Electronic Sensors Market Overview
The Global Electronic Sensors Market size is estimated to reach US$32.5 billion by 2028, growing at a CAGR of 12.5% from 2023 to 2028. Rising usage of smartphones, wearable devices and other electronic devices, growing demand for automation in different industries and an increase in demand for smart sensors in the developments of smart cities are driving the Electronics Sensors industry forward. Additionally, technological advancements in sensors such as pressure sensors, temperature sensors, motion sensors, image sensors, proximity sensors, fingerprint sensors and biosensors and widespread applications of these sensors in various industry verticals are fueling the growth of the Electronic Sensors Market. Increasing sensor compatibility with the Internet of Things (IoT) platform is becoming increasingly important for enabling remote monitoring and control. IoT-connected devices have created enormous opportunities for sensors in a variety of applications such as industrial, medical, consumer electronics, automotive and so on. These aforementioned factors would positively influence the Electronic Sensors industry outlook during the forecast period.
Report Coverage
The report: “Electronic Sensors Industry Outlook –
Forecast (2023-2028)” by IndustryARC, covers an in-depth analysis of the
following segments in the Electronic Sensors industry.
Key Takeaways
- In the Electronic Sensors market report, the image sensors segment is expected to grow at a significant CAGR of 13.1%, owing to factors such as growing demand for multiple camera modules in smartphones and integration of video surveillance across industries.
- The Consumer Electronics industry is expected to grow at a CAGR of 12.9% due to growing demand for smartphones with innovative features and a growing trend towards miniaturization of consumer electronic devices.
- APAC dominated the global Electronic Sensors Market with a market share of 42% in 2022, due to the growing disposable income of the consumers, increased consumer electronics demand and R&D investments of major manufacturers for technologically advanced sensors.
Electronic
Sensors Market Segment Analysis - by Product Type
Based on Product Type, the Image Sensors segment in Electronic
Sensors Market report had the highest share and it is analyzed to grow at a
significant CAGR of 13.1% during the forecast period 2023-2028. Growing demand for multiple camera modules in smartphones, the
integration of video surveillance across many industries and improved quality
of image processing techniques and technologies are some of the major factors
boosting the image sensors segment and thereby increasing the Electronic
Sensors market size. For instance, in March 2022, Omnivision launched the new
OS03B10 CMOS image sensor which delivers high-quality digital pictures and
high-definition video for security surveillance. Such developments would boost
the image sensors segment and influence the growth of the Electronic Sensors market.
Electronic
Sensors Market Segment Analysis - by End-use industry
Based on End-use Industry, the consumer electronics segment had the
highest share in the Electronic Sensors Market report and is also analyzed to
grow at a significant CAGR of 12.9% during the forecast period 2023-2028. Growing
demand for consumer electronics and smart sensors and the incorporation of innovative
features in devices such as smartphones, laptops and wearable devices are fueling
the segment’s growth in the Electronic Sensors market. Additionally, the growing trend towards miniaturization of electronic devices and the widespread
application of these sensors are boosting segment growth. In May 2021, Vishay
Intertechnology launched its new VCNL36825T proximity sensor which can detect
if users are wearing TWS earphones connected with smartphones or not and
thereby conserving battery for the devices. These factors and developments would increase the adoption of Electronic Sensors in the consumer electronics
industry.
Electronic Sensors Market Segment Analysis - by Geography
APAC dominated the global market for Electronic Sensors Market with a market share of 42% in 2022. the region is also analyzed to have significant growth over the forecasting period. Due to the increase in consumers’ disposable income and increased internet penetration, the consumer electronics segment is constantly on the rise which creates ample opportunities for the Electronic Sensors market to grow. Additionally, continuous R&D investments by major manufacturers are also driving the growth of the electronic sensors market in this region. In FY 2021, according to India Brand Equity Foundation, 173 million units of smartphones were sold in India, which requires the usage of a variety of electronic sensors. Such developments and sales of smartphones would further augment the demand for electronic sensors in the APAC region.
Electronic
Sensors Market Drivers
Growing demand for smartphones and miniaturized consumer electronics:
Due to rapid
digitalization and technological advancements, the demand for smartphones and
wearable devices are constantly rising. As wearable devices are continuously
being miniaturized and smartphones are getting new innovative features every
passing day, the demand for electronic sensors is continuously increasing in
these kinds of devices. In January 2022, Vivo launched IQOO 9 Pro which is
the first smartphone to include Qualcomm's 3D Sonic Max ultrasonic fingerprint
sensor and it is powered by the brand-new Snapdragon 8 Gen 1 processor. This
fingerprint sensor can unlock the phone in 0.2 seconds after the user’s
fingerprints are registered. These developments would positively influence the
Electronic Sensors industry outlook during the forecast period.
