SAN FRANCISCO, July 29, 2015 /PRNewswire/ --
The Global Consumer Electronic Sensors Market is expected
to reach USD 34.57 billion by 2022,
according to a new study by Grand View Research, Inc. Increasing
Proliferation of smartphones and tablets on a global level is
expected to drive demand over the forecast period. Preference for
smart devices and increasing disposable income may further fuel the
consumer electronic sensors market. High performance cameras in
high-end smartphones along with newer applications such as restore
recognition, 3D mapping, eye tracking, etc. is expected to favor
revenue growth.
(Logo:
http://photos.prnewswire.com/prnh/20150105/723757)
Browse full research report with TOC on
"Consumer Electronic Sensors Market Analysis By Product
(Image Sensors, Motion Sensors, Temperature Sensors, Pressure
Sensors, Touch Sensors, Position Sensors), By Application
(Communication, Entertainment, Home Appliances, IT) And Segment
Forecasts To 2022" at:
http://www.grandviewresearch.com/industry-analysis/consumer-electronic-sensors-market
Increasing trend of two cameras per device and need for high-end
cameras in gaming consoles has added to product demand.
Surveillance applications are also expected to show growth
opportunities owing to increasing implementation worldwide in
traffic management. Increased R&D has enabled cheaper,
miniaturized, and efficient products, which serves as an attractive
opportunity for industry participants. Continuous technology
advancements such as increasing use of Micro Electro Mechanical
Systems (MEMS) products owing to benefits such as low power
consumption and cost, miniaturization, easy integration, and high
performance may provide positive avenues to overall demand.
Further key findings from the study suggest:
- Image sensors are increasingly used in cameras, camcorders,
multimedia mobile phones, and security cameras. Motion sensing is
expected to continue gaining significant ground in consumer
applications. Developments in MEMS technology have reduced the
size, cost, and power consumption, which enable use of motion
sensors in handheld devices. They are being used in laptops,
digital cameras, MP3 players, TV remote controls, mobile phones,
and game controllers to enable enhanced operation.
- Communication application primarily includes mobile phones,
PDA, tablets and is expected to be the key application segment over
the forecast period. The entertainment segment is expected to grow
considerably due to escalating demand for smart gaming solutions
and televisions. The use of smart devices for health monitoring,
indoor navigation and related niche applications is expected to
offer significant growth opportunity over the forecast period.
Additionally, they are also widely used for security surveillance
in government and commercial sectors.
- Countries such as India and
China are expected to contribute
considerably to regional growth over the forecast period. The
Asia Pacific consumer electronics
sensors market is expected to grow at a CAGR of 10.4% over the
forecast period, owing to surging demand for smartphones and smart
TVs. The Indian government has also allowed 100% FDI in the
hardware-manufacturing sector through the automatic route.
- The consumer electronic sensors market is highly competitive,
and key players include Sony Corporation, Aptina Imaging, Synaptic,
Bosch, STMicroelectronics, Samsung, Panasonic Corporation, and
Toshiba Corporation. STMicroelectrinics serves various
manufacturers such as Apple, Delta, Bosch, Cisco, Microsoft,
Samsung, Continental, Hewlett-Packard, Seagate, and Western
Digital. The company invested USD 1,520
million, USD 1,816 million and
USD 2,413 million in 2014, 2013 and
2012, respectively for R&D activities..
Browse more reports of this category by Grand View
Research:
http://www.grandviewresearch.com/industry/sensors-and-controls
For the purpose of this study, Grand View Research has
segmented the Consumer Electronic Sensors Market
on the basis of product, application and
region:
- Consumer Electronic Sensors Product Outlook (Revenue, USD
Million, 2012 - 2022)
- Image Sensors
- Motion Sensors
- Temperature Sensors
- Pressure Sensors
- Touch Sensors
- Position Sensors
- Consumer Electronic Sensors Application Outlook (Revenue,
USD Million, 2012 - 2022)
- Communication
- Entertainment
- Home Appliances
- IT
- Others
- Consumer Electronic Sensors Regional Outlook (Revenue, USD
Million, 2012 - 2022)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Browse related reports by Grand View Research:
- Automotive Sensor Market -
http://www.grandviewresearch.com/industry-analysis/automotive-sensors-market
- Level Sensors Market -
http://www.grandviewresearch.com/industry-analysis/level-sensors-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company
provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant
and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
Read Our Blogs -
qyresearchreports.biz,
legalworkshop.org, esorics2010.org
SOURCE Grand View Research, Inc.