Higher intelligence necessary to open growth opportunities for sensors
Increased applications and higher end-user reliance, in turn, inspire advances in sensor technology
Seamless integration, increased intelligence, and diagnostic capabilities are key challenges in the sensors market. As new production plants are ultra modern and complicated, smartness and seamless integration at the device, subsystem and system level is necessary to ensure continuous high performance in the automation space.
Frost & Sullivan finds that in 2012 the global sensors and transmitters market generated revenue of $64.78 billion and estimates this to increase to $95.67 billion in 2016.
With evolution of technology and need for greater control, optimal resource utilization and integrated solutions that enable cost reduction are vital. Meeting this challenge requires in-depth understanding and commitment of technical and commercial resources from sensor manufacturers.
“Consistent high-quality customer service is a key element, especially with constant technology up-gradation and continuous product innovations on the horizon,” said Sensors & Instrumentation Principal Analyst Dr. Rajender Thusu. “Sensor companies that monitor the changing market pulse and meet client needs will see success.”
Evolving sensor features that have been developed for dynamic customer needs include soft sensors, self calibration, auto-correction and wireless communication for monitoring and control applications.
“With an increased level of accuracy, the reliance on sensors is growing in most end-user applications as never before,” said Dr. Thusu. “In fact, sensors are experiencing unprecedented penetration into industrial, commercial, consumer and service sectors. These target markets have well-entrenched market participants that exhibit continuous commitment through product development, innovation, and a perennial customer service approach to stay ahead.”
Other news from the department business & finance
These products might interest you
SprayMaster inspex by LaVision
Quality Control for Your Spraying Process Through Digital Spray and Particle Analysis
Reliable, Automated, Digital - The Geometry Measurement of Your Spraying Process in Real Time
VEGAPULS | VEGABAR | VEGASWING by VEGA Grieshaber
Cyber-safe level measurement - here's how it works
Find out more about the unique sensor for liquid and solid media
FireSting-PRO by PyroScience
New fiber optic measuring device: Precise measurements even in the smallest volumes
Measure pH, oxygen and temperature even under sterile conditions
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
Most read news
More news from our other portals
Possible trigger of Crohn’s disease discovered
Dysfunctional mitochondria disrupt the gut microbiome
Cost-effective modular system for optical imaging from the 3D printer
Like building with Lego bricks
See the theme worlds for related content
Topic world Sensor technology
Sensor technology has revolutionized the chemical industry by providing accurate, timely and reliable data across a wide range of processes. From monitoring critical parameters in production lines to early detection of potential malfunctions or hazards, sensors are the silent sentinels that ensure quality, efficiency and safety.
Topic world Sensor technology
Sensor technology has revolutionized the chemical industry by providing accurate, timely and reliable data across a wide range of processes. From monitoring critical parameters in production lines to early detection of potential malfunctions or hazards, sensors are the silent sentinels that ensure quality, efficiency and safety.
