286
13.2.9 ROBERT BOSCH GMBH 287
TABLE 219 ROBERT BOSCH GMBH: COMPANY OVERVIEW 287
FIGURE 71 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 288
TABLE 220 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS OFFERED 288
TABLE 221 ROBERT BOSCH GMBH: PRODUCT LAUNCHES 289
TABLE 222 ROBERT BOSCH GMBH: DEALS 290
13.2.10 HONEYWELL INTERNATIONAL INC. 293
TABLE 223 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 293
FIGURE 72 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 294
TABLE 224 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS OFFERED 294
TABLE 225 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES 295
TABLE 226 HONEYWELL INTERNATIONAL INC.: DEALS 296
13.3 OTHER PLAYERS 297
13.3.1 TDK CORPORATION 297
13.3.2 EATON CORPORATION 298
13.3.3 EMERSON ELECTRIC CO. 299
13.3.4 GENERAL ELECTRIC 300
13.3.5 LEGRAND 301
13.3.6 TEXAS INSTRUMENTS INCORPORATED 302
13.3.7 BALLUFF GMBH 303
13.3.8 SENSIRION AG 304
13.3.9 QUALCOMM TECHNOLOGIES, INC. 305
13.3.10 MEMSIC SEMICONDUCTOR CO., LTD. 306
13.3.11 AIRMAR TECHNOLOGY CORPORATION 307
13.3.12 VISHAY PRECISION GROUP INC. 308
13.3.13 GILL SENSORS & CONTROLS LIMITED 309
13.3.14 MURATA MANUFACTURING CO., LTD. 310
13.3.15 RENESAS ELECTRONICS CORPORATION 311
*Details on Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX 312
14.1 DISCUSSION GUIDE 312
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 316
14.3 CUSTOMIZATION OPTIONS 318
14.4 RELATED REPORTS 318
14.5 AUTHOR DETAILS 319
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