Alps Electric Co., Ltd., Fujitsu Limited, InvenSense Inc., Murata Manufacturing Co., Ltd., Panasonic Corporation, Bosch Sensortec GmbH, MEMS VISION, Samsung Electronics Co., Ltd., Sony Semiconductor Solutions Corporation, Broadcom Inc., and STMicroelectronics International N.V, among others, are the major players in the global smartphone sensors market.
The global smartphone sensors market reached a value of about USD 3.50 billion in 2022. The market is further expected to grow at a CAGR of about 3% in the forecast period of 2023-2028 to reach a value of around USD 4.18 billion by 2028. As per the analysis by Expert Market Research, the market is expected to be driven by the rising application of smartphone sensors in premium smartphones.
A smartphone sensor is defined as a component of a smartphone which enables the detection of various aspects of the environment including light, device orientation, and movement, etc. This component of a smartphone records and analyses the changes taking place. Smartphone sensors can be position-oriented, environment-oriented, or motion-oriented. The increasing sale of smartphones, fuelled by the rising disposable income, growing urbanisation, and rapidly emerging internet of things (IoT), is a driving factor of the smartphone sensors market.
The increasing amalgamation of sensors in premium smartphones, to perform a number of functions such as temperature and humidity detection, heat loss, and image sensing, among others, is further propelling the market growth.
Over the forecast period, the increasing potential uses of smartphone sensors across sectors such as construction and automotive, is expected to add to the smartphone sensors market growth Meanwhile, the anticipated increase in demand for smartphone sensors in the agriculture sector, to measure temperature, humidity, soil quality, air purity, and data about fertilisers and insecticides, is expected to provide impetus to the market in the coming years.
Technological upgradations and product innovations in smartphone sensors are major market trends. For instance, the development of smartphone sensors which fixes the white-black balance in a frame. New launches of smartphones and rapid expansion of popular brands are further escalating the growth of smartphone sensors market.
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Alps Electric Co., Ltd. is a renowned electronic equipment manufacturing company which produces a wide range of electronics such as switches, sensors, and touchpads, among others. The company innovates in smartphone sensors, with a product portfolio that includes waterproof pressure sensors, humidity sensors, geomagnetic sensors, detector switches, and actuators, etc. Alps Electric also focuses on facilitating mass production of high-precision sensors to help extend the reach of smartphone sensors amongst a wider global audience.
Fujitsu Limited is a leading information and communications technology company and one of the largest electronic manufacturing companies in terms of revenue. The product portfolio of this company includes client computing devices, peripheral devices, integrated systems, servers, storage solutions, infrastructure management, and security systems, among others. The company has also manufactured some of the innovative smartphone sensors such as heart rate monitoring sensors for mobiles that are of interest for consumers proactively tracking their heart health.
|Headquarters:||California, United States|
InvenSense Inc. is a consumer electronics manufacturing company which innovates in smart sensor technology. The product portfolio of this company includes smart motion sensors, ultrasonic time of flight sensors, MEMS pressure sensors, smart automotive sensors, and MEMS industrial sensors, among others. The products manufactured by this company cater the demands of various end use sectors including automotive, drone, industrial, IoT, location software and services, mobile, robotics, and sound. The subsidiaries of InvenSense Inc include Trusted Positioning Inc., InvenSense International, Inc., and Analog Devices Technology, among others.
Murata Manufacturing Co., Ltd. is a Japanese electronics manufacturing company which produces capacitors, inductors, noise suppression products, resistors, thermistors, sensors, timing devices, and quartz devices, among others. The company also develops RFID solutions and Wi-Fi sensing solutions which cater to the demands of sectors such as fashion, retail, and healthcare. Moreover, the company also manufactures and markets communications equipment, mobility and enterprise systems, and industrial and personal electronics, and is a major contributor towards electronic innovations.
Panasonic Corporation is a leading technology manufacturing company which deals with the development, manufacturing, and marketing of electrical appliances, HVAC systems, food and beverage distribution, high-end internet-enabled electronic equipment, and sensors. The company has around 178 bases with a global presence, and manufactures a wide range of smartphone modules, tablets, connectors, and sensors, among others. Panasonic Corporation caters to the electronic demands of various end use sectors including broadcasting, distribution, healthcare, energy and social infrastructure, and logistics, among others.
Bosch Sensortec GmbH is a leading electronics manufacturer which offers a diverse range of electrical appliances including motion sensors, environmental sensors, smart sensor systems, and optical and acoustic microsystems. The company also provides expertise in smartphones, tablets, wearables and hearables, drones, robots, AR and VR, gaming and toys, and industrial appliances. Bosch Sensortec GmbH is also a leading innovator in sensors and the company has produced gas sensors incorporated with artificial intelligence.
MEMS VISION is a multinational company which manufactures sensors, MEMS, and semiconductors. At the core of its solutions and products are micro electrical-mechanical systems or MEMS and high-end integrated circuits or ICs. The company is considered to be one of the largest manufacturers of high-end electronics and gadgets enabled with the Internet of Things, and also specialises in electromechanical systems with a strong patent portfolio. MEMS VISION caters to industries such as medical, building and construction, automation, automotive, wearables, and smart gadgets, among others.
|Headquarters:||Suwon-Si, South Korea|
Samsung Electronics Co., Ltd. is a leading electronics corporation which manufactures smartphones, TV and audio equipment, home appliances, displays, and accessories, among other high-end electronic gadgets. The company also provides expertise in semiconductor, telecom, and digital convergence technology, catering to the diverse demands of various end use sectors. It focuses on developing technologies that help consumers worldwide lead improved lives that are healthier and happier. With an active research and development division, the company works on searching for the next possible life-changing technologies.
Sony Semiconductor Solutions Corporation is a subsidiary of the Sony Group Corporation and a leading innovator of smart equipment and appliances with a diverse portfolio which includes image sensors, AI sensing platforms, micro displays, board computers, and laser diodes, among others. The company provides high-end electrical equipment across sectors such as mobility, manufacturing, logistics, agriculture and farming, research, traffic and transportation, and security. This company also innovates in centred and image sensors, making it a prominent player in this market.
|Headquarters:||California, United States|
Broadcom Inc. is a semiconductor manufacturing company which provides broadband Wi-Fi AP solutions, data centre solutions, financial services solutions, enterprise security, broadband access services, and motor drive and control services, among others. The company’s portfolio includes storage systems, wireless appliances, wired connectivity, optical products, Broadcom software, mainframe software, and cybersecurity solutions, among others. Broadcom Inc. also provides infrastructure solutions which help enterprises improve their productivity while expanding growth opportunities.
STMicroelectronics International N.V is a high-tech manufacturer of semiconductors and electrical equipment. The product portfolio of this company includes amplifiers and comparators, audio ICs, automotive ADAS devices, data converters, imaging and photonics solutions, and motor drivers, among others. This company also produces IoT devices, communications equipment, safety and security solutions, lighting, audio solutions, and peripherals. STMicroelectronics International N.V has more than 200,000 customers across the globe and caters to the demands of various end use sectors.
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