Virtual Sensors Market; by End-User (Oil and Gas, Manufacturing and Utilities, Electrical, Electronics and Consumer Goods, Healthcare, Chemical, Automotive and Transportation, Others ); By Region (U.S., Rest of North America, UK, France, Germany, Italy, Spain, Rest of Europe, China, Japan, India, South Korea, Singapore, Philippines, Indonesia, Thailand, Malaysia, Vietnam, Rest of Southeast Asia, Brazil, Rest of Latin America, GCC countries, Southern Africa, Rest of Middle East & Africa) — Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2019–2027
Industry Trends
Virtual sensors are the software sensors that are involved in providing indirect measurements of the abstract conditions by providing a combination of the sensed data from a group of heterogeneous physical sensors. It is classified on four different parameters which include input data types, aggregators, resulting in data type, and aggregation frequency. The virtual sensors are used for the determination of a safe working load in the crane and enable proper calculation so that crane should not exceed the safe working load. The virtual sensor is also involved in solving two different types of queries such as one-time queries and persistent queries. One-time queries provide a single result from the virtual sensors, whereas persistent queries provide the periodic results from the virtual sensors. Growing adoption of virtual sensors in solving queries is expected to support the virtual sensors market growth.
Virtual sensor is a kind of software that provides accessible information and processes using mathematical models. The technology which is involved in the virtual sensors are the machine learning techniques, data mining methods, and stochastic simulations, the technologies increase the functionality by providing the necessary data for the effective identification of problems. The most important feature of virtual sensors is the prediction of the unforeseen circumstances. For instance, virtual sensors include estimation or prediction of collision probabilities, criticalities risks, and situation dangers in the safety associated with vehicle systems. Additionally, the virtual sensors also help in estimation or prediction congestion and risks in the traffic that depends on the boundary conditions. The virtual sensors have the ability to estimate the damage or the failure probabilities which helps in proper maintenance. The characteristics of the virtual sensors, such as platform independence and quick portability, extensibility, and high modularity are the prominent factors which are leading to the high adoption of virtual sensors in manufacturing and utilities, electronics and consumer goods, and automotive and transportation sectors. Additionally, the are also involved in solving the real-world problems that are not possible with physical sensors as they are too slow to respond. Thus, the adoption of virtual sensors in various industrial sectors is likely to assist in the virtual sensors market growth during the forecast period.
The integration of Internet of things (IoT) with virtual sensors is a trend in the global virtual sensor market. The IoT is system of interconnected devices, which enables the transfer of data without requiring human-to-human or human-to-computer interaction. For instance, a geolocation service which is a virtual sensor is integrated with IoT which leads the development of IoT-based geolocation. It reduces the need of deploying geolocation functionalities for each of the cases by reducing overall cost and increasing the potential economy on a large scale. Additionally, an IoT-enabled geolocation facilitates the maintenance of large industrial site as it provides a platform which combines the maintenance sensor with position sensor. Additionally, the emerging data analytics tools such a big data and deep learning technologies transforms the data which is collected by IoT infrastructure into a high-level knowledge which is crucial for the organizations. Thus, the integration of analytical tools provides a new opportunity for the development of IoT-based geolocation cases, thereby facilitating the virtual sensors market growth.
In terms of revenue, the global virtual sensors market was estimated to be US$ 177.13 Mn in 2018 and is expected to reach US$ 1,925.84 Mn by 2027 growing at a CAGR of 30.6% over the forecast period. The study analyzes the market in terms of revenue across all the major regions, which is further bifurcated into countries.
Global Virtual Sensors Market Revenue & Forecast, (US$ Million), 2015–2027
End Use Outlook:
The manufacturing and utilities segment is expected to hold the largest market share during the forecast period. The ongoing trend of industrial revolution 4.0 coupled with the high adoption of sensors-based equipment in order to detect the collision, is a factor contributing to the virtual sensors market growth. Additionally, increasing adoption of robots in the manufacturing sector which are equipped with advanced sensors in order to enhance operational efficiency. Thus, the adoption of robotics is anticipated to have a positive impact on the growth of the virtual sensors market. On the other hand, the electrical, electronics and consumer goods segment is anticipated to witness the highest market growth during the forecast period. The growing prevalence smart and connected electronic products which are equipped with advanced sensor technology is a factor contributing towards the growth of this segment.
