Aarkstore - Global Microsensor Market Forecast & Opportunities, 2019

Aarkstore Enterprise

8th December 2014

Aarkstore - Global Microsensor Market Forecast & Opportunities, 2019

Browse Full Report @ http://www.aarkstore.com/information-technology/60258/globalmicrosensor-market-forecast-opportunities Published: Oct 2014 | No. Of Pages: 161 Pages PDF: $3500 | CD: $4500 | Hard Copy: $5000 | Site Licence: $7000

Microsensors are devices that detect events, or changes in quantities, and deliver a corresponding output, typically in the form of an optical or electrical signal. The microsensor market is broadly categorized into three segments, namely MEMS, biochips and nanosensors. MEMS is a sensing device that integrates mechanical elements, sensors, actuators and electronics in a common silicon substrate. Biochips are silicon chip–based detection devices that integrate a living organism and a transducer to provide a signal for detecting the presence of a particular substance. Nanosensors are based on nanotechnology and incorporate nano-engineered structures such as nanotubes. Strong growth in diverse sectors such as automotive, consumer electronics, healthcare and military is propelling the demand for such different types of microsensors, across the globe. Some of the leading players in the global microsensor market include Robert Bosch GmbH, STMicroelectronics N.V., Analog Devices Inc., Texas Instruments Incorporated and OMRON CORP. among others.

According to report, “Global Microsensor Market Forecast & Opportunities, 2019”, the global market for microsensors is forecast to exhibit a healthy CAGR of around 10% during 2014-19. Americas continues to dominate the global microsensor market on account of growth in the

Aarkstore Enterprise

automotive, consumer electronics and healthcare sectors in the region. Asia-Pacific, particularly countries such as Japan and China, is also emerging as a major market for microsensors, standing second only to the Americas in terms of revenue share in the global microsensor market. Among all...