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Europe Smart Sensors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (MEMS, CMOS, and Others), Type (Temperature and Humidity Sensors, Pressure Sensors, Motion, and Others), and End-use Industry (Consumer Electronics, Automotive, Healthcare, Manufacturing, Retail, and Others)

The Europe smart sensors market is expected to grow from US$ 7,746.78 million in 2021 to US$ 19,159.95 million by 2028. It is estimated to grow at a CAGR of 13.8% from 2021 to 2028.

The IoT and its intelligent sensors have the potential to cause a far-reaching and practical impact. Large-scale networking and digitization have opened a whole new set of solutions and services for construction and building managers. This innovation has the potential to create highly intelligent (smart) buildings that are energy-efficient, optimize facility management, improve safety and security, generate business intelligence, and enhance the occupant experience. Networked IoT sensors across the entire building environment provide a wealth of actionable data that can be used to make building-wide decisions in real-time, making these buildings smart.

With the growing demand for smart buildings, a new breed of intelligent sensors for commercial buildings has emerged. These include low-cost embedded ARM-based processors that run state-of-the-art machine learning algorithms on miniature network-connected and image-based sensing devices.

Best-in-class sensors are highly secure and designed for indoor occupant analytics and energy savings, providing unprecedented precision in occupant detection, count, and movements and accurate reading of ambient lighting and motion sensing. These smart sensors can work as standalone devices or be integrated into other infrastructure appliances, such as thermostats or lighting fixtures, in keeping with the edge computing approach. As these intelligent building sensors can perform all analytics in-house, images are never stored or transmitted over the network, ensuring that occupants’ privacy is fully protected. Biosensors and electronic, chemical, and smart grid sensors are in high demand in smart cities.

According to multiple studies, tens of billions of IoT devices will connect to the Internet in the coming years. COVID-19 is driving urban resilience, and digital transformation strategy agendas as city governments adjust to a new reality. During the current emergency, this is reflected in the deployment of various technologies. Due to embedded support for various communication protocols, they are interoperable across different IoT ecosystems. Their inherent remote access capability enables remote maintenance and firmware upgrades, making them compatible with future technological advancements.

A network of sensors, cameras, wireless devices, and data centers form the key infrastructure in smart cities, allowing civic authorities to provide essential services more quickly and efficiently. Smart cities are also much more eco-friendly, as they use sustainable materials for construction and consume less energy. Efficient use of technology aids in creating an effective transportation management system, improving healthcare facilities, and developing a robust communication network that connects all businesses, people, and relationships between central and sub-national government levels.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the smart sensors market growth at a notable CAGR during the forecast period.

Europe Smart Sensors Market Revenue and Forecast to 2028 (US$ Million)

Europe Smart Sensors Market Segmentation

The Europe smart sensors market is segmented on the basis of technology, type, end-use industry, and country. By technology, the market is segmented into mems, CMOS, and others. Based on type, the market is segmented into temperature and humidity sensors, pressure sensors, motion, and others. Based on end-use industry, the market is divided into consumer electronics, automotive, healthcare, manufacturing, retail, and others. Based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe.

