Report Id: SNS/SEMI/2517 | July 2022 | Region: Global | 129 Pages
Report Scope & Overview:
The Smartphone Sensors Market Size was valued at USD 94 billion in 2021 and is expected to reach USD 297 billion by 2028, and grow at a CAGR of 17.8% over the forecast period 2022-2028.
Sensors are devices or pieces of equipment that detect various factors such as fingerprints, pressure, and temperature. Sensors are important in smartphones because they collect various information and data that is linked to various installed applications. Sensors are required for the operation of various cellphone applications. In addition, image sensors are required to complete tasks related to photography and cameras, whereas smartphones require accelerometers, gyroscopes, and touch sensors to run gaming applications.
Smartphone sensors become more advanced every day, resulting in Smartphone Sensors Market Demand. These sensors outperform traditional sensors by allowing for the automatic collection of environmental data with a significantly lower error rate. The Smartphone Sensors Market Size and Smartphone Sensors Market Share are expected to grow during the forecast period due to increased use and penetration of the internet of things (IoT), as well as increased automation in automobiles and smart wearable systems for health monitoring.
Global demand for smartphones is increasing.
Semiconductor prices fluctuates creating restraining factor in the market.
Unfavorable taxation rules on smartphone import and export.
creation of new smartphone applications.
This will be covered under the final version of the report.
IMPACT OF COVID-19:
COVID-19 has spread rapidly around the world, having a significant impact on the Smartphone Sensors Market. The majority of countries' supply lines have been disrupted as a result of partial or total lockdowns. Sensors in smartphones are important because they collect a wide range of data and information that is linked to the numerous applications that are installed. These sensors detect various characteristics such as temperature and pressure. Many sensors in cellphones perform various functions. In response to the COVID-19 pandemic, governments have implemented preventive measures such as lockdowns and business closures, which are harming the Smartphone Sensors Industry. The halt in manufacturing activity has resulted in a worldwide delay in smartphone production, which has had a significant impact on the Smartphone Sensors Industry.
Based on smartphone type, the smartphone sensors market is segmented into Standard Smartphone, Smartwatches, Rugged Smartphone, and Other Wearables. Based on manufacturer, the smartphone sensors market is segmented into Apple Inc., Huawei Technology, Oppo, HMD Global, Samsung Electronics, Xiaomi Inc., Sony Corporation, and Others. Based on application, the smartphone sensors market is segmented into High-End, Mid-Level, and Low-End. High-end sensors in smartphones accounted for a considerable market share. The high adoption rate of premium smartphones to gain access to additional features is a major factor in this market segment's dominance. Furthermore, the high efficiency of sensors in performing high-end applications is expected to drive the growth of this market segment.
The key players in the smartphone sensors market are Epson Europe Electronics, DYNA IMAGE Corporation, NEXT Biometrics, Samsung Electronics, Panasonic Corporation, Everlight Electronics, Maxim Integrated, Omron Corporation, Sony Corporation, and STMicroelectronics.
BY SMARTPHONE TYPE
North America, Europe, Asia-Pacific, and the Rest of the World comprise the market. North America is expanding rapidly as a result of rising sales of high-end smartphones in the region. Aside from that, rising consumer awareness of smartphone hardware and sensors, rising per capita income, and technological advancement and adoption in this region are the major motivating factors in the global smartphone sensors market's growth during the forecast period. Asia-Pacific is expected to hold a significant share of the global smartphone sensors market, owing to rising population and an increasing number of sensor manufacturers in the region's emerging countries such as India, China, and South Korea. The region's market demand is rising as a result of rising demand for smartphones and smart devices. The advancement of technology and the increasing adoption of advanced technology are driving the growth of the Smartphone sensor market across the region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 94 Billion|
|Market Size by 2028||US$ 297 Billion|
|CAGR||CAGR of 17.8% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Smartphone Type (Standard Smartphone, Smartwatches, Rugged Smartphone, Other Wearables)
• By Application (High-End, Mid-Level, Low-End)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Epson Europe Electronics, DYNA IMAGE Corporation, NEXT Biometrics, Samsung Electronics, Panasonic Corporation, Everlight Electronics, Maxim Integrated, Omron Corporation, Sony Corporation, and STMicroelectronics.|
|Key Drivers||• 5G commercialization
• Global demand for smartphones is increasing.
|RESTRAINTS||• Semiconductor prices fluctuates creating restraining factor in the market.
• Unfavorable taxation rules on smartphone import and export.
Frequently Asked Questions (FAQ) :
The smart Sensors Market size was valued at 39 billion in 2021 at a CAGR of 17.5%.
IoT-based devices, and consumer electronics are the driving factors of the Smart Sensors Market.
The key players in the Smart Sensors Market are Analog Devices, STMicroelectronics, Microchip Technology, Robert Bosch GmbH, ABB Ltd, Honeywell International Inc., Infineon Technologies, TE Connectivity, NXP Semiconductors, Seimens AG, Eaton Corporation, Legrand Inc and Other.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Smartphone Sensors Market Segmentation, by smartphone type
8.3 Standard Smartphone
8.5 Rugged Smartphone
8.6 Other Wearables
9. Smartphone Sensors Market Segmentation, by manufacturer
9.2 Apple Inc.
9.3 Huawei Technology
9.5 HMD Global
9.6 Samsung Electronics
9.7 Xiaomi Inc.
9.8 Sony Corporation
10. Smartphone Sensors Market Segmentation, by application
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Epson Europe Electronics
12.3 DYNA IMAGE Corporation
12.4 NEXT Biometrics
12.5 Samsung Electronics
12.6 Panasonic Corporation
12.7 Everlight Electronics
12.8 Maxim Integrated
12.9 Omron Corporation
12.10 Sony Corporation
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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