DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Top 10 Sensors Market by Type (Pressure, Temperature, Image, Motion, Fingerprint, Level, Gas, Magnetic Field, Position, and Light), Technology, Application, End-User Industry, and Region - Global Forecast to 2022" report to their offering.
The top 10 sensors market is expected to grow at a significant rate during the forecast period. The growth of this market is propelled by the increasing advancement toward smaller, smarter, and cheaper sensors; miniaturization trend in sensors; advent of platforms such as IoT, AR, and M2M; and growing trend toward smart living among end users. This report categorizes the top 10 sensors market on the basis of type, subtype, technology, application, end-user industry, and region.
The market for fingerprint sensors is expected to grow at the highest rate during the forecast period. Fingerprint sensors are expected to witness huge adoption in this application in the near future, and the consumer electronics application (which includes smartphones, laptops, tablets, smart wearable devices, and so on) is expected to hold a large share of the market.
Motion sensors are another sensor type which promises huge opportunities for diverse applications in the current era. The major applications of motion sensors are in consumer electronics, gaming and entertainment, automotive, healthcare, and industrial segments. The consumer electronics application holds a promising future for motion sensors with a faster growth rate than that of the overall parent market. The demand for smartphones and tablets not only helped the market grow in recent times but would also help boost the market in the next few years. Increasing adoption of technological advances such as MEMS has also played a crucial role in boosting demand for motion sensors.
In 2015, APAC accounted for the largest share of the top 10 sensors market. In addition, the presence of major industries and companies is driving the demand for sensors in this region. The North American region accounted for the second-largest share of the top 10 sensors market.
- Increased Demand from Automotive Industry
- Government Regulations
- Advancement in Micro-Electro-Mechanical-Systems (Mems) Technology
- Decreasing Cost
- Technical Issues Related to Shock & Vibration
- Upcoming ICT-Enabled Developments
- High Tariff Barrier
- AMS Ag
- ABB Ltd.
- Analog Devices, Inc.
- Arm Holdings Plc.
- Asahi Kasei Corporation
- Broadcom Limited (Avago)
- Emerson Electric Company
- Honeywell International Inc.
- Infineon Technologies Ag
- Invensense, Inc.
- Knowles Electronics, Llc.
- NXP Semiconductors N.V.
- Omron Corporation
- Robert Bosch Gmbh
- Sensirion Ag
- Siemens Ag
- TE Connectivity Ltd.
- Texas Instruments Incorporated
For more information about this report visit http://www.researchandmarkets.com/research/jrcfms/top_10_sensors