TechNavio today launched its report Global Sensor Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Hardware team said; The increasing demand for sophisticated functionalities in various electronic devices has led to the technological advancement of sensors. The rate of change and technological advancements in the Global Sensor market are very fast. This trend leads toward the development of advanced sensor products that have a high level of sensitivity. With the advanced sensors, electronics products are designed in such a way that end-users find them easy to operate.
According to the report, the increasing demand for sensors in automobiles is the major driving factor for the Global Sensor market. The demand for sensors is increasing in automobiles because of the advanced safety functions of sensors. In addition, sensors enhance the safety features in the Automotive segment, which is a key factor for end-users. Hence, with these applications, the demand for sensors is increasing at a high rate.
Further, the report also discusses that the major challenge for the Global Sensor market is the reduced time for the development of sensors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-sensor-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Sensor Market 2011“2015
