HOME Top Market Reports Sensor Fusion Market by Technology (MEMS, Non-MEMS), Products (Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS, Temperature Sensors+ Presure Sensors+ Humidity/ Light/ Gas Sensors), Application, and Geography - Global Forecast to 2022

Sensor Fusion Market by Technology (MEMS, Non-MEMS), Products (Inertial Combo Sensors, Radar+Image Sensors, IMU+GPS, Temperature Sensors+ Presure Sensors+ Humidity/ Light/ Gas Sensors), Application, and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: SE 4460

 

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The sensor fusion market is expected to be worth USD 6.35 Billion by 2022, growing at a CAGR of 19.25% between 2016 and 2022. The base year considered for this study is 2015 and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the sensor fusion market on the basis of technology, product type, end-use application, and geography. Sensor fusion technique intelligently combines multiple sensor data to provide information which cannot be determined from the individual sensor.   Under the sensor fusion technology segment, MEMS and Non-MEMS technology has been covered in this report, while the product type segment includes inertial combo sensors, radar+image sensors, IMU+GPS, and temperature sensors+ pressure sensors+ humidity/ light sensors/ gas sensors.

To estimate the size of the sensor fusion market, top-down and bottom-up approaches have been considered in the study. This entire research methodology includes the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts. Also, the average revenue generated by the companies according to the region has been used to arrive at the overall sensor fusion market size. This overall market size has been used in the top-down procedure to estimate the sizes of other individual markets via percentage splits from secondary and primary research.

Sensor Fusion Market

To know about the assumptions considered for the study, download the pdf brochure

The sensor fusion ecosystem comprises chip  manufacturer such as Analog Devices, Inc. (U.S.) Atmel Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), InvenSense, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), and  Bosch Sensortec GmbH (Germany) among others; algorithm and software providers such as Hillcrest labs (U.S, Senion (Sweden), BASELABS (Germany) among others; and suppliers and distributors.

The Target Audience:

  • Sensor fusion module designers and manufacturers
  • Research organizations and consulting companies
  • Associations, forums, and alliances related to gas sensors  
  • Investors
  • Start-up companies
  • Raw material suppliers
  • Government and other regulatory bodies
  • Market research and consulting firms

“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing the efforts and investments”.

Sensor Fusion Market Scope:

By Technology

  • MEMS
  • NON-MEMS

By Product Type

  • Inertial Combo Sensors
  •  Radar + Image Sensors
  •  IMU+GPS
  • Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
  • Others

By End-Use Application

  • Consumer Electronics
  • Automotive
  • Home Automation
  • Medical
  • Military
  • Industrial
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Others
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Others
  • RoW
    • South America
    • Middle East
    • Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the clients’ specific needs. The following customization options are available for the report:

Regional Analysis

Further breakdown of region/country-specific analysis

Company Information

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Introduction
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Sensor Fusion Market, 2013–2022 (USD Million)
    4.2 Sensor Fusion Market, By Product Type
    4.3 Sensor Fusion Market, By Region
    4.4 Consumer Electronics Applications Held the Largest Share of the Sensor Fusion Market in APAC in 2015
    4.5 Sensor Fusion Market in APAC Expected to Grow at the Highest Rate Between 2016 and 2022
    4.6 Sensor Fusion Market, By End-Use Application
    4.7 Sensor Fusion Market, By Region

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Sensor Fusion Market, By Product Type
           5.2.2 Sensor Fusion Market, By Technology
           5.2.3 Sensor Fusion Market, By End-Use Application
           5.2.4 Sensor Fusion Market, By Geography
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Demand for Integrated Sensors in Smart Phones
                    5.3.1.2 Growing Trend of Miniaturization in Electronics
                    5.3.1.3 Growing Demand for Advanced Driver Assistance Systems (ADAS)
           5.3.2 Restraints
                    5.3.2.1 Lack of Standardization in Mems and Sensor Fusion Systems
           5.3.3 Opportunities
                    5.3.3.1 Sensor Fusion Applications Using Context Awareness Systems and IoT
                    5.3.3.2 Growing Demand for Wearable Devices
           5.3.4 Challenge
                    5.3.4.1 Increasing Complexity in Sensor Fusion Systems and Software

6 Industry Trends (Page No. - 44)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Algorithm Used in Sensor Fusion
           6.4.1 Kalman Filter
           6.4.2 Bayesian Filter
    6.5 Sensor Hub
           6.5.1 MCU
           6.5.2 DSP

