High-Growth Niche Sensor Type Driving Control Application Market


Posted July 29, 2014 by mycromarket

IR Detector/Sensor Module Market Research Report can be segmented by Geographies, Applications, MacroIndicators, Companies, Types and Technologies. http://www.micromarketmonitor.com/market-report/ir-detector-sensor-module-reports-5930864754.html

 
Browse tables, figures, and charts combined with an in-depth analysis of various market dynamics such as drivers, restraints, and opportunities. The report not only analyses short-term impact parameters, but also long-term macro-economic parameters. Along with this, the report also gives an insight into the various market parameters such as market share analysis, and the recent market activity of leading players for sustainability.
Sensors are an integral part of the automation & control, safety & security, instrumentation, information technology, and communication industries. Various applications demand various types of sensors; however, the most widely used sensors topping the list are IR Detectors and Level Sensors. Both these types are well known and widely used, thereby placing them in the late growth or early maturity stage on the product lifecycle map. Though they are placed in the late growth section of the matrix, numerous technological advancements and potential growth regions in respective fields is keeping the overall market growth rate on the higher side.
http://www.micromarketmonitor.com/market-report/ir-detector-sensor-module-reports-5930864754.html
For instance, IR detectors in North America have high growth potential. In 2013, the total Market was valued at $87.6 million, and is expected to grow at a healthy CAGR of 10.6% from 2013 to 2018. The report helps identify gaps/revenue pockets for the North America market in terms of regions and applications.
More information on North America IR Detector/Sensor Module report can be found here:
http://www.micromarketmonitor.com/market/north-america-ir-detector-sensor-module-1832267878.html
New technologies in the IR Detector segment are giving rise to new applications. One of the niche applications having a high growth rate is Motion Sensing & Gesture Recognition. In 2013, it contributed $7.56 million to the Asia-Pacific IR Detector Market and it is estimated to grow at a CAGR of 8.0% from 2013 to 2018.
The more details about Asia-Pacific IR detector report can be found here:
http://www.micromarketmonitor.com/market/asia-pacific-ir-detector-sensor-module-7370186370.html
Following this trend, the Microwave Level Sensor segment has emerged as the highest growing segment among all types of level sensors. The Europe Level Sensor report maps microwave level sensors against various applications and countries to give a clear picture of market dynamics in the segment. In 2013, Microwave Level Sensors in Europe was valued at $43.11 million and is expected to have a CAGR of 10.0% from 2013 to 2018. Along with this the report also includes various other level sensor technologies such as; ultrasonic, optical, and laser.
The more details about the Europe Level Sensor market report:
http://www.micromarketmonitor.com/market/europe-level-sensor-7316556536.html
For both types of sensors, North America is a high-value market with moderate CAGRs. The reason for this could be the strong demand-supply relationship that prevails in this region. The North America specific report analyses PESTEL parameters quantitatively for triangulation and validation of data. In 2012, North America grossed $79.35 million and $845.75 million for the IR Detector and Level Sensor markets respectively.
The more details about North America Level Sensor Market report:
http://www.micromarketmonitor.com/market/north-america-level-sensor-6377944795.html
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Categories Electronics , Semiconductors
Tags ir detector market , ir sensor module market
Last Updated July 29, 2014