The US electronic sensors market is estimated to grow at a CAGR of 8.6% during the forecast period. The electronic sensors market in the country is driven by the rising application of sensor-based devices in different sectors including consumer electronics, aerospace & defense, automotive, security & surveillance, and healthcare among others. The country is one of the leading and innovative markets for electronic products due to the well-established smartphone industry and widespread application of electronic components in entertainment devices, automotive, and healthcare equipment. Along with that, the significant growth in the semiconductor industry offers considerable support to the growth of the consumer electronics industry which in turn will drive the electronic sensors market growth. Moreover, the advent of AI technologies in various industries further provides ample opportunity for market growth in the near future.
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The US market for electronic sensors is segregated on the basis of type and application industry. Based on the product type, the market is further classified into image sensor, temperature sensor pressure sensor, motion sensor, biometric sensors, and others (proximity sensors). The image sensor segment is projected to have considerable growth due to the growing application in consumer electronics such as smartphones and wearable devices. Based on the application, the US electronic sensors market is further segmented into consumer electronics, automotive & transportation, industrial, IT & telecom, healthcare, aerospace & defense, and others. The automotive segment is estimated to have considerable growth in the market owing to the growing application of image sensors in autonomous vehicles across the globe.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
US electronic sensors Market – Segmentation
By Type
- Image Sensor
- Temperature Sensor
- Pressure Sensor
- Motion Sensor
- Biometric Sensor
- Others (Proximity Sensors)
By Application
- Consumer Electronics
- Automotive & Other Transportation
- Industrial
- IT & Telecom
- Healthcare
- Aerospace & Defence
- Others
The Report Covers
- Comprehensive research methodology of the US electronic sensors market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US electronic sensors industry.
- Insights about market determinants that are stimulating the US electronic sensors market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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