7 Sensor Fusion Market, By Technology (Page No. - 51)
    7.1 Introduction
    7.2 Mems
    7.3 Non-Mems

8 Market, By Product Type (Page No. - 56)
    8.1 Introduction
    8.2 Inertial Combo Sensors
           8.2.1 Accelerometers + Gyroscopes
           8.2.2 Accelerometers + Magnetometers
           8.2.3 9-Axis (3-Axis Gyroscope, 3-Axis Accelerometer, & 3-Axis Magnetometer)
           8.2.4 12-Axis (3-Axis Gyroscope, 3-Axis Accelerometer, 3-Axis Magnetometer, Light Sensor, Temperature Sensor, & Pressure Sensor)
    8.3 Radar + Image Sensors
    8.4 Temperature Sensors + Pressure Sensors + Humidity/Light/Gas Sensors
    8.5 IMU + GPS
    8.6 Others (IMU + Light Sensor & Lidar + Radar + Image Sensor + V2x Box & IMU)

9 Sensor Fusion Market, By End-Use Application (Page No. - 70)
    9.1 Introduction
    9.2 Consumer Electronics
           9.2.1 Smartphones
           9.2.2 Tablets and Notebooks
           9.2.3 Gaming Consoles
           9.2.4 Wearable Devices(Excluding the Personal Health Wearable Devices)
           9.2.5 Smart Tv
    9.3 Automotive
           9.3.1 Advanced Driver Assisted Systems
           9.3.2 Electronic Stability Control
           9.3.3 Collision Avoidance Systems
           9.3.4 Parking Assist Systems
    9.4 Home Automation
           9.4.1 Remote Controls
           9.4.2 Environmental Controling
           9.4.3 Others
    9.5 Medical
           9.5.1 Wearable Health Devices
           9.5.2 Non-Wearable Heath Devices
    9.6 Military
           9.6.1 Adaptable Navigation Systems (ANS)
           9.6.2 Unmanned Aerial Vehicles (UAVS)
    9.7 Industrial
    9.8 Others (Agriculture, Education, and Research )

10 Geographic Analysis (Page No. - 93)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 U.K.
             10.3.2 Germany
             10.3.3 France
             10.3.4 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 South Korea
             10.4.5 Rest of APAC
     10.5 Rest of the World (RoW)
             10.5.1 South America
             10.5.2 Middle East
             10.5.3 Africa

11 Competitive Landscape (Page No. - 108)
     11.1 Overview
     11.2 Market Ranking Analysis: Sensor Fusion Market, 2015
     11.3 Competitive Situation and Trends
             11.3.1 New Product Launches & Developments
             11.3.2 Collaborations, Partnerships, & Agreements
             11.3.3 Mergers & Acquisitions
             11.3.4 Expansions

12 Company Profiles (Page No. - 115)
(Overview, Products and Services, Financials, Strategy & Development)*
     12.1 Introduction
     12.2 Stmicroelectronics
     12.3 Invensense, Inc.
     12.4 NXP Semiconductors N.V.
     12.5 Bosch Sensortec GmbH
     12.6 Kionix, Inc.
     12.7 Analog Devices, Inc.
     12.8 Renesas Electronics Corp.
     12.9 Baselabs GmbH
     12.10 Senion
     12.11 Hillcrest Labs.
     12.12 Asahi Kasei Microdevices Corp.
     12.13 Memsic, Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 142)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports


List of Tables (72 Tables)

