Freedonia In The News
Article Title: Chemical Sensors Mkt to Hit $5.4 Bil. in 2012
Publication: Flow Control Network, 5/30/2008
Freedonia Study: Chemical Sensors (2355)
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Freedonia predicts overall growth will also be boosted by technological advances that allow for price reduction, sensor miniaturization, and greater precision — all of which will expand the use of chemical sensors into new markets, as well as new applications within existing markets. Demand for chemical sensors based on emerging technologies, such as optical sensors, will see the fastest gains, according to Freedonia. The medical market is expected to remain the largest in terms of sales of chemical sensors, but strong growth is forecast in all chemical sensor outlets, which also include industrial and environmental monitoring applications.
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