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Sensor Fusion Market worth 6.35 Billion USD by 2022

The sensor fusion market has a huge potential across consumer electronics and automotive applications. The major factor driving the sensor fusion market across the world is the increasing demand for consumer electronic devices such as smartphones, wearable devices, gaming consoles, and smart TVs. The growth of the sensor fusion is also driven by growing trend of miniaturization in electronics.

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Sensor Fusion Market worth 6.35 Billion USD by 2022

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  1. MarketsandMarkets Presents Publishing Date: August 2015 Sensor Fusion Market worth 6.35 Billion USD by 2022 , at a CAGR of 19.25% from 2016 and 2022 by Geography is estimated to be the largest market.

  2. About our Report • The sensor fusion market is expected to be worth USD 6.35 Billion by 2022, growing at a CAGR of 19.25% between 2016 and 2022. This report provides a detailed analysis of the sensor fusion market on the basis of technology, product type, end-use application, and geography. • Sensor fusion technique intelligently combines multiple sensor data to provide information which cannot be determined from the individual sensor. Under the sensor fusion technology segment, MEMS and Non-MEMS technology has been covered in this report, while the product type segment includes inertial combo sensors, radar+image sensors, IMU+GPS, and temperature sensors+ pressure sensors+ humidity/ light sensors/ gas sensors. • To estimate the size of the sensor fusion market, top-down and bottom-up approaches have been considered in the study.

  3. Inside of Report Browse: • 72 market data tables. • 52 figures spread through 179 pages. • in-depth TOC on “Sensor Fusion Market - Global Forecast to 2022.” • The APAC region held the largest share of the sensor fusion market in 2015. One of the main reasons for the large share of APAC in this market is the growing demand for consumer electronic devices such as smartphones, tablets, and wearable devices in the region. • China is the major market for sensor fusion in the APAC region owing to the increasing demand for consumer electronics products such as smart phones, tablets, wearables and gaming consoles in the country. China is the worlds largest automotive manufacturer, which is one of the prospective applications of sensor fusion for active safety in automobiles.

  4. Table of Content 1 Introduction (Page No. - 16) 1.1 Objectives of the Study 1.2 Market Definition 1.2.1 Markets Covered 1.3 Market Scope 1.4 Geographic Scope 1.4.1 Years Considered for the Study 1.5 Currency 1.6 Limitation 1.7 Stakeholders . . . 13 Appendix (Page No. - 181)     13.1 Insights of Industry Experts      13.2 Discussion Guide      13.3 Introducing RT: Real-Time Market Intelligence      13.4 Available Customizations      13.5 Related Reports

  5. Download Free Sample Pages :- http://www.marketsandmarkets.com/pdfdownload.asp?id=71637844 The extensive use of fusion technology in consumer electronics devices for application such as navigation, optical image stabilisation, gesture recognition, orientation and position detection, activity tracking and others support the growth of sensor fusion market.

  6. Company Coverage • STMicroelectronics (Switzerland) • NXP Semiconductors N.V. (Netherlands) • Renesas Electronics Corporation (Japan) • InvenSense, Inc. (U.S.) • Bosch Sensortec GmbH (Germany) • Hillcrest labs (U.S.) • Kionix Inc. (U.S.) • Senion (Sweden) • BASELABS (Germany) • Asahi Kasei Microdevices (Japan).

  7. Summary STMicroelectronics (Switzerland) is among the leaders in the sensor fusion market. The company strategically focuses on two major markets smart driving and Internet of Things for revenue. The company provides integrated motion sensors. In addition to this, the company also offers software modules for sensor fusion system. The company has primarily focused on new product development and new product launch strategy to expand its presence in the market. For instance, STMicroelectronics along with Mobileye (Israel) are co-developing Mobileye’s EyeQ 5 system-on-chip, to be used as a central computer performing sensor fusion for fully Autonomous Driving (FAD) vehicles from 2020.

  8. Get detail of this Report ? We at MarketsandMarkets, are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. For More Information :- http://www.marketsandmarkets.com/Market-Reports/sensor-fusion-market-71637844.html Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.com

  9. Thank You

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