The demand for sensors

HS-Image-012

Market forecasters BCC Research have predicted that sensor sales will top £50 billion in 2014, reaching £74.1 billion by 2019, at a compound annual growth rate (CAGR) of 7.9%.  BCC attributes this record demand to issues such as increases in productivity and government regulations, while some sources have put it all down to improved fabrication techniques that have enhanced the components themselves. Another theory is that increased sensing abilities at lower cost have increased market growth. Continue reading