Regional Outlook:
On the basis of region, North America is expected to hold the largest market during the forecast period. The dominance of this region is attributed to the growing expansion of the healthcare sector coupled with the presence of a highly developed industrial sector in the region. Asia Pacific is expected to witness the highest CAGR during the forecast period. The increasing expansion of various industrial sectors in the region especially the electrical and electronics sector is contributing towards the growth of the segment. Additionally, countries such as China and India are creating opportunities to the market players to expand their business operations in the region. Europe is expected to witness a high growth rate during the forecast period. The presence of key manufacturers in the region, such as Andata Entwicklungstechnologie GmbH, Elliptic Laboratories A/S, Siemens AG, amongst others coupled with the presence of key automotive manufacturers in the region. The automotive manufacturers are increasing the adoption of AI in automotive sector, which is used for the designing of virtual sensors. Thus, the adoption of AI in the automotive sector is a major driving factor for the growth of virtual sensors market during the forecast period.
Competitive Landscape
The report provides both, qualitative and quantitative research of virtual sensors market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others. Some of the players operating in the virtual sensors market are Andata Entwicklungstechnologie GmbH, Elliptic Laboratories A/S, Honeywell International Inc, IntelliDynamics, LMI Technologies, MODELWAY SRL, OSIsoft, and Siemens AG amongst others. The companies are involved in launching new products which have high technological interface and are equipped with latest technology. For instance, in 2018 Elliptic Laboratories A/S has launched AI virtual smart sensor platform name Inner Beauty which has full-screen devices. Additionally, the company also has opportunity to expand the product portfolio in the countries, such as UAE and China. These countries are increasing the adoption of virtual sensors. For each company, the report studies their global presence, competitors, and product offerings, among others.
Global Virtual Sensors Market:
- By End Use
- Oil and Gas
- Manufacturing and Utilities
- Electrical, Electronics and Consumer Goods
- Healthcare
- Chemical
- Automotive and Transportation
- Others
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
Table of Contents
1. Market Scope
1.1. Market Segmentation
1.2. Years Considered
1.2.1. Historic Years: 2013 - 2017
1.2.2. Base Year: 2018
1.2.3. Forecast Years: 2019 – 2027
2. Key Target Audiences
3. Research Methodology
3.1. Primary Research
3.1.1. Research Questionnaire
3.1.2. Global Percentage Breakdown
3.1.3. Primary Interviews: Key Opinion Leaders (KOLs)
3.2. Secondary Research
3.2.1. Paid Databases
3.2.2. Secondary Sources
3.3. Market Size Estimates
3.3.1. Top-Down Approach
3.3.2. Bottom-Up Approach
3.4. Data Triangulation Methodology
3.5. Research Assumptions
4. Recommendations and Insights from AMI’s Perspective**
5. Holistic Overview of Virtual Sensors Market
6. Market Synopsis:
Virtual Sensors Market
7. Virtual Sensors Market Analysis: Qualitative Perspective
7.1. Introduction
7.1.1. Product Definition
7.1.2. Industry Development
7.2. Market Dynamics
7.2.1. Drivers
7.2.2. Restraints
7.2.3. Opportunities
7.3. Trends in Virtual Sensors Market
7.4. Market Determinants Radar Chart
7.5. Macro-Economic and Micro-Economic Indicators: Virtual Sensors
Market
8. Global Virtual Sensors Market Analysis and Forecasts, 2019 –
2027
8.1. Overview
8.1.1. Global Virtual Sensors Market Revenue (US$ Mn)
