1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Smart Sensor Market share to exceed $80bn by 2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Smart Sensor Market size is set to exceed USD 80 billion by 2024; driven by rising security risks leading to high demand for advanced smart sensors. Growing demand for smart electronics & wearable devices in the consumer electronics space is a major factor driving the smart sensor market across the globe. The mounting investments and reductions in development costs for speed & accuracy will be achieved in the coming years through measurement methods with innovative manufacturing technologies, high-tech signal processing methods and high performance. For instance, Notch, a wearable motion tracker app for rebuilding of body and motion structure helps increase performance, enhance movement techniques and reduces injury risks. The app allows movements which are captured by using wireless sensors and are linked to the smartphones.  Technological advancements since the last few years have led to substantial miniaturization in sensors, making them cost-effective, compatible and efficient, which is anticipated to fuel the smart sensor market growth. The growing implementation of MEMS technology has led to extensive usage in several industries such as aviation, automotive, consumer electronics, and healthcare.. Key Insights from Smart Sensor Market:

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  High demand for smart wearable devices and IoT is contributing towards the growth of MEMS technology. The commoditization of the technology is projected to ensure increased usage in other industries such as automotive, industrial, medical, semiconductor and telecommunication. Technological advancements in MEMS technology such as sensor fusion is anticipated to propel the smart sensor market size over the forecast timeframe.  The automotive smart sensor market share is predicted to grow considerably over the next few years. Automatic climate control in vehicles is achieved by using smart sensors which help control the cooling systems and improve passenger comfort. In addition, the products are incorporated within the air- conditioned seats to control humidity and temperature and help reduce the overall energy consumption in the vehicles.  North America dominates the smart sensor market owing to the increasing demand for IoT and smart homes in the U.S. and the presence of major industry players in the region. Continued...

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Smart Sensor Market Share, By Application, 2016

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6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued...  The APAC smart sensor market is primarily driven by India, Japan and China, mainly due to the developing infrastructure and government initiatives to support projects such as smart cities and homes. India serves as the manufacturing base for various consumer electronics and automotive verticals which will further surge the regional industry demand.  Smart sensor market players include ABB Group Ltd., Analog Devices, Inc., Atmel Corporation Eaton Corporation PLC, Emerson Electric Company, General Electric, Honeywell International, Inc., Infineon Technologies AG, InvenSense, Inc., Legrand S.A., NXP Semiconductors N.V., Robert Bosch AG, Sensirion AG, Smart Sensors, Inc. and TE Connectivity Ltd.  Companies in the smart sensor market are entering numerous partnerships and agreements such as plant manufacturing partnerships and sales & supply agreements to provide their consumers in an improved manner. In 2016, Analog Devices Inc., announced that the company has signed an agreement with LifeQ for health management applications to improve efficiency of body monitoring devices.

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Application Trends Residential applications including home security, and energy management is anticipated to grow significantly in the coming years. Smart sensor market use cases include security devices for the purpose of alerting the residents in case of emergencies such as fire or theft. Image sensors are integrated with the doors to keep a check on the visitors entering the house.  Regional Trends APAC smart sensor market size is anticipated to grow significantly due to the growing establishment of manufacturing industries and rapid industrialization. Strong economic development across China, India and Japan is helping to contribute to the global revenue. The consumer inclination towards energy conservation and wireless technology has augmented adoption in the energy management or monitoring devices. The capabilities such as self- diagnosis and self-calibration will also fuel the regional growth.  Competitive Market Share The smart sensor market share is composed of companies such as ABB., Analog Devices, Atmel Corporation, Eaton Corporation, Emerson Electric, General Electric, Honeywell, Infineon Technologies, InvenSense, Legrand S.A., NXP Semiconductors, Robert Bosch, Sensirion, Smart Sensors. and TE Connectivity. 360° Analysis

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