Technological advancements and the development of new and advanced sensors:
Due to continuous developments in the sensors industry and technological advancements, consumer preference is
shifting towards innovative electronic products. New innovations in sensors
such as motion sensors, pressure sensors, smart sensors, position sensors and
biosensors are readily being deployed in various industry verticals such as
industrial, automotive and medical. These widespread applications across industry
verticals and developments of new and advanced sensors are increasing the
electronic sensors market size. In
May 2022, Abbott launched FreeStyle Libre 3, bio-sensor-based glucose
monitoring technology used for patients suffering from diabetes. It was
operational in Europe since September 2020. In May 2022 it received FDA
approval to operate in the U.S. market. These factors boost the Electronic
Sensors market size during the forecast period.
Electronic Sensors Market Challenges
Fluctuating prices of semiconductor raw materials and designing complexities:
Price
fluctuations in semiconductor raw materials would pose a significant challenge
to the growth of the Electronic Sensors Market. This leads to the high price of electronic sensors. Additionally, with the growing trend of the miniaturization of electronic devices, the fabrication process is becoming more
complex. As a result, the maintenance and repair costs also become more
expensive. These factors combinedly pose significant challenges to the growth of the Electronic Sensors market during the forecast period.
Electronic Sensors Industry Outlook
Product launches, collaborations and
R&D activities are key strategies adopted by players in the Electronic
Sensors Market. The top 10 companies in the
- STMicroelectronics
- Sony Corporation
- Bosch
- Siemens
- Sick AG
- Texas Instruments
- Infineon Technologies AG
- Taiwan Semiconductor Manufacturing Company Limited
- Renesas Electronic Corporation
- Hewlett Packard Enterprise (HPE)
Recent Developments
- In June 2022, Renesas Electronic Corporation announced the ZSSC3281 sensor signal conditioning (SSC) IC for highly accurate amplification, digitization and sensor-specific correction of sensor data in addition to the new HS4XXX family of relative humidity and temperature sensors.
- In February 2022, BOSCH introduced the BMP384, a robust barometric pressure sensor that incorporates a special gel to protect it from the ingress of primary water, other liquids and dust. Such developments are expected to increase the Electronic Sensors Market size.
- In January 2022, Infineon introduced a new XENSIV PAS CO2 sensor. This electronic sensor can provide innovative solutions for the growing demand for accurate indoor air quality. This is poised to increase the company’s market share in the Electronic Sensors market.
Relevant Report Titles:
Report
Code: ESR 0213
Report
Code: AIR 0028
Report
Code: ATR 0016
For more Electronics Market reports, please click here
LIST OF TABLES
1.Global Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 ($M)1.1 Pressure Sensor Market 2023-2030 ($M) - Global Industry Research
1.1.1 Piezoresistive Market 2023-2030 ($M)
1.1.2 Capacitive Market 2023-2030 ($M)
1.1.3 Electromagnetic Market 2023-2030 ($M)
1.1.4 Optical Market 2023-2030 ($M)
1.1.5 Resonant Solid State Market 2023-2030 ($M)
1.1.6 Microelectromechanical System Market 2023-2030 ($M)
1.2 Temperature Sensor Market 2023-2030 ($M) - Global Industry Research
1.2.1 Bimetallic Market 2023-2030 ($M)
1.2.2 Thermistor Market 2023-2030 ($M)
1.2.3 Resistance Temperature Detector Market 2023-2030 ($M)
1.2.4 Temperature Sensor Ic Market 2023-2030 ($M)
1.2.5 Thermocouple Market 2023-2030 ($M)
1.2.6 Infrared Market 2023-2030 ($M)
1.2.7 Fiber Optic Market 2023-2030 ($M)
1.3 Motion Sensor Market 2023-2030 ($M) - Global Industry Research
