Electronic Sensors Market For Consumer Industry by Type (Image, Motion, Pressure, Temperature, Fingerprint ) Global Forecast to 2022
The electronic sensors market for the consumer industry is expected to reach USD 26.76 Billion by
2022, at a CAGR of 12.26% between 2016 and 2022. The growing demand for
smartphones, tablets, and wearable devices such as fitness and activity
trackers are the key factors driving the growth of the electronic sensors
market for the consumer industry. The deployment of various sensors including
image sensors, motion sensors, temperature sensors, pressure sensors, proximity
sensors, fingerprint sensors, level sensors, and biosensors in various
applications is expected to drive the market for communication & IT, home
appliances, entertainment, and wearable devices applications.
Browse more than 82 market data
tables with 79 figures spread through 172 pages and in-depth TOC on "Electronic Sensors Market For
Consumer Industry - Global Forecast to 2022"
The communication &
IT application of the electronic sensors for consumer industry is expected to
lead the growth of the market in the near future. The communication & IT
segment comprises smartphones, tablets, laptops, and desktop PCs. The demand
for smartphones and the integration of numerous advanced features in that due
to stiff competition among smartphones suppliers would further propel the
growth of communication & IT segment in the electronic sensors market for
consumer industry. Growth in adoption of motion sensors and certain environment
sensors, such as MEMS pressure sensors and temperature sensors, is expected to
drive the growth in wearable device segment.
The Asia-Pacific
region is home to key industrial players and a manufacturing and assembly hub
for smartphones and home appliances. Therefore, this market is expected to grow
at the highest CAGR between 2016 and 2022. The demand for budget smartphone and
fitness and activity trackers is further expected to propel the growth of the
sensor market in consumer electronics. Samsung Electronics Co., Ltd., LG
Electronics, Haier, Midea, and Cree Appliance are some of the key suppliers of
consumer electronics products based in this region.
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Sony Corporation
(Japan), STMicroelectronics N.V. (Switzerland), Samsung Electronics Co., Ltd.
(South Korea), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH
(Germany), Murata Manufacturing Company, Ltd. (Japan), Infineon Technologies AG
(Germany), TE Connectivity Ltd. (Switzerland), Synaptics Incorporated (U.S.),
Cypress Semiconductor Corporation (U.S.), and OMRON Corporation (Japan) are the
key players in the electronic sensors market for consumer industry.
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