3D Mobile Sensing Hardware Market To Report Impressive Growth, Revenue To Surge To US$ 322.90 Billion By 2024

26-Nov-2018 | Zion Market Research

With the presence of a large pool of participants, the Global 3D mobile sensing hardware market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). TrendForce Corporation, Infineon Technologies, PMD Technologies, Qualcomm Technologies, Inc., Himax Technologies, Inc., AMS AG, and Sunny Opotech Co., Ltd. are some of the key vendors of 3D mobile sensing hardware across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the 3D mobile sensing hardware market study.

Citing an instance, in October 2018, Huawei decided to launch Huawei Mate 20 Pro, the Mate 20 X, the Mate 20 smartphones, and  the Mate 20, thereby further providing impetus to the expansion of  3D mobile sensing hardware market.

Browse the full "3D Mobile Sensing Hardware Market by Type (External sensors and Built-in (Embedded and Internal)), by Product (MEMS, Pressure sensors, Microphones, and Environmental sensors), by Application (Consumer Electronics, Security & Surveillance, Healthcare, Entertainment, Aerospace & Defense, Automotive, Industrial Robotics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017– 2024" report at https://www.zionmarketresearch.com/report/3d-mobile-sensing-hardware-market

As estimated in this report, the global 3D mobile sensing hardware market stood at US$1.38 billion in 2017. Witnessing a tremendous rise during the period from 2018 to 2024, the revenue in this 3D mobile sensing hardware market is expected to reach US$ 322.90 billion by the end of the forecast period. The main products available in this 3D mobile sensing hardware market are MEMS, Pressure sensors, Microphones, and Environmental sensors.

Global 3D Mobile Sensing Hardware Market

Massive Product Demand In Smartphone And Tablets To Spur Market Size

“Large-scale acceptance of pressure sensors among consumers along with the increasing sales of smartphones and tablets are anticipated to drive 3D mobile sensing hardware market earnings over the coming years,” says the author of this 3D mobile sensing hardware market study. Apart from this, massive product applications in healthcare, aerospace & defense, automotive, IoT, consumer electronics, and industrial robotics will propel the 3D mobile sensing hardware market growth. In addition, rapidly expanding Chinese Smartphone industry along with rapidly evolving technologies will further complement the 3D mobile sensing hardware market growth in the years to come.

The low acceptance of 3D sensing technology along with the risk of commoditization, however, is anticipated to hinder 3D mobile sensing hardware market demand in the years ahead. Nevertheless, the rise in the component suppliers and Smartphone manufacturers along with the development of the third party applications are likely to minimize the impact of the hindrances on the 3D mobile sensing hardware market, reports the study.

Rapidly Thriving Consumer Electronics Sector To Augment Regional Dominance

Regionally, North America has been leading the worldwide 3D mobile sensing hardware market and is anticipated to continue on the dominant position in the years to come, states the 3D mobile sensing hardware market study. Rising acceptance rate of smart electronic devices technology along with massive investments in mobile phone manufacturing sector are the key factors behind the dominance of the North America 3D mobile sensing hardware market. The high number of market players being headquartered in North America is another significant factor that is supporting the growth of this regional 3D mobile sensing hardware market.

The global 3D mobile sensing hardware market is segmented as follows:

By Type

  • External sensors
  • Built-in (Embedded, Internal) 

By Product

  • MEMS (Microelectromechanical System)
  • Pressure Sensors
  • Microphones
  • Environmental Sensors
  • Fingerprint
  • ALS (Ambient Light Sensing)
  • CMOS
  • Others

By Application

  • Consumer Electronics
  • Security &Surveillance
  • Healthcare, Entertainment
  • Aerospace &Defense
  • Automotive
  • Industrial Robotics 
  • Others

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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