Sensor Fusion Market Share

Statistics for the 2023 & 2024 Sensor Fusion market share, created by Mordor Intelligence™ Industry Reports. Sensor Fusion share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Sensor Fusion Industry

The sensor fusion market is fragmented. It is a highly competitive market with several players, and no dominant player is present. However, with innovation and developments, many companies are increasing their market presence by tapping new markets. Some key market players include Robert Bosch GmbH, Infineon Technologies AG, NXP Semiconductor, and STMicroelectronics NV.

  • January 2023 - Automotive supplier ZF presented its next camera generation with the Smart Camera 6. This new camera generation merges various sensor data in its Image Processing Module (IPM) to create a detailed 3D all-around vehicle view and the recognition and management of complex traffic situations. According to the company, this technology will be an important building block in developing automated driving and safety systems.
  • November 2022 - STMicro launched its latest 6-axis IMU with embedded AI and sensor fusion features. Aimed at enabling low-power sensing applications such as wearables and AR/VR, it serves up sensor fusion blocks and machine learning (ML) cores.

Sensor Fusion Market Leaders

  1. Robert Bosch GmbH​

  2. Infineon Technologies AG

  3. NXP Semiconductor​

  4. STMicroelectronics NV ​

  5. Kionix Inc (Rohm Semiconductor)​

*Disclaimer: Major Players sorted in no particular order

Sensor Fusion Market  Concentration

Sensor Fusion Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)