Global Sensor Market size was valued at US$ 151,994.1 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% for the forecast period ending 2026 reaching a Market value of US$ 287,002 million.
From the perspective of the Type market segmentation, the report covers
This segment of the Sensor market is expected to drive growth in the coming years owing to various positive trends, primarily the increasing applications.
The key and positive trends of the segment include:
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The report analyzes the global sensor market covering different technologies used for manufacturing and various sensor type. Sensor is a device that detects physical input such as light, heat, motion, moisture, pressure, or any other entity, and responds by producing an output on a display or transmits the information in electronic form for further processing. Growth in trend of Internet of Things (IoT), rise in demand for sensors in development of smart cities, advancement in sensors and its increasing usage in smartphones, and other electronic devices, development in the automation sector, and emerging applications of radar in remote sensing are expected to fuel the growth of the sensor market.
However, incorporating the sensor in devices incurs extra value and reduces the life of device. This factor is expected to hinder the market growth. Moreover, rise in adoption of wearable devices, innovative application in the biomedical sector, and surge in the automotive sector offers huge market opportunities in the next six years.
The sensor market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The sensor market size is segmented based on type, technology, industry vertical, and region.
Sensors by type are categorized into:
Report Scope:
The study is an effective tool for addressing Research insights relevant for business strategies like:
--> New product launch
--> New client acquisition
--> New opportunity mapping (market level and geography level)
--> Competitive benchmarking
--> Cost optimization strategies
--> Inorganic expansion plans
The Segment study of End-User includes an analysis of
The market segments are identified and analyzed keeping in mind the Sensor market ecosystem as a whole
The sensor market was valued at $151,994.1 million in 2018, and is projected to reach $287,002.5 million by 2026, registering a CAGR of 9.5% from 2019 to 2026. The radar sensor segment was the highest contributor to the market, with $27,949.7 million in 2018, and is estimated to reach $49,721.7 million by 2026, at a CAGR of 8.6% during the forecast period. The image sensor segment is estimated to reach $31,637.6 million by 2026 at a CAGR of 11.1%. The image sensor segment is expected to witness significant CAGRs of 11.1% during the forecast period.
The sensor market comprises of various technologies, which include CMOS, MEMS, NEMS, and others (optical spectroscopy, microsystem technology, ASIC, and hybrid sensor).
Regional Overview of Sensor Market:
From a geographic segmentation perspective, the report focuses on the regions that have a material and significant effect on the overall market value. The broad level coverage of the report includes the regions of Global, North America, Europe, APAC, MEA, LatAm
Asia-Pacific was the highest contributor to the global market, with $76,050.2 million in 2018, and is estimated to reach $XX million by 2026, registering a CAGR of XX% during the forecast period. Asia Pacific and LAMEA are expected to witness significant CAGRs of XX% and 9.6% respectively, during the forecast period.
Competitive Landscape:
The Sensor market is fairly fragmented. While the key companies continue to drive innovation and, in most cases, adopt digital transformations, the overall competitive ecosystem is dominated by Market leaders as well as emerging players with niche offerings
The Sensor market report profiles some of the key market players while reviewing significant market developments and strategies adopted by them. While looking at Organic and Inorganic strategies separately, the report studies not only outlook based (short-mid-long term), but also strategy based (strategic vs operational) market activity.
