Sensors Market in Consumer Electronics applications worth $29.25 Billion by 2020

Tuesday 14 January 2014, Amsterdam

Sensors market in consumer electronics is in growth stage and contains a great potential across industry verticals such as Entertainment, Information Technology, Communication Products, and Home Appliances. The increasing demand of sensors in smart phones and tablets will boost the market in the days to come with the help of increased R&D in this field. Products which are smaller in size with lower power consumption would be the captivating essentials for new entrants as well as winning opportunities for the established players.

This report describes the market trends, drivers, and challenges with respect to the sensors market in consumer electronics and forecasts the market to 2020, based on product, applications, and geography. This global report gives a bird’s eye-view of the market across geographies - North America, Europe, Asia-Pacific, and ROW (Rest of the World). APAC is the largest geography in terms of sensors market value. APAC has also been identified as the fastest growing region, with China and India leading the way. Europe and ROW are also promising markets, with Germany and U.K. in Europe, and the Middle-East, Latin America in ROW providing impetus to the growth. The report profiles 31 promising players in the sensor market in consumer electronics ecosystem.

The competitive landscape of the market presents a very interesting picture, where large numbers of small players have become a force to reckon with. The market is witnessing large scale collaboration and partnership across the value chain with number of tier-one players around the globe.

Major players in this sensors market include Sony Corp (Japan), STMicroelecronics (Switzerland), Aptina Imaging (US), Synaptics (US), Cypress Semiconductors (U.S.), Bosch Sensortec (Germany), Freescale Semiconductors (U.S.), Omnivision Technologies (US), AKM Semiconductors (US), Samsung (Japan), Texas Instruments (US) and so on.