Non-optical sensors – Market Trends, Industry Analysis, and Forecast from Technavio

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According to the latest market research study by Technavio, the global non-optical sensors market is expected to grow at a CAGR of close to 9% during the forecast period 2017 to 2021.

This report by Technavio provides an in-depth analysis of the global non-optical sensors market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the type:

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The top three revenue contributing type segments are discussed below:

Inertial sensors: Rise in demand for smartphones and tablets is the major growth driver of the inertial sensors market. The automotive industry is also playing a vital role in the market growth. With the increasing demand for vehicle automation and governments worldwide mandating the use of automotive safety sensors, the adoption of MEMS inertial sensors is growing.

“One of the major factors contributing to the high growth is the increasing use of MEMS inertial sensors for car infotainment as well as tracking applications in vehicles. Automobiles classified in the low-to-mid segment are also witnessing an increase in integration of advanced features such as GPS and airbags,” says Chetan Mohan, a lead analyst at Technavio for research on semiconductor equipment.

Magnetic field sensors: Currently, magnetic field sensors are one of the most low-field and reliable sensors in the semiconductor industry. Regarding magnetometry capabilities, magnetic field sensors are used for linear and rotary displacement and angular position sensing, detecting the strength of a magnetic field, current sensing, and leveraging earth’s field for navigation and compassing.

Pressure sensors: The growth in the market is attributed to increased demand for pressure sensors in different applications, predominantly in the automotive and consumer electronics sectors. Automotive applications, such as pressure monitoring, brake sensors, side airbag sensors, clutch-transmission systems, and tire-pressure monitoring systems (TPMS), are integrated with pressure sensors. The growing adoption of pressure sensors for automation in the industrial segments is increasing the demand for these sensors. The increasing significance of pressure sensors for invasive and implantable uses in medical appliances is also driving the adoption of these sensors in the healthcare segment.

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The top vendors operating in the global non-optical sensors market are:

  • Allegro MicroSystems
  • Infineon Technologies
  • Micronas Semiconductor Holding
  • Robert Bosch
  • Sensata Technologies
  • Freescale Semiconductor
  • Honeywell International
  • Microchip Technology
  • NXP Semiconductors
  • Panasonic
  • STMicroelectronics
  • Texas Instruments
  • Asahi Kasei Microdevices
  • Bosch Sensortec
  • InvenSense

The other prominent vendors in the market include ABB, Analog Devices, Delphi Automotive, Emerson, General Electric, Melexis Microelectronic Integrated Systems, MEMSI, Maxim Integrated, Schneider Electric, and Siemens.

A more detailed analysis is available in the Technavio market research report titled, ‘Global Non-Optical Sensors Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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