8.2. Global Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
8.2.1. Oil and Gas
8.2.1.1. Definition
8.2.1.2. Market Estimation and Penetration, 2013 – 2018
8.2.1.3. Market Forecast, 2019 – 2027
8.2.1.4. Compound Annual Growth Rate (CAGR)
8.2.1.5. Regional Bifurcation
8.2.1.5.1. North
America
8.2.1.5.1.1. Market Estimation, 2013 – 2018
8.2.1.5.1.2. Market Forecast, 2019 – 2027
8.2.1.5.2. Europe
8.2.1.5.2.1. Market Estimation, 2013 – 2018
8.2.1.5.2.2. Market Forecast, 2019 – 2027
8.2.1.5.3. Asia
Pacific
8.2.1.5.3.1. Market Estimation, 2013 – 2018
8.2.1.5.3.2. Market Forecast, 2019 – 2027
8.2.1.5.4. Middle
East and Africa
8.2.1.5.4.1. Market Estimation, 2013 – 2018
8.2.1.5.4.2. Market Forecast, 2019 – 2027
8.2.1.5.5. Latin
America
8.2.1.5.5.1. Market Estimation, 2013 – 2018
8.2.1.5.5.2. Market Forecast, 2019 – 2027
8.2.2. Manufacturing and Utilities
8.2.2.1. Definition
8.2.2.2. Market Estimation and Penetration, 2013 – 2018
8.2.2.3. Market Forecast, 2019 – 2027
8.2.2.4. Compound Annual Growth Rate (CAGR)
8.2.2.5. Regional Bifurcation
8.2.2.5.1. North
America
8.2.2.5.1.1. Market Estimation, 2013 – 2018
8.2.2.5.1.2. Market Forecast, 2019 – 2027
8.2.2.5.2. Europe
8.2.2.5.2.1. Market Estimation, 2013 – 2018
8.2.2.5.2.2. Market Forecast, 2019 – 2027
8.2.2.5.3. Asia
Pacific
8.2.2.5.3.1. Market Estimation, 2013 – 2018
8.2.2.5.3.2. Market Forecast, 2019 – 2027
8.2.2.5.4. Middle
East and Africa
8.2.2.5.4.1. Market Estimation, 2013 – 2018
8.2.2.5.4.2. Market Forecast, 2019 – 2027
8.2.2.5.5. Latin
America
8.2.2.5.5.1. Market Estimation, 2013 – 2018
8.2.2.5.5.2. Market Forecast, 2019 – 2027
8.2.3. Electrical, Electronics and Consumer Goods
8.2.3.1. Definition
8.2.3.2. Market Estimation and Penetration, 2013 – 2018
8.2.3.3. Market Forecast, 2019 – 2027
8.2.3.4. Compound Annual Growth Rate (CAGR)
8.2.3.5. Regional Bifurcation
8.2.3.5.1. North
America
8.2.3.5.1.1. Market Estimation, 2013 – 2018
8.2.3.5.1.2. Market Forecast, 2019 – 2027
8.2.3.5.2. Europe
8.2.3.5.2.1. Market Estimation, 2013 – 2018
8.2.3.5.2.2. Market Forecast, 2019 – 2027
8.2.3.5.3. Asia
Pacific
8.2.3.5.3.1. Market Estimation, 2013 – 2018
8.2.3.5.3.2. Market Forecast, 2019 – 2027
8.2.3.5.4. Middle
East and Africa
8.2.3.5.4.1. Market Estimation, 2013 – 2018
8.2.3.5.4.2. Market Forecast, 2019 – 2027
8.2.3.5.5. Latin
America
8.2.3.5.5.1. Market Estimation, 2013 – 2018
8.2.3.5.5.2. Market Forecast, 2019 – 2027
8.2.4. Healthcare
8.2.4.1. Definition
8.2.4.2. Market Estimation and Penetration, 2013 – 2018
8.2.4.3. Market Forecast, 2019 – 2027
8.2.4.4. Compound Annual Growth Rate (CAGR)
8.2.4.5. Regional Bifurcation
8.2.4.5.1. North
America
8.2.4.5.1.1. Market Estimation, 2013 – 2018
8.2.4.5.1.2. Market Forecast, 2019 – 2027
8.2.4.5.2. Europe
8.2.4.5.2.1. Market Estimation, 2013 – 2018
8.2.4.5.2.2. Market Forecast, 2019 – 2027
8.2.4.5.3. Asia
Pacific
8.2.4.5.3.1. Market Estimation, 2013 – 2018
8.2.4.5.3.2. Market Forecast, 2019 – 2027
8.2.4.5.4. Middle
East and Africa
8.2.4.5.4.1. Market Estimation, 2013 – 2018
8.2.4.5.4.2. Market Forecast, 2019 – 2027
8.2.4.5.5. Latin
America
8.2.4.5.5.1. Market Estimation, 2013 – 2018
8.2.4.5.5.2. Market Forecast, 2019 – 2027
8.2.5. Chemical
8.2.5.1. Definition
8.2.5.2. Market Estimation and Penetration, 2013 – 2018
8.2.5.3. Market Forecast, 2019 – 2027
8.2.5.4. Compound Annual Growth Rate (CAGR)
8.2.5.5. Regional Bifurcation
8.2.5.5.1. North
America
8.2.5.5.1.1. Market Estimation, 2013 – 2018
8.2.5.5.1.2. Market Forecast, 2019 – 2027
8.2.5.5.2. Europe
8.2.5.5.2.1. Market Estimation, 2013 – 2018
8.2.5.5.2.2. Market Forecast, 2019 – 2027
8.2.5.5.3. Asia
Pacific
8.2.5.5.3.1. Market Estimation, 2013 – 2018
8.2.5.5.3.2. Market Forecast, 2019 – 2027
8.2.5.5.4. Middle
