The Global Smart Sensor in Industrial Automation Applications market report defines and segments the concerned market with analysis and forecast of revenue.

The market was valued at $299.85 million in 2013, and is expected to reach $2,128.98 million by 2018, at a CAGR of 48.00% from 2013 to 2018.

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Smart sensors are largely used in industrial applications to address the requirements regarding reliability and precision. One such major application where smart sensors are significantly used is in controlling environmental pollution. Smart sensors can determine an extensive variety of combustor variables which include combustion products, gas temperature, reactive radical species, and critical pollutants. The adverse environmental impact due to energy conversion can be drastically minimized through these intelligent sensors. Online monitoring and control of combustion temperature by these sensors reduces emission of pollutants such as unburned hydrocarbons, nitrogen oxide, carbon monoxide, and so on. Thus, the market for smart sensors in industrial automation applications is expected to show promising growth throughout the forecast period.

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The report also includes market share of the key players in the market and cascaded value chain analyses, along with the market metrics such as drivers, restraints, and opportunities. In addition, it presents a competitive landscape and company profiles of the major companies dominating the global smart sensor in industrial automation application market.


Related Reports:
United Kingdom Smart Sensor
The U.K. has registered a market value of $205.33 million in 2014, which is about 9.09% share of overall global smart sensor market. This region is projected to reach a market value of $677.89 million by 2018, at a CAGR of 34.80%. In the recent years, there has been a growing demand for tablet PC’s, mobile phones, notebooks, novel wireless technology, and energy saving devices. As smart sensors become an essential tool that assist is integrated into these devices, the market of smart sensors is expected to undergo a rapid progression in the future.
http://www.micromarketmonitor.com/market/united-kingdom-smart-sensor-4134010782.html


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