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Europe Artificial Intelligence (AI) Sensor Market Size, Share & Industry Trends Analysis Report By Type (Optical, Motion, Position, Pressure, Navigation, Temperature, Ultrasonic), By Technology, By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 157 Pages
  • July 2023
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5869058
The Europe Artificial Intelligence (AI) Sensor Market should witness market growth of 38.4% CAGR during the forecast period (2023-2030).

Most developments have been recorded by AI-based sensors, notably in the human-machine interface. The need for AI-based sensors is rising due to the benefits of AI becoming more prevalent. The expansion of artificial intelligence applications also increases demand for AI sensors products. The automobile industry is predicted to have a significant demand for AI-based sensors.

The key drivers for the growth of the automotive artificial intelligence-based sensors are the rising demand for convenience features that improve the customer experience, the advancement of autonomous vehicle technology, growing privacy & security concerns, and the rising demand for enhanced vehicle segments.

Government initiatives, funding programs, and partnerships are critical in determining how AI sensors are used and adapted. For instance, the European Union has allotted a lot of money for AI-related projects like AI sensors. The EU's research and innovation financing program Horizon 2020, which lasted from 2014 to 2020, allocated almost €80 billion to initiatives, including AI technologies. The European Commission has also started the Digital Europe Program, which aims to invest in crucial digital technologies like cybersecurity, supercomputing, artificial intelligence, and advanced digital skills.

The development of smart cities will receive an additional EUR 500 million from Germany. Germany is spending a total of EUR 1,250 billion to promote creating and applying urban technologies. Over the course of centuries, urban areas in Germany and Europe have grown. The relevance of strategic urban development using digital technologies is widely acknowledged, given that 77 percent of Germans reside in cities and towns. Modern urban living is being disrupted by technology, which has the potential to raise living standards. With all this, the adoption of AI sensors would also surge in areas amid smart city concepts. As a result of the expansion of smart city projects and the urbanization in this region, the market will expand in the upcoming years.

The Germany market dominated the Europe Artificial Intelligence (AI) Sensor Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,525.5 million by 2030. The UK market is exhibiting a CAGR of 37.3% during (2023-2030). Additionally, The France market would experience a CAGR of 39.5% during (2023-2030).

Based on Type, the market is segmented into Optical, Motion, Position, Pressure, Navigation, Temperature, Ultrasonic, and Others. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Computer Vision, and Context-aware Computing. Based on Application, the market is segmented into Smart Home Automation, Healthcare, Automotive, Manufacturing, Robotics, Aerospace & Defense, Consumer Electronic, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Sensata Technologies Holdings PLC, Sony Corporation, Baidu, Inc., BAE Systems PLC, Oracle Corporation, RELX PLC (LexisNexis Risk Solutions, Inc.), Sensirion AG, ACI Worldwide, Inc. and SAS Institute, Inc.

Scope of the Study

By Type

  • Optical
  • Motion
  • Position
  • Pressure
  • Navigation
  • Temperature
  • Ultrasonic
  • Others

By Technology

  • Machine Learning
  • Natural Language Processing
  • Computer Vision
  • Context-aware Computing

