Non-Optical Sensors Market By Key vendors, Size, Share, Analysis and Forecasts To 2021

Market Research analysts forecast the global non optical sensors market to grow at a CAGR of 8.76% during the period 2017-2021.

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.

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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.

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.

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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: 
Americas
APAC
EMEA

Global non optical sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
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

Other prominent vendors 
ABB
Analog Devices
Delphi Automotive
Emerson
General Electric
Melexis Microelectronic Integrated Systems
MEMSI
Maxim Integrated
Schneider Electric
Siemens

Market driver 
Improved efficiency in automotive segment
For a full, detailed list, view our report 

Market challenge 
Accuracy and calibration issues during sensor fusion
For a full, detailed list, view our report 

Market trend 
IoT advantages
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

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Source: https://marketreportscenter.com/reports/507724/global-non-optical-sensors-market-2017-2021