Sensors: Technologies and Markets to 2023

Published - Jul 2018| Analyst - Srinivasa Rajaram| Code - IAS006J
Sensors: Technologies and Markets to 2023
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Report Highlights

The global market for sensors should total $283.4 billion in 2023 increasing from $152.2 billion in 2018 at a compound annual growth rate (CAGR) of 13.2% from 2018 through 2023.

Report Includes

  • 127 tables
  • A detailed overview and industry analysis of the global markets for sensors 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
  • Segmentation of the global market by various types, end-uses, application industries, and geographical regions
  • Country specific data and analysis for U.S., Canada, Mexico, Germany, France, Italy, Russia, China, India, Japan, Brazil, South Africa and Middle Eastern Countries
  • Underlying factors influencing the global sensors market such as drivers, restraints, technological advancements, current and future trends, and regulatory developments
  • Analyze the broad applications of sensors and the markets for such applications, with a special emphasis on new products being developed and the markets for these products
  • A relevant patent analysis with an assessment of technological and competitive landscape in which an organization operates
  • Information about new developments taking place in the sensor industry regarding continuous improvements in environmental performance
  • Company profiles of major players in the market including Analog Devices Inc., Delphi Automotive PLC, Hitachi Automotive Systems, Honeywell Sensing & Controls, NXP Semiconductors, Robert Bosch GmbH, and Texas Instruments Inc.

Report Scope

The scope of the report includes a detailed study of global and regional markets for various types of sensors and their applications, including an explanation of variations in industry growth by region. This report covers only conventional sensors such as pressure, temperature, level, flow and position sensors, and excludes unconventional sensors such as pointing sensors used in touch screens and touch-pads, barcode readers and radio frequency identification (RFID) readers; remote readout and intelligent power meters; gas and water meters; and remote readout heat meters. Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Analyst Credentials

Srinivasa Rajaram is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has established factories for the production of weighing machines and dynamic balancing machines in India, and has experience in the design, production and servicing of that equipment. He was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and established the company’s electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.

Table of Contents & Pricing

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Published - Mar-2017| Analyst - Srinivasa Rajaram| Code - IAS006H

Report Highlights

The global market for sensors reached $110.4 billion and $123.5 billion in 2015 and 2016, respectively. This market is expected to increase from nearly $138.8 billion in 2017 to nearly $240.3 billion in 2022 at a compound annual growth rate (CAGR) of 11.8% for 2017-2022. 

Report Includes

  • An overview of the global markets for sensors in various applications, including biosensors, chemical sensors, image sensors, flow sensors, and level sensors.
  • Analyses of global market trends, with data from 2015 and 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
  • A look at sensor growth in terms of accuracy, reliability, response time, robustness, miniaturization, communications capability, efficiencies, and more.
  • Evaluations of the technology and innovation behind sensor development and production.
  • Breakdowns of major market trends both in terms of region and application sector.
  • New developments taking place in the sensor industry with respect to continuous improvements in environmental performance.
  • Profiles of major players in the industry.
Published - Feb-2016| Analyst - Srinivasa Rajaram| Code - IAS006G

Report Highlights

The global market for sensors reached $101.9 billion in 2015. This market should reach $113.2 billion by 2016 and $190.6 billion by 2021, a compound annual growth rate (CAGR) of 11.0% for the period 2016-2021.

Report Includes

  • An overview of the global markets for sensors in various applications, including biosensors, chemical sensors, image sensors, flow sensors, and level sensors
  • Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021
  • A look at sensor growth in terms of accuracy, reliability, response time, robustness, miniaturization, communications capability, efficiencies, and more
  • Evaluations of the technology and innovation behind sensor development and production
  • Breakdowns of major market trends both in terms of region and application sector
  • New developments taking place in the sensor industry with respect to continuous improvements in environmental performance
  • Profiles of major players in the industry.
Published - Jul-2014| Analyst - Srinivasa Rajaram| Code - IAS006F

Report Highlights

The global market for sensors was valued at $79.5 billion in 2013 and is expected to increase to $86.3 billion in 2014, $95.3 billion in 2015, and to nearly $154.4 billion by 2020, a compound annual growth rate (CAGR) of 10.1% over the five-year period from 2015 through 2020.

Report Includes

  • An overview of the global market for sensors in various applications, including biosensors, chemical sensors, image sensors, flow sensors, and level sensors.
  • Analyses of global market trends, with data from 2013-2015, and projections of compound annual growth rates (CAGRs) through 2020.
  • Explanations of the role of sensors in various applications, the technology and innovation behind sensor development and production, and major market trends both in terms of region and application sector.
  • Comprehensive company profiles of major players.
Published - Apr-2013| Analyst - Srinivasa Rajaram| Code - IAS006E

Report Highlights

The global market for sensors by type reached $68.2 billion in 2012 and is expected to reach $79.5 billion in 2014. The market is expected to rise at a CAGR of 7.9% and reach $116.1 billion by 2019.

Report Includes

  • An overview of the global market for sensors in various applications, including biosensors, chemical sensors, image sensors, flow sensors, and level sensors
  • Analyses of global market trends, with data from 2012, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019
  • Explanations of the role of sensors in various applications, the technology and innovation behind sensor development and production, and major market trends both in terms of region and application sector
  • Evaluations of new developments in the sensors industry with respect to continuous improvements in environmental performance
  • Comprehensive company profiles of major players.
Published - Mar-2011| Analyst - Srinivasa Rajaram| Code - IAS006D

Report Highlights

The global market for sensors was estimated at $56.3 billion in 2010.  It is expected to increase to $62.8 billion in 2011 and then to nearly $91.5 billion by 2016, at a compound annual growth rate (CAGR) of 7.8%.

Published - Nov-2004| Analyst - B.L. Gupta| Code - IAS006C

Report Highlights

  • The overall U.S. industrial sensor market will rise at an average annual growth rate (AAGR) of 4.6%, from $6.1 billion in 2004 to $7.6 billion in 2009.
  • Average annual growth is expected to be somewhat higher through 2006 and then fall off somewhat through the remainder of the period.
  • Strongest growth arises from the semiconductor industry and further integration of microelectromechanical systems, all of which are expected to grow at an average annual rate of 7.6%, reaching $2.5 billion by 2009.
  • The rapid pace of growth is attributed to competitive pressures in process industries for improved performance, and to new sensor technologies that are experiencing tremendous success.

Published - Jan-2002| Analyst - Calvin Swift| Code - IAS006B

Report Highlights

  • U.S. sales of industrial sensors will rise at an average annual growth rate (AAGR) of 6.2% from $5 billion in 2001 to $6.78 billion by 2006.
  • Strongest growth comes from developments in the semiconductor industry and the successful integration of micro-electromechanical systems (MEMS). These devices are expected to grow at an AAGR of 9.4% to $2.11 billion by 2006.
  • These technologies will make up the largest market segment in 2006, rising from their current number two position.
  • Older, mature passive, active and electromechanical sensor technologies will grow at more subdued AAGRs of 5.5%, 4.3% and 5.1%, respectively.

 

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