Europe Smart Sensors Market—Companies Mentioned

Analog Devices, Inc.; INFINEON TECHNOLOGIES AG; ST Microelectronics; TE Connectivity Corporation; Microchip Technology Inc.; NXP Semiconductors; Siemens; Robert Bosch GmbH; ABB Ltd.; and Honeywell International Inc. are a few major companies operating in the regional market.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Smart Sensor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Smart Sensor Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Extensive adoption of Smart Sensors in IoT-based Devices and Consumer Electronics
5.1.2 Growing Popularity of Smart Sensors in Industrial Automation
5.2 Market Restraints
5.2.1 High Cost and Less Lifespan of Device
5.3 Market Opportunities
5.3.1 Development of Smart Cities
5.4 Future Trends
5.4.1 Emergence of Autonomous Vehicles and Advancements of Technologies
5.4.2 Rising Inclination of Smart Sensors in Biomedical Applications
5.5 Impact Analysis of Drivers and Restraints
6. Europe Smart Sensor Market – Country Market Analysis
6.1 Europe Smart Sensor Market Forecast and Analysis
7. Europe Smart Sensor Market Analysis – By Type
7.1 Overview
7.1.1 Europe: Smart Sensors Market- by Type
7.2 Temperature & Humidity Sensors
7.2.1 Overview
7.2.2 Temperature & Humidity Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.3 Pressure Sensors
7.3.1 Overview
7.3.2 Pressure Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Motion Sensors
7.4.1 Overview
7.4.2 Motion Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Position Sensors
7.5.1 Overview
7.5.2 Position Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
8. Europe Smart Sensor Market – By Technology
8.1 Overview
8.1.1 Europe: Smart Sensors Market- By Technology
8.2 MEMS
8.2.1 Overview
8.2.2 MEMS: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.3 CMOS
8.3.1 Overview
8.3.2 CMOS: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Smart Sensor Market – By End-Use Industry
9.1 Overview
9.1.1 Europe: Smart Sensors Market- By End-Use Industry
9.2 Consumer Electronics
9.2.1 Overview
9.2.2 Consumer Electronics: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Manufacturing
9.5.1 Overview
9.5.2 Manufacturing: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Retail
9.6.1 Overview
9.6.2 Retail: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Smart Sensors Market– Country Analysis
10.1 Europe: Smart Sensors Market
10.1.1 Overview
10.1.2 Europe: Smart Sensors Market- by Key Country
10.1.2.1 Germany: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Germany: Smart Sensors Market- by Type
10.1.2.1.2 Germany: Smart Sensors Market- By Technology
10.1.2.1.3 Germany: Smart Sensors Market- By End-Use Industry
10.1.2.2 France: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 France: Smart Sensors Market- by Type
10.1.2.2.2 France: Smart Sensors Market- By Technology
10.1.2.2.3 France: Smart Sensors Market- By End-Use Industry
10.1.2.3 Italy: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Italy: Smart Sensors Market- by Type
10.1.2.3.2 Italy: Smart Sensors Market- By Technology
10.1.2.3.3 Italy: Smart Sensors Market- By End-Use Industry
10.1.2.4 UK: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 UK: Smart Sensors Market- by Type
10.1.2.4.2 UK: Smart Sensors Market- By Technology
10.1.2.4.3 UK: Smart Sensors Market- By End-Use Industry
10.1.2.5 Russia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 Russia: Smart Sensors Market- by Type
10.1.2.5.2 Russia: Smart Sensors Market- By Technology
10.1.2.5.3 Russia: Smart Sensors Market- By End-Use Industry
10.1.2.6 Rest of Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of Europe: Smart Sensors Market- by Type
10.1.2.6.2 Rest of Europe: Smart Sensors Market- By Technology
10.1.2.6.3 Rest of Europe: Smart Sensors Market- By End-Use Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Analog Devices, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 INFINEON TECHNOLOGIES AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 STMicroelectronics
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 TE Connectivity Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Microchip Technology Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 NXP Semiconductors
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Siemens
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Robert Bosch GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 ABB Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Honeywell International Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             Europe Smart Sensor Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2.             Europe: Smart Sensors Market- by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3.             Europe: Smart Sensors Market- By Technology – Revenue and Forecast to 2028 (US$ Million)
Table 4.             Europe: Smart Sensors Market- By End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5.             Germany: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6.             Germany: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 7.             Germany: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)
Table 8.             France: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9.             France: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 10.          France: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11.          Italy: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 12.          Italy: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 13.          Italy: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)
Table 14.          UK: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 15.          UK: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 16.          UK: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)
Table 17.          Russia: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 18.          Russia: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 19.          Russia: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)
Table 20.          Rest of Europe: Smart Sensors Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 21.          Rest of Europe: Smart Sensors Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 22.          Rest of Europe: Smart Sensors Market- By End-Use Industry –Revenue and Forecast to 2028 (US$ Million)
Table 23.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           Europe Smart Sensor Market Segmentation
Figure 2.           Europe Smart Sensor Market Overview
Figure 3.           Europe Smart Sensor Market, By Technology
Figure 4.           Europe Smart Sensor Market, By Country
Figure 5.           Europe: PEST Analysis
Figure 6.           Europe Smart Sensor Market Ecosystem Analysis
Figure 7.           Expert Opinion
Figure 8.           Smart sensor Market Impact Analysis of Drivers and Restraints
Figure 9.           Europe Smart Sensor Market, Forecast and Analysis (US$ Mn)
Figure 10.        Europe: Smart Sensors Market Revenue Share, By Type (2020 and 2028)
Figure 11.        Temperature & Humidity Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12.        Pressure Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.        Motion Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Position Sensors: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15.        Others: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16.        Europe: Smart Sensors Market Revenue Share, By Technology (2020 and 2028)
Figure 17.        MEMS: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.        CMOS: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Others: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20.        Europe: Smart Sensors Market Revenue Share, By End-Use Industry (2020 and 2028)
Figure 21.        Consumer Electronics: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22.        Automotive: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        Healthcare: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        Manufacturing: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        Retail: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        Others: Europe Smart Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
Figure 28.        Europe: Smart Sensors Market Revenue Share, By Key Country (2020 and 2028)
Figure 29.        Germany: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
Figure 30.        France: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
Figure 31.        Italy: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
Figure 32.        UK: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
Figure 33.        Russia: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)
Figure 34.        Rest of Europe: Smart Sensors Market– Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Smart Sensors Market.
● Highlights key business priorities in order to assist companies to realign their business strategies.
● The key findings and recommendations highlight crucial progressive industry trends in Europe Smart Sensors Market, thereby allowing players across the value chain to develop effective long-term strategies.
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
● Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

The List of Companies – Europe Smart Sensors Market

● Analog Devices, Inc.                                                                       
● INFINEON TECHNOLOGIES AG                                                  
● STMicroelectronics                                                                         
● TE Connectivity Corporation                                                         
● Microchip Technology Inc.                                                          
● NXP Semiconductors                                                                     
● Siemens                                                                                              
● Robert Bosch GmbH                                                                        
● ABB Ltd                                                                                               
● Honeywell International Inc.                                                    

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