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Sensor Fusion Market

Sensor Fusion Market By Type (Radar Sensors, Image Sensors, IMU, Temperature Sensor, and Others), Technology (MEMS and Non MEMS), and Industry Vertical (Automotive, Healthcare, Consumer Electronics, Military & Defense, and Industrial): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13058
Pages: 307
Aug 2021 | 393 Views
   
Author(s) : Sachin Wankhede , Vineet Kumar
Tables: 121
Charts: 94
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Sensor Fusion Market Outlook – 2030 

The sensor fusion market size was valued at $3,546.2 million in 2020, and is projected to reach $19,837.9 million by 2030, registering a CAGR of 19.7% from 2021 to 2030. Sensor fusion is the combination of sensors to get more accurate and reliable information instead of getting them by individual sensors. When two or more sensors clubbed together to get an enhanced result is termed as sensor fusion. The sensor fusion overcomes the limitations of individual sensors by collecting and fusing data from various different sensors to produce more reliable information with less uncertainty. Such robust information is then used to make decisions or take certain actions.

The automotive segment impacted negatively, due to COVID-19.

The sensor fusion is increasingly used in various industry applications such as automotive, healthcare, consumer electronics, military & defense, and other industries. The global sensor fusion market share is expected to witness significant growth as the demand for these industries is on the rise. Sensor fusion finds applications in smartphones, tablets, vehicles, medical devices, and other industrial equipment.

Sensor-Fusion-Market-2021-2030

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Smartphones are equipped with various different sensors such as Inertial Measuring Unit (IMU) sensors, temperature sensors, light sensors, and others. Such sensors are used to determine different activities such as positioning, tracking, and recognition of various other activities. In healthcare, wearable devices uses sensor fusion in the form for accelerometers and gyroscopes. Advances in the miniaturization and power consumption of MEMS sensor devices and microcontrollers are enabling wearable sensor systems that can be used in a variety of medical environments.

Sensor Fusion Market
By Type

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IMU segment is projected to be the most lucrative segment

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Segment Overview

The sensor fusion market is analyzed on the basis of type, technology, industry vertical, and region. By type, the market is divided into radar sensor, image sensor, IMU, temperature sensor, and others. By technology, the market is divided into MEMS and non MEMS. By industry vertical, it is classified into automotive, healthcare, consumer electronics, military & defense, and industrial. By region, the market is studied across North America, Europe, Asia-Pacific and LAMEA.

Sensor Fusion Market
By Technology

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MEMS segment will dominate the market throughout the forecast period

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Competitive Analysis 

The key players operating in this market are Analog Devices Inc., NXP Semiconductor, Renesas Electronics Corporation, Bosch Sensortec GmbH, InvenSense, Inc., Infineon Technologies, STMicroelectronics, Asahi Kasei Microdevices, BASELABS, and Maxim Integrated. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, regional expansion, and collaboration, to enhance their market penetration.

Sensor Fusion Market
By Application

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Consumer Electronics segment will maintain the lead during 2021 - 2030

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COVID-19 Impact Analysis 

The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “new normal” that includes social distancing and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives and missed opportunities.

Sensor Fusion Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 21.2% during 2021 - 2030

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The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, reducing business confidence, hampering the supply chain, and increasing panic among customers. European countries under lockdown have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the sensor fusion market in 2020.

According to the sensor fusion market trends, the COVID-19 pandemic has severely impacted the manufacturing and industrial sectors as production facilities have stalled, which, in turn, leads to significant demand in industries. The emergence of COVID-19 has lowered the growth of the sensor fusion market in 2020. Nevertheless, the market is estimated to witness significant growth during the forecast period. 

Top Impacting Factors

Notable factors positively affecting the sensor fusion market growth include increase in sales of self-driving vehicles and rise in number of portable and wearable electronic devices. Electronic devices such as smartphones, and smartwatch, witnesses high demand. Further, increase in penetration of electric vehicles fuels the demand for sensor fusion industry. The miniaturization of the electronic components to save the space and design of compact electronic devices drives the growth of the market. Furthermore, rise in digitalization and increase in application of sensor fusion in robotics are expected to offer opportunities for the growth of the market in the coming years. 

