Thin Film Sensor Market

29 Apr

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Thin Film Sensor Market Poised to Grow at a CAGR of 3% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Thin Film Sensor Market. The report presents analysis of global as well as regional markets of thin film sensor market over the period of 2016 to 2024. Thin-film sensors works on the same principle as strain gauges. The thin film has grid-type resistance structures whose geometric stretching and compression result in a measurable resistance change. The thin film sensor offers various benefits including accuracy, better flexibility, repeatability and several other benefits over the tradition sensors so they are used as a fundamental component in many applications. The thin film sensors are provide better thermal responsiveness and it is very much compatible with any electronic circuit as compare to the other film sensors. The various types of flammable and toxic gases are used in industrial processes such as Nitrogen Dioxide and Hydrogen Sulfide. The contact of these chemicals pose high risk to workers working in the industries. These toxic and flammable gases may cause various accidents so the continuous monitoring of concentration of these gases is important. The thin film sensors are mainly used to monitor the gases and various chemicals across the gas, and other industries. Rising adoption of thin film sensors in the gas industries owing to the stringent government regulations to ensure worker safety drives the growth of Thin-film sensors market worldwide. In addition, the trending miniaturization of sensors is likely to boost the growth of thin film market over the forecast period. However, inadequate conversion efficiency of thin film sensors is hampering the growth of market. Moreover, rising use of thin film in the consumer electronics and healthcare are projected to create several opportunities in this market in upcoming years.

 

Regionally, North America accounts for the largest share in the thin film market owing to the rapidly growing demand of thin film from the various end use industries, presence of thin film manufactures and rising consumer electronics industries. In addition, stringent government regulations to ensure worker safety and rising awareness about safety and good health are anticipated to boost the market growth in this region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global thin film sensor market but also make strategic decisions to capture the most lucrative markets in the near future.The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global thin film sensor market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1451

 

The recent report identified that  dominated the global thin film sensor market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the thin film sensor market worldwide.


The report segments the global thin film sensor market on the basis of Type, Material and End use Industry.

 

Global Thin Film Sensor Market by Type

·         RTD/Temperature Sensor

·         Pressure Sensors

·         Others

 

Global Thin Film Sensor Market by Material

·         Platinum

·         Nickel And Nickel/Iron Alloy

·         Copper

·         Others

 

Global Thin Film Sensor Market by End Use Industry

·         Aerospace And Defense

·         Automotive

·         Consumer Electronics

·         Healthcare

·         Industrial Automation

·         Others

 

Companies Profiled in the Report

·         Gems Sensors & Controls, Inc.

·         Honeywell International Inc

·         Heraeus Sensor Technology GmbH

·         Innovative Sensor Technology IST AG

·         AMETEK

·         Baumer Group

·         Sensing Devices, Inc.

·         Temperature Specialists, Inc.

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.