A sensor is a device which is used to convert a non-electrical chemical or physical quantity, such as temperature, acceleration, pressure or gas concentration into an electrical signal. Sensors are an essential element in many measurement, process, and control systems, with countless applications in the aerospace, biomedical, automotive, environmental, telecommunication, agriculture and other verticals. Microsensors are very small sensor with physical dimensions in the submicrometer to millimeter range.
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With the development of microsensor technology the semiconductor market is getting revolutionized. The reduction in the size of a sensor can lead to increased applicability through lower weight and cost manufacture and improved marketability, hence the importance of the microsensor are being increased. Microsensors are integrated with the devices for their better functional improvement. These superior sensors can be employed in a wide range of measuring instruments that have a variety of uses. For instance, it can be used in cars, consumer electronics, space and the nuclear industry devoted primarily to the uses of microsensors. The adoption rate of microsensors are increasing rapidly owing to their driven factors such as less power consumption, small size etc. Microsensors are being used in different application areas for detecting changes in the environment and produce the output signal. The factor that contributes to the growth of microsensor market are their beneficial features like wider applicability to sensor arrays lower weight (greater portability), lower manufacturing cost (less materials, mass-production), wider exploitation of IC technology (integration).
The integration of microsensors with wearable devices are getting popular for several options which includes counting heartbeat, blood pressure etc. attributes to the growth of microsensors market in the upcoming years. There is the high deployment of microsensors in the medical and chemical industries owing to the requirement of high accuracy. Whereas there are some restraining factor also available in the market e.g. microsensors are not compatible with all circuits, packaging of microsensors is a problem and other device deficiencies such as offsets and non-linearity.
The increasing adoption rate of nanosensors in security applications, healthcare, sensor fusion, next generation MEMS sensors and biochip array technology are some of the key trends in the global microsensor market.
The global Microsensor market can be segmented into the type of input signal, type of microsensor, end use application and region. Input signal diversification is as follows: biological, thermal radiation, magnetic, chemical and mechanical chemical signals. Based on the types of microsensors availability, the market is segregated into biochips, micro-electro-mechanical systems, and nanosensors. On the basis of different end user verticals, the market is segmented into automotive, consumer electronics, medical, chemical, food, and others simulating to the demands for different types of microsensors in these application sectors. The geographical diversification of the global Microsensors market includes North America, Europe, Asia Pacific, Middle East and Africa and South America. North America continues to dominate the global microsensor market owing to growth in consumer electronics, healthcare and automotive sectors in the region. Western Europe is also expected to manage a decent growth rate in upcoming years, as the government is planning to invest in upcoming microsensor technologies. Latin America and Middle East and Africa are anticipated to witness a slower growth than other regions. Asia-Pacific, particularly countries such as Japan and China, are also contributing a major share in the growth of global microsensor market, standing second only to the Americas in terms of revenue share in the global microsensor market.
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Some of the significant players involved in microsensors market are Texas Instruments Incorporated, KIONIX, Inc, Knowles Electronics, LLC, OMRON Corporation, STMicroelectronics, UNISENSE A/S, Robert Bosch GmbH, NXP Semiconductors, and Goertek.
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