The Asia Pacific Smart Sensor Market would witness market growth of 12.9% CAGR during the forecast period (2021-2027). The growth of the smart sensor market would witness various lucrative growth opportunities due to the rising usage and penetration of the internet of things (IoT), along with the rise in the integration of automation in vehicles and smart wearable systems for health monitoring.
The innovation of IIoT connectivity is boosted by the low-power wide-area network (LPWAN) technologies like LoRa, Sigfox, LTE-M, NB-IoT. LPWANs for IoT sensors help low-powered devices in streaming packets of data wirelessly, but with a wider area, which is a requirement in a manufacturing plant.
The growth of the market is expected to be boosted by supportive government activities such as favorable regulations and motive foreign companies to put investment. The adoption of Industry 4.0 is boosting due to the outbreak of the COVID-19 pandemic, hence encouraging enterprises across industries to step into more an ecosystem filled with advanced IoT technology and workflow with the help of sensors that can impact production, maintenance with modified service intervals, human resources with emerging job needs, and marketing with latest & exhaustive knowledge of individual use cases of customers.
Smart sensors are cost-efficient innovation that offers multi-sensing features. They find broad utilization in industrial monitoring and geological mapping, combined with some other applications like entertainment, medical, security & defense, consumer electronics, and automotive. By transforming the analog data into digital representations, these sensors can establish communication with the user. The effective functioning and adoption of IoT are supported by the emergence of smart sensors. The abundant information that is gathered by lowering down the downtime and enhancing the quality is the prime benefit of these sensors. The deployment of smart sensors is boosted by the present trend of smart cities, smart homes, smart gadgets, smart parking, and hence creating growth avenues for the leading players operating in the market.
The Image Sensor market dominated the South Korea Smart Sensor Market by Type 2020, thereby, achieving a market value of $541.6 million by 2027. The Motion Sensor market is experiencing a CAGR of 15.5% during (2021 - 2027). The Touch Sensor market is estimated to grow at a CAGR of 13% during (2021 - 2027). Additionally, The Pressure Sensor market is expected to witness highest CAGR of 16.1% during (2021 - 2027).
Based on Type, the market is segmented into Image Sensor, Motion Sensor, Touch Sensor, Pressure Sensor, Temperature Sensor, Position Sensor, Light Sensor and Others. Based on End User, the market is segmented into Consumer Electronics, Automotive, Industrial, Healthcare, Infrastructural and Other. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Sensor Market is Projected to reach USD 89.9 Billion by 2027, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infineon Technologies AG, STMicroelectronics N.V., Microchip Technology, Inc., NXP Semiconductors N.V., ABB Group, Siemens AG, Robert Bosch GmbH, Honeywell International, Inc., General Electric (GE) Co., and Analog Devices, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Image Sensor
- Motion Sensor
- Touch Sensor
- Pressure Sensor
- Temperature Sensor
- Position Sensor
- Light Sensor
- Others
By End User
- Consumer Electronics
- Automotive
- Industrial
- Healthcare
- Infrastructural
- Other
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Infineon Technologies AG
- STMicroelectronics N.V.
- Microchip Technology, Inc.
- NXP Semiconductors N.V.
- ABB Group
- Siemens AG
- Robert Bosch GmbH
- Honeywell International, Inc.
- General Electric (GE) Co.
- Analog Devices, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Sensor Market, by Type
1.4.2 Asia Pacific Smart Sensor Market, by End User
1.4.3 Asia Pacific Smart Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2020, Nov) Leading Players
Chapter 4. Asia Pacific Smart Sensor Market by End Use
4.1 Asia Pacific Smart Sensor Consumer Electronics Market by Country
4.2 Asia Pacific Smart Sensor Automotive Market by Country
4.3 Asia Pacific Smart Sensor Industrial Market by Country
4.4 Asia Pacific Smart Sensor Healthcare Market by Country
4.5 Asia Pacific Smart Sensor Infrastructural Market by Country
4.6 Asia Pacific Other Smart Sensor Market by Country
Chapter 5. Asia Pacific Smart Sensor Market by Type
5.1 Asia Pacific Image Sensor Smart Sensor Market by Country
5.2 Asia Pacific Motion Sensor Smart Sensor Market by Country
5.3 Asia Pacific Touch Sensor Smart Sensor Market by Country
5.4 Asia Pacific Pressure Sensor Smart Sensor Market by Country
5.5 Asia Pacific Temperature Sensor Smart Sensor Market by Country
5.6 Asia Pacific Position Sensor Smart Sensor Market by Country
5.7 Asia Pacific Light Sensor Smart Sensor Market by Country
5.8 Asia Pacific Others Smart Sensor Market by Country
Chapter 6. Asia Pacific Smart Sensor Market by Country
6.1 China Smart Sensor Market
6.1.1 China Smart Sensor Market by End Use
6.1.2 China Smart Sensor Market by Type
6.2 Japan Smart Sensor Market
6.2.1 Japan Smart Sensor Market by End Use
6.2.2 Japan Smart Sensor Market by Type
6.3 India Smart Sensor Market
6.3.1 India Smart Sensor Market by End Use
6.3.2 India Smart Sensor Market by Type
6.4 South Korea Smart Sensor Market
6.4.1 South Korea Smart Sensor Market by End Use
6.4.2 South Korea Smart Sensor Market by Type
6.5 Singapore Smart Sensor Market
6.5.1 Singapore Smart Sensor Market by End Use
6.5.2 Singapore Smart Sensor Market by Type
6.6 Malaysia Smart Sensor Market
6.6.1 Malaysia Smart Sensor Market by End Use
6.6.2 Malaysia Smart Sensor Market by Type
6.7 Rest of Asia Pacific Smart Sensor Market
6.7.1 Rest of Asia Pacific Smart Sensor Market by End Use
6.7.2 Rest of Asia Pacific Smart Sensor Market by Type
Chapter 7. Company Profiles
7.1 Infineon Technologies AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 STMicroelectronics N.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Microchip Technology, Inc.
