State of the Global Market for Sensors: CMOS Image Sensors to Reach $11 bn in 2017, Fast-Growing Chemical Property Sensors Remains Largest Product Category, Remote Sensing and More
FARMINGTON, Conn., Nov. 5, 2012 /PRNewswire-iReach/ — Sensors are everywhere measuring, detecting and monitoring. In the electronics industry, CMOS image sensors show a bright future in tablet, automotive and smart TV applications. As sensors for industrial applications continue to overtake the motor vehicle application due to low levels of motor vehicle production, process variable sensors will represent the largest product category in dollar terms in 2016.
Global Information Inc (GII) highlights three significant market research reports covering segment-specific sensor topics from our premium publishing partners.
Status of the CMOS Image Sensors Industry
Between 2012 and 2017, the CMOS image sensor market is forecast to grow at an 11% compound annual growth rate from $6.6 billion in 2012 to reach $11 billion in 2017. The integration of CMOS image sensors are being driven by various applications. Three fast emerging applications with significant potential include Tablets, Automotive and Smart TV.
Highlights from the report include: new business models and new strategies emerge from a fragmenting supply chain; backside illuminated CMOS sensors to represent 50% of total revenues in 2017; several technologies that will reshape the CMOS image sensor industry.
The main objectives of this report are to provide market data on key CIS market metrics and dynamics; to provide key technical insight about future technology trends and challenges; and to provide in-depth understanding of the CIS value chain, infrastructure and players.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/yd114298-cmos-image-sensors.html
Global Remote Sensing Technology Market 2011-2015
The global remote sensing technology market is forecast to expand at a compound annual growth rate of 6.74% over the period 2011-2015. One of the key factors contributing to this market growth is the need for improved understanding of the earth system. The Global Remote Sensing Technology market has also been witnessing the increasing adoption of remote sensors in various industries. However, complexity in data interpretation could pose a challenge to the growth of this market.
Key vendors dominating this market space include General Dynamics Corp., Lockheed Martin Corp., Northrop Grumman Corp., and Raytheon Co. Other vendors mentioned in the report: Leica Geosystems Holdings AG, Thales Group, ITT Corp., and Honeywell Technology Solutions Inc.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/infi232705-global-remote-sensing-technology-market-2011-2014.html
US sales of sensors are forecast to climb at a 6.1% annual rate to reach $14.9 billion in 2016. This projection is evidence that there will be significant improvements in market performance between 2006 and 2011. Demand will be fueled by rebounds in motor vehicle and machinery production, government mandates requiring all new light vehicles to be equipped with electronic stability control and tire pressure monitoring systems, and growth in process manufacturers’ shipments. Further development of and new applications for technologies like microelectromechanical systems MEMS), optoelectronics, and photoelectronics will also help bolster sensor sales. However, the maturity of many sensor markets and improved fabrication techniques that have led to increased sensing abilities at lower costs will temper value gains.
This study presents historical demand data in addition to forecasts for 2016 and 2021 by product and market. Market environment factors, industry structure assessments, company market share evaluations and 39 industry competitor profiles are also included in this report.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/fd128454-sensors.html
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