The Latin America, Middle East and Africa Sensor Fusion Market would witness market growth of 20.1% CAGR during the forecast period (2021-2027).
Sensor fusion is the technique used to reduce the level of uncertainty in a navigation motion of a robot or task completion. Cameras, radar, LiDAR, Time-of-Flight (ToF), microphones, and inertial measurement units (IMU) are examples of sensors. Complementary sensors, redundant sensors, and coordinated sensors are the three basic methods for combining sensor data.
Errors are reduced when multiple types of sensors are combined in this way. Advanced sensor fusion algorithms are used in sensor fusion devices. These algorithms are designed to bring real-time data and measurement outputs together into a single interpretation. Multiple sensor fusion arrays with various types of sensors with various chemical and biological coatings are used. Consumer electronics and automotive applications are two of the most common uses of sensor fusion.
In addition, the stringent government regulations for the manufacturing of automobiles would encourage manufacturers to use sensor fusion to guide drivers for better safety and security. To handle safety-critical circumstances, the automated vehicle design must be robust. Also, the high investment by the government on various military devices, vehicles, and equipment would fuel the demand for sensor fusion and hence, augment the growth of the regional market over the forecast period.
The Brazil market dominated the LAMEA Sensor Fusion Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $163.8 million by 2027. The Argentina market would experience a CAGR of 20.7% during (2021 - 2027). Additionally, The UAE market is anticipated to grow a CAGR of 19.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Sensor Fusion Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Sensor Fusion Market, by Technology
1.4.2 LAMEA Sensor Fusion Market, by Type
1.4.3 LAMEA Sensor Fusion Market, by End User
1.4.4 LAMEA 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. LAMEA Sensor Fusion Market by Technology
4.1 LAMEA Sensor Fusion MEMS Market by Country
4.2 LAMEA Sensor Fusion Non MEMS Market by Country
Chapter 5. LAMEA Sensor Fusion Market by Type
5.1 LAMEA IMU Sensor Fusion Market by Country
5.2 LAMEA Radar Sensors Sensor Fusion Market by Country
5.3 LAMEA Image Sensors Sensor Fusion Market by Country
5.4 LAMEA Temperature Sensors Sensor Fusion Market by Country
5.5 LAMEA Other Type Sensor Fusion Market by Country
Chapter 6. LAMEA Sensor Fusion Market by End User
6.1 LAMEA Sensor Fusion Consumer Electronics Market by Country
6.2 LAMEA Sensor Fusion Healthcare Market by Country
6.3 LAMEA Sensor Fusion Military & Defense Market by Country
6.4 LAMEA Sensor Fusion Automotive Market by Country
6.5 LAMEA Sensor Fusion Others Market by Country
Chapter 7. LAMEA Sensor Fusion Market by Country
7.1 Brazil Sensor Fusion Market
7.1.1 Brazil Sensor Fusion Market by Technology
7.1.2 Brazil Sensor Fusion Market by Type
7.1.3 Brazil Sensor Fusion Market by End User
7.2 Argentina Sensor Fusion Market
7.2.1 Argentina Sensor Fusion Market by Technology
7.2.2 Argentina Sensor Fusion Market by Type
7.2.3 Argentina Sensor Fusion Market by End User
7.3 UAE Sensor Fusion Market
7.3.1 UAE Sensor Fusion Market by Technology
7.3.2 UAE Sensor Fusion Market by Type
7.3.3 UAE Sensor Fusion Market by End User
7.4 Saudi Arabia Sensor Fusion Market
7.4.1 Saudi Arabia Sensor Fusion Market by Technology
7.4.2 Saudi Arabia Sensor Fusion Market by Type
7.4.3 Saudi Arabia Sensor Fusion Market by End User
7.5 South Africa Sensor Fusion Market
7.5.1 South Africa Sensor Fusion Market by Technology
7.5.2 South Africa Sensor Fusion Market by Type
7.5.3 South Africa Sensor Fusion Market by End User
7.6 Nigeria Sensor Fusion Market
7.6.1 Nigeria Sensor Fusion Market by Technology
7.6.2 Nigeria Sensor Fusion Market by Type
7.6.3 Nigeria Sensor Fusion Market by End User
7.7 Rest of LAMEA Sensor Fusion Market
7.7.1 Rest of LAMEA Sensor Fusion Market by Technology
7.7.2 Rest of LAMEA Sensor Fusion Market by Type
7.7.3 Rest of LAMEA 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 LAMEA Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 7 LAMEA Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 8 LAMEA Sensor Fusion MEMS Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Sensor Fusion MEMS Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Sensor Fusion Non MEMS Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Sensor Fusion Non MEMS Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 13 LAMEA Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 14 LAMEA IMU Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA IMU Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Radar Sensors Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Radar Sensors Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Image Sensors Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Image Sensors Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Temperature Sensors Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Temperature Sensors Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Other Type Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Other Type Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 25 LAMEA Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 26 LAMEA Sensor Fusion Consumer Electronics Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Sensor Fusion Consumer Electronics Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Sensor Fusion Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Sensor Fusion Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Sensor Fusion Military & Defense Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Sensor Fusion Military & Defense Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Sensor Fusion Automotive Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Sensor Fusion Automotive Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Sensor Fusion Others Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Sensor Fusion Others Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Sensor Fusion Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Sensor Fusion Market by Country, 2021 - 2027, USD Million
TABLE 38 Brazil Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 39 Brazil Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 40 Brazil Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 41 Brazil Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 42 Brazil Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 43 Brazil Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 44 Brazil Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 45 Brazil Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 46 Argentina Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 47 Argentina Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 48 Argentina Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 49 Argentina Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 50 Argentina Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 51 Argentina Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 52 Argentina Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 53 Argentina Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 54 UAE Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 55 UAE Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 56 UAE Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 57 UAE Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 58 UAE Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 59 UAE Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 60 UAE Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 61 UAE Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 62 Saudi Arabia Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 63 Saudi Arabia Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 64 Saudi Arabia Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 65 Saudi Arabia Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 66 Saudi Arabia Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 67 Saudi Arabia Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 68 Saudi Arabia Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 69 Saudi Arabia Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 70 South Africa Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 71 South Africa Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 72 South Africa Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 73 South Africa Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 74 South Africa Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 75 South Africa Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 76 South Africa Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 77 South Africa Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 78 Nigeria Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 79 Nigeria Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 80 Nigeria Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 81 Nigeria Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 82 Nigeria Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 83 Nigeria Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 84 Nigeria Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 85 Nigeria Sensor Fusion Market by End User, 2021 - 2027, USD Million
TABLE 86 Rest of LAMEA Sensor Fusion Market, 2017 - 2020, USD Million
TABLE 87 Rest of LAMEA Sensor Fusion Market, 2021 - 2027, USD Million
TABLE 88 Rest of LAMEA Sensor Fusion Market by Technology, 2017 - 2020, USD Million
TABLE 89 Rest of LAMEA Sensor Fusion Market by Technology, 2021 - 2027, USD Million
TABLE 90 Rest of LAMEA Sensor Fusion Market by Type, 2017 - 2020, USD Million
TABLE 91 Rest of LAMEA Sensor Fusion Market by Type, 2021 - 2027, USD Million
TABLE 92 Rest of LAMEA Sensor Fusion Market by End User, 2017 - 2020, USD Million
TABLE 93 Rest of LAMEA 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.