1.3.1 Mem Accelerometer Market 2023-2030 ($M)
1.3.2 Mem Gyroscope Market 2023-2030 ($M)
1.3.3 Mem Magnetometer Market 2023-2030 ($M)
1.3.4 Sensor Combo Market 2023-2030 ($M)
1.4 Image Sensor Market 2023-2030 ($M) - Global Industry Research
1.4.1 Cmos Image Sensor Market 2023-2030 ($M)
1.4.2 Ccd Image Sensor Market 2023-2030 ($M)
1.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 ($M)
1.5 Proximity Sensor Market 2023-2030 ($M) - Global Industry Research
1.5.1 Capacitive Proximity Sensor Market 2023-2030 ($M)
1.6 Fingerprint Sensor Market 2023-2030 ($M) - Global Industry Research
2.Global Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 (Volume/Units)
2.1 Pressure Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 Piezoresistive Market 2023-2030 (Volume/Units)
2.1.2 Capacitive Market 2023-2030 (Volume/Units)
2.1.3 Electromagnetic Market 2023-2030 (Volume/Units)
2.1.4 Optical Market 2023-2030 (Volume/Units)
2.1.5 Resonant Solid State Market 2023-2030 (Volume/Units)
2.1.6 Microelectromechanical System Market 2023-2030 (Volume/Units)
2.2 Temperature Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
2.2.1 Bimetallic Market 2023-2030 (Volume/Units)
2.2.2 Thermistor Market 2023-2030 (Volume/Units)
2.2.3 Resistance Temperature Detector Market 2023-2030 (Volume/Units)
2.2.4 Temperature Sensor Ic Market 2023-2030 (Volume/Units)
2.2.5 Thermocouple Market 2023-2030 (Volume/Units)
2.2.6 Infrared Market 2023-2030 (Volume/Units)
2.2.7 Fiber Optic Market 2023-2030 (Volume/Units)
2.3 Motion Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
2.3.1 Mem Accelerometer Market 2023-2030 (Volume/Units)
2.3.2 Mem Gyroscope Market 2023-2030 (Volume/Units)
2.3.3 Mem Magnetometer Market 2023-2030 (Volume/Units)
2.3.4 Sensor Combo Market 2023-2030 (Volume/Units)
2.4 Image Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
2.4.1 Cmos Image Sensor Market 2023-2030 (Volume/Units)
2.4.2 Ccd Image Sensor Market 2023-2030 (Volume/Units)
2.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 (Volume/Units)
2.5 Proximity Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
2.5.1 Capacitive Proximity Sensor Market 2023-2030 (Volume/Units)
2.6 Fingerprint Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 ($M)
3.1 Pressure Sensor Market 2023-2030 ($M) - Regional Industry Research
3.1.1 Piezoresistive Market 2023-2030 ($M)
3.1.2 Capacitive Market 2023-2030 ($M)
3.1.3 Electromagnetic Market 2023-2030 ($M)
3.1.4 Optical Market 2023-2030 ($M)
3.1.5 Resonant Solid State Market 2023-2030 ($M)
3.1.6 Microelectromechanical System Market 2023-2030 ($M)
3.2 Temperature Sensor Market 2023-2030 ($M) - Regional Industry Research
3.2.1 Bimetallic Market 2023-2030 ($M)
3.2.2 Thermistor Market 2023-2030 ($M)
3.2.3 Resistance Temperature Detector Market 2023-2030 ($M)
3.2.4 Temperature Sensor Ic Market 2023-2030 ($M)
3.2.5 Thermocouple Market 2023-2030 ($M)
3.2.6 Infrared Market 2023-2030 ($M)
3.2.7 Fiber Optic Market 2023-2030 ($M)
3.3 Motion Sensor Market 2023-2030 ($M) - Regional Industry Research
3.3.1 Mem Accelerometer Market 2023-2030 ($M)
3.3.2 Mem Gyroscope Market 2023-2030 ($M)
3.3.3 Mem Magnetometer Market 2023-2030 ($M)
3.3.4 Sensor Combo Market 2023-2030 ($M)
3.4 Image Sensor Market 2023-2030 ($M) - Regional Industry Research
3.4.1 Cmos Image Sensor Market 2023-2030 ($M)
3.4.2 Ccd Image Sensor Market 2023-2030 ($M)
3.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 ($M)
3.5 Proximity Sensor Market 2023-2030 ($M) - Regional Industry Research
3.5.1 Capacitive Proximity Sensor Market 2023-2030 ($M)
3.6 Fingerprint Sensor Market 2023-2030 ($M) - Regional Industry Research
4.South America Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 ($M)
4.1 Pressure Sensor Market 2023-2030 ($M) - Regional Industry Research
4.1.1 Piezoresistive Market 2023-2030 ($M)
4.1.2 Capacitive Market 2023-2030 ($M)
4.1.3 Electromagnetic Market 2023-2030 ($M)
