Zion Market Research Global Sensors Market, 2016–2024 | Page 4

Sensors Market
Global Sensors Market: Regional Analysis
The largest market share in the sensors market used to be held by North American and
European regions owing to reasons such substantial buying power and high standard of living
amongst the population. Countries such as the U.S., Canada, the U.K., and Germany provided a
significant share of the market. However, in the recent times, the market is seen to be
dominated by the Asia-Pacific region. This growth can be attributed to factors such as low
manufacturing cost, availability of manpower at low cost and low shipment cost in Asia Pacific
region. Following this growth, the Latin American and the Middle East and African regions are
also contributing a significant market share.
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Global Sensors Market: Competitive Players
Some of the major companies in the sensors market are Denso, Bosch, OmniVision, Freescale
Semiconductors, Alpha MOS, STMicroelectronics ABB, AMETEK, Alphasense, Draegerwerk, Delphi
Automotive, Figaro Engineering, Emerson Electric, Honeywell International, General Electric,
International Sensor Technology, Industrial Scientific, Samsung, RAE Systems, Smiths Detection
Teledyne Monitor Labs, Siemens, Thermo Fisher Scientific, and Sony.