Global market for sensors to grow to $91.5 billion by 2016

The global market for sensors, after the downturn in 2009, bounced back to $56.5 billion in 2010. It is expected to increase to $62.8 billion in 2011 and then to nearly $91.5 billion by 2016, at a compound annual growth rate (CAGR) of 7.8%.

Learn about the technology and innovation behind sensor development and production, and get a quantitative and detailed market overview, analyzing major market trends both in terms of region and application sector...

Use this report to:

• Understand the technology and innovation behind sensor development and production, and the role of sensors in various applications
• Develop long-term growth strategies to respond to shifting market dynamics and explore the major market trends shaping the future direction of the industry 
• Identify market opportunities for emerging technologies in sensors as well as allied products with new applications, and develop targeted promotion plans to capture market share 
• Learn about the competitive environment, the strategies of innovative companies, and the opportunities for small companies, new market entrants, and companies with valuable intellectual property and a strong customer base.

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GLOBAL MARKET FOR SENSORS, 2009-2016 ($ MILLIONS)