Sensor Hub Market: Recent Market Trends and Projected Market Size by 2019 – 2023


Posted March 18, 2019 by AkashSangshetti

Market Research Future published a research report on “Global Sensor Hub Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

 
Market Scenario:

The Sensor Hub is a microcontroller unit that provides the information and knowledge through different sensors. The global Sensor Hub had the market size $9.87 billion in 2016 and expected to reach at higher level in the forecast period. There are several trend impacting sensor hub markets that includes consumer demand, power management, “always on sensing”, algorithm and contextual awareness, cost of components, connectivity and among others. The demand for sensor hubs has processed significantly due to elements used for low-power sensor processing tasks, is booming in recent days. The sensor hub is integrated as a system-on-chip (SoC) and is intended for a broad range of wearable health devices and applications. Likewise, Gyro sensors, hall sensors, proximity sensors, temperature sensor, magnetic sensors and among others are various sensors are widely used in the smartphone. The smartphone processor that connects to the camera's sensors helps to reduce the power consumption. This chip allows the phone to run advanced activity-recognition algorithms which allows users to check their notifications.

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The study reveals that a sensor hub has a multiple sensors that uses a multipoint control unit, coprocessor or digital signal processor to compile and process data. These sensors hub market is changing rapidly with the change in the technology. Smart watches will likely follow trends using sensor hubs with a higher penetration of MCU due to tighter power-saving requirements. With the increasing numbers of smart watches penetrating into the market, various sensor hubs have also begun to enter in the wearable-device market. Smartphones, tablets, and other wireless digital devices are including various sensors that provide position, direction, altitude, proximity, and touch-sensing capabilities.

The global The Sensor Hub Market is expected to grow at USD ~$33.77 Billion by 2023, at ~20.9% of CAGR between 2017 and 2023.

Key Players

The prominent players in the Sensor Hub Market are –Texas Instruments Inc. (U.S), STMicroelectronics N.V. (Switzerland), NXP .Semiconductors N.V (Netherland), Invensense, Inc. (U.S), Rohm Co. Ltd. (Japan), Intel Corporation (U.S), Infineon Technologies AG (Germany), Memsic, Inc. (US), Microchip Technology Inc. (US), Robert Bosch GmbH (Germany), Analog Devices, Inc.(U.S), Broadcom .Limited (U.S), and Qualcomm Technologies (U.S) among others.

Regional Analysis:

The regional analysis of Sensor Hub Market is being studied for region such as Asia pacific, North America, U.K, Europe and Rest of the World. IHS Inc. (UK) is leading in this market. Along with this some of the other company including Samsung, Apple and Motorola have already been using sensor hubs in their smartphone. Whereas, HIS Inc. is using Micro-Electro-Mechanical Systems & Sensors for Consumer and Mobile Intelligence Service in their devices. Bluetooth enabled sensor hub has driven the market of Sensor Hub in North America. The iPhone 6, Samsung Galaxy S6, and other high-end smartphones changing from discrete microcontrollers to sensor hubs that are integrated into the application processor. Apple Inc. (U.S) has started using sensor hub into its application processor. The study reveals that Europe region is also showing the good growth as the company like Bosch Sensortec (Germany) is using sensor hub for devices running the Android 6.0 Marshmallow operating system. Asia-Pacific countries like China, Japan and India have shown positive indication in the Sensor Hub Market but will be growing fast in coming time as some of the company including Samsung (South Korea) is also testing alternative approaches to sensor hubs using a Global-Navigation-Satellite-System-integrated sensor hub from Broadcom in its Note 4 and S6 smartphones.

Segments:

The global Sensor Hub market has been segmented on the basis of types, processor type, devices, applications, end users and region.

