About Non-Optical Sensors
A sensor is a device that measures or responds to physical changes in the environment and converts the signals appropriately. Sensors that use magnetic fields to sense changes in the environment are known as magnetic field sensors. The applications for magnetic sensors mainly include speed sensing, motion sensing, and direction sensing. These sensors have found application in different sectors such as the automotive, wireless and consumer electronics, industrial, military, energy, medical, and data processing. Non-optical sensors essentially measure forms of mechanical stress over the subjects and do not use light as a medium.
Technavio’s analysts forecast the global non optical sensors market to grow at a CAGR of 8.76% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global non optical sensors market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of the sensors, which include Inertial sensors, Magnetic field sensors, Pressure sensors, and Temperature sensors.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global non-optical sensors Market 2017-2021
Technavio recognizes the following companies as the key players in the global non optical sensors market: Allegro MicroSystems, Infineon Technologies, Micronas Semiconductor Holding, Robert Bosch, DENSO, Sensata Technologies, Freescale Semiconductor, Honeywell International, Microchip Technology, NXP Semiconductors, Panasonic, STMicroelectronics, Texas Instruments, Asahi Kasei Microdevices, Bosch Sensortec, and InvenSense.
Other Prominent Vendors in the market are: ABB, Analog Devices, Delphi Automotive, Emerson, General Electric, Melexis Microelectronic Integrated Systems, MEMSI, Maxim Integrated, Schneider Electric, and Siemens.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is IoT advantages. IoT connects electronic devices to the Internet, thereby facilitating data transfer over a wireless (or wired) network. The technology needs minimum human intervention. The devices needed for this technology should have sensors and actuators that will play a key role in mobile sensing, ensuring that the technology delivers efficient performance. IoT integrates technologies such as data communication, hardware design, and data storage and mining.”
According to the report, one of the major drivers for this market is improved efficiency in automotive segment. Numerous sensors are required in modern day cars, and many more applications are expected to arise in the future. This can be attributed to consumers demanding features that improve safety, handling, stability, performance, comfort, convenience, and other attributes of a vehicle. In vehicles, the body and powertrain segments show the high potential of magnetic sensors.
Further, the report states that one of the major factors hindering the growth of this market is accuracy and calibration issues during sensor fusion. The problem of calibration and accuracy issues arise when two sensors are combined and subsequently used in a range of applications. This problem is most prominent in inertial sensors. They are small and unobtrusive devices that are used in combination with an aiding sensor. This is where the problem of sensor fusion arises. The problem essentially stems from issues in combining information from different sensors and extracting a feasible estimate from all measurements.
Allegro MicroSystems, Infineon Technologies, Micronas Semiconductor Holding, Robert Bosch, DENSO, Sensata Technologies, Freescale Semiconductor, Honeywell International, Microchip Technology, NXP Semiconductors, Panasonic, STMicroelectronics, Texas Instruments, Asahi Kasei Microdevices, Bosch Sensortec, InvenSense, ABB, Analog Devices, Delphi Automotive, Emerson, General Electric, Melexis Microelectronic Integrated Systems, MEMSI, Maxim Integrated, Schneider Electric, Siemens.
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