openPR Logo
Press release

Self-Powered Sensors Market Is Forecasted To Increase At CAGR Of 14.6% To Reach US$ 2.19 Bn By 2032

11-15-2022 11:04 AM CET | IT, New Media & Software

Press release from: Fact.MR Market Research

Self-Powered Sensors Market Is Forecasted To Increase At CAGR

The global self-powered sensors market is worth US$ 560.3 million and is forecasted to surge ahead at a CAGR of 14.6% through 2032, as per a new report by Fact.MR, a market research and competitive intelligence provider. The market is backed to grow along with the robust growth of advanced technological accessories.

Self-powered sensors are used in diverse end-use industries that continuously gather data and send it to a cloud-based dashboard. Artificial intelligence (AI) software always looks for patterns and potential to be used with various technological accessories. With practical knowledge gathered by the software, it quickly puts the analysis into practice, which gets fed back into the process, thus making operations swift without the need for any external energy source.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=7685

The use of self-powered systems have increased significantly in agriculture for monitoring and optimizing crops. In 2021, valuation of the self-powered sensor agriculture sector stood at US$ 41.9 million. Additionally, self-powered sensors are also a crucial piece of equipment in wearable & healthcare devices.

A point to be noted is that market penetration of self-powered sensors is directly proportional to advancements in end-use industries. It is expected that technological advancements in several end-use sectors will fuel market growth over the coming years.

Key Takeaways from Market Study

โ€ข The global self-powered sensors market is projected to expand rapidly at a CAGR of 14.3% and reach US$ 2.19 billion by 2032.
โ€ข By sensor type, temperature sensors dominate the market with a current valuation of US$ 164.9 million.
โ€ข Pressure self-powered sensor sales are expected to surge at a CAGR of 17.1% over the decade.
โ€ข Wearable devices, under end use, represent 14.7% market share in 2022.
โ€ข By power source, the radio waves segment will grow 4.6X during the forecasted period.
โ€ข Demand for self-powered sensors is expected to increase at a CAGR of 14% in North America.

"Technological advancements in agriculture & healthcare sectors will drive the growth of the market for self-powered sensors," says a Fact.MR analyst.

Market Development

The business environment in the market for self-powered sensors continues to reflect the boom within the industry despite difficult economic conditions. To establish a firm position in the market, key manufacturers are resorting to strategies such as acquisitions and collaborations.

Moreover, market players are striving to expand their customer base by targeting different end users and geographies. Additionally, market players are focusing on expanding their product offerings through R&D investments to deliver advanced and smart self-powered sensor products.

๐’๐ก๐š๐ซ๐ž ๐˜๐จ๐ฎ๐ซ ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ & ๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=RC&rep_id=7685

Category-wise Insights

Integration of technology in self-powered sensors has witnessed significant growth at 14.6% CAGR and has reached a market valuation of US$ 560.3 million in 2022.

These two types of power sources have many limitations. The vibration power source (piezoelectric energy harvesting) has certain limits that can stop the device from gaining power. It is very easy to gain power in self-powered sensors by using the vibration power source. As such, the vibration power source is widely used in self-powered sensors. These self-powered sensors have increased in prominence in recent years, reaching a market valuation of US$ 207 million at the end of 2021.

Competitive Landscape

Prominent self-powered sensor manufacturers are 8power, Aeinnova, Ambetronics Engineers Private Limited, Bigbelly Solar LLC, Clarity Movement Co., Edyza Sensors, EnOcean, Everactive, Fludia, Intertraffic, Kando, Lightricity Ltd, MesoScribe Technologies, ONIO AS, Parker Hannifin Corp, Rentricity, Sensor-Works, and Wiliot.

Global manufacturers of self-powered sensors are trying to adopt newer technologies to stay on the top of the competition. Key manufacturers are focusing on inventing new solutions for vehicles with wireless charging, enhancement of safety & comfort, and creativity in their products.

Strategic alliances, product launches, partnership agreements, capacity expansion, and other related strategies are being resorted to by industry participants.

โ€ข In January 2022, ROHM Co Ltd announced the development of an automotive wireless charging solution integrated with NFC communication. It comes with key features such as Foreign Object Detection (FOD), which will help detect metallic objects and NFC will enable infotainment operations via device authentication.

