ROCKVILLE, MD /Marketwire/ -- Market Research.com has announced the addition of GBI Research's new report "Sensors Market to 2020—Rising Need for Intelligent Sensors in Automotive and Consumer Electronics to Increase Demand" to their collection of Electronics market reports.
The rising demand for consumer electronic devices, such as mobile phones, media players, cameras, and gaming devices, is expected to increase the demand for sensors. Image sensors currently hold the largest share in the consumer electronics sensor market, but the motion sensors market is expected to see a surge in the coming few years. Accelerometers and gyroscopes are increasingly being adopted in consumer electronic devices to provide improved user interfaces. Innovative applications, such as motion sensing, gesture recognition, location sensing, and biometrics, have opened up new opportunities for sensor technologies.
Safety-related mandates in the U.S. and Europe are expected to rapidly drive the growth of automotive sensors. Government legislation in these countries makes it compulsory to implement electronic stability systems and tire pressure monitoring systems in vehicles, leading to increased demand for gyroscopes, accelerometers, and magnetic and pressure sensors. Emission rules and fuel economy standards will increase the demand for exhaust-gas temperature sensors. Mandates are expected to come into effect in South Korea in 2012, and this is going to impact more than a million passenger cars in the country by 2014. Japan and China are expected to emulate these models in the near future and help sustain the growth of semiconductor-based automotive sensors.
The increasing demand for intelligent sensor systems is going to be a major driver of the semiconductor sensors market during the forecast period. Smart sensors are widely being used in automotive, medical, entertainment, security, and defense. Usage of sensors in biometrics is also on the rise. These smart sensors, especially MEMS-based devices, allow miniaturization and integration of sensor elements with microelectronic functions in minimal space, making them desirable in many end-user applications.