United Kingdom Smart Sensor Market

A sensor with an interfacing circuit forms a smart sensor, which is capable of making decision, logical function, and two way communications. Significant benefits offered by smart sensor are high reliability, minimal cost, high performance, and scalability. The major challenge associated with smart sensor is its pre-defined embedded functions that are provided during the designing stage of smart sensors. These are used in various applications such as aerospace & defense, automotive, biomedical, industrial automation, building automation, and consumer electronics among others. They are developed for the primary purpose of measuring brightness, acceleration, temperature, humidity, and material property. Due to its flexibility and miniaturization, smart sensors are now integrating into all automotive products, consumer electronics products, and wearable devices.

The U.K. has registered a market value of $205.33 million in 2014, which is about 9.09% share of overall global smart sensor market. This region is projected to reach a market value of $677.89 million by 2018, at a CAGR of 34.80%. In the recent years, there has been a growing demand for tablet PC’s, mobile phones, notebooks, novel wireless technology, and energy saving devices. As smart sensors become an essential tool that assist is integrated into these devices, the market of smart sensors is expected to undergo a rapid progression in the future. Another key market driver fuelling the growth of the smart sensor market in United Kingdom is the introduction of smart sensors in the healthcare sector, along with its adoption in wearable technology.

The U.K. smart sensor market is segmented on the basis of component and technology. In terms of component, the market involves MEMS accelerometer and gyroscopes, digital compass, and combos sensor. Based on technology, the market gets sub-divided into complementary metal-oxide semiconductor (CMOS) and optical spectroscopy.

Prominent companies thriving in the U.K.smart sensor market are Freescale Semiconductor Inc. (U.S.), Infineon technologies AG (Germany), ABB Ltd. (Switzerland), BeanAir (France), Siemens AG (Germany), Honeywell International Inc. (U.S.), Analog Devices Inc. (U.S), Eaton Corporation (Ireland), Advanced Sensor Technologies, Inc (U.S.), Sentec Ltd (U.K.), Vögtlin Instruments AG (Germany), MTC ElectroCeramics (U.K.), NXP Semiconductors (The Netherlands), Maxim Integrated (U.S.), Thermometrics Corporation (U.S.), Smith Systems, Inc.(U.S.), Osensa Innovations (Canada), and Sensirion (Switzerland).

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Along with the market data, you can also customize MMM assessments that are in accordance to your company’s specific needs. Customize the report to get an insight into industry standards and deep-dive analysis of the following parameters:

Product Analysis

• Deep-dive product analysis at country level
• Product matrix, which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
• Segment and country wise analysis of products at end-user level

Country Level Data Analysis

• Country level data for top countries in the smart sensor market
• Country-specific data showing opportunities in different regions

Application Analysis

• Application level data for every segment in the smart sensor market
• Revenue growth matrix showing market distribution among different countries

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