DUBLIN, May 17, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Smart Sensor Market by Type, Technology, Component, Connectivity, End-User Industry and Geography - Global Trends and Forecast to 2022" report to their offering.
The smart sensor market is forecast to reach a value of USD 57.77 Billion by 2022, growing at a CAGR of 18.1% between 2016 and 2022. The smart sensor market size, in terms of unit shipments, is estimated to witness double-digit growth rate during the forecast period. The smart sensor is currently witnessing rising demand in the automotive and consumer electronics industries as they are among the most recommended devices used for measuring, controlling, computing, and communicating. Factors such growing consumer electronics sector, surge in the automotive industry on a global basis, favorable government initiatives, and growing trend of miniaturization in sensors are some of the major growth drivers for this market.
The scope of this report covers the smart sensor market segmented on the basis sensor type, technology, component, network connectivity, end-user industry, and geography. In terms of sensor type, the smart pressure sensor is expected to hold the largest market share and dominate the market between 2016 and 2022. MEMS-based pressure sensors are widely utilized in automotive, industrial, healthcare, and consumer electronics industries.
In terms of technology, MEMS-based smart sensor is expected to hold the largest market share and dominate the smart sensor market between 2016 and 2022. Of all the end-user industries considered for this study, the consumer electronics industry is expected to hold the largest market share and dominate the smart sensor market between 2016 and 2022; it is expected to grow at the highest rate between 2016 and 2022.
Companies Mentioned:
- ABB Ltd.
- Analog Devices, Inc.
- Atmel Corporation
- Eaton Corporation PLC
- Emerson Electric Company
- General Electric
- Honeywell International Inc.
- Infineon Technologies AG
- InvenSense, Inc.
- Legrand S.A
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- STMicroelectronics
- Sensirion AG
- Siemens AG
- TE Connectivity Ltd.
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Industry Trends
7 Market, By Sensor Type
8 Market, By Technology
9 Market, By Component
10 Market, By Network Connectivity
11 Market, By End-User Industry
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
15 Appendix
For more information visit http://www.researchandmarkets.com/research/32qcgz/smart_sensor
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