The latest update of “Global Sensor Fusion Market ” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Sensor Fusion Market.
Overview of the Sensor Fusion Market :
The future of autonomous vehicles depends on sensor fusion. This new method will increase the number of identical sensors while diversifying the types. It will use mathematical models to refine data and make localization more accurate and dependable. It will produce significant innovation and know-how that will be useful in a variety of industries. Aerial robots will be the first to use this technology. It is expected that sensor fusion will revolutionize automotive safety. In the near future, autonomous vehicles will be safer, more reliable, and more accurate. There are several ways to use sensor fusion. The most common approach is to combine the data from multiple sensors to create a more accurate picture of the object's state. This approach is based on a Bayesian filtering algorithm. The Kalman filter cycles between prediction and update.
Drivers:
Rising demand for ADAS (advanced driver assistance systems) and IoT (Internet of Things) technology in vehicles is expected to augment the growth of the global sensor fusion market during the forecast period. Furthermore, the increasing demand from the consumer electronics, healthcare, and military & defense sectors is expected to further cushion the growth of the global sensor fusion market over the forecast period. For instance, in December 2021, Elliptic Labs, an AI-based software solutions provider, partnered with Intel Corporation, a pioneer in semiconductor chip production, to integrate the former’s AI Virtual Smart Sensor Platform with all Intel PCs.
Restraints:
The regular problems associated with software compatibility combined with the high deployment cost of this software are expected to limit the growth of the global sensor fusion market.
Regional Insights:
Across the geographical horizons, Asia Pacific has a commanding position in the global sensor fusion market on the heels of high penetration of passenger vehicles and smartphones, combined with favorable government policies.
Another noteworthy region is North America, which is performing well for the global sensor fusion market on account of early adoption of IoT and other device integration technologies.
Competitive Landscape:
- Major companies contributing to the global sensor fusion market include NXP Semiconductors N.V., Denso Corporation, ZF Friedrichshafen AG, ST Microelectronics, Robert Bosch GmbH, Allergo Microsystems, Continental AG, Aptiv, and Infineon Technologies.
- In December 2021, Senstar Technologies Limited, a major intrusion detection solutions provider, received recognition from two major publications, Security Sales and Integration (SSI) and American Security Today.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Sensor Fusion Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Sensor Fusion Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Robert Bosch GmbH (Germany)
- ZF Friedrichshafen AG (Germany)
- Continental AG (Germany)
- NXP Semiconductors N.V. (Netherlands)
- Infineon Technologies (Germany)
- Denso Corporation (Japan)
- Aptiv (Ireland)
- ST Microelectronics (Japan)
- Allergo Microsystems (US)
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Sensor Fusion Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Passenger Car
- Light-commercial Vehicles (LCV)
- Truck
- Bus
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Sensor Fusion Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Sensor Fusion Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Sensor Fusion Market
1.6.1 How the Covid-19 is Affecting the Sensor Fusion Market
1.6.1.1 Sensor Fusion Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Sensor Fusion Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Sensor Fusion Market Perspective (2015-2028)
2.2 Sensor Fusion Market Growth Trends by Regions
2.2.1 Sensor Fusion Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Sensor Fusion Market Historic Market Share by Regions (2015-2021)
2.2.3 Sensor Fusion Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Sensor Fusion Market Growth Strategy
2.3.6 Primary Interviews with Key Sensor Fusion Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Sensor Fusion Market Players by Market Size
3.1.1 Global Top Sensor Fusion Market Players by Revenue (2015-2021)
3.1.2 Global Sensor Fusion Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Sensor Fusion Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Sensor Fusion Market Concentration Ratio
3.2.1 Global Sensor Fusion Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Sensor Fusion Market Revenue in 2019
3.3 Sensor Fusion Market Key Players Head office and Area Served
3.4 Key Players Sensor Fusion Market Product Solution and Service
3.5 Date of entering into Sensor Fusion Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Sensor Fusion Market Historic Market Size by Type (2015-2021)
4.2 Global Sensor Fusion Market Forecasted Market Size by Type (2021-2028)
5 Sensor Fusion Market Breakdown Data by Application (2015-2028)
5.1 Global Sensor Fusion Market Size by Application (2015-2021)
5.2 Global Sensor Fusion Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Sensor Fusion Market Size (2015-2021)
6.2 Sensor Fusion Market Key Players in North America (2019-2021)
6.3 North America Sensor Fusion Market Size by Type (2015-2021)
6.4 North America Sensor Fusion Market Size by Application (2015-2021)
7 Europe
7.1 Europe Sensor Fusion Market Size (2015-2021)
7.2 Sensor Fusion Market Key Players in Europe (2019-2021)
7.3 Europe Sensor Fusion Market Size by Type (2015-2021)
7.4 Europe Sensor Fusion Market Size by Application (2015-2021)
8 China
8.1 China Sensor Fusion Market Size (2015-2021)
8.2 Sensor Fusion Market Key Players in China (2019-2021)
8.3 China Sensor Fusion Market Size by Type (2015-2021)
8.4 China Sensor Fusion Market Size by Application (2015-2021)
9 Japan
9.1 Japan Sensor Fusion Market Size (2015-2021)
9.2 Sensor Fusion Market Key Players in Japan (2019-2021)
9.3 Japan Sensor Fusion Market Size by Type (2015-2021)
