Abstract
US sensor demand to expand 6.7% per year through 2010
Fueled by new applications -- particularly in the large motor vehicle market
-- US demand for sensor products (sensors, transducers and associated
housings) is projected to increase 6.7 percent annually to over $15 billion in
2010.
The fastest growth will occur in sensors based on more advanced, sophisticated
technologies and those sensors likely to be used in dynamic applications such
as automotive safety and security systems, consumer electronics and
information technology.
Advanced proximity,imaging sensors to offer best market opportunities
Products such as advanced proximity and positioning sensors and complementary
metal-oxide silicon (CMOS) imaging sensors hold especially good prospects
through the end of the decade. Advanced proximity and positioning sensors --
based on a range of technologies, including infrared, radar and ultrasonic --
are expected to be widely used in motor vehicle safety systems. Imaging
sensors, widely used in such products as mobile telephones, digital cameras,
camcorders, video games, computer monitors, are benefitting from technological
innovations that are driving down costs while improving performance,
especially in devices based on CMOS microchip construction.
Demand for certain types of physical properties sensors, such as speed sensors
based on micro-electromechanical systems (MEMS) technology, is also expected
to advance at well above the pace of the overall market.
All major sensor markets to grow at above-average rates
The motor vehicle, information technology and consumer electronics markets are
all expected to increase at an above-average pace, primarily due to new
applications for advanced sensors in these markets.
Sensor imports, which comprised over one quarter of demand in 2005, will
continue to increase more rapidly than exports. Rising imports will be fueled
by the technical expertise of nations such as Germany and Japan, and by the
labor cost advantage that many developing nations have over US producers.
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