Sunday, 4 March 2018

Sensor Fusion Market to Record an Exponential CAGR by 2023

Sensor Fusion Market investigation reports give a significant wellspring of quick information for business strategists and focused examination. It furnishes the Sensor Fusion business review with development investigation and cutting edge cost, income, Demand and supply information. Real Manufacturers Analysis of Sensor Fusion Market

The Global Sensor Fusion Market is accounted for $1.77 billion in 2016 and expected to grow at a CAGR of 23.7% to reach $7.85 billion by 2023.The increasing demand for integrated sensors in smart phones, miniaturization in electronics, demand for advanced driver assistance systems (ADAS) are boosting the market growth. Lack of Standardization in Mems & Sensor Fusion Systems and complexity of sensor fusion algorithms are hampering the market growth. Moreover, sensor fusion applications using context awareness systems & IOT and growing demand for wearable devices are providing ample opportunity.

Based on technology, Non-MEMS technology based solutions are widely adopted due to increasing demand for image and radar based products in automotive safety systems. The development of Solid-State Hybrid Lidar (SH Lidar) was a breakthrough from the traditional mechanical mechanism of single Lidar technology.

North America dominated the market due to presence of automotive players and growing technological advancement in MEMS industry. However, Asia-Pacific is expected to grow at high rate during the forecast period owing to high demand from consumer electronics arising from emerging countries including India, China, Singapore, and Malaysia others.

Some of the key players in Global Sensor Fusion market are Analog Device Inc., Asahi Kasei Microdevices Corp., Baselabs GmbH, Cummins Inc., Hillcrest Labs., Invensense, Inc, Kionix Inc., MEMSIC Inc., Microchip Technologies Inc., NXP Semiconductors N.V., Qualcomm, Renesas Electronic Corporation, Robert Bosch GmbH, Senion and STMicroelectronics.

Sensors Covered: • Capacitive Sensors
• Pressure Sensors
• Accelerometer
• Temperature Sensors
• Radar Sensors
• Touch Sensors
• Image Sensors
• Other Sensors

Technologies Covered:• Non-Micro-Electro-Mechanical Systems (MEMS)
• Micro-Electro-Mechanical Systems (MEMS)

Applications Covered:• Consumer electronics
• Medical
• Military
• Automotive
• Industrial
• Home Automation
• Other Applications

Regions Covered:• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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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Table of Content:

Chapter One: Executive Summary

Chapter Two: Preface 2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

Chapter Three: Market Trend Analysis 3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Technology Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

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