The North America Smart Sensor Market would witness market growth of 12.6% CAGR during the forecast period (2021-2027). The smart sensor market would witness new growth avenues due to the arrival of trends like smart homes and smart cities. Smart sensors play a crucial role in functionalities like efficient monitoring, lighting systems and are embedded in security & surveillance systems which are an essential component of connected technologies.
Moreover, the growth of the smart sensor market is further supported by the rigorous participation of the government by allocating huge amounts to smart city development projects. The smart sensor market has been effective in coping up with the emerging environmental challenges. The devices are extremely helpful in lowering down carbon emission levels. Thus, there are extensively deployed in coal power plants so as to manage the processes effectively.
An integrated system comprised of bias circuitry, a temperature sensor, and an analog-to-digital converter (ADC) is termed a smart temperature sensor. A temperature sensor evaluates heat In order to ensure that a process doesn’t exceed a specified limit, hence giving secure utilization of the application or fulfilling an essential condition when dealing with additional heat, risks, or inaccessible measuring points. The rising demand for robust, low-priced, and high-performance sensors is encouraging the innovation of new technologies, like nanotechnology and micro-technology.
Smart sensors play a crucial role in simplifying healthcare management. Smart sensors when embedded in healthcare infrastructure can help in monitoring hand hygiene compliance, hence ensuring appropriate health behavior of the employee as well as the patients admitted to the hospital. Other benefits of smart sensors in the healthcare industry include occupancy monitoring, human-oriented lighting, and automate temperature and light settings.
The US market dominated the North America Smart Sensor Industrial Market by Country 2020, thereby, achieving a market value of $2,717.8 million by 2027. The Canada market is experiencing a CAGR of 16.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 15.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Smart Sensor Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Smart Sensor Market, by Type
1.4.2 North America Smart Sensor Market, by End User
1.4.3 North America 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. North America Smart Sensor Market by End Use
4.1 North America Smart Sensor Consumer Electronics Market by Country
4.2 North America Smart Sensor Automotive Market by Country
4.3 North America Smart Sensor Industrial Market by Country
4.4 North America Smart Sensor Healthcare Market by Country
4.5 North America Smart Sensor Infrastructural Market by Country
4.6 North America Other Smart Sensor Market by Country
Chapter 5. North America Smart Sensor Market by Type
5.1 North America Image Sensor Smart Sensor Market by Country
5.2 North America Motion Sensor Smart Sensor Market by Country
5.3 North America Touch Sensor Smart Sensor Market by Country
5.4 North America Pressure Sensor Smart Sensor Market by Country
5.5 North America Temperature Sensor Smart Sensor Market by Country
5.6 North America Position Sensor Smart Sensor Market by Country
5.7 North America Light Sensor Smart Sensor Market by Country
5.8 North America Others Smart Sensor Market by Country
Chapter 6. North America Smart Sensor Market by Country
6.1 US Smart Sensor Market
6.1.1 US Smart Sensor Market by End Use
6.1.2 US Smart Sensor Market by Type
6.2 Canada Smart Sensor Market
6.2.1 Canada Smart Sensor Market by End Use
6.2.2 Canada Smart Sensor Market by Type
6.3 Mexico Smart Sensor Market
6.3.1 Mexico Smart Sensor Market by End Use
6.3.2 Mexico Smart Sensor Market by Type
6.4 Rest of North America Smart Sensor Market
6.4.1 Rest of North America Smart Sensor Market by End Use
6.4.2 Rest of North America 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 North America Smart Sensor Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 7 North America Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 8 North America Smart Sensor Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Smart Sensor Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Smart Sensor Automotive Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Smart Sensor Automotive Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Smart Sensor Industrial Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Smart Sensor Industrial Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Smart Sensor Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Smart Sensor Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Smart Sensor Infrastructural Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Smart Sensor Infrastructural Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Other Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Other Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 21 North America Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 22 North America Image Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Image Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Motion Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Motion Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Touch Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Touch Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Pressure Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Pressure Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Temperature Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Temperature Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Position Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Position Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Light Sensor Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Light Sensor Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Others Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Others Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Smart Sensor Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Smart Sensor Market by Country, 2021 - 2027, USD Million
TABLE 40 US Smart Sensor Market, 2017 - 2020, USD Million
TABLE 41 US Smart Sensor Market, 2021 - 2027, USD Million
TABLE 42 US Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 43 US Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 44 US Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 45 US Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 46 Canada Smart Sensor Market, 2017 - 2020, USD Million
TABLE 47 Canada Smart Sensor Market, 2021 - 2027, USD Million
TABLE 48 Canada Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 49 Canada Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 50 Canada Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 51 Canada Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 52 Mexico Smart Sensor Market, 2017 - 2020, USD Million
TABLE 53 Mexico Smart Sensor Market, 2021 - 2027, USD Million
TABLE 54 Mexico Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 55 Mexico Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 56 Mexico Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 57 Mexico Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 58 Rest of North America Smart Sensor Market, 2017 - 2020, USD Million
TABLE 59 Rest of North America Smart Sensor Market, 2021 - 2027, USD Million
TABLE 60 Rest of North America Smart Sensor Market by End Use, 2017 - 2020, USD Million
TABLE 61 Rest of North America Smart Sensor Market by End Use, 2021 - 2027, USD Million
TABLE 62 Rest of North America Smart Sensor Market by Type, 2017 - 2020, USD Million
TABLE 63 Rest of North America Smart Sensor Market by Type, 2021 - 2027, USD Million
TABLE 64 Key Information – Infineon Technologies AG
TABLE 65 Key Information – STMicroelectronics N.V.
TABLE 66 Key Information – Microchip Technology, Inc.
TABLE 67 Key Information – NXP Semiconductors N.V.
TABLE 68 Key Information – ABB Group
TABLE 69 Key Information – Siemens AG
TABLE 70 key information – Robert Bosch GmbH
TABLE 71 Key information – Honeywell International, Inc.
TABLE 72 Key Information – General Electric (GE) Co.
TABLE 73 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.