Table 1 Increasing Demand for Integrated Sensors in Smart Phones is Propelling the Growth of the Sensor Fusion Market
Table 2 Technical Issues Related to Sensitivity, Energy Consumption and Stability is Expected to Affect the Growth of the Sensor Fusion Market
Table 3 Growing Demand for Wearable Devices Would Generate New Market Opportunities
Table 4 Increasing Complexity in Sensor Fusion Systems and Software Poses as A Major Challenge for the Growth of the Sensor Fusion Market
Table 5 Sensor Fusion Market, By Technology, 2013–2022 (USD Million)
Table 6 Sensor Fusion Market for Mems-Based Technology, By Product Type, 2013–2022 (USD Million)
Table 7 Sensor Fusion Market for Mems-Based Technology, By Inertial Combo Product, 2013–2022 (USD Million)
Table 8 Sensor Fusion Market for Non-Mems-Based Technology, By Product Type, 2013–2022 (USD Million)
Table 9 Sensor Fusion Market, By Product Type, 2013–2022 (USD Million)
Table 10 Sensor Fusion Market for Inertial Combo Sensors, By Product Type, 2013–2022 (USD Million)
Table 11 Sensor Fusion Market for Inertial Combo Sensors, By End-Use Application, 2013–2022 (USD Million)
Table 12 Sensor Fusion Market for Inertial Combo Sensors, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 13 Sensor Fusion Market for Accelerometers + Gyroscopes , By End-Use Application, 2013–2022 (USD Million)
Table 14 Sensor Fusion Market for Accelerometers + Magnetometers, By End-Use Application, 2013–2022 (USD Million)
Table 15 Sensor Fusion Market for 9-Axis Sensors, By End-Use Application, 2013–2022 (USD Million)
Table 16 Sensor Fusion Market for 12-Axis Sensors, By End-Use Application, 2013–2022 (USD Million)
Table 17 Sensor Fusion Market for Radar + Image Sensors, By End-Use Application, 2013–2022 (USD Million)
Table 18 Sensor Fusion Market for Temperature Sensors + Pressure Sensors + Humidity/Light/Gas Sensors, By End-Use Application, 2013–2022 (USD Million)
Table 19 Sensor Fusion Market for Temperature Sensors + Pressure Sensors + Humidity/Light/Gas Sensors, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 20 Sensor Fusion Market for IMU + GPS, By End-Use Application, 2013–2022 (USD Million)
Table 21 Sensor Fusion Market for IMU + GPS, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 22 Sensor Fusion Market for Other Sensor Fusion Products, By End-Use Application, 2013–2022 (USD Million)
Table 23 Sensor Fusion Market for Other Sensor Fusion Products, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 24 Sensor Fusion Market, By End-Use Application, 2013–2022 (USD Million)
Table 25 Sensor Fusion Market, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 26 Sensor Fusion Market for Consumer Electronics Applications, By Product Type, 2013–2022 (USD Million)
Table 27 Sensor Fusion Market for Consumer Electronics Applications, By Region, 2013–2022(USD Million)
Table 28 Sensor Fusion Market for Smartphones, By Product Type, 2013–2022 (USD Million)
Table 29 Sensor Fusion Market for Smartphones, By Product Type, 2013–2022 (USD Million)
Table 30 Sensor Fusion Market for Smartphones, By Region, 2013–2022 (USD Million)
Table 31 Sensor Fusion Market for Tablets & Notebooks, By Product Type, 2013–2022 (USD Million)
Table 32 Sensor Fusion Market for Tablet & Notebook, By Product Type, 2013–2022 (USD Million)
Table 33 Sensor Fusion Market for Tablets and Notebooks, By Region, 2013–2022 (USD Million)
Table 34 Sensor Fusion Market for Gaming Consoles, By Product Type, 2013–2022 (USD Million)
Table 35 Sensor Fusion Market for Gaming Consoles, By Product Type, 2013–2022 (USD Million)
Table 36 Sensor Fusion Market for Gaming Consoles, By Region, 2013–2022 (USD Million)
Table 37 Sensor Fusion Market for Wearable Devices, By Product Type, 2013–2022 (USD Million)
Table 38 Sensor Fusion Market for Wearable Devices, By Product Type, 2013–2022 (USD Million)
Table 39 Sensor Fusion Market for Wearable Devices, By Region, 2013–2022(USD Million)
Table 40 Sensor Fusion Market for Smart Tvs, By Product Type, 2013–2022 (USD Million)
Table 41 Sensor Fusion Market for Smart Tvs, By Product Type, 2013–2022 (USD Million)
Table 42 Sensor Fusion Market for Smart Tvs, By Region, 2013–2022(USD Million)
Table 43 Sensor Fusion Market for Automotive Applications, By Product Type, 2013–2022 (USD Million)
Table 44 Sensor Fusion Market for Automotive Applications, By Region, 2013–2022 (USD Million)
Table 45 Sensor Fusion Market for Home Automation Applications, By Product Type, 2013–2022 (USD Million)
Table 46 Sensor Fusion Market for Home Automation Applications, By Region , 2013–2022 (USD Million)
Table 47 Sensor Fusion Market for Medical Applications, By Product Type, 2013–2022 (USD Million)
Table 48 Sensor Fusion Market for Medical Applications, By Region, 2013–2022 (USD Million)
Table 49 Sensor Fusion Market for Military Applications, By Product Type, 2013–2022 (USD Million)
Table 50 Sensor Fusion Market for Military Applications, By Region, 2013–2022 (USD Million)
Table 51 Sensor Fusion Market for Industrial Applications, By Product Type, 2013–2022 (USD Million)
Table 52 Sensor Fusion Market for Industrial Applications, By Region, 2013–2022 (USD Million)
Table 53 Sensor Fusion Market for Other Applications, By Product Type, 2013–2022 (USD Million)
Table 54 Sensor Fusion Market for Other Applications, By Region, 2013–2022 (USD Million)
Table 55 Sensor Fusion Market Size, By Region, 2013–2022(USD Million)
Table 56 Sensor Fusion Market in North America, By End-Use Application, 2013–2022 (USD Million)
Table 57 Sensor Fusion Market in North America, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 58 Sensor Fusion Market in North America, By Country, 2013–2022(USD Million)
Table 59 Sensor Fusion Market in Europe, By End-Use Application, 2013–2022 (USD Million)
Table 60 Sensor Fusion Market in Europe, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 61 Sensor Fusion Market in Europe, By Country, 2013–2022 (USD Million)
Table 62 Sensor Fusion Market in APAC, By End-Use Application, 2013–2022 (USD Million)
Table 63 Sensor Fusion Market in APAC, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 64 Sensor Fusion Market in APAC, By Country, 2013–2022(USD Million)
Table 65 Sensor Fusion Market in RoW, By End-Use Application, 2013–2022 (USD Million)
Table 66 Sensor Fusion Market in RoW, By Consumer Electronics Application, 2013–2022 (USD Million)
Table 67 Sensor Fusion Market in RoW, By Region, 2013–2022(USD Million)
Table 68 Ranking of the Top 5 Players in the Sensor Fusion Market, 2015
Table 69 New Product Launches & Developments, 2015–2016
Table 70 Collaborations, Partnerships, & Agreements, 2014–2016
Table 71 Mergers & Acquisitions, 2014–2015
Table 72 Expansions, 2014


