Sensors and AI: Elevating Automation Bolstering the Market Growth

Published: Aug 2023

The global AI Sensor market is anticipated to grow at a CAGR of 41.6% during the forecast period (2023–2030). A sensor is a machine that recognises and responds to an incoming signal. AI robots leverage an array of sensors, enabling size measurement, object recognition, and distance assessment. Furthermore, radio-frequency identification (RFID) technology provides a wireless means of sensing with the capacity to transmit identification codes and other data. The growth of the market is attributed to the advancement of AI technology. As AI technology develops, it becomes possible to employ more complex algorithms on sensors. It enables the sensors to rapidly analyse complex data and offer insights. Accordingly, market players are coming up with new products to cater to the demand for AI Virtual Human Presence sensors. 

Browse the full report description of “Artificial Intelligence (AI) Sensor Market Size, Share & Trends Analysis Report by Sensor Type (Pressure Sensors, Position Sensors, Temperature Sensors, Optical Sensors, Ultrasonic Sensors, and Others), by Technology (Natural Language Processing (NLP), Machine Learning (ML), Computer Vision, and Context-aware Computing), and by Application (Automotive, Consumer Electronics, Manufacturing, Aerospace & Defense, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/ai-sensor-market

For instance, in February 2023, Elliptic Labs launched the AI Virtual Human Presence Sensor, that is a software-only component found in several Lenovo ThinkPad X and T Series laptops. The Lenovo ThinkPad T14, T14s, and T16 Gen 4, in addition to the ThinkPad X13 Gen 4 and ThinkPad X13 Yoga Gen 4, are all included in this launch. In order to construct AI Virtual Smart Sensors that enable high-performing frictionless user experiences at scale, Elliptic Labs' AI Virtual Smart Sensor PlatformTM uses ultrasound, tiny footprint machine learning networks, and sensor fusion.

Moreover, a significant step was achieved in July 2022 when Elliptic Labs forged agreements with three major laptop and PC manufacturers for their AI Virtual Position Sensor. This technology intuitively gauges the relative position of an external display concerning a laptop.

In summary, sensors coupled with AI catalyze automation advancement, evident in novel product launches such as Elliptic Labs' AI-driven sensors, amplifying efficiency and user experience.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Sensor Type

o By Technology

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes include HOKURIKU ELECTRIC INDUSTRY CO., LTD., Holistic AI Ltd., MEMSIC Group, Movella Inc., Oracle Corp., and others. 

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global AI Sensor Market Report Segment

By Sensor Type

  • Pressure Sensors
  • Position Sensors
  • Temperature Sensors
  • Optical Sensors
  • Ultrasonic Sensors
  • Others (Motion Sensors, and Navigation Sensors)

By Technology

  • Natural Language Processing (NLP)
  • Machine Learning (ML)
  • Computer Vision
  • Context-aware Computing

By Application

  • Automotive
  • Consumer Electronics
  • Manufacturing
  • Aerospace & Defense
  • others (Robotics, Smart Home Automation, Agriculture)

Global AI Sensor Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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