Electronic Sensors Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

The global electronic sensors market is projected to grow at a significant CAGR during the forecast period. The major factors that propels the electronic sensors market include growing penetration of smartphone coupled with growing technological advancement in the smartphone sensor technology. A huge number of smartphone companies in the market and the wide range of products offered by them have increased the number of users. According to the communications regulator in the UK, Ofcom in 2015, two-thirds of the people in the UK own a smartphone, spending nearly about two hours every day on their phones. As per the Ofcom, for 33% of the internet users, the smartphone is the most important device for their on-going life in contrast to the 30% who use laptops. Smartphone manufacturers nowadays use three image sensors in a single smartphone. One sensor in front of the mobile and 2 at the back of the smartphone. This helps to improve the quality of the picture. The market players are continuously investing in the development of advanced technologies that further provide significant opportunity to the market.

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The global electronic sensors market is segmented based on type and application. Based on the type, the market is further classified into image sensor, temperature sensor, pressure sensor, motion sensor, biometric sensor, and others. The image sensor segment is projected to grow at a significant CAGR during the forecast period. The growing demand of various types of image sensors in consumer electronics such as smartphone, laptops, and others. Moreover, proliferation of image sensing technologies in automotive sector further propels the demand of image sensors. On the basis of application the market is further segregated into consumer electronics, automotive, industrial, and others.

 

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Electronic Sensors Market by Segment

By Type

o          Image Sensor

o          Temperature Sensor

o          Pressure Sensor

o          Motion Sensor

o          Biometric Sensor

o          Others(Proximity Sensors)

By Application

o          Consumer Electronics

o          Automotive

o          Industrial

o          Others

Global Electronic Sensors Market by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

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