The European electronic sensors market is estimated to grow at a CAGR of 8.4% during the forecast period. Advancement in the automotive industry, healthcare, security including others is the major factors that are propelling the market growth. In addition, Europe has a huge potential for the growth of the electronics market, owing to an advanced economy. EU is one of the unique economic and political unions amongst countries that together cover much of the continent. Europe is considered as a prominent electronics region, designing and manufacturing leading-edge micro and nanoelectronics solutions for the global electronics industry. Therefore, the significant electronics industry further contributes to the growth of the market.
The European 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 European 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. Based on geography, the European electronic sensors market is further segregated into UK, Germany, France, Spain, Italy, and the Rest of Europe. Among, geography Germany is projected to have a considerable share in the European electronic sensors market.
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European 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
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Regional Analysis
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- AMS AG
- Canon, Inc.
- Infineon Technologies AG
- Hamamatsu Photonics K.K
- NXP Semiconductors N.V.
- OMRON Corp.
- Panasonic Corp.
- Robert Bosch GmbH
- Sony Corp.
- Samsung Electronics Co., Ltd.
- STMicroelectronics International N.V.
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