Sensor Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Sensor Market 2018 Sensor Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 The global sensor market is showing immense growth; mainly due to the increasing need for automation and control across various industries. Also, miniaturization of sensors and growing adoption of internet of things are the major factors responsible for driving the growth of sensor market. Growing need for real time monitoring systems is boosting the growth of sensor market. Technological advancements have played a major role in the development of sensor market. Steep increase in the adoption of sensors across various applications and different industry verticals is further fuelling the market growth. STMicroelectronics N.V., Hewlett Packard Enterprise, Panasonic Corporation, Qualcomm Technologies, Inc., Johnson Controls International Plc., NXP semiconductors N.V., Infineon Technologies AG, Atmel Corporation, Texas instruments Inc., and Robert Bosch GmbH are the major investors in the sensor market. Growing urbanization and increasing demand for automated solutions is another major factor driving the growth of sensor market. Also, increasing demand for sensors in advanced driving assistance system (ADAS) in the automotive vertical is responsible for driving the growth of the market. Moreover, increasing adoption of analytics based transport solutions is expected to drive the growth of sensor market.
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Sensor Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Sensor Market Research Report - Global Forecast 2023” According to MRFR, 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. 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.
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Sensor Market 2018 Segmentation: The sensor market can be classified into 4 key segments for the convenience of the report and enhanced understanding; Segmentation 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 & Position Sensor, Humidity Sensor, Accelerometer and Speed Sensor and Others Segmentation by Technology: CMOS (Complementary metal–oxide–semiconductor), MEMS (Micro-Electro-Mechanical System) and NEMS (Nano Electromechanical systems) Segmentation by End User: Electronics, IT & Telecommunication, Industrial, Automotive, Aerospace & Defense, and Healthcare among others Segmentation by Region: North America, Europe, Asia Pacific and Rest of the World.
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Sensor Market 2018 Application & Major Players in this Research: Sensor Market Prominent Players:
Hewlett Packard Enterprise (U.S.), Qualcomm Technologies, Inc. (U.S.), Johnson Controls International Plc. (U.S.), Atmel Corporation (U.S.), Texas instruments Inc. (U.S.), Robert Bosch GmbH (Germany), NXP semiconductors N.V. (Netherlands), Infineon Technologies AG (Germany), STMicroelectronics N.V. (Switzerland), Panasonic Corporation (Japan), Sony Corporation (Japan), Honeywell International, Inc. (U.S.), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Request a Sample Report and @ https:// Volkswagen AG (Germany) Canon Inc. (Japan) among others are some of the prominent players profiled in MRFR Analysis and are at the www.marketresearchfuture.com/sample_request/4392 forefront of competition in the Global Sensor Market. . .
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Sensor Market 2018 Sensor Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: Asia Pacific is expected to witness a significant growth and hold the largest market share during the forecast period. China, Japan and India are anticipated to drive the growth of the sensor market in Asia Pacific owing to the presence of a large number of established key players such as Panasonic Corporation, Sony Corporation, Taiwan Semiconductor Manufacturing Company Limited, and Canon Inc. among others. Also, advancements in technology and increasing adoption of smartphones is responsible for driving the growth of global sensor market in the region.
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