Press release
Sensor Fusion Market Size and Forecast to Grow at a CAGR of 19.3% By 2025
This report presents the worldwide Sensor Fusion market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Sensor fusion means combining two or more sensors into one single system.
This report studies the Sensor Fusion System market, Sensor fusion is combining of sensory data or data derived from disparate sources such that the resulting information has less uncertainty than would be possible when these sources were used individually.
North America is the largest production of Sensor Fusion, with a production value market share nearly 32.84% in 2016. The second place is Europe; following North America with the production value market share over 31.51% in 2016. Asia is another important production market of Sensor Fusion.
The Sensor Fusion market was valued at 2240 Million US$ in 2017 and is projected to reach 9190 Million US$ by 2025, at a CAGR of 19.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sensor Fusion.
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The following manufacturers are covered in this report:
Invensense
Stmicroelectronics
NXP Semiconductors
Bosch Sensortec
Kionix
Analog Devices
Renesas Electronics
Hillcrest Labs
Microchip technologies
Senion
Baselabs
Memsic
Sensor Fusion Breakdown Data by Type
Inertial Combo Sensors Type
Radar + Image Sensors Type
Environmental Sensors Type
IMU +GPS Type
Others
Sensor Fusion Breakdown Data by Application
Consumer Electronics
Automotive
Military Application
Environmental Controlling
Robotics
Others
Sensor Fusion Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Other Regions
Sensor Fusion Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Sensor Fusion status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Sensor Fusion manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Sensor Fusion :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sensor Fusion market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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