Innovations in Smart Sensors

Consumer Electronics, Home and Building Automation Sectors Drive Growth Opportunities

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A smart sensor comprises a sensing element, an analog to digital converter (ADC), analog interface circuit and bus interface in a single housing. The smart sensors are built with one or numerous smart functionalities such as self-identification, self-testing, self-validation, and self-adaptation. Smart sensors are applicable for sensing temperature, pressure, humidity, image signals, vibration, and other key parameters depending on the nature of application. Smart sensors are attractive due to their ability to provide real-time measurements of complex phenomena and they make decisions on their own leading to diagnosis and corrective measures.
Smart sensors have a very wide range of applications in sectors such as consumer electronics, automotive, aerospace and defence, industrial, healthcare, structural health monitoring and home and building automation.
Key industries impacted:
•     Building Automation: Lighting and access control, monitoring HVAC systems, tracking machine health status, climate control systems, power monitoring, data centre monitoring, and fire safety
•     Industrial Control: Asset management, process control and monitoring, environmental care, energy management, and equipment health monitoring/condition-based monitoring
•     Military and Defence: Border protection, perimeter protection, battlefield information and real-time situational awareness
•     Consumer Electronics: Smart television, smartphones, tablets, laptops, personal computers and peripherals
•     Healthcare: Managing patients’ chronic conditions, smart medical device automation, and early prediction of health problems
•     Structural Health Monitoring: Aerospace structures, composites, geo-technique, mining/oil/gas exploration and production, civil engineering structures, and monuments of cultural heritage
•     Automotive: Parking/reverse assist, night vision, lane departure warning, intelligent adaptive cruise control, and driver fatigue monitoring

Key questions answered in the technology and innovation report.
1.     What is the technology and market dynamics of smart sensors?
2.     What are the key enabling technologies?
3.     What are the factors that influence development and adoption?
4.     Who are the key innovators driving developments?
5.     What are the opportunities based on patent and funding trends?
6.     What is the smart sensor adoption by region (North America, Europe, and Asia-Pacific)?
7.     What are the applications enabled by smart sensors?
8.     What is the impact of applications enabled by smart sensors?
9.     What are some of the key interesting developments?
10.     Where do we see growth opportunities in smart sensor technology?
11.     What is the nature of competition?
12.     What is the impact of megatrends?
13.     What sort of strategies companies need to embrace to remain competitive?
14.     What are key questions for strategy planning?

Table of Contents

1.0 Executive Summary1.1 Research Scope1.2 Key Questions Answered in the Technology and Innovation Report1.3 Research Methodology1.4 Research Methodology 1.5 Key Research Findings1.6 Wide-scale Industry Adoption of Smart Sensor Technology2.0 Technology and Market Status Review2.1 Traditional Challenges – Physical Attacks, Compatibility, Fault Tolerance, and Power Issues2.2 Wireless Sensor Networks, Low-power Embedded Computing Technologies Empowering Smart Sensors2.3 Smart Decision Making and Automatic Self-calibration Fosters Smart Sensors’ Adoption Rate2.4 Smart Sensors – A All-in-One Sensor Package Solution2.5 Why are Smart Sensors are Preferred in the Market?2.6 Nanotechnology, Flexible Electronics, and Wireless Sensor Networks are Key Enabling Technologies Driving Growth of Smart Sensors3.0 Factors Influencing Development and Adoption3.1 Increased Demand for Miniaturized, Smart Functional Devices and Advent of IoT Key Driving Factors for Smart Sensors3.2 Demand for IoT-based Smart Sensors Expected to Increase in the Future3.3 Factors like Miniaturization and Increasing Application Potential are Highly Expected to Influence Increased Adoption of Smart Sensors3.4 High Development Cost, Design Constraints, Regulatory Hurdles, and Lack of Processing Know-how Restrict Wider Adoption3.5 Lack of Know-how Processing and Space Constraints for Specific Applications are Key Challenges Hindering Adoption of Smart Sensors3.6 High Development Cost, Strict Regulations, and Design Constraints are Key Challenges for Market Growth4.0 Global Landscape, Innovation Ecosystem, and Key Industry Initiatives4.1 Global Technology Impact Landscape4.2 Innovation Ecosystem4.3 Key Innovators and Initiatives – ABB, Analog Devices, and Eaton4.4 Key Innovators and Initiatives – NXP, STMicro, Samsung Electronics5.0 Opportunity Analysis With Patent and Funding Scenario5.1 Interest towards Smaller, Lower Power Smart Sensing Devices with Enhanced Communication Capability5.2 Patents Strength is Expected to be High as Top Companies Continue to Strengthen their Intellectual Property Portfolios5.3 Gap Analysis with Funding Trends5.4 Opportunities in Industrial and Healthcare Sectors with High VC Funding6.0 Breadth of Applications and Impact Assessment6.1 Smart Sensors for Healthcare6.2 Application of Smart Sensors in the Healthcare Sector6.3 Wearables will have High Impact on the Healthcare Sector6.4 Smart Sensors for Continuous Glucose Monitoring in the Body 6.5 Smart Sensors for Contactless Biometric Health Monitoring 6.6 Smart Sensors for Building Automation6.7 Cloud-based IoT Smart Sensor for Building Automation6.8 Novel Technology for Detecting Human Presence 6.9 Smart Sensors for Monitoring Building Interiors6.10 Multi-sensing Platform for Building Automation6.11 Smart IoT-based Sensor Solution for Building Automation6.12 Smart Sensors in Structural Health Monitoring6.13 Key Innovation Profiles in Smart Sensors – Structural Health Monitoring6.14 Smart Sensors for Automotive Applications6.15 Key Innovation Profiles in Smart Sensors – Automotive6.16 Smart Sensor for Consumer Electronics6.17 Key Innovation Profiles in Smart Sensors – Consumer Electronics7.0 Strategic Insights and Recommendations7.1 Degree of Competition – Assessment using Porter’s Five Forces7.2 Real-time Health Monitoring and IoT Bolstering Smart Sensor Developments7.3 Growth Opportunity Scenario - Smart Sensors Enhancing Future of Connected Living 7.4 Growth Opportunities – Smart, Safe, and “Always” Connected Living7.5 Key Questions for Strategy Planning8.0 Key Patents and Contacts8.1 Key Patents – Networked Environmental Sensor and Multi-Functional Speed Sensor 8.2 Key Patents – Smart Sensors for Wound Healing Monitoring and Location Tracking Services8.3 Key Patents – Smart Sensor Network for Power Grid Health Monitoring and Line Alarm System8.4 Key Patents – Smart Sensor for Auto-Commissioning and Door Locking8.5 Industry ContactsLegal Disclaimer9.0 The Frost and Sullivan Story9.1 The Frost & Sullivan Story9.2 Value Proposition: Future of Your Company and Career9.3 Global Perspective9.4 Industry Convergence9.5 360º Research Perspective9.6 Implementation Excellence9.7 Our Blue Ocean Strategy




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