“Sensor fusion” means combining two or more sensors into one single system. This report studies the Sensor Fusion System market, Sensor fusion is combining of sensory data or data derived from disparate sources such that the resulting information has less uncertainty than would be possible when these sources were used individually. In this report, the Sensor Fusion System includes the Sensor Fusion hardware solution and Sensor Fusion software solutions.
This report contains market size and forecasts of Sensor Fusion System in global, including the following market information:
Global Sensor Fusion System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Sensor Fusion System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Sensor Fusion System companies in 2021 (%)
The global Sensor Fusion System market was valued at 4665.3 million in 2021 and is projected to reach US$ 15110 million by 2028, at a CAGR of 18.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Inertial Combo Sensors Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Sensor Fusion System include Invensense, Stmicroelectronics, NXP Semiconductors, Bosch Sensortec GmbH, Kionix, Analog Devices, Renesas Electronics Corp, Hillcrest Labs and Microchip technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Sensor Fusion System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sensor Fusion System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Sensor Fusion System Market Segment Percentages, by Type, 2021 (%)
Inertial Combo Sensors Type
Radar + Image Sensors Type
Environmental Sensors Type
IMU + GPS Type
Others
Global Sensor Fusion System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Sensor Fusion System Market Segment Percentages, by Application, 2021 (%)
Consumer Electronics
Automotive
Military Application
Environmental Controlling
Robotics
Others
Global Sensor Fusion System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Sensor Fusion System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sensor Fusion System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Sensor Fusion System revenues share in global market, 2021 (%)
Key companies Sensor Fusion System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Sensor Fusion System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Invensense
Stmicroelectronics
NXP Semiconductors
Bosch Sensortec GmbH
Kionix
Analog Devices
Renesas Electronics Corp
Hillcrest Labs
Microchip technologies
Senion
Baselabs GmbH
Memsic