Smart Sensor Market Key Players are: ABB., Analog Devices, Atmel, Eaton, Emerson, General Electric, Honeywell, InvenSense, NXP Semiconductors, Robert Bosch, Sensirion
Advancements in MEMS technology such as sensor fusion led to high usage in various industrial verticals such as automotive, healthcare, aviation and consumer electronics. Rising adoption of wearable technology such as smart watches and wrist bands is expe
(EMAILWIRE.COM, August 07, 2018 ) Market Overview:-
Global Smart Sensor Market is anticipated to grow at a CAGR of over 17% to reach USD 80 billion by 2024. Advancements in consumer electronics coupled with favourable government initiatives is anticipated to drive the smart sensors industry growth over the forecast timeline. Increasing government spending on these technologies and the declining price trend is expected to fuel the overall industry demand.
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Increasing adoption of miniaturization trend by the manufacturers to provide several functionalities in a single chip offer significant growth opportunity for the smart sensor market growth. Growing trends such as smart cities and smart homes across the globe provide impetus to the demand for smart sensors over the forecast timeline. Pertaining to the features such as reducing carbon emission levels, these sensors have witnessed huge adoption in the power plants for efficient operation of various processes.
Top Key Players:-
Key players in the smart sensor market include ABB Group Ltd., Analog Devices Inc., Emerson Electric Company, Honeywell International Inc., General Electric, Eaton Corporation, Atmel Corporation, NXP Semiconductors and Infineon Technologies.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart sensor market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America dominated the smart sensor market with major market share in 2015 pertaining to the rising adoption across various industry verticals to provide concerning consumer protection and safe working environment. The presence of major industry players such as Atmel Corporation, Infineon Technologies and Qualcomm Inc contributes to the industry growth in the region.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/678
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast paramters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Smart sensors industry 3600 synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Technology trends
2.1.4 Network trends
2.1.5 Application trends
2.1.6 Regional trends
Chapter 3 Smart Sensors Industry Insights
3.1 Industry segmentation
3.2 Industry lanscape, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Smart devices
3.4.1.1 Smart homes
3.4.1.1.1 Home Security
3.4.1.1.2 Energy management & climate control systems
3.4.1.1.3 Lighting, window & appliance control systems
3.4.1.1.4 Audio?visual & entertainment systems
3.4.1.2 Commercial/Industrial building
3.4.2 Internet of Things
3.5 Regulatory landscape
3.5.1 Europe
3.5.2 North America
3.5.3 Asia Pacific
3.5.4 Latin America
3.5.5 Middle East
3.6 Industry Impact forces
3.6.1 Growth drivers
3.6.1.1 Rising government initiatives
3.6.1.2 Rising security risks leading to high demand for advanced smart sensors
3.6.1.3 Rising focus on environment safety
3.6.1.4 Emerging demand across various applications
3.6.1.5 Growing demand for miniaturized products
3.6.1.6 Increasing demand in monitoring and diagnostics applications
3.6.2 Industry pitfalls and challenges
3.6.2.1 Product lifecycle concerns
3.6.2.2 Complex design
3.7 Growth potential analysis. 2016
3.8 Porter’s analysis
3.9 PESTEL analysis
3.10 Use cases/5W1H
3.10.1 Residential building/smart home
3.10.1.1 Home security
3.10.1.2 Energy management & climate control systems
3.10.1.3 Lighting, window & appliance control systems
3.10.1.4 Audio?visual & entertainment systems
3.10.1.5 Assisted living
3.10.2 Consumer electronics
3.10.3 Automotive
3.10.4 Oil & gas
Browse Full Report @ https://www.gminsights.com/industry-analysis/smart-sensor-market
Innovative manufacturing technologies coupled with high tech signal processing and enhanced performance, is expected to contribute to reduction in development costs of these products. For instance, motion tracker application, Notch, helps optimizing the performance, improved movement related techniques and lower the injury rate. The application is linked to the smartphone and enables movement captured by the wireless sensors. With the growing demand for eco-friendly protection, industry players are concentrating more on environmental safety propelling the smart sensor market growth across the globe.