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the sensor fusion market size along with the current trends and future estimations to depict imminent investment pockets.
  • The overall sensor fusion market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The present sensor fusion market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 
  • Porter’s five forces analysis illustrates the potency of the buyers and the market share of key vendors.
  • The report includes the market trends and competitive analysis of key vendors operating in the sensor fusion market.

Sensor Fusion Market Key Segments

By Type

  • Radar Sensors
  • Image Sensors
  • IMU
  • Temperature Sensor
  • Others

By Technology

  • MEMS
  • Non MEMS

By Industry Vertical

  • Automotive
  • Healthcare
  • Consumer Electronics
  • Military & Defense
  • Industrial

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • Analog Devices Inc. 
  • NXP Semiconductor 
  • Renesas Electronics Corporation 
  • Bosch Sensortec GmbH 
  • InvenSense Inc. 
  • Infineon Technologies 
  • STMicroelectronics 
  • Asahi Kasei Microdevices 
  • BASELABS 
  • Maxim Integrated
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top impacting factors
3.2.2.Top Investment Pockets

3.3.PORTER’S FIVE FORCES ANALYSIS
3.4.MARKET DYNAMICS

3.4.1.Drivers

3.4.1.1.Increasing Demand For Integrated Sensors In Smartphones
3.4.1.2.Growing Demand of ADAS System
3.4.1.3.Miniaturization of electronic components

3.4.2.Restraint

3.4.2.1.Lack of standardization in sensor fusion systems

3.4.3.Opportunities

3.4.3.1.Growing IoT and interconnected devices

3.5.COVID IMPACT

3.5.1.Impact on market size
3.5.2.End Use trends, preferences, and budget impact

CHAPTER 4:SENSOR FUSION MARKET, BY TYPE

4.1.OVERVIEW
4.2.RADAR SENSOR

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.IMAGE SENSOR

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.IMU

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.TEMPERATURE SENSOR

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.OTHERS

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

CHAPTER 5:SENSOR FUSION MARKET, BY TECHNOLOGY

5.1.OVERVIEW
5.2.MEMS

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.NON MEMS

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:SENSOR FUSION MARKET, BY INDUSTRY VERTICAL

6.1.OVERVIEW
6.2.AUTOMOTIVE

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.HEALTHCARE

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.CONSUMER ELECTRONICS

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.MILITARY & DEFENSE

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.INDUSTRIAL

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

CHAPTER 7:SENSOR FUSION MARKET, BY REGION

7.1.OVERVIEW
7.2.NORTH AMERICA

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by Type
7.2.3.Market size and forecast, by Technology
7.2.4.Market size and forecast, by Industry Vertical
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by Type
7.2.5.1.2.Market size and forecast, by Technology
7.2.5.1.3.Market size and forecast, by Industry Vertical

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by  Type
7.2.5.2.2.Market size and forecast, by Technology
7.2.5.2.3.Market size and forecast, by Industry Vertical

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by Type
7.2.5.3.2.Market size and forecast, by Technology
7.2.5.3.3.Market size and forecast, by Industry Vertical

7.3.EUROPE

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by Type
7.3.3.Market size and forecast, by Technology
7.3.4.Market size and forecast, by Industry Vertical
7.3.5.Market analysis, by country

7.3.5.1.Germany

7.3.5.2.Market size and forecast, by Type
7.3.5.3.Market size and forecast, by Technology
7.3.5.3.1.Market size and forecast, by Industry Vertical

7.3.5.2.UK

7.3.5.4.1.Market size and forecast, by Type
7.3.5.4.2.Market size and forecast, by Technology
7.3.5.4.3.Market size and forecast, by Industry Vertical

7.3.5.2.France

7.3.5.5.1.Market size and forecast, by Type
7.3.5.5.2.Market size and forecast, by Technology
7.3.5.5.3.Market size and forecast, by Industry Vertical

7.3.5.4.Italy

7.3.5.6.1.Market size and forecast, by Type
7.3.5.6.2.Market size and forecast, by Technology
7.3.5.6.3.Market size and forecast, by Industry Vertical

7.3.5.5.Rest of Europe

7.3.5.7.1.Market size and forecast, by Type
7.3.5.7.2.Market size and forecast, by Technology
7.3.5.7.3.Market size and forecast, by Industry Vertical

