Technology to drive the sensor market
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The Freedonia Group product story
Edited by the Engineeringtalk editorial team
Jun 25, 2003
The US market for sensor products (sensors, transducers and associated housings) is projected to increase 6.7% per year through 2006 to $13.4 billion.
The US market for sensor products (sensors, transducers and associated housings) is projected to increase 6.7% per year through 2006 to $13.4 billion, an improvement over the 2000-2001 performance which was characterised by a sluggish business environment.
Fuelling gains will be economic recovery in more mature applications such as process control, industrial machinery and conventional automotive sensors.
This will stimulate demand for sensors measuring process variables (temperature, pressure, flow etc), electrical properties (eg current, voltage) and physical properties (motion, speed, load and force etc), as well as conventional proximity/positioning sensors.
These and other trends are presented in "Sensors", a new study from The Freedonia Group.
The fastest growth will occur in sensors based on advanced, sophisticated technology - especially micro-electromechanical systems (MEMS) and optoelectronics - and/or used in dynamic applications such as automotive telematics and information technology.
Thus, products such as imaging sensors, chemical properties sensors and optics-based proximity/positioning sensors hold especially good prospects.
MEMS have already found uses as acceleration sensors in automotive air bags, in blood pressure monitors and on inkjet printer heads, among others.
They hold extensive longer-term potential in advanced-generation automotive electronics systems, telecomms networks, military/aerospace settings and numerous others.
Telematics broadly refers to advanced-generation wireless automotive entertainment and information systems, which will require sensors with unprecedented capabilities, including safety sensors and sensors embedded within highways and roadsides to facilitate onboard navigation and driver information systems.
Also holding good prospects are imaging sensors, used in such products as camcorders, video games, computer monitors and the like.
Imaging sensors are benefitting from technological innovations that are driving down costs while improving performance, especially in devices based on CMOS microchip construction.
Similarly, optoelectronic sensors of nearly all types - photoelectric, fibre-optic, infra-red etc - will exhibit healthy gains in an array of applications.
More generally, many types of sensors are incorporating the latest advances in microchip fabrication technology, especially those that are inherently solid-state devices - imaging sensors, proximity/positioning sensors, integrated circuit (IC) sensors, most optoelectronic sensors and various others.
This has resulted in steadily improved sensor quality at comparable or lower costs.
"Sensors" is available for $3700 from The Freedonia Group.
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