Thin Film Sensor Market Expected to Reach US$ 3,093.3 Mn by 2026

-
According to a new market report pertaining to the thin film sensor market, published by Transparency Market Research, the global thin film sensor market is expected to reach US$ 3,093.3 Mn by 2026, expanding at a CAGR of 3.1% from 2018 to 2026. North America is expected to lead consistently during the forecast period, with the market in the region expanding at a CAGR of 3.0% through 2026.

Superior features of thin film sensors over traditional sensors is driving the global thin film sensor market

Thin film sensors possess features such as repeatability, accuracy, better adhesion, flexible designing, and are capable of surviving rough handling. Therefore, they perform effectively in several industrial and commercial applications. Also, their thermal responsiveness is better than conventional film sensors. They are more beneficial in terms of miniaturization and integration in electronic circuits. Furthermore, they offer better performance under low-irradiation condition and make ultra large area process practicable with less material requirement and quick response time. Another significant use of this sensor is to incorporate it into a portable handheld measurement system. Thus, superior features of thin film sensors over conventional sensors is an important factor anticipated to facilitate the market growth throughout the forecast period.

Download PDF Sample for this Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30140

Thin Film Sensor Market: Scope of the Report

The global thin film sensor market is broadly segmented by sensor type, material, and end-user. By sensor type, temperature thin film sensor had the highest market share in 2017 and is further expected to maintain its dominance throughout the forecast period. Despite its low cost compared to other sensor types, thin film temperature sensor has major share due to its large volume and extensive usage in several end-use industries such as healthcare, aerospace & defense, and industrial automation. Pressure sensor is also anticipated to hold significant revenue share despite its low volume owing to the vast difference between the average selling price of thin film temperature and pressure sensors. On the basis of material, platinum is expected to hold the highest revenue as well as volume share during the forecast period. Platinum can withstand oxidation and is effective over a range of –200 to +850 degrees C. 

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation market is a
Read more

Military Land Vehicle Electronics Market: Latest Trends and Forecast Analysis up to 2019 - 2027

-
Global Military Land Vehicle Electronics Market – Introduction Military land vehicle electronics are used in military land vehicles to enable navigation, communication, and observation in the exchange of intra-vehicular or inter-vehicular information. They are used in the military to increase warfare capabilities in surveillance, intelligence, and reconnaissance missions. This is expected to enhance the demand for military land vehicle electronics across the world.  The growing trend of an open reference architecture system is augmented by an increasing need for military land vehicle electronics, which is turn is expected to fuel the market. Besides, armored fighting vehicles (AFVs) are equipped with networked information technology, so as to provide them with combat capabilities and optimal situational awareness. This in turn is expected to boost the military land vehicle electronics market over the forecast period. Key Drivers of the Military Land Vehicle Electronics Market
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. Incr
Read more