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SMART SENSORS

Global Market Trajectory & Analytics

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VALIDATED EXECUTIVE ENGAGEMENTS

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POOL + OUTREACH

26905

Interactions with Platform & by Email *

INTERACTIONS

2421

Unique # Participated *

PARTICIPANTS

538

Responses Validated *

VALIDATIONS

242

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  •  DATE

    JUNE 2020

  •  TABLES

    63

  •  PAGES

    166

  •  EDITION

    19

  •  PRICE

    US$5600


COVID-19 IMPACT SURVEY MAY 2020

Amid the COVID-19 crisis and the looming economic recession, the Smart Sensors market worldwide will grow by a projected US$66.7 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 15.3%. Smart Flow Sensors, one of the segments analyzed and sized in this study, is forecast to grow at over 14.2% and reach a market size of US$44.8 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Smart Flow Sensors market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 16.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$2.5 Billion to the region's size over the next 7 to 8 years. In addition, over US$3 Billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Smart Flow Sensors segment will reach a market size of US$2.8 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Smart Sensors market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 15.5% over the next couple of years and add approximately US$9.1 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Smart Sensors market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, ABB; Analog Devices Inc.; Delphi Automotive Plc; Eaton Corporation Plc; Honeywell International, Inc.; Infineon Technologies AG; NXP Semiconductors; Omron Corp.; Raytek Corp.; Robert Bosch GmBH; Schneider Electric SE; Sensata Technologies Inc.; SICK AG; Siemens AG; Smart Sensors Inc.; Vishay Intertechnology Inc.; Yokogawa Electric Corp.

SEGMENTS

» Product Segment (Smart Position Sensors, Smart Load Cells, Smart Flow Sensors, Smart Pressure Sensors, Smart Temperature Sensors)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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