The global Non-Optical Sensors and Actuators market for communication industry is projected to grow at a CAGR of 5.61% to reach US$10.074 billion by 2024, from US$7.261 billion in 2018. The demand for Non-Optical Sensors and Actuators for the communications industry will be primarily driven by the rising integration of Non-Optical Sensors and Actuators in smartphones and similar devices in order to enhance their capabilities and performance. Simultaneously, the integration of heat and humidity sensors in smartphones have also increased to limit the damage to the device. For example, Samsung’s latest flagship smartphones, the Galaxy S10, and the Galaxy S10+ have incorporated an under the display ultrasonic fingerprint sensor. Furthermore, the increasing adoption of smartphones around the world will further augment the demand for these sensors in the coming years.
Integration of Increasing functionality in the smartphone by the manufacturers.
Rising disposable income.
Cyclical nature of the semiconductor industry.
Major industry players profiled as part of the report are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, NXP Semiconductors, Infineon Technologies AG, STMicroelectronics, and ON Semiconductor, among others.
The global non-optical sensors and actuators market for communication industry has been analyzed through the following segments:
Europe Middle East and Africa