- The key vendors in the Global Sensors Market 2014-2018 are Bosch GmbH, Denso Corp., Freescale Semiconductor Inc., OmniVision Technologies Inc. and STMicroelectronics NV.
London, 10 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Sensors Market 2014-2018. Increased adoption of green energy technologies is one of the major trends upcoming in this market. Sensors are required in several applications related to generating green energy. Investment in R&D and the installation of green energy technologies and applications have been fuelling growth in the sale of sensors in recent years. Green energy technologies and applications are considerably new for the Global Sensors market but are expected to witness immense growth during the forecast period. The Global Sensors market is expected to grow at a CAGR of 9.2 percent during 2013-2018.
“Growing awareness about health, fitness, and wellness has accelerated the demand for fitness-monitoring devices that employ sensors,” says Faisal Ghaus, Vice President of TechNavio Research.
“There are other new applications for sensors: motion sensor technology is being used in remote controls to enable consumers to use point-and-click, and in gesture-based controls with touch screen features, which reduces the button overload of traditional remote controls.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