East and Africa
8.2.5.5.4.1. Market Estimation, 2013 – 2018
8.2.5.5.4.2. Market Forecast, 2019 – 2027
8.2.5.5.5. Latin
America
8.2.5.5.5.1. Market Estimation, 2013 – 2018
8.2.5.5.5.2. Market Forecast, 2019 – 2027
8.2.6. Automotive and Transportation
8.2.6.1. Definition
8.2.6.2. Market Estimation and Penetration, 2013 – 2018
8.2.6.3. Market Forecast, 2019 – 2027
8.2.6.4. Compound Annual Growth Rate (CAGR)
8.2.6.5. Regional Bifurcation
8.2.6.5.1. North
America
8.2.6.5.1.1. Market Estimation, 2013 – 2018
8.2.6.5.1.2. Market Forecast, 2019 – 2027
8.2.6.5.2. Europe
8.2.6.5.2.1. Market Estimation, 2013 – 2018
8.2.6.5.2.2. Market Forecast, 2019 – 2027
8.2.6.5.3. Asia
Pacific
8.2.6.5.3.1. Market Estimation, 2013 – 2018
8.2.6.5.3.2. Market Forecast, 2019 – 2027
8.2.6.5.4. Middle
East and Africa
8.2.6.5.4.1. Market Estimation, 2013 – 2018
8.2.6.5.4.2. Market Forecast, 2019 – 2027
8.2.6.5.5. Latin
America
8.2.6.5.5.1. Market Estimation, 2013 – 2018
8.2.6.5.5.2. Market Forecast, 2019 – 2027
8.2.7. Others
8.2.7.1. Definition
8.2.7.2. Market Estimation and Penetration, 2013 – 2018
8.2.7.3. Market Forecast, 2019 – 2027
8.2.7.4. Compound Annual Growth Rate (CAGR)
8.2.7.5. Regional Bifurcation
8.2.7.5.1. North
America
8.2.7.5.1.1. Market Estimation, 2013 – 2018
8.2.7.5.1.2. Market Forecast, 2019 – 2027
8.2.7.5.2. Europe
8.2.7.5.2.1. Market Estimation, 2013 – 2018
8.2.7.5.2.2. Market Forecast, 2019 – 2027
8.2.7.5.3. Asia
Pacific
8.2.7.5.3.1. Market Estimation, 2013 – 2018
8.2.7.5.3.2. Market Forecast, 2019 – 2027
8.2.7.5.4. Middle
East and Africa
8.2.7.5.4.1. Market Estimation, 2013 – 2018
8.2.7.5.4.2. Market Forecast, 2019 – 2027
8.2.7.5.5. Latin
America
8.2.7.5.5.1. Market Estimation, 2013 – 2018
8.2.7.5.5.2. Market Forecast, 2019 – 2027
8.3. Key Segment for Channeling Investments
8.3.1. By End Use
9. North America Virtual Sensors Market Analysis and Forecasts,
2019 - 2027
9.1. Overview
9.1.1. North America Virtual Sensors Market Revenue (US$ Mn)
9.2. North America Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
9.2.1. Oil and Gas
9.2.2. Manufacturing and Utilities
9.2.3. Electrical, Electronics and Consumer Goods
9.2.4. Healthcare
9.2.5. Chemical
9.2.6. Automotive and Transportation
9.2.7. Others
9.3. North America Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By Country
9.3.1. U.S
9.3.1.1. U.S Virtual Sensors Market Revenue (US$ Mn) and Forecasts, By
End Use
9.3.1.1.1. Oil
and Gas
9.3.1.1.2. Manufacturing
and Utilities
9.3.1.1.3. Electrical,
Electronics and Consumer Goods
9.3.1.1.4. Healthcare
9.3.1.1.5. Chemical
9.3.1.1.6. Automotive
and Transportation
9.3.1.1.7. Others
9.3.2. Canada
9.3.2.1. Canada Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
9.3.2.1.1. Oil
and Gas
9.3.2.1.2. Manufacturing
and Utilities
9.3.2.1.3. Electrical,
Electronics and Consumer Goods
9.3.2.1.4. Healthcare
9.3.2.1.5. Chemical
9.3.2.1.6. Automotive
and Transportation
9.3.2.1.7. Others
9.3.3. Mexico
9.3.3.1. Mexico Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
9.3.3.1.1. Oil
and Gas
9.3.3.1.2. Manufacturing
and Utilities
9.3.3.1.3. Electrical,
Electronics and Consumer Goods
9.3.3.1.4. Healthcare
9.3.3.1.5. Chemical
9.3.3.1.6. Automotive
and Transportation
9.3.3.1.7. Others
9.3.4. Rest of North America
9.3.4.1. Rest of North America Virtual Sensors Market Revenue (US$ Mn)
and Forecasts, By End Use
9.3.4.1.1. Oil
and Gas
9.3.4.1.2. Manufacturing
and Utilities
9.3.4.1.3. Electrical,
Electronics and Consumer Goods
9.3.4.1.4. Healthcare
9.3.4.1.5. Chemical
9.3.4.1.6. Automotive
and Transportation
9.3.4.1.7. Others
9.4. Key Segment for Channeling Investments
9.4.1. By Country
9.4.2. By End Use
10. Europe Virtual Sensors Market Analysis and Forecasts, 2019 -
2027
10.1. Overview
