{"id":8454,"date":"2020-04-30T23:30:00","date_gmt":"2020-04-30T23:30:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2537472"},"modified":"2020-04-30T23:30:00","modified_gmt":"2020-04-30T23:30:00","slug":"smart-sensor-market-worth-87-6-billion-by-2025","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/30\/smart-sensor-market-worth-87-6-billion-by-2025\/","title":{"rendered":"Smart Sensor Market Worth $87.6 Billion by 2025"},"content":{"rendered":"<p>According to the new market research report <strong>&#8220;Smart Sensor Market by Type (Temperature &amp; Humidity, Pressure, Touch, Motion &amp; Occupancy, Water, Position, Light, and Others), Technology (MEMS, CMOS), Component (ADC, DAC, Microcontroller), Connectivity, Industry, and Region &#8211; Global Forecast to 2025&#8221;<\/strong>, published by MarketsandMarkets&trade;, the global Smart Sensor Market size is expected to grow from <span class=\"xn-money\">USD 36.6 billion<\/span> in 2020 to <span class=\"xn-money\">USD 87.6 billion<\/span> by 2025, at a CAGR of 19.0%. Increasing usage of smart sensors in various manufacturing industries and Escalating demand for smart sensors by automobile manufacturers to deliver improved safety and comfort are the key factors driving the growth of the smart sensor market.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Ask for PDF Brochure: <br class=\"dnr\" \/><\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=43119772#utm_source=icrowdnewswire&amp;utm_medium=referral&amp;utm_campaign=paidpr\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=43119772<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>The market for temperature &amp; humidity sensor to grow at the highest CAGR during 2020&ndash;2025<\/strong><\/p>\n<p>The market size for temperature &amp; humidity sensor is projected to grow at the highest CAGR during the forecast period. Smart temperature sensors are used widely in measurement control systems and instrumentation. Temperature sensors that provide an interpretable temperature reading in a digital format are easy to use in many applications, such as healthcare, automotive, and building automation. Advancements in IC technology have allowed researchers to integrate bipolar transistors in temperature sensors, along with interface electronics, to make the temperature sensor smart.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Consumer electronics to dominate the smart sensor market, by end-users, in 2020<\/strong><\/p>\n<p>The demand for consumer electronics is expected to hold the largest share in 2020. The consumer electronics sector is a rapidly changing and dynamic industry with increasing competition among market players. Currently, manufacturers of consumer electronics are under immense pressure to bring unique and differentiated products into the market. Smart sensors such as motion, temperature, image, touch, and pressure sensors are among the essential components utilized in all these products to ensure comfort and control for the user.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>The Americas to hold the largest share of the global smart sensor market in 2020<\/strong><\/p>\n<p>In terms of value, <span class=\"xn-location\">North America<\/span> is expected to dominate the smart sensor industry in 2020. In the Americas, the US is the largest market in terms of the consumption and production of smart sensors, as most of the significant market players have set up their manufacturing units in the US. Moreover, automotive and consumer electronics are well-established industries in the region, which contribute most to the growth of the smart sensor market in the Americas.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Browse&nbsp;in-depth TOC on<\/em><strong>&nbsp;&#8220;<\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/smart-sensor-market-43119772.