NanoMarkets
today announced the release of its report titled "Markets for
Low-Cost Sensors 2012."
Glen
Allen, Virginia - November 14, 2012 -- Industry analyst firm
NanoMarkets
today announced the release of its report titled "Markets for
Low-Cost Sensors 2012." In this new report, NanoMarkets analyzes
the opportunities for low-cost sensors in key applications over the
next eight years. The report estimates that the total market for such
sensors will grow from its current value of over $8.9 billion today
to $13.2 billion (USD) by the year 2019, which corresponds to about
42 billion low-cost sensors shipped.
Additional
details about the report are available at:
http://nanomarkets.net/market_reports/report/markets_for_low_cost_sensors_2012.
About
the Report:
Within
the report NanoMarkets reviews the key applications for low-cost
sensors: smart packaging for consumer goods; pharmaceutical smart
packaging and healthcare-related applications; interactive media and
disposable electronics applications; lighting applications, including
both standalone lighting control units and smart lighting systems;
building automation systems; and diagnostic test strips for
monitoring of, for example, blood glucose or cholesterol levels in
conjunction with an electronic meter.
Forecasts
in each application are broken out by sensor type as follows:
temperature sensors; humidity sensors; chemical, biochemical or gas
sensors; and pressure, motion, or other physical factor sensors. The
report contains granular, eight-year forecasts for low-cost sensors,
in both quantity (number of sensors shipped) and value ($ millions)
terms, broken out by application and by sensor technology.
From
the Report:
-
Diagnostic test strips, and blood glucose test strips in particular,
will dominate the overall market. The market value of blood glucose
test strips will grow at a rate of about 3 percent per year, from
$7.6 billion in 2012 to nearly $9.3 billion by 2019.
-
One of the fastest growing markets for low costs sensors will be in
smart packaging applications, particularly in those that are enabled
with sensors to monitor temperature, humidity, and various chemicals
or gases in foods and personal care consumer goods. NanoMarkets
expects this area to grow from its relatively modest value of about
$150 million today to over $1.1 billion by the end of the forecast
period in 2019.
-
At the same time, applications in interactive media, advertising, and
disposable electronics are also emerging as a market for low-cost
sensors. The market value of low-cost sensors in these applications
will grow from about $30 million today to over $160 million by 2019.
-
Low-cost sensors also have a role to play in some building automation
systems, which monitor and control the heating, cooling, ventilation,
and even lighting of (mostly commercial) buildings using a wirelessly
connected network of sensors. Such systems seek to improve efficiency
through smart-metering of demand but also may be used to improve
aesthetics, comfort, security, and safety. Because of the large
number of sensors per system, even small penetration rate for
low-cost sensors translate into large revenues. The market value of
low-cost sensors in building automation systems is expected to grow
from about $245 million in 2012 to just $1 billion by the end of the
forecast period in 2019.
About
NanoMarkets:
NanoMarkets
tracks and analyzes emerging market opportunities in solid-state
lighting, energy, electronics and other markets created by
developments in advanced materials. NanoMarkets has provided coverage
of sensors markets as part of a larger focus on the low-cost and
printed electronics markets, and in this report we share the insights
that we have garnered into the market opportunities that will emerge
and grow for low-cost sensors in key application areas.
Visit
http://www.nanomarkets.net
for a full listing of NanoMarkets' reports and other services.
Media
Contact:
Robert
Nolan
NanoMarkets,
LC
PO
BOX 3840
Glen
Allen, VA 23058
(804)
938-0030
No comments:
Post a Comment