10.1.1. Europe Virtual Sensors Market Revenue (US$ Mn)
10.2. Europe Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
10.2.1. Oil and Gas
10.2.2. Manufacturing and Utilities
10.2.3. Electrical, Electronics and Consumer Goods
10.2.4. Healthcare
10.2.5. Chemical
10.2.6. Automotive and Transportation
10.2.7. Others
10.3. Europe Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By Country
10.3.1. France
10.3.1.1. France Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
10.3.1.1.1. Oil
and Gas
10.3.1.1.2. Manufacturing
and Utilities
10.3.1.1.3. Electrical,
Electronics and Consumer Goods
10.3.1.1.4. Healthcare
10.3.1.1.5. Chemical
10.3.1.1.6. Automotive
and Transportation
10.3.1.1.7. Others
10.3.2. The UK
10.3.2.1. The UK Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
10.3.2.1.1. Oil
and Gas
10.3.2.1.2. Manufacturing
and Utilities
10.3.2.1.3. Electrical,
Electronics and Consumer Goods
10.3.2.1.4. Healthcare
10.3.2.1.5. Chemical
10.3.2.1.6. Automotive
and Transportation
10.3.2.1.7. Others
10.3.3. Spain
10.3.3.1. Spain Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
10.3.3.1.1. Oil
and Gas
10.3.3.1.2. Manufacturing
and Utilities
10.3.3.1.3. Electrical,
Electronics and Consumer Goods
10.3.3.1.4. Healthcare
10.3.3.1.5. Chemical
10.3.3.1.6. Automotive
and Transportation
10.3.3.1.7. Others
10.3.4. Germany
10.3.4.1. Germany Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
10.3.4.1.1. Oil
and Gas
10.3.4.1.2. Manufacturing
and Utilities
10.3.4.1.3. Electrical,
Electronics and Consumer Goods
10.3.4.1.4. Healthcare
10.3.4.1.5. Chemical
10.3.4.1.6. Automotive
and Transportation
10.3.4.1.7. Others
10.3.5. Italy
10.3.5.1. Italy Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
10.3.5.1.1. Oil
and Gas
10.3.5.1.2. Manufacturing
and Utilities
10.3.5.1.3. Electrical,
Electronics and Consumer Goods
10.3.5.1.4. Healthcare
10.3.5.1.5. Chemical
10.3.5.1.6. Automotive
and Transportation
10.3.5.1.7. Others
10.3.6. Nordic Countries
10.3.6.1. Nordic Countries Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
10.3.6.1.1. Oil
and Gas
10.3.6.1.2. Manufacturing
and Utilities
10.3.6.1.3. Electrical,
Electronics and Consumer Goods
10.3.6.1.4. Healthcare
10.3.6.1.5. Chemical
10.3.6.1.6. Automotive
and Transportation
10.3.6.1.7. Others
10.3.6.2. Nordic Countries Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By Country
10.3.6.2.1. Denmark
10.3.6.2.2. Finland
10.3.6.2.3. Iceland
10.3.6.2.4. Sweden
10.3.6.2.5. Norway
10.3.7. Benelux Union
10.3.7.1. Benelux Union Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
10.3.7.1.1. Oil
and Gas
10.3.7.1.2. Manufacturing
and Utilities
10.3.7.1.3. Electrical,
Electronics and Consumer Goods
10.3.7.1.4. Healthcare
10.3.7.1.5. Chemical
10.3.7.1.6. Automotive
and Transportation
10.3.7.1.7. Others
10.3.7.2. Benelux Union Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By Country
10.3.7.2.1. Belgium
10.3.7.2.2. The
Netherlands
10.3.7.2.3. Luxembourg
10.3.8. Rest of Europe
10.3.8.1. Rest of Europe Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
10.3.8.1.1. Oil
and Gas
10.3.8.1.2. Manufacturing
and Utilities
10.3.8.1.3. Electrical,
Electronics and Consumer Goods
10.3.8.1.4. Healthcare
10.3.8.1.5. Chemical
10.3.8.1.6. Automotive
and Transportation
10.3.8.1.7. Others
10.4. Key Segment for Channeling Investments
10.4.1. By Country
10.4.2. By End Use
11. Asia Pacific Virtual Sensors Market Analysis and Forecasts,
2019 - 2027
11.1. Overview
11.1.1. Asia Pacific Virtual Sensors Market Revenue (US$ Mn)
11.2. Asia Pacific Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
11.2.1. Oil and Gas
11.2.2. Manufacturing and Utilities
11.2.3. Electrical, Electronics and Consumer Goods
11.2.4. Healthcare
11.2.5. Chemical
11.2.6. Automotive and Transportation
