Global Sensor Hub Industry

Global Sensor Hub Industry

  • October 2019 •
  • 113 pages •
  • Report ID: 5799593 •
  • Format: PDF
Sensor Hub market worldwide is projected to grow by US$33.3 Billion, driven by a compounded growth of 19.6%. Application Sensor, one of the segments analyzed and sized in this study, displays the potential to grow at over 20.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$22 Billion by the year 2025, Application Sensor will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 21.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.2 Billion to the region’s size and clout in the next 5 to 6 years. Over US$1.6 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Application Sensor will reach a market size of US$1.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 19.1% over the next couple of years and add approximately US$5.8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Analog Devices, Inc.; Broadcom Ltd.; Hillcrest Laboratories, Inc.; Infineon Technologies AG; Intel Corporation; InvenSense, Inc.; MEMSIC, Inc.; Microchip Technology, Inc.; NXP Semiconductors NV; Qualcomm Technologies, Inc.; Quicklogic Corp.; Robert Bosch GmbH; ROHM Co., Ltd.; STMicroelectronics NV; Texas Instruments, Inc.