Global Interaction Sensor Market Research Report, By Technology (Camera-Based, Voice Recognition), Industry Vertical (Consumer Electronics, Entertainment, Automotive,) Region (North America, Europe, Asia-Pacific, Rest of the World)— Forecast till 2027
ID: MRFR/SEM/5512-HCR | February 2021 | Region: Global | 100 pages
Market synopsis
Global interaction sensor market is expected to grow from USD 11.66 billion in 2017 to USD 44.75 billion by 2023, at a compound annual growth rate (CAGR) of 25.13% during the forecast period. Increasing demand for interactive gaming is one of the major factors enhancing the growth of interaction sensors market. Previously, human interaction in games was restricted to pushbuttons on a controller. However, with emergence of advance technologies and use of various sensors such as interaction sensors, proximity sensors, touch sensors among others, the gaming space is no longer constrained, resulting in increased interaction between the user and the game. Additionally, interactive sensors offer real time experience, thereby allowing physical and active involvement of players in the game. Moreover, interaction sensors enable handling and managing wide range of devices such as personal navigation device, computers, laptops and mobile handsets through gestures or touch as input, delivering a high degree of convenience to the user. Additionally, increasing safety and security concerns in automotive industry is driving the growth of this market. Also, proliferation of interactive sensors along with motion sensors in autonomous vehicle, smart homes and interactive television is expected to have direct impact on the dynamics of the industry.
Interactive sensors refer to a type of sensor that interacts with different devices through touched or through gestures. In gesture recognition technology, the interactive sensors enable interaction between human and devices without requiring physical, touch, or contact based input mechanisms. Interactive sensor receives wireless sensor data, recognize and translate it into commands. Continuous innovations in manufacturing and adoption of advance technologies have allowed many sensing technologies to find application in consumer products. Additionally, factors such as small size and lower power consumption gives a competitive edge to industry players such as Google Inc., Analog Devices, Inc., Omron Corporation, TDK Corporation among others, operating in the intense competitive environment.
Segmentation
Interaction sensor market is segmented on the basis of technology and industry vertical and region.
Based on the technology, the market is segmented into RFID, camera-based, voice recognition and others.
On the basis of industry vertical, the market is segmented into consumer electronics, entertainment, healthcare, automotive, aerospace & defense and others.
By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world.
Regional analysis
The global market for interaction sensor is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of interaction sensor market is done for North America, Europe, Asia-Pacific, and the rest of the world.
North America is expontionally expanding at high growth rate owing to its continuous focus on adopting advance technologies. Also, growing security concerns for both physical and cyber access is enhancing the growth of this market. Asia-Pacific is expected to be the fastest growing region during the forecast period owing to increasing domestic automotive demand in the emerging markets of countries such as India and China, thereby increasing the demand for interaction sensor market.
Competitive Analysis
The interaction sensor market is gaining momentum owing to rapid adoption of advance technologies such as IoT across the world. To improve the efficiency and life of the product, companies are continuously updating their production technologies and processes. The companies are focusing on ongoing process improvements and financial flexibility to invest in the optimal strategies to gain long term growth opportunities. Moreover, the key players are collaborated with other companies to expand its customer base and to provide wide product portfolio to its customer. For instance, on march 2017, NXP Semiconductor N.V. launched two near-field communication (NFC) chips and a range of NFC offerings for advanced product authentication, integrity assurance and enhanced user engagement across consumer manufactured goods, healthcare, retail and other industries.
Key players
The prominent players in the interaction sensor market are Google Inc. (US), Analog Devices, Inc. (US), Omron Corporation (Japan), NXP Semiconductors N.V. (Netherlands), Infineon Technologies (US), ABB Ltd. (Switzerland), Texas Instruments Inc. (US), TDK Corporation (US), STMicroelectronics N.V. (Switzerland), Robert Bosch GmbH (Germany), Atmel Corporation (US) among others.
Intended Audience
Original equipment manufacturers (OEMs) of interaction sensors
Original design manufacturers (ODMs)
Installers and maintenance service providers
Integrated device manufacturers
Consumer electronics manufacturers
Research organizations and consulting companies
Subcomponent manufacturers
Technology providers
Electronic hardware equipment manufacturers
Technology standards organizations, forums, alliances, and associations
Universities and research organizations
Government bodies
Frequently Asked Questions (FAQ) :
Entertainment, consumer electronics, automotive, healthcare, aerospace & defense are the industry vertical that make extensive use of interaction sensors.
Increasing focus on adoption of advanced technologies and the mounting concerns about physical and cyber access are the top factors helping the market size expand in North America.
Surging domestic automotive demand within the emerging markets in India and China makes Asia Pacific the fastest gaining market among all the regions.
