Global Markets and Technologies for Sensors To Reach $240.3 billion till 2022
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Markets and Technologies for Sensors
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The
global market for sensors reached $110.4 billion and $123.5 billion
in 2015 and 2016, respectively. This market is expected to increase
from nearly $138.8 billion in 2017 to nearly $240.3 billion in 2022
at a compound annual growth rate (CAGR) of 11.8% for 2017-2022.
Image
and chemical sensors market is expected to grow from nearly $34.7
billion in 2017 to $65.9 billion at a CAGR of 13.7% from 2017 through
2022.
Biosensor
and fingerprint sensors market is expected to grow from $29.1 billion
in 2017 to nearly $55.5 billion in 2022 at a CAGR of 13.8% from 2017
through 2022.
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Report
Includes
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 and 2016, estimates for
2017, and projections of compound annual growth rates (CAGRs) through
2022.
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.
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Report
Scope
The
report has been prepared in a clear, easily understandable format
with tables and 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 variations in
industry growth by region.
This
report covers only conventional sensors such as pressure,
temperature, level, flow and position sensors and excludes
unconventional sensors such as pointing sensors used in touch screens
and touch-pads, barcode readers and radio frequency identification
(RFID) readers, remote readout and intelligent power meters, gas and
water meters, and remote readout heat meters).
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