Major Companies covered in the report are HAMAMATSU PHOTONICS K.K., Flir Systems, Excelitas, Nicera and Murata Manufacturing Co Ltd.
(PRWEB) May 21, 2014
Browse tables, figures, and charts combined with an in-depth analysis of various market dynamics such as drivers, restraints, and opportunities. The report not only analyses short-term impact parameters, but also long-term macro-economic parameters. Along with this, the report also gives an insight into the various market parameters such as market share analysis, and the recent market activity of leading players for sustainability.
Sensors are an integral part of the automation & control, safety & security, instrumentation, information technology, and communication industries. Various applications demand various types of sensors; however, the most widely used sensors topping the list are IR Detectors and Level Sensors. Both these types are well known and widely used, thereby placing them in the late growth or early maturity stage on the product lifecycle map. Though they are placed in the late growth section of the matrix, numerous technological advancements and potential growth regions in respective fields is keeping the overall market growth rate on the higher side.
For instance, IR detectors in North America have high growth potential. In 2013, the total Market was valued at $87.6 million, and is expected to grow at a healthy CAGR of 10.6% from 2013 to 2018. The report helps identify gaps/revenue pockets for the North America market in terms of regions and applications.
More information on North America IR Detector/Sensor Module report can be found here:
New technologies in the IR Detector segment are giving rise to new applications. One of the niche applications having a high growth rate is Motion Sensing & Gesture Recognition. In 2013, it contributed $7.56 million to the Asia-Pacific IR Detector Market and it is estimated to grow at a CAGR of 8.0% from 2013 to 2018.
The more details about Asia-Pacific IR detector report can be found here:
Following this trend, the Microwave Level Sensor segment has emerged as the highest growing segment among all types of level sensors. The Europe Level Sensor report maps microwave level sensors against various applications and countries to give a clear picture of market dynamics in the segment. In 2013, Microwave Level Sensors in Europe was valued at $43.11 million and is expected to have a CAGR of 10.0% from 2013 to 2018. Along with this the report also includes various other level sensor technologies such as; ultrasonic, optical, and laser.
The more details about the Europe Level Sensor market report:
For both types of sensors, North America is a high-value market with moderate CAGRs. The reason for this could be the strong demand-supply relationship that prevails in this region. The North America specific report analyses PESTEL parameters quantitatively for triangulation and validation of data. In 2012, North America grossed $79.35 million and $845.75 million for the IR Detector and Level Sensor markets respectively.
The more details about North America Level Sensor Market report:
About MicroMarket Monitor
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Connect with us on LinkedIn @ http://www.linkedin.com/company/micromarketmonitor