Sensor Usage Statistics By Market Size, Demographics, Age And Usage

Introduction

Sensor Usage Statistics: Internet sensors have made a significant contribution in a wide variety of fields. They have comprehensively transformed businesses and how they engage with customers as per business requirements. High-quality advanced sensors have been developed with state-of-the-art technology to garner various technological information. For the most part, it is essential to understand that the industry involves sensor utilization for different business aspects involved in the growth of this lucrative industry. As we go forward, we will discuss  Sensor Usage Statistics and garner essential insights about this industry.

Editor’s Choice

• The industrial sector made up 30% of the market, with a valuation of USD 61.2 billion.
• By 2032, the pressure sensor market is expected to reach USD 33 billion.
• Healthcare sensors held a 15% share, with a market value of USD 30.6 billion.
• The level sensor market is expected to double from USD 4.3 billion in 2023 to USD 8.6 billion by 2032.
• In 2023, the pressure sensor market was valued at USD 15 billion.

The Market Size Of The Smart Sensor Industry

(Source: scoop.market.us)

• Based on the intelligent usage statistics, the number of businesses using sensors has been increasing significantly.
• In 2022, the sensor market was $45.7 billion.
• By the end of 2032, the market is expected to be $227.6 billion,
• Among the different types of sensors, the pressure sensor is expected to have the largest market share.

Sensor Usage By User Demographics

(Reference: scoop.market.us)

• Based on the sensor usage statistics, men are relatively more acquainted with the sensor-enabled smartwatch.
• Approximately 25% of the respondents agreed to use the smartwatches, compared to 17% of female users.
• This type of information is essential for smartwatch manufacturers to grasp the overall information involving businesses.

Smartwatch Usage By Age

(Reference: scoop.market.us)

• It is interesting to review the sensor usage statistics to understand how different age groups perceive the utilization of intelligent sensors enabled in their watches.
• Users aged 18-49 felt relatively more comfortable using smartwatches, as shown by the fact that 25% of respondents showcased their comfort with using smart devices.
• In contrast, only 18% of users who were 50 and above regularly used smartwatch-based fitness trackers.

Smartwatch Usage By Educational Status

(Reference: scoop.market.us)

• By reviewing sensor usage statistics, viewers can gain valuable insights into how the usage of smart devices that are enabled with sensors increases with the rise in individuals’ educational levels.
• According to the graph, 27% of respondents were college students who used smartwatches.
• 25% of the students who at least graduated from some school to gain studies were comfortable with smartwatches.
• In contrast, 15% of high school students were adequately comfortable with smartwatch and fitness tracker usage.

Smartwatch Users By Income

(Reference: scoop.market.us)

• Sensor usage statistics show that fitness sensors were used more with the rise in income.
• 12% of respondents who had an income of less than $30k regularly used smartwatches.
• As with respondents with relatively higher incomes between $30k and $75k, 20% of respondents used smartwatches and fitness trackers.
• In comparison to other groups, in the income group, which had an income of more than $75k, more than 31% of respondents used fitness trackers.

Smartwatch Usage In Residential Areas

• How well the users are comfortable with the usage of smart watch-enabled sensors is also based on the aspect of their usage in residential areas.
• As per sensor usage statistics, 20% of respondents were from urban areas.
• Accordingly, 24% of the respondents who were comfortable with smartwatch usage were from sub-urban regions.
• Likewise, 18% of the respondents from rural regions usually used smartwatches in their daily activities.

Different Types Of  Sensors

As per sensor usage statistics, different types of sensors have particular usage. Here are the popular sensors as per their categorizations

Acoustic, sound, vibration:

• Hall effect sensor
• Ionization chamber
• Breathalyzer
• Pyranometer
• Air flow meter
• Crankshaft position sensor (CKP)

Automotive:

• Scintillator
• Accelerometer
• Holographic sensor
• Electro-optical sensor
• Doppler radar
• Photodetector

Chemical:

• Capacitive sensing
• Ground speed radar
• Hall probe
• Seismometer
• MHD sensor
• Optical coherence tomography

Electric current, electric potential, magnetic, radio:

• Dew warning
• Fuel level sensor
• Photomultiplier tube
• Rain sensor
• Bolometer
• MEMS magnetic field sensor

Environment, weather, moisture, humidity:

• Air–fuel ratio meter
• Infra-red sensor
• Mass flow sensor
• Smoke detector
• Fish counter
• Microwave radiometer

Flow, fluid velocity:

• Sound locator
• Ionization gauge
• Engine coolant temperature sensor
• Bedwetting alarm
• Snow gauge
• Planar Hall sensor

Ionizing radiation, subatomic particles:

• Thermocouple
• Load cell
• Ultrasonic sensor
• Magnetic anomaly detector
• Electrolyte–insulator–semiconductor sensor
• Rain gauge

Navigation instruments:

