The Europe Sensor Fusion Market would witness market growth of 17.3% CAGR during the forecast period (2021-2027).
Sensor fusion could be used by a vehicle to combine data from many sensors of the same sort, such as radar. Taking advantage of slightly overlapping areas of view would improve perception. More than one sensor will detect objects at the same time because numerous radars are monitoring the area around a vehicle. Detections from those many sensors can be overlapped or merged using global 360° perception software, boosting the detection probability and reliability of things around the vehicle and producing a more accurate and trustworthy picture of the environment.
Previously, the computing power required to evaluate sensor data in order to discern and track objects was packed with cameras or radars. The processing capacity is centralised into a more powerful active safety domain controller with various satellite architecture method, allowing low-level sensor data to be collected from each sensor and fused in the domain controller
The strong automotive sector of this region is supporting the demand for various components based on sensor fusion. For example, Continental AG is investigating the application of artificial intelligence in sensor fusion offerings and contributing its extensive understanding of sensor technology and electronic control units to the development process. This region is popular for its high technological advancements in automobiles, which would create opportunities for the sensor fusion manufacturers to enter this region and expand their business.
The Germany market dominated the Europe Sensor Fusion Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $625.9 million by 2027. The UK market would witness a CAGR of 16.4% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 18.1% during (2021 - 2027).
Based on Technology, the market is segmented into MEMS and Non-MEMS. Based on Type, the market is segmented into IMU, Radar Sensors, Image Sensors, Temperature Sensors, and Others. Based on End User, the market is segmented into Consumer Electronics, Healthcare, Military & Defense, Automotive, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Sensor Fusion Market Size will Hit $10 Billion by 2027, at a CAGR of 17.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Renesas Electronics Corporation, TDK Corporation (InvenSense, Inc.), STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Asahi Kasei Corporation, Robert Bosch GmbH, CEVA, Inc., and MEMSIC Semiconductor Co., Ltd. (IDG Capital Investment Consultant Beijing Co Ltd.).
Scope of the Study
Market Segments Covered in the Report:
By Technology
By Type
- IMU
- Radar Sensors
- Image Sensors
- Temperature Sensors
- Others
By End User
- Consumer Electronics
- Healthcare
- Military & Defense
- Automotive
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Analog Devices, Inc.
- Renesas Electronics Corporation
- TDK Corporation (InvenSense, Inc.)
- STMicroelectronics N.V.
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Asahi Kasei Corporation
- Robert Bosch GmbH
- CEVA, Inc.
- MEMSIC Semiconductor Co., Ltd. (IDG Capital Investment Consultant Beijing Co Ltd.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Sensor Fusion Market, by Technology
1.4.2 Europe Sensor Fusion Market, by Type
1.4.3 Europe Sensor Fusion Market, by End User
1.4.4 Europe Sensor Fusion Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Dec – 2021, Dec) Leading Players
Chapter 4. Europe Sensor Fusion Market by Technology
4.1 Europe Sensor Fusion MEMS Market by Country
4.2 Europe Sensor Fusion Non MEMS Market by Country
Chapter 5. Europe Sensor Fusion Market by Type
5.1 Europe IMU Sensor Fusion Market by Country
5.2 Europe Radar Sensors Sensor Fusion Market by Country
5.3 Europe Image Sensors Sensor Fusion Market by Country
5.4 Europe Temperature Sensors Sensor Fusion Market by Country
5.5 Europe Other Type Sensor Fusion Market by Country
Chapter 6. Europe Sensor Fusion Market by End User
6.1 Europe Sensor Fusion Consumer Electronics Market by Country
6.2 Europe Sensor Fusion Healthcare Market by Country
6.3 Europe Sensor Fusion Military & Defense Market by Country
6.4 Europe Sensor Fusion Automotive Market by Country
6.5 Europe Sensor Fusion Others Market by Country
Chapter 7. Europe Sensor Fusion Market by Country
7.1 Germany Sensor Fusion Market
7.1.1 Germany Sensor Fusion Market by Technology
7.1.2 Germany Sensor Fusion Market by Type
7.1.3 Germany Sensor Fusion Market by End User
7.2 UK Sensor Fusion Market
7.2.1 UK Sensor Fusion Market by Technology
7.2.2 UK Sensor Fusion Market by Type
7.2.3 UK Sensor Fusion Market by End User
7.3 France Sensor Fusion Market
7.3.1 France Sensor Fusion Market by Technology
7.3.2 France Sensor Fusion Market by Type
7.3.3 France Sensor Fusion Market by End User
7.4 Russia Sensor Fusion Market
7.4.1 Russia Sensor Fusion Market by Technology
7.4.2 Russia Sensor Fusion Market by Type
7.4.3 Russia Sensor Fusion Market by End User
7.5 Spain Sensor Fusion Market
7.5.1 Spain Sensor Fusion Market by Technology
7.5.2 Spain Sensor Fusion Market by Type
7.5.3 Spain Sensor Fusion Market by End User
7.6 Italy Sensor Fusion Market
7.6.1 Italy Sensor Fusion Market by Technology
7.6.2 Italy Sensor Fusion Market by Type
7.6.3 Italy Sensor Fusion Market by End User
7.7 Rest of Europe Sensor Fusion Market
7.7.1 Rest of Europe Sensor Fusion Market by Technology
7.7.2 Rest of Europe Sensor Fusion Market by Type
7.7.3 Rest of Europe Sensor Fusion Market by End User
Chapter 8. Company Profiles
8.1 Analog Devices, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Renesas Electronics Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.3 TDK Corporation (InvenSense, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 STMicroelectronics N.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Infineon Technologies AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 NXP Semiconductors N.V.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Asahi Kasei Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 Robert Bosch GmbH
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.6 SWOT Analysis
8.9 CEVA, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.10. MEMSIC Semiconductor Co., Ltd. (IDG Capital Investment Consultant Beijing Co Ltd.)