7.4.ASIA-PACIFIC

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by Type
7.4.3.Market size and forecast, by Technology Source: AMR Analysis
7.4.4.Market size and forecast, by Industry Vertical
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by Type
7.4.5.1.2.Market size and forecast, by Technology
7.4.5.1.3.Market size and forecast, by Industry Vertical

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by  Type
7.4.5.2.2.Market size and forecast, by  Technology
7.4.5.2.3.Market size and forecast, by Industry Vertical

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by Type
7.4.5.3.2.Market size and forecast, by Technology
7.4.5.3.3.Market size and forecast, by Industry Vertical

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by Type
7.4.5.4.2.Market size and forecast, by Technology
7.4.5.4.3.Market size and forecast, by Industry Vertical

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by Type
7.4.5.5.2.Market size and forecast, by Technology
7.4.5.5.3.Market size and forecast, by Industry Vertical

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by Type
7.5.3.Market size and forecast, by Technology
7.5.4.Market size and forecast, by Industry Vertical
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by Type
7.5.5.1.2.Market size and forecast, by Technology
7.5.5.1.3.Market size and forecast, by Industry Vertical

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by  Type
7.5.5.2.2.Market size and forecast, by  Technology
7.5.5.2.3.Market size and forecast, by Industry Vertical

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by Type
7.5.5.3.2.Market size and forecast, by Technology
7.5.5.3.3.Market size and forecast, by Industry Vertical

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.INTRODUCTION

8.1.1.MARKET PLAYER POSITIONING, 2020

8.2.TOP WINNING STRATEGIES

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

8.3.COMPETITIVE DASHBOARD
8.4.COMPETITIVE HEATMAP
8.5.PRODUCT MAPPING

CHAPTER 9:COMPANY PROFILES

9.1.ANALOG DEVICES INC.

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments

9.2.ASAHI KASEI CORP. (ASAHI KASEI MICRODEVICES)

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D expenditure
9.2.7.Business performance

9.3.CEVA, INC. (HILLCREST LABORATORIES, INC.)

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.R&D expenditure
9.3.7.Business performance

9.4.INFINEON TECHNOLOGIES AG

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments

9.5.MAXIM INTEGRATED PRODUCTS, INC.

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D expenditure
9.5.7.Business performance

9.6.NXP SEMICONDUCTORS N.V.

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.R&D expenditure
9.6.7.Business performance
9.6.8.Key strategic moves and developments

9.7.RENESAS ELECTRONICS CORPORATION

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.R&D expenditure
9.7.7.Business performance
9.7.8.Key strategic moves and developments

9.8.ROBERT BOSCH GMBH (BOSCH SENSORTEC GMBH)

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments

9.9.STMICROELECTRONICS N.V.

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.9.8.Key strategic moves and developments

9.10.TDK CORPORATION (INVENSENSE INC.)

