Sensors Market Shipped $6.5 Million Units in 2010

Sensors markets shipped $6.5 million units in 2010, according to a new report by MarketResearch.com, a provider of global market intelligence products and services.

According to the report titled “Q3 Sensors and MEMs Market Tracker,” the sensors market is growing faster than the overall semiconductor industry. Overall the sensors market reached close to $7 billion in 2010.

This demand for sensors will keep on growing as more and more electronics applications incorporate touch and orientation electronics.

Manufactures can look towards a bright future as other sensors are also seeing strong demand thanks to demand coming from automotive, medical electronics, and security applications.

Overall the sensors market reached close to $7 billion in 2010 with $6.5 million units shipped worldwide.

The Q3 Sensors and MEMs Market Tracker provides vital market statistics that can be helpful to marketing, sales, and executives who need to follow what application markets to target, market share performance, and know about product demand in future.

This report includes worldwide semiconductor revenue forecast by product, worldwide sensors and MEMS market forecast, worldwide quarterly sensors market forecast, regional forecast, application consumption analysis, automotive market, computer market, consumer market, communications market, industrial market, product forecast and supplier market share.

Read a related article at TMCnet “Freescale (News - Alert) Announces New Pressure Sensor Chip.”

This article discusses the release of a new pressure sensor chip by Freescale Semiconductor that includes an altimeter to detect altitudes. The micro-electromechanical systems (MEMS) technology-based sensor enables advanced location-based and navigation applications for smart mobiles, tablets, and industrial and medical devices.

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