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.
Major Key Players
- Cummins, Inc. (U.S.)
- MEMSIC, Inc. (U.S.)
- Analog device, Inc. (U.S.)
- Microchip technologies Inc. (U.S.)
- Baselabs (Germany)
- Senion (Sweden)
- NXP Semiconductor N.V. (Netherlands)
- Renesas electronics Corporation (Japan)
- Kionix, Inc. (Japan)
- Robert Bosch GmbH (Germany)
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- Sensor manufacturers
- Investment firms
- Suppliers and distributors
- Government Agencies
Sensor Fusion Market:
Sensor Fusion is a process where multiple data generated from various sensors fused together to compute more accurate and more complete information for the industries. The sensor fusion market is expected to gain huge traction from various application areas including consumer electronics and automotive. The driver assistance systems are supporting the growth of automotive sector of sensor fusion market.
The technologies such as MEMS and non-MEMS offer high growth prospective in various application sectors such as consumer electronics, automotive, military, medical, and robotics among others.
Taste the market data and market information presented through more than 100 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Sensor Fusion Market Research Report- Global Forecast to 2022“
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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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Market Research Analysis:
The growing advancement of sensor technology in smartphones and tablets is developing profitable environment of sensor designers and manufacturers. In the coming years, it is expected that the Sensor Fusion market will advance with higher growth rate as compared to previous years. Also, growing demand and high usage of technically upgraded robots by automotive industries is improving the market growth in upcoming years. The current challenges for the market are lack of security standards and changing mobility environment due to lack of robustness which is thereby hampering the market growth.
6. Global Sensor Fusion Market: By Types of sensors
6.2. Market Sub-segments
6.2.2. Capacitive sensors
6.2.3. Pressure sensors
11. Company profile
11.1 NXP Semiconductor N.V. (Netherlands)
11.1.1. Company Overview
11.1.2. Product/Business Segment Overview
11.1.4. Key Developments
11.2 Kionix, Inc. (Japan)
11.2.1. Company Overview
11.2.2. Product/Business Segment Overview
11.2.4. Key Developments
11.3 Robert Bosch GmbH (Germany)
11.3.1. Company Overview
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