Global Consumer Electronic Sensors Market Report 2025 size is projected to touch USD 34.57 billion by the end of 2022, as per the report released by Million Insights. Increasing penetration of tablets and smartphones and the growing number of internet users are predicted to accelerate the market growth over the estimated period. Other factors such as growing demand for smart devices, increasing per-capita income, presence of high performing cameras in premium smartphones, and demand for new features such as face unlock, 3D mapping etc. are anticipated to bode well for the market growth.
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Market Synopsis of Consumer Electronic Sensors Market:
The insertion of two cameras in mobiles to enhance the image quality and requirement of high performing cameras in various gaming consoles are the favorable factors. Surveillance and security applications of devices are also anticipated to showcase considerable growth owing to rising applications across the globe in traffic monitoring and management. Rising investment in R&D has made cost-effective, compact and efficient devices, which offer lucrative opportunities to market players. Continuous technological innovation such as rising application of Micro Electro Mechanical System (MEMS) products due to various advantages such as easy integration, high-end performance, low power intake, economical, and miniaturization are anticipated to help in supplementing the product demand over the forecast period.
Asia Pacific held the largest market share owing to the growing demand for electronic products from developing nations such as India and China. The consumer electronic sensors market growth is also projected to be driven by factors such as increasing per capita income, the introduction of smartphones with innovative features and rising demand for multimedia gaming among consumer, especially youngsters. Equipping laptops and palmtops with webcams is also promoting the product demand. The growing trend of sharing pictures in social networking applications such as Instagram, Facebook, Tumblr and others, and following new fashion on social media endorsed by celebrities are also projected to drive the use of smartphones, thereby, propelling the market growth in the upcoming years.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Consumer Electronic Sensors: Market Variables, Trends & Scope
Chapter 4 Consumer Electronic Sensors: Product Estimates & Trend Analysis
Chapter 5 Consumer Electronic Sensors: Application Estimates & Trend Analysis
Chapter 6 Consumer Electronic Sensors: End-use Estimates & Trend Analysis
Chapter 7 Consumer Electronic Sensors: Industrial End-use Estimates & Trend Analysis
Chapter 8 Consumer Electronic Sensors: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Consumer Electronic Sensors: Manufacturers Company Profiles
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