Global Electronic Sensors Market is projected to reach USD 20.5 billion by 2020

Date: 2016-09-12

Electronic sensor is a device which is capable to sense the changes in environment and generate the output. The sensors are basically the transducers which convert non electrical quantity to electrical quantity. And the outputs of transducers are proceed further for proper operation.

Communication is expected to be the key application segment over the forecast period owing to high demand for PDA and mobile phones. Growing demand for gaming services is expected to positively contribute to entertainment applications. The industry is characterized by preference towards smart features in washing & drying machines, dishwashers, cooking, and air-conditioning appliances. The entertainment segment accounted for over 15.3% of the global revenue in 2015.

Global Electronic Sensors Market Share, by applications, 2015


The global electronic sensors market reached about USD 12.0 billion in 2015, and is projected to reach USD 20.5 billion by 2020, growing at a CAGR of 11.3% from 2016 to 2020. In terms of region, Asia-Pacific region accounted for the largest market share of electronic sensors followed by Europe. By the applications, communication is the largest market of electronic sensors, accounting for more than 40% of the global market.

Competitors active in this market include Sony Corporation, Samsung Electronics, Stmicroelectronics N.V., NXP Semiconductors N.V., TE Connectivity, Robert Bosch GmbH, Infineon Technologies AG, Omron Corporation etc.. Sony Corporation (Japan) held the leading position in the electronic sensors market for consumer industry in 2015 with a range of image sensors that fulfill the needs of many participants of the consumer electronics industry, ranging from smartphone to digital camera. Taking into account the efforts of the company’s ongoing strategic acquisitions and expansion, it may lead to innovations in the near future trend of image sensor technology.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

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