Global Sensor Fusion Market Analysis And Segment Forecasts To 2022

According to Stratistics MRC, the Global Sensor Fusion Market is valued at $2.14 billion in 2015 and is expected to reach $6.34 billion by 2022 growing at a CAGR of 16.7% from 2015 to 2022. The extensive use of fusion technology in consumer electronics devices for various applications favours the sensor fusion market growth. The surfacing of sensor fusion technology is a trend that acts as a key role in the expansion of this market. However, dearth of standardization and harmonization process of the MEMS sensor and related software is hampering the market.

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The consumer electronics and automotive applications captured the larger share of the market. However, home automation application is anticipated to grow at the highest CAGR during the forecast period, followed by the automotive application. The APAC region accounted for the largest market share and is anticipated to grow at the highest rate due to massive demand for consumer electronics and automobiles from countries such as China, India, Japan, South Korea, and among others.

Some of the key players in the market include Stmicroelectronics, Analog Devices, Inc., Asahi Kasei Microdevices Corp., Baselabs GmbH, Bosch Sensortec GmbH, Hillcrest Labs., Invensense, Inc., Kionix, Inc., Memsic, Inc., NXP Semiconductors N.V., Renesas Electronics Corp. and Senion.

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Applications Covered:
Automotive
Advanced Driver Assisted Systems
Parking Assist System
Electronic Stability Control
Collision Avoidance Systems
Military
Unmanned Aerial Vehicles (UAVS)
Adaptable Navigation Systems (ANS)
Industrial
Consumer Electronics
Smartphones
Tablets and Notebooks
Gaming Consoles
Wearable Devices
Smart Tv
Medical
Non-Wearable Heath Devices
Wearable Health Devices
Home Automation
Remote Controls
Environmental Controlling
Others
Other Applications
Agriculture
Education and Research
Product Types Covered:
Radar + Image Sensors
IMU + GPS
Inertial Combo Sensors
Accelerometers + Magnetometers
Accelerometers + Gyroscopes
12-Axis (3-Axis Gyroscope, 3-Axis Accelerometer, 3-Axis Magnetometer, Light Sensor, Temperature Sensor, & Pressure Sensor)
9-Axis (3-Axis Gyroscope, 3-Axis Accelerometer, & 3-Axis Magnetometer)
Temperature Sensors + Pressure Sensors + Humidity/Light/Gas Sensors
Other Products

Technologies Covered:
Non-Mems
Mems

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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