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Smartphone Sensors Market

Smartphone Sensors Market Size, Share & Segment By Smartphone Type (Standard Smartphone, Smartwatches, Rugged Smartphone, Other Wearables) By Manufacturer (Apple Inc., Huawei Technology, Oppo, HMD Global, Samsung Electronics, Xiaomi Inc., Sony Corporation, Others) By Application (High-End, Mid-Level, Low-End), By Regions, And Global Forecast 2022-2028

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 Market Segment Graph

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.

MARKET DYNAMICS:

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.

OPPORTUNITIES:

  • creation of new smartphone applications.

CHALLENGES: 

  • 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.

COMPETITIVE LANDSCAPE:

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.

MARKET SEGMENTS:

BY SMARTPHONE TYPE

  • Standard Smartphone

  • Smartwatches

  • Rugged Smartphone

  • Other Wearables

BY APPLICATION

  • High-End

  • Mid-Level

  • Low-End

Smartphone Sensors Market Segment Pie Chart

REGIONAL ANALYSIS:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Smartphone Sensors Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 94 Billion
Market Size by 2028 US$ 297 Billion
CAGR CAGR of 17.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1Introduction

8.3 Standard Smartphone

8.4 Smartwatches

8.5 Rugged Smartphone

8.6 Other Wearables

 

9. Smartphone Sensors Market Segmentation, by manufacturer

9.1Introduction

9.2 Apple Inc.

9.3 Huawei Technology

9.4 Oppo

9.5 HMD Global

9.6 Samsung Electronics

9.7 Xiaomi Inc.

9.8 Sony Corporation

9.9 Others

 

10. Smartphone Sensors Market Segmentation, by application

10.1 Introduction

10.2 High-End

10.3 Mid-Level

10.4 Low-End

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 STMicroelectronics

12.1.1 Financial

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.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

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