Global Smart Sensors Market
                     Global Smart Sensors 
Market
Published by:
 Accurize Market Research
Global Smart Sensors Market is Estimated to Reach 
$101 Billion by 2025, Says Accurize Market Research
Global smart sensors market report published by Accurize 
Market Research forecast that the global market is 
expected to reach $101 billion by 2025; growing at a CAGR 
of 18.5% from 2017 to 2025. By geography, Asia Pacific 
and North America are expected to grow at a CAGR of XX% 
and XX%, respectively, during the forecast period.
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ors-market/sample-request
Growth in electronics & automobile sector, growing 
concern towards surveillance & security, and 
development of smart cities to drive the growth of the 
market
 Increasing demand for electronics & automobile, growing 
concern towards surveillance & security, wireless 
technology, and development of smart cities fuels the 
demand for the global smart sensors market. Moreover, 
favorable government initiatives also boost the growth of 
the market
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Market Segmentation
 The global smart sensors market has been bifurcated on the basis 
of product, end user and geography. Product segment is classified 
into image sensors, touch sensors, smart motion sensors, smart 
temperature sensors, smart pressure sensors and smart position 
sensors. By end user, the market comprises industrial, medical 
equipment, automotive industry, consumer electronics, 
infrastructure, and other end users (avionics, food & beverage).
 By geography the market is segmented into North America, 
Europe, Asia-Pacific and Rest of the World (RoW). North America is 
further bifurcated in U.S., Canada, and Mexico, whereas Europe 
consists of UK, Germany, France, Italy, and Rest of Europe. Asia-
Pacific is segmented into India, China, Japan, South Korea, and Rest 
of Asia-Pacific while RoW is bifurcated into South America, Middle 
East, and Africa.
“Image sensors accounted for the largest market share 
in the product segment", says Accurize
By product segment, image sensors accounted for the majority of 
the market share in the year 2017 and are expected to continue 
its trend during the forecast period. The high growth of image 
sensors is attributed to its strong image quality, high frame rates, 
and very strong sensitivity.
Moreover, in the end user segment, automotive industry 
contributed for the highest market share in 2017, owing to its 
innovation in automotive products. Similarly, automotive industry 
is expected to attain the fastest CAGR over the forecast period 
2017 - 2025.
“North America dominated the global market with the 
highest market share over the forecast period", says 
Accurize
 In 2017, North America generated the maximum revenue 
accounting for more than 32.9% of the total market share, owing 
to the growing demand for smart homes and IoT in the U.S., early 
assumption of new technologies, and presence of prominent 
players in the region. In terms of growth, Asia-Pacific is expected 
to attain the fastest CAGR during the forecast period 2017 - 2025. 
The high growth can be attributed to rapid industrialization, 
strong economic development and strengthening manufacturing 
activity particularly in India and china.
Top players in the market
The key market players include
Emerson Electric Co.
Siemens AG
ABB Ltd.
Analog Devices Inc.
Yokogawa India Ltd.
Eaton Corporation
 Infineon Technologies AG
Renesas Electronics Corporation
NXP Semiconductors and
STMicroelectronics among others.
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