Asian-Pacific region will be the most potential market.
At
present, in the US, Japan and the European nations, the sensor
technologies are advanced and the upstream-downstream industry matching
is quite mature. These regions become the main manufacturers and the
biggest application market of high-end sensor products. Meanwhile, the
Asian-Pacific region will be the most potential market in the future. A
famous consulting company points out that the market shares in the
Asian-Pacific region will show dramatically growth in the following
years and is expected to achieve 38.1% by 2016. By contrast, the market
shares in the North America and the Western Europe will be slightly
decreased.
Transportation and information communication will be the fastest growing fields.
The
above mentioned consulting company estimates that the global sensor and
information communication market sizes will reach €41.97 billion and
€42.16billion respectively by 2016, accounting for 22.8% and 22.9% of
the worldwide market separately and the information communication
industry is likely to be the biggest single application market. The
innovative application of sensors in other fields such as medical
treatment, environmental monitoring, oil and gas pipeline, smart grid,
etc will be a new hot topic and it is hopeful to create more market
demands.
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