Global Interaction Sensor Market Research Report — Forecast till 2027

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. 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



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 44.75 Billion
  CAGR   25.13%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Industry Vertical
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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)
  Key Market Opportunities   Rapid surge in virtual reality as well as augmented reality technologies can also be a growth inducer in the global market.
  Key Market Drivers

  • Increasing demand for interactive gaming.
  • Increasing safety and security concerns in automotive industry.

    		•


    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