Market Overview:
The global array sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for array sensors in various applications, such as communication industry, earthquake monitoring, astronomical observation, automatic control and others. Additionally, the growing demand for miniaturized and low-power consuming devices is also fueling the growth of this market.
Product Definition:
An array sensor is a device that uses an array of sensors to detect, measure or otherwise characterize physical phenomena. Array sensors may be used in a wide variety of applications, including medical diagnostics, homeland security and scientific research.
Multipole Array Sensor:
Multipole Array Sensor is a type of electromagnetic sensor which consists of many small magneto-resistive elements, arranged in an array. The output signal from the multipole sensor is dependent on the magnetic field strength and direction. Multipole sensors are widely used in various applications such as earthmoving equipment, automobiles & aircraft navigation systems, industrial process control system and medical imaging devices among others.
Gas Array Sensor:
Gas array sensors are used in air pollution control and environmental monitoring. They are also used for detecting leaks or any other gas leakages. These sensors can be fixed at different places depending upon the necessity such as on roads, bridges, buildings etc., to monitor air quality around them. It is an electronic device that measures the amount of harmful gases present in a particular place or around a particular activity etc.
Application Insights:
The array sensors find application in various industries including communication, aerospace & defense, automotive and transportation, medical and healthcare. Communication industry is the major consumer of array sensors owing to the growing demand for high-speed data transfer over large distances. The communication sector has witnessed significant growth over the past decade on account of increasing adoption of smartphones worldwide.
The global increase in internet users has led to an increased need for high-speed data transfer technologies such as optical fiber cables that are used to connect different cities together. Optical fiber cables enable end-to-end transmission speeds up to 10 Gb/s that provide higher bandwidth compared to traditional copper wires or wireless technologies such as WiMAX, LTE etc., Array sensor provides critical tracking information during space missions so astronomers use them for their observations (Image source: NASA).
Regional Analysis:
North America dominated the global array sensors market in 2017. The growth of this region can be attributed to the presence of major players such as Honeywell International, Inc.; Airbus Group; and General Electric. These companies are engaged in extensive research & development activities to develop advanced sensors for different applications. Moreover, these companies are also involved in strategic initiatives such as joint ventures and acquisitions that will enable them to meet growing customer demand across various industries. For instance, In 2015, GE Healthcare acquired a majority stake of Sensortech Systems Pte Ltd., a Singapore-based manufacturer of medical devices and microelectronic components for healthcare applications from Johnson & Johnson Services Asia Pacific JV (JJSA).
Growth Factors:
- Increasing demand for miniaturization in various industries is expected to drive the growth of the array sensors market.
- The increasing use of array sensors in medical applications is another key factor that is expected to fuel the growth of this market during the forecast period.
- The growing demand for smart and connected devices is also anticipated to boost the demand for array sensors over the next few years.
- Rising awareness about energy efficiency and environmental concerns are also projected to propel the growth of this market in near future. 5) Growing investments by leading players in R&D activities are likely to create new opportunities for players operating in this market during
Scope Of The Report
Report Attributes
Report Details
Report Title
Array Sensors Market Research Report
By Type
Multipole Array Sensor, Gas Array Sensor, Microelectrode Array Sensor, Other
By Application
Communication Industry, Earthquake Monitoring, Astronomical Observation, Automatic Control, Other
By Companies
SICK AG, Rockwell Automation, Panasonic, Boston Electronics Corporation, Banner Engineering Corp, KEYENCE CORPORATION, ams AG, Dynamax-Imaging, Melexis, OMRON, Excelitas, Balluff Inc, DIAS Infrared GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Array Sensors Market Report Segments:
The global Array Sensors market is segmented on the basis of:
Types
Multipole Array Sensor, Gas Array Sensor, Microelectrode Array Sensor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communication Industry, Earthquake Monitoring, Astronomical Observation, Automatic Control, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SICK AG
- Rockwell Automation
- Panasonic
- Boston Electronics Corporation
- Banner Engineering Corp
- KEYENCE CORPORATION
- ams AG
- Dynamax-Imaging
- Melexis
- OMRON
- Excelitas
- Balluff Inc
- DIAS Infrared GmbH
Highlights of The Array Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Multipole Array Sensor
- Gas Array Sensor
- Microelectrode Array Sensor
- Other
- By Application:
- Communication Industry
- Earthquake Monitoring
- Astronomical Observation
- Automatic Control
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Array Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Array sensors are a type of sensor that uses an array of individual sensors to detect and measure physical or chemical properties.
Some of the major companies in the array sensors market are SICK AG, Rockwell Automation, Panasonic, Boston Electronics Corporation, Banner Engineering Corp, KEYENCE CORPORATION, ams AG, Dynamax-Imaging, Melexis, OMRON, Excelitas, Balluff Inc, DIAS Infrared GmbH.
The array sensors market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Array Sensors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Array Sensors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Array Sensors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Array Sensors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Array Sensors Market Size & Forecast, 2020-2028 4.5.1 Array Sensors Market Size and Y-o-Y Growth 4.5.2 Array Sensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Multipole Array Sensor
5.2.2 Gas Array Sensor
5.2.3 Microelectrode Array Sensor
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Communication Industry
6.2.2 Earthquake Monitoring
6.2.3 Astronomical Observation
6.2.4 Automatic Control
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Array Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Array Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Multipole Array Sensor
9.6.2 Gas Array Sensor
9.6.3 Microelectrode Array Sensor
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Communication Industry
9.10.2 Earthquake Monitoring
9.10.3 Astronomical Observation
9.10.4 Automatic Control
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Multipole Array Sensor
10.6.2 Gas Array Sensor
10.6.3 Microelectrode Array Sensor
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Communication Industry
10.10.2 Earthquake Monitoring
10.10.3 Astronomical Observation
10.10.4 Automatic Control
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Multipole Array Sensor
11.6.2 Gas Array Sensor
11.6.3 Microelectrode Array Sensor
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Communication Industry
11.10.2 Earthquake Monitoring
11.10.3 Astronomical Observation
11.10.4 Automatic Control
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Multipole Array Sensor
12.6.2 Gas Array Sensor
12.6.3 Microelectrode Array Sensor
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Communication Industry
12.10.2 Earthquake Monitoring
12.10.3 Astronomical Observation
12.10.4 Automatic Control
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Multipole Array Sensor
13.6.2 Gas Array Sensor
13.6.3 Microelectrode Array Sensor
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Communication Industry
13.10.2 Earthquake Monitoring
13.10.3 Astronomical Observation
13.10.4 Automatic Control
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Array Sensors Market: Competitive Dashboard
14.2 Global Array Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SICK AG
14.3.2 Rockwell Automation
14.3.3 Panasonic
14.3.4 Boston Electronics Corporation
14.3.5 Banner Engineering Corp
14.3.6 KEYENCE CORPORATION
14.3.7 ams AG
14.3.8 Dynamax-Imaging
14.3.9 Melexis
14.3.10 OMRON
14.3.11 Excelitas
14.3.12 Balluff Inc
14.3.13 DIAS Infrared GmbH