The Latin America, Middle East and Africa Smart Sensor Market would witness market growth of 15.5% CAGR during the forecast period (2021-2027). A smart sensor refers to a device that obtains input from the physical environment and utilizes in-built compute resources to carry out the pre-assigned functions when detecting any input and data processing before transmitting it. One of the crucial and integral components of the Internet of Things (IoT) is the smart sensor.
The growth of the smart sensor market is boosted by the rise in the number of favorable government initiatives. Moreover, the growth of the overall market is also augmented by the fact that numerous governments across the world are actively putting investment in the innovation of smart technologies. Further, the smart sensor innovation has shown its capabilities in cutting down the carbon emission levels and hence coping up with the emerging environmental challenges. This has increased the utilization of these sensors in this industrial domain, where power plant industries are increasingly deploying this technology.
Smart sensors made for smart hotels help in reducing the overall cost, create revenue streams, and substantially enhance the guest experiences. For example, occupancy sensors and thermostats enable smart energy management that prudently uses energy. Smart sensors also provide some additional advantages such as push-notifications for room service, automated guest interactions, improved experience delivery with guest information, and self-check-in/check-out and automated room entry. Therefore, all these factors are expected to boost the growth of the smart sensors market during the forecast period.
The Consumer Electronics market dominated the South Africa Smart Sensor Market by End Use 2020, thereby, achieving a market value of $242.5 million by 2027. The Automotive market is experiencing a CAGR of 15.6% during (2021 - 2027). Additionally, The Industrial market is expected to witness a CAGR of 17.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smart Sensor Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Smart Sensor Market, by Type
1.4.2 LAMEA Smart Sensor Market, by End User
1.4.3 LAMEA 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. LAMEA Smart Sensor Market by End Use
4.1 LAMEA Smart Sensor Consumer Electronics Market by Country
4.2 LAMEA Smart Sensor Automotive Market by Country
4.3 LAMEA Smart Sensor Industrial Market by Country
4.4 LAMEA Smart Sensor Healthcare Market by Country
4.5 LAMEA Smart Sensor Infrastructural Market by Country
4.6 LAMEA Other Smart Sensor Market by Country
Chapter 5. LAMEA Smart Sensor Market by Type
5.1 LAMEA Image Sensor Smart Sensor Market by Country
5.2 LAMEA Motion Sensor Smart Sensor Market by Country
5.3 LAMEA Touch Sensor Smart Sensor Market by Country
5.4 LAMEA Pressure Sensor Smart Sensor Market by Country
5.5 LAMEA Temperature Sensor Smart Sensor Market by Country
5.6 LAMEA Position Sensor Smart Sensor Market by Country
5.7 LAMEA Light Sensor Smart Sensor Market by Country
5.8 LAMEA Others Smart Sensor Market by Country
Chapter 6. LAMEA Smart Sensor Market by Country
6.1 Brazil Smart Sensor Market
6.1.1 Brazil Smart Sensor Market by End Use
6.1.2 Brazil Smart Sensor Market by Type
6.2 Argentina Smart Sensor Market
6.2.1 Argentina Smart Sensor Market by End Use
6.2.2 Argentina Smart Sensor Market by Type
6.3 UAE Smart Sensor Market
6.3.1 UAE Smart Sensor Market by End Use
6.3.2 UAE Smart Sensor Market by Type
6.4 Saudi Arabia Smart Sensor Market
6.4.1 Saudi Arabia Smart Sensor Market by End Use
6.4.2 Saudi Arabia Smart Sensor Market by Type
6.5 South Africa Smart Sensor Market
6.5.1 South Africa Smart Sensor Market by End Use
6.5.2 South Africa Smart Sensor Market by Type
6.6 Nigeria Smart Sensor Market
6.6.1 Nigeria Smart Sensor Market by End Use
6.6.2 Nigeria Smart Sensor Market by Type
6.7 Rest of LAMEA Smart Sensor Market
6.7.1 Rest of LAMEA Smart Sensor Market by End Use
6.7.2 Rest of LAMEA 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 LAMEA Smart Sensor Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 7 LAMEA Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 8 LAMEA Smart Sensor Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Smart Sensor Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Smart Sensor Automotive Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Smart Sensor Automotive Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Smart Sensor Industrial Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Smart Sensor Industrial Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Smart Sensor Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Smart Sensor Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Smart Sensor Infrastructural Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Smart Sensor Infrastructural Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Other Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Other Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 21 LAMEA Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 22 LAMEA Image Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Image Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Motion Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Motion Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Touch Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Touch Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Pressure Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Pressure Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Temperature Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Temperature Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Position Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Position Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Light Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Light Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Others Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Others Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 40 Brazil Smart Sensor Market, 2017 - 2020, USD Million
TABLE 41 Brazil Smart Sensor Market, 2021 - 2027, USD Million
TABLE 42 Brazil Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 43 Brazil Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 44 Brazil Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 45 Brazil Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 46 Argentina Smart Sensor Market, 2017 - 2020, USD Million
TABLE 47 Argentina Smart Sensor Market, 2021 - 2027, USD Million
TABLE 48 Argentina Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 49 Argentina Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 50 Argentina Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 51 Argentina Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 52 UAE Smart Sensor Market, 2017 - 2020, USD Million
TABLE 53 UAE Smart Sensor Market, 2021 - 2027, USD Million
TABLE 54 UAE Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 55 UAE Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 56 UAE Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 57 UAE Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 58 Saudi Arabia Smart Sensor Market, 2017 - 2020, USD Million
TABLE 59 Saudi Arabia Smart Sensor Market, 2021 - 2027, USD Million
TABLE 60 Saudi Arabia Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 61 Saudi Arabia Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 62 Saudi Arabia Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 63 Saudi Arabia Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 64 South Africa Smart Sensor Market, 2017 - 2020, USD Million
TABLE 65 South Africa Smart Sensor Market, 2021 - 2027, USD Million
TABLE 66 South Africa Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 67 South Africa Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 68 South Africa Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 69 South Africa Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 70 Nigeria Smart Sensor Market, 2017 - 2020, USD Million
TABLE 71 Nigeria Smart Sensor Market, 2021 - 2027, USD Million
TABLE 72 Nigeria Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 73 Nigeria Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 74 Nigeria Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 75 Nigeria Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 76 Rest of LAMEA Smart Sensor Market, 2017 - 2020, USD Million
TABLE 77 Rest of LAMEA Smart Sensor Market, 2021 - 2027, USD Million
TABLE 78 Rest of LAMEA Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 79 Rest of LAMEA Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 80 Rest of LAMEA Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 81 Rest of LAMEA 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.