Press Resease

Virtual Sensors Market By Deployment (On-Premises and Cloud-Based), By Component (Services and Solutions), and By End-User (Oil & Gas, Electrical, Electronics, & Consumer Goods, Healthcare, Chemical, Manufacturing & Utilities, Automotive & Transportation, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 16-Aug-2019 Category: Technology & Media Report Format : PDF Pages: 202 Report Code: ZMR-4591 Status : Published

Global virtual sensors market expected to reach approximately USD 1,108 million by 2025, at a CAGR of slightly above 30.6% between 2019 and 2025. A virtual sensor is used for the estimation of process conditions or product properties with the help of mathematical models.

Description

The report covers a forecast and an analysis of the virtual sensors market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the virtual sensors market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the virtual sensors market on a global level.

This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global virtual sensors market

The global virtual sensors market is segmented on the basis of deployment, component, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 20189 to 2025. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some renowned players of the virtual sensors market are Cisco, ANDATA, Elliptic Laboratories, Honeywell Process, Algorithmica Technologies, IntelliDynamics, Schneider Electric, LMI Technologies, Modelway, OSIsoft, Aspen Technology, and Siemens.

This report segments the virtual sensors market into:

Virtual Sensors Market: Deployment Analysis

  • On-Premises
  • Cloud-Based

Virtual Sensors Market: Component Analysis

  • Services
  • Solutions

Virtual Sensors Market: End-User Analysis

  • Oil and Gas
  • Electrical, Electronics and Consumer Goods
  • Healthcare
  • Chemical
  • Manufacturing and Utilities
  • Automotive and Transportation
  • Others

Virtual Sensors Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data End-user and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Virtual Sensors Market, 2016-2025 (USD Million)
    • 2.2. Virtual Sensors Market: Snapshot
  •  
  • Chapter 3. Global Virtual Sensors Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry Ecosystem Analysis
    • 3.3. Technology Landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. Lack of awareness about the associated benefits of virtual sensors
    • 3.6. Opportunity
      • 3.6.1. Emerging demand for virtual sensor technology in aerospace and automobile industries
    • 3.7. Innovation & Sustainability
    • 3.8. Regulatory Landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Virtual Sensors Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Deployment
      • 3.11.2. Market Attractiveness Analysis by Component
      • 3.11.3. Market Attractiveness Analysis by End-User
      • 3.11.4. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Virtual Sensors Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Deployment Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development, and Regional Expansion
  •  
  • Chapter 5. Global Virtual Sensors Market - Deployment Analysis
    • 5.1. Global Virtual Sensors Market Share, by Deployment, 2018 and 2025
      • 5.1.1. Global Virtual Sensors Market by On-Premises, 2016-2025 (USD Million)
      • 5.1.2. Global Virtual Sensors Market by Cloud-Based, 2016-2025 (USD Million)
  •  
  • Chapter 6. Global Virtual Sensors Market - Component Analysis
    • 6.1. Global Virtual Sensors Market Share, by Component, 2018 and 2025
      • 6.1.1. Global Virtual Sensors Market by Services, 2016-2025 (USD Million)
      • 6.1.2. Global Virtual Sensors Market by Solutions, 2016-2025 (USD Million)
  •  
  • Chapter 7. Global Virtual Sensors Market - End-User Analysis
    • 7.1. Global Virtual Sensors Market Share, by End-user, 2018 and 2025
    • 7.2. Global Virtual Sensors Market by Oil and Gas, 2016-2025 (USD Million)
    • 7.3. Global Virtual Sensors Market by Electrical, Electronics, and Consumer Goods, 2016-2025 (USD Million)
    • 7.4. Global Virtual Sensors Market by Healthcare, 2016-2025 (USD Million)
    • 7.5. Global Virtual Sensors Market by Chemical, 2016-2025 (USD Million)
    • 7.6. Global Virtual Sensors Market by Manufacturing and Utilities, 2016-2025 (USD Million)
    • 7.7. Global Virtual Sensors Market by Automotive and Transportation, 2016-2025 (USD Million)
    • 7.8. Global Virtual Sensors Market by Others, 2016-2025 (USD Million)
  •  
  • Chapter 8. Global Virtual Sensors Market Regional Analysis
    • 8.1. Global Virtual Sensors Market Share, By Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Virtual Sensors Market Revenue, 2016-2025 (USD Million)
      • 8.2.2. North America Virtual Sensors Market Revenue, By Deployment, 2016-2025 (USD Million)
      • 8.2.3. North America Virtual Sensors Market Revenue, By Component, 2016-2025 (USD Million)
      • 8.2.4. North America Virtual Sensors Market Revenue, By End-user, 2016-2025 (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. U.S. Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.2.5.2. U.S. Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.2.5.3. U.S. Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.2.6. Canada
        • 8.2.6.1. Canada Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.2.6.2. Canada Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.2.6.3. Canada Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Virtual Sensors Market Revenue, 2016-2025 (USD Million)
      • 8.3.2. Europe Virtual Sensors Market Revenue, By Deployment, 2016-2025 (USD Million)
      • 8.3.3. Europe Virtual Sensors Market Revenue, By Component, 2016-2025 (USD Million)
      • 8.3.4. Europe Virtual Sensors Market Revenue, By End-user, 2016-2025 (USD Million)
      • 8.3.5. U.K.
        • 8.3.5.1. U.K. Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.5.2. U.K. Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.3.5.3. U.K. Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.6.2. France Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.3.6.3. France Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.7.2. Germany Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.3.7.3. Germany Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of Europe Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.3.8.2. Rest of Europe Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.3.8.3. Rest of Europe Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Virtual Sensors Market Revenue, 2016-2025 (USD Million)
      • 8.4.2. Asia Pacific Virtual Sensors Market Revenue, By Deployment, 2016-2025 (USD Million)
      • 8.4.3. Asia Pacific Virtual Sensors Market Revenue, By Component, 2016-2025 (USD Million)
      • 8.4.4. Asia Pacific Virtual Sensors Market Revenue, By End-user, 2016-2025 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.5.2. China Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.4.5.3. China Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.6.2. Japan Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.4.6.3. Japan Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.7.2. India Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.4.7.3. India Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Virtual Sensors Market Revenue, 2016-2025 (USD Million)
      • 8.5.2. Latin America Virtual Sensors Market Revenue, By Deployment, 2016-2025 (USD Million)
      • 8.5.3. Latin America Virtual Sensors Market Revenue, By Component, 2016-2025 (USD Million)
      • 8.5.4. Latin America Virtual Sensors Market Revenue, By End-user, 2016-2025 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.5.5.2. Brazil Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.5.5.3. Brazil Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Virtual Sensors Market Revenue, by Deployment, 2016-2025 (USD Million)
        • 8.5.6.2. Rest of Latin America Virtual Sensors Market Revenue, by Component, 2016-2025 (USD Million)
        • 8.5.6.3. Rest of Latin America Virtual Sensors Market Revenue, by End-user, 2016-2025 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Virtual Sensors Market Revenue, 2016-2025 (USD Million)
      • 8.6.2. The Middle East and Africa Virtual Sensors Market Revenue, By Deployment, 2016-2025 (USD Million)
      • 8.6.3. The Middle East and Africa Virtual Sensors Market Revenue, By Component, 2016-2025 (USD Million)
      • 8.6.4. The Middle East and Africa Virtual Sensors Market Revenue, By End-user, 2016-2025 (USD Million)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Cisco
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
      • 9.1.6. SWOT
    • 9.2. ANDATA
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
      • 9.2.6. SWOT
    • 9.3. Elliptic Laboratories
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
      • 9.3.6. SWOT
    • 9.4. Honeywell Process
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
      • 9.4.6. SWOT
    • 9.5. Algorithmica Technologies
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
      • 9.5.6. SWOT
    • 9.6. IntelliDynamics
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
      • 9.6.6. SWOT
    • 9.7. Schneider Electric
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
      • 9.7.6. SWOT
    • 9.8. LMI Technologies
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
      • 9.8.6. SWOT
    • 9.9. Modelway
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
      • 9.9.6. SWOT
    • 9.10. OSIsoft
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments
      • 9.10.6. SWOT
    • 9.11. Aspen Technology
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business strategy
      • 9.11.5. Recent developments
      • 9.11.6. SWOT
    • 9.12. Siemens
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business strategy
      • 9.12.5. Recent developments
      • 9.12.6. SWOT

