Artificial Intelligence (AI) Sensor Market
Artificial Intelligence (AI) Sensor Market Size, Share & Trends Analysis Report by Sensor Type (Pressure Sensors, Position Sensors, Temperature Sensors, Optical Sensors, Ultrasonic Sensors, and Others), by Technology (Natural Language Processing (NLP), Machine Learning (ML), Computer Vision, and Context-aware Computing), and by Application (Automotive, Consumer Electronics, Manufacturing, Aerospace & Defense, and Others), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
AI sensor market is anticipated to grow at a CAGR of 41.6% during the forecast period (2023–2030). The market growth is attributed to the increasing demand for smart security, and smart cameras equipped with AI capabilities are becoming increasingly popular. The cameras helps in improving the security solutions along with offering more accurate threat detection and less errors, leading to the development of more effective surveillance system. Consequently, the key market players are focusing on innovating new products to cater to the demand for security cameras. For instance, in March 2023, Ambarella, Inc. launched a 4K, 5nm edge AI SoC for mainstream security cameras with new highs in AI performance per watt, image quality, and sensor fusion. The CV72S has a 6x increase in AI performance over its predecessor, rendering it possible for it to run Ambarella's innovative AISP for 4K, long-range color night vision, and HDR at very low lux levels with minimal noise and no external illumination while maintaining plenty of headroom for additional, concurrent NNs.
Segmental Outlook
The global AI sensor market is segmented by sensor type, technology, and application. Based on type, the market is sub-segmented into pressure sensors, position sensors, temperature sensors, optical sensors, ultrasonic sensors, and others. Based on the technology, the market is sub-segmented into NLP, ML, computer vision, and context-aware computing. Further, based on application, the market is sub-segmented into automotive and consumer electronics. manufacturing, aerospace and defence, and others.
The Pressure Sensors Sub-Segment is Anticipated to Hold a Considerable Share of the Global AI Sensor Market
Among the industry verticals, the automotive sub-segment is expected to hold a considerable share of the global programmatic advertisement market. The segmental growth is attributed to the growing adoption of electric vehicles (EVs) across the globe. Although barometric pressure sensors such as KP464 and KP466 are available, accurate measurements continue to be essential in the age of EVs. Accordingly, market players are coming up with new products to cater to the demand for barometric air pressure sensors. For instance, in June 2023, Infineon Technologies AG offers the KP464 and KP466, two new XENSIV barometric air pressure (BAP) sensors that are aimed especially at automotive applications. The KP466 BAP sensor is designed for seat comfort functions, whereas the KP464 is primarily intended for engine control management.
Regional Outlook
The global AI sensor market is further segmented based on geography, including North America (the US and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and the Rest of Asia), and the Rest of the World (the Middle East and Africa, and Latin America). Among these, the European regional market is anticipated to hold a prominent share of the market across the globe, owing to the early adoption of various advanced AI and IoT technology.
Global Artificial Intelligence (AI) Sensor Market Growth by Region 2023-2030
The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global AI Sensor Market
The Asia-Pacific region is poised for substantial growth with a noteworthy CAGR during the forecast period. Pivotal players in this region, including Holistic AI Ltd., MEMSIC Group, and Elliptic Labs, are at the forefront of AI sensor manufacturing. Their continuous stream of product launches serves as a driving force for market expansion. For example, Elliptic Labs' July 2023 introduction of the AI Virtual Proximity Sensor INNER BEAUTY in the HONOR X50 smartphone is a significant stride. This launch, tailored for the Chinese market, is propelled by Qualcomm's Snapdragon 6 Gen 1 chipset, further accentuating innovation in the region.
Market Players Outlook
The major companies serving the AI sensor market include HOKURIKU ELECTRIC INDUSTRY CO., LTD., Holistic AI Ltd., MEMSIC Group, Movella Inc., Oracle Corp., and others. The market players are considerably contributing to market growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2022, ST launched LSM6DSV16X, a flagship 6-axis inertial measurement unit (IMU) with embedded artificial intelligence (AI), adaptive self-configuration (ASC), and sensor fusion low power (SFLP) technology from ST for increased power optimization.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global AI sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. ACI Worldwide, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. BAE Systems, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Goertek Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Artificial Intelligence (AI) Sensor Market by Sensor Type
4.1.1. Pressure Sensors
4.1.2. Position Sensors
4.1.3. Temperature Sensors
4.1.4. Optical Sensors
4.1.5. Ultrasonic Sensors
4.1.6. Others (Motion Sensors, and Navigation Sensors)
4.2. Global Artificial Intelligence (AI) Sensor Market by Technology
4.2.1. Natural Language Processing (NLP)
4.2.2. Machine Learning (ML)
4.2.3. Computer Vision
4.2.4. Context-Aware Computing
4.3. Global Artificial Intelligence (AI) Sensor Market by Application
4.3.1. Automotive
4.3.2. Consumer Electronics
4.3.3. Manufacturing
4.3.4. Aerospace and Defense
4.3.5. Others (Robotics, Smart Home Automation, Agriculture)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. HOKURIKU ELECTRIC INDUSTRY CO., LTD.
