openPR Logo
Press release

Smart Sensor Market Industry Analysis, Trend and Growth, 2015-2025

05-05-2017 02:56 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Smart Sensor Market Industry Analysis, Trend and Growth,

Smart sensors are also called as intelligent sensors, it is a combination of sensor and interfering circuit. Smart sensors are basically used for digital processing i.e. for analog to digital conversion and it can be used across various industries such as consumer electronics, automotive, industrial, medical, security & defence and entertainment because of increasing use of sensing element and process controls in this sectors. Smart sensors are also used for various activities like decision making, it helps in two-way communication and logic function.

Smart sensors offers various advantages such as high performance, high reliability, smaller in size, low power consumption, wireless, easy to design & maintain, and required minimal interconnecting cables. Disadvantages of smart sensor can be it is more complex as compare to traditional sensors as it consist of both sensor and interfering circuit which ultimately increases the cost of sensor and external processor is required for managing sensor calibration. Though disadvantages are there, advantages outweigh it.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-679

Smart Sensor Market: Drivers and Restraints

Smart sensor market is expected to grow in coming years due to increase in demands of consumer electronics and automobiles. Use of smart sensors are also increasing in smartphones and computer devices with touch screen display. Drivers responsible for the growth of smart sensor markets are technological advancement, increasing use of smart sensors in various industries like logistic, defence and healthcare, increasing demand of wireless smart sensor and energy saving functions of smart sensors. Increased terrorism activity and security issues further highlighting the importance of smart sensor in counter terrorism applications. On the other hand lack of privacy, complex structure, high replacement as well as deployment cost and lack of customization act as a restraining factor for smart sensor market. Market growth opportunity for smart sensor technology is that, it will be used more effectively in biomedical and health care sector and also use of smart sensor in wearable devices expand the scope of application.

Smart Sensor Market: Segmentation

Market segmentation for smart sensor is done on the basis of region, application and type. By region, global smart sensor market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific (excluding Japan), Japan as a separate region and Middle East and Africa. Western Europe region represented the largest market worldwide whereas Asia-Pacific is ranked as fasted growing market because of rapid industrialization pace, strong economic development and strengthening manufacturing activity especially in India and china.

By application, global smart sensor market can be segmented into consumer electronics, automobiles, industrial, infrastructure, medical, food and beverages and avionics. In industrial applications smart sensors are used for proper collection and processing of information, also smart sensors have emerging application for environmental pollution control in industrial sector, in Automobile applications smart sensors are used widely for air bag systems, in aerospace application, smart sensors are used for traffic alert and collision avoidance system. By types, global smart sensor market can be segmented into touch sensors, flow sensors, smart temperature sensor, turbidity sensor and smart position sensor.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-679

Smart Sensor Market: Key Players

Key players into global smart sensor market are ABB LTD., Customer Sensor & Technologies Inc., Analog Devices Inc., Eaton Corporation Plc., Honeywell International, Inc., NXP Semiconductors, Infineon Technologies AG and Emerson Process Management. Key players are spending heavily on their research and development activity in order to launch new products for better market coverage. For example ABB LTD. launched new generation fibre optic current sensors for high voltage application. Analog Devices Inc. introduces fully integrated industrial smart sensor ADuCM360 which helped in delivery highest accuracy analog conversions to industrial sector.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Press: press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Smart Sensor Market Industry Analysis, Trend and Growth, 2015-2025 here

News-ID: 525023 • Views: 271

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Smart

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
Powered Smart Cards
In terms of consumption, the global powered smart card market stood at 2,049.1 Mn units in 2015 and is expected to register a volume CAGR of 59.2% to reach 5,640.6 Mn units by 2024 end. In a new report titled “Powered Smart Card Market: Global Industry Analysis & Forecast, 2016–2024”, Persistence Market Research studies the performance of the global powered smart card market over an eight-year forecast period (2016 –
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency