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Published by | frost-sullivan |
Published | 23 October 2013 |
Reads | 4 |
Language | English |
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PR Newswire
MOUNTAIN VIEW, California, Oct. 23, 2013
-- Increased applications and higher end-user reliance, in turn, inspire advances in sensor technology
Seamless integration, increased intelligence, and diagnostic capabilities are key challenges in the sensors market. As new production plants are ultra modern and complicated, smartness and seamless integration at the device, subsystem and system level is necessary to ensure continuous high performance in the automation space.
Frost & Sullivan (www.frost.sensors.com) finds that in 2012 the global sensors and transmitters market generated revenue of $64.78 billion and estimates this to increase to $95.67 billion in 2016.
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