|By Business Wire||
|April 22, 2014 12:01 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/5rbvhh/smartintelligent) has announced the addition of the "Smart/Intelligent Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
Driven by continuous growth in sales of smartphones, tablets, cars and others devices, global market for smart/intelligent sensors was valued at USD 9.0 billion in 2012 and is expected to reach USD 21.60 billion by 2019, growing at a CAGR of 12.2% during the forecast period from 2013 to 2019. Smart/intelligent sensors are now being incorporated in devices such as smartphones, cars and medical equipment enabling them provide advanced features.
Increasing demand of smartphones, tablets and PCs among others has additionally supported the market growth. The adoption of smart/intelligent sensors is increasing in various industries such as medical, automotive, industrial, consumer electronics and infrastructure among others. The growth of smart/intelligent sensors can be attributed to the growing application in transportation and logistics. The ever increasing demand of the mobile devices such as smartphones and tablets has led to the inclusion of sensors such as image and touch sensors making the devices more advanced than its predecessors. The growing demand of such sensors in military and defense has also contributed to the growth of the smart sensors market.
Geographically, Europe held the largest share in the smart/intelligent sensors market in 2012. The demand for smart sensors in Europe is primarily driven by the medical industry that has set high standards in the field of health care. Some of the automobile manufacturers based in Europe are supporting the demand for smart/intelligent sensors in the region. Some of the Europe based automobile manufacturers are Volkswagen, Toyota, BMW, Ford and Renault among others.
North America followed Europe in terms of geographical market share. The growth in the region is attributed to the growing demand of consumer electronics and advanced medical equipments in the region. The market in this region is also supported by the automobile industry which has set strict regulations related to cars. Additionally, other end user segments such as infrastructure, industrial and avionics among others are also contributing to the growth of the smart/intelligent sensors in the region.
The global smart/intelligent sensors market is segmented as below:
- Image sensors
- Touch sensors
- Smart temperature sensors
- Smart pressure sensors
- Smart position sensors
- Consumer electronics
- Others (Avionics, food & beverage)
Key Topics Covered:
- Executive Summary
- Market overview
- Global Smart/Intelligent Sensors Market Analysis, by Product
- Smart/Intelligent Sensors Market Analysis, by Application
- Global Smart/intelligent Sensors Market Analysis and Forecast, by Geography
- Company Profiles
- Analog Devices, Inc.
- Custom Sensors & Technologies, Inc.
- Delphi Automotive PLC
- Eaton Corporation plc
- Emerson Process Management LLLP
- Infineon Technologies AG
- Omron Corp
- Vishay Intertechnology, Inc.
- Wilcoxon Research, Inc.
- Yokogawa Electric Corp
For more information visit http://www.researchandmarkets.com/research/5rbvhh/smartintelligent