6.2. Holistic AI Ltd.
6.3. MEMSIC Group
6.4. Movella Inc.
6.5. Oracle Corp.
6.6. Robert Bosch GmbH,
6.7. Sensata Technologies, Inc.
6.8. Sensirion AG.
6.9. Teledyne Technologies Inc
6.10. Silicon Sensing Systems Ltd.
6.11. Sony Research Inc.
6.12. SAS Institute Inc.
1. GLOBAL AI SENSOR MARKET RESEARCH AND ANALYSIS BY SENSOR TYPE, 2022-2030 ($ MILLION)
2. GLOBAL PRESSURE AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
3. GLOBAL POSITION AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL TEMPERATURE AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL OPTICAL AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL ULTRASONIC AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL OTHERS AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL AI SENSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
9. GLOBAL NLP-BASED AI SENSOR MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
10. GLOBAL ML-BASED AI SENSOR MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
11. GLOBAL COMPUTER VISION -BASED AI SENSOR MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
12. GLOBAL CONTEXT-AWARE COMPUTING-BASED AI SENSOR MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
13. GLOBAL AI SENSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
14. GLOBAL AI SENSOR IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
15. GLOBAL AI SENSOR IN CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
16. GLOBAL AI SENSOR IN MANUFACTURING MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
17. GLOBAL AI SENSOR IN AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
18. GLOBAL AI SENSOR IN OTHERS APPLICATIONS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
19. GLOBAL AI SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. NORTH AMERICAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. NORTH AMERICAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY SENSOR TYPE, 2022-2030 ($ MILLION)
22. NORTH AMERICAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
23. NORTH AMERICAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
24. EUROPEAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
25. EUROPEAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY SENSOR TYPE, 2022-2030 ($ MILLION)
26. EUROPEAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
27. EUROPEAN AI SENSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
28. ASIA- PACIFIC AI SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
29. ASIA- PACIFIC AI SENSOR MARKET RESEARCH AND ANALYSIS BY SENSOR TYPE , 2022-2030 ($ MILLION)
30. ASIA- PACIFIC AI SENSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
31. ASIA- PACIFIC AI SENSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
32. REST OF THE WORLD AI SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
33. REST OF THE WORLD AI SENSOR MARKET RESEARCH AND ANALYSIS BY SENSOR TYPE, 2022-2030 ($ MILLION)
34. REST OF THE WORLD AI SENSOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
35. REST OF THE WORLD AI SENSOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL AI SENSOR MARKET SHARE BY SENSOR TYPE, 2022 VS 2030 (%)
2. GLOBAL PRESSURE AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL POSITION AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL OPTICAL AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL ULTRASONIC AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL OTHERS AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL AI SENSOR MARKET SHARE BY TECHNOLOGY, 2022 VS 2030 (%)
8. GLOBAL NLP-BASED AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL ML-BASED AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL COMPUTER VISION -BASED AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL CONTEXT-AWARE COMPUTING -BASED AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL AI SENSOR MARKET SHARE ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
13. GLOBAL AI SENSOR IN AUTOMOTIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL AI SENSOR IN CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL AI SENSOR IN MANUFACTURING MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL AI SENSOR IN AEROSPACE AND DEFENSE MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL AI SENSOR IN OTHER APPLICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL AI SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. US AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
20. CANADA AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
21. UK AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
22. FRANCE AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
23. GERMANY AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
24. ITALY AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
25. SPAIN AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
26. REST OF EUROPE AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
27. INDIA AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
28. CHINA AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
29. JAPAN AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
30. SOUTH KOREA AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
31. REST OF ASIA-PACIFIC AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
32. REST OF THE WORLD AI SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
