A research study titled, “Sensor Market by type, technology and application- global industry analysis and forecast to 2022” published by crystal market research.
Industry Outlook & Trend Analysis:
Sensor market is expected to experience significant growth in coming years between 2014 and 2022. The market is expected to reach $190.95 billion by 2022 at a growing CAGR of 9.14%.
Industry Outlook & Trend Analysis:
Sensor market is expected to experience significant growth in coming years between 2014 and 2022. The market is expected to reach $190.95 billion by 2022 at a growing CAGR of 9.14%.
Increasing application in automotive application, collision prevention, healthcare monitoring and oil platforms will enhance the growth of sensor market in the upcoming years. In addition, growing application of sensors in military and surveillance, transportation and logistics will also boost the market. Moreover, increasing trends of internet of things (IoT), using sensors in smartphones and medical devices will also enhance the market growth. For instance, in 2016, Lufthansa started using IoT based strategy to develop an entirely new business mining data from their maintenance, repair and overhaul (MRO) operations and providing it to their customers. This incidence ensures steady market growth over the forecast period.
Sensor Market Segmentation:
By TypeOptical sensor
Image Sensor
Touch sensor
Pressure Sensor
Radar Sensor
Temperature Sensor
Biosensors
Humidity Sensors
By Technology
MEMS
NEMS
CMOS
Others
MEMS
NEMS
CMOS
Others
By Application
Healthcare
IT and Telecommunication
Industrial
Aerospace and Defense
Electronics
Automotive
Others
Healthcare
IT and Telecommunication
Industrial
Aerospace and Defense
Electronics
Automotive
Others
By Region
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Competitive Analysis:Some of the major players in this market are,
STMicroelectronics, Qualcomm Technologies, Siemens Healthcare Diagnostics, Custom Sensors and Technologies Inc., Analog Devices Inc., Delphi Automotive PLC, Infineon Technologies AG, Omron Corp, Vishay Intertechnology Inc. and Wilcoxon Research Inc.
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Competitive Analysis:Some of the major players in this market are,
STMicroelectronics, Qualcomm Technologies, Siemens Healthcare Diagnostics, Custom Sensors and Technologies Inc., Analog Devices Inc., Delphi Automotive PLC, Infineon Technologies AG, Omron Corp, Vishay Intertechnology Inc. and Wilcoxon Research Inc.
Regional Outlook and Trend Analysis
North America held a significant share of the sensor market in 2014 due to the technological advancement and increasing application of sensor in various electronic devices. The Asia-Pacific market has not experienced any substantial growth due to lack of large scale use of sensors in various fields but can experience favorable growth in coming years owing to increasing application in the region.
North America held a significant share of the sensor market in 2014 due to the technological advancement and increasing application of sensor in various electronic devices. The Asia-Pacific market has not experienced any substantial growth due to lack of large scale use of sensors in various fields but can experience favorable growth in coming years owing to increasing application in the region.
Market OpportunitiesThe key opportunity for the players operating in sensor market lies in the development of various types of sensors and also increasing its application in various fields. Apart from that, technological advancements and high investments in R&D will further broaden the opportunities of the key players to grow significantly over the forecast period. In addition, promotional activities related to product information and benefits in various fields, will further increase demand of this market, creating a lucrative opportunities for growth, for the key players of this market.
List of Tables:
Table 1.Sensors Market, By Type ($Billion), 2014-2022
Table 2.Optical Sensor Market, By Region ($Billion), 2014-2022
Table 3.Image Sensor Market, By Region ($Billion), 2014-2022
Table 4.Touch Sensor Market, By Region ($Billion), 2014-2022
Table 5.Presure Sensor Market, By Region ($Billion), 2014-2022
Table 7.Temparature Sensor Market, By Region ($Billion), 2014-2022
Table 1.Sensors Market, By Type ($Billion), 2014-2022
Table 2.Optical Sensor Market, By Region ($Billion), 2014-2022
Table 3.Image Sensor Market, By Region ($Billion), 2014-2022
Table 4.Touch Sensor Market, By Region ($Billion), 2014-2022
Table 5.Presure Sensor Market, By Region ($Billion), 2014-2022
Table 7.Temparature Sensor Market, By Region ($Billion), 2014-2022
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About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact Us:
Judy S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact Us:
Judy S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
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