• Photodiode
• Energy-dispersive X-ray spectroscopy
• Variable reluctance sensor
• Fine Guidance Sensor
• Leaf sensor
• Inertial reference unit

Position, angle, displacement, distance, speed, acceleration:

• Camshaft position sensor (CMP)
• Phototransistor
• McLeod gauge
• Quartz thermometer
• Ring laser gyroscope
• Ozone monitor

Optical, light, imaging, photon:

• Exhaust gas temperature gauge
• Free fall sensor
• Machmeter
• Linear variable differential transformer (LVDT)
• Magnetic compass
• Shunt resistor

Pressure:

• Variable reluctance sensor
• Attitude indicator
• Hydrogen sulfide sensor
• Flex sensor
• Bubble chamber
• Water-in-fuel sensor

Force, density, level:

• Speed sensor
• Thermometer
• Rain gauge
• SNOTEL
• Leaf sensor
• Thermopile laser sensors

Thermal, heat, temperature:

• Nondispersive infrared sensor
• Radar gun
• Pitometer logs
• Magnetic resonance imaging
• Photoelectric sensor
• Rotary variable differential transformer

Proximity presence:

• Barometer
• Knock sensor
• Stream gauge
• Tactile sensor
• Microphone
• Thermistor

Sensor technology:

• Actinometer
• Photoresistor
• Anemometer
• Blind spot monitor
• Cylindrical Ion Trap
• LIDAR

Speed sensor:

• Tire pressure sensor
• Refractometer
• Capacitive displacement sensor
• LIDAR
• Rain gauge
• Capacitive sensing

Others:

• Oxygen sensor (O2)
• Magnetometer
• Attitude control (spacecraft): Horizon sensor
• pH glass electrode
• Digital sensors
• Radar

(Source: wikipedia.org)

Level Sensor Usages

(Source: gminsights.com)

• As per the sensor usage statistics level, sensors refer to the products and devices that comprise containers and other management systems that feed real-time inventory to management and process control systems.
• As per sensor usage statistics, the market for level sensors is expected to reach $4.3 billion by 2023.
• By the end of 2032, the market will reach $8.6 billion by 2023.
• Between the period (2021 to 2032), this market is expected to have an average growth rate of 7%.

Automotive Sensor Market

(Source: market.us)

• Based on the sensor usage statistics, one can infer that the global automotive market is a prospective market with tremendous growth potential.
• By the end of 2023, the global automotive sensors market was $24 billion.
• By 2032, the automotive sensors market is predicted to reach $55 billion.
• During the period of (2022 – 2032), the market is expected to have a CAGR of 10.1%.

Fingerprint Sensor Market

(Source: marketsandmarkets.com)

• The fingerprint sensor market is growing and is expected to remain a mainstay in the overall sensor market.
• If one refers to the sensor usage statistics, the fingerprint market will be $3.9 billion in 2023.
• By the end of 2029, the fingerprint sensor market is expected to reach $5.9 billion 2029.
• So, between the period (2023 – and 2029), the fingerprint sensor market is expected to have a CAGR of 7.0% globally.

Pressure Sensor

(Source: scoop.market.us)

• Based on sensor usage statistics, the pressure sensor market is among the most formidable.
• In 2022, the pressure sensor market was $15 billion.
• It is predicted that by the end of 2032, the pressure sensor market will be approximately $33 billion, which signifies there will be a CAGR of 8.4% between the period (2022 and 2032)

Magnetic Field Sensor Market

(Source: marketresearchfuture.com)

• The magnetic field sensor market is experiencing rapid growth, with increasing sensor usage statistics reflecting this trend.
• In 2023, the magnetic field sensor market reached a value of $5.94 billion.
• By 2032, it is projected that the market will expand to $10.9 billion, showing a compound annual growth rate (CAGR) of 6.97% from 2024 to 2032.

Magnetic Field Sensor Market Sales Revenue

(Reference: scoop.market.us)

• The sensor usage statistics show that the magnetic field sensor market has generated substantial revenue in recent years.
• In 2021, the magnetic field sensor market had a revenue of $2.7 billion.

Fiber Optic Sensor Market

(Source: marketsandmarkets.com)

• Referring to sensor usage statistics, one may find that sensor usage among different businesses is prominently used.
• In 2023, the fiber optic sensor market was $1.2 billion
• By the end of 2028, the fiber optic market is expected to be $1.9 billion.
• The CAGR levels show revenue growth of 9.4% to $1.9 billion by the end of 2028.

Average Sensor Sale Prices

(Reference: Statista.com)

• As per sensor usage statistics, global sensor prices have been reduced significantly.
• In 2010, the revenue was $0.66 per unit.
• By the end of 2020, the global average price of the average sensor was $0.29 per unit.
• As showcased in the graph, the average sensor prices have significantly reduced, leading to the rise in the popularity of average sensors.

