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Sensors Market to 2020

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Sales Growth of Consumer Gadgets such as Smart Phones and Gaming Consoles is Expected to Increase the Demand for Sensors

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Sensors Market to 2020 - Rising Need for Intelligent Sensors in Automotive and Consumer Electronics to Increase Demand

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Sales Growth of Consumer Gadgets such as Smart Phones and Gaming Consoles is Expected to Increase the Demand for Sensors

The rising demand for consumer electronic devices such as mobile phones, media players, cameras and gaming devices is expected to increase the demand for sensors. Image sensors currently hold the largest share in the consumer electronics sensor market, while the motion sensors market is expected to see a surge in the coming few years. Accelerometers and gyroscopes are increasingly being adopted in consumer electronic devices to provide improved user interfaces. Innovative applications such as motion sensing, gesture recognition, location sensing and biometrics have opened up new opportunities for sensor technologies.

Government Mandates are Expected to Boost the Sales of Automotive Sensors

Safety related mandates in the US and Europe are expected to rapidly drive the growth of automotive sensors. Government legislation in these countries makes it compulsory to implement Electronic Stability Systems (ESC) and Tire Pressure Monitoring Systems (TPMS) in vehicles, leading to increased demand for gyroscopes, accelerometers, magnetic and pressure sensors. Emission rules and fuel economy standards will increase the demand for exhaust-gas temperature sensors. Mandates are expected to come into effect in South

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Korea in 2012 and this is going to impact more than a million passenger cars in the country by 2014. Japan and China are expected to emulate these models in the near future and help sustain the growth of semiconductor-based automotive sensors.

Rising Demand for Intelligent Sensor Systems will Accelerate the Growth of Semiconductor Sensors

The increasing demand for intelligent sensor systems is going to be a major driver of the semiconductor sensors market during the forecast period. Smart sensors are widely being used in automotive, medical, entertainment, security and defense. Usage of sensors in biometrics is also on the rise. These smart sensors, especially Micro-electromechanical systems (MEMS) based, allow miniaturization and integration of sensor elements with microelectronic functions in minimal space, making them desirable in many end-user applications.

Miniaturization of Sensor Devices will Open up New Opportunities across Various Industries

The reducing size of semiconductor sensors is opening up a wide range of applications for sensors in various devices. Smaller sizes of sensors are an important advantage as electronic devices such as Personal Digital Assistants (PDAs) and cell phone sizes are also shrinking. Also, packing more functionality

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into a smaller device reduces the cost of electronics and most importantly it enables the creation of new markets.

The reduction in size has resulted in lower cost and less power and space consumption. Miniaturization has freed up valuable board space thus enabling the integration of additional functions onto electronics devices. The shrinking size of silicon sensors is also expected to open up opportunities in the medical industry. Silicon chips produced at the scale of micro and nano levels can be internalized inside living cells and can be used as intracellular sensors, which would enable early detection of diseases and new cellular repair mechanisms. The success of such experiments would boost the demand for semiconductor sensors in the medical industry.

For further details, please click or add the below link to your browser:

http://gbiresearch.com/Report.aspx?ID=Sensors-Market-to-2020-Intelligent-sensors-with-on-board-self-diagnostic-ability-will-create-new-growth-opportunities&ReportType=Industry_Report&coreindustry=ALL&Title=Technology

Visit our report store: http://www.gbiresearch.com

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