Quick Summary:
The global market for CP Sensor for Consumer Applications is undergoing significant growth and transformation, poised to reach a staggering US$3.5 billion by 2030. This upsurge, originating from a base of US$1.1 billion in 2022, signifies a remarkable investment opportunity embodying staggering future potential. By acquiring our comprehensive market research report, you will gain in-depth insights into this rapidly-evolving industry with particular emphasis on key segments such as Smartphones which are projected to record a 14.6% CAGR, reaching US$2.4 billion by the end of the analysis period.
Moreover, our report offers valuable analysis of lucrative markets in the U.S, China, Canada, Japan, and Germany, presenting a clear map of key growth hotspots. Fueled by unprecedented advancements in technology and increasing consumer demand, this report offers unparalleled insights into the industry. Don't miss the chance to stay ahead of the curve in the CP Sensor for Consumer Applications market.
Global CP Sensor for Consumer Applications Market to Reach $3.5 Billion by 2030
The global market for CP Sensor for Consumer Applications estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$3.5 Billion by 2030, growing at a CAGR of 15.2% over the analysis period 2022-2030. Smartphones, one of the segments analyzed in the report, is projected to record 14.6% CAGR and reach US$2.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Laptops & Tablets segment is readjusted to a revised 10.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $295.8 Million, While China is Forecast to Grow at 19.5% CAGR
The CP Sensor for Consumer Applications market in the U.S. is estimated at US$295.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$850.5 Million by the year 2030 trailing a CAGR of 19.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 13.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.Select Competitors (Total 66 Featured) -
- EPCOS AG
- Freescale Semiconductor, Inc.
- Murata Manufacturing Co., Ltd.
- Sensirion AG
- STMicroelectronics NV
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for CP Sensor for Consumer Applications?
What is the growth rate of the Global Market for CP Sensor for Consumer Applications?
What is the forecasted size of the Global Market for CP Sensor for Consumer Applications?
Who are the key companies in the Global Market for CP Sensor for Consumer Applications?
| Report Attribute | Details |
|---|---|
| No. of Pages | 256 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 3.5 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- EPCOS AG
- Freescale Semiconductor, Inc.
- Murata Manufacturing Co., Ltd.
- Sensirion AG
- STMicroelectronics NV