Companies profiled in this market report include:
The Covid19 pandemic has transformed the market landscape. The market ecosystem has taken a directional shift in the way supply-side of the market is accessed. The report covers the aftermath of the Covid19 catastrophe
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Chapter 1. Research Objective
1.1 Objective, Definition & Scope
1.2 Methodology
1.2.1 Primary Research
1.2.2 Secondary Research
1.2.3 Market Forecast - Estimation & Approach
1.2.4 Assumptions & Assessments
1.3 Insights and Growth - Relevancy Mapping
1.3.1 FABRIC Platform
1.4 Data mining & efficiency
Chapter 2. Executive Summary
2.1 Sensor market Overview
2.2 Interconnectivity & Related markets
2.3 Ecosystem Map
2.4 Sensor market Business Segmentation
2.5 Sensor market Geographic Segmentation
2.6 Competition Outlook
2.7 Key Statistics
Chapter 3. Strategic Analysis
3.1 Sensor market Revenue Opportunities
3.2 Cost Optimization
3.3 Covid19 aftermath - Analyst view
3.4 Sensor market Digital Transformation
Chapter 4. Market Dynamics
4.1 DROC
4.1.1 Drivers
*Growth in trend of Internet of Things (IoT)
*Growth in demand for sensors in development of smart cities
4.1.2 Restraints
*Incorporating the sensor in devices incurs extra value and reduces life of device
4.1.3 Opportunities
4.1.4 Challenges
4.2 PEST Analysis
4.2.1 Political
4.2.2 Economic
4.2.3 Social
4.2.4 Technological
4.3 Market Impacting Trends
4.3.1 Positive Impact Trends
4.3.2 Adverse Impact Trends
4.4 Porter's 5-force Analysis
4.5 Market News - By Segments
4.5.1 Organic News
4.5.2 Inorganic News
Chapter 5. Segmentation & Statistics
5.1 Segmentation Overview
5.2 Demand Forecast & Market Sizing
Global Sensor market by Type 2019 - 2026
Global Sensor market by Technology 2019 - 2026
Global Sensor market by End-User 2019 - 2026
North America Sensor market by Type 2019 - 2026
North America Sensor market by Technology 2019 - 2026
North America Sensor market by End-User 2019 - 2026
United States Sensor market by Type 2019 - 2026
United States Sensor market by Technology 2019 - 2026
United States Sensor market by End-User 2019 - 2026
Canada Sensor market by Type 2019 - 2026
Canada Sensor market by Technology 2019 - 2026
Canada Sensor market by End-User 2019 - 2026
Mexico Sensor market by Type 2019 - 2026
Mexico Sensor market by Technology 2019 - 2026
Mexico Sensor market by End-User 2019 - 2026
Europe Sensor market by Type 2019 - 2026
Europe Sensor market by Technology 2019 - 2026
Europe Sensor market by End-User 2019 - 2026
United Kingdom Sensor market by Type 2019 - 2026
United Kingdom Sensor market by Technology 2019 - 2026
United Kingdom Sensor market by End-User 2019 - 2026
France Sensor market by Type 2019 - 2026
France Sensor market by Technology 2019 - 2026
France Sensor market by End-User 2019 - 2026
Italy Sensor market by Type 2019 - 2026
Italy Sensor market by Technology 2019 - 2026
Italy Sensor market by End-User 2019 - 2026
Germany Sensor market by Type 2019 - 2026
Germany Sensor market by Technology 2019 - 2026
Germany Sensor market by End-User 2019 - 2026
Spain Sensor market by Type 2019 - 2026
Spain Sensor market by Technology 2019 - 2026
Spain Sensor market by End-User 2019 - 2026
Rest of Europe Sensor market by Type 2019 - 2026
Rest of Europe Sensor market by Technology 2019 - 2026
Rest of Europe Sensor market by End-User 2019 - 2026
APAC Sensor market by Type 2019 - 2026
APAC Sensor market by Technology 2019 - 2026
APAC Sensor market by End-User 2019 - 2026
China Sensor market by Type 2019 - 2026
China Sensor market by Technology 2019 - 2026
China Sensor market by End-User 2019 - 2026
India Sensor market by Type 2019 - 2026
India Sensor market by Technology 2019 - 2026
India Sensor market by End-User 2019 - 2026