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.R&D expenditure
9.10.7.Business performance
9.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.SENSOR FUSION MARKET SHARE FOR RADAR SENSOR, BY REGION, 2020-2030 ($MILLION)
TABLE 02.SENSOR FUSION MARKET SHARE, FOR IMAGE SENSOR, BY REGION 2020-2030 ($MILLION)
TABLE 03.SENSOR FUSION MARKET SHARE, FOR IMU, BY REGION 2020-2030 ($MILLION)
TABLE 04.SENSOR FUSION MARKET SHARE, FOR TEMEPERATURE SENSOR, BY REGION 2020-2030 ($MILLION)
TABLE 05.SENSOR FUSION MARKET SHARE, FOR OTHERS, BY REGION 2020-2030 ($MILLION)
TABLE 06.SENSOR FUSION MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 07.SENSOR FUSION MARKET FOR MEMS, BY REGION, 2020–2030 ($MILLION)
TABLE 08.SENSOR FUSION MARKET FOR NON MEMS, BY REGION, 2020–2030 ($MILLION)
TABLE 09.SENSOR FUSION MARKET FOR AUTOMOTIVE, BY REGION 2020-2030 ($MILLION)
TABLE 10.SENSOR FUSION MARKET FOR HEALTHCARE, BY REGION 2020-2030 ($MILLION)
TABLE 11.GLOBAL SENSOR FUSION MARKET FOR CONSUMER ELECTRONICS, BY REGION 2020-2030 ($MILLION)
TABLE 12.GLOBAL SENSOR FUSION MARKET FOR MILITARY & DEFENSE, BY REGION 2020-2030 ($MILLION)
TABLE 13.GLOBAL SENSOR FUSION MARKET FOR INDUSTRIAL, BY REGION 2020-2030 ($MILLION)
TABLE 14.SENSOR FUSION MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA SENSOR FUSION MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 18.SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 19.U.S. SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 20.U.S. SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 21.CANADA SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 22.CANADA SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 23.CANADA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 24.MEXICO SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 25.MEXICO SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 26.MEXICO SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 27.EUROPE SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 28.EUROPE SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 29.EUROPE SENSOR FUSION MARKET, BY INDUSTRY VERTICAL,  2020-2030 ($MILLION)
TABLE 30.GERMANY SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 31.GERMANY SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 32.GERMANY SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 33.UK SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 34.UK SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 35.UK SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 36.FRANCE SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 37.FRANCE SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 38.FRANCE SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 39.ITALY SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 40.ITALY SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 41.ITALY SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 42.REST OF EUROPE SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 43.REST OF EUROPE SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 44.REST OF EUROPE SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 45.ASIA PACIFIC SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 46.ASIA PACIFIC SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 47.ASIA PACIFIC SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 48.CHINA SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 49.CHINA SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 50.CHINA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030  ($MILLION)
TABLE 51.JAPAN SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 52.JAPAN SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 53.JAPAN SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 54.INDIA SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 55.INDIA SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 56.INDIA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 57.SOUTH KOREA SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 58.SOUTH KOREA SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 59.SOUTH KOREA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 63.LAMEA SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 64.LAMEA SENSOR FUSION MARKET, BY TECHNOLGY, 2020-2030 ($MILLION)
TABLE 65.LAMEA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 66.LATIN AMERICA SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 67.LATIN AMERICA SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 68.LATIN AMERICA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 69.MIDDLE EAST SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 70.MIDDLE EAST SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 71.MIDDLE EAST SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 72.AFRICA  SENSOR FUSION MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 73.AFRICA  SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 74.AFRICA SENSOR FUSION MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 75.ANALOG DEVICES, INC.:KEY EXECUTIVES
TABLE 76.ANALOG DEVICES, INC.: COMPANY SNAPSHOT
TABLE 77.ANALOG DEVICES, INC.: OPERATING SEGMENTS
TABLE 78.ANALOG DEVICES, INC.: PRODUCT PORTFOLIO
TABLE 79.ANALOG DEVICES, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 80.ASAHI KASEI CORPORATION:KEY EXECUTIVES
TABLE 81.ASAHI KASEI CORPORATION: COMPANY SNAPSHOT
TABLE 82.ASAHI KASEI CORPORATION: OPERATING SEGMENTS
TABLE 83.ASAHI KASEI MICRODEVICES: PRODUCT PORTFOLIO
TABLE 84.CEVA, INC.:KEY EXECUTIVES
TABLE 85.CEVA, INC.: COMPANY SNAPSHOT
TABLE 86.CEVA, INC.: OPERATING SEGMENTS
TABLE 87.HILLCREST LABORATORIES, INC.: PRODUCT PORTFOLIO
TABLE 88.INFINEON TECHNOLOGIES AG:KEY EXECUTIVES
TABLE 89.INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 90.INFINEON TECHNOLOGIES AG: OPERATING SEGMENTS
TABLE 91.INFINEON TECHNOLOGIES AG: PRODUCT PORTFOLIO
TABLE 92.INFINEON TECHNOLOGIES AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 93.MAXIM INTEGRATED PRODUCTS, INC.:KEY EXECUTIVES
TABLE 94.MAXIM INTEGRATED PRODUCTS, INC.: COMPANY SNAPSHOT
TABLE 95.MAXIM INTEGRATED PRODUCTS, INC.: OPERATING END MARKETS
TABLE 96.MAXIM INTEGRATED PRODUCTS, INC.: PRODUCT PORTFOLIO
TABLE 97.NXP SEMICONDUCTORS N.V.:KEY EXECUTIVES
TABLE 98.NXP SEMICONDUCTORS N.V.: COMPANY SNAPSHOT
TABLE 99.NXP SEMICONDUCTORS N.V.: OPERATING SEGMENTS
TABLE 100.NXP SEMICONDUCTORS N.V.: PRODUCT PORTFOLIO
TABLE 101.NXP SEMICONDUCTORS N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102.RENESAS ELECTRONICS CORPORATION:KEY EXECUTIVES
TABLE 103.RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT
TABLE 104.RENESAS ELECTRONICS CORPORATION: OPERATING SEGMENTS
TABLE 105.RENESAS ELECTRONICS CORPORATION: PRODUCT PORTFOLIO
TABLE 106.RENESAS ELECTRONICS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107.ROBERT BOSCH GMBH:KEY EXECUTIVES
TABLE 108.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 109.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 110.BOSCH SENSORTEC GMBH: PRODUCT PORTFOLIO
TABLE 111.ROBERT BOSCH GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112.STMICROELECTRONICS N.V.:KEY EXECUTIVES
TABLE 113.STMICROELECTRONICS N.V.: COMPANY SNAPSHOT
TABLE 114.STMICROELECTRONICS N.V.: OPERATING SEGMENTS
TABLE 115.STMICROELECTRONICS N.V.: PRODUCT PORTFOLIO
TABLE 116.STMICROELECTRONICS N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 117.TDK CORPORATION:KEY EXECUTIVES
TABLE 118.TDK CORPORATION: COMPANY SNAPSHOT
TABLE 119.TDK CORPORATION: OPERATING SEGMENTS
TABLE 120.INVENSENSE, INC.: PRODUCT PORTFOLIO
TABLE 121.TDK CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTATION
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANT
FIGURE 08.LOW TO MODERATE THREAT OF SUBSTITUTION
FIGURE 09.MODERATE TO HIGH INDUSTRIAL RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.SENSOR FUSION MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 12.SENSOR FUSION MARKET SHARE, BY TYPE, 2020–2030 ($MILLION)
FIGURE 13.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR RADAR SENSOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR IMAGE SENSOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR IMU, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR TEMPERATURE SENSOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.SENSOR FUSION MARKET, BY TECHNOLOGY, 2020-2030
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SENSOR FUSION MARKET FOR MEMS, BY COUNTRY, 2020 & 2030(%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SENSOR FUSION MARKET FOR NON MEMS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.SENSOR FUSION MARKET SHARE, BY INDUSTRY VERTICAL, 2020-2030 (%)
FIGURE 22.SENSOR FUSION MARKET SHARE, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR HEALTHCARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR CONSUMER ELECTRONICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR MILITARY & DEFENSE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS SENSOR FUSION MARKET FOR INDUSTRIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.SENSOR FUSION MARKET, BY REGION, 2020-2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SENSOR FUSION MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 30.SENSOR FUSION MARKET, 2020–2030 ($MILLION)
FIGURE 31.CANADA SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 32.MEXICO SENSOR FUSION MARKET, 2020–2030 ($MILLION)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF EUROPE SENSOR FUSION MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 34.GERMANY SENSOR FUSION MARKET, 2020–2030 ($MILLION)
FIGURE 35.UK SENSOR FUSION MARKET, 2020–2030 ($MILLION)
FIGURE 36.FRANCE CHIPRESISTOR MARKET, 2020–2028 ($MILLION)
FIGURE 37.ITALY SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 38.REST OF EUROPE SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 39.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SENSOR FUSION MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 40.CHINA SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 41.JAPAN SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 42.INDIA SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 43.SOUTH KOREA SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 45.COMPARATIVE SHARE ANALYSIS OF LAMEA SENSOR FUSION MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 46.LATIN AMERICA SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 47.MIDDLE EAST SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 48.AFRICA SENSOR FUSION MARKET, 2020-2030 ($MILLION)
FIGURE 49.MARKET PLAYER POSITIONING, 2020
FIGURE 50.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 51.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 52.TOP WINNING STRATEGIES, BY COMPANY, 2018–2020
FIGURE 53.COMPETITIVE DASHBOARD
FIGURE 54.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 55.PRODUCT MAPPING OF KEY PLAYERS

