AIR & WATER POLLUTION

MONITORING NEWSLETTER  

July 2012
No. 393

 

The Growth of European and French Sensor Markets at %6 in 2011

The average growth of the sensor market in Europe was estimated at 6% between 2007 and 2011, with the market worth 10 billion Euros in 2007 (28% of the World sensor market).  Specifically, the French market is estimated at 15% of the European sensor market with a similar growth rate to that of the European market overall. The dynamics of the French market lie mostly in the demand for sensors within the aerospace and defense applications as well as the process and food industry. In comparison, the other main European sensor markets are Italy and Germany with dynamics in the automotive and industrial machinery instead. Looking at the European sensor market, the majority of the market lies in physical and mechanical sensor needs, representing 75% of the global market worldwide. The European market contains tremendous potential in the consumer, medical and environmental industries, relying on new sensor concepts such as smart, autonomous sensors. For example, this includes development in multi measurement and self-diagnostic sensors.

http://www.decision.eu/doc/presentations/sensor_survey_abstract.pdf

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