According to a recent market research report published by Transparency Market Research, the global smart/intelligent sensors market is estimated to expand at a CAGR of 12.2% during the period between 2013 and 2019. The report, titled “Smart/Intelligent Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”, projects the global smart/intelligent sensors market to be worth US$21.60 bn by 2019. The overall market stood at a valuation of US$9.0 bn in 2012.
The rapidly growing importance of smaller and more diversely
functional smart/intelligent sensors across applications such as healthcare
monitoring, collision prevention, automotive application, and oil platforms has
boosted the growth of the global smart/intelligent sensors market. The report
points out that increasing application of smart/intelligent sensors in
transportation and logistics, military, and surveillance will further augment
the growth of the market during the forecast horizon. However, high replacement
costs and lack of privacy are the key factors restraining the market’s growth.
The global smart/intelligent sensors market has a huge opportunity to grow with
the development of smart cities and the growing trend of harnessing power from
non-conventional sources of energy.
Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=779
In terms of application, the report segments the global
smart/intelligent sensors market into medical equipment, consumer electronics,
infrastructure, automotive industry, and others including avionics and food and
beverage. In 2012, the automotive sector dominated the overall market, closely
followed by the industrial sector. Both these sectors are anticipated to
maintain their leading positions in the market during the forecast horizon.
Describing the competitive hierarchy, the report profiles
some of the key players in the global smart/intelligent sensors market such as Custom
Sensors and Technologies Inc., Analog Devices Inc., Delphi Automotive PLC,
Eaton Corporation PLC, Emerson Process Management LLLP, Omron Corp., Infineon
Technologies AG, Vishay Intertechnology Inc., Yokogawa Electric Corp., and
Wilcoxon Research Inc. The report further provides insightful
information about the players by including their financial overview, business
strategies, and recent developments. The key players are focusing on
advancements in smart/intelligent sensors, thereby expanding their applications
across other sectors.
Global Smart/Intelligent Sensors Market has been segmented
as:
Product types segmentation of smart/ intelligent sensors
market
- Image
sensors
- Smart
temperature sensors
- Touch
sensors
- Smart
position
- Smart
pressure sensors
Application base segmentation of smart/intelligent
sensors market
- Automotive
- Industrial
- Infrastructure
- Medical
- Others
(Food & beverage, avionics)
Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=779
About Us
Transparency Market Research (TMR) is a global market
intelligence company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use proprietary data
sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by
a team of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research techniques to
develop distinctive data sets and research material for business reports.
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
No comments:
Post a Comment