The North America Interaction Sensor Market would witness market growth of 23.6% CAGR during the forecast period (2022-2028).
In recent years, both academic institutes and enterprises have shown enthusiasm for gesture recognition technology, to the extent that it has already been implemented in a variety of applications, notably human-robot interaction (HRI), sign language translation, and human-machine interaction (HMI). Gesture recognition is extremely advantageous in the medical field, especially when designing prosthetic hand controllers.
The purpose of gesture recognition is to improve human-computer interaction (HCI). The objective is to construct virtual worlds with virtual features that interact with physical items. While substantial advancements have been made in facial recognition and speech recognition technology, researchers continue to struggle with gesture recognition since these systems must operate in non-standard environments. In addition, they are developed to recognize rapid, multiple, and most difficult of all, inconsistent human gestures.
The expansion of the market is being driven by an increasing need for automation as well as a consistent development in the amount of capital invested in the establishment of various sectors that make use of interaction sensors. In addition, the US is the greatest market for smart parking anywhere in the world. This is because there are a variety of technology businesses headquartered there, as well as government rules and financial backing.
The US market dominated the North America Interaction Sensor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $24,750.1 Million by 2028. The Canada market is poised to grow at a CAGR of 26.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 25.3% during (2022 - 2028).
Based on Vertical, the market is segmented into Entertainment, Consumer Electronics, Automotive, and Others. Based on Technology, the market is segmented into Camera-Based, Voice Recognition, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Interaction Sensor Market is Estimated to reach $98.5 Billion by 2028, at a CAGR of 24.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Infineon Technologies AG, NXP Semiconductors N.V., Robert Bosch GmbH, Texas Instruments, Inc., Acconeer AB, Neonode, Inc., Microchip Technology, Inc., TDK Corporation, and Yageo Corporation (KEMET Corporation) .
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Entertainment
- Consumer Electronics
- Automotive
- Others
By Technology
- Camera-Based
- Voice Recognition
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Texas Instruments, Inc.
- Acconeer AB
- Neonode, Inc.
- Microchip Technology, Inc.
- TDK Corporation
- Yageo Corporation (KEMET Corporation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Interaction Sensor Market, by Vertical
1.4.2 North America Interaction Sensor Market, by Technology
1.4.3 North America Interaction Sensor 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
3.2.4 Approvals & Trails
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Mar – 2022, Oct) Leading Players
Chapter 4. North America Interaction Sensor Market by Vertical
4.1 North America Entertainment Market by Country
4.2 North America Consumer Electronics Market by Country
4.3 North America Automotive Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Interaction Sensor Market by Technology
5.1 North America Camera-Based Market by Country
5.2 North America Voice Recognition Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Interaction Sensor Market by Country
6.1 US Interaction Sensor Market
6.1.1 US Interaction Sensor Market by Vertical
6.1.2 US Interaction Sensor Market by Technology
6.2 Canada Interaction Sensor Market
6.2.1 Canada Interaction Sensor Market by Vertical
6.2.2 Canada Interaction Sensor Market by Technology
6.3 Mexico Interaction Sensor Market
6.3.1 Mexico Interaction Sensor Market by Vertical
6.3.2 Mexico Interaction Sensor Market by Technology
6.4 Rest of North America Interaction Sensor Market
6.4.1 Rest of North America Interaction Sensor Market by Vertical
6.4.2 Rest of North America Interaction Sensor Market by Technology
Chapter 7. Company Profiles
7.1 Google LLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Approvals & Trails:
7.1.6 SWOT Analysis
7.2 Infineon Technologies AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 NXP Semiconductors N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Robert Bosch GmbH
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Texas Instruments, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Acconeer AB
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Research & Development Expenses
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.6.4.2 Product Launches and Product Expansions:
7.7 Neonode, Inc
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Microchip Technology, Inc.
