Asia Pacific Interaction Sensor Market Size, Share & Industry Trends Analysis Report By Vertical (Entertainment, Consumer Electronics, Automotive, and Others), By Technology (Camera-Based, Voice Recognition, and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Interaction Sensor Market would witness market growth of 25.3% CAGR during the forecast period (2022-2028).
Most gesture recognition system work in two steps, acquisition and interpretation. Physical gestures are converted into numeric data by the acquisition system. Generally, acquisitions are sensor-based. Many acquisition methods, for instance, rely on electromyography (EMG), which records electrical impulses from muscle movements.
Electrodes placed on the skin can be used to record EMG data. Using cameras, vision-based systems can also obtain data. Combining vision-based sensing devices and EMG data is typical. Whenever the camera is obstructed, the EMG findings can be useful, whereas the camera offers an absolute assessment of the hand condition. This combination has numerous benefits, including enhanced precision and more powerful gesture recognition.
The acquired data is subsequently transmitted to the interpretation system, which interprets data symbols and produces a determination. Convolutional neural networks (CNNs) are frequently employed for this task because they provide accurate categorization for networks trained on huge datasets. On the platform, CNNs can be implemented with minimum processing power. There are currently numerous integrated CNN processors that are also capable of visual data processing.
It is anticipated that Asia Pacific will continue to be the region with the greatest consumption of tactile sensors because of a growing industrial base in developing countries in the region along with the growth of the consumer electronics sector. After the economy was liberalized in China, the country's electronics industry experienced rapid growth as a result of the national strategic strategy of boosting the "informatization" of the country's industrial development.
The China market dominated the Asia Pacific Interaction Sensor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,210.6 Million by 2028. The Japan market is estimated to grow a CAGR of 24.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 26.1% during (2022 - 2028).
Based on Vertical, the market is segmented into Entertainment, Consumer Electronics, Automotive, and Others. Based on Technology, the market is segmented into Camera-Based, Voice Recognition, and Others. Based on countries, the market is segmented into China, Japan, India, Australia, South Korea, Singapore, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Interaction Sensor Market is Projected to reach USD 98.5 Billion by 2028, at a CAGR of 24.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Infineon Technologies AG, NXP Semiconductors N.V., Robert Bosch GmbH, Texas Instruments, Inc., Acconeer AB, Neonode, Inc., Microchip Technology, Inc., TDK Corporation, and Yageo Corporation (KEMET Corporation).
Scope of the Study
Market Segments Covered in the Report:
- Consumer Electronics
- Voice Recognition
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Texas Instruments, Inc.
- Acconeer AB
- Neonode, Inc.
- Microchip Technology, Inc.
- TDK Corporation
- Yageo Corporation (KEMET Corporation)
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Global Interaction Sensor Market Report 2022-2028
North America Interaction Sensor Market Report 2022-2028
Europe Interaction Sensor Market Report 2022-2028