FIGURE 56.ANALOG DEVICES, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 57.ANALOG DEVICES, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 58.ANALOG DEVICES INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 59.ANALOG DEVICES, INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 60.ASAHI KASEI CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 61.ASAHI KASEI CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 62.ASAHI KASEI CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63.ASAHI KASEI CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 64.CEVA, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 65.CEVA, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 66.CEVA, INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 67.INFINEON TECHNOLOGIES AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 68.INFINEON TECHNOLOGIES AG: REVENUE, 2018–2020 ($MILLION)
FIGURE 69.INFINEON TECHNOLOGIES AG: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 70.INFINEON TECHNOLOGIES AG: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 71.MAXIM INTEGRATED PRODUCTS, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 72.MAXIM INTEGRATED PRODUCTS, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 73.MAXIM INTEGRATED PRODUCTS, INC.: REVENUE SHARE BY END MARKETS, 2019 (%)
FIGURE 74.MAXIM INTEGRATED PRODUCTS, INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 75.NXP SEMICONDUCTORS N.V.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 76.NXP SEMICONDUCTORS N.V.: REVENUE, 2018–2020 ($MILLION)
FIGURE 77.NXP SEMICONDUCTORS N.V.: REVENUE SHARE, BY END MARKET, 2020 (%)
FIGURE 78.NXP SEMICONDUCTORS N.V.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 79.RENESAS ELECTRONICS CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 80.RENESAS ELECTRONICS CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 81.RENESAS ELECTRONICS CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 82.RENESAS ELECTRONICS CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 83.ROBERT BOSCH GMBH: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 84.ROBERT BOSCH GMBH: REVENUE, 2018–2020 ($MILLION)
FIGURE 85.ROBERT BOSCH GMBH: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 86.ROBERT BOSCH GMBH: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 87.STMICROELECTRONICS N.V.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 88.STMICROELECTRONICS N.V.: REVENUE, 2018–2020 ($MILLION)
FIGURE 89.STMICROELECTRONICS N.V.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 90.STMICROELECTRONICS N.V.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 91.TDK CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 92.TDK CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 93.TDK CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 94.TDK CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The sensor fusion market is witnessing significant growth, owing to increase in sales of consumer electronic devices, automobiles, and medical devices. Sensor fusion increases the level of certainty by reducing the noise level by looking at various data sources simultaneously. It fetches data from multiple cameras, ultrasonic sensors, radar sensors, and different types of sensors. The sensor fusion algorithm analyzes the environment and produces a robust representation of objects. The market is consolidated with the presence of several market players, emerging players, startups, and others.

