Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global sensors market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the sensors industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global sensors industry.
Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global sensors market is expected to reach $517 billion by 2033, growing by 10.8% annually over the coming years.
Segmentation Analysis
Highlighted with 89 tables and 114 figures, this 238-page report represents a 360-degree view on the global market with extensively detailed segmentations Technology, Output Signal, Component, Measurement, Operation, Distribution Channel, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.
By Technology
• CMOS
• MEMS
• NEMS
• Other Technologies
By Output Signal
• Analog Sensors
• Digital Sensors
By Component
• Amplifiers
• Converters
• Microcontrollers
• Transceivers
• Other Components
By Measurement
• Chemical
• Pressure
• Inertial
• Flow
• Temperature
• Level
• Proximity
• Vibration
• Environmental
• Other Measurements
By Operation
• Piezoresistive
• Capacitive
• Optical
• Electrical Resistance
• Piezoelectric
• Radar
• Biosenser
• Image
• Lidar
• Other Operation Modes
By Industry Vertical
• Automotive
• Consumer Electronics
o Smartphones
o Tablets, Laptops, and Computers
o Wearable Devices
o Smart Appliances or Devices
o Other Consumer Electronics
• Industrial
• IT & Telecom
• Energy
• Medical & Wellness
• Construction, Agriculture, and Mining
• Aerospace & Defense
• Other Industry Verticals
By Distribution Channel
• Aftermarket
• OEM
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Iran, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Technology, Operation, and Industry Vertical over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• ABB Ltd.
• AMS AG
• Bosch Sensortec GmbH
• First Sensor AG
• Honeywell International Inc.
• Infineon Technologies AG
• Microchip Technology Inc.
• NXP Semiconductors N.V.
• Omega Engineering Inc.
• Omron Corporation
• Qualcomm Incorporated
• Robert Bosch GmbH
• Rockwell Automation Inc.
• Semiconductors NV
• Sick AG
• Siemens AG
• Sony Corporation
• STMicroelectronics International N.V.
• TE Connectivity Ltd.
• Texas Instruments Incorporated
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 27
2.1.3 Impact of Russia-Ukraine Conflict 29
2.1.4 Impact of Israel-Palestine War 31
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 43
3 Segmentation of Global Market by Technology 47
3.1 Market Overview by Technology 47
3.2 CMOS 50
3.3 MEMS 51
3.4 NEMS 52
3.5 Other Technologies 53
4 Segmentation of Global Market by Output Signal 54
4.1 Market Overview by Output Signal 54
4.2 Analog Sensors 57
4.3 Digital Sensors 58
5 Segmentation of Global Market by Component 59
5.1 Market Overview by Component 59
5.2 Amplifiers 62
5.3 Converters 63
5.4 Microcontrollers 64
5.5 Transceivers 65
5.6 Other Components 66
6 Segmentation of Global Market by Measurement 67
6.1 Market Overview by Measurement 67
6.2 Chemical 70
6.3 Pressure 71
6.4 Inertial 72
6.5 Flow 73
6.6 Temperature 74
6.7 Level 75
6.8 Proximity 76
6.9 Vibration 77
6.10 Environmental 78
6.11 Other Measurements 79
7 Segmentation of Global Market by Mode of Operation 80
7.1 Market Overview by Mode of Operation 80
7.2 Piezoresistive 83
7.3 Capacitive 84
7.4 Optical 85
7.5 Electrical Resistance 86
7.6 Piezoelectric 87
7.7 Radar 88
7.8 Biosenser 89
7.9 Image 90
7.10 Lidar 91
7.11 Other Operation Modes 92
8 Segmentation of Global Market by Industry Vertical 93
8.1 Market Overview by Industry Vertical 93
8.2 Automotive 96
8.3 Consumer Electronics 97
8.4 Industrial 99
8.5 IT & Telecom 100
8.6 Energy 101
8.7 Medical & Wellness 102
8.8 Construction, Agriculture, and Mining 103
8.9 Aerospace & Defense 104
8.10 Other Industry Verticals 105
9 Segmentation of Global Market by Distribution Channel 106
9.1 Market Overview by Distribution Channel 106
9.2 Aftermarket 109
9.3 OEM 110
