The global Smart Dust market size reached USD 430.5 million in 2020 and is expected to register a revenue CAGR of 9.9%, during the forecast period, according to latest analysis by Emergen Research.
The Agriculture segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising use of smart dust technology in agriculture-related applications and fields. Continuous monitoring of crop nutrition as well as watering, fertilization, and pest management can be achieved using this technology. Information gathered can help to boost crop yield and quality. Smart dust systems are also used in agriculture to record soil conditions, including pH, fertility, and microorganism infestations, all of which are important for plant growth.
We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Smart Dust market.
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Some Key Highlights From the Report
Some companies operating in the market include Defendec Ltd., Crossbow Technology, Inc., Hitachi, Ltd., Cisco Systems, Inc., International Business Machines Corporation, Cleverciti Systems GmbH, Valarm LLC, Betabatt, Inc., CubeWorks, Inc., and Streetline, Inc.
In March 2021, Hitachi, Ltd. announced signing of a definitive agreement with GlobalLogic Inc., under which, Hitachi will acquire GlobalLogic Inc. Hitachi expects the acquisition of GlobalLogic's advanced digital engineering capabilities, as well as its robust consumer base, which includes significant technology businesses, to boost the digital portfolio.
Medical diagnostics segment is expected to expand at a substantially rapid revenue CAGR during the forecast period due to increasing application of neural smart dust for monitoring electrical activities in nerves and muscles.
Increasing advancements in nanotechnology-based smart dust is expected to augment market revenue growth over the forecast period. In addition, increased deployment of smart dust devices in office applications and high demand for smart dust technology in manufacturing plants are expected to continue to drive global smart dust market revenue growth over the forecast period. Pre-programmed smart dust devices operate without the need for human involvement.
The North America market is expected to register a significantly rapid revenue growth rate over the forecast period due to robust presence of international and domestic market players including Crossbow Technology, Inc., Cisco Systems, Inc., International Business Machines Corporation, and CubeWorks, Inc. among others in developed countries of the region.
Emergen Research has segmented global smart dust on the basis of components, application, end-use, and region:
Components Outlook (Revenue, USD Million; 2018–2028)
Sensors
Active Optical Transmission
Laser Diode
Microelectromechanical Systems (MEMS) Beam Steering Mirror
Passive Optical Transmission
Corner Cube Retroreflector (CCR)
Optical Receiver
Photodetector
Analog I/O
Signal Processing
Digital Signal Processing (DSP)
Micro-Controller
Control Circuitry
Power Source
Solar Cells
Thick Film Batteries
Robots
Others
Application Outlook (Revenue, USD Million; 2018–2028)
Remote Monitoring
Industrial Automation
Urban Infrastructure
Inventory Management
Medical Diagnostics
Travel Safety
Space Exploration
Others
End-use Outlook (Revenue, USD Million; 2018–2028)
Healthcare
Government
Aerospace & Defense
Transportation & Logistics
Manufacturing
Agriculture
Travel & Tourism
Others
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Smart Dust Market Segmentation & Impact Analysis
4.1. Smart Dust Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising demand for smart dust technology in manufacturing plants
4.2.2.2. Increasing implementation of smart dust devices for office application
4.2.2.3. Increasing application of smart dust technology for military purpose
4.2.2.4. Rising integration of smart dust technology in urban infrastructure
4.2.2.5. Increasing smart dust adoption in healthcare
4.2.3. Market restrains analysis
4.2.3.1. Concerns regarding privacy
4.2.3.2. High implementation cost
4.2.3.3. Challenges to control devices
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continue…
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