Connect with us

Hi, what are you looking for?

Smart Sensors Technology: Enabling the Future of Intelligent Systems

The global smart/intelligent sensors market is estimated to register growth at a CAGR of 18.2% during the forecast period of 2021 to 2031, notes a study by Transparency Market Research (TMR).

Smart sensors are gaining traction and considered to be playing critical part in the wide acceptance of Internet of Things (IoT). These sensors are utilized for varied purposes across wearable devices, autonomous vehicles, and cell phone navigation. Furthermore, many companies from diverse industries are focusing on replacing simple sensor systems with smart sensor systems, owing to different advantages of the later one. For instance, smart sensor systems are known for offering improved efficiency, are easy to use, and provide advanced communication capabilities. Hence, rising adoption of these systems across residential as well as industrial applications is creating prominent business avenues in the global smart/intelligent sensors market.

Get PDF Brochure for More Insights at-

Smart/Intelligent Sensors Market: Key Findings

  • Smart sensors are being increasing adopted industrial environments. For instance, Industry 4.0. Smart vibration sensors and temperature sensors are being utilized in production plants in order to avoid excessive vibration and overheating on machinery, states a report by TMR.
  • Smart sensors find application in smart home devices in order to link interior equipment and appliances of a home to the Wi-Fi in the residential settings. With the help of IoT, homeowners can make changes in the settings of equipment at their home including thermostats, security sensors, and lighting using their tablets or smartphones. Such innovations are leading to lucrative prospects in the global smart/intelligent sensors market.
  • Government authorities of many nations across the globe are focusing on the development of smart cities. Moreover, there has been a surge in the adoption of smart homes across many developed nations. These factors are estimated to generate remarkable demand opportunities in the smart/intelligent sensors market during the forecast period. Moreover, the market is expected to be driven by rising trend of using power from non-traditional sources of energy.

Get COVID-19 Impact Analysis at-

Smart/Intelligent Sensors Market: Growth Boosters

  • Rising use of more diversely functional and smaller smart/intelligent sensors in different applications, including collision prevention, healthcare monitoring, oil platforms, and automotive applications is resulting in sizable sales prospects in the global smart/intelligent sensors market
  • Surge in the incorporation of smart/intelligent sensors in military, surveillance, and transportation & logistics is prognosticated to fuel the expansion of the market in the upcoming years

Get a Sample Research Report at-

Smart/Intelligent Sensors Market: Competition Landscape

  • Major enterprises operating in the global smart/intelligent sensors market are focusing on the development of cost-efficient products in order to strengthen their customer base
  • Manufacturers of smart/intelligent sensors are launching next-gen products with advanced features in them. These efforts are helping companies in expanding their product portfolios.

Make an Enquiry Before Buying at

Smart/Intelligent Sensors Market: Key Players

Some of the key players profiled in the report are:

  • Analog Devices, Inc.
  • ABB Ltd.
  • Honeywell International, Inc.
  • Eaton Corporation
  • Microsemi Corporation
  • Infineon Technologies AG
  • Omron Corporation
  • NXP Semiconductors
  • Renesas Electronics Corporation
  • Ottomate International
  • Rockwell Automation, Inc.
  • Texas Instruments Incorporated
  • STMicroelectronics
  • Yokogawa Electric Corporation
  • Vishay Intertechnology

About Us

Transparency Market Research is a global 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. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

Contact Us

Rohit Bhisey

Transparency Market Research,

90 State Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: [email protected]


You may also like:


Russia vowed its assault on Ukraine would continue until Kyiv surrenders, as world leaders warned that Moscow would pay for its aggression.


A major UN conference on how to restore the faltering health of global oceans kicked off in Lisbon this week with a flurry of...


Footage on state TV showed a large cylinder plunging from a crane on a moored vessel, causing a violent explosion of yellow gas in...


The plant, Austria's last coal-fuelled power station, was closed in the spring of 2020.