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Posts from the ‘Market Research’ Category

Sensors/actuators market to 2018

Worldwide sales of sensors and actuators are forecast to grow 14% to a new all-time high of $9.9 billion in 2014, followed by a 16% increase in 2015 to $11.4 billion. Between 2013 and 2018, the sensors/actuators market is projected to rise by a compound annual growth rate (CAGR) of 11.7% to reach $15.1 billion.
Among the market growth drivers identified in the report are new multi-sensor smartphone platforms, wearable systems (such as smart watches, wireless medical devices, and personal activity trackers), “Internet of Things” applications, radio-frequency filtering actuators, pocket-sized projectors built with micro-mirror devices, laboratory-on-chip testing tools for drug, disease, and DNA analysis, microphone chips, fingerprint-identification sensors, and more automotive sensors for higher levels of safety and automation of driving.

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Sensors Markets 2016

The non-military, open market for sensors grew from EUR 81.6 billion in 2006 to EUR 119.4 billion in 2011 and can be expected to grow to EUR 184.1 billion until 2016, according to the World Report published by INTECHNO CONSULTING, Basel (Switzerland). This corresponds to an average annual growth rate of 7.9% between 2006 and 2011, and 9.0% between 2011 and 2016. The average annual growth rate for the entire period covered is 8.5%.

Worldwide growth of sensors markets accelerated by further advance of automation in production processes. Rapid growth of comfort and safety
electronics plus a trend towards driver assistance systems as well as hybrid electric vehicles and electric cars stimulate growth of sensors in the vehicle industry. Increasing demand for gas and biosensors in medicine.

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Sensors – Industry Study with Forecasts for 2016 & 2021

This study analyzes the $11.1 billion US sensors industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by sensor type (e.g., process variable, physical property, proximity and positioning, chemical property, electrical property, imaging) and market (e.g., industrial, motor vehicles, military/aerospace, electronic, medical, consumer electrical and electronic, information technology).

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