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Global Smart Sensors Strategic Business Report 2023: Healthy Outlook for Flow Meters to Benefit Demand for Smart Flow Sensors

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Dublin, March 01, 2023 (GLOBE NEWSWIRE) -- The "Smart Sensors - Global Strategic Business Report" report has been added to's offering.

The global market for Smart Sensors estimated at US$42.4 Billion in the year 2022, is projected to reach a revised size of US$171.1 Billion by 2030, growing at a CAGR of 19.1% over the analysis period 2022-2030.

Smart Flow Sensors, one of the segments analyzed in the report, is projected to record a 19% CAGR and reach US$77.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Smart Pressure Sensors segment is readjusted to a revised 19.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $12.4 Billion, While China is Forecast to Grow at 17.9% CAGR

The Smart Sensors market in the U.S. is estimated at US$12.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$28.5 Billion by the year 2030 trailing a CAGR of 17.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.4% and 16.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.

Select Competitors (Total 213 Featured) -

  • 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.


  • Siemens AG

  • Smart Sensors Inc.

  • Vishay Intertechnology Inc.

  • Yokogawa Electric Corp.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Report Metrics:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$42.4 Billion

Forecasted Market Value (USD) by 2030

$171.1 Billion

Compound Annual Growth Rate


Regions Covered


Key Topics Covered:




  • Influencer Market Insights

  • World Market Trajectories

  • Recent Market Activity

  • Sensors - A Prelude

  • Introduction to Smart Sensors

  • Smart Sensors Market over the Years

  • The IoT Phenomenon Necessitates Usage of Smart Sensors

  • Smart Sensors Witness Demand from Various Application Markets

  • Energy Efficient Miniaturized Sensors in Demand

  • MEMS - Enjoys Highest Popularity among All Sectors

  • Smart Sensing Improves Manufacturing Efficiencies

  • Initiating Maintenance Protocols and Predicting Equipment Failures

  • Sensors to Control, Monitor and Improve Processes

  • Maintenance of Historical Records, Logs and Regulatory Compliance

  • Sending Irregularities and Quality Standards Notifications Automatically

  • Predictive Monitoring, Analytics and Informatics with Smart Sensors

  • More Information Quickly and Easily

  • Rapidly Developing Sensor Technology Landscape

  • IoT for Analyzing and Unearthing Big Data

  • Smart Sensors - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Enhance Responsiveness and Fasten Flow of Information

  • Impact of Covid-19 and a Looming Global Recession



  • Smart Flow Sensors Market - The Largest Revenue Contributor

  • A Look into Key End-Use Opportunities for Flow Sensors

  • Healthy Outlook for Flow Meters to Benefit Demand for Smart Flow Sensors

  • Opportunity Indicator

  • Smart Pressure Sensors - The Fastest Growing Product Segment

  • Review of Key End-Use Opportunities for Smart Pressure Sensors

  • Smart Temperature Sensors

  • Miniature Temperature Sensors Grow in Popularity

  • Key Application Areas for Temperature Sensors

  • Digital/Smart Load Cells - A Budding Market

  • MEMS Technology Expands Opportunities for Smart Sensors

  • Wireless Smart Sensors Gaining Traction

  • Smart Grid Sensors - North America Dominates

  • Automotive Market - Opportunities Galore

  • Weight Reduction of Automobiles to Drive Demand for Light-Weight and Smaller Smart Sensors

  • Integration of Safety & Control Technologies in Automobiles on the Rise - Bodes Well for Automotive Sensors Market

