Global Sensors Industry Outlook: SWOT Analysis, Market Segmentation, Revenue, Y-O-Y Growth Analysis, Demand, Trends & Insights

Global Sensors Market Outlook 2017-2025

Sensors are the components in a larger system that collects information about the world, organize the information in an understandable form and then it communicates that information. 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. The rising trend of the smart environment, industry 4.0 and IoT, the application of sensors is evolving and increasing. Over the period nearly 23 major types of sensors have been identified. Motion and speed sensors are majorly used in automobiles; intelligent sensor systems diagnose the situations and help in taking the decisions as per the environment. The ongoing experiments for successful manufacturing of autonomous cars is another example of the application of multiple sensors at a time such as bio-sensors, thermal sensors, speed sensors, motion and position sensors. Therefore, advancing and innovating technologies in order to extract real-time information and processing of this information is largely driving the wide application of sensors across multiple industries. Goldstein Research analyst forecast that the global sensors market is set to harness market revenue of USD 250 billion by 2025 growing at a CAGR of 11.60% over the forecast period (2017-2025).

Global Sensors Market Segmentation

By Sensors Type

• Radar sensor
• Optical sensor
• Biosensors
• Touch sensor
• Image sensor
• Pressure sensor
• Temperature sensor
• Proximity sensor and displacement sensor
• Level sensor
• Motion and position sensor
• Humidity sensor
• Accelerometer and speed sensor
• Others (Ultrasonic Sensor, Photoelectric Sensor, etc.)

Image sensors segment accounted for the largest market share of nearly 23% in 2017 followed by touch sensors. The Biosensors acquire nearly 16% market share and pressure sensors acquire 15% of the total sensors market.

By Technology

• CMOS
• MEMS
• NEMS
• Others (Hybrid Sensors, etc.)

By End-User

• Electronics Industry
• Telecommunication Industry
• Defense & Aerospace Industry
• Manufacturing Industry
• Healthcare Industry
• Others

By Geography

• North America (U.S. & Canada)  Sensors Market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Sensors Market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Sensors Market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Sensors Market {Market Share (%), Market Size (USD Billion)}
• The Middle East & Africa (GCC, South Africa, North Africa, Romea) Sensors Market {Market Share (%), Market Size (USD Billion)}

Based on geography, Asia Pacific region accounted for the largest revenue share of 39.7% in 2017 of the global sensors market on the back of high industrial and economic development activities in the region including smart cities, robotics, smart industrial equipment among others. The Asia Pacific is closely followed by North America due to the presence of top companies in the manufacturing and innovation of the sensors.

Covered In This Global Sensors Market Report

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 Global region.

Global 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 Global 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. “Global Sensors Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Our Global sensors market report 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.

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Key questions answered in this Global Sensors Market Report

• What is the total market size by 2025 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for global sensors market
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• Position yourself to gain the maximum advantage of the global sensors market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects