Sensor Fusion Market, by Application (Military, Consumer
electronics, Automotive, Robotics), by Sensor Type (Image, Radar, Touch,
Temperature, Pressure, Capacitive), by Technology (MEMS, Non-MEMS) - Forecast
2022
Segments for Sensor Fusion Market:
Global Sensor Fusion Market can be
segmented on the basis of types of sensors which comprises of accelerometer,
capacitive sensors, pressure sensors, temperature sensors, touch sensors, radar
sensors, and image sensors among others. On the basis of technology the market
is segmented into MEMS and non-MEMS technology. Furthermore, based on
applications the market is segmented into consumer electronics, automotive,
medical, military, and robotics among others.
Market Synopsis of Sensor Fusion Market:
Market Scenario:
Globally the market for
sensor fusion is increasing rapidly. The major factor that drives the growth of
the market includes increasing adoption of sensor fusion in consumer
electronics such as smartphones, and wearable devices, rising home automation
applications, and growing advanced driver assistance system market in
automotive industry among others.
Globally the market for
Sensor Fusion is expected to grow at the rate of around ~19% from 2016 to 2022.
Key Players for Sensor Fusion Market:
Some of the major players in Sensor Fusion Market
include NXP Semiconductor N.V. (Netherlands),
Kionix, Inc. (Japan), Robert Bosch GmbH (Germany), Cummins, Inc. (U.S.),
Renesas electronics Corporation (Japan), MEMSIC, Inc. (U.S.), Analog device,
Inc. (U.S.), Senion (Sweden), Microchip technologies Inc. (U.S.) and Baselabs
(Germany) among others.
Regional Analysis of Sensor Fusion Market:
North America is dominating the
Global Sensor Fusion Market with the largest market share in the
region due to presence of automotive major players and growing technological
advancement in the region and therefore is expected to have high market growth
by 2022. Sensor Fusion Market in Asia-Pacific region is
expected to grow at high rate between the forecast period 2016 and 2022 due to
high demand of sensor fusion from consumer electronics sector arising from
emerging countries in this region including India, China, Singapore, and
Malaysia among others.
Target Audience:
- Sensor manufacturers
- Research
- Investment firms
- Industrial
- Suppliers and distributors
- Government Agencies
Study Objective of Sensor Fusion Market:
- To provide detailed analysis of
the market structure along with forecast for the next five years of the
various segments and sub-segments of the global Sensor Fusion
- To provide insights about
factors affecting the market growth.
- To analyze the Sensor Fusion Market
based on various factors- porters five force analysis, mega trend
analysis, macroeconomic indicators etc.
- To provide historical and
forecast revenue of the market segments and sub-segments with respect to
four main geographies and their countries- North America, Europe, Asia,
and Rest of the World (ROW).
- To provide country level
analysis of the market with respect to the current market size and future
prospective.
- To provide country level
analysis of the market for segment by types of sensor, by technology, by
application and sub-segments.
- To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market
- To track and analyze
competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global Sensor Fusion
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