Market Share of United States Sensors Industry
The United States sensors market is fragmented, with the presence of major players like Texas Instruments Incorporated, STMicroelectronics Inc., Honeywell International Inc., Infineon Technologies AG, TE Connectivity Inc., Bosch Sensortec GmbH, Rockwell Automation Inc., and many others. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance product offerings and gain sustainable competitive advantage.
- July 2024: Infineon Technologies AG and Swoboda partnered to introduce advanced current sensor modules designed for automotive use. This partnership leverages Infineon's high-quality current sensor ICs and Swoboda's prowess in sensor module development to tap into the burgeoning demand for sensing solutions in hybrid and electric vehicles. The inaugural product, Swoboda CSM510HP2, showcases a compact, fully encapsulated design, boasting a smaller footprint while maintaining top-notch performance.
- January 2024: ABB acquired Real Tech, a provider of advanced optical sensor solutions for real-time water monitoring and testing. This strategic move bolsters ABB's foothold in the water industry and enriches its offerings with pivotal optical technology, which is crucial for advancing smart water management initiatives. Real Tech's offerings span from optical sensors to various customizable accessories, ensuring tailored solutions for diverse customer requirements. These acquisitions play a pivotal role in ABB Measurement & Analytics' strategy to enhance its portfolio with new environmental technologies.
United States Sensors Market Leaders
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Texas Instruments Incorporated
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STMicroelectronics Inc.
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Honeywell International Inc.
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Infineon Technologies AG
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TE Connectivity Inc.
*Disclaimer: Major Players sorted in no particular order
