Latest Report on Top 10 Sensors by MarketsandMarkets - PowerPoint PPT Presentation

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Latest Report on Top 10 Sensors by MarketsandMarkets

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According to the new market research report "Top 10 Sensors Market by Type (Pressure, Temperature, Image, Motion, Fingerprint, Level, Gas, Magnetic Field, Position, and Light), Technology, Application, End-User Industry, and Region - Global Forecast to 2022", – PowerPoint PPT presentation

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Date added: 4 June 2019
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Title: Latest Report on Top 10 Sensors by MarketsandMarkets


1
MarketsandMarkets Presents
Latest Report on Top 10 Sensors by
MarketsandMarkets 334 Pages Report The top 10
sensors market is expected grow at a significant
rate during the forecast period. The base year
used for this study is 2015, and the forecast
period considered is between 2016 and 2022.
2
Image sensor is used in several applications such
as consumer electronics, aerospace and defense,
and automotive sectors. The market for image
sensors is growing owing to the increasing
application base in which it is being
implemented. The availability of CMOS-enabled
cameras in smartphones has accelerated the growth
of the market for consumer electronics. The
penetration of image sensors in the healthcare
application is witnessing rapid growth for the
past few years. The market for pressure sensors
is expected to witness steady growth owing to the
utility of pressure sensors in various
industries. The major applications of pressure
sensors are in automotive, medical, industrial,
utility, consumer electronics, and oil and gas
industries. Of these, the automotive industry is
one of the prominent fields holding a promising
future for pressure sensors with a higher growth
rate than that of the overall parent market. The
market for fingerprint sensors is expected to
grow at the fastest rate in the top 10 sensors
market. Biometric technology is a part of mobile
security that provides secure access to mobile
devices as well as allows the validation of
e-commerce transactions. Biometric technology is
used not only for secured access but also for
mobile payments with the help of mobile payment
platforms such as Samsung Pay, Apple Pay, ZTE
Pay, Alipay, and WeChat Pay. This, in turn, has
increased the demand for fingerprint sensors in
smartphones. Fingerprint sensors are expected to
be widely used in other devices such as laptops,
tablets, wristbands, smartbands, USB flash
drives, hard disks, smartwatches, printers,
desktops, PDAs, mouses, and keyboards.
3
The consumer electronics application holds a
promising future for motion sensors with a faster
growth rate than that of the top 10 sensors
market. The demand for smartphones and tablets
not only helped the market grow in recent times
but would also help boost the market in the next
few years. The increase in demand for smartphones
and smart gadgets in consumer electronics as well
as gaming devices for the interactive gaming and
entertainment has played an important role in the
growth of the motion sensors market. The demand
for motion sensors in the automotive industry is
also expected to grow in the coming years as
motion sensors are used in airbags as well as
driver assistance systems of vehicles. Increasing
adoption of technological advances such as MEMS
has also played a crucial role in boosting demand
for motion sensors. Geographically, APAC
dominated the motion sensors market in
2015. Motion sensors are another sensor type
which promises huge opportunities for diverse
applications in the current era. The major
applications of motion sensors are in consumer
electronics, gaming and entertainment,
automotive, healthcare, and industrial segments.
The consumer electronics application holds a
promising future for motion sensors with a faster
growth rate than that of the overall parent
market. The demand for smartphones and tablets
not only helped the market grow in recent times
but would also help boost the market in the next
few years. Increasing adoption of technological
advances such as MEMS has also played a crucial
role in boosting demand for motion sensors.
4
The key manufacturers in the top 10 sensors
market include STMicroelectronics (Switzerland),
NXP Semiconductors N.V. (Netherlands), TE
Connectivity Ltd. (U.S.), Infineon Technologies
AG (Germany), Texas Instruments Incorporated
(U.S.), Robert Bosch GmbH (Germany), Analog
Devices, Inc. (U.S.), ams AG (Austria), Honeywell
International, Inc. (U.S.), Sensirion AG
(Switzerland), Knowles Electronics, LLC. (U.S.),
InvenSense, Inc. (U.S.), Omron Corporation
(Japan), ARM Holdings Plc. (U.K.), ABB Ltd.
(Switzerland), Emerson Electric Company (U.S.),
Siemens AG (Germany), Broadcom Limited (U.S.),
and Asahi Kasei Corporation (Japan). ContactMar
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