Development in industrial robotics followed by the rising adoption in aerospace and automotive industry is expected to boost the demand for smart position sensors over the forecast timeline. The gradual rise in demand for mobile devices such as smartphones and tablets integrated with enhanced touch enabled displays will drive the demand for touch sensors demand.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Global Smart Sensor Market is anticipated to grow at a CAGR of over 17% to reach USD 80 billion by 2024. Advancements in consumer electronics coupled with favourable government initiatives is anticipated to drive the smart sensors industry growth over the forecast timeline. Increasing government spending on these technologies and the declining price trend is expected to fuel the overall industry demand.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/678
Increasing adoption of miniaturization trend by the manufacturers to provide several functionalities in a single chip offer significant growth opportunity for the smart sensor market growth. Growing trends such as smart cities and smart homes across the globe provide impetus to the demand for smart sensors over the forecast timeline. Pertaining to the features such as reducing carbon emission levels, these sensors have witnessed huge adoption in the power plants for efficient operation of various processes.
Top Key Players:-
Key players in the smart sensor market include ABB Group Ltd., Analog Devices Inc., Emerson Electric Company, Honeywell International Inc., General Electric, Eaton Corporation, Atmel Corporation, NXP Semiconductors and Infineon Technologies.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart sensor market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America dominated the smart sensor market with major market share in 2015 pertaining to the rising adoption across various industry verticals to provide concerning consumer protection and safe working environment. The presence of major industry players such as Atmel Corporation, Infineon Technologies and Qualcomm Inc contributes to the industry growth in the region.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/678
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast paramters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Smart sensors industry 3600 synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Technology trends
2.1.4 Network trends
2.1.5 Application trends
2.1.6 Regional trends
Chapter 3 Smart Sensors Industry Insights
3.1 Industry segmentation
3.2 Industry lanscape, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Smart devices
3.4.1.1 Smart homes
3.4.1.1.1 Home Security
3.4.1.1.2 Energy management & climate control systems
3.4.1.1.3 Lighting, window & appliance control systems
3.4.1.1.4 Audio?visual & entertainment systems
3.4.1.2 Commercial/Industrial building
3.4.2 Internet of Things
3.5 Regulatory landscape
3.5.1 Europe
3.5.2 North America
3.5.3 Asia Pacific
3.5.4 Latin America
3.5.5 Middle East
3.6 Industry Impact forces
3.6.1 Growth drivers
3.6.1.1 Rising government initiatives
3.6.1.2 Rising security risks leading to high demand for advanced smart sensors
3.6.1.3 Rising focus on environment safety
3.6.1.4 Emerging demand across various applications
3.6.1.5 Growing demand for miniaturized products
3.6.1.6 Increasing demand in monitoring and diagnostics applications
3.6.2 Industry pitfalls and challenges
3.6.2.1 Product lifecycle concerns
3.6.2.2 Complex design
3.7 Growth potential analysis. 2016
3.8 Porter’s analysis
3.9 PESTEL analysis
3.10 Use cases/5W1H
3.10.1 Residential building/smart home
3.10.1.1 Home security
3.10.1.2 Energy management & climate control systems
3.10.1.3 Lighting, window & appliance control systems
3.10.1.4 Audio?visual & entertainment systems
3.10.1.5 Assisted living
3.10.2 Consumer electronics
3.10.3 Automotive
3.10.4 Oil & gas
Browse Full Report @ https://www.gminsights.com/industry-analysis/smart-sensor-market
Innovative manufacturing technologies coupled with high tech signal processing and enhanced performance, is expected to contribute to reduction in development costs of these products. For instance, motion tracker application, Notch, helps optimizing the performance, improved movement related techniques and lower the injury rate. The application is linked to the smartphone and enables movement captured by the wireless sensors. With the growing demand for eco-friendly protection, industry players are concentrating more on environmental safety propelling the smart sensor market growth across the globe.
Development in industrial robotics followed by the rising adoption in aerospace and automotive industry is expected to boost the demand for smart position sensors over the forecast timeline. The gradual rise in demand for mobile devices such as smartphones and tablets integrated with enhanced touch enabled displays will drive the demand for touch sensors demand.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results