Market Overview:
The global sensor ICs 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 miniaturized and low-power sensors across various applications, such as automotive, consumer electronics, medical devices, and industrial automation. The linear sensor ICs segment is expected to hold the largest share of the global sensor ICs market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The angle sensor ICs segment is projected to grow at a CAGR of 5% during the same period.
Product Definition:
Sensor ICs are used to measure various physical quantities such as temperature, pressure, humidity and light. These sensors are used in a variety of applications such as consumer electronics, automotive and medical devices.
Linear Sensor ICs:
Linear sensor ICs are used in various applications such as consumer electronics, automotive, healthcare and industrial. The market for linear sensor ICs is expected to witness significant growth over the forecast period owing to increasing demand across these industries. Linear Sensor ICs have a wide range of applications due to their ability of providing high accuracy and reliability in measurement application at low cost.
Angle Sensor ICs:
Angle sensor ICs are used in various applications such as mobile phones, tablets, automotive and consumer electronics. It is a type of semiconductor that creates an electric signal when subjected to a particular magnetic field or optic. The technology has wide application scope in the manufacturing industry owing to its ability to measure angles with high accuracy and precision.
Application Insights:
The temperature sensors application segment led the global sensor ICs market in 2017. It is also expected to be the fastest-growing segment over the forecast period. Temperature sensors are used in a wide range of applications, including automotive engine control, consumer electronics, industrial machinery and robotics, medical equipment and appliances (such as thermometers), home appliances (such as thermostats), building & construction industry equipment/machinery (such as temperature controllers for air conditioners or heaters for heating water) and many more.
The increasing need for advanced technology products that can sense and regulate temperatures is propelling growth of this segment. Moreover, growing demand from end-use industries such as aerospace & defense will further boost growth during the forecast period. The pressure sensors application segment accounted for a significant share in 2017 owing to its rising use across numerous end-use industries such as oil & gas industry machinery sensing systems which include pumps&valves etc., transportation logistics etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and adoption of new technologies across various industrial sectors including oil & gas, automotive, medical, etc. Moreover, presence of major sensor manufacturing companies such as Maxim Integrated Products Inc.; Analog Devices; Texas Instruments; and National Semiconductor will also help maintain the dominance of this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over a projected period owing to rising demand for sensors from numerous end-use industries such as medical devices & systems and consumer electronics which include smartphones and wearable devices among others.
Growth Factors:
- Increasing demand for smart devices and the Internet of Things (IoT) is driving the growth of the sensor IC market.
- The miniaturization of sensors is aiding in their widespread adoption across a variety of applications, including automotive, medical, and consumer electronics.
- Growing demand for wearable devices is also propelling the growth of the sensor IC market.
- Rising awareness about health and fitness is fueling demand for sensors that can track physical activity and monitor vital signs.
- Advances in semiconductor technology are enabling manufacturers to develop smaller, more power-efficient sensors that can be used in a wider range of applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Sensor ICs Market Research Report
By Type
Linear Sensor ICs, Angle Sensor ICs
By Application
Temperature Sensors, Pressure Sensors, Others
By Companies
Honeywell, Texas Instruments, Allegro MicroSystems, LLC, Maxim Integrated, Mitsumi Electric Co, Rohm Semiconductor, Murata Manufacturing Co, Ablic, Infineon
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Sensor ICs Market Report Segments:
The global Sensor ICs market is segmented on the basis of:
Types
Linear Sensor ICs, Angle Sensor ICs
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
Temperature Sensors, Pressure Sensors, Others
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:
- Honeywell
- Texas Instruments
- Allegro MicroSystems, LLC
- Maxim Integrated
- Mitsumi Electric Co
- Rohm Semiconductor
- Murata Manufacturing Co
- Ablic
- Infineon
Highlights of The Sensor ICs 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:
- Linear Sensor ICs
- Angle Sensor ICs
- By Application:
- Temperature Sensors
- Pressure Sensors
- Others
- 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 Sensor ICs 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Sensor ICs are semiconductor chips that can be used to detect physical or chemical changes in the environment. These chips can be found in a variety of devices, including smartphones, fitness trackers, and home security systems. Sensor ICs are often designed to work with other components within a device to provide accurate data about the surrounding environment.
Some of the key players operating in the sensor ics market are Honeywell, Texas Instruments, Allegro MicroSystems, LLC, Maxim Integrated, Mitsumi Electric Co, Rohm Semiconductor, Murata Manufacturing Co, Ablic, Infineon.
The sensor ics market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sensor ICs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sensor ICs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sensor ICs Market - Supply Chain
4.5. Global Sensor ICs Market Forecast
4.5.1. Sensor ICs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sensor ICs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sensor ICs Market Absolute $ Opportunity
5. Global Sensor ICs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sensor ICs Market Size and Volume Forecast by Type
5.3.1. Linear Sensor ICs
5.3.2. Angle Sensor ICs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sensor ICs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sensor ICs Market Size and Volume Forecast by Application
6.3.1. Temperature Sensors
6.3.2. Pressure Sensors
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sensor ICs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sensor ICs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sensor ICs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sensor ICs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sensor ICs Demand Share Forecast, 2019-2026
9. North America Sensor ICs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sensor ICs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sensor ICs Market Size and Volume Forecast by Application
9.4.1. Temperature Sensors
9.4.2. Pressure Sensors
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sensor ICs Market Size and Volume Forecast by Type
9.7.1. Linear Sensor ICs
9.7.2. Angle Sensor ICs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sensor ICs Demand Share Forecast, 2019-2026
10. Latin America Sensor ICs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sensor ICs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sensor ICs Market Size and Volume Forecast by Application
10.4.1. Temperature Sensors
10.4.2. Pressure Sensors
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sensor ICs Market Size and Volume Forecast by Type
10.7.1. Linear Sensor ICs
10.7.2. Angle Sensor ICs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sensor ICs Demand Share Forecast, 2019-2026
11. Europe Sensor ICs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sensor ICs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sensor ICs Market Size and Volume Forecast by Application
11.4.1. Temperature Sensors
11.4.2. Pressure Sensors
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sensor ICs Market Size and Volume Forecast by Type
11.7.1. Linear Sensor ICs
11.7.2. Angle Sensor ICs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sensor ICs Demand Share, 2019-2026
12. Asia Pacific Sensor ICs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sensor ICs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sensor ICs Market Size and Volume Forecast by Application
12.4.1. Temperature Sensors
12.4.2. Pressure Sensors
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sensor ICs Market Size and Volume Forecast by Type
12.7.1. Linear Sensor ICs
12.7.2. Angle Sensor ICs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sensor ICs Demand Share, 2019-2026
13. Middle East & Africa Sensor ICs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sensor ICs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sensor ICs Market Size and Volume Forecast by Application
13.4.1. Temperature Sensors
13.4.2. Pressure Sensors
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sensor ICs Market Size and Volume Forecast by Type
13.7.1. Linear Sensor ICs
13.7.2. Angle Sensor ICs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sensor ICs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sensor ICs Market: Market Share Analysis
14.2. Sensor ICs Distributors and Customers
14.3. Sensor ICs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Texas Instruments
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Allegro MicroSystems, LLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Maxim Integrated
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsumi Electric Co
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rohm Semiconductor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Murata Manufacturing Co
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ablic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Infineon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
