United States Smart Sensors Market to Expand at 19.5% CAGR | Industrial Automation & Automotive Lead Growth | Key Players: Honeywell, ABB, Siemens, Infineon, TE Connectivity

Smart Sensors Market Overview

The Smart Sensors Market is projected to grow at a CAGR of 19.5% during the forecast period from 2024 to 2031. Smart sensors are advanced devices that leverage wireless connectivity and embedded microprocessors to monitor, analyze, and maintain various systems. They collect data from the physical environment with high precision and minimal noise, making them essential for monitoring systems such as smart grids, research applications, and security systems.

Smart sensors perform multiple tasks using embedded microprocessors, including digital signal processing, analog-to-digital conversion, interface operations, and computation. Based on the collected data, they can also determine whether the information should be retained or erased. This functionality enables their use across diverse sectors, including healthcare, defense, electronics, aerospace, and industrial automation.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):-https://www.datamintelligence.com/download-sample/smart-sensors-market?JUli

Recent Developments:

✅ Q2 2025: TE Connectivity announced a partnership with Samsung to integrate advanced smart sensor technology into next‐generation smart home devices, enhancing IoT connectivity and real‐time environmental monitoring.

✅ Q1 2025: Omron unveiled an AI‐enabled smart sensor platform for industrial automation, significantly improving predictive maintenance and operational efficiency in manufacturing environments.

✅ May 2025: The Singapore‐MIT Alliance for Research and Technology (SMART) launched the WISDOM integrated sensing research initiative to pioneer smart sensing technologies that enable machines to perceive depth and spatial detail at human‐like sophistication.

✅ January 2025: Elliptic Labs introduced its AI Virtual Tap Sensor and AI Virtual Human Presence Sensor on Lenovo ThinkPad X9 14" and 15" Aura Edition laptops, expanding smart sensor adoption in consumer electronics.

✅ 2024: Honeywell International introduced a range of AI‐enabled environmental smart sensors designed to improve industrial safety, efficiency, and smart infrastructure management.

Mergers & Strategic Partnerships:

✅ October 2025: Sensirion forged a global distribution alliance with Avnet, enhancing its market reach for AI‐enabled environmental and industrial sensors across key regions.

✅ Q1 2025: Infineon Technologies completed the acquisition of SensiTech, a U.S.-based smart sensor startup, strengthening its foothold in the automotive and industrial sensor segments.

✅ 2024: STMicroelectronics partnered with Microsoft to co‐develop AI‐powered smart sensors integrated with Azure cloud services targeting industrial automation and smart building solutions.

Key Players:
ABB Ltd | Honeywell International Inc. | Eaton Corporation | Analog Devices Inc. | Siemens AG | Infineon Technologies AG | NXP Semiconductors N.V. | TE Connectivity | STMicroelectronics | Legrand Inc.

Key Highlights with Market Share:

• ABB Ltd - Holds a 12.5% share, providing industrial automation smart sensors for predictive maintenance, energy management, and process optimization.

• Honeywell International Inc. - Holds a 14.0% share, offering AI-enabled environmental and industrial smart sensors for building automation, safety, and IoT applications.

• Eaton Corporation - Holds a 8.5% share, specializing in smart power sensors and energy management solutions for industrial and commercial applications.

• Analog Devices Inc. - Holds a 9.0% share, developing high-precision sensors and signal processing solutions for automotive, healthcare, and industrial sectors.

• Siemens AG - Holds a 13.2% share, providing a wide range of industrial smart sensors integrated with automation and IoT systems.

• Infineon Technologies AG - Holds a 10.5% share, focusing on automotive and industrial smart sensors, including MEMS-based and AI-powered solutions.

• NXP Semiconductors N.V. - Holds a 7.8% share, offering smart sensor ICs and embedded solutions for automotive, consumer electronics, and IoT markets.

• TE Connectivity - Holds a 6.5% share, developing connectivity-enabled sensors for industrial, automotive, and smart building applications.

• STMicroelectronics - Holds a 10.0% share, providing MEMS and environmental smart sensors with AI integration for industrial and consumer applications.

• Legrand Inc. - Holds a 7.0% share, offering building automation and energy management smart sensor solutions for residential and commercial sectors.

Buy Now & Unlock 360° Market Intelligence:- https://www.datamintelligence.com/buy-now-page?report=smart-sensors-market?Juli

Market Segmentation:

➥By Technology, MEMS (Micro-Electro-Mechanical Systems) dominate the market with a 38% share, driven by their compact size, low power consumption, and widespread adoption in automotive, healthcare, and industrial applications. CMOS-based sensors account for 28%, offering high integration capabilities and cost efficiency for consumer electronics and IoT devices. Optical Spectroscopy sensors hold 18%, widely used in healthcare diagnostics, environmental monitoring, and industrial quality control. The Others category, including piezoelectric, ultrasonic, and magnetic sensors, represents 16% of the market.