List of Figures (48 Figures)

Figure 1 Sensor Fusion Market Segment
Figure 2 Sensor Fusion Market: Research Design
Figure 3 Research Methodology
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Sensor Fusion Market Size, By End-Use Application (2016 vs 2022)
Figure 8 Market for IMU + GPS Expected to Grow at the Highest Rate Between 2018 and 2022
Figure 9 Sensor Fusion Market, By Region, 2015
Figure 10 Increasing Demand for Sensor Fusion in Consumer Electronics and Automotive Applications Driving Market Growth in 2015
Figure 11 Market for IMU + GPS Expected to Grow at the Highest Rate During the Forecast Period
Figure 12 APAC Held the Largest Share of the Sensor Fusion Market in 2015
Figure 13 China Held the Largest Share of the Sensor Fusion Market in APAC in 2015
Figure 14 APAC Held the Largest Share of the Sensor Fusion Market in 2015
Figure 15 Consumer Electronics Applications Held the Largest Size of the Sensor Fusion Market in 2015
Figure 16 Sensor Fusion Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 17 Segmentation, By Geography
Figure 18 Increasing Demand for Integrated Sensors in Smartphones is Driving the Growth of the Sensor Fusion Market
Figure 19 Value Chain Analysis (2015): Major Value is Added During the Fabrication; Semiconductor Device Or Chip Manufacturing; and Technology Development Phases
Figure 20 Sensor Fusion Market: Porter’s Five Forces Analysis (2015)
Figure 21 Non-Mems Technology for Sensor Fusion Market is Expected to Grow at the Highest Rate During the Forecast Period
Figure 22 Market for 9-Axis Inertial Combo Sensor Based on Mems Technology to Grow at the Highest Rate During the Forecast Period
Figure 23 Inertial Combo Sensor is Expected to Dominate the Sensor Fusion Market in 2016
Figure 24 Wearable Devices Application to Grow at the Highest Rate in the Market for Inertial Combo Sensors During the Forecast Period
Figure 25 Consumer Electronics Expected to Dominate the Market for Accelerometer + Magnetometer Sensors in 2016
Figure 26 Automotive Application to Dominate the Sensor Fusion Market for Radar + Image Sensor in 2016
Figure 27 Smartphone Application Expected to Grow at the Highest Rate During the Forecast Period in the Temperature Sensors+ Pressure Sensors+ Humidity/ Light/ Gas Sensors Market
Figure 28 Sensor Fusion Market for Smartphone Application in the APAC Region Expected to Grow at the Highest Rate During the Forecast Period
Figure 29 Market for 9-Axis Sensor is Expected to Grow at Highest Rate for the Gaming Console Application Between 2016 and 2022
Figure 30 Radar + Image Sensors are Expected to Dominate the Sensor Fusion Market for Automotive Application
Figure 31 APAC Region Expected to Grow at the Highest Rate in the Sensor Fusion Market for Medical Application During the Forecast Period
Figure 32 Sensor Fusion Market, Geographic Snapshot, 2016–2022
Figure 33 North America Market Snapshot: Demand Would Be Driven By the Growth in the Consumer Electronic Sector
Figure 34 APAC Market Snapshot: Demand Would Be Driven By the Growth in the Consumer Electronics & Automotive Sector
Figure 35 Key Growth Strategies Adopted By the Top Companies, 2014–2016
Figure 36 Battle for Market Share: Companies Follow New Product Launch & Devlopments as Their Key Strategy Between 2013 and 2016
Figure 37 Market Evolution Framework: New Product Launches & Developments Fueled the Growth of the Sensor Fusion Market Between 2014 and 2016
Figure 38 Geographic Revenue Mix of Top 3 Market Players
Figure 39 Stmicroelectronics: Company Snapshot
Figure 40 Stmicroelectronics: SWOT Analysis
Figure 41 Invensense, Inc.: Company Snapshot
Figure 42 Invensense, Inc.: SWOT Analysis
Figure 43 NXP Semiconductors N.V.: Company Snapshot
Figure 44 NXP Semiconductors N.V.: SWOT Analysis
Figure 45 Bosch Sensortec GmbH: SWOT Analysis
Figure 46 Kionix, Inc.: SWOT Analysis
Figure 47 Analog Devices, Inc.: Company Snapshot
Figure 48 Renesas Electronics Corp.: Company Snapshot

