Sensor technology is bringing new capabilities to smart devices and systems. From medical products to fight pandemics to sensing devices to energize the Internet of Things, there are many innovative applications using sensors across industries.

Over the past five years, the sensor market has expanded exponentially as the connectivity trend increasingly affects the design of new smart products in almost every market segment. Today's sensors are more powerful and accessible to product designers. Sensor technologies are also rapidly declining in size, weight, and price, while sensors are becoming easier to package across devices and their range of capabilities is expanding, making sensors an important part of advanced interconnected systems and a key driver of innovation.

Over the past five years, the sensor market has expanded exponentially as the connectivity trend increasingly affects the design of new smart products in almost every market segment. Today's sensors are more powerful and accessible to product designers. Sensor technologies are also rapidly declining in size, weight, and price, while sensors are becoming easier to package across devices and their range of capabilities is expanding, making sensors an important part of advanced interconnected systems and a key driver of innovation.

In an increasingly automated, electrified, interconnected world, these sensor devices have become the key connectivity technology.

"Sensor technology will help us achieve our environmental goals around cleaner energy and lower carbon, including the electrification of vehicles; Serving autonomous vehicles and smart city infrastructure; To collect the big data needed for management, control and security; Is widely used in the medical market, and so on.

Most sensor manufacturers start out by focusing on a specific end market and entering the market with a specific type of sensor. But with the development, many manufacturers have adopted the method of expanding the product category, trying to solve a wide range of applications through a wide product supply.

Most large component manufacturers with a range of connectivity, passive, and semiconductor products are actively developing or acquiring specialized sensor technologies and companies. Over the past 10 years, manufacturers have focused on increasing specialization in technology to broaden their existing sensor portfolio or to add some specialized products for specific end markets.