Market Overview:
Increasing incorporation of artificial intelligence technology in various industrial sectors for the automation of manufacturing and other processes and collaboration of smart sensors with consumer electronics have led to the increased penetration of advanced sensor technology on various electronic platforms. Market Research Future (MRFR) has published a report stating that the global intelligent sensors market is marked to expand remarkably at a CAGR of 18% during the forecast period of 2016-2022 and reach the valuation of USD 60 Bn by teh end of 2022.
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Segments:
The Global Intelligent Sensor Market Size has been segmented on the basis of technology, types, output and applications. Technology comprises of system on chip, system in package, hybrid technologies, CMOS process and IC compatible 3D micro structuring. Types include capacitive pressure centers and linear variable differential transformers among others. Output can be categorized as analog, digital and quasi digital among others. Application includes industrial, medical, automotive, consumer electronics and infrastructure among others.
Regional Analysis
The regional analysis of Intelligent Sensor Market is being studied for areas such as Asia Pacific, North America, Europe and rest of the world. The Europe region is expected to dominate the global intelligent sensor market owing to the factors such as improving infrastructure in the European countries such as Germany, France, Italy and U.K. among others and advancements in healthcare standards. North America will experience a growth owing to the factors such as frequent replacements of electronic devices and the increase in the demand of advanced features in consumer electronics device. Rich manufacturing and IT industry in U.S. and Canada is also one of the major factor which is driving the market of Intelligent Sensor in North America. The Asia-Pacific region is expected to see a significant growth in the market of intelligent sensors. Countries such as China and India is generating huge demand for the consumer electronic products which is expected to drive the market of intelligent sensor in this region. Also, China is one of the biggest producer of semiconductor equipment leading to high demand for the intelligent sensor from manufacturing industry.
Key Players:
The prominent players in the market of Intelligent Sensor Market are – Custom Sensors & Technologies, Inc. (U.S.), Delphi Automotive LLP (U.K.), ABB Ltd. (Australia), Analog Devices, Inc.(U.S.), Honeywell International, Inc. (U.S.), Robert Bosch GmBH (Germany), Meggitt Sensing Systems (U.S.), Siemens AG (Germany), Yokogawa Electric Corporation (Japan) and Infineon Technologies AG (Germany) among others.
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Intended Audience
- Component Manufacturers
- Electronic components
- Government bodies
- Research organizations
- Chip designers
- Equipment manufacturers
- Electronic manufacturers
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.