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Latest Report on Top 10 Sensors

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Latest Report on Top 10 Sensors

May 29
10:46 2020

The top 10 sensors ecosystem comprises manufacturers such as STMicroelectronics (Switzerland), NXP Semiconductors N.V. (Netherlands), TE Connectivity Ltd. (U.S.), Infineon Technologies AG (Germany), Texas Instruments Incorporated (U.S.), Robert Bosch GmbH (Germany), Analog Devices, Inc. (U.S.), ams AG (Austria), Honeywell International, Inc. (U.S.), Sensirion AG (Switzerland), Knowles Electronics, LLC. (U.S.), InvenSense, Inc. (U.S.), Omron Corporation (Japan), ARM Holdings Plc. (U.K.), ABB Ltd. (Switzerland), Emerson Electric Company (U.S.), Siemens AG (Germany), Broadcom Limited (U.S.), and Asahi Kasei Corporation (Japan), among others.

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. The first mobile phone with a fingerprint scanner was the Motorola Mobility (U.S.) ATRIX 4G that was launched in 2011. In 2013, Apple Inc. (U.S.) introduced iPhone 5S with fingerprint scanner, and this development is considered to be the game changer for fingerprint sensors. Other smartphone manufacturers also started implementing fingerprint scanners in their smartphones, creating ample of opportunities for fingerprint sensors. This wave is likely to drive the market for fingerprint sensors during the forecast period.

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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.

 

Top 10 Sensors Market for fingerprint sensors expected to grow at the fastest rate between 2016 and 2022

The top 10 sensors market for fingerprint sensors is expected to grow at the fastest rate in the top 10 sensors market. Biometric technology is a part of mobile security that provides secure access to mobile devices as well as allows the validation of e-commerce transactions. Biometric technology is used not only for secured access but also for mobile payments with the help of mobile payment platforms such as Samsung Pay, Apple Pay, ZTE Pay, Alipay, and WeChat Pay. This, in turn, has increased the demand for fingerprint sensors in smartphones. Fingerprint sensors are expected to be widely used in other devices such as laptops, tablets, wristbands, smartbands, USB flash drives, hard disks, smartwatches, printers, desktops, PDAs, mouses, and keyboards.

 

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