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2019-06-18
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Asia Pacific
Sensors are the components in a larger system that collects information about the world, organize the information in understandable form and then it communicates that information. Sensors are largely manufactured in the APAC region and sensors technology is widely being used across the world as the most of the cutting edge technologies rely on the functioning of the sensors. Its application ranges from smartphones to smart homes to electric grids. APAC region is witnessing the trend of smart devices and smart environment, industry 4.0 and IoT, hence the application of sensors in the region is still evolving and increasing as compared to developed regions such as North America. Over the period nearly 23 major types of sensors have been identified and majority of them are manufactured in APAC. Motion and speed sensors are majorly used in automobiles; intelligent sensor systems diagnose the situations and helps in taking the decisions as per the environment. For instance, the ongoing experiments for successful manufacturing of autonomous cars is another example for the application of multiple sensors at a time such as bio-sensors, thermal sensors, speed sensors, motion and position sensors. Goldstein Research analyst forecast that the Asia Pacific sensors market is set to harness market revenue of USD 97.5 billion by 2025 growing at a CAGR of 11.7% over the forecast period (2017-2025).
Asia Pacific Sensors Market Segmentation
By Sensors Type
Image sensors segment accounted for largest market share of nearly 21% in 2017 followed by touch sensors. The Biosensors acquire nearly 17.8% market share and pressure sensors acquire 114.9% of the total sensors market.
By Technology
By End-User
By Geography
Based on geography, China accounted for largest revenue share of 48.3% in 2017 of the Asia Pacific sensors market on the back of high industrial and economic development activities along with high manufacturing base for sensors. China is closely followed by Japan growing at a CAGR of 11.73%. India is also a developing country with a significant share in total sensors market following the China and Japan market share.
The report covers the present ground scenario and the future growth prospects of the sensors market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Asia Pacific region.
Asia Pacific Sensors Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Asia Pacific sensors market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Asia Pacific Sensors Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Our Asia Pacific sensors market analysis comprises of the following companies as the key players: Honeywell International, Inc., NXP semiconductors N.V., Qualcomm Technologies, Inc., STMicroelectronics N.V., NXP semiconductors N.V., Robert Bosch GmbH, Hewlett Packard Enterprise Development LP, Atmel Corporation, Johnson controls international PLC, Taiwan Semiconductor Manufacturing Company Limited, SMIC, Texas instruments Inc., Sony Corporation, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Our report includes detailed insightful data of the following market segments: - Smart Sensors, IOT Sensor, Industrial Sensors, Medical Sensors, Touch sensor, Image sensor, Pressure sensor, Temperature sensor, HVAC Sensors, Proximity sensor, Level sensor, MEMS Market, NEMS Market, CMOS Market
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Key questions answered in this Asia Pacific Sensors Market Report
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