Sensor Fusion Market to Record 18. 36 % Y-O-Y Growth Rate in 2022|MEMS Segment to be Significant for Revenue Generation | Technavio

NEW YORK, May 24, 2022 /PRNewswire/ -- The "sensor fusion market by Technology (MEMS and Non-MEMS) and Geography (APAC, North America, Europe, South America, and the Middle East and Africa) - Forecast and Analysis 2022-2026" has been added to Technavio's offering.  The sensor fusion market share growth by the MEMS segment will be significant for revenue generation.  MEMS refers to the devices or the components that are very small in size ranging from a few micrometers to millimeters, and combine both electrical and mechanical components. These components are further fabricated utilizing integrated circuit batch processing technologies. MEMS-based smart sensors are crucial components in several disciplines such as automotive electronics, medical equipment, and portable electronics like hard drives, computer peripherals, wireless devices, cell phones, etc. Thus, the growing adoption of MEMS technology in designing and developing smart sensors is expected to propel the growth of the sensor fusion market during the forecast period.

Technavio has announced its latest market research report titled Sensor Fusion Market by Technology and Geography - Forecast and Analysis 2022-2026

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The competitive scenario provided in the Sensor Fusion Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Sensor Fusion Market Forecast Report -  Buy Now!

Sensor Fusion Market 2022-2026: Scope

 The sensor fusion market report covers the following areas:

  • Sensor Fusion Market Size
  • Sensor Fusion Market Trends
  • Sensor Fusion Market Industry Analysis

Frequently Asked Questions:

  • What are the significant trends in the market? 
    Increasing design complexity is one of the key sensor fusion market trends that is positively impacting the market growth.
  • At what rate is the market projected to grow?
     The sensor fusion market size is predicted to surge to USD 5.79 billion from 2021 to 2026 at a CAGR of 19.14%.
  • Who are the top players in the market?
     Analog Devices Inc., Applied Materials Inc., Asahi Kasei Corp., ASM International, BASELABS GmbH, CEVA Inc., Continental AG, Hitachi Ltd., and Infineon Technologies AG are some of the major market participants.
  •  How big is the APAC market?
    39% of the market's growth will originate from APAC during the forecast period.

Sensor Fusion Market 2022-2026: Segmentation Analysis

  • Technology
    • MEMS
    • Non MEMS
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • Middle East And Africa

Sensor Fusion Market 2022-2026: Drivers & Challenges

The decline in sensor prices, increasing adoption of ADAS systems, and the rising adoption of 5G technology will offer immense growth opportunities. Howeverfactors such as system reliability and uncertainty in user acceptance of autonomous features may impede market growth.  The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

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Sensor Fusion Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist sensor fusion market growth during the next five years
  • Estimation of the sensor fusion market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the sensor fusion market across APAC, North America, Europe, South America, and the Middle East and Africa
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sensor fusion market vendors

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Sensor Fusion Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 19.14%

Market growth 2022-2026

USD 5.79 billion

Market structure

Fragmented

YoY growth (%)

18.36

Performing market contribution

APAC at 39%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Analog Devices Inc., Applied Materials Inc., Asahi Kasei Corp., ASM International, BASELABS GmbH, CEVA Inc., Continental AG, Hitachi Ltd., Infineon Technologies AG, Lam Research Corp., LeddarTech Inc., MEMSIC Tianjin Co. Ltd., Nikon Corp., NXP Semiconductors NV, Robert Bosch GmbH, ROHM Co. Ltd., Senion AB, STMicroelectronics International NV, TDK Corp., and Tokyo Electron Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Technology

  • 5.1 Market segments
    • Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
  • 5.2 Comparison by Technology
    • Exhibit 26: Chart on Comparison by Technology
    • Exhibit 27: Data Table on Comparison by Technology
  • 5.3 MEMS - Market size and forecast 2021-2026
    • Exhibit 28: Chart on MEMS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on MEMS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on MEMS - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on MEMS - Year-over-year growth 2021-2026 (%)
  • 5.4 Non MEMS - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Non MEMS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Non MEMS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Non MEMS - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Non MEMS - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Technology
    • Exhibit 36: Market opportunity by Technology ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Japan - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 BASELABS GmbH
    • Exhibit 89: BASELABS GmbH - Overview
    • Exhibit 90: BASELABS GmbH - Product / Service
    • Exhibit 91: BASELABS GmbH - Key news
    • Exhibit 92: BASELABS GmbH - Key offerings
  • 10.4 Continental AG
    • Exhibit 93: Continental AG - Overview
    • Exhibit 94: Continental AG - Business segments
    • Exhibit 95: Continental AG - Key news
    • Exhibit 96: Continental AG - Key offerings
    • Exhibit 97: Continental AG - Segment focus
  • 10.5 Infineon Technologies AG
    • Exhibit 98: Infineon Technologies AG - Overview
    • Exhibit 99: Infineon Technologies AG - Business segments
    • Exhibit 100: Infineon Technologies AG - Key news
    • Exhibit 101: Infineon Technologies AG - Key offerings
    • Exhibit 102: Infineon Technologies AG - Segment focus
  • 10.6 MEMSIC (Tianjin) Co. Ltd.
    • Exhibit 103: MEMSIC (Tianjin) Co. Ltd. - Overview
    • Exhibit 104: MEMSIC (Tianjin) Co. Ltd. - Product / Service
    • Exhibit 105: MEMSIC (Tianjin) Co. Ltd. - Key news
    • Exhibit 106: MEMSIC (Tianjin) Co. Ltd. - Key offerings
  • 10.7 NXP Semiconductors NV
    • Exhibit 107: NXP Semiconductors NV - Overview
    • Exhibit 108: NXP Semiconductors NV - Product / Service
    • Exhibit 109: NXP Semiconductors NV - Key news
    • Exhibit 110: NXP Semiconductors NV - Key offerings
  • 10.8 Robert Bosch GmbH
    • Exhibit 111: Robert Bosch GmbH - Overview
    • Exhibit 112: Robert Bosch GmbH - Business segments
    • Exhibit 113: Robert Bosch GmbH - Key news
    • Exhibit 114: Robert Bosch GmbH - Key offerings
    • Exhibit 115: Robert Bosch GmbH - Segment focus
  • 10.9 ROHM Co. Ltd.
    • Exhibit 116: ROHM Co. Ltd. - Overview
    • Exhibit 117: ROHM Co. Ltd. - Business segments
    • Exhibit 118: ROHM Co. Ltd. - Key news
    • Exhibit 119: ROHM Co. Ltd. - Key offerings
    • Exhibit 120: ROHM Co. Ltd. - Segment focus
  • 10.10 STMicroelectronics International NV
    • Exhibit 121: STMicroelectronics International NV - Overview
    • Exhibit 122: STMicroelectronics International NV - Business segments
    • Exhibit 123: STMicroelectronics International NV - Key news
    • Exhibit 124: STMicroelectronics International NV - Key offerings
    • Exhibit 125: STMicroelectronics International NV - Segment focus
  • 10.11 TDK Corp.
    • Exhibit 126: TDK Corp. - Overview
    • Exhibit 127: TDK Corp. - Business segments
    • Exhibit 128: TDK Corp. - Key news
    • Exhibit 129: TDK Corp. - Key offerings
    • Exhibit 130: TDK Corp. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 131: Inclusions checklist
    • Exhibit 132: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 133: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 134: Research methodology
    • Exhibit 135: Validation techniques employed for market sizing
    • Exhibit 136: Information sources
  • 11.5 List of abbreviations
    • Exhibit 137: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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