11.2.7. Others
11.3. Asia Pacific Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By Country
11.3.1. China
11.3.1.1. China Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
11.3.1.1.1. Oil
and Gas
11.3.1.1.2. Manufacturing
and Utilities
11.3.1.1.3. Electrical,
Electronics and Consumer Goods
11.3.1.1.4. Healthcare
11.3.1.1.5. Chemical
11.3.1.1.6. Automotive
and Transportation
11.3.1.1.7. Others
11.3.2. Japan
11.3.2.1. Japan Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
11.3.2.1.1. Oil
and Gas
11.3.2.1.2. Manufacturing
and Utilities
11.3.2.1.3. Electrical,
Electronics and Consumer Goods
11.3.2.1.4. Healthcare
11.3.2.1.5. Chemical
11.3.2.1.6. Automotive
and Transportation
11.3.2.1.7. Others
11.3.3. India
11.3.3.1. India Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
11.3.3.1.1. Oil
and Gas
11.3.3.1.2. Manufacturing
and Utilities
11.3.3.1.3. Electrical,
Electronics and Consumer Goods
11.3.3.1.4. Healthcare
11.3.3.1.5. Chemical
11.3.3.1.6. Automotive
and Transportation
11.3.3.1.7. Others
11.3.4. New Zealand
11.3.4.1. New Zealand Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
11.3.4.1.1. Oil
and Gas
11.3.4.1.2. Manufacturing
and Utilities
11.3.4.1.3. Electrical,
Electronics and Consumer Goods
11.3.4.1.4. Healthcare
11.3.4.1.5. Chemical
11.3.4.1.6. Automotive
and Transportation
11.3.4.1.7. Others
11.3.5. Australia
11.3.5.1. Australia Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
11.3.5.1.1. Oil
and Gas
11.3.5.1.2. Manufacturing
and Utilities
11.3.5.1.3. Electrical,
Electronics and Consumer Goods
11.3.5.1.4. Healthcare
11.3.5.1.5. Chemical
11.3.5.1.6. Automotive
and Transportation
11.3.5.1.7. Others
11.3.6. South Korea
11.3.6.1. South Korea Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
11.3.6.1.1. Oil
and Gas
11.3.6.1.2. Manufacturing
and Utilities
11.3.6.1.3. Electrical,
Electronics and Consumer Goods
11.3.6.1.4. Healthcare
11.3.6.1.5. Chemical
11.3.6.1.6. Automotive
and Transportation
11.3.6.1.7. Others
11.3.7. Southeast Asia
11.3.7.1. Southeast Asia Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
11.3.7.1.1. Oil
and Gas
11.3.7.1.2. Manufacturing
and Utilities
11.3.7.1.3. Electrical,
Electronics and Consumer Goods
11.3.7.1.4. Healthcare
11.3.7.1.5. Chemical
11.3.7.1.6. Automotive
and Transportation
11.3.7.1.7. Others
11.3.7.2. Southeast Asia Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By Country
11.3.7.2.1. Indonesia
11.3.7.2.2. Thailand
11.3.7.2.3. Malaysia
11.3.7.2.4. Singapore
11.3.7.2.5. Rest
of Southeast Asia
11.3.8. Rest of Asia Pacific
11.3.8.1. Rest of Asia Pacific Virtual Sensors Market Revenue (US$ Mn)
and Forecasts, By End Use
11.3.8.1.1. Oil
and Gas
11.3.8.1.2. Manufacturing
and Utilities
11.3.8.1.3. Electrical,
Electronics and Consumer Goods
11.3.8.1.4. Healthcare
11.3.8.1.5. Chemical
11.3.8.1.6. Automotive
and Transportation
11.3.8.1.7. Others
11.4. Key Segment for Channeling Investments
11.4.1. By Country
11.4.2. By End Use
12. Middle East and Africa Virtual Sensors Market Analysis and
Forecasts, 2019 - 2027
12.1. Overview
12.1.1. Middle East and Africa Virtual Sensors Market Revenue (US$ Mn)
12.2. Middle East and Africa Virtual Sensors Market Revenue (US$ Mn)
and Forecasts, By End Use
12.2.1. Oil and Gas
12.2.2. Manufacturing and Utilities
12.2.3. Electrical, Electronics and Consumer Goods
12.2.4. Healthcare
12.2.5. Chemical
12.2.6. Automotive and Transportation
12.2.7. Others
12.3. Middle East and Africa Virtual Sensors Market Revenue (US$ Mn)
and Forecasts, By Country
12.3.1. Saudi Arabia
12.3.1.1. Saudi Arabia Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
12.3.1.1.1. Oil
and Gas
12.3.1.1.2. Manufacturing
and Utilities
12.3.1.1.3. Electrical,
Electronics and Consumer Goods