9.4 Japan Sensor Fusion Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Sensor Fusion Market Size (2015-2021)
10.2 Sensor Fusion Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Sensor Fusion Market Size by Type (2015-2021)
10.4 Southeast Asia Sensor Fusion Market Size by Application (2015-2021)
11 India
11.1 India Sensor Fusion Market Size (2015-2021)
11.2 Sensor Fusion Market Key Players in India (2019-2021)
11.3 India Sensor Fusion Market Size by Type (2015-2021)
11.4 India Sensor Fusion Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Sensor Fusion Market Size (2015-2021)
12.2 Sensor Fusion Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Sensor Fusion Market Size by Type (2015-2021)
12.4 Central & South America Sensor Fusion Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Sensor Fusion Market Introduction
13.4 Sensor Fusion Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Sensor Fusion Market Key Market Segments
Table 2. Key Players Covered: Ranking by Sensor Fusion Market Revenue
Table 3. Ranking of Global Top Sensor Fusion Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Sensor Fusion Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Sensor Fusion Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Sensor Fusion Market Players to Combat Covid-19 Impact
Table 10. Global Sensor Fusion Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Sensor Fusion Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Sensor Fusion Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Sensor Fusion Market Share by Regions (2015-2021)
Table 14. Global Sensor Fusion Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Sensor Fusion Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Sensor Fusion Market Growth Strategy
Table 20. Main Points Interviewed from Key Sensor Fusion Market Players
Table 21. Global Sensor Fusion Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Sensor Fusion Market Share by Players (2015-2021)
Table 23. Global Top Sensor Fusion Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Sensor Fusion Market as of 2019)
Table 24. Global Sensor Fusion Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Sensor Fusion Market Product Solution and Service
Table 27. Date of entering into Sensor Fusion Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 30. Global Sensor Fusion Market Size Share by Type (2015-2021)
Table 31. Global Sensor Fusion Market Revenue Market Share by Type (2021-2028)
Table 31. Global Sensor Fusion Market Size Share by Application (2015-2021)
Table 33. Global Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 34. Global Sensor Fusion Market Size Share by Application (2021-2028)
Table 35. North America Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Sensor Fusion Market Share (2019-2021)
Table 37. North America Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 38. North America Sensor Fusion Market Share by Type (2015-2021)
Table 39. North America Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 40. North America Sensor Fusion Market Share by Application (2015-2021)
Table 41. Europe Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Sensor Fusion Market Share (2019-2021)
Table 43. Europe Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Sensor Fusion Market Share by Type (2015-2021)
Table 45. Europe Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Sensor Fusion Market Share by Application (2015-2021)
Table 47. China Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Sensor Fusion Market Share (2019-2021)
Table 49. China Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 50. China Sensor Fusion Market Share by Type (2015-2021)
Table 51. China Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 52. China Sensor Fusion Market Share by Application (2015-2021)
Table 53. Japan Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Sensor Fusion Market Share (2019-2021)
Table 55. Japan Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Sensor Fusion Market Share by Type (2015-2021)
Table 57. Japan Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Sensor Fusion Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Sensor Fusion Market Share (2019-2021)
Table 61. Southeast Asia Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Sensor Fusion Market Share by Type (2015-2021)
Table 63. Southeast Asia Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Sensor Fusion Market Share by Application (2015-2021)
Table 65. India Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Sensor Fusion Market Share (2019-2021)
Table 67. India Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 68. India Sensor Fusion Market Share by Type (2015-2021)
Table 69. India Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 70. India Sensor Fusion Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Sensor Fusion Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Sensor Fusion Market Share (2019-2021)
Table 73. Central & South America Sensor Fusion Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Sensor Fusion Market Share by Type (2015-2021)
Table 75. Central & South America Sensor Fusion Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Sensor Fusion Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Sensor Fusion Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Sensor Fusion Market Share by Type: 2021 VS 2028
Figure 2. Global Sensor Fusion Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Sensor Fusion Market Report Years Considered
Figure 8. Global Sensor Fusion Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Sensor Fusion Market Share by Regions: 2021 VS 2028
Figure 10. Global Sensor Fusion Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Sensor Fusion Market Share by Players in 2019
Figure 13. Global Top Sensor Fusion Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Sensor Fusion Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Sensor Fusion Market Revenue in 2019
Figure 15. North America Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Sensor Fusion Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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