The market is experiencing fierce competition between players and also a rising adoption of technologies like IoT. In an attempt to elevate the efficiency as well as the life of the product, vendors are continuously upgrading their production technologies as well as processes. They are highly focused on improving the ongoing processes as well as the financial flexibility by making sizeable investments in effective strategies to claim long term lucrative opportunities.
The market can progress at a rate of 25.13% in the upcoming years.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Interaction Sensor Market
5 Industry Overview of Global Interaction Sensor Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7 Global Interaction Sensor Market by Technology
7.1 Introduction
7.2 RFID
7.2.1 Market Estimates & Forecast, 2020–2027
7.2.2 Market Estimates & Forecast by Region, 2020–2027
7.3 Camera-Based
7.3.1 Market Estimates & Forecast, 2020–2027
7.3.2 Market Estimates & Forecast by Region, 2020–2027
7.4 Voice Recognition
7.4.1 Market Estimates & Forecast, 2020–2027
7.4.2 Market Estimates & Forecast by Region, 2020–2027
7.5 Others
7.5.1 Market Estimates & Forecast, 2020–2027
7.5.2 Market Estimates & Forecast by Region, 2020–2027
8 Global Interaction Sensor Market by Industry Vertical
8.1 Introduction
8.2 Consumer Electronics
8.2.1 Market Estimates & Forecast, 2020–2027
8.2.2 Market Estimates & Forecast, by Region, 2020–2027
8.3 Entertainment
8.3.1 Market Estimates & Forecast, 2020–2027
8.3.2 Market Estimates & Forecast, by Region, 2020–2027
8.4 Healthcare
8.4.1 Market Estimates & Forecast, 2020–2027
8.4.2 Market Estimates & Forecast, by Region, 2020–2027
8.5 Automotive
8.5.1 Market Estimates & Forecast, 2020–2027
8.5.2 Market Estimates & Forecast, by Region, 2020–2027
8.6 Aerospace & Defense
8.6.1 Market Estimates & Forecast, 2020–2027
8.6.2 Market Estimates & Forecast, by Region, 2020–2027
8.7 Others
8.7.1 Market Estimates & Forecast, 2020–2027
8.7.2 Market Estimates & Forecast, by Region, 2020–2027
9 Global Interaction Sensor Market by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, by Country, 2020–2027
9.2.2 Market Estimates & Forecast, by Technology, 2020–2027
9.2.3 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.2.4 US
9.2.4.1 Market Estimates & Forecast, by Technology, 2020–2027
9.2.4.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.2.5 Canada
9.2.5.1 Market Estimates & Forecast, by Technology, 2020–2027
9.2.5.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.2.6 Mexico
9.2.6.1 Market Estimates & Forecast, by Technology, 2020–2027
9.2.6.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.3 Europe
9.3.1 Market Estimates & Forecast, Country, 2020–2027
9.3.2 Market Estimates & Forecast, by Technology, 2020–2027
9.3.3 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.3.4 Germany
9.3.4.1 Market Estimates & Forecast, by Technology, 2020–2027
9.3.4.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.3.5 France
9.3.5.1 Market Estimates & Forecast, by Technology, 2020–2027
9.3.7.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.3.6 Italy
9.3.6.1 Market Estimates & Forecast, by Technology, 2020–2027
9.3.6.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.3.7 Spain
9.3.7.1 Market Estimates & Forecast, by Technology, 2020–2027
9.3.7.2 Market Estimates & Forecast, by Industry Vertical 2020–2027
9.3.8 UK
9.3.8.1 Market Estimates & Forecast, by Technology, 2020–2027
9.3.8.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, Country, 2020–2027
9.4.2 Market Estimates & Forecast, by Technology, 2020–2027
9.4.3 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.4.4 China
9.4.4.1 Market Estimates & Forecast, by Technology, 2020–2027
9.4.4.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.4.5 India
9.4.5.1 Market Estimates & Forecast, by Technology, 2020–2027
9.4.5.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.4.6 Japan
9.4.6.1 Market Estimates & Forecast, by Technology, 2020–2027
9.4.6.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.4.7 Rest of Asia-Pacific
9.4.7.1 Market Estimates & Forecast, by Technology, 2020–2027
9.4.7.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.5 Rest of the world
9.5.1 Market Estimates & Forecast, Country, 2020–2027
9.5.2 Market Estimates & Forecast, by Technology, 2020–2027
9.5.3 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.5.4 Middle East & Africa
9.5.4.1 Market Estimates & Forecast, by Technology, 2020–2027
9.5.4.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
9.5.5 Latin America
9.5.5.1 Market Estimates & Forecast, by Technology, 2020–2027
9.5.5.2 Market Estimates & Forecast, by Industry Vertical, 2020–2027
10 Company Landscape
11 Company Profiles
11.1 Google Inc.
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Analog Devices, Inc.
