Progressive markets

Sensor Fusion Technology: Global Trends and Forecast Analysis 2017

Sensor Fusion Industry Press Release


Portland, OR -- (SBWIRE) -- 10/06/2017 -- Progressive Markets has published a report, titled, "Global Sensor Fusion Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025." As per the report, the global sensor fusion market is expected to grow at a significant CAGR from 2017 to 2025. The report provides a detailed analysis of current market scenario, highlights market size estimations, outlines competitive scenario, and explores major market players. These insights are valuable to achieve recurring growth, gain widened user base, and achieve leadership position in the global market.

The report provides a detailed analysis of drivers and challenges of the global sensor fusion market. Rise in adoption of smart warble electronic devices in consumer electronics industry and rise in high end smartphones adoption with integrated sensors are factors that drive growth in the industry. However, complexity in design and unstandardized MEMS & fusion systems create challenges in the industry. Impact of these aforementioned factors is highlighted in the research to help market players plan strategies for coming years. Porter's Five Forces model is offered to help in determine level of competition and development of business strategy.

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The report provides an executive summary of the global sensor fusion industry. It is helpful market players, VPs, investors, stakeholders, and new entrants gain understating of overall market scenario and take necessary steps to enhance profitability. Key findings are offered in the research based on key investment areas and top winning strategies. Market attractiveness is highlighted in the study in terms of short-term and long-term strategies. Competitive scenario is provided in the study along with recent industry developments. Scope of the report is outlined along with research methodology adopted to gather data, statistics, and information.

Detailed segmentation of the global sensor fusion market is provided in the report based on application, industry vertical, and geography. Based on application, the market is classified into smartphones & tablets, camera, gaming device, smart watches & bands, and others. Based on industry vertical, the market is categorized into consumer electronics, automotive, aerospace & defense, healthcare, and others. Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. Revenue generated by each segment is outlined with the help of tabular and graphical format for the historic period, 2014–2016 and the forecast period, 2017–2025. Market share analysis of each segment is offered for aforementioned periods.

The report offers an in-depth analysis of key market players operating in the global sensor fusion market. Business overview and segments of each player are outlined in the study. Moreover, financial segments are analyzed in the report. Recent developments by each market player are outlined in the research. Key players included in the research are NXP Semiconductors N.V., STMicroelectronics, Kionix Inc., Analog Devices Inc., Bosch Sensortec GmbH, Invensense Inc., Asahi Kasei Microdevices Corp., CyweeMotion Ltd., Renesas Electronics Corp., and Baselabs GmbH. These insights are helpful to gain thorough information on market scenario and open up opportunities for agreements, partnerships, and collaborations.

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