|
|
 |
|
Viewing report
|
|
|
|
Analysis of the Asia Pacific Sensors Market
Frost & Sullivan, Dec 2009, Pages: 71
The research service talks about industrial sensors market in the Asia-Pacific region. It primarily focusses on process industry segment such as Oil & Gas, Food & Beverage, Water & Wastewater, and so on. The research service discusses key market drivers, restraints, industry challenges, and focuses on key technology trends pertaining to the Asia Pacific sensors market. Major sensor types covered in this study include Flow, Level, Temperature, and Pressure. Major end-user segments considered for this study are oil & gas, chemicals & petrochemicals, water & wastewater, food & beverage. The study also discusses in detail revenue forecasts and analysis by product types in the major end-user industries.
This Frost & Sullivan research service titled Analysis of the Asia Pacific Sensors Market offers an overview of different types of sensors, growth trends, revenue figures, and competitive analysis in the Asia Pacific region. This report reviews the important drivers, restraints, and industry challenges and explores the future growth of the sensors market in Asia Pacific. In this research, Frost & Sullivan’s expert analysts thoroughly examine the following segments: pressure sensors, temperature sensors, level sensors, and flow sensors.
Market Overview
Increasing Need to Address Environmental Issues Enables Traction for the Asia Pacific Sensors Market
The total Asia Pacific sensors market is poised for robust growth in all the end-user segments. Flow sensors contributed about 34 percent to the overall Asia Pacific sensor market revenues in 2009, followed by pressure, level, and temperature sensors with contributions of 26 percent, 23 percent, and 17 percent, respectively. The market is likely to grow at a compound annual growth rate (CAGR) of 7.2 percent from 2009 to 2016. Large-scale industrialization has resulted in the contamination of surface water worldwide. Escalating concerns about pollution control and safety have made governments and environment protection groups exert pressure on industries to control pollution and fall in line with strict environmental regulations. To conform with these regulations and boost the efficiency of wastewater treatment plants, there is a pressing need for comprehensive systems and technologies. 'Asia-Pacific, being one of the major hubs for refineries, chemical and petrochemical processing plants, and metals & mining and manufacturing, is experiencing an increase in demand for industrial sensors,' notes the analyst of this research service. 'Singapore is the third-largest refining center in the world and will continue to remain so in the foreseeable future.' In Australia and New Zealand (ANZ) and South East Asia (SEA) a demand upswing for sensors is anticipated.
Although the prospects for the Asia Pacific sensors market look upbeat, there are some impediments clouding its landscape. The global financial crisis has impacted the Asia Pacific economies, including those of Australia, Singapore, and Malaysia. The uncertain economic scenario is expected to dampen market prospects during the short-term. End users in the Asia Pacific region have displayed a conservative attitude toward spending as the economic crisis has cramped their budgets. To circumvent these impediments, sensor manufacturers are going the extra mile to produce advanced, efficient, and cost competitive sensing devices. As technical innovation in sensor technologies is low, product differentiation has remained challenging for manufacturers.
To ensure successful business outcomes in this space, manufacturers must roll out robust sensors for accurate and reproducible measurement of important parameters. Sensor manufacturers must revise their strategies and chalk out new ways to grow further and weather the economic storm successfully. By scaling up engineering expertise, sensor manufacturers must offer complete solutions for the industry. They must also re-craft customer service strategies and strive toward product differentiation to ensure business progression.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Equipment Type:
- Pressure sensors
- Temperature sensors
- Flow sensors
- Level sensors
By End Use Vertical:
- Oil and gas
- Water and wastewater
- Food and beverage
- Metals and mining
- Chemicals and petrochemicals
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Global Flow Sensors and Transmitters Market
World Gas Sensors, Detectors and Analyzers Markets
World Temperature Sensors and Transmitters Market
Temperature Sensor Market A Study Of Major Sensor Types (Temperature Ics, Thermistor, Resistive Temperature Detectors (Rtds), Thermocouple And Ir Sensor) & Applications Global Forecast & Analysis (2011 – 2016)
Drinking and Wastewater Treatment Chemicals - Global Strategic Business Report
North Asian Sensors Markets
Water for Food & Beverage: Opportunities in Water Efficiency and Gaining Value from Wastewater
Water Treatment Equipment and Supplies - Global Strategic Business Report
Wastewater Treatment and Recovery Systems Market to 2020 - Tightening Wastewater Discharge Regulations to Stimulate the Growth of Membrane Based Systems
Global Water Market 2011 - Meeting the world's water and wastewater needs until 2016
|
|
|
|