Projected Growth Of IoT Sensors Over The Years

(Reference: Statista.com)

• The sensor usage statistics show that the IOT sensor market has grown significantly.
• In 2022, the pressure sensor market has 36% of revenue.
• Along with it, the other substantial revenue-generating sensors were temperature, light, chemical, and motion sensors, and others whose revenue was forecasted to be 26%, 17%, 11%, and 8% of projected revenue, respectively.

Market Share Of Wearable Sensors

(Reference: scoop.market.us)

• The sensor usage statistics showcase the rise in popularity of wearable sensor-based products.
• The statistics show that Apple, Xiaomi, and Samsung are the market leaders in their respective fields.
• According to sensor usage statistics, Apple is the leader in 146.3 million unit shipments worldwide.
• Among the other leaders in shipments, it is followed by Xiaomi and Samsung, with 43.1 and 34.7 billion shipments.

Wearable Medical Sensors

(Reference: scoop.market.us)

• Medical sensors have a pivotal role in the whole sensor device market.
• As per the sensor usage statistics, wearable medical sensor usage has substantially increased.
• By the end of 2023, the medical sensor market had 130 million shipments worldwide.
• The medical sensor market is predicted to have 160 million shipments by the end of 2024.

(Reference: scoop.market.us)

Wearable Devices Market By Region

• In the connected wearable devices market, North America is the leader, with 439 million devices shipped.
• Asia Pacific, the Middle East, and central/eastern Europe are other regions with substantial shipments in the wearable devices market with 311 million, 192 million, and 68 million

Usage Of Wearable Devices In Clinical Trials

(Reference: scoop.market.us)

• Wearable devices are also used prominently in clinical trials.
• The sensor usage statistics show that in 2021, smart devices were the most sensor-dense device used in clinal trails with 59 sensors.
• It is followed by Wristband, activity tracker, remote monitoring, and wearable devices with 40, 26, 22, and 10 devices.

The Market Value Of Agricultural Sensors

(Reference: Statista.com)

• The sensor usage statistics show the rise in the market value of agricultural sensors in recent years.
• The sensor usage statistics show that crop monitoring has the highest expected revenue, based on $3,020.5 million.
• Other essential sectors include climate monitoring, livestock management, and irrigation management.

Sensor Usage Overview

• In 2023, the global sensor market experienced significant growth, driven by technological advancements and the increasing demand for automation across various industries. The market value reached approximately $204 billion US dollars, representing a 7.3% increase from the previous year. This growth was primarily fueled by adopting sensors in consumer electronics, automotive, and industrial applications.
• The automotive industry, in particular, saw a surge in sensor usage due to the ongoing development of autonomous vehicles and advanced driver-assistance systems (ADAS). In 2023, sensor usage in the automotive sector accounted for 25% of the total market, with a valuation of approximately $51 billion US dollars. This sector’s growth is expected to continue into 2024, with projections indicating a 10% increase in sensor adoption, primarily due to the expanding electric vehicle market.
• Integrating sensors in smartphones, wearables, and smart home devices has become increasingly prevalent in consumer electronics. In 2023, this sector contributed 20% to the overall sensor market, equating to around $40.8 billion US dollars. With the continuous innovation in these devices, sensor usage in consumer electronics is anticipated to grow by 8% in 2024, reaching a market value of approximately $44.1 billion US dollars.
• Sensor applications also substantially grew in 2023, particularly in manufacturing and energy management. The industrial sector’s contribution to the sensor market was around 30%, with a valuation of approximately $61.2 billion US dollars. Integrating sensors into industrial processes for predictive maintenance, automation, and energy efficiency is expected to drive further growth, with a projected 9% increase in 2024, bringing the market value to about $66.8 billion US dollars.
• The healthcare sector also played a significant role in the growth of sensor usage in 2023. With the rising demand for remote patient monitoring and wearable health devices, the healthcare segment accounted for 15% of the sensor market, valued at approximately $30.6 billion US dollars. As the healthcare industry continues to embrace digital transformation, sensor usage in this sector is expected to grow by 12% in 2024, reaching a market value of about $34.3 billion US dollars.

Conclusion

The increased integration of sensors across various industries has played a pivotal role in the success of different businesses. The sensor market as a whole has witnessed significant development in recent years. As shown in the sensor usage statistics, it reached $204 billion in 2023, which is marked by a predicted 7.3% increase on a you basis. This trend of sensor utilization among different businesses is expected to continue.

The industrial sector, comprising 30% of the market, benefited from the adoption of sensors for predictive maintenance and energy efficiency. With a 15% market share, the healthcare sector saw significant demand for remote patient monitoring and wearable health devices.

Aruna Madrekar

Aruna Madrekar is an editor at Smartphone Thoughts, specializing in SEO and content creation. She excels at writing and editing articles that are both helpful and engaging for readers. Aruna is also skilled in creating charts and graphs to make complex information easier to understand. Her contributions help Smartphone Thoughts reach a wide audience, providing valuable insights on smartphone reviews and app-related statistics.

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