Rise in demand for autonomous vehicles, miniaturization of the electronics components, and surge in the growth of the consumer electronics market drive the growth of the sensor fusion market. In addition, market growth is driven by the increase in demand of the integrated sensors in the smartphones, wearable devices, and medical devices supporting toward the growth of the sensor fusion market.

Further, the advanced commercial off-the-shelf (COTS) microprocessors and high-speed wireless data networking have made sensor fusion even more feasible for a broad variety of military and aerospace applications. Thus contributing toward the growth of the sensor fusion market. The use of sensor fusion in robotics and other AI based technology products further boost the market for the sensor fusion.

The sensor fusion market provides numerous growth opportunities to players such as STMicroelectronics, NXP Semiconductor, Infineon Technologies and others.

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A. The Sensor Fusion Market is estimated to grow at a CAGR of 19.7% from 2021 to 2030.

A. The Sensor Fusion Market is projected to reach $19,837.9 million by 2030.

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A. Increase in sales of self-driving vehicles and rise in number of portable and wearable electronic devices etc. boost the Sensor Fusion market growth.

A. The key players profiled in the report include Analog Devices Inc., NXP Semiconductor, Bosch Sensortec GmbH, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Sensor Fusion Market is segmented on the basis of type, technology, industry vertical, and region.

A. The key growth strategies of Sensor Fusion market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. IMU segment would grow at a highest CAGR of 20.6% during the forecast period.

A. North America region will dominate the market by the end of 2030.

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