Sensor Market Estimated to Reach $287 Billion

(anon)

An Allied Market Research report titled “Sensor Market by Type, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2017 – 2025” indicates the global sensors market generated $138.96 billion in 2017, and is expected to reach $287.00 billion by 2025, growing at a CAGR of 9.5% from 2018 to 2025. Trends in the internet-of-things, increased demand for sensors in the development of smart cities, advancements in sensors and their increasing use in smartphones and other electronic devices, advancement in automation sector, and emerging application of radar in remote sensing drive market growth.

Highlights

  • Radar sensor segment to dominate through 2025
  • MEMS segment to lead in terms of revenue through 2025
  • Asia Pacific to be lucrative through 2025
  • Leading market players include STMicroelectronics, NXP semiconductors N.V., Infineon Technologies AG, Qualcomm Technologies, Inc., Atmel Corporation, Texas instruments Inc., Robert Bosch GmbH, Johnson Controls International PLC., Sony Corporation, and Honeywell International Inc.

Learn more, download a sample of the “Sensor Market” report.

Sponsored by Infosys

In Conversation with Antonio Neri, President & CEO – Hewlett Packard Enterprise & Salil Parekh, CEO – Infosys

Hear the CEOs of Infosys & HPE discuss the current crisis and how it has accelerated the need for digital transformation for their clients. Connectivity at the Edge, right mix of hybrid cloud, ability to extract data faster than ever before… these are just some of the contributions that HPE and Infosys make to our clients’ digital transformation journey.

Allied Market Research

Portland, OR

800-792-5285

503-894-6022

503-446-1141

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

[email protected]   

https://www.alliedmarketresearch.com

Suggested Articles

The world’s largest chipmaker saw a 47% decline in data center sales to enterprise and government, even as it forecast a full year 2020 record of $75B

Working with Jacoti of Belgium, Qualcomm wants to make earbuds recognize the hearing anomalies of users.

Tally upgrade from Simbe Robotics uses Nvidia Jetson GPU for edge processing and Intel RealSense LiDAR for higher resolution images