Sensor Hub Market 2019-2025
New Study Reports “Sensor Hub 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2025”.
Introduction / Market Overview:
A sensor hub is a microcontroller unit that helps to collate data from different sensors and process them. The technology helps in off-loading these jobs from a product’s main central processing unit, which helps in providing performance improvement and in saving battery consumption. The global Sensor Hub market was valued at 9210 million US$ in 2018 and will reach 38000 million US$ by the end of 2025, growing at a CAGR of 19.4% during 2019-2025.The key growth drivers of the market are the use of low power generating solutions but achieving high efficiency, rising consumer demand, need to sense everything in real time, cost of component, etc.
Sensor hubs are assimilated as a SOC (system on chip) to be used in wearable health devices, transportation, automobile, and other applications. In smartphones, today there are various types of sensors being used – gyro, temperature, proximity sensors, etc. A smartphone’s camera sensor is connected to the smartphone processor to reduce power consumption. The sensor hub allows the phone to run activity recognition algorithms which allows users to check their notifications.
Other than above, the increased use of 6-axis and 9-axis sensor solutions or the use of sensor fusion within devices will drive the growth of the market. The discrete sensor processor led the market in 2018 due to its usage in wearable devices and to save high powers. Application sensor processor will grow at the highest CAGR due to the prolific use of smartphones. North America and the consumer electronic segment will have the highest market share.
Important Key Players Analysis: Analog Devices, Robert Bosch, Microchip, Texas Instruments, STMicroelectronics, NXP Semiconductors, Invensense, Rohm, Intel,Infineon, Memsic, Broadcom, Qualcomm Technologies, Quicklogic and more.
Request for Free Sample Report of “Sensor Hub” Market @ https://www.wiseguyreports.com/sample-request/4453307-global-sensor-hub-market-professional-survey-report-2019
The sensor hub market is segmented based on its type, processor type, device, applications, industry or verticals. Based on type, the market is split into Application Sensor Processor, Discrete Sensor Processor, Sensor Integrated Microcontroller and Others. Based on processor type, the market is split into Application Sensor Processor, Sensor Integrated Microcontroller, Programmable and fixed logic, Discrete Sensor Processor and Others. Based on device, the market is split into Smartphones, Tablets, Wearable devices, IoT and connected devices and Others. By applications, the market is split into Positioning and Navigation, Health and Fitness, Augmented Reality and Gaming, Activity monitoring, Voice command and Gestures navigations and Others Based on verticals, the market is split into Consumer Electronics, Automotive Military, Healthcare, Telecommunications, and Others.
The sensor hub market is divided into North America (United States, Canada, Mexico), Europe (Germany, France, UK, Italy, Russia), Asia Pacific (China, Japan, Korea, South Korea, India, Australia, Indonesia, and Singapore), South America (Brazil, Argentina), the Rest of South America, the Middle East and Africa (Saudi Arabia, Turkey, GCC countries, South Africa), and the Rest of Middle East and Africa. North America will have the highest market share due to usage of sensors in the various electronics devices – smart tv, tablet, smartphones, and wearables for activity tracking.
Sensor Hub Manufacturers
Sensor Hub Distributors/Traders/Wholesalers
Sensor Hub Subcomponent Manufacturers
North America has the highest numbers of consumers for wearable healthcare devices. The USA within North America is a key market as it provides sensor hub solutions to manufacturers/OEMs of automobiles and consumer electronics. Moreover, this region is an important hub for consumer electronics, automobiles, smartphones, and healthcare wearable devices.
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349