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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Semiconductor Sensors Market Outlook

The global semiconductor sensors market is expected to grow in the forecast period of 2024-2032 at a CAGR of approximately 10.5%.

Global Semiconductor Sensors Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 10.5%
CAGR 2024-2032 - Market by Region Latin America 10.8%
CAGR 2024-2032 - Market by Country India 12.1%
CAGR 2024-2032 - Market by Country China 11.6%
CAGR 2024-2032 - Market by Type Wired 11.2%
CAGR 2024-2032 - Market by Application Consumer Electronics 11.1%
Market Share by Country 2023 Australia 3.1%

Rising Adoption of MEMS Propelling the Market Growth of Semiconductor Sensors

The growing adoption of MEMS as well as the advent of sensor fusion technology, is likely to drive the market growth in the coming years. Further, the increasing deployment of semiconductor sensors in the automotive industry is propelling the market growth. With the growing focus on enhancing the safety and reliability of automobiles, sensor fusion technology is increasingly leveraged in the automotive industry, which is bolstering the semiconductor sensors market growth. The increasing penetration of autonomous driving technology is also leading to a surge in the utilisation of semiconductor sensors to enable the self-navigation of autonomous vehicles, which is anticipated to fuel the market’s expansion in the forecast period. Moreover, the market growth in the coming years can be attributed to the rising deployment of semiconductor sensors in various applications like optical devices, navigation systems, health monitors, and motion sensors, among others.

Global Semiconductor Sensors Market

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Market Segmentation

Semiconductor sensors or integrated IC sensors are fitted with reverse bias, a limited capacitance, and low leakage current. They are mounted on thin silicon wafers. They are usually compact, have linear outputs as well as a wide temperature range. Sensors are integrated circuits (ICs), which are built into devices to track or quantify physical movements. Proximity sensors, light sensors, geometric sensors, motion sensors, and fingerprint sensors are among the sensors that are built into consumer electronic products, vehicles, industrial equipment, and aerospace and defence equipment.

Global Semiconductor Sensors Market By Application

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CAGR 2024-2032 - Market by Type
Wired 11.2%
Wireless XX%

Based on type, the semiconductor sensors market can be divided into wired and wireless.

CAGR 2024-2032 - Market by Application
Consumer Electronics 11.1%
Automotive 10.6%
Industrial XX%
Others XX%

The semiconductor sensors market can be broadly categorised based on its applications into:

  • Consumer Electronics
  • Automotive
  • Industrial
  • Others
CAGR 2024-2032 - Market by Region
Latin America 10.8%
Europe 10.1%
North America XX%
Asia Pacific XX%
Middle East and Africa XX%
CAGR 2024-2032 - Market by Country
India 12.1%
China 11.6%
Brazil 11.1%
USA 10.3%
Germany 9.4%
Canada XX%
UK 9.1%
Japan XX%
Australia XX%
Saudi Arabia XX%
Mexico XX%
France 8.8%
Italy 8.3%
2023 Market Share by Country
Australia 3.1%
USA XX%
Canada XX%
UK XX%

The EMR report looks into the regional semiconductor sensors markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Global Semiconductor Sensors Market By Region

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Technological Advancements and Innovations to Bolster the Market for Semiconductor Sensors

The demand for semiconductor sensors is being aided by the increasing use of MEMS technology using micro-fabrication techniques to produce miniaturised mechanical as well as electromechanical components. The growing use of miniature semiconductor components in consumer electronics systems is boosting demand for MEMS sensors. Owing to its capability to obtain an extremely accurate and precise view of data, sensor fusion technology is garnering enormous popularity, which is aiding the growth of the semiconductor sensors market. Intelligent devices can incorporate data from various sensors such as gyroscopes, compass and accelerometers to calculate the elevation, linear translation, gravity, direction, and rotation of sensors using sensor fusion technology. As demand for the integration of semiconductor sensors into intelligent electronic devices and systems across end-user segments is increasing, the semiconductor sensors market is being propelled forward.

Key Players in the Global Market for Semiconductor Sensors

The report presents a detailed analysis of the following key players in the global semiconductor sensors market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Infineon Technologies AG
  • NXP Semiconductors NV (NASDAQ: NXPI)
  • Robert Bosch GmbH
  • STMicroelectronics International NV
  • Texas Instruments Inc.
  • Others

The EMR report gives an in-depth insight into the semiconductor sensors market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Applications
  • Region
Breakup by Type
  • Wired
  • Wireless
Breakup by Applications
  • Consumer Electronics
  • Automotive
  • Industrial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Infineon Technologies AG
  • NXP Semiconductors NV NXPI
  • Robert Bosch GmbH
  • STMicroelectronics International N.V.
  • Texas Instruments Incorporated
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 10.5% between 2024 and 2032.

The major drivers of the market include increasing use of MEMS technology and growing demand for the integration of semiconductor sensors into intelligent electronic devices and systems across end-user segments.

The increasing demand for automotive chips and advent of sensor fusion technology are expected to be key trends guiding the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for the largest share in the market.

The types of semiconductor sensors available in the global market are wired and wireless.

Semiconductor sensors find applications in consumer electronics, automotive, and industrial, amongst others.

The leading players in this market are Infineon Technologies AG, NXP Semiconductors NV NXPI, Robert Bosch GmbH, STMicroelectronics International NV, and Texas Instruments Incorporated, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124