SAN FRANCISCO, July 29, 2015 /PRNewswire/ --
The Global Consumer Electronic Sensors Market is expected to reach USD 34.57 billion by 2022, according to a new study by Grand View Research, Inc. Increasing Proliferation of smartphones and tablets on a global level is expected to drive demand over the forecast period. Preference for smart devices and increasing disposable income may further fuel the consumer electronic sensors market. High performance cameras in high-end smartphones along with newer applications such as restore recognition, 3D mapping, eye tracking, etc. is expected to favor revenue growth.
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Browse full research report with TOC on "Consumer Electronic Sensors Market Analysis By Product (Image Sensors, Motion Sensors, Temperature Sensors, Pressure Sensors, Touch Sensors, Position Sensors), By Application (Communication, Entertainment, Home Appliances, IT) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/consumer-electronic-sensors-market
Increasing trend of two cameras per device and need for high-end cameras in gaming consoles has added to product demand. Surveillance applications are also expected to show growth opportunities owing to increasing implementation worldwide in traffic management. Increased R&D has enabled cheaper, miniaturized, and efficient products, which serves as an attractive opportunity for industry participants. Continuous technology advancements such as increasing use of Micro Electro Mechanical Systems (MEMS) products owing to benefits such as low power consumption and cost, miniaturization, easy integration, and high performance may provide positive avenues to overall demand.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/sensors-and-controls
For the purpose of this study, Grand View Research has segmented the Consumer Electronic Sensors Market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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