|[January 31, 2014]
Research and Markets: The Sensor Market Revenues in China are Expected to Grow at the CAGR of 16% Till 2018
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/ljt578/china_sensors)
has announced the addition of the "China
Sensors Market Forecast and Opportunities, 2018" report to
Sensors are key components deployed in several devices. Various sensor
based devices are flooding the market and are intended to make various
domestic and industrial tasks more accurate, efficient and simple. China
being a global manufacturing hub, holds immense potential for the
sensors sales. China is the world's largest automotive manufacturer and
is also a leading producer of consumer electronics. The country's
swiftly developing economy is facilitating the growth of the sensor
industry. This lucrative market is attracting several global players
such as Texas Instrument, Freescale, STMicroelectronics, Bosch, Siemens (News - Alert),
Honeywell and many more.
The report titled "China Sensors Market Forecast & Opportunities, 2018",
details about the growth, prospectsand opportunities in China's sensor
market. The sensor market revenues in China are expected to grow at the
CAGR of 16% till 2018. China's domestic sensor production is not too
strong and the domestic manufacturers are therefore operating in low and
medium segment of the market. The demand for high end/ advanced sensors
is being fulfilled by the foreign manufacturers. The deployment of
sensors in consumer electronics like smart phones, tablets, etc. is one
of the key drivers for sensors such as touch, image, motion, etc. In
addition, the introduction of stringent government norms aimed to combat
the rising air pollution has also necessitated the deployment of sensors
across various industries such as automotive. Introduction of Euro V
emission norms and compulsion of Electronic Control System (ECS) & Tyre
Pressure Monitoring System (TPMS) in automotive industry will further
drive the demand for sensors like pressure, temperature, motion, etc.
China Sensor Market Forecast & Opportunities, 2018 report elaborates
- China Sensor Market Size, Share and Forecast
- Segmental Analysis - Touch, Image, Motion, Pressure, Position,
Temperatures & Others
- Emerging Applications & Pricing Trends
- Changing Market Trends & Developments
- Competitive Landscape & Strategic Recommendations
- Asahi Kasei Corporation
- Delphi (News - Alert) Automotive PLC
- Denso Corporation
- Freescale Semiconductor (China) Ltd.
- Honeywell (China) Co. Ltd.
- Optex Co. Ltd.
- Rosemount Inc.
- STMicroelectronics NV
- Schneider Electric (News - Alert) (China) Co. Ltd.
- Siemens AG
For more information visit http://www.researchandmarkets.com/research/ljt578/china_sensors
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