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Global Sensor Market Size, Share, Analysis, Trends: By Type: Radar Sensor, Optical Sensor, Biosensors, Touch Sensors, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity and Displacement Sensor, Level Sensor, Motion and Position Sensor, Others; By Technology; By End User; Regional Analysis; Competitive Landscape; 2024-2032
Market Analysis by Region
As per the sensor market analysis, the Asia Pacific is anticipated to observe rapid growth over the forecast period owing to the growing demand from countries such as India, Japan, and China. This can be attributed to the rising demand from end-use sectors such as automotive, consumer electronics, pharmaceutical, and infrastructure. Consumers in China are increasingly demanding appliances, computers, smartphones, and peripheral devices, which is boosting the demand for sensors.
The Asia Pacific is a major hub for consumer electronics manufacturing, with countries like China, South Korea, and Japan leading the way. The production of smartphones, tablets, wearable devices, and other consumer electronics significantly drives the demand for various types of sensors. The region is witnessing a surge in automotive production and sales, particularly in electric vehicles (EVs) and hybrid models. Sensors are integral to modern automotive design, used in safety systems, engine management, and increasingly in autonomous driving technologies.
Also, increasing awareness and regulatory actions regarding environmental protection in the region have led to the adoption of sensors for monitoring air quality, water quality, and other environmental parameters. Moreover, rising foreign investments and growing population are expected to aid the sensor market value in the region.
Sensor Market Report Snapshots
Sensor Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Sensor Historical Market (2018-2023)
8.3 Global Sensor Market Forecast (2024-2032)
8.4 Global Sensor Market by Type
8.4.1 Radar Sensor
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Optical Sensor
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Biosensors
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Touch Sensors
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Image Sensor
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Pressure Sensor
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Temperature Sensor
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Proximity and Displacement Sensor
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Level Sensor
8.4.9.1 Historical Trend (2018-2023)
8.4.9.2 Forecast Trend (2024-2032)
8.4.10 Motion and Position Sensor
8.4.10.1 Historical Trend (2018-2023)
8.4.10.2 Forecast Trend (2024-2032)
8.4.11 Humidity Sensor
8.4.11.1 Historical Trend (2018-2023)
8.4.11.2 Forecast Trend (2024-2032)
8.4.12 Accelerometer and Speed Sensor
8.4.12.1 Historical Trend (2018-2023)
8.4.12.2 Forecast Trend (2024-2032)
8.4.13 Others
8.5 Global Sensor Market by Technology
8.5.1 CMOS
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 MEMS
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 NEMS
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Sensor Market by End User
8.6.1 Electronics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 IT and Telecom
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Industrial
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Automotive
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Aerospace and Defence
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Healthcare
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Sensor Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Infineon Technologies AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Microchip Technology Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 NXP Semiconductors N.V.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 STMicroelectronics International N.V.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Qualcomm Incorporated
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Bosch Sensortec GmbH
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Sony Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 OMRON Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Taiwan Semiconductor Manufacturing Company Limited
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Texas Instruments Incorporated
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Sensor Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Sensor Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Sensor Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Sensor Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Sensor Historical Market: Breakup by End-User (USD Billion), 2018-2023
7. Global Sensor Market Forecast: Breakup by End-User (USD Billion), 2024-2032
8. North America Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Sensor Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 217.84 billion in 2023.
The market is projected to grow at a CAGR of 8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 435.45 billion by 2032.
The major drivers of the market include rising population, increasing digitalisation, and growth of the automotive sector.
The key trends of the market include rising demand for consumer electronics, increasing demand for green energy, and advancements in process automation.
The various types of sensors available in the market are radar sensor, optical sensor, biosensors, touch sensors, image sensor, pressure sensor, temperature sensor, proximity and displacement sensor, level sensor, motion and position sensor, humidity sensor, and accelerometer and speed sensor, among others.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the sensor market are Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors N.V., STMicroelectronics International N.V., Qualcomm Incorporated, Bosch Sensortec GmbH, Sony Corporation, OMRON Corporation, Taiwan Semiconductor Manufacturing Company Limited, and Texas Instruments Incorporated, among others.
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