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 NXP Semiconductors N.V.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 ABB Group
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.5.3 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Siemens AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Robert Bosch GmbH
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Honeywell International, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional & Segmental Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 General Electric (GE) Co.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.6 SWOT Analysis
7.10. Analog Devices, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
7.10.5.3 Acquisition and Mergers:
7.10.6 SWOT Analysis
TABLE 1 Asia Pacific Smart Sensor Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Smart Sensor Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Sensor Market
TABLE 4 Product Launches And Product Expansions– Smart Sensor Market
TABLE 5 Acquisition and Mergers– Smart Sensor Market
TABLE 6 Asia Pacific Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Smart Sensor Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Smart Sensor Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Smart Sensor Automotive Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Smart Sensor Automotive Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Smart Sensor Industrial Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Smart Sensor Industrial Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Smart Sensor Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Smart Sensor Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Smart Sensor Infrastructural Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Smart Sensor Infrastructural Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Other Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Other Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Image Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Image Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Motion Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Motion Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Touch Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Touch Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Pressure Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Pressure Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Temperature Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Temperature Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Position Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Position Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Light Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Light Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Others Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Others Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 40 China Smart Sensor Market, 2017 - 2020, USD Million
TABLE 41 China Smart Sensor Market, 2021 - 2027, USD Million
TABLE 42 China Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 43 China Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 44 China Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 45 China Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 46 Japan Smart Sensor Market, 2017 - 2020, USD Million
TABLE 47 Japan Smart Sensor Market, 2021 - 2027, USD Million
TABLE 48 Japan Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 49 Japan Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 50 Japan Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 51 Japan Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 52 India Smart Sensor Market, 2017 - 2020, USD Million
TABLE 53 India Smart Sensor Market, 2021 - 2027, USD Million
TABLE 54 India Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 55 India Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 56 India Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 57 India Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 58 South Korea Smart Sensor Market, 2017 - 2020, USD Million
TABLE 59 South Korea Smart Sensor Market, 2021 - 2027, USD Million
TABLE 60 South Korea Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 61 South Korea Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 62 South Korea Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 63 South Korea Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 64 Singapore Smart Sensor Market, 2017 - 2020, USD Million
TABLE 65 Singapore Smart Sensor Market, 2021 - 2027, USD Million
TABLE 66 Singapore Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 67 Singapore Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 68 Singapore Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 69 Singapore Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 70 Malaysia Smart Sensor Market, 2017 - 2020, USD Million
TABLE 71 Malaysia Smart Sensor Market, 2021 - 2027, USD Million
TABLE 72 Malaysia Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 73 Malaysia Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 74 Malaysia Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 75 Malaysia Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 76 Rest of Asia Pacific Smart Sensor Market, 2017 - 2020, USD Million
TABLE 77 Rest of Asia Pacific Smart Sensor Market, 2021 - 2027, USD Million
TABLE 78 Rest of Asia Pacific Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 79 Rest of Asia Pacific Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 80 Rest of Asia Pacific Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 81 Rest of Asia Pacific Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 82 Key Information – Infineon Technologies AG
TABLE 83 Key Information – STMicroelectronics N.V.
TABLE 84 Key Information – Microchip Technology, Inc.
TABLE 85 Key Information – NXP Semiconductors N.V.
TABLE 86 Key Information – ABB Group
TABLE 87 Key Information – Siemens AG
TABLE 88 key information – Robert Bosch GmbH
TABLE 89 Key information – Honeywell International, Inc.
TABLE 90 Key Information – General Electric (GE) Co.
TABLE 91 key information – Analog Devices, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2020, Nov) Leading Players
FIG 5 Recent strategies and developments: Infineon Technologies AG
FIG 6 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 7 Recent strategies and developments: STMicroelectronics N.V.
FIG 8 Swot analysis: stmicroelectronics n.v.
FIG 9 Recent strategies and developments: NXP Semiconductors N.V.
FIG 10 Swot analysis: NXP semiconductors N.V.
FIG 11 Recent strategies and developments: ABB Group
FIG 12 SWOT Analysis: ABB Group
FIG 13 Recent strategies and developments: Siemens AG
FIG 14 Swot analysis: Siemens AG
FIG 15 Recent strategies and developments: Robert Bosch GmbH
FIG 16 Swot analysis: Robert bosch gmbh
FIG 17 Recent strategies and developments: Honeywell International, Inc.
FIG 18 Swot analysis: Honeywell international, inc.
FIG 19 Swot analysis: General electric (GE) Co.
FIG 20 Recent strategies and developments: Analog Devices, Inc.
FIG 21 Swot analysis: analog devices, inc.