Artificial Sensing Systems: Global Markets to 2023

Report Highlights

The global market for artificial sensing systems should grow from $19.9 billion in 2018 to $26.7 billion in 2023, at a compound annual growth rate (CAGR) of 6.0% during the forecast period of 2018-2023.

Report Includes

• 26 tables
• An overview of the global market for artificial sensing systems within the industry
• Analyses of global market trends with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
• Explanations of market dynamics for artificial sensing-related technology, along with its growth driving factors and inhibitors, and applications of sensing technology and products as they apply to different medical, business, and governmental sectors
• Segmentation of the global market data by technology type, application sector, end use industry and geographical region
• Assessments of intellectual property related to the various artificial sensing categories, including technology development over time, and pending technological innovations and inventions
• Profiles of leading manufacturers of artificial sensing including Autoliv Inc., Keyence Corp, National Instruments, Omron Corp., and Siemens Milltronics Process Instrument Inc.

Report Scope

The report sizes the market by technology, including sensors within the vision, touch, hearing and movement segments. The top seven application areas are sized, forecast and discussed in depth. These include agriculture, appliances, automotive, healthcare, industrial, logistics and military. In addition, the overall market and each application area is assessed on a worldwide and regional basis, including North America, Latin America, Europe, the Middle East and Africa and Asia-Pacific.

Finally, the report presents an analysis of the competitive dynamics of the artificial sensing market, including critical success factors such as research and development capability, installed base, branding and ecosystem influence and partnerships. The report provides profiles of the top 30 manufacturers of artificial sensing.

Analyst Credentials

Michael Sullivan has more than 20 years of experience tracking and analyzing technology and buyer behavior in energy and information technology (IT). He is an expert in the changes to business, energy and technology strategy that occur at the inflection points. Michael has written and researched the current inflection points of green buildings, energy management systems and cloud for companies such as Microsoft and Hewlett-Packard, as well as energy and building system transformation for companies such as Schneider-Electric. An author and journalist, he also writes market research reports in the categories of Environment, Healthcare, Information Technology, Instrumentation and Sensors and Security. He has an MBA from Boston University School of Management.