10 Segmentation of Global Market by Region 111
10.1 Geographic Market Overview 2023-2033 111
10.2 North America Market 2023-2033 by Country 116
10.2.1 Overview of North America Market 116
10.2.2 U.S. 120
10.2.3 Canada 124
10.2.4 Mexico 127
10.3 European Market 2023-2033 by Country 130
10.3.1 Overview of European Market 130
10.3.2 Germany 134
10.3.3 U.K. 137
10.3.4 France 140
10.3.5 Spain 143
10.3.6 Italy 146
10.3.7 Russia 149
10.3.8 Rest of European Market 152
10.4 Asia-Pacific Market 2023-2033 by Country 154
10.4.1 Overview of Asia-Pacific Market 154
10.4.2 Japan 158
10.4.3 China 162
10.4.4 Australia 165
10.4.5 India 168
10.4.6 South Korea 171
10.4.7 Rest of APAC Region 174
10.5 South America Market 2023-2033 by Country 176
10.5.1 Argentina 180
10.5.2 Brazil 183
10.5.3 Chile 186
10.5.4 Rest of South America Market 189
10.6 MEA Market 2023-2033 by Country 190
10.6.1 UAE 194
10.6.2 Saudi Arabia 197
10.6.3 Iran 200
10.6.4 Other National Markets 203
11 Competitive Landscape 204
11.1 Overview of Key Vendors 204
11.2 New Product Launch, Partnership, Investment, and M&A 207
11.3 Company Profiles 208
ABB Ltd. 208
AMS AG 210
Bosch Sensortec GmbH 211
First Sensor AG 212
Honeywell International Inc. 213
Infineon Technologies AG 214
Microchip Technology Inc. 215
NXP Semiconductors N.V. 216
Omega Engineering Inc. 217
Omron Corporation 218
Qualcomm Incorporated 219
Robert Bosch GmbH 220
Rockwell Automation Inc. 221
Semiconductors NV 222
Sick AG 223
Siemens AG 224
Sony Corporation 225
STMicroelectronics International N.V. 226
TE Connectivity Ltd. 227
Texas Instruments Incorporated 228
12 Investing in Sensors Industry: Risk Assessment and Management 229
12.1 Risk Evaluation of Global Market 229
12.2 Critical Success Factors (CSFs) 235
RELATED REPORTS 238
List of Tables:
Table 1. Snapshot of Global Sensors Market in Balanced Perspective, 2023-2033 20
Table 2. World Economic Outlook, 2024-2036 24
Table 2. World Economic Outlook, 2022-2024 26
Table 4. Scenarios for Economic Impact of Ukraine Crisis 30
Table 4. Scenarios for Economic Impact of Israel-Palestine War 31
Table 6. Main Product Trends and Market Opportunities in Global Sensors Market 40
Table 7. Global Sensors Market by Technology, 2023-2033, $ mn 48
Table 8. Global Sensors Market by Output Signal, 2023-2033, $ mn 55
Table 9. Global Sensors Market by Component, 2023-2033, $ mn 60
Table 10. Global Sensors Market by Measurement, 2023-2033, $ mn 68
Table 11. Global Sensors Market by Mode of Operation, 2023-2033, $ mn 81
Table 12. Global Sensors Market by Industry Vertical, 2023-2033, $ mn 94
Table 9. Global Sensors Market: Consumer Electronics by Type, 2023-2033, $ mn 98
Table 12. Global Sensors Market by Distribution Channel, 2023-2033, $ mn 107
Table 13. Global Sensors Market by Region, 2023-2033, $ mn 113
Table 14. Leading National Sensors Market, 2023 and 2033, $ mn 115
Table 15. North America Sensors Market by Country, 2023-2033, $ mn 118
Table 16. U.S. Sensors Market by Technology, 2023-2033, $ mn 122
Table 17. U.S. Sensors Market by Operation, 2023-2033, $ mn 122
Table 18. U.S. Sensors Market by Industry Vertical, 2023-2033, $ mn 123
Table 19. Canada Sensors Market by Technology, 2023-2033, $ mn 125
Table 20. Canada Sensors Market by Operation, 2023-2033, $ mn 125
Table 21. Canada Sensors Market by Industry Vertical, 2023-2033, $ mn 126
Table 22. Mexico Sensors Market by Technology, 2023-2033, $ mn 128
Table 23. Mexico Sensors Market by Operation, 2023-2033, $ mn 128
Table 24. Mexico Sensors Market by Industry Vertical, 2023-2033, $ mn 129
Table 25. Europe Sensors Market by Country, 2023-2033, $ mn 132
Table 26. Germany Sensors Market by Technology, 2023-2033, $ mn 135
Table 27. Germany Sensors Market by Operation, 2023-2033, $ mn 135
Table 28. Germany Sensors Market by Industry Vertical, 2023-2033, $ mn 136
Table 29. U.K. Sensors Market by Technology, 2023-2033, $ mn 138
Table 30. U.K. Sensors Market by Operation, 2023-2033, $ mn 138
Table 31. U.K. Sensors Market by Industry Vertical, 2023-2033, $ mn 139
Table 32. France Sensors Market by Technology, 2023-2033, $ mn 141
Table 33. France Sensors Market by Operation, 2023-2033, $ mn 141
Table 34. France Sensors Market by Industry Vertical, 2023-2033, $ mn 142
Table 35. Spain Sensors Market by Technology, 2023-2033, $ mn 144
Table 36. Spain Sensors Market by Operation, 2023-2033, $ mn 144
Table 37. Spain Sensors Market by Industry Vertical, 2023-2033, $ mn 145
Table 38. Italy Sensors Market by Technology, 2023-2033, $ mn 147
Table 39. Italy Sensors Market by Operation, 2023-2033, $ mn 147
Table 40. Italy Sensors Market by Industry Vertical, 2023-2033, $ mn 148
Table 41. Russia Sensors Market by Technology, 2023-2033, $ mn 150
Table 42. Russia Sensors Market by Operation, 2023-2033, $ mn 150
Table 43. Russia Sensors Market by Industry Vertical, 2023-2033, $ mn 151
Table 44. Sensors Market in Rest of Europe by Country, 2023-2033, $ mn 153
Table 45. APAC Sensors Market by Country, 2023-2033, $ mn 156
Table 46. Japan Sensors Market by Technology, 2023-2033, $ mn 160
Table 47. Japan Sensors Market by Operation, 2023-2033, $ mn 160
Table 48. Japan Sensors Market by Industry Vertical, 2023-2033, $ mn 161
Table 49. China Sensors Market by Technology, 2023-2033, $ mn 163
Table 50. China Sensors Market by Operation, 2023-2033, $ mn 163
Table 51. China Sensors Market by Industry Vertical, 2023-2033, $ mn 164
Table 52. Australia Sensors Market by Technology, 2023-2033, $ mn 166
Table 53. Australia Sensors Market by Operation, 2023-2033, $ mn 166
Table 54. Australia Sensors Market by Industry Vertical, 2023-2033, $ mn 167
Table 55. India Sensors Market by Technology, 2023-2033, $ mn 169
Table 56. India Sensors Market by Operation, 2023-2033, $ mn 169
Table 57. India Sensors Market by Industry Vertical, 2023-2033, $ mn 170
Table 58. South Korea Sensors Market by Technology, 2023-2033, $ mn 172
Table 59. South Korea Sensors Market by Operation, 2023-2033, $ mn 172
Table 60. South Korea Sensors Market by Industry Vertical, 2023-2033, $ mn 173
Table 61. Sensors Market in Rest of APAC by Country/Region, 2023-2033, $ mn 175
Table 62. South America Sensors Market by Country, 2023-2033, $ mn 178
Table 63. Argentina Sensors Market by Technology, 2023-2033, $ mn 181
Table 64. Argentina Sensors Market by Operation, 2023-2033, $ mn 181
Table 65. Argentina Sensors Market by Industry Vertical, 2023-2033, $ mn 182
Table 66. Brazil Sensors Market by Technology, 2023-2033, $ mn 184
Table 67. Brazil Sensors Market by Operation, 2023-2033, $ mn 184
Table 68. Brazil Sensors Market by Industry Vertical, 2023-2033, $ mn 185
Table 69. Chile Sensors Market by Technology, 2023-2033, $ mn 187
Table 70. Chile Sensors Market by Operation, 2023-2033, $ mn 187
Table 71. Chile Sensors Market by Industry Vertical, 2023-2033, $ mn 188
Table 72. MEA Sensors Market by Country, 2023-2033, $ mn 192
Table 73. UAE Sensors Market by Technology, 2023-2033, $ mn 195
Table 74. UAE Sensors Market by Operation, 2023-2033, $ mn 195
Table 75. UAE Sensors Market by Industry Vertical, 2023-2033, $ mn 196
Table 76. Saudi Arabia Sensors Market by Technology, 2023-2033, $ mn 198
Table 77. Saudi Arabia Sensors Market by Operation, 2023-2033, $ mn 198
Table 78. Saudi Arabia Sensors Market by Industry Vertical, 2023-2033, $ mn 199
Table 79. Iran Sensors Market by Technology, 2023-2033, $ mn 201
Table 80. Iran Sensors Market by Operation, 2023-2033, $ mn 201
Table 81. Iran Sensors Market by Industry Vertical, 2023-2033, $ mn 202
Table 83. ABB Ltd.: Company Snapshot 208
Table 84. ABB Ltd.: Business Segmentation 209
Table 85. ABB Ltd.: Product Portfolio 209
Table 86. List of Risk Factors and Weight Percentages/Theoretical Maximum 230
Table 87. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 231
Table 88. Risk Evaluation for Investing in Global Market, 2023-2033 232
Table 89. Critical Success Factors and Key Takeaways 236