The sensor fusion market is expected to be worth USD 6.35 Billion by 2022, growing at a CAGR of 19.25% between 2016 and 2022. The major drivers for the growth are growing trend of integrating various sensors into the consumer electronics device such as smartphones, tablets, and wearable devices. The extensive use of fusion technology in consumer electronics devices for application such as navigation, optical image stabilisation, gesture recognition, orientation and position detection, activity tracking and others support the growth of sensor fusion market.

The consumer electronics and automotive applications hold the major share of the sensor fusion market. The home automation application is expected to grow at the highest rate in the sensor fusion market during the forecast period, followed by the automotive application. Among the consumer electronic applications, the smart phone, tablet and notebook segment is the largest contributor to the overall sensor fusion market. The market for inertial combo sensors is expected to hold the largest share of the market for product segment. The inertial combo sensor are majorly used in application such as automotive, military and consumer electronics product including smart phone, wearables, gaming consoles among other.

Among the technology segment MEMS-based sensors dominate the sensor fusion market. This can be attributed to the extensive usage of integrated IMU (inertial measurement units) sensors based on MEMS technology in motion sensing devices for applications such as enhanced gesture recognition, gaming, indoor navigation, and localization-based services.

Sensor Fusion Market

The APAC region held the largest market share and is expected to grow at the highest rate. In APAC, the huge demand for consumer electronics and automobiles from countries such as China, India, Japan, South Korea, and among others is driving the market.

One of the key restraining factors for this market is the lack of standardization and harmonization process of the MEMS sensor and associated software is hampering the growth of the market. The companies that are profiled in the report are STMicroelectronics (Switzerland), NXP Semiconductors N.V. (Netherlands), Renesas Electronics Corporation (Japan), InvenSense, Inc. (U.S.), MEMSIC, Inc. (U.S.). , Bosch Sensortec GmbH (Germany), Hillcrest labs (U.S.), Kionix Inc. (U.S.), Senion (Sweden), BASELABS (Germany), Analog Devices Inc. (U.S.), and Asahi Kasei Microdevices (Japan).

STMicroelectronics (Switzerland) is among the leaders in the sensor fusion market. The company strategically focuses on two major markets smart driving and Internet of Things for revenue. The company provides integrated motion sensors. In addition to this, the company also offers software modules for sensor fusion system. The company has primarily focused on new product development and new product launch strategy to expand its presence in the market. For instance, STMicroelectronics along with Mobileye (Israel) are co-developing Mobileye’s EyeQ 5 system-on-chip, to be used as a central computer performing sensor fusion for fully Autonomous Driving (FAD) vehicles from 2020.

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