By Application

  • Smart Home Automation
  • Healthcare
  • Automotive
  • Manufacturing
  • Robotics, Aerospace & Defense
  • Consumer Electronic
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Robert Bosch GmbH
  • Sensata Technologies Holdings PLC
  • Sony Corporation
  • Baidu, Inc.
  • BAE Systems PLC
  • Oracle Corporation
  • RELX PLC (LexisNexis Risk Solutions, Inc.)
  • Sensirion AG
  • ACI Worldwide, Inc.
  • SAS Institute, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Artificial Intelligence (AI) Sensor Market, by Type
1.4.2 Europe Artificial Intelligence (AI) Sensor Market, by Technology
1.4.3 Europe Artificial Intelligence (AI) Sensor Market, by Application
1.4.4 Europe Artificial Intelligence (AI) Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jul - 2023, Apr) Leading Players
4.4.3 Key Strategic Move: (Product Launches and Product Expansions: 2019, Dec - 2023, Mar) Leading Players
4.5 Porter’s Five Force Analysis
Chapter 5. Europe Artificial Intelligence (AI) Sensor Market by Type
5.1 Europe Optical Market by Country
5.2 Europe Motion Market by Country
5.3 Europe Position Market by Country
5.4 Europe Pressure Market by Country
5.5 Europe Navigation Market by Country
5.6 Europe Temperature Market by Country
5.7 Europe Ultrasonic Market by Country
5.8 Europe Others Market by Country
Chapter 6. Europe Artificial Intelligence (AI) Sensor Market by Technology
6.1 Europe Machine Learning Market by Country
6.2 Europe Natural Language Processing Market by Country
6.3 Europe Computer Vision Market by Country
6.4 Europe Context-aware Computing Market by Country
Chapter 7. Europe Artificial Intelligence (AI) Sensor Market by Application
7.1 Europe Smart Home Automation Market by Country
7.2 Europe Healthcare Market by Country
7.3 Europe Automotive Market by Country
7.4 Europe Manufacturing Market by Country
7.5 Europe Robotics, Aerospace & Defense Market by Country
7.6 Europe Consumer Electronic Market by Country
7.7 Europe Others Market by Country
Chapter 8. Europe Artificial Intelligence (AI) Sensor Market by Country
8.1 Germany Artificial Intelligence (AI) Sensor Market
8.1.1 Germany Artificial Intelligence (AI) Sensor Market by Type
8.1.2 Germany Artificial Intelligence (AI) Sensor Market by Technology
8.1.3 Germany Artificial Intelligence (AI) Sensor Market by Application
8.2 UK Artificial Intelligence (AI) Sensor Market
8.2.1 UK Artificial Intelligence (AI) Sensor Market by Type
8.2.2 UK Artificial Intelligence (AI) Sensor Market by Technology
8.2.3 UK Artificial Intelligence (AI) Sensor Market by Application
8.3 France Artificial Intelligence (AI) Sensor Market
8.3.1 France Artificial Intelligence (AI) Sensor Market by Type
8.3.2 France Artificial Intelligence (AI) Sensor Market by Technology
8.3.3 France Artificial Intelligence (AI) Sensor Market by Application
8.4 Russia Artificial Intelligence (AI) Sensor Market
8.4.1 Russia Artificial Intelligence (AI) Sensor Market by Type
8.4.2 Russia Artificial Intelligence (AI) Sensor Market by Technology
8.4.3 Russia Artificial Intelligence (AI) Sensor Market by Application
8.5 Spain Artificial Intelligence (AI) Sensor Market
8.5.1 Spain Artificial Intelligence (AI) Sensor Market by Type
8.5.2 Spain Artificial Intelligence (AI) Sensor Market by Technology
8.5.3 Spain Artificial Intelligence (AI) Sensor Market by Application
8.6 Italy Artificial Intelligence (AI) Sensor Market
8.6.1 Italy Artificial Intelligence (AI) Sensor Market by Type
8.6.2 Italy Artificial Intelligence (AI) Sensor Market by Technology
8.6.3 Italy Artificial Intelligence (AI) Sensor Market by Application
8.7 Rest of Europe Artificial Intelligence (AI) Sensor Market
8.7.1 Rest of Europe Artificial Intelligence (AI) Sensor Market by Type
8.7.2 Rest of Europe Artificial Intelligence (AI) Sensor Market by Technology
8.7.3 Rest of Europe Artificial Intelligence (AI) Sensor Market by Application
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Partnerships, Collaborations, and Agreements:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Sensata Technologies Holdings PLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Sony Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Baidu, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 BAE Systems PLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 RELX PLC (LexisNexis Risk Solutions, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Acquisition and Mergers:
9.7.5 SWOT Analysis
9.8 Sensirion AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 ACI Worldwide, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. SAS Institute, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.3 SWOT Analysis
Chapter 10. Winning Imperatives for Artificial Intelligence (AI) sensor market in Europe

Companies Mentioned

  • Robert Bosch GmbH
  • Sensata Technologies Holdings PLC
  • Sony Corporation
  • Baidu, Inc.
  • BAE Systems PLC
  • Oracle Corporation
  • RELX PLC (LexisNexis Risk Solutions, Inc.)
  • Sensirion AG
  • ACI Worldwide, Inc.
  • SAS Institute, Inc.

Methodology

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