Global Sensors
Market Report
2024
sensors market in consumer electronics market size is USD 21280 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global sensors market in consumer electronics market size is USD 21280 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Sensors Market Sales Revenue 2024 | $ 21280 Million |
Global Sensors Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.3% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Sensors industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Sensors Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Sensors in consumer electronics improve the operation, practicality, & effectiveness of various goods, including mobile phones, tablets, personal tech, video games, household appliances, and many more. Consumer electronics with sensors are in great demand due to the growing desire for digital items that provide an immersive experience while also being thin, high-quality, energy-efficient, and having high-definition brightness. Discoveries in new capabilities, improvements in performance, and the expansion of the spectrum of sensor applications across industries like manufacturing, consumer electronics, healthcare, and automotive are technical drivers of the market.
Rising demand for smart sensors - The global sensor market is expected to experience development due to the rising demand for smart sensors in consumer electronics and Internet of Things (IoT)-based devices. Sensor technology has advanced to unprecedented levels thanks to the Internet of Things. Internet of Things (IoT) platforms enable devices to function autonomously and the ecosystem as a whole to become smarter by providing data and information through a variety of sensors.
Another factor is customer demand for wearable technology. Numerous applications, including health sensors and gesture detection, are rapidly adopting wearable technology.
A lack of expert knowledge will impede the expansion of the market.
The high cost of entry and continuing upkeep of smart sensors are likely to impede the industry's growth.
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In February 2024, Panasonic Corporation has announced that it will begin taking orders for a new product called the ultrasound stream and saturation device for hydrogen. This meter is specifically built for the Chinese market and can measure both the flow and concentration of hydrogen in conditions with high humidity.
(Source:https://news.panasonic.com/global/press/en240314-2)
Top Companies Market Share in Sensors Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the consumer electronics sensors market because of its supply chain infrastructure and higher manufacturing efficiency compared to its competitors. All of these things point to the sensors industry in the region having a lot of potential for growth.
Asia-Pacific stands out as the fastest-growing region in the consumer electronics sensors market due to several factors, including rising investment from outside the country into the manufacturing and industrial sectors, a growing population, the presence of multiple manufacturing facilities, the low cost of smart sensors, and advances in technology in developing economies. Additionally, there are growing government initiatives in growing countries to expand the manufacturing sector.
The current report Scope analyzes Sensors Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Sensors Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sensors Industry growth. Sensors market has been segmented with the help of its Type, Application , and others. Sensors market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Sensors market.
Type of Sensors analyzed in this report are as follows:
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According to cognitive market research, motion sensors are the dominant category. Motion sensors are now essential components of Internet of Things devices, allowing for precise gesture recognition, activity monitoring, and security features. There will be a worldwide upsurge in sensor demand due to the increasing usage of movement sensors in robotic automation in industrial processes and as an integral component of advanced driver-assistance systems (ADAS) for vehicle safety.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Sensors Market is witnessing significant growth in the near future.
In 2023, the Image Sensors segment accounted for noticeable share of global Sensors Market and is projected to experience significant growth in the near future.
The Communication segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sony , Synaptic and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Image Sensors, Motion Sensors, Temperature Sensors, Pressure Sensors, Touch Sensors, Position Sensors |
Application | Communication, Entertainment, Home Appliances, IT |
List of Competitors | Sony, Aptina Imaging, Synaptic, Bosch, STMicroelectronics, Samsung, Panasonic, Toshiba, AMS, NXP Semiconductors |
This chapter will help you gain GLOBAL Market Analysis of Sensors. Further deep in this chapter, you will be able to review Global Sensors Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sensors market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Image Sensors have a significant impact on Sensors market? |
What are the key factors affecting the Image Sensors and Motion Sensors of Sensors Market? |
What is the CAGR/Growth Rate of Communication during the forecast period? |
By type, which segment accounted for largest share of the global Sensors Market? |
Which region is expected to dominate the global Sensors Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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