Virtual Sensors Market by Component (Solutions, and Services); By Deployment Type (On-Premises, and Cloud); By End-User (Oil & Gas, Automotive and Transportation, Electrical, Electronics, and Consumer Technology, Manufacturing and Utilities, Healthcare, Aeronautics and Defense, Chemical, and Others); By Geography (North America, Asia-Pacific, Europe, South America, and RoW), Industry Trends, Estimation & Forecast, 2018 – 2026

Market Overview

The Global Virtual Sensors market is expected to reach approximately $1.25 billion by 2026, with a projected CAGR of 36.2% during the forecast period. A virtual sensor calculates product properties or process conditions using mathematical models. These mathematical models use other physical sensor readings to analyze the estimated property or condition.

Market Dynamics

Rising adoption of IoT and cloud platforms, and predominant use of IIoT for design and manufacturing are the major factors driving the growth of the global Virtual Sensors market. However, risk associated with data security due to the use of IoT and cloud platforms may hamper the market from growing. Moreover, promising prospects for the virtual sensor technology in the automobile and aerospace industries is likely to gain significant impetus for the virtual sensors market share in the coming years.

Market Segmentation

The global virtual sensors market is segmented based on the component, deployment type, end-user, and geography. The component segment includes can solutions, and services. By deployment type segment, the categorization is given as on-premises, and cloud. Oil & gas, automotive and transportation, electrical, electronics, and consumer technology, process industry – manufacturing and utilities, healthcare, aeronautics and defense, chemical, and others are the classification of the end-user segment. Furthermore, geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, Row, and South America.

Scope of the Global Virtual Sensors Market

By Component

• Solutions
• Services

By Deployment Type

• On-Premises
• Cloud

By End-User

• Oil & Gas
• Automotive and Transportation
• Electrical, Electronics, and Consumer Technology
• Manufacturing and Utilities
• Healthcare
• Aeronautics And Defense
• Chemical
• Others

By Geography

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Korea
  • Rest of APAC
• South America
  • Brazil
  • Rest of South America
• Rest of the World
  • Middle East
  • Africa

TABLE OF CONTENTS

Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Market Scope

Chapter 2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources

Chapter 3 Market Overview
3.1 Report Segmentation & Scope
3.2 Key Market Trends
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.3 Porter’s Five Forces Analysis
3.4 Market Share Analysis

Chapter 4 Global Virtual Sensors Market by Component: Market Size and Forecast, 2018 – 2026
4.1 Introduction
4.1.1 Market Size and Forecast
4.2 Solutions
4.2.1 Market Size and Forecast
4.3 Services
4.3.1 Market Size and Forecast

Chapter 5 Global Virtual Sensors Market by Deployment Type: Market Size and Forecast, 2018 – 2026
5.1 Introduction
5.1.1 Market Size and Forecast
5.2 On-Premises
5.2.1 Market Size and Forecast
5.3 Cloud

Chapter 6 Global Virtual Sensors Market by End-User: Market Size and Forecast, 2018 – 2026
6.1 Introduction
6.1.1 Market Size and Forecast
6.2 Oil & Gas
6.2.1 Market Size and Forecast
6.3 Automotive & Transportation
6.3.1 Market Size and Forecast
6.4 Electrical, Electronics, and Consumer Technology
6.4.1 Market Size and Forecast
6.5 Process Industry – Manufacturing Utilities
6.5.1 Market Size and Forecast
6.6 Healthcare
6.6.1 Market Size and Forecast
6.7 Aeronautics and Defense
6.7.1 Market Size and Forecast
6.8 Transportation and Logistics
6.8.1 Market Size and Forecast
6.9 Chemical
6.9.1 Market Size and Forecast
6.10 Others
6.10.1 Market Size and Forecast

Chapter 8 Global Virtual Sensors Market by Geography: Market Size and Forecast, 2018 – 2026
7.1 Introduction
7.1.1 Market Size and Forecast
7.2 North America
7.2.1 North America Market Size & Forecast, By Country
7.2.2 North America Market Size & Forecast, By Component
7.2.3 North America Market Size & Forecast, By Deployment Type
7.2.4 North America Market Size & Forecast, By End-User
7.2.5 The U.S.
7.2.5.1 Market Size and Forecast
7.2.6 Canada
7.2.6.1 Market Size and Forecast
7.2.7 Mexico
7.2.7.1 Market Size and Forecast
7.3 Europe
7.3.1 Europe Market Size and Forecast, By Country
7.3.2 Europe Market Size and Forecast, By Component
7.3.3 Europe Market Size and Forecast, By Deployment Type
7.3.4 Europe Market Size and Forecast, By End-User
7.3.5 UK
7.3.5.1 Market Size and Forecast
7.3.6 Germany
7.3.6.1 Market Size and Forecast
7.3.7 France
7.3.7.1 Market Size and Forecast
7.3.8 Italy
7.3.8.1 Market Size and Forecast
7.3.9 Spain
7.3.9.1 Market Size and Forecast
7.3.10 Rest of Europe
7.3.10.1 Market Size and Forecast
7.4 Asia-Pacific
7.4.1 Asia-Pacific Market Size and Forecast, By Country
7.4.2 Asia-Pacific Market Size and Forecast, By Component
7.4.3 Asia-Pacific Market Size and Forecast, By Deployment Type
7.4.4 Asia-Pacific Market Size and Forecast, By End-User
7.4.5 India
7.4.5.1 Market Size and Forecast
7.4.6 China
7.4.6.1 Market Size and Forecast
7.4.7 Australia
7.4.7.1 Market Size and Forecast
7.4.8 Japan
7.4.8.1 Market Size and Forecast
7.4.9 South Korea
7.4.9.1 Market Size and Forecast
7.4.10 Rest of Asia-Pacific
7.4.10.1 Market Size and Forecast
7.5 South America
7.5.1 South America Market Size and Forecast, By Country
7.5.2 South America Market Size and Forecast, By Component
7.5.3 South America Market Size and Forecast, By Deployment Type
7.5.4 South America Market Size and Forecast, By End-User
7.5.5 Brazil
7.5.5.1 Market Size and Forecast
7.5.6 Rest of South America
7.5.6.1 Market Size and Forecast
7.6 RoW
7.6.1 RoW Market Size and Forecast, By Country
7.6.2 RoW Market Size and Forecast, By Component
7.6.3 RoW Market Size and Forecast, By End-User
7.6.4 Middle East
7.6.4.1 Market Size and Forecast
10.1.1 Africa
7.6.4.2 Market Size and Forecast

Chapter 9 Company Profiles
8.1 Algorithmica Technologies
8.2 ANDATA
8.3 Aspen Technology
8.4 Cisco
8.5 Elliptic Labs
8.6 EXPUTEC
8.7 General Electric
8.8 Honeywell International, Inc.
8.9 IntelliDynamics
8.10 LMI Technologies
8.11 Modelway
8.12 OSIsoft
8.13 Siemens
8.14 Schneider Electric
8.15 TACTILE MOBILITY

Virtual Sensors Market Key Players

• Algorithmica Technologies
• ANDATA
• Aspen Technology
• Cisco
• Elliptic Labs
• EXPUTEC
• General Electric
• Honeywell International, Inc.
• IntelliDynamics
• LMI Technologies
• Modelway
• OSIsoft
• Siemens
• Schneider Electric
• TACTILE MOBILITY