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Global Smart Sensors Market Trends, Analysis, And Forecast To 2025
Smart sensor is an upcoming element of Internet of Things (IoT), which transmits data over the available
networks. These devices also enables functions such as digital processing, data conversion, and
interaction with external devices.The smart sensor market size is estimated to witness the double-digit
growth rate during the upcoming period.
The demand of smart sensor is currently witnessing an escalating demand from automotive and
consumer electronics industries, accounting to the application of such devices for measuring, controlling,
computing, and communicating purposes. Moreover, the factors like growing consumer demand from
electronics sector, surge in the automotive industry on a global basis, favorable government initiatives,
and growing trend of miniaturization in sensors are some of the major growth drivers for this market.
Americas is expected to dominate the smart sensor market, globally, owing to the mounting demand for
smart homes and IoT in the U.S., early adoption of technology, and growing automotive and consumer
electronics industries in the region. The APAC region also offers potential growth opportunities owing to
the increasing government policies and demand from growing economies such as China and India among
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The global smart sensors market can be segmented on the basis of type, end-user and region. On the basis
of type, the global smart sensors market can be segmented into image sensors, smart motion sensors,
smart position sensors, smart pressure sensors, smart temperature sensors and touch sensors. On the
basis of end-user, the global smart sensors market can be segmented into automotive industry, consumer
electronics, industrial, infrastructure, medical equipment and others.
Eaton Corp., Emerson Process Management,
Infineon Technologies AG,
Nxp Semiconductors N.V.,
Stmicroelectronics N.V. and Yokogawa Electric Corp.
On the basis of region, the global smart sensors market can be segmented into
Middle East & Africa,
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