Smart Sensors Market Size, Shares, Insights and Forecast Report – 2028


Posted July 2, 2021 by sauravmeridian

The global smart sensors market in 2020 is estimated for more than US$ 35.0 Bn and expected to reach a value of US$ 145.9 Bn by 2028 with a significant CAGR of 19.5%.

 
Brooklyn, New York, USA, 2021-Jul-2 — /Meridian Market Consultants/ — The report is titled ‘Smart Sensors Market Size, Shares, Insights and Forecast Report – 2028’. An overview of conceptual frameworks, analytical approaches of the Smart Sensors market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Smart Sensors market is expected to grow at a significant rate in the near future.

The global Smart Sensors market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%.




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Smart Sensors Market Dynamics

The smart sensor is expected to gain huge traction in the global market owing to growing investments in R&D activities these days as well as key market players have aimed their attention towards innovation and new technology such as the internet of things. Therefore, the global smart sensors market is projected to thrive briskly during the forecast timeframe.

Along with that, the smart sensor carries the potential to be implemented in advanced IT solutions, such as machine-to-machine analytics and communication, and to assess changes with regard to pressure acceleration, temperature, or others, which are crucial for a process.

Attributing to which, the smart sensor is estimated to observe huge demand in the global market, thereby projected to give a positive push to the growth of the global smart sensors market during the forecast period.

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Smart Sensors Market Segmentation

The Smart Sensors market is segmented on the basis of sensor types, technology, component, network connectivity, and end user.

By Sensors Types

 Temperature & Humidity Sensors

o    Thermocouples

o    Thermistors

o    Resistance Temperature Detectors

o    IR Sensors

o    Other Types of Temperature Sensor

 Pressure Sensors Piezo resistive

o    Capacitive

o    Electromagnetic

o    Resonant Solid State

o    Optical

 Flow Sensors
 Touch Sensors

o    Capacitive

o    Resistive

o    Infrared

 Image Sensors

o    Motion & Occupancy Sensors

o    Smart Motion Sensors

 Smart Occupancy Sensors
 Water Sensors

o    Turbidity Sensors

o    PH Sensors

o    Soil Moisture Sensors

o    Level Sensors

o    Dissolved Oxygen (DO2)Sensors

 Light Sensors

o    Analog

o    Digital

 Position Sensors

o    Linear

o    Rotary

o    Proximity

 Ultrasonic Sensors

By Technology

 MEMS
 CMOS
 SiP
 SoC
 Other Technologies

o    Optical spectroscopy

o    Microsystem technology (MST)

o    Integrated smart sensors

o    IC-compatible 3D micro-structuring,

o    ASIC

By Component

 Analog To Digital Converters (ADCs)
 Digital To Analog Converters (DACs)
 Transceivers
 Amplifiers
 Microcontrollers
 Others

By Network Connectivity

 Wired
 Wireless

o    Bluetooth

o    Enocean

o    Wi-Fi

o    ZigBee

o    Z-Wave

o    Others

By Region

 North America
 Latin America
 Europe
 Asia Pacific
 Middle East
 Africa

Smart Sensors Market Key Players

Some of the key participating players in Smart Sensors market are:

 Siemens AG
 GENERAL ELECTRIC
 Sensirion AG
 Legrand
 Emerson Electric Co.
 Honeywell International Inc.
 Robert Bosch GmbH
 TDK Corporation
 ABB
 NXP Semiconductors
 STMicroelectronics
 Infineon Technologies AG
 TE Connectivity
 Analog Devices, Inc.
 Renesas Electronics Corporation
 Yokogawa Electric Corporation TOP
 Schneider Electric
 Delphi Technologies
 Maxim Integrated
 Vishay Electronic GmbH
 Gira Giersiepen GmbH & Co. KG
 Airmar Technology Corp.
 BeanAir




To Identify the Key Trends in the Global Industry, Visit: https://meridianmarketconsultants.com/global-Smart Sensors-market

About Meridian Market Consultants:

Meridian Market Consultants (MMC) is committed to providing deep insights that serve as a creative tool for the client that enables it to perform confidently in the market. At MMC we adhere to the client's needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with a strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.

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Smart Sensors, Smart Sensors CAGR, US Smart Sensors share, UK Smart Sensors Size, MEA Smart Sensors Demand
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Last Updated July 2, 2021