Sensor fusion market is expected to grow at a CAGR of 18%-20% by 2025 – An exclusive market research report by Lucintel
Lucintel’s latest market report analyzed that sensor fusion provides attractive opportunities in the automotive, healthcare, industrial, and consumer electronics end use industries. The sensor fusion market is expected to grow at a CAGR of 18%-20%. In this market, consumer electronics are the largest segment by end use industry.
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Based on end use industry, the sensor fusion market is segmented into automotive, industrial, consumer electronics, healthcare, and others. The automotive segment accounted for the largest share of the market in 2020 due to increasing penetration and utilization of smartphones across the world.
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The sensor fusion market is marked by the presence of several big and small players. Some of the prominent players offering sensor fusion include Invensense, Inc., NXP Semiconductors, Bosch Sensortec GmbH, Kionix, Inc., Analog Devices, Renesas, Baselabs GmbH, and Senion.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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