  • Critical Role of Smart Sensors in Collision Avoidance Systems

  • Airbags - A Key Application Area for Smart Sensors in Automotive Market

  • Opportunity Indicators

  • Growing Integration of TPMS Drives Demand for Smart Pressure Sensors

  • Intelligent Sensors for Smart Cars

  • Deployment of Smart Sensors Capable of "feeling" the Surroundings

  • Leveraging Advanced Analytics to Make Systems that 'Think' Intelligently

  • Balancing Innovation and Security to Steer the Road Ahead

  • Opportunity Indicator for Smart Pressure Sensors in Automotive Market

  • Growing Penetration of MEMS Pressure Sensors in Automotive Segment

  • MEMS/MST Application Opportunities in Vehicle Diagnostic/Monitoring Systems

  • Projected Rise in Automotive Demand & Subsequent Rise in Production Bodes Well for Smart Sensors Market

  • Opportunity Indicators

  • Resurgence in Manufacturing/Industrial Sector Boosts Demand for Smart Sensors in Production/Processing Activity and Machinery Applications

  • Process Industries - A Major Market for Pressure Sensors

  • Automation of Industrial Processes to Benefit Industrial Position Sensors

  • Optimizing Energy Consumption in Manufacturing Plants: A Key Growth Driver for Smart Flow Sensors

  • Position Sensors in Machine Tools to Witness Growth

  • Opportunity Indicators

  • Smart Sensors Predict Machinery Malfunctions

  • Smart Sensors Ensure Reduced Industrial Emissions

  • Oil & Gas Industry Presents Strong Growth Opportunities for Smart Sensors

  • Oil & Gas - A Major Market for Smart Pressure Sensors

  • Booming Shale Gas Extraction - A Boon for Smart Temperature Sensors Market

  • Untapped Opportunities for Position Sensors in the Oil & Gas Industry

  • Rising Focus on Wind Energy to Benefit Position Sensors Used in Wind Turbines

  • Opportunity Indicator

  • Growing Proliferation of Consumer Electronic Devices to Drive Demand for Electronic Components

  • Inline Electronics Inspection with 3D Smart Sensors

  • Blue Laser for Cleaner Profiles

  • Sensor Firmware Customization

  • Gocator Emulator - A 'Virtual Sensor' Testing Environment

  • Increasing Demand for High-End Smartphones & Tablet PCs Boosts Demand for Multi-Functional Sensors

  • Increasing Usage in Defense, Academic and Aerospace Sectors

  • Medicine - Another High Growth Potential Market for Smart Sensors

  • Smart Packaging Sensors in Safeguarding Foods and Drugs

  • Future Applications

  • Novel Technologies Redefine Market Dynamics - A Look into Key Technology Developments over the Years

  • Sensors Become Smaller and Smarter

  • Nano-Sensor Technology Demonstrate Bright Future Prospects

  • Conventional Technologies Lose Share to Modern Technologies in Flow Sensors Market

  • Technology Developments in Pressure Sensors Market Over the Years

  • Micromachined Solutions Overshadows Mechanical Sensors Market

  • Micromachined Solutions Overshadows Mechanical Sensors Market

  • Smart Dust Technology Opens up New Avenues for Smart Sensors

  • Wireless and ImplanTable Sensors - A Breakthrough in Medicine

  • Smart Sensors & Their Use in 'Thought Controlled Computing' Applications - A Reality or Myth

  • Integrated RFID Sensors - A Promising Market

  • Multi-Functional Spintronic Smart Sensors - A Glimpse of the Future

  • Plug and Play Smart TEDS Sensors - An Overview

  • Bluetooth Technology Spurs Growth in Smart Sensors Market

  • Intelligent Products - Ongoing Trend in Process Pressure Transmitter Industry

  • Smart AdapTable Interfaces Offer Cost Effective Alternative

  • BiSS - A Low Cost Interface

  • Manufacturers Seek Cost-Focused Approach

  • Growing Applications & Technology Advancements Attract New Players

  • Customer Service and Specialization: An Emerging Strategy

  • Smart Sensors - Corporate Security and Counter-Terrorism

  • Interface Standards - No Longer a Contentious Issue?

  • Sensors Market - Competitive Scenario

  • Companies in Expansion Mode through M&A Activities

  • Smart Sensors Drive Manufacturers towards Smart Strategies

  • Identifying the Appropriate Strategic Move




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