Sensor Fusion Market Size Worth USD 16.72 Billion by 2027 | CAGR of 19.6%: Emergen Research

Sensor Fusion Market Size Worth USD 16.72 Billion by 2027 | CAGR of 19.6%: Emergen Research

PR Newswire

VANCOUVER, B.C., Sept. 30, 2020

- The growing use of sensor fusion technology in smartphone devices and rising demand for smart wearable devices are driving market growth

- Market Size – USD 4.06 billion in 2019, Market Growth - CAGR of 19.6%, Market Trends – The increasing need for high-end applications based on location detection

VANCOUVER, B.C., Sept. 30, 2020 /PRNewswire/ -- The Global Sensor Fusion Market is anticipated to reach USD 16.72 Billion by 2027, according to a new report by Emergen Research. The Sensor Fusion market is forecast to grow significantly due to the growing demand for smart wearable gadgets and high-end applications for location detection.

Emergen Research Logo

The rising use of sensor fusion in advanced automobiles like gasoline direct injections, vehicle stability, low emission engine, dynamic vehicle controls, rapid implementation of IoT technology, and expansion of self-driven or driverless cars is expected to fuel the market growth in the coming years.

Growing demand for various end-use applications, such as automotive, home automation, industrial and military, consumer electronics, and healthcare, among others, has significantly boosted the global market demand for sensor fusion.

Factors hindering the growth of the sensor fusion market are the rising complexity of sensor fusion algorithms requiring software overhead, additional processing capabilities, and technical standardization.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/130

Key Highlights From The Report

 To get leading market solutions, visit the link below:

 https://www.emergenresearch.com/industry-report/sensor-fusion-market

Emergen Research has segmented the global sensor fusion market based on type, technology, application, axis, end-use industry, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

Technology Outlook (Revenue, USD Billion; 2017-2027)

Application Outlook (Revenue, USD Billion; 2017-2027)

Axis Outlook (Revenue, USD Billion; 2017-2027)

End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)

Regional Outlook (Revenue, USD Billion; 2017-2027)

  1. U.S.
  2. Canada
  1. Germany
  2. U.K.
  3. France
  4. Rest of Europe
  1. China
  2. Japan
  3. South Korea
  4. India
  5. Rest of APAC
  1. Brazil
  2. Rest of LATAM
  1. Saudi Arabia
  2. UAE
  3. Rest of MEA

Find more similar research insights by Emergen Research:

Advanced Metering Infrastructure Market By Type (Smart Gas Meter, Smart Electric Meter, Smart Water Meter), By Services (Meter Deployment, System Integration, Program Management, and Consulting), By Solution, By End-Use, By Region Forecasts to 2027

Intelligent Lighting Control Market By Product (Sensors, Ballads & LED Drivers, Microcontrollers, Dimmers & Switch Actuators, Transmitters & Receivers), By Applications (Smart Cities, Automotive, Manufacturing, Media & Entertainment, Others), By Connectivity (Wired, Wireless) and By Regions Forecasts to 2027

Ultraviolet LED Market By Technology (UV – A, UV – B, UV - C), By Applications (Optical Sensors and Instrumentation, Counterfeit Detection, UV Sterilization, Medical Light Therapy, UV Caring), By End User (Industrial, Residential) and By Regions Forecasts to 2027

Silicon Photonics Market By Product, By Component (Photodetector, Modulator, Laser, Waveguide, Filter), By End-Use (Consumer Electronics, Healthcare, Telecommunication & IT, Defense, Others), By Region Forecasts to 2027

3D Printing Materials Market By Form (Powder, Filament, Liquid), By Product Type (Plastic, Metal, Ceramic), By End Users (Consumer electronics, Automotive, Medical, Industrial), By Application (Manufacturing, Prototyping), By Technology (FDM, SLS, SLA, DMLS) and Regions Forecasts to 2027

Wireless Audio Devices Market By Product (Wireless Headsets & Microphones, Sound Bars, Speaker systems), By Technology (Wi-Fi, Bluetooth, Airplay), By Application (Automotive, Consumer, Commercial), Forecasts to 2027

About Emergen Research 

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a 'Circular Economy,' fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Read full Press Release at : https://www.emergenresearch.com/press-release/global-sensor-fusion-market

Logo:

https://mma.prnewswire.com/media/1252126/Emergen_Research_Logo.jpg

Voltar noticias em Inglês