8.10.1 Company Overview
TABLE 1 Europe Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 2 Europe Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Sensor Fusion Market
TABLE 4 Product Launches And Product Expansions– Sensor Fusion Market
TABLE 5 Acquisition and Mergers– Sensor Fusion Market
TABLE 6 Europe Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 7 Europe Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 8 Europe Sensor Fusion MEMS Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Sensor Fusion MEMS Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Sensor Fusion Non MEMS Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Sensor Fusion Non MEMS Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 13 Europe Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 14 Europe IMU Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe IMU Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Radar Sensors Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Radar Sensors Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Image Sensors Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Image Sensors Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Temperature Sensors Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Temperature Sensors Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Other Type Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Other Type Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 25 Europe Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 26 Europe Sensor Fusion Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Sensor Fusion Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Sensor Fusion Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Sensor Fusion Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Sensor Fusion Military & Defense Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe Sensor Fusion Military & Defense Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Sensor Fusion Automotive Market by Country, 2017 - 2020, USD Million
TABLE 33 Europe Sensor Fusion Automotive Market by Country, 2021 - 2027, USD Million
TABLE 34 Europe Sensor Fusion Others Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Sensor Fusion Others Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 38 Germany Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 39 Germany Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 40 Germany Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 41 Germany Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 42 Germany Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 43 Germany Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 44 Germany Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 45 Germany Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 46 UK Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 47 UK Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 48 UK Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 49 UK Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 50 UK Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 51 UK Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 52 UK Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 53 UK Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 54 France Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 55 France Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 56 France Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 57 France Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 58 France Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 59 France Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 60 France Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 61 France Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 62 Russia Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 63 Russia Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 64 Russia Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 65 Russia Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 66 Russia Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 67 Russia Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 68 Russia Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 69 Russia Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 70 Spain Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 71 Spain Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 72 Spain Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 73 Spain Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 74 Spain Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 75 Spain Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 76 Spain Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 77 Spain Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 78 Italy Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 79 Italy Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 80 Italy Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 81 Italy Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 82 Italy Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 83 Italy Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 84 Italy Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 85 Italy Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 86 Rest of Europe Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 87 Rest of Europe Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 88 Rest of Europe Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 89 Rest of Europe Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 90 Rest of Europe Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 91 Rest of Europe Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 92 Rest of Europe Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 93 Rest of Europe Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 94 key information – Analog Devices, Inc.
TABLE 95 key information – Renesas Electronics Corporation
TABLE 96 Key information –TDK Corporation
TABLE 97 Key Information – STMicroelectronics N.V.
TABLE 98 Key Information – Infineon Technologies AG
TABLE 99 Key Information – NXP Semiconductors N.V.
TABLE 100 Key Information – Asahi Kasei Corporation
TABLE 101 key information – Robert Bosch GmbH
TABLE 102 key information – CEVA, Inc.
TABLE 103 Key Information – MEMSIC Semiconductor Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Dec – 2021, Dec) Leading Players
FIG 5 Swot analysis: analog devices, inc.
FIG 6 Recent strategies and developments: Renesas Electronics Corporation
FIG 7 Recent strategies and developments: TDK Corporation
FIG 8 Recent strategies and developments: STMicroelectronics N.V.
FIG 9 Swot analysis: stmicroelectronics n.v.
FIG 10 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 11 Swot analysis: NXP semiconductors N.V.
FIG 12 Swot analysis: Robert bosch gmbh
FIG 13 Recent strategies and developments: CEVA, Inc.