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Smart Sensor Market<\/a><strong>&#8220;<\/strong><\/p>\n<p><strong>113 &ndash; Tables <\/strong><\/p>\n<p><strong>54 &ndash; Figures <\/strong><\/p>\n<p><strong>220 &ndash; Pages <\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Inquiry Before Buying: <br class=\"dnr\" \/><\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/Enquiry_Before_BuyingNew.asp?id=43119772#utm_source=icrowdnewswire&amp;utm_medium=referral&amp;utm_campaign=paidpr\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.marketsandmarkets.com\/Enquiry_Before_BuyingNew.asp?id=43119772<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Infineon Technologies (<span class=\"xn-location\">Germany<\/span>), Microchip Technology (US), Analog Devices (US), TE Connectivity (<span class=\"xn-location\">Switzerland<\/span>), STMicroelectronics (<span class=\"xn-location\">Switzerland<\/span>), Eaton Corporation (<span class=\"xn-location\">Ireland<\/span>), Honeywell (US), NXP Semiconductors (<span class=\"xn-location\">Netherlands<\/span>), Emerson Electric (US), ABB (<span class=\"xn-location\">Switzerland<\/span>), Siemens (<span class=\"xn-location\">Germany<\/span>), <span class=\"xn-person\">Robert Bosch<\/span> (<span class=\"xn-location\">Germany<\/span>), TDK Corporation (<span class=\"xn-location\">Japan<\/span>), General Electric (US),&nbsp; <span class=\"xn-person\">Legrand (France)<\/span>, Vishay Precision Group (US), Balluff (<span class=\"xn-location\">Switzerland<\/span>), Airmar Technology Corporation (US), Memsic (US), and Sensirion (<span class=\"xn-location\">Switzerland<\/span>) are a few major companies dominating the global smart sensor market.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Related Reports :<\/strong><\/p>\n<p><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/pressure-sensor-market-871.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Pressure Sensor Market<\/a><strong>&nbsp;<\/strong>by Product Type (Absolute, Gauge, Differential, Sealed, and Vacuum), Technology (Piezoresistive, Capacitive, Resonant, Electromagnetic, and Optical), Application, Function, End-User Industry, and Geography &#8211; Global Forecast to 2024&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/occupancy-sensor-market-3859894.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Occupancy Sensor Market<\/a><strong>&nbsp;<\/strong>by Technology (PIR, Ultrasonic, Dual), Network Connectivity (Wired &amp; Wireless), Coverage Area (Less than 89&deg;, 90&ndash;179&deg;, 180&ndash;360&deg;), Application, Building Type (Residential, Commercial) and Geography &#8211; Global Forecast to 2024<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/smart-sensor-market\/\" rel=\"tag\">Smart Sensor Market<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/smart-sensor-market-43119772.html\" target=\"_blank\">https:\/\/www.marketsandmarkets.com\/Market-Reports\/smart-sensor-market-43119772.html<\/a><br \/><b>Contact Information:<\/b><br \/>Mr. Aashish Mehra<br \/>\nMarketsandMarkets<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/11.2.0\/72x72\/2122.png\" alt=\"&trade;\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> INC.<br \/>\n630 Dundee Road<br \/>\nSuite 430<br \/>\nNorthbrook, IL 60062<br \/>\nUSA: +1-888-600-6441<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Mr. Aashish Mehra<br \/>\nMarketsandMarkets\u2122 INC. <br \/>\n630 Dundee Road <br \/>\nSuite 430 <br \/>\nNorthbrook, IL 60062 <br \/>\nUSA: +1-888-600-6441<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to the new market research report &ldquo;Smart Sensor Market by Type (Temperature &amp; Humidity, Pressure, Touch, Motion &amp; Occupancy, Water, Position, Light, and Others), Technology (MEMS, CMOS), Component (ADC, DAC, Microcontroller), Connectivity, Industry, and Region &ndash; Global Forecast to 2025&rdquo;, published by MarketsandMarkets&trade;, the global Smart Sensor Market size is expected to grow from &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/30\/smart-sensor-market-worth-87-6-billion-by-2025\/\">Continue reading <span>Smart Sensor Market Worth $87.6 Billion by 2025<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/smart-sensor-market-worth-87-6-billion-by-2025\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5,4,54],"tags":[],"class_list":["post-8454","post","type-post","status-publish","format-standard","hentry","category-english","category-extended-distribution","category-research-newswire","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smart Sensor Market Worth $87.6 Billion by 2025 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/04\/30\/smart-sensor-market-worth-87-6-billion-by-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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