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Global Smart Sensors Market Analysis & Forecasts 2018-2023, With an Expected CAGR of 17.45% - ResearchAndMarkets.com

August 2, 2018

DUBLIN--(BUSINESS WIRE)--Aug 2, 2018--The “Global Smart Sensors Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

The smart sensors market is expected to grow at a compound annual growth rate of 17.45% over the forecast period to reach a total market size of US$70.617 billion by 2023, from an estimated value of US$26.906 billion in 2017.

Smart sensors detect the input from the physical environment and provide an automated and an accurate data with less or no error. These sensors are used for the monitoring and control mechanisms which detect and process data, are used extensively in applications such as smart grids, and various other scientific applications. A tremendous progress in the semiconductor industry has resulted in the cost reduction of the microprocessors, thereby boosting the smart sensors market growth.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.

Companies Mentioned

The General Electric Company Eaton ABB HONEYWELL INTERNATIONAL INC. Analog Devices, Inc. Infineon Technologies AG STMicroelectronics InvenSense NXP Semiconductors Bosch Sensortec GmbH TE Connectivity

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Smart Sensors Market By Type

6. Global Smart Sensors Market By Technology

7. Global Smart Sensors Market By Industry Vertical

8. Global Smart Sensors Market By Geography

9. Competitive Intelligence

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/rwdnxl/global_smart?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180802005579/en/

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Related Topics:Sensors

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/02/2018 11:06 AM/DISC: 08/02/2018 11:06 AM

http://www.businesswire.com/news/home/20180802005579/en

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