Press release
Sensor Market is expected to reach USD 266.27 billion | by Major Key Players: Qualcomm Technologies, Inc., Johnson controls international PLC, NXP semiconductors N.V., Infineon Technologies AG, Atmel Corporation, Texas instruments Inc., Robert Bosch GmbH,
Regionally, Asia Pacific accounted for the largest market share from countries such China, India, and Japan among others. The reason is attributed to growing demand for high technology adoption and growing electronic industry in the region. However, Asia Pacific is expected to grow over the forecast period, 2017-2023.
Furthermore, factors such as growing demand of smartphone and electronics equipment are helps to grow the market at fast pace. However, high cost of the sensor implanted devices are the factors hampering the growth of the overall market.
The global sensor market can be bifurcated as product type, technology, end-user, and region. Based on product type, the market is segmented into radar sensor, image sensor, optical sensor, biosensors, touch sensor, pressure sensor, temperature sensor, proximity sensor and displacement sensor, level sensor, motion and position sensor, humidity sensor, accelerometer and speed sensor others. Based on technology, the market is segmented into CMOS (Complementary metal–oxide–semiconductor), MEMS (Micro-Electro-Mechanical System) and NEMS (Nanoelectromechanical systems). The applications covered by the sensor include electronics, IT & telecommunication, industrial, automotive, aerospace & defense, healthcare. Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World.
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STMicroelectronics N.V.,
Hewlett Packard Enterprise Development LP,
Panasonic Corporation,
Qualcomm Technologies, Inc.,
Johnson controls international PLC,
NXP semiconductors N.V.,
Infineon Technologies AG,
Atmel Corporation,
Texas instruments Inc.,
Robert Bosch GmbH,
Sony Corporation,
Honeywell International, Inc.,
Taiwan Semiconductor Manufacturing Company Limited,
Volkswagen and Canon Inc.
The global Sensor Market is expected to reach approximately USD 266.27 billion by the end of 2023 with 11.60% CAGR during forecast period 2017-2023.
Segments
For the purpose of this study, Market Research Future has segmented the market of Sensor into product type, technology, end-users and region.
By Product Type
Analog Sensor
Digital Sensor
Radar sensor
Image sensor
Optical sensor
Biosensors
Touch sensor
Pressure sensor
Temperature sensor
Proximity sensor and displacement sensor
Level sensor
Motion and position sensor
Humidity sensor
Accelerometer and speed sensor
Others
By Technology
CMOS (Complementary metal–oxide–semiconductor)
MEMS (Micro-Electro-Mechanical System)
NEMS (Nanoelectromechanical systems)
By End-user
Electronics
IT & Telecommunication
Industrial
Automotive
Aerospace & Defense
Healthcare
By Region
North America
Europe
Asia-Pacific
Rest Of The World
Report Details @ https://www.marketresearchfuture.com/reports/sensor-market-4392
Intended Audience
• Device manufacturers
• Network Operators
• Mobile manufacturer
• Government Agencies
• Security Agencies
• End-user sectors
• Communication operators
• Defense
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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