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.
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The companies which are contributing to the growth of the European electronic sensors market include Sony Corp., Samsung Electronics Co., Ltd., NXP Semiconductors N.V., Infineon Technologies AG, Hamamatsu Photonics K.K, Robert Bosch GmbH, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
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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
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
European Electronic Sensors Market – Segmentation by Region
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
The Report Covers
- Comprehensive research methodology of the European 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 European electronic sensors market.
- Insights about market determinants that are stimulating the European electronic sensors industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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