Sensors Semiconductor Market Set to Flourish in Coming Years

The sensors semiconductor market is anticipated to grow at a CAGR of around 17% during 2011-2013, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) February 9, 2011 - The semiconductor market is largely being considered as a sophisticated and capital-intensive enterprise, incorporating a wide range of highly advanced technologies that stimulate growth in other industries through the usage of electronics. Semiconductors have become increasingly essential for the improvement in core industries, such as automobiles and aircraft. Integrated circuits or ICs remain the most dominant segment of the semiconductor industry. However, our research report "Semiconductor Industry Forecast to 2012", projects that the future growth will be driven by sensors segment with a projected CAGR of around 17% during 2011-2013.

With improving technologies and greater use of sensors in various industrial and consumer segments, this segment will show splendorous growth. Increasing usage of motion-control user interfaces on consumer electronics and drop-detection/protection features in portable systems will fuel growth in this segment. Our research reveals that the automotive sector remains the largest consumer of sensors, followed by life sciences, and the process industries.
In this regard, our report provides an analysis on sensors and other segments of the industry.

At the regional level, our research projects that the Asia-Pacific region will account for over half of the semiconductor market by the end of the forecast period. Countries such as India and China will fuel demand for semiconductors in Asia-Pacific in coming years. As evidence, our study provides a country level analysis analyzing their future potential. It also highlights various potential application areas that continue to grow despite the global crisis. Our study also provides an insight of the key players of the industry examining their strengths and weaknesses.

"Semiconductor Industry Forecast to 2012" helps the clients to analyze trends and developments in the semiconductor market. It has studied the market by segments, equipments, and materials. The report also features exclusive forecast for various semiconductor segments including: integrated circuits, discrete semiconductors, optoelectronics, sensors, wafer processing equipment, assembly & packaging equipments, testing equipments, wafer fabrication materials, and packaging material.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM179.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: global semiconductor

Categories: Semiconductors

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