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Sensor Fusion - Global Market Trajectory & Analytics

  • ID: 4806014
  • Report
  • April 2021
  • Region: Global
  • 141 Pages
  • Global Industry Analysts, Inc
Global Sensor Fusion Market to Reach $12.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Sensor Fusion estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$12.7 Billion by 2027, growing at a CAGR of 19% over the period 2020-2027. MEMS, one of the segments analyzed in the report, is projected to record 17.9% CAGR and reach US$7.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-MEMS segment is readjusted to a revised 20.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 18.3% CAGR

The Sensor Fusion market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 18.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17% and 16.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.

Select Competitors (Total 41 Featured):
  • Analog Devices, Inc.
  • Asahi Kasei Microdevices Corporation
  • BASELABS GmbH
  • Bosch Sensortec GmbH
  • Hillcrest Laboratories, Inc.
  • InvenSense, Inc.
  • Kionix, Inc.
  • MEMSIC, Inc.
  • NXP Semiconductors NV
  • Renesas Electronics Corporation
  • Senion AB
  • STMicroelectronics NV
Frequently Asked Questions about the Global Market for Sensor Fusion

What is the estimated value of the Global Market for Sensor Fusion?

The Global Market for Sensor Fusion was estimated to be valued at $3.8 Billion in 2020.

What is the growth rate of the Global Market for Sensor Fusion?

The growth rate of the Global Market for Sensor Fusion is 18.8%, with an estimated value of $12.7 Billion by 2027.

What is the forecasted size of the Global Market for Sensor Fusion?

The Global Market for Sensor Fusion is estimated to be worth $12.7 Billion by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Sensor Fusion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Sensor Fusion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for MEMS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for MEMS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Non-MEMS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Non-MEMS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Inertial Combo Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Inertial Combo Sensors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Radar+Image Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Radar+Image Sensors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for IMU+GPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for IMU+GPS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS
  • UNITED STATES
  • Table 15: USA Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: USA 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 17: USA Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: USA 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • CANADA
  • Table 19: Canada Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: Canada 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 21: Canada Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: Canada 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • JAPAN
  • Table 23: Japan Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Japan 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 25: Japan Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • CHINA
  • Table 27: China Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: China 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 29: China Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: China 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • EUROPE
  • Table 31: Europe Current & Future Analysis for Sensor Fusion by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 32: Europe 7-Year Perspective for Sensor Fusion by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 33: Europe Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 34: Europe 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 35: Europe Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: Europe 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • FRANCE
  • Table 37: France Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 38: France 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 39: France Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 40: France 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • GERMANY
  • Table 41: Germany Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: Germany 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 43: Germany Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Germany 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • ITALY
  • Table 45: Italy Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Italy 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 47: Italy Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Italy 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 49: UK Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: UK 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 51: UK Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 52: UK 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 53: Rest of Europe Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: Rest of Europe 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 55: Rest of Europe Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of Europe 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 57: Asia-Pacific Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 58: Asia-Pacific 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 59: Asia-Pacific Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 60: Asia-Pacific 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027
  • REST OF WORLD
  • Table 61: Rest of World Current & Future Analysis for Sensor Fusion by Technology - MEMS and Non-MEMS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 62: Rest of World 7-Year Perspective for Sensor Fusion by Technology - Percentage Breakdown of Value Sales for MEMS and Non-MEMS for the Years 2020 & 2027
  • Table 63: Rest of World Current & Future Analysis for Sensor Fusion by Product - Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 64: Rest of World 7-Year Perspective for Sensor Fusion by Product - Percentage Breakdown of Value Sales for Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS and Other Products for the Years 2020 & 2027

IV. COMPETITION
  • Total Companies Profiled: 41
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