Fact.MR has provided detailed information about the price points of key manufacturers of self-powered sensors positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

๐†๐ž๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/checkout/7685

Segmentation of Self-Powered Sensors Market Research

By Sensor Type :

o Temperature Sensors
o Humidity / Moisture Sensors
o Pressure Sensors
o Motion & Position Sensors
o Light Sensors
o Others

By Power Source :

o Vibrations (Piezoelectric Energy Harvesting)
o Temperature Gradients (Thermoelectric Energy Harvesting)
o Radio Waves (RF Energy Harvesting)

By End Use :

o Aerospace & Defense
o Agriculture
o Automotive & Transportation
o Building Automation
o Healthcare Devices
o Industrial Automation
o Retail & e-Commerce
o Wearable Devices
o Others

By Region :

o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global self-powered sensors market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of sensor type (temperature sensors, humidity / moisture sensors, pressure sensor motion & position sensors, light sensors, others), power source (vibrations (piezoelectric energy harvesting), temperature gradients (thermoelectric energy harvesting), radio waves (RF energy harvesting)), and end use (aerospace & defense, agriculture, automotive & transportation, building automation, healthcare devices, industrial devices, retail & e-Commerce, wearable devices, others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐…๐š๐œ๐ญ.๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก: https://www.prnewswire.com/news-releases/increasing-usage-of-cloud-based-solutions-to-steer-digital-transaction-management-market-past-us-83-25-billion-by-2032--301628185.html

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Self-Powered Sensors Market Is Forecasted To Increase At CAGR Of 14.6% To Reach US$ 2.19 Bn By 2032 here

News-ID: 2807150 • Views: โ€ฆ

More Releases from Fact.MR Market Research

Undecylenic Acid Market Is Expected To Grow At A CAGR Of 4% During The Forecast Period
Undecylenic Acid Market Is Expected To Grow At A CAGR Of 4% During The Forecast โ€ฆ
Undecylenic acid, an unsaturated fatty acid derived from castor oil, is recognized for its antifungal properties. It is widely used in medical treatments for skin infections, as well as in the production of cosmetics and personal care products. The market is projected to witness higher single-digit growth globally during the forecast period, with regions like North America and Europe leading in volume, while the Middle East and Africa (MEA) areโ€ฆ
Whey Cheese Market to Reach USD 21.6 Billion by 2035 Amid Rising Demand for Functional Dairy Ingredients
Whey Cheese Market to Reach USD 21.6 Billion by 2035 Amid Rising Demand for Func โ€ฆ
The global whey cheese market is witnessing remarkable growth, driven by increasing consumer preference for protein-rich, functional, and sustainable dairy products. According to recent research, the market is expected to reach USD 21.6 billion by 2035, up from USD 10.5 billion in 2024, marking a robust compound annual growth rate (CAGR) of 6.8% during the forecast period from 2025 to 2035. Rising Demand for Functional and Protein-Rich Foods Fuels Market Expansion Theโ€ฆ
Enzyme-Enhanced Ingredients Market to Reach USD 11,657 Million by 2035, Driven by Innovation in Food and Beverage Applications
Enzyme-Enhanced Ingredients Market to Reach USD 11,657 Million by 2035, Driven b โ€ฆ
The global enzyme-enhanced ingredients market is poised for remarkable growth, with the industry projected to reach USD 11,657 million by 2035, up from USD 5,955 million in 2024. This expansion is expected to occur at a robust compound annual growth rate (CAGR) of 6.5% between 2025 and 2035. The surge in demand is primarily driven by the rising adoption of enzyme-based solutions across food, beverage, and nutraceutical industries, alongside anโ€ฆ
Glycine Market Set to Reach USD 2,825.8 Million by 2035, Driven by Expanding Applications in Pharmaceuticals, Food, and Cosmetics
Glycine Market Set to Reach USD 2,825.8 Million by 2035, Driven by Expanding App โ€ฆ
The global glycine market is poised for remarkable growth over the next decade, with market value projected to surge from USD 1,356.4 million in 2024 to USD 2,825.8 million by 2035. During the forecast period from 2025 to 2035, the industry is expected to expand at a robust CAGR of 6.9%, reflecting the increasing demand for this versatile amino acid across multiple end-use sectors. Glycine, the simplest amino acid, isโ€ฆ

All 5 Releases


More Releases for Sensor

Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni โ€ฆ
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in theโ€ฆ
Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens โ€ฆ
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Marketโ€ report to their offering. The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market coveringโ€ฆ
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie โ€ฆ
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand forโ€ฆ
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens โ€ฆ
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled โ€œGlobal Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 Endโ€. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,โ€ฆ
Biochemical Sensor Market Report 2018: Segmentation by Product (Electrochemical โ€ฆ
Global Biochemical Sensor market research report provides company profile for GE Healthcare (U.S.), Thermo Fisher Scientific. (U.S.), Honeywell International Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), Polestar Technologies Inc. (U.S.), Microchip Technology Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, andโ€ฆ
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu โ€ฆ
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. This research report is equipped with the information categorizing Smart Wearable Fitness Devicesโ€ฆ