The US electronic sensors market is projected to grow at a at a CAGR of 8.6% CAGR during the forecast period (2020-2026). The rising trend for wearable devices in the country further raises the demand for the application of electronic sensors in this industry. The wearable device industry is majorly driven by healthcare industry players, where a shift towards the development of wearable devices for health monitoring has been observed in recent years. Several federal initiatives are designed by US policymakers to support healthcare advancement through IT. The amalgamation of the two sectors is projected to support the current medical system, lower costs, and contribute to improvement in outcomes.
Browse the full report description US Electronic Sensors Market Size, Share & Trends Analysis Report By Type (Image Sensor, Temperature Sensor, Pressure Sensor, Motion Sensor, Biometric Sensor, and Others), By Application (Consumer Electronics, Automotive & Other transportation, Industrial, IT & Telecom, Healthcare, Aerospace & Defence and Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/us-electronic-sensors-market
IT plays a central role in the development of various health solutions related to electronic devices. This has led to the development of sensor-enabled healthcare devices such as Fitbit, which is continued to dominate the market among various health monitoring gadgets in the country. Apple is one of the major market players in devices based on image sensors with its smartwatch which has proved to be a significant success for the company. In terms of gadget ownership, Americans are spending much more on smartphones, wearable devices, and tablets compared to other economies. Americans are increasingly connected to the world of digital information while on the go via smartphones and tablets. Therefore, the growing trend towards these devices further provides ample opportunity to the market.
Market Coverage
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Report Elements |
Details |
|
Study Period |
2019-2026 |
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Base year |
2019 |
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Forecast period |
2020-2026 |
|
Segments Covered |
By Type, and by Application |
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Key Companies Profiled |
Sony Corp., Samsung Electronics Co., Ltd., NXP Semiconductors N.V., OmniVision Technologies,
Inc., Robert Bosch GmbH, and
others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
o Recommendations
US electronic sensors Market – Segmentation
By Type
By Application
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