4.1.4 Optical Market 2023-2030 ($M)
4.1.5 Resonant Solid State Market 2023-2030 ($M)
4.1.6 Microelectromechanical System Market 2023-2030 ($M)
4.2 Temperature Sensor Market 2023-2030 ($M) - Regional Industry Research
4.2.1 Bimetallic Market 2023-2030 ($M)
4.2.2 Thermistor Market 2023-2030 ($M)
4.2.3 Resistance Temperature Detector Market 2023-2030 ($M)
4.2.4 Temperature Sensor Ic Market 2023-2030 ($M)
4.2.5 Thermocouple Market 2023-2030 ($M)
4.2.6 Infrared Market 2023-2030 ($M)
4.2.7 Fiber Optic Market 2023-2030 ($M)
4.3 Motion Sensor Market 2023-2030 ($M) - Regional Industry Research
4.3.1 Mem Accelerometer Market 2023-2030 ($M)
4.3.2 Mem Gyroscope Market 2023-2030 ($M)
4.3.3 Mem Magnetometer Market 2023-2030 ($M)
4.3.4 Sensor Combo Market 2023-2030 ($M)
4.4 Image Sensor Market 2023-2030 ($M) - Regional Industry Research
4.4.1 Cmos Image Sensor Market 2023-2030 ($M)
4.4.2 Ccd Image Sensor Market 2023-2030 ($M)
4.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 ($M)
4.5 Proximity Sensor Market 2023-2030 ($M) - Regional Industry Research
4.5.1 Capacitive Proximity Sensor Market 2023-2030 ($M)
4.6 Fingerprint Sensor Market 2023-2030 ($M) - Regional Industry Research
5.Europe Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 ($M)
5.1 Pressure Sensor Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Piezoresistive Market 2023-2030 ($M)
5.1.2 Capacitive Market 2023-2030 ($M)
5.1.3 Electromagnetic Market 2023-2030 ($M)
5.1.4 Optical Market 2023-2030 ($M)
5.1.5 Resonant Solid State Market 2023-2030 ($M)
5.1.6 Microelectromechanical System Market 2023-2030 ($M)
5.2 Temperature Sensor Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Bimetallic Market 2023-2030 ($M)
5.2.2 Thermistor Market 2023-2030 ($M)
5.2.3 Resistance Temperature Detector Market 2023-2030 ($M)
5.2.4 Temperature Sensor Ic Market 2023-2030 ($M)
5.2.5 Thermocouple Market 2023-2030 ($M)
5.2.6 Infrared Market 2023-2030 ($M)
5.2.7 Fiber Optic Market 2023-2030 ($M)
5.3 Motion Sensor Market 2023-2030 ($M) - Regional Industry Research
5.3.1 Mem Accelerometer Market 2023-2030 ($M)
5.3.2 Mem Gyroscope Market 2023-2030 ($M)
5.3.3 Mem Magnetometer Market 2023-2030 ($M)
5.3.4 Sensor Combo Market 2023-2030 ($M)
5.4 Image Sensor Market 2023-2030 ($M) - Regional Industry Research
5.4.1 Cmos Image Sensor Market 2023-2030 ($M)
5.4.2 Ccd Image Sensor Market 2023-2030 ($M)
5.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 ($M)
5.5 Proximity Sensor Market 2023-2030 ($M) - Regional Industry Research
5.5.1 Capacitive Proximity Sensor Market 2023-2030 ($M)
5.6 Fingerprint Sensor Market 2023-2030 ($M) - Regional Industry Research
6.APAC Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 ($M)
6.1 Pressure Sensor Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Piezoresistive Market 2023-2030 ($M)
6.1.2 Capacitive Market 2023-2030 ($M)
6.1.3 Electromagnetic Market 2023-2030 ($M)
6.1.4 Optical Market 2023-2030 ($M)
6.1.5 Resonant Solid State Market 2023-2030 ($M)
6.1.6 Microelectromechanical System Market 2023-2030 ($M)
6.2 Temperature Sensor Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Bimetallic Market 2023-2030 ($M)
6.2.2 Thermistor Market 2023-2030 ($M)
6.2.3 Resistance Temperature Detector Market 2023-2030 ($M)
6.2.4 Temperature Sensor Ic Market 2023-2030 ($M)
6.2.5 Thermocouple Market 2023-2030 ($M)
6.2.6 Infrared Market 2023-2030 ($M)
6.2.7 Fiber Optic Market 2023-2030 ($M)
6.3 Motion Sensor Market 2023-2030 ($M) - Regional Industry Research
6.3.1 Mem Accelerometer Market 2023-2030 ($M)
6.3.2 Mem Gyroscope Market 2023-2030 ($M)
6.3.3 Mem Magnetometer Market 2023-2030 ($M)
6.3.4 Sensor Combo Market 2023-2030 ($M)
6.4 Image Sensor Market 2023-2030 ($M) - Regional Industry Research
6.4.1 Cmos Image Sensor Market 2023-2030 ($M)
6.4.2 Ccd Image Sensor Market 2023-2030 ($M)
6.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 ($M)