12.3.1.1.4. Healthcare
12.3.1.1.5. Chemical
12.3.1.1.6. Automotive
and Transportation
12.3.1.1.7. Others
12.3.2. UAE
12.3.2.1. UAE Virtual Sensors Market Revenue (US$ Mn) and Forecasts, By
End Use
12.3.2.1.1. Oil
and Gas
12.3.2.1.2. Manufacturing
and Utilities
12.3.2.1.3. Electrical,
Electronics and Consumer Goods
12.3.2.1.4. Healthcare
12.3.2.1.5. Chemical
12.3.2.1.6. Automotive
and Transportation
12.3.2.1.7. Others
12.3.3. Egypt
12.3.3.1. Egypt Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
12.3.3.1.1. Oil
and Gas
12.3.3.1.2. Manufacturing
and Utilities
12.3.3.1.3. Electrical,
Electronics and Consumer Goods
12.3.3.1.4. Healthcare
12.3.3.1.5. Chemical
12.3.3.1.6. Automotive
and Transportation
12.3.3.1.7. Others
12.3.4. Kuwait
12.3.4.1. Kuwait Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
12.3.4.1.1. Oil
and Gas
12.3.4.1.2. Manufacturing
and Utilities
12.3.4.1.3. Electrical,
Electronics and Consumer Goods
12.3.4.1.4. Healthcare
12.3.4.1.5. Chemical
12.3.4.1.6. Automotive
and Transportation
12.3.4.1.7. Others
12.3.5. South Africa
12.3.5.1. South Africa Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
12.3.5.1.1. Oil
and Gas
12.3.5.1.2. Manufacturing
and Utilities
12.3.5.1.3. Electrical,
Electronics and Consumer Goods
12.3.5.1.4. Healthcare
12.3.5.1.5. Chemical
12.3.5.1.6. Automotive
and Transportation
12.3.5.1.7. Others
12.3.6. Rest of Middle East & Africa
12.3.6.1. Rest of Middle East & Africa Virtual Sensors Market
Revenue (US$ Mn) and Forecasts, By End Use
12.3.6.1.1. Oil
and Gas
12.3.6.1.2. Manufacturing
and Utilities
12.3.6.1.3. Electrical,
Electronics and Consumer Goods
12.3.6.1.4. Healthcare
12.3.6.1.5. Chemical
12.3.6.1.6. Automotive
and Transportation
12.3.6.1.7. Others
12.4. Key Segment for Channeling Investments
12.4.1. By Country
12.4.2. By End Use
13. Latin America Virtual Sensors Market Analysis and Forecasts,
2019 - 2027
13.1. Overview
13.1.1. Latin America Virtual Sensors Market Revenue (US$ Mn)
13.2. Latin America Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
13.2.1. Oil and Gas
13.2.2. Manufacturing and Utilities
13.2.3. Electrical, Electronics and Consumer Goods
13.2.4. Healthcare
13.2.5. Chemical
13.2.6. Automotive and Transportation
13.2.7. Others
13.3. Latin America Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By Country
13.3.1. Brazil
13.3.1.1. Brazil Virtual Sensors Market Revenue (US$ Mn) and Forecasts,
By End Use
13.3.1.1.1. Oil
and Gas
13.3.1.1.2. Manufacturing
and Utilities
13.3.1.1.3. Electrical,
Electronics and Consumer Goods
13.3.1.1.4. Healthcare
13.3.1.1.5. Chemical
13.3.1.1.6. Automotive
and Transportation
13.3.1.1.7. Others
13.3.2. Argentina
13.3.2.1. Argentina Virtual Sensors Market Revenue (US$ Mn) and
Forecasts, By End Use
13.3.2.1.1. Oil
and Gas
13.3.2.1.2. Manufacturing
and Utilities
13.3.2.1.3. Electrical,
Electronics and Consumer Goods
13.3.2.1.4. Healthcare
13.3.2.1.5. Chemical
13.3.2.1.6. Automotive
and Transportation
13.3.2.1.7. Others
13.3.3. Rest of Latin America
13.3.3.1. Rest of Latin America Virtual Sensors Market Revenue (US$ Mn)
and Forecasts, By End Use
13.3.3.1.1. Oil
and Gas
13.3.3.1.2. Manufacturing
and Utilities
13.3.3.1.3. Electrical,
Electronics and Consumer Goods
13.3.3.1.4. Healthcare
13.3.3.1.5. Chemical
13.3.3.1.6. Automotive
and Transportation
13.3.3.1.7. Others
13.4. Key Segment for Channeling Investments
13.4.1. By Country
13.4.2. By End Use
14. Competitive Benchmarking
14.1. Market Share Analysis, 2018
14.2. Global Presence and Growth Strategies
14.2.1. Mergers and Acquisitions
14.2.2. Product Launches
14.2.3. Investments Trends
14.2.4. R&D Initiatives
15. Player Profiles
15.1. Andata Entwicklungstechnologie GmbH
15.1.1. Company Details
15.1.2. Company Overview
