Brooklyn, New York, USA, 2021-Jul-2 — /Meridian Market Consultants/ — The report is titled ‘Smart Sensors Market Size, Shares, Insights and Forecast Report – 2028’. An overview of conceptual frameworks, analytical approaches of the Smart Sensors market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Smart Sensors market is expected to grow at a significant rate in the near future.
The global Smart Sensors market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%.
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Smart Sensors Market Dynamics
The smart sensor is expected to gain huge traction in the global market owing to growing investments in R&D activities these days as well as key market players have aimed their attention towards innovation and new technology such as the internet of things. Therefore, the global smart sensors market is projected to thrive briskly during the forecast timeframe.
Along with that, the smart sensor carries the potential to be implemented in advanced IT solutions, such as machine-to-machine analytics and communication, and to assess changes with regard to pressure acceleration, temperature, or others, which are crucial for a process.
Attributing to which, the smart sensor is estimated to observe huge demand in the global market, thereby projected to give a positive push to the growth of the global smart sensors market during the forecast period.
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Smart Sensors Market Segmentation
The Smart Sensors market is segmented on the basis of sensor types, technology, component, network connectivity, and end user.
By Sensors Types
- Temperature & Humidity Sensors
o Thermocouples
o Thermistors
o Resistance Temperature Detectors
o IR Sensors
o Other Types of Temperature Sensor
- Pressure Sensors Piezo resistive
o Capacitive
o Electromagnetic
o Resonant Solid State
o Optical
- Flow Sensors
- Touch Sensors
o Capacitive
o Resistive
o Infrared
- Image Sensors
o Motion & Occupancy Sensors
o Smart Motion Sensors
- Smart Occupancy Sensors
- Water Sensors
o Turbidity Sensors
o PH Sensors
o Soil Moisture Sensors
o Level Sensors
o Dissolved Oxygen (DO2)Sensors
- Light Sensors
o Analog
o Digital
- Position Sensors
o Linear
o Rotary
o Proximity
- Ultrasonic Sensors
By Technology
- MEMS
- CMOS
- SiP
- SoC
- Other Technologies
o Optical spectroscopy
o Microsystem technology (MST)
o Integrated smart sensors
o IC-compatible 3D micro-structuring,
o ASIC
By Component
- Analog To Digital Converters (ADCs)
- Digital To Analog Converters (DACs)
- Transceivers
- Amplifiers
- Microcontrollers
- Others
By Network Connectivity
- Wired
- Wireless
o Bluetooth
o Enocean
o Wi-Fi
o ZigBee
o Z-Wave
o Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Smart Sensors Market Key Players
Some of the key participating players in Smart Sensors market are:
- Siemens AG
- GENERAL ELECTRIC
- Sensirion AG
- Legrand
- Emerson Electric Co.
- Honeywell International Inc.
- Robert Bosch GmbH
- TDK Corporation
- ABB
- NXP Semiconductors
- STMicroelectronics
- Infineon Technologies AG
- TE Connectivity
- Analog Devices, Inc.
- Renesas Electronics Corporation
- Yokogawa Electric Corporation TOP
- Schneider Electric
- Delphi Technologies
- Maxim Integrated
- Vishay Electronic GmbH
- Gira Giersiepen GmbH & Co. KG
- Airmar Technology Corp.
- BeanAir
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