Image sensor products lead the smart sensor market in 2016,
growing with a CAGR of 17.5% during the forecast period
The Image Sensor market lead the global smart sensor market garnering
a revenue of $5.38 billion in 2016. However, the highest CAGR of 20% is
supposed to be witnessed by the smart temperature sensor market
during the forecast period. This is because of the considerable increase in
the demand for smart and automotive temperature systems and a
considerable growth of HVAC system market. There are tremendous
opportunities for the research and development in this very segment and
hence innovative technical advancements will be flourishing the smart
temperature sensors technology as an integral part of various smart city
and automotive temperature control systems.
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