Global Event-based Sensor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Event-based Sensor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Event-based sensing is a new paradigm in imaging technology inspired by human biology. It promises to enable a smarter and safer world by improving the ability of machines to sense their environments and make intelligent decisions about what they see.

Market Overview:

The latest research study on the global Event-based Sensor market finds that the global Event-based Sensor market reached a value of USD 42.99 million in 2022. It’s expected that the market will achieve USD 120.14 million by 2028, exhibiting a CAGR of 18.68% during the forecast period.

Limitations

Sensors are characterized by technical diversity, marginality, comprehensiveness and technicality in the development and manufacturing process. It is a collection of high-tech products. Due to the intensive technology involved, the requirements for talents are relatively high, but in some of the less developed regions, the talent and technology are not able to keep up with the requirements of the times.
The high investment cost means that research and development and production of a certain sensor product requires a certain investment intensity, especially when it comes to engineering research and establishing a scale economic production line, it requires a larger investment.
Event sensor-based applications penetrate into various industrial sectors, which promote the development of various industries, but at the same time depend on the development of various industries. In addition, fluctuations in raw material prices can have a certain impact on the event-sensor market.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Prophesee is one of the major players operating in the Event-based Sensor market, holding a share of 20.37% in 2019.

Prophesee SA develops machine vision sensors and systems for applications in the fields of machine vision. It serves clients in bio-medical and healthcare, gaming, industrial automation, instrumentation and lab, mobile and device, robotics, security and surveillance, video compression, aerospace and defense, and automotive markets.

iniLabs Ltd. manufactures and distributes neurotechnological products. The company offers DVS128, a Dynamic Vision Sensor (DVS). iniLabs Ltd. was founded in 2009 and is based in Zurich, Switzerland.

Segmentation Overview:

Among different product types, Dynamic Vision Sensors segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Depth Imaging with Detecting Sensors segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Event-based Sensor market covered in Chapter 3:

Austrian Institute of Technology
Inilabs
Hillhouse Technology (CelePixel)
Insightness
Prophesee

In Chapter 4 and Chapter 14.2, on the basis of types, the Event-based Sensor market from 2018 to 2029 is primarily split into:

Dynamic Vision Sensors
Dynamic Audio Sensors
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Event-based Sensor market from 2018 to 2029 covers:

Depth Imaging with Detecting Sensors
OCR Sensors
Counting Sensors
Measuring Sensors
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)