Freedonia In The News
Article Title: US Demand for Chemical Sensors to Exceed $6 Billion(USD) in 2014
Publication: Canadian Industrial Equipment News, 2/7/2011
Freedonia Study: Chemical Sensors (2716)
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US demand for chemical sensors is projected to grow 8.9 percent per year to $6.1 billion(USD) in 2014. Biosensors will continue to be the largest type of chemical sensor, as the increasing number of diagnosed diabetics boosts demand for glucose test strips. Overall growth will be supported by recovery in automobile manufacturing and process industries: by technological advances that allow for price reduction and greater precision, which will expand the use of chemical sensors into new markets; and by new applications within existing markets.
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