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Global Sensor Market Growth Opportunities Report 2017-2022 - Market is Expected to Reach an Estimated $188.4 BillionDUBLIN, November 9, 2017 /PRNewswire/ -- The "Growth Opportunities in the Global Sensor Market" report has been added to Research and Markets' offering. The global sensor market is expected to reach an estimated $188.4 billion by 2022 with a CAGR of 9.2% from 2017 to 2022. The future of the global sensor market looks promising with opportunities in the industrial, healthcare, consumer electronics, automotive, and aerospace/defense industries. The major drivers for this market are the growth of internet of things (IoT), increasing need of automation in various industries, and miniaturization of sensors. Emerging trends, which have a direct impact on the dynamics of the sensor industry, include increasing sensor content in automotive for safety and power efficiency and advancement in the gas sensor. Within the sensor market, industrial will remain the largest end use industry due to increased demand for automation and control in various industries, including oil and gas, chemical, and food and beverages. Lucintel predicts that the healthcare application is likely to experience the highest growth in the forecast period due to the increasing demand for Electrocardiography (ECG) sensors in cardiac treatment. North America is expected to remain the largest region during the forecast period due to growth in smart city projects, wearable devices, and increasing demand for ADAS in automotive industry. Scope of the Report Sensor Market by Type [$B shipment analysis from 2011 to 2022]:
Sensor Market by End Use Industry [$B shipment analysis from 2011 to 2022]:
Key Topics Covered: 1. Executive Summary
For more information about this report visit https://www.researchandmarkets.com/research/jvbh2r/growth Media Contact: Research and Markets |