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World Emerging Sensors Markets

Frost & Sullivan, March 2011, Pages: 55


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RESEARCH OVERVIEW

This Frost & Sullivan research service titled World Emerging Sensors Markets analyzes the latest and emerging sensors. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: silicon carbide (SiC), carbon nanotube (CNT), and indium antimonide.

This analysis is available through Frost & Sullivan's Sensors & Instrumentation Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.

MARKET OVERVIEW

Sensor Manufacturers Benefit from the Rising Global Demand for Highly Selective, Sensitive, Responsive, and Cost-effective Sensors

Limitations in the Existing Sensor Materials Have Led to the Development of New and Advanced Sensor Materials and Technologies

Over the years, the basic principle of sensor operation has remained unchanged and so has the working methodology of advanced sensors. What has changed, however, is the type of materials and sensing principles employed in the manufacturing of new sensors. Sensing technologies are expected to go beyond the traditional principles of piezoresistive, capacitive, and inductive, while emerging sensor materials such as SiC, indium antimonide, and CNT have enabled sensor penetration into new applications.

“Small form factor, less power consumption, higher feature integration, and low costs are some of the sensor product trends that are driving sensors market growth in numerous industries and applications,” says the analyst of this research. “In addition, supporting electronics and packaging have become more advanced; so much so that sensors have become indispensable in every walk of life.”

Despite the potential and benefits of sensors, many end users prefer traditional technologies. This resistance to the adoption of new products and technologies stems from their inadequate knowledge of innovations in sensor technologies and their application areas. Cutting-edge sensor technologies offer many benefits such as greater ease of installation, accuracy, as well as energy and cost savings. Vendors need to educate end users about the benefits of advanced and emerging sensor technology through literature. The rapid growth in consumer electronics, increasing concern about safety at the borders and in nuclear power plants, as well as environmental applications make a robust case for the use of sensors.

“To produce sensors using advanced materials at reasonable costs and in large volumes, manufacturers have to optimize processes that are compatible with silicon to reduce the cost of commercialization,” notes the analyst. “They will also have to ensure flexible integration with high-temperature electronics to overcome technical limitations and further promote the adoption of inventive sensors.”

MARKET SECTORS

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

- Silicon carbide
- Carbon nanotube
- Indium antimonide


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