Japan Sensor market by Type 2019 - 2026
Japan Sensor market by Technology 2019 - 2026
Japan Sensor market by End-User 2019 - 2026
South Korea Sensor market by Type 2019 - 2026
South Korea Sensor market by Technology 2019 - 2026
South Korea Sensor market by End-User 2019 - 2026
Rest of APAC Sensor market by Type 2019 - 2026
Rest of APAC Sensor market by Technology 2019 - 2026
Rest of APAC Sensor market by End-User 2019 - 2026
MEA Sensor market by Type 2019 - 2026
MEA Sensor market by Technology 2019 - 2026
MEA Sensor market by End-User 2019 - 2026
South Africa Sensor market by Type 2019 - 2026
South Africa Sensor market by Technology 2019 - 2026
South Africa Sensor market by End-User 2019 - 2026
GCC Countries Sensor market by Type 2019 - 2026
GCC Countries Sensor market by Technology 2019 - 2026
GCC Countries Sensor market by End-User 2019 - 2026
Rest of MEA Sensor market by Type 2019 - 2026
Rest of MEA Sensor market by Technology 2019 - 2026
Rest of MEA Sensor market by End-User 2019 - 2026
LatAm Sensor market by Type 2019 - 2026
LatAm Sensor market by Technology 2019 - 2026
LatAm Sensor market by End-User 2019 - 2026
Brazil Sensor market by Type 2019 - 2026
Brazil Sensor market by Technology 2019 - 2026
Brazil Sensor market by End-User 2019 - 2026
Argentina Sensor market by Type 2019 - 2026
Argentina Sensor market by Technology 2019 - 2026
Argentina Sensor market by End-User 2019 - 2026
Rest of LatAm Sensor market by Type 2019 - 2026
Rest of LatAm Sensor market by Technology 2019 - 2026
Rest of LatAm Sensor market by End-User 2019 - 2026
Chapter 6. Market Use case studies
Chapter 7. KOL Recommendations
Chapter 8. Investment Landscape
8.1 Sensor market Investment Analysis
8.2 Market M&A
8.3 Market Fund Raise & Other activity
Chapter 9. Sensor market - Competitive Intelligence
9.1 Company Positioning Analysis
9.1.1 Positioning - By Revenue
9.1.2 Positioning - By Business Score
9.1.3 Legacy Positioning
9.2 Competitive Strategy Analysis
9.2.1 Organic Strategies
9.2.2 Inorganic Strategies
Chapter 10. Key Company Profiles
10.1 STMicroelectronics
10.1.1 Company Fundamentals
10.1.2 Performance Overview
10.1.3 Product Overview
10.1.4 Recent Developments
10.2 NXP semiconductors N.V.
10.2.1 Company Fundamentals
10.2.2 Performance Overview
10.2.3 Products/Services Overview
10.2.4 Recent Developments
10.3 Infineon Technologies AG
10.3.1 Company Fundamentals
10.3.2 Performance Overview
10.3.3 Products/Services Overview
10.3.4 Recent Developments
10.4 Qualcomm Technologies Inc.
10.4.1 Company Fundamentals
10.4.2 Performance Overview
10.4.3 Products/Services Overview
10.4.4 Recent Developments
10.5 Atmel Corporation
10.5.1 Company Fundamentals
10.5.2 Performance Overview
10.5.3 Products/Services Overview
10.5.4 Recent Developments
10.6 Texas instruments Inc.
10.6.1 Company Fundamentals
10.6.2 Performance Overview
10.6.3 Products/Services Overview
10.6.4 Recent Developments
10.7 Robert Bosch GmbH
10.7.1 Company Fundamentals
10.7.2 Performance Overview
10.7.3 Products/Services Overview
10.7.4 Recent Developments
10.8 Johnson Controls International PLC.
10.8.1 Company Fundamentals
10.8.2 Performance Overview
10.8.3 Products/Services Overview
10.8.4 Recent Developments
10.9 Sony Corporation
10.9.1 Company Fundamentals
10.9.2 Performance Overview
10.9.3 Products/Services Overview
10.9.4 Recent Developments
10.10 Honeywell International Inc.
10.10.1 Company Fundamentals
10.10.2 Performance Overview
10.10.3 Products/Services Overview
10.10.4 Recent Developments
10.11 Honeywell International Inc.
Chapter 11. Appendix
11.1 About AllTheResearch (ATR)
11.2 ATR Services
11.3 Author details
11.4 Terms & Conditions
11.5 Contact us
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