Artificial Intelligence (AI) Sensor Market 2023 Driving Factors Forecast Research 2029

AI sensor market is anticipated to grow at a CAGR of 41.6% during the forecast period (2023-2030). The market growth is attributed to the increasing demand for smart security, and smart cameras equipped with AI capabilities are becoming increasingly popular. The cameras helps in improving the security solutions along with offering more accurate threat detection and less errors, leading to the development of more effective surveillance system. Consequently, the key market players are focusing on innovating new products to cater to the demand for security cameras. For instance, in March 2023, Ambarella, Inc. launched a 4K, 5nm edge AI SoC for mainstream security cameras with new highs in AI performance per watt, image quality, and sensor fusion. The CV72S has a 6x increase in AI performance over its predecessor, rendering it possible for it to run Ambarella's innovative AISP for 4K, long-range color night vision, and HDR at very low lux levels with minimal noise and no external illumination while maintaining plenty of headroom for additional, concurrent NNs.

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The global AI sensor market is segmented by sensor type, technology, and application. Based on type, the market is sub-segmented into pressure sensors, position sensors, temperature sensors, optical sensors, ultrasonic sensors, and others. Based on the technology, the market is sub-segmented into NLP, ML, computer vision, and context-aware computing. Further, based on application, the market is sub-segmented into automotive and consumer electronics. manufacturing, aerospace and defence, and others.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Artificial Intelligence (AI) Sensor Market by Sensor Type
o Pressure Sensors
o Position Sensors
o Temperature Sensors
o Optical Sensors
o Ultrasonic Sensors
o Others (Motion Sensors, and Navigation Sensors)

Global Artificial Intelligence (AI) Sensor Market by Technology
o Natural Language Processing (NLP)
o Machine Learning (ML)
o Computer Vision
o Context-Aware Computing

Global Artificial Intelligence (AI) Sensor Market by Application
o Automotive
o Consumer Electronics
o Manufacturing
o Aerospace and Defense
o Others (Robotics, Smart Home Automation, Agriculture)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o HOKURIKU ELECTRIC INDUSTRY CO., LTD.
o Holistic AI Ltd.
o MEMSIC Group
o Movella Inc.
o Oracle Corp.
o Robert Bosch GmbH,
o Sensata Technologies, Inc.
o Sensirion AG.
o Teledyne Technologies Inc
o Silicon Sensing Systems Ltd.
o Sony Research Inc.
o SAS Institute Inc.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global AI sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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