Sensor fusion is a technology which allows the combination of data derived from various
sensors to create a more accurate image of the subject which ultimately helps improve
system performance and improves application. A part of data fusion, sensor fusion has
immense potential and has been exhaustively researched by Market Research Future in
their latest report on the subject. Growing at a CAGR of 19.45% during the forecast period
from 2018 to 2023, the global sensor fusion market was valued at USD 2.25 Bn in 2017 and
will grow to reach a value of USD 6.37 Bn by 2023. Sensor fusion is most commonly
deployed in research installations, camera systems, and image processing. A variety of
important applications which are growing have impacted growth for the global sensor
Get Sample Report
Integrated sensors are witnessing increasing demand in smartphones among other mobile
devices. The miniaturization of electronics has led to the development of smaller sensors
and has increased the need for sensor fusion to gather relevant data without forgoing
capacity and function in smaller sensors. In smartphones, sensor fusion is helpful for
tracking device location which is further used for a number of smartphone applications.
Additionally, the increasing demand for wearable devices is expected to drive the growth of
the global sensor fusion market. Additionally, in military applications, sensor fusion is used
for intelligent processing of remote sensing imaging. Sensor fusion has been developed to
be able to provide information in cases of partial failure so as to maintain reliability. This has
also improved the adoption of sensor fusion. Advanced industrial applications and the use
of sensor fusion for the development of sophisticated robots is expected to help boost the
market over the review period.
The market is not without restraints, however and is challenged by a lack of standardization.
Moreover, the inc