Title: Sensor Fusion Market worth 6.35 Billion USD by 2022
1MarketsandMarkets 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.
2About 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, radarimage sensors,
IMUGPS, 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.
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4Inside 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.
5Table 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
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7 Download Free Sample Pages - http//www.marketsa
ndmarkets.com/pdfdownload.asp?id71637844 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.
8Company 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).
9Summary
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 Mobileyes EyeQ 5
system-on-chip, to be used as a central computer
performing sensor fusion for fully Autonomous
Driving (FAD) vehicles from 2020.
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