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Omron Corporation
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 NXP Semiconductors N.V.
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 Infineon Technologies
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
11.6 ABB Ltd.
11.6.1 Company Overview
11.6.2 Product/Business Segment Overview
11.6.3 Financial Updates
11.6.4 Key Developments
11.7 Texas Instruments Inc.
11.7.1 Company Overview
11.7.2 Product/Business Segment Overview
11.7.3 Financial Updates
11.7.4 Key Developments
11.8 TDK Corporation
11.8.1 Company Overview
11.8.2 Product/Business Segment Overview
11.8.3 Financial Updates
11.8.4 Key Developments
11.9 STMicroelectronics N.V.
11.9.1 Company Overview
11.9.2 Product/Business Segment Overview
11.9.3 Financial Updates
11.9.4 Key Developments
11.10 Robert Bosch GmbH
11.10.1 Company Overview
11.10.2 Product/Business Segment Overview
11.10.3 Financial Updates
11.10.4 Key Developments
11.11 Atmel Corporation
11.11.1 Company Overview
11.11.2 Product/Business Segment Overview
11.11.3 Financial Updates
11.11.4 Key Developments
12 Conclusion
LIST OF TABLES
Table 1 Global Interaction Sensor Market, by Region, 2020–2027
Table 2 North America: Interaction Sensor Market, by Country, 2020–2027
Table 3 Europe: Interaction Sensor Market, by Country, 2020–2027
Table 4 Asia-Pacific: Interaction Sensor Market, by Country, 2020–2027
Table 5 Middle East & Africa: Interaction Sensor Market, by Country, 2020–2027
Table 6 Latin America: Interaction Sensor Market, by Country, 2020–2027
Table 7 Global Interaction Sensor Technology Market, by Region, 2020–2027
Table 8 North America: Interaction Sensor Technology Market, by Country, 2020–2027
Table 9 Europe: Interaction Sensor Technology Market, by Country, 2020–2027
Table10 Asia-Pacific: Interaction Sensor Technology Market, by Country, 2020–2027
Table11 Middle East & Africa: Interaction Sensor Technology Market, by Country, 2020–2027
Table12 Latin America: Interaction Sensor Technology Market, by Country, 2020–2027
Table13 Global Interaction Sensor Industry Vertical Market, by Region, 2020–2027
Table14 North America: Interaction Sensor Industry Vertical Market, by Country, 2020–2027
Table15 Europe: Interaction Sensor Industry Vertical Market, by Country, 2020–2027
Table16 Asia-Pacific: Interaction Sensor Industry Vertical Market, by Country, 2020–2027
Table17 Middle East & Africa: Interaction Sensor Industry Vertical Market, by Country, 2020–2027
Table18 Latin America: Interaction Sensor Industry Vertical Market, by Country, 2020–2027
Table19 North America: Interaction Sensor Market, by Country
Table20 North America: Interaction Sensor Market, by Technology
Table21 North America: Interaction Sensor Market, by Industry Vertical
Table22 Europe: Interaction Sensor Market, by Country
Table23 Europe: Interaction Sensor Market, by Technology
Table24 Europe: Interaction Sensor Market, by Industry Vertical
Table25 Asia-Pacific: Interaction Sensor Market, by Country
Table26 Asia-Pacific: Interaction Sensor Market, by Technology
Table27 Asia-Pacific: Interaction Sensor Market, by Industry Vertical
Table28 Middle East & Africa: Interaction Sensor Market, by Country
Table29 Middle East & Africa: Interaction Sensor Market, by Technology
Table30 Middle East & Africa: Interaction Sensor Market, by Industry Vertical
Table31 Latin America: Interaction Sensor Market, by Country
Table32 Latin America: Interaction Sensor Market, by Technology
Table33 Latin America: Interaction Sensor Market, by Industry Vertical
LIST OF FIGURES
FIGURE 1 Global Interaction Sensor Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Interaction Sensor Market
FIGURE 4 Value Chain of Global Interaction Sensor Market
FIGURE 5 Share of Global Interaction Sensor Market in 2017, by Country (in %)
FIGURE 6 Global Interaction Sensor Market, 2020–2027
FIGURE 7 Global Interaction Sensor Market Size, by Technology, 2020
FIGURE 8 Share of Global Interaction Sensor Market, by Technology, 2020 to 2027
FIGURE 9 Global Interaction Sensor Market Size, by Industry Vertical, 2020
FIGURE 10 Share of Global Interaction Sensor Market, by Industry Vertical, 2020 to 2027
