Press release
THE GLOBAL SENSOR HUB MARKETWAS VALUED AT USD 9.56 BILLION IN 2016 AND IS PROJECTED TO REACH USD 44.6BILLION BY 2025, GROWING AT A CAGR OF 18.67% FROM 2017 TO 2025 TOP KEY PLAYERS ARE ROBERT BOSCH GMBH ,MICROCHIP TECHNOLOGY INC. , TEXAS INSTRUMENTS INCORP
A sensor hub is a microcontroller unit/coprocessor/DSP that helps to integrate data from different sensors and process them. This technology can help off-load these jobs from a product's main central processing unit, thus saving battery consumption and providing a performance improvement.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Demand for low power generating solutions
1.2 Increasing use of integrated sensors in smart phones
1.3 Growing applications of 6-Axis and 9-Axis Sensor Solutions Or Use of Sensor Fusion Within Devices
2. Market Restraints
2.1 Complicated Debugging Field Issues
Market Segmentation:
1. Global Sensor Hub Market, by End-Use Application:
1.1 Telecommunications
1.2 Military
1.3 Healthcare
1.4 Consumer Electronics
1.5 Automotive
1.6 Industrial
2. Global Sensor Hub Market, by Processor Type:
2.1 Application Sensor Processor
2.2 Discrete Sensor Processor
2.3 Sensor Integrated Microcontroller
3. Global Sensor Hub Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
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Competitive Landscape:
The major players in the market are as follows:
1. Analog Devices, Inc.
2. Robert Bosch GmbH
3. Microchip Technology Inc.
4. Texas Instruments Incorporated
5. Stmicroelectronics N.V.
6. NXP Semiconductors N.V.
7. Invensense, Inc.
8. Rohm Co., Ltd.
9. Intel Corporation
10. Infineon Technologies AG
11. Memsic, Inc.
12. Broadcom Limited
13. Qualcomm Technologies, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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