Fueled by new applications -- particularly in the large motor vehicle market -- US demand for sensor products (sensors, transducers and associated housings)
April 27, 2007 (Press Release) --
Sensors forecasts to 2010 & 2015
US sensor demand to expand 6.7% per year through 2010
Fueled by new applications -- particularly in the large motor vehicle market -- US demand for sensor products (sensors, transducers and associated housings) is projected to increase 6.7 percent annually to over $15 billion in 2010. The fastest growth will occur in sensors based on more advanced, sophisticated technologies and those sensors likely to be used in dynamic applications such as automotive safety and security systems, consumer electronics and information technology.
Advanced proximity, imaging sensors to offer best market opportunities
Products such as advanced proximity and positioning sensors and complementary metal-oxide silicon (CMOS) imaging sensors hold especially good prospects through the end of the decade. Advanced proximity and positioning sensors -- based on a range of technologies, including infrared, radar and ultrasonic -- are expected to be widely used in motor vehicle safety systems. Imaging sensors, widely used in such products as mobile telephones, digital cameras, camcorders, video games, computer monitors, are benefitting from technological innovations that are driving down costs while improving performance, especially in devices based on CMOS microchip construction. Demand for certain types of physical properties sensors, such as speed sensors based on micro-electromechanical systems (MEMS) technology, is also expected to advance at well above the pace of the overall market.
All major sensor markets to grow at above-average rates
The motor vehicle, information technology and consumer electronics markets are all expected to increase at an above-average pace, primarily due to new applications for advanced sensors in these markets. Sensor imports, which comprised over one quarter of demand in 2005, will continue to increase more rapidly than exports. Rising imports will be fueled by the technical expertise of nations such as Germany and Japan, and by the labor cost advantage that many developing nations have over US producers.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=8151
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
http://www.bharatbook.com/general/customresearch.asp
Sensors forecasts to 2010 & 2015
US sensor demand to expand 6.7% per year through 2010
Fueled by new applications -- particularly in the large motor vehicle market -- US demand for sensor products (sensors, transducers and associated housings) is projected to increase 6.7 percent annually to over $15 billion in 2010. The fastest growth will occur in sensors based on more advanced, sophisticated technologies and those sensors likely to be used in dynamic applications such as automotive safety and security systems, consumer electronics and information technology.
Advanced proximity, imaging sensors to offer best market opportunities
Products such as advanced proximity and positioning sensors and complementary metal-oxide silicon (CMOS) imaging sensors hold especially good prospects through the end of the decade. Advanced proximity and positioning sensors -- based on a range of technologies, including infrared, radar and ultrasonic -- are expected to be widely used in motor vehicle safety systems. Imaging sensors, widely used in such products as mobile telephones, digital cameras, camcorders, video games, computer monitors, are benefitting from technological innovations that are driving down costs while improving performance, especially in devices based on CMOS microchip construction. Demand for certain types of physical properties sensors, such as speed sensors based on micro-electromechanical systems (MEMS) technology, is also expected to advance at well above the pace of the overall market.
All major sensor markets to grow at above-average rates
The motor vehicle, information technology and consumer electronics markets are all expected to increase at an above-average pace, primarily due to new applications for advanced sensors in these markets. Sensor imports, which comprised over one quarter of demand in 2005, will continue to increase more rapidly than exports. Rising imports will be fueled by the technical expertise of nations such as Germany and Japan, and by the labor cost advantage that many developing nations have over US producers.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=8151
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
http://www.bharatbook.com/general/customresearch.asp
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