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Smart Intelligent Sensors Market: Lucrative Opportunites across Globe
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In terms of application, the report segments the global smart/intelligent sensors market into medical equipment, consumer electronics, infrastructure, automotive industry, and others including avionics and food and beverage. In 2012, the automotive sector dominated the overall market, closely followed by the industrial sector. Both these sectors are anticipated to maintain their leading positions in the market during the forecast horizon.
The report studies the global smart/intelligent sensors market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. The overall market witnessed the highest demand from Europe in 2012. The robust growth of the market in Europe can be attributed to the high healthcare standards, developed infrastructure, and presence of leading automobile manufacturers such as Audi, Renault, and BMW. North America ranks second in terms of market share in the global smart/intelligent sensors market. The growing demand for advanced medical equipment, introduction of advanced features in automobiles, and consumer preference for the replacement of electronic devices for technologically advanced features have propelled the growth of the market in this region.
Describing the competitive hierarchy, the report profiles some of the key players in the global smart/intelligent sensors market such as Custom Sensors and Technologies Inc., Analog Devices Inc., Delphi Automotive PLC, Eaton Corporation PLC, Emerson Process Management LLLP, Omron Corp., Infineon Technologies AG, Vishay Intertechnology Inc., Yokogawa Electric Corp., and Wilcoxon Research Inc. The report further provides insightful information about the players by including their financial overview, business strategies, and recent developments. The key players are focusing on advancements in smart/intelligent sensors, thereby expanding their applications across other sectors.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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