Sensor Hub Market by Types:

Gyro Sensors
Hall Sensors
Proximity Sensors
Temperature Sensor
Magnetic Sensors
Others
Sensor Hub Market by Processor Type:

Programmable and fixed logic
Application Sensor Processor
Sensor Integrated Microcontroller
Discrete Sensor Processor
Others
Sensor Hub Market by Devices:

Smart phones
Tablets
Wearable devices
IoT and connected devices
Others
Sensor Hub Market by Applications:

Positioning and Navigation
Health and Fitness
Augmented Reality and Gaming
Activity monitoring
Voice command
Gestures navigations
Others
Sensor Hub Market by End Users:

Consumer electronics
Commercial
Healthcare
Media and entertainment
Educations
Automotive
Government & Defense
Telecommunications
Others
Sensor Hub Market by Region:

North America
Europe
United Kingdom
Asia Pacific (APAC)
Rest of the World (ROW)
Intended Audience

System Security
Original equipment manufacturers (OEMs)
specialize physical Asset management
Government bodies
Sensor hub instrument
Research organizations
Technology investors
Raw material and manufacturing equipment suppliers
Research/Consultancy firms
Analysts and strategic business planners
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TABLE OF CONTENTS

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 SENSOR HUB MARKET: BY TYPE (%)

FIGURE 3 SENSOR HUB MARKET: BY PROCESSOR TYPE (%)

FIGURE 4 SENSOR HUB MARKET: BY DEVICES (%)

FIGURE 5 SENSOR HUB MARKET: BY APPLICATIONS (%)

FIGURE 6 SENSOR HUB MARKET: BY END-USER (%)

FIGURE 7 SENSOR HUB MARKET: BY REGION (%)

FIGURE 8 NORTH AMERICA SENSOR HUB MARKET, BY TYPE (%)

FIGURE 9 NORTH AMERICA SENSOR HUB MARKET, BY PROCESSOR TYPE (%)

FIGURE 10 NORTH AMERICA SENSOR HUB MARKET, BY DEVICES (%)

FIGURE 11 NORTH AMERICA SENSOR HUB MARKET, BY APPLICATIONS (%)

FIGURE 12 NORTH AMERICA SENSOR HUB MARKET, BY END-USER (%)

FIGURE 13 NORTH AMERICA SENSOR HUB MARKET, BY REGION (%)

FIGURE 14 EUROPE SENSOR HUB MARKET, BY TYPE (%)

FIGURE 15 EUROPE SENSOR HUB MARKET, BY PROCESSOR TYPE (%)

FIGURE 16 EUROPE SENSOR HUB MARKET, BY DEVICES (%)

FIGURE 17 EUROPE SENSOR HUB MARKET, BY APPLICATIONS (%)

FIGURE 18 EUROPE SENSOR HUB MARKET, BY END-USER (%)

FIGURE 19 EUROPE SENSOR HUB MARKET, BY REGION (%)

FIGURE 20 ASIA-PACIFIC SENSOR HUB MARKET, BY TYPE (%)

FIGURE 21 ASIA-PACIFIC SENSOR HUB MARKET, BY PROCESSOR TYPE (%)

FIGURE 22 ASIA-PACIFIC SENSOR HUB MARKET, BY DEVICES (%)

FIGURE 23 ASIA-PACIFIC SENSOR HUB MARKET, BY APPLICATIONS (%)

FIGURE 24 ASIA-PACIFIC SENSOR HUB MARKET, BY DEVICES (%)

FIGURE 25 ASIA-PACIFIC SENSOR HUB MARKET, BY END-USER (%)

FIGURE 26 ASIA-PACIFIC SENSOR HUB MARKET, BY REGION (%)

FIGURE 27 ROW SENSOR HUB MARKET, BY TYPE (%)

FIGURE 28 ROW SENSOR HUB MARKET, BY PROCESSOR TYPE (%)

FIGURE 29 ROW SENSOR HUB MARKET, BY DEVICES (%)

Continued…

Know More about this Report @ https://www.marketwatch.com/press-release/sensor-hub-market-2018-global-industry-analysis-growth-factors-top-leaders-emerging-trends-statistics-development-status-opportunities-and-regional-forecast-to-2023-2018-10-11

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Issued By Market Research Future
Country Iceland
Categories Business , Semiconductors
Tags sensor hub market
Last Updated March 18, 2019