The electronic sensors market for the consumer industry was valued at USD 11.94 Billion in 2015 and is expected to grow at a CAGR of 12.26% during the forecast period. The demand from the communication & IT application is expected to drive the growth of the sensor market in consumer electronics. Image sensors and motion sensors are the most widely used across various consumer electronics devices. In this report, 2015 is considered as the base year, while the forecast period is between 2016 and 2022.

Browse more than 82 market data tables with 79 figures spread through 172 pages and in-depth TOC on "Electronic Sensors Market For Consumer Industry - Global Forecast to 2022"
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Fingerprint sensors are expected to grow at the highest rate:

The demand from applications such as communication & IT, home appliances, entertainment, and wearable devices is expected to be the key driver for the growth of the electronic sensors market for consumer industry in the near future. The market for fingerprint sensors is expected to grow at the highest rate owing to the demand from a large number of electronic devices such as smartphones and tablets for providing more reliable and secure user access levels. Moreover, the popularity of mobile payment (m-commerce) has further strengthened the demand for fingerprint sensors in smartphones. These sensors are further classified as swipe and area fingerprint sensors, depending on their type. Swipe fingerprint sensors are most widely used across smartphones, laptops, and other consumer electronics.

Asia-Pacific is expected to be the fastest-growing region in the electronic sensors market for the consumer industry during the forecast period:

The Asia-Pacific region is home to key industrial players and a manufacturing and assembly hub for smartphones and home appliances. Therefore, this market is expected to grow at the highest CAGR between 2016 and 2022. The demand for budget smartphone and fitness and activity trackers is further expected to propel the growth of the sensor market in consumer electronics. Samsung Electronics Co., Ltd., LG Electronics, Haier, Midea, and Cree Appliance are some of the key suppliers of consumer electronics products based in this region.

Sony Corporation (Japan), STMicroelectronics N.V. (Switzerland), Samsung Electronics Co., Ltd. (South Korea), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), Murata Manufacturing Company, Ltd. (Japan), Infineon Technologies AG (Germany), TE Connectivity Ltd. (Switzerland), Synaptics Incorporated (U.S.), Cypress Semiconductor Corporation (U.S.), and OMRON Corporation (Japan) are the key players in the electronic sensors market for consumer industry.

This report describes the market trends, drivers, and challenges with respect to the electronic sensors market for the consumer industry, and forecasts the market up to 2022. This global report gives a detailed view of the market across the four geographies, namely, North America, Europe, Asia-Pacific, and Rest of the World. The report profiles the most promising players in the electronic sensors market for the consumer industry. In the competitive landscape of the market, the companies engaged in the manufacturing of various sensors are the key players in the market and the global market is a fragmented one. These players are adopting strategies of innovations via new product launches, expansions, partnerships, and agreements.