Chemical Sensors Market to 20171. Chemical Sensors to 2017
by
Freedonia Group
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2. Chemical Sensors to 2017
US chemical sensor demand will increase nearly five percent per year to nearly $1.9
billion in 2017. A continued rebound in light vehicle production, along with the
increasing use of advanced, higher cost universal exhaust gas oxygen (UEGO) sensors to
improve vehicle fuel efficiency and performance, will drive advances. Growth will also
be supported by healthy increases in medical chemical sensor demand as the
continued aging of the baby boomer generation leads to above average growth in the
diagnosis of diabetes and other chronic conditions. More broadly, gains across the
entire industry will be supported by strