The global market for sensors should total $283.4 billion in 2023 increasing from $152.2 billion in 2018 at a compound annual growth rate (CAGR) of 13.2% from 2018 through 2023.
A detailed overview and industry analysis of the global markets for sensors within the industry
Analyses of global market trends with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
Segmentation of the global market by various types, end-uses, application industries, and geographical regions
Country specific data and analysis for U.S., Canada, Mexico, Germany, France, Italy, Russia, China, India, Japan, Brazil, South Africa and Middle Eastern Countries
Underlying factors influencing the global sensors market such as drivers, restraints, technological advancements, current and future trends, and regulatory developments
Analyze the broad applications of sensors and the markets for such applications, with a special emphasis on new products being developed and the markets for these products
A relevant patent analysis with an assessment of technological and competitive landscape in which an organization operates
Information about new developments taking place in the sensor industry regarding continuous improvements in environmental performance
Company profiles of major players in the market including Analog Devices Inc., Delphi Automotive PLC, Hitachi Automotive Systems, Honeywell Sensing & Controls, NXP Semiconductors, Robert Bosch GmbH, and Texas Instruments Inc.
The scope of the report includes a detailed study of global and regional markets for various types of sensors and their applications, including an explanation of variations in industry growth by region. This report covers only conventional sensors such as pressure, temperature, level, flow and position sensors, and excludes unconventional sensors such as pointing sensors used in touch screens and touch-pads, barcode readers and radio frequency identification (RFID) readers; remote readout and intelligent power meters; gas and water meters; and remote readout heat meters. Estimated values used are based on manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
Srinivasa Rajaram is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has established factories for the production of weighing machines and dynamic balancing machines in India, and has experience in the design, production and servicing of that equipment. He was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and established the company's electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.