AI-based Sensors Market Applications, Technology, Types, Recent Trends, Future Growth Analysis Report 2027


The AI-based Sensors Market report also includes an in-depth examination of the market’s key competitors, as well as their development strategies and business expansion plans. The archive, in particular, encourages entrepreneurs to look for information about potential customers and where they can find them. The review, which includes only the best sellers, enables entrepreneurs to learn about their local market and find potential customers.

According to a recent report by Emergen Research, the market for AI-based sensors would be worth USD 152.55 billion by 2027. The use of artificial intelligence in a variety of industries, including entertainment, education, health, transportation, and utilities, is the key factor driving market demand.

End-user industries including manufacturing, consumer electronics, automotive, and transportation have expanded as a result of the global urbanisation and digitalization trends, and they now rely on technology-driven systems to function. Many sectors use AI-based sensors because they can automate operations, maintain product quality, and create products that are more productive.

The growth of the AI-based sensors market is expected to be restrained because of low awareness regarding the use of sensors and stigma against using IoT and Cloud services owing to its vulnerability and possibility of a leak of data. It is anticipated that extensive research and development funded by various companies and governments would help in overcoming this challenge and convert it into an opportunity for the market to thrive upon.

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Global AI-based Sensors Market Highlights:

  • Regional demand estimation and forecast

  • Product Mix Matrix

  • R&D Analysis

  • Cost-Benefit Analysis

  • Pre-commodity pricing volatility

  • Supply chain optimization analysis

  • Technological updates analysis

  • Raw Material Sourcing Strategy

  • Competitive Analysis

  • Mergers & Acquisitions

  • Location Quotients Analysis

  • Carbon Footprint Analysis

  • Patent Analysis

  • Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global AI-based Sensors market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global AI-based Sensors market and pinpoint the fundamental growth trends.  

Key Companies Profiled in the Report are:

Augury Systems, Glassbeam, Siemens Ag, Pointgrab, Maana, Tellmeplus, Sentenai, Versos Systems, Tachyus, United Technology

Key Parameters Analyzed in This Section:

  • Company Profiles

  • Gross Revenue

  • Profit margins

  • Product sales trends

  • Product pricing

  • Industry Analysis

  • Sales & distribution channels

Regional Segmentation:

  • North America

  • Latin America

  • Europe

  • Middle East & Africa

  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution

  • Estimated revenue generation

  • Vital data and information about the consumption rate in all the leading regional segments

  • An expected rise in market share

  • Forecast growth in the overall consumption rate

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Some Key Highlights from the Report

  • The neural network, in the type segment, is forecasted to grow with a significant CAGR of 37.9% during the forecast period. Consistent development in artificial intelligence is increasing the application of neural networks in sensors. It helps in the assistance of fraud detection in the BFSI and e-commerce sectors.

  • Artificial intelligence for the analysis of sensors enables predictions and classifications by using sensor signals as compared to other physics-based models. This latest innovation can be witnessed in the application of medical diagnosis and predictive management.

  • Artificial intelligence, along with machine learning algorithms, is used in different construction workflows such as quality check, scheduling, issue tracking, safety management, resource, and design management. With the infiltration of COVID-19, AI-based sensors demand is growing in these sectors for remote usage.

  • North America held the largest market share of 31.6% in the year 2019, owing to the rapid technological advancements and increasing government investments into the development of artificial intelligence-based sensors. Moreover, the presence of some of the leading players of the market in the region will also drive the growth of the market in the region.

Market Overview:

The report bifurcates the AI-based Sensors market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2017-2027)

    • Case-based reasoning

    • Ambient-intelligence

    • Neural networks

    • Inductive learning

    • Others

  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Biosensor

    • Health Monitoring

    • Maintenance and Inspection

    • Human-computer interaction

    • Others

  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Natural Language Processing

    • Machine Learning

    • Computer Vision

    • Context-aware Computing

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

  • The report elaborates on the global Cobots market size and share governed by the major geographies.

  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

  • It further presents a detailed description of the company profiles of the key market contenders.

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