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Sensor Fusion Market is expected to reach 6.35 Billion USD by 2022 PowerPoint PPT Presentation


The market for the non-MEMS technology-based sensors is expected to grow at the highest rate. This high growth can be attributed to the growing need for the non- MEMS technology-based sensors such as radar and image in automobiles safety system such as ADAS.

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Sensor fusion market is expected to reach 6 35 billion usd by 2022

MarketsandMarkets

Sensor Fusion Market

worth 6.35 Billion USD

by 2022

Speech & Voice Recognition Market

Technology & Product - 2022

July 2016


Sensor fusion market is expected to reach 6 35 billion usd by 2022

Sensor Fusion Market worth 6.35 Billion USD by 2022

According to the new market research report "Sensor Fusion Market by Technology

(MEMS, Non-MEMS), Products (Inertial Combo Sensors, Radar+Image Sensors,

IMU+GPS, Temperature Sensors+ Presure Sensors+ Humidity/ Light/ Gas Sensors),

Application, and Geography - Global Forecast to 2022", 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. 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.

Download Informational PDF Brochure :-

http://www.marketsandmarkets.com/pdfdownload.asp?id=71637844

Browse 72 market data Tables and 52 Figures spread through 179 Pages and in-depth

TOC on "Sensor Fusion Market - Global Forecast to 2022"

The market for the home automation segment is expected to grow at the highest rate

between 2016 and 2022

The market for home automation segment is expected to grow at the highest CAGR between

2016 and 2022. The sensor fusion technology is used for controlling and monitoring

purposes in home automation application using different sensor data such as light control, in-

house environment control, automatic appliance control, and security purpose. The

considerable growing demand for home automation devices around the world is expected to

boost the sensor fusion market.

The market for the non-MEMS technology-based sensors would grow at the highest

CAGR between 2016 and 2022

The market for the non-MEMS technology-based sensors is expected to grow at the highest

rate. This high growth can be attributed to the growing need for the non- MEMS technology-

based sensors such as radar and image in automobiles safety system such as ADAS.

APAC to hold the largest size of the sensor fusion market

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


Sensor fusion market is expected to reach 6 35 billion usd by 2022

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.

The companies that are profiled in the report are 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), and Asahi Kasei Microdevices (Japan).

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