Electronic Sensors Market

Executive Summary

Electronic Sensors Market was valued at US $165.65 billion in 2021 and is projected to grow at 9.05% CAGR over the forecast period to reach US $278.66 billion by 2027. Electronic Sensors Market represented US $26.37 billion opportunity over 2019-2021 and estimated to create US $113.00 billion opportunity in 2027 over 2021.

Electronic Sensors from Consainsights analyses the Electronic Sensors Market in the Technology & Media industry over the forecast period to 2027.

Electronic Sensors research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Electronic Sensors segmentation includes Type, Application, Geography and Geography.

Based on the Type, the Electronic Sensors analysis covers Pressure Sensor, Temperature Sensor, Motion Sensor, Image Sensor, Proximity Sensor, Fingerprint Sensor, Other Sensors.

In Type segment, Pressure Sensor segment has highest cagr growth of 8.01%.

Based on the Application, the Electronic Sensors analysis covers Entertainment, Communication And IT, Home Appliances, Wearable Devices.

In Application segment, Entertainment segment has highest cagr growth of 8.01%.

Based on the Geography, the Electronic Sensors analysis covers North America, Europe, Asia-Pacific, Rest Of The World.

In Geography segment, North America segment has highest cagr growth of 8.01%.

Based on the region, the Electronic Sensors analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Sony Corporation, Samsung Electronics Co., Ltd., Stmicroelectronics N.V., Nxp Semiconductors N.V., Te Connectivity Ltd., Murata Manufacturing Co., Ltd., Robert Bosch Gmbh, Infineon Technologies Ag, Synaptics Incorporated, Cypress Semiconductor Corporation, Omron Corporation and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Type

Introduction

In 2021, Pressure Sensor segment has the highest revenue of US $70.06 billion and is expected to grow at CAGR of 8.01% by 2027 Pressure Sensor segment has highest cagr growth of 8.01%.

Pressure Sensor

Pressure Sensor segment was valued at US $58.91 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $117.86 billion by 2027. Pressure Sensor segment represented US $11.15 billion opportunity over 2019-2021 and estimated to create US $47.80 billion opportunity in 2027 over 2021.

Temperature Sensor

Temperature Sensor segment was valued at US $32.99 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $66.01 billion by 2027. Temperature Sensor segment represented US $6.25 billion opportunity over 2019-2021 and estimated to create US $26.77 billion opportunity in 2027 over 2021.

Motion Sensor

Motion Sensor segment was valued at US $20.88 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $41.78 billion by 2027. Motion Sensor segment represented US $3.95 billion opportunity over 2019-2021 and estimated to create US $16.94 billion opportunity in 2027 over 2021.

Image Sensor

Image Sensor segment was valued at US $12.21 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $24.44 billion by 2027. Image Sensor segment represented US $2.31 billion opportunity over 2019-2021 and estimated to create US $9.91 billion opportunity in 2027 over 2021.

Proximity Sensor

Proximity Sensor segment was valued at US $8.63 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $17.26 billion by 2027. Proximity Sensor segment represented US $1.63 billion opportunity over 2019-2021 and estimated to create US $7.00 billion opportunity in 2027 over 2021.

Fingerprint Sensor

Fingerprint Sensor segment was valued at US $3.03 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $6.06 billion by 2027. Fingerprint Sensor segment represented US $0.57 billion opportunity over 2019-2021 and estimated to create US $2.46 billion opportunity in 2027 over 2021.

Other Sensors

Other Sensors segment was valued at US $2.62 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $5.25 billion by 2027. Other Sensors segment represented US $0.50 billion opportunity over 2019-2021 and estimated to create US $2.13 billion opportunity in 2027 over 2021.

Application

Introduction

In 2021, Entertainment segment has the highest revenue of US $59.16 billion and is expected to grow at CAGR of 8.01% by 2027 Entertainment segment has highest cagr growth of 8.01%.

Entertainment

Entertainment segment was valued at US $49.74 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $99.51 billion by 2027. Entertainment segment represented US $9.42 billion opportunity over 2019-2021 and estimated to create US $40.35 billion opportunity in 2027 over 2021.

Communication And IT

Communication And IT segment was valued at US $42.40 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $84.83 billion by 2027. Communication And IT segment represented US $8.03 billion opportunity over 2019-2021 and estimated to create US $34.40 billion opportunity in 2027 over 2021.

Home Appliances

Home Appliances segment was valued at US $25.43 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $50.87 billion by 2027. Home Appliances segment represented US $4.81 billion opportunity over 2019-2021 and estimated to create US $20.63 billion opportunity in 2027 over 2021.

Wearable Devices

Wearable Devices segment was valued at US $21.72 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $43.45 billion by 2027. Wearable Devices segment represented US $4.11 billion opportunity over 2019-2021 and estimated to create US $17.62 billion opportunity in 2027 over 2021.

Geography

Introduction

In 2021, North America segment has the highest revenue of US $66.29 billion and is expected to grow at CAGR of 8.01% by 2027 North America segment has highest cagr growth of 8.01%.

North America

North America segment was valued at US $55.74 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $111.51 billion by 2027. North America segment represented US $10.55 billion opportunity over 2019-2021 and estimated to create US $45.22 billion opportunity in 2027 over 2021.

Europe

Europe segment was valued at US $47.84 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $95.71 billion by 2027. Europe segment represented US $9.06 billion opportunity over 2019-2021 and estimated to create US $38.81 billion opportunity in 2027 over 2021.

Asia-Pacific

Asia-Pacific segment was valued at US $30.46 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $60.94 billion by 2027. Asia-Pacific segment represented US $5.77 billion opportunity over 2019-2021 and estimated to create US $24.71 billion opportunity in 2027 over 2021.

Rest Of The World

Rest Of The World segment was valued at US $5.25 billion in 2019 and is projected to grow at 8.01% CAGR over the forecast period to reach US $10.50 billion by 2027. Rest Of The World segment represented US $0.99 billion opportunity over 2019-2021 and estimated to create US $4.26 billion opportunity in 2027 over 2021.