PUBLISHER: Orion Market Research | PRODUCT CODE: 1778459
PUBLISHER: Orion Market Research | PRODUCT CODE: 1778459
Global 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 (2025-2035)
Artificial Intelligence (AI) Sensor market was valued at $5.8 billion in 2024 and is projected to reach $270.44 billion by 2035, growing at a CAGR of 41.7% during the forecast period (2025-2035). Market growth is attributed to the increasing demand for smart security, and smart cameras equipped with AI capabilities are growing increasingly popular. In the healthcare market, sensors play a crucial role, where Wearable health technology based on flexible electronics has gained tremendous attention in recent years for monitoring patient health. AI-enabled wearable sensors extract accurate data in real-time and help in monitoring the condition.
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 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, consumer electronics, manufacturing, aerospace, defense, and others.
Among the industry verticals, the automotive sub-segment is expected to hold a considerable share of the global programmatic advertisement market. Segmental growth is due to the increasing adoption of electric vehicles (EVs) worldwide. While there are barometric pressure sensors like KP464 and KP466 available, precise measurements remain a priority in the era of EVs. For this reason, market participants are developing new products to meet demand for barometric air pressure sensors. For example, Infineon Technologies AG in June 2023 provides the KP464 and KP466, which are two new XENSIV barometric air pressure (BAP) sensors targeted particularly towards automotive use. The KP466 BAP sensor is optimized for seat comfort functionality, while the KP464 is mainly for engine control management.
The global AI sensor market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Russia, Germany, France, and the Rest of Europe), Asia-Pacific (India, Australia, Newzealand, ASEAN countries and China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & 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 technologies.
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 instance, 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.
The major companies that are serving the AI sensor market are Siemens AG, Origin Wireless, Inc., Zan Compute, Inc., Siemens AG, SimpliSafe, Inc., Turing Video, Inc., and so on. The market players are significantly contributing to market growth by implementing various strategies such as mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to remain competitive in the market.
Recent Developments
The Report Cover