Envision Report

Published April 9, 2018

Europe Smart Sensors Market – Size, Outlook, Trends, and Forecasts (2018 – 2024)

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Sensors are hardware devices that retaliate against heat, light, sound, pressure, motion etc. and transform into electrical signals. Smart Sensor is a type of sensor which is a combination of analogue or digital transducer with a processing unit and a communication interface. Smart Sensors are also called as intelligent Sensors because it is the combination of electronic and transduction on one silicon chip. Smart Sensors performs various functions such as Data Conversion, Take Decisions, Perform Logical Operations, Bidirectional Communication etc.

Europe Smart Sensors Market Size & Growth:

Europe Smart Sensors Market size is projected to reach approximately $xx billion by the end of 2024 with a CAGR of close to X% from $xx million in 2017 during the forecast timeline 2018-2024. The significant factors that propel the growth of the Smart Sensors Market are Raise in use of smart sensors in various End User Industries, increase in demand for Energy Saving and Efficiency, Wireless technology increasing the Smart Sensors Market are the factors driving the growth of the Smart Sensors Market. Restraints of the Smart Sensors Market are the High cost for the development of Smart Sensors, more complexity than Normal Sensors, Economic limits to Sensor Element Integration are the factors lag the Smart Sensors Market.

Europe Smart Sensors Market Segments Share:

Smart Sensors Market is segmented by the type which consists of Water Sensors, Vibration Sensors, Ultrasonic Sensors, Touch Sensors, Temperature Sensors, Speed Sensors, Pressure Sensors, Position Sensors, Occupancy Sensors, Humidity Sensors, Flow Sensors. Among these, Pressure Sensors is expected to hold the enormous market during the forecast period. In the most end-user industries, pressure sensors are the key measuring and monitoring sensors. Pressure sensors are used for measuring the pressure for liquids or gases. Pressure Sensors can also be used to measure indirectly various variables such as fluid flow, speed, water level and altitude. MEMS-based pressure sensors are expected to hold a massive market as they are widely used in automotive systems, consumer electronics, medical diagnostics sector and environment monitoring, raise in technological advancements have led to the decrease in the size of the Sensors especially for Pressure Sensors from 0.5 Micrometre to 1 Nano Meter. These are the factors accelerating the growth of the Smart Sensors Market.By technology MEMS-based technology is expected to have a significant market during the forecast period as they comprise of three-dimensional structures and are designed with microfabrication techniques. MEMS Technology is used to develop various sensors ranging from simple equipment to high-end systems. These are the factors lead to the growth of Smart Sensors market. By network connectivity, Wi-Fi is mostly used wireless technology for the significant transferring amount of data. Wi-Fi offers more security than wired systems and comes with the build- in encryption and port security. This results Wi-Fi Network connectivity is having the huge market and is expecting the same during the forecast period. By Application, the market is segmented into Consumer Electronics, Building Automation, Industrial Automation, Health Care, Automotive & Transport, Aerospace & Defense and other. Among these Smart Sensors is having a high demand in Consumer Electronics and is expected the same during the forecast period. To measure motion, pressure, temperature and other functions Sensors are used. By Geography, Europe is expected to have a decent Smart Sensors Market due to increase in demand for Smart homes and Internet of things(IoT).

Europe Smart Sensors Market Trends:

ABB Ltd launches a new KNX sensor that is used in building control of luxury hotels, Public Building and other.

Honeywell released a Transducer called PX Series which is a massive duty Pressure Transducer.

Europe Smart Sensors Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

Expertise investment opportunities by the analyst to the individual and organisation to have the better foothold in the market.

The primary key players in the Europe Smart Sensors Market are:

ABB Ltd.

Honeywell International

Eaton Corporation

Analog Devices, Inc.

Infineon Technologies AG

Along with these companies, there were many other companies considered/cited in the report while analysing the Europe Smart Sensors Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2 Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Raise in use of smart sensors in various End User Industries

4.1.2 Increase in demand for Energy Saving and Efficiency

4.1.3 Wireless technology increasing the Smart Sensors Market

4.1.4 Surge in Automation Sector boost the Smart Sensors Market

4.2 Restraints

4.2.1 High cost for the development of Smart Sensors

4.2.2 More complexity than Normal Sensors

4.3 Opportunities

4.3.1 Huge Growth Opportunities in Health Care Sector

4.3.2 Increase in Demand for Wearable Technology

4.4 Challenges

4.4.1 Stringent Performance Requirements for Sensor Applications

4.4.2 Economic limits to Sensor Element Integration

Chapter 5 Europe Smart Sensors Market – By Type

5.1 Water Sensors

5.2 Vibration Sensors

5.3 Ultrasonic Sensors

5.4 Touch Sensors

5.5 Temperature Sensors

5.6 Speed Sensors

5.7 Pressure Sensors

5.8 Position Sensors

5.9 Occupancy Sensors

5.10 Humidity Sensors

5.11 Flow Sensors

Chapter 6 Europe Smart Sensors Market – By Technology

6.1 MEMS Technology

6.2 CMOS Technology

6.3 Optical Spectroscopy

6.4 Others

Chapter 7 Europe Smart Sensors Market – By Component

7.1 Amplifier

7.2 Analog to Digital Converter

7.3 Digital to Analog Converter

7.4 Others

Chapter 8 Europe Smart Sensors Market – By Network Connectivity

8.1 Wi-Fi

8.2 Zigbee

8.3 Z-Wave

8.4 Enocean

8.5 Bluetooth

8.6 Others

Chapter 9 Europe Smart Sensors Market – By Application

9.1 Consumer Electronics

9.2 Building Automation

9.3 Industrial Automation

9.4 Health Care

9.5 Automotive & Transport

9.6 Aerospace &Defense

Chapter 10 Europe Smart Sensors Market – By Geography

10.1 Introduction

10.3 Europe

10.3.1 U.K.

10.3.2 Germany

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6. Others

Chapter 11 Europe Smart Sensors Market – Company Profiles

11.1 ABB Ltd.

11.2 Honeywell International

11.3 Eaton Corporation

11.4 Analog Devices, Inc.

11.5 Infineon Technologies AG

11.6 NXP Semiconductors N.V.

11.7 STMicroelectronics

11.8 Siemens AG

11.9 TE Connectivity Ltd.

11.10 Legrand Inc

Chapter 12 Smart Sensors Market – Competitive Landscape

12.1. Market Share Analysis

12.2. Strategies Adopted by top companies

12.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 13 Market Insights

13.1. Industry Experts Insights

13.2. Analysts Opinions

13.3. Investment Opportunities

Chapter 14 Appendix

14.1 List of Tables

14.2 List of Figures

 

 

 

 

 

 

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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