[June 12, 2015] |
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Research and Markets: United States Smart Sensors Market 2015-2020 - Growth, Trends and Forecasts
Research and Markets (http://www.researchandmarkets.com/research/2dstbf/the_us_smart)
has announced the addition of the "The
US Smart Sensors Market - Growth, Trends and Forecast (2014-2020)"
report to their offering.
The US market for the Smart Sensor is expected to reach US$2.16 million
in 2018, growing at a CAGR of 12.16% from the period 2014-2020. The
growth of the market is fueled by increasing adoption in the automobile
sector. It has emerged as one of the top contributors in the overall
market size due to an increase in the number of smart vehicles.
Sport industries have also emerged as one of the emerging sectors for
the smart sensors market. The US market for Smart Sensors is expected to
gain traction during the forecast period. Advancement in technology has
led to the emergence of small-sized sensors with optimal performance and
reliability. Further, the market growth has been fueled by the presence
of several drivers such as technological advancements, increasing demand
for low-cost, high performance and reliable sensors and a growing demand
for enhanced life.
DRIVERS
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The increasing market demand for smart sensors is being driven by a
growing need for energy-saving devices. The changing scenario demands
energy-efficient equipment and products, considering the fact that the
businesses are in energy-saving mode.
-
Also, the demand for sensors across various industries has also
increased, leading to increase in traction in the overall market.
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In addition to that, the demand to reduce the average weight of a car
is also driving the demand for sensors in the automotive sector.
Lightweight cars helps in fuel efficiency as well as optimization of
energy.
RESTRAINTS
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Apart from several drivers, the market is being hindered by many
challenges. One of the restraints that effect the growth of the market
is miniaturization and lack of integration.
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This report also describes a detailed study of the Porter's five
forces analysis of the market. All of the five major factors in these
markets have been quantified using the internal key parameters
governing each of them. It also covers the market landscape of these
players, which includes the key growth strategies, geographical
footprint, and competition analysis.
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In addition to that, the US Smart Sensors Market is segmented on the
basis of Type (Flow Sensors, Temperature Sensors, Pressure Sensors,
Touch Sensors, Position Sensors and Others), Technology (MEMS, Optical
Spectroscopy, CMOS and Others), Component (Analog to Digital, Digital
to Analog and Others), and by Industry (Aerospace, Automotive,
Biomedical, Industrial, Building Automation, Consumer Electronics and
Others).
What the report offers
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US Smart Sensors Market Overview with information on drivers and
restraints
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In-depth Smart Sensors Market Analysis and its applications in the
industry
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Identification of factors responsible for changing the market
scenarios, rising prospective opportunities and identification of key
companies which can influence the market on a global and regional scale
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Extensively researched competitive landscape with profiles of major
companies along with their market shares
Company Profiles
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ABB Ltd.
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Airmar Technology Corporation
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Analog Devices Inc (News - Alert)
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Banpil Photonics Inc.
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BeanAir
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Colibrys Ltd.
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Comus international
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Eaton Corporation (News - Alert)
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Freescale Semiconductor Inc.
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Gira Giersiepen GmbH & Co. KG
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Honeywell international Inc.
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Infineon Technologies AG (News - Alert)
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Innovative Sensor Technology (IST) AG
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Nanjing IOT Sensor Technology Co. Ltd.
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Oceana Sensor Technologies Inc.
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Siemens AG (News - Alert)
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Sensirion AG
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Smart Sensors Inc.
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Vishay Intertechnology Inc.
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XYZ interactive Technologies Inc.
For more information visit http://www.researchandmarkets.com/research/2dstbf/the_us_smart.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150612005848/en/
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