Intelligent Sensors Market | Business Growth, Development Factors, Current and Future Trends till 2029
This report provides practical insights for business leaders looking to understand market growth, size, and key trends in the intelligent sensors industry.
Intelligent Sensors Market Analysis & Forecast: 2025-2029
The intelligent sensors market size has grown rapidly in recent years. It will grow from $62.08 billion in 2024 to $70.14 billion in 2025 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to increasing adoption of IoT devices, rising demand for smart consumer electronics, rising demand for smart city solutions, increasing focus on energy efficiency, rising integration in automotive safety systems.
The intelligent sensors market size is expected to see rapid growth in the next few years. It will grow to $117.62 billion in 2029 at a compound annual growth rate (CAGR) of 13.8%. The growth in the forecast period can be attributed to growing advancements in ai and machine learning, increasing use in wearable health devices, rise in automation across industries, expanding applications in industrial robotics, growing investment in autonomous vehicles. Major trends in the forecast period include advancement in sensor miniaturization, advanced data analytics integration, innovation in wireless sensor networks, advancement in self-diagnostic capabilities, advanced edge computing adoption.
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What Are The Factors Driving The Intelligent Sensors Market?
The increasing demand for automation is expected to propel the growth of the intelligent sensors market going forward. Automation refers to applying technology to tasks or operations with little human involvement. The demand for automation is rising due to the need for increasing operational efficiency as businesses seek to reduce costs and improve productivity by minimizing manual labor and errors. Intelligent sensors enable real-time data collection and decision-making, allowing automation systems to respond accurately and autonomously to changing conditions without human input. For instance, in September 2024, according to a report published by the International Federation of Robotics, a Germany-based international association, 4.28 million robots were operating in factories globally in 2024, up 10%, with over 500,000 units installed annually for the third year. Therefore, the increasing need for automation is driving the growth of the intelligent sensors market.
What Segments Are Covered In The Intelligent Sensors Market Report?
The intelligent sensors market covered in this report is segmented –
1) By Type: Humidity, Pressure, Motion, Other Types
2) By Technology: Micro-Electro-Mechanical Systems (MEMS), Complementary Metal-Oxide-Semiconductor (CMOS), Other Technologies
3) By Application: Aerospace And Defense, Automotive, Other Applications
Subsegments:
1) By Humidity: Capacitive Humidity Sensors, Resistive Humidity Sensors, Thermal Conductivity Humidity Sensors
2) By Pressure: Absolute Pressure Sensors, Gauge Pressure Sensors, Differential Pressure Sensors, Sealed Pressure Sensors
3) By Motion: Accelerometers, Gyroscopes, Magnetometers, Inertial Measurement Units (IMUs)
4) By Other Types: Temperature Sensors, Proximity Sensors, Image Sensors, Touch Sensors, Gas Sensors, Flow Sensors
What Are The Main Trends, Positively Impacting The Growth Of Intelligent Sensors Market?
Major companies operating in the intelligent sensors market are focusing on developing technologically advanced products, such as digital temperature and humidity sensors, to enhance accuracy, efficiency, and real-time monitoring across various applications. Digital temperature and humidity sensors are integrated devices that accurately measure and digitally transmit environmental data. For instance, in November 2022, Scio Sense, a Netherlands-based environmental and flow sensor technology company, launched the unique ENS21x family of high-performance digital temperature and humidity sensors for automotive HVAC, smart buildings, and industrial IoT. Featuring ultra-fast response and long-term stability, these sensors enable reliable real-time health, logistics, and automation monitoring.
Which Are The Major Players Operating In The Global Intelligent Sensors Market?
Major companies operating in the intelligent sensors market are Qualcomm Incorporated, Honeywell International Inc., ABB Ltd, Eaton Corporation plc, Texas Instruments Incorporated, TDK Corporation, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, Rockwell Automation Inc., Omron Corporation, Vishay Intertechnology Inc., Sick AG, ifm electronic gmbh, Balluff GmbH, Sensirion AG, CEVA Inc., Bosch Sensortec GmbH
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Intelligent Sensors Market Regional Insights:
North America was the largest region in the intelligent sensors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intelligent sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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