Freedonia In The News
Article Title: Demand for Automotive Sensors Worldwide to Hit $15.9 billion in 2014
Publication: AZosensors.com, 7/7/2010
Freedonia Study: World Automotive Sensors (2640)
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A recent study conducted by an industry market research company The Freedonia Group, Inc. has indicated that the worldwide demand for light vehicle OEM (original equipment manufacturer) automotive sensors will increase to $15.9 billion by 2014, registering an annual increase of 11.8% from 2009. The demand for sensors will grow in tandem with the demand for electronics.
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