The global market for sensors reached $101.9 billion in 2015. This market should reach $113.2 billion by 2016 and $190.6 billion by 2021, a compound annual growth rate (CAGR) of 11.0% for the period 2016-2021.
This report provides:
- An overview of the global markets for sensors in various applications, including biosensors, chemical sensors, image sensors, flow sensors, and level sensors
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021
- A look at sensor growth in terms of accuracy, reliability, response time, robustness, miniaturization, communications capability, efficiencies, and more
- Evaluations of the technology and innovation behind sensor development and production
- Breakdowns of major market trends both in terms of region and application sector
- New developments taking place in the sensor industry with respect to continuous improvements in environmental performance
- Profiles of major players in the industry.
SCOPE AND FORMAT
The report has been prepared in a clear, easily understandable format with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of sensors and their applications, including an explanation of the variations in the growth of the industry in certain regions.
This report covers only conventional sensors, such as pressure, temperature, level, flow and position sensors, and does not cover unconventional types of sensors such as pointing sensors (e.g., touch screens and touch-pads, barcode readers and RFID readers for identification purposes, remote-readout and intelligent power meters, gas and water meters and remote-readout heat meters).
Srinivasa Rajaram, the analyst who compiled this report, is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has established factories for the production of weighing machines and dynamic balancing machines in India and has experience in the design, production and servicing of that equipment. He was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and established the company's electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.