Dublin, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/dlc7km/global_sensor) has announced the addition of the "Global Sensor Module for Mobile Devices 2016-2020" report to their offering.

The global sensor module market for mobile devices to grow at a CAGR 9.26% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global sensor module market for mobile devices for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of different types of sensor modules to manufacturers of smartphones, tablets, and wearables. The report also includes a discussion of the key vendors operating in this market.

The smartphone segment contributed the highest revenue and is expected to continue its dominance during the forecast period. APAC has been the largest contributor to the market, it will continue to dominate during the forecast period. The main reason behind the high growth in APAC is the presence of a large number of consumer electronics manufacturers in countries such as China, Taiwan, and South Korea. APAC will be followed by the Americas and by Europe, the Middle East, and Africa (EMEA).

The introduction of combo chips, combo sensors or sensor fusion, and the Internet of Things (IoT) is the emerging trend in the market. When data two or more sensors is combined together, it is known as sensor fusion. This helps enhance the efficiency and accuracy of sensors. A combo chip refers to an integrated chip with two or more subsystems that used to be embedded separately, such as Bluetooth and Wi-Fi. IoT sensors, on the other hand, collect data from the environment and transmit it to cloud storage, wherein the data is processed and sent to end-users.

According to the report, the rapid influx of smartphones and tablets is driving the market for sensor modules. In addition, the falling cost of smartphones, increasing penetration of the Internet, and constantly changing technology motivate consumers to buy new mobile devices.

Further, the report states that rapid changes in sensor technology pose a challenge for vendors, as they continuously need to upgrade their products in order to support new technologies.

Key vendors:

- Asahi Kasei Microdevices (AKM)
- Bosch Sensortec
- InvenSense
- STMicroelectronics
- Texas Instruments

Other prominent vendors:

- Alps Electric
- Analog Devices
- Freescale Semiconductor
- Kionix
- MEMSIC

Key Topics Covered:

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Top vendor offerings

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by application
- Global sensor module market for mobile devices by smartphone application
- Global sensor module market for mobile devices by tablet application
- Global sensor module market for mobile devices by wearable application

PART 07: Geographical segmentation
- Market overview
- Market size and forecast

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
- Competitive scenario
- Other prominent vendors

PART 14: Appendix

For more information visit http://www.researchandmarkets.com/research/dlc7km/global_sensor

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