Methodology

Free Analysis

A virtual sensor is used for the estimation of process conditions or product properties with the help of mathematical models. These models help companies in estimating the desired values by using information gathered from different physical sensors. A virtual sensor network is formed by a group of sensors, where the nodes are given certain high-speed tasks that play a crucial role in the virtual sensors market. The rising demand for virtualization architecture in wireless sensor networks (WSN) is anticipated to create lucrative market opportunities over the forecast timeframe.

The growing use of virtual IoT sensors is increasing the insights and analytics to solve real-time problems, which is primarily driving the virtual sensors market globally. The rising investments in IoT technology have paved the way for the high adoption of virtual sensors. Virtual IoT sensors are software-based Windows or Linux services that read the information on different physical sensors over a motherboard and post them on a cloud system. It is estimated that by 2020, the IoT market will be worth USD 1.7 trillion. The manufacturing sector is anticipated to fuel the IoT network connections growth, which will drive the virtual sensors market over the upcoming years. The increasing adoption of virtual sensors worldwide is still in the initial state. Thus, the lack of awareness about the associated benefits of virtual sensors and a shortage of skilled workforce with expertise and technical knowledge may hinder the virtual sensors market growth in the years ahead.

Global virtual sensors market

The global virtual sensors market is fragmented based on deployment, component, and end-user. On the basis of deployment, the market is majorly classified into on-premises and cloud-based. By component, the market includes services and solutions. Virtual sensor solutions are highly preferred by organizations for estimating different product properties, which is and fuelling the solutions segment growth in the global market. The end-user segment of the global virtual sensors market includes electrical, electronics, and consumer goods, oil and gas, healthcare, manufacturing and utilities, chemical, automotive and transportation, and others. The electronics, electrical, and consumer goods industry is likely to hold a major market share in the future, owing to the growing virtual sensors demand due to unique and complex product designs.

North America dominated the virtual sensors market in 2018 and is anticipated to hold the largest market share globally in the upcoming years as well. This can be attributed to the presence of prominent market players in the region.

Some renowned players of the virtual sensors market are Cisco, ANDATA, Elliptic Laboratories, Honeywell Process, Algorithmica Technologies, IntelliDynamics, Schneider Electric, LMI Technologies, Modelway, OSIsoft, Aspen Technology, and Siemens.

Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com

We Accept

We have secured system to process your transaction.


We Are On Social