➥By Component, Analog-to-Digital Converters (ADCs) lead with a 30% share, as they are essential for translating analog signals from physical systems into digital data. Digital-to-Analog Converters (DACs) account for 18%, supporting signal processing in industrial and automotive applications. Amplifiers represent 20%, used to enhance sensor signal strength for accurate measurement. Others such as microcontrollers, signal conditioners, and interface modules make up 32%, providing supporting functionality for smart sensor systems.

➥By Application, Industrial Automation dominates with a 34% share, driven by smart manufacturing, predictive maintenance, and process optimization initiatives. Automotive and Transportation follows with 28%, fueled by demand for driver-assistance systems, connected vehicles, and EV technologies. Healthcare applications account for 20%, including patient monitoring, wearable devices, and diagnostic tools. Aerospace and Defense represents 18%, where smart sensors are critical for navigation, surveillance, and environmental monitoring.

Regional Insights:

North America dominates the global smart sensors market with an estimated 35% share, driven by the presence of leading technology companies, high adoption of IoT and industrial automation, and strong investments in research and development. Europe holds around 25%, supported by advanced manufacturing sectors, robust automotive and aerospace industries, and increasing adoption of smart infrastructure across countries such as Germany, France, and the UK.

The Asia-Pacific region is expected to witness the fastest growth, accounting for approximately 28% of the market, fueled by rising industrial automation, expansion of the automotive sector, increasing adoption of smart consumer electronics, and investments in healthcare and defense technologies in countries like China, India, Japan, and South Korea. Latin America contributes about 7%, driven by growing industrial and infrastructure projects, while the Middle East & Africa accounts for the remaining 5%, supported by investments in smart cities, defense, and energy sectors.

Speak to Our Analyst and Get Customization in the report as per your requirements:-https://www.datamintelligence.com/customize/smart-sensors-market?JUli

Market Dynamics:

Drivers: The global smart sensors market is primarily driven by the rapid adoption of IoT, AI, and industrial automation across various sectors, including manufacturing, automotive, healthcare, and aerospace. Increasing demand for real-time monitoring, predictive maintenance, and smart infrastructure solutions is boosting the adoption of smart sensors. Advances in MEMS, CMOS, and optical spectroscopy technologies are enhancing sensor accuracy, miniaturization, and energy efficiency, further fueling market growth. Additionally, the rising deployment of smart grids, connected vehicles, and wearable healthcare devices contributes to the expanding demand.

Restraints: Despite strong growth, the market faces challenges such as high initial costs of advanced smart sensors, integration complexity with existing systems, and the need for skilled personnel to manage and interpret sensor data. Data security and privacy concerns, particularly in healthcare and smart city applications, can also hinder adoption.

Opportunities: Significant opportunities exist in emerging markets such as Asia-Pacific and Latin America, driven by industrialization, smart city initiatives, and increasing healthcare infrastructure. The development of AI-enabled and self-calibrating smart sensors opens avenues for higher accuracy and reduced operational costs. Collaborations and strategic partnerships among sensor manufacturers, IoT solution providers, and industrial players are creating growth opportunities.

Trends: Key trends include the shift towards miniaturized, multifunctional, and wireless sensors, increased adoption of AI and machine learning for predictive analytics, and the integration of smart sensors with digital twins and cloud platforms. There is also a growing focus on energy-efficient and low-power sensors, particularly for wearable devices and remote monitoring applications.

Product Portfolio
Siemens' Enlighted IoT Platform is built on advanced smart sensor technology, offering motion sensing, light level sensing and control, power monitoring, temperature measurement, and local Bluetooth communication. This platform forms the foundation for smart building solutions, enabling real-time monitoring and digitalization of building operations.

Each light fixture is equipped with smart sensors that capture occupancy, ambient light, temperature, and energy consumption data. By collecting a continuous stream of rich data, the sensors provide actionable insights into building operations and enable digital applications that enhance operational efficiency, reduce energy costs, and improve occupant comfort. The platform allows businesses to leverage IoT-enabled smart building analytics to optimize energy usage, predictive maintenance, and overall facility management.

Key Development
At Hannover Messe 2021 in April 2021, Siemens unveiled Sitrans SCM IQ, an Industrial Internet of Things (IIoT) solution for Smart Condition Monitoring. The solution enables early detection and prevention of potential equipment failures, helping reduce maintenance costs and operational downtime while improving plant performance by up to 10%. The wireless, rugged Sitrans MS200 multi-sensors serve as the foundation for collecting vibration and temperature data from machinery such as pumps, gear units, compressors, and drive trains, providing real-time insights for predictive maintenance and industrial optimization.

📌 Request for 2 Days FREE Trial Access: https://www.datamintelligence.com/reports-subscription

☛ Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape

✅ Sustainability Impact Analysis

✅ KOL / Stakeholder Insights

✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots

✅ Market Volatility & Emerging Risks Analysis

✅ Quarterly Industry Report Updated

✅ Live Market & Pricing Trends

✅ Import-Export Data Monitoring

☛ Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg?Juli

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.