7.8.1 Company overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 TDK Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional & Segmental Analysis
7.9.4 Research & Development Expenses
7.10. Yageo Corporation (KEMET Corporation)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional and Segmental Analysis
TABLE 1 North America Interaction Sensor Market, 2018 - 2021, USD Million
TABLE 2 North America Interaction Sensor Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Interaction Sensor Market
TABLE 4 Product Launches And Product Expansions– Interaction Sensor Market
TABLE 5 Acquisition and Mergers– Interaction Sensor Market
TABLE 6 Approvals & Trails – Interaction Sensor Market
TABLE 7 North America Interaction Sensor Market by Vertical, 2018 - 2021, USD Million
TABLE 8 North America Interaction Sensor Market by Vertical, 2022 - 2028, USD Million
TABLE 9 North America Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Interaction Sensor Market by Technology, 2018 - 2021, USD Million
TABLE 18 North America Interaction Sensor Market by Technology, 2022 - 2028, USD Million
TABLE 19 North America Camera-Based Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Camera-Based Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Voice Recognition Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Voice Recognition Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Interaction Sensor Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Interaction Sensor Market by Country, 2022 - 2028, USD Million
TABLE 27 US Interaction Sensor Market, 2018 - 2021, USD Million
TABLE 28 US Interaction Sensor Market, 2022 - 2028, USD Million
TABLE 29 US Interaction Sensor Market by Vertical, 2018 - 2021, USD Million
TABLE 30 US Interaction Sensor Market by Vertical, 2022 - 2028, USD Million
TABLE 31 US Interaction Sensor Market by Technology, 2018 - 2021, USD Million
TABLE 32 US Interaction Sensor Market by Technology, 2022 - 2028, USD Million
TABLE 33 Canada Interaction Sensor Market, 2018 - 2021, USD Million
TABLE 34 Canada Interaction Sensor Market, 2022 - 2028, USD Million
TABLE 35 Canada Interaction Sensor Market by Vertical, 2018 - 2021, USD Million
TABLE 36 Canada Interaction Sensor Market by Vertical, 2022 - 2028, USD Million
TABLE 37 Canada Interaction Sensor Market by Technology, 2018 - 2021, USD Million
TABLE 38 Canada Interaction Sensor Market by Technology, 2022 - 2028, USD Million
TABLE 39 Mexico Interaction Sensor Market, 2018 - 2021, USD Million
TABLE 40 Mexico Interaction Sensor Market, 2022 - 2028, USD Million
TABLE 41 Mexico Interaction Sensor Market by Vertical, 2018 - 2021, USD Million
TABLE 42 Mexico Interaction Sensor Market by Vertical, 2022 - 2028, USD Million
TABLE 43 Mexico Interaction Sensor Market by Technology, 2018 - 2021, USD Million
TABLE 44 Mexico Interaction Sensor Market by Technology, 2022 - 2028, USD Million
TABLE 45 Rest of North America Interaction Sensor Market, 2018 - 2021, USD Million
TABLE 46 Rest of North America Interaction Sensor Market, 2022 - 2028, USD Million
TABLE 47 Rest of North America Interaction Sensor Market by Vertical, 2018 - 2021, USD Million
TABLE 48 Rest of North America Interaction Sensor Market by Vertical, 2022 - 2028, USD Million
TABLE 49 Rest of North America Interaction Sensor Market by Technology, 2018 - 2021, USD Million
TABLE 50 Rest of North America Interaction Sensor Market by Technology, 2022 - 2028, USD Million
TABLE 51 Key Information – Google LLC
TABLE 52 Key Information – Infineon Technologies AG
TABLE 53 Key Information – NXP Semiconductors N.V.
TABLE 54 key information – Robert Bosch GmbH
TABLE 55 Key Information – Texas Instruments, Inc.
TABLE 56 Key Information – Acconeer AB
TABLE 57 Key Information – Neonode, Inc
TABLE 58 Key Information – Microchip Technology, Inc.
TABLE 59 Key information – TDK Corporation
TABLE 60 Key Information – Yageo Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Mar – 2022, Oct) Leading Players
FIG 5 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 6 Recent strategies and developments: Infineon Technologies AG
FIG 7 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 8 Swot analysis: NXP semiconductors N.V.
FIG 9 Recent strategies and developments: Robert Bosch GmbH
FIG 10 Swot analysis: Robert Bosch GmbH
FIG 11 SWOT Analysis: Texas Instruments, Inc.
FIG 12 Recent strategies and developments: Acconeer AB