15.1.3. Product Offerings
15.1.4. Key Developments
15.1.5. Financial Analysis
15.1.6. SWOT Analysis
15.1.7. Business Strategies
15.2. Elliptic Laboratories A/S
15.2.1. Company Details
15.2.2. Company Overview
15.2.3. Product Offerings
15.2.4. Key Developments
15.2.5. Financial Analysis
15.2.6. SWOT Analysis
15.2.7. Business Strategies
15.3. Honeywell International Inc.
15.3.1. Company Details
15.3.2. Company Overview
15.3.3. Product Offerings
15.3.4. Key Developments
15.3.5. Financial Analysis
15.3.6. SWOT Analysis
15.3.7. Business Strategies
15.4. IntelliDynamics
15.4.1. Company Details
15.4.2. Company Overview
15.4.3. Product Offerings
15.4.4. Key Developments
15.4.5. Financial Analysis
15.4.6. SWOT Analysis
15.4.7. Business Strategies
15.5. LMI Technologies
15.5.1. Company Details
15.5.2. Company Overview
15.5.3. Product Offerings
15.5.4. Key Developments
15.5.5. Financial Analysis
15.5.6. SWOT Analysis
15.5.7. Business Strategies
15.6. MODELWAY SRL
15.6.1. Company Details
15.6.2. Company Overview
15.6.3. Product Offerings
15.6.4. Key Developments
15.6.5. Financial Analysis
15.6.6. SWOT Analysis
15.6.7. Business Strategies
15.7. OSIsoft
15.7.1. Company Details
15.7.2. Company Overview
15.7.3. Product Offerings
15.7.4. Key Developments
15.7.5. Financial Analysis
15.7.6. SWOT Analysis
15.7.7. Business Strategies
15.8. Siemens AG
15.8.1. Company Details
15.8.2. Company Overview
15.8.3. Product Offerings
15.8.4. Key Developments
15.8.5. Financial Analysis
15.8.6. SWOT Analysis
15.8.7. Business Strategies
15.9. Other Market Participants
16. Key Findings
Note: This ToC is tentative and
can be changed according to the research study conducted during the course of
report completion.
**Exclusive for Multi-User and
Enterprise User.
At Absolute Markets Insights, we are engaged in building both global as well as country specific reports. As a result, the approach taken for deriving the estimation and forecast for a specific country is a bit unique and different in comparison to the global research studies. In this case, we not only study the concerned market factors & trends prevailing in a particular country (from secondary research) but we also tend to calculate the actual market size & forecast from the revenue generated from the market participants involved in manufacturing or distributing the any concerned product. These companies can also be service providers. For analyzing any country specifically, we do consider the growth factors prevailing under the states/cities/county for the same. For instance, if we are analyzing an industry specific to United States, we primarily need to study about the states present under the same(where the product/service has the highest growth). Similar analysis will be followed by other countries. Our scope of the report changes with different markets.
Our research study is mainly implement through a mix of both secondary and primary research. Various sources such as industry magazines, trade journals, and government websites and trade associations are reviewed for gathering precise data. Primary interviews are conducted to validate the market size derived from secondary research. Industry experts, major manufacturers and distributors are contacted for further validation purpose on the current market penetration and growth trends.
Prominent participants in our primary research process include:
- Key Opinion Leaders namely the CEOs, CSOs, VPs, purchasing managers, amongst others
- Research and development participants, distributors/suppliers and subject matter experts
Secondary Research includes data extracted from paid data sources:
- Reuters
- Factiva
- Bloomberg
- One Source
- Hoovers
Research Methodology
Key Inclusions