6.5 Proximity Sensor Market 2023-2030 ($M) - Regional Industry Research
6.5.1 Capacitive Proximity Sensor Market 2023-2030 ($M)
6.6 Fingerprint Sensor Market 2023-2030 ($M) - Regional Industry Research
7.MENA Electronic Sensor Market For Consumer Industry, By Type Market 2023-2030 ($M)
7.1 Pressure Sensor Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Piezoresistive Market 2023-2030 ($M)
7.1.2 Capacitive Market 2023-2030 ($M)
7.1.3 Electromagnetic Market 2023-2030 ($M)
7.1.4 Optical Market 2023-2030 ($M)
7.1.5 Resonant Solid State Market 2023-2030 ($M)
7.1.6 Microelectromechanical System Market 2023-2030 ($M)
7.2 Temperature Sensor Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Bimetallic Market 2023-2030 ($M)
7.2.2 Thermistor Market 2023-2030 ($M)
7.2.3 Resistance Temperature Detector Market 2023-2030 ($M)
7.2.4 Temperature Sensor Ic Market 2023-2030 ($M)
7.2.5 Thermocouple Market 2023-2030 ($M)
7.2.6 Infrared Market 2023-2030 ($M)
7.2.7 Fiber Optic Market 2023-2030 ($M)
7.3 Motion Sensor Market 2023-2030 ($M) - Regional Industry Research
7.3.1 Mem Accelerometer Market 2023-2030 ($M)
7.3.2 Mem Gyroscope Market 2023-2030 ($M)
7.3.3 Mem Magnetometer Market 2023-2030 ($M)
7.3.4 Sensor Combo Market 2023-2030 ($M)
7.4 Image Sensor Market 2023-2030 ($M) - Regional Industry Research
7.4.1 Cmos Image Sensor Market 2023-2030 ($M)
7.4.2 Ccd Image Sensor Market 2023-2030 ($M)
7.4.4 Image Sensor, By Operating Spectrum Market 2023-2030 ($M)
7.5 Proximity Sensor Market 2023-2030 ($M) - Regional Industry Research
7.5.1 Capacitive Proximity Sensor Market 2023-2030 ($M)
7.6 Fingerprint Sensor Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Electronic Sensors Market Revenue, 2023-2030 ($M)2.Canada Electronic Sensors Market Revenue, 2023-2030 ($M)
3.Mexico Electronic Sensors Market Revenue, 2023-2030 ($M)
4.Brazil Electronic Sensors Market Revenue, 2023-2030 ($M)
5.Argentina Electronic Sensors Market Revenue, 2023-2030 ($M)
6.Peru Electronic Sensors Market Revenue, 2023-2030 ($M)
7.Colombia Electronic Sensors Market Revenue, 2023-2030 ($M)
8.Chile Electronic Sensors Market Revenue, 2023-2030 ($M)
9.Rest of South America Electronic Sensors Market Revenue, 2023-2030 ($M)
10.UK Electronic Sensors Market Revenue, 2023-2030 ($M)
11.Germany Electronic Sensors Market Revenue, 2023-2030 ($M)
12.France Electronic Sensors Market Revenue, 2023-2030 ($M)
13.Italy Electronic Sensors Market Revenue, 2023-2030 ($M)
14.Spain Electronic Sensors Market Revenue, 2023-2030 ($M)
15.Rest of Europe Electronic Sensors Market Revenue, 2023-2030 ($M)
16.China Electronic Sensors Market Revenue, 2023-2030 ($M)
17.India Electronic Sensors Market Revenue, 2023-2030 ($M)
18.Japan Electronic Sensors Market Revenue, 2023-2030 ($M)
19.South Korea Electronic Sensors Market Revenue, 2023-2030 ($M)
20.South Africa Electronic Sensors Market Revenue, 2023-2030 ($M)
21.North America Electronic Sensors By Application
22.South America Electronic Sensors By Application
23.Europe Electronic Sensors By Application
24.APAC Electronic Sensors By Application
25.MENA Electronic Sensors By Application
26.Sony Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Samsung Electronics Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Stmicroelectronics N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Nxp Semiconductor N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Te Connectivity Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Murata Manufacturing Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Robert Bosch Gmbh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Infineon Technology Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Synaptics Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Cypress Semiconductor Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Omron Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)