Smart Sensor Market Analysis, Scope, and Growth by 2028
Smart Sensor Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 31.73 Billion |
Market Size by 2028 | US$ 77.75 Billion |
Global CAGR (2021 - 2028) | 13.7% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Smart Sensor Market Segmentation
Based on technology, the smart sensor market is segmented into MEMS, CMOS, and Others. In 2021, the MEMS segment led the market. Based on type, the smart sensor market is segmented into temperature & humidity sensors, pressure sensors, motion sensors, position sensors, and others. In 2021, the temperature & humidity sensors segment accounted for the largest market share. Based on end-use industry, the smart sensor market is segmented into consumer electronics, automotive, healthcare, manufacturing, retail, and others.
Analog Devices Inc., Infineon Technologies Inc., STMicroelectronics, TE Connectivity, Microchip Technologies, NXP Semiconductor, Siemens AG, ABB Ltd., Robert Bosch GmbH, and Honeywell International are among the key smart sensor market players. In addition to these, several other players were analyzed to understand the overall dynamics of the global smart sensor market.