Smart/Intelligent Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Smart/Intelligent sensors, which are smaller and more diversely functional than ever before, are rapidly growing in importance in such diverse applications as healthcare monitoring, automotive application, collision prevention, and oil platforms.

Using an easily comprehensible chapter-wise layout augmented with an array of tables and graphs, the report systematically examines the data regarding the global smart/ intelligent sensors market.

The report also analyzes growth drivers, inhibitors, opportunities, and the value chain of the smart/intelligent sensors market. Further, the report analyzes the various product types and applications of smart/intelligent sensors on a regional and global basis.

The report makes extensive use of primary and secondary sources of information and industry-centric tools and research techniques for the purpose of the study. The report serves as a valuable asset for business and investment planning, competitive analysis, and scope of growth for manufacturers, suppliers, and wholesalers in the smart/intelligent sensors market.

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The rapidly growing importance of smaller and more diversely functional smart/intelligent sensors across applications such as healthcare monitoring, collision prevention, automotive application, and oil platforms has boosted the growth of the global smart/intelligent sensors market. The report points out that increasing application of smart/intelligent sensors in transportation and logistics, military, and surveillance will further augment the growth of the market during the forecast horizon. However, high replacement costs and lack of privacy are the key factors restraining the market’s growth. The global smart/intelligent sensors market has a huge opportunity to grow with the development of smart cities and the growing trend of harnessing power from non-conventional sources of energy.

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.

Report Link: http://www.transparencymarketresearch.com/smart-intelligent-sensor-market.html

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.

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends 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. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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