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Top 7 sensor technology companies in the global market

Issuing time:2023-03-24 15:49

       Since the past few years, the use of sensor technology has impacted our lives and the way major companies and organizations operate; the advent of the Internet of Things (IoT) has also changed things, including better connectivity, automation, and analysis of workflows and business processes in industry.   

       Smart sensors are now bringing benefits to businesses in different ways. First, they bring more visibility to existing workflows and operations, identifying things and locating them, and determining their environmental conditions. For example, industrial IoT environments use the IoT's ability to track temperature and humidity, trigger alarms in warehouses or factories, and also record data for historical records and quality management.   

       From a medical perspective, we have entered an era of a "digital health revolution", a unique convergence of medicine and technology, and sensors are paving the way. Currently, several healthcare organizations are using passive sensors to accurately monitor each patient's vital signs, store data, and share it wirelessly with physicians. In addition, many sensor technologies are in the works to make it easier for health professionals and patients to diagnose cancer types, subcutaneous problems, and even kidney enlargement.   Because these applications will drive sensor technology, Straits Research has listed the top 7 manufacturers in the global sensor technology market to guide organizational leaders in harnessing the power of technology to better address business challenges, optimize workflow and improve efficiency.

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1. STMicroelectronic   

       STMicroelectronics is a European electronics and semiconductor manufacturer offering key solutions for smart driving, smart home, smart city and smart industrial applications. The company offers a wide range of MEMS and sensor solutions, including low-power devices for IoT and battery-operated applications, Industry 4.0, AR/VR components, and smartphones.   The company's revenue for fiscal 2019 is $9.56 billion.In February 2020, the company announced a partnership with TSMC to advance the development of gallium nitride (GaN) process technology and supply GaN devices to the market.In December 2016, STMicroelectronics partnered with Valencell, a leader in performance biometric data sensor technology, to build robust biometric sensors for wearable devices and the Internet of Things to build a robust biometric sensor platform.  

2、NXP Semiconductors   

       NXP Semiconductors is a US-Dutch semiconductor manufacturer that designs and manufactures software and semiconductors for mobile applications, automotive infotainment, consumer electronics, networking, wireless infrastructure, identification, lighting and security applications. The company's product portfolio includes motion sensors, capacitive sensors, pressure sensors, touch sensors, and magnetic sensors. The company achieved revenues of $8.88 billion in fiscal 2019.   

       In January 2019, the company partnered with Momenta, a leader in autonomous driving software solutions, to develop an automotive-grade driver monitoring solution (DMS). The partnership between the two companies aims to enable automakers to deploy DMS applications into large-scale vehicle production.In May 2018, NXP Semiconductors signed an agreement with Tata Consultancy Services (TCS) to build applications in the automotive, safety and IoT verticals, and and solve problems in the high-tech sector.   

3、Analog Devices (U.S.)   

       The name Analog Devices (Analog Devices) needs no introduction in the sensor market, which is one of the most favorite names for sensors.   

       Analog's MEMS accelerometer and gyroscope solutions provide designers with discrete components and iSensor?MEMS subsystems. Its iSensor MEMS IMUs are highly integrated multi-axis solutions combined with pressure sensors, accelerometers, gyroscopes, magnetometers, and new technologies for high-freedom applications in dynamic conditions.   In March 2017, Analog Devices, Inc. announced the acquisition of Linear Technology Corporation,to complement its analog and sensors business for a staggering $14.8 billion.In 2019, the company achieved sales of nearly $6 billion.   

4、ams AG (Austria)   

        Headquartered in Austria, ams AG, formerly Austramicrosystems AG, is a world leader in the design and manufacture of advanced sensor solutions and services. The company formed a joint venture with Sunny Optotech to design and market 3D sensing camera solutions for automotive and mobile applications.   

       In fiscal 2019, the company achieved revenues of $2.085 billion.In June 2019, the company partnered with Chinese artificial intelligence provider Megvii to develop and market a complete plug-and-play 3D face recognition solution.In January 2020, ams AG completed the acquisition of German manufacturer Osram Licht AG, enabling the company to build new sensor solutions and accelerate growth plans.   

5、Honeywell International   

        Honeywell International is one of the world's leading sensor technology companies, providing IoT-based sensors and related solutions. The company's portfolio includes more than 50,000 products, ranging from a variety of switches to position, speed and airflow sensors. in 2018, the company achieved revenues of nearly $41.80 billion, up 3.13% from the previous year. in July 2016, Honeywell acquired Intelligrated for a staggering $1.5 billion in cash, enhancing its sensor product offerings.   


        Sensirion is a Swiss leader in the design, manufacture and marketing of high-performance digital microsensors and systems. The company's product portfolio includes gas and liquid flow sensors, carbon dioxide sensors, environmental sensors for measuring humidity and temperature, and particulate matter (PM2.5) sensors, among others.Sesirion's proven CMOSens?technology allows customers to generate high-speed, high-precision sensor signals.In 2019, the company achieved revenues of nearly $177.75 million, of which the automotive business accounted for 30%.   

        In September 2017, Sensirion AG acquired the automotive division of automotive sensor module supplier Auto Industrial Co. The acquisition will help Sensirion strengthen its OEM automotive sensor module business.   

7、Knowles Electronics   

        Knowles Electronics is one of the world's leading manufacturers of advanced micro-acoustic and human-machine interface solutions for the consumer electronics, mobile communications, medical technology, military, aerospace and other industrial end markets. The company was acquired by Dover Electronics in 2005, which allowed Knowles Electronics to find new opportunities to apply its technology to other markets. The company reported revenues of $826.9 million in fiscal 2018.   

        In December 2019, Knowles Electronics acquired the MEMS microphone ASIC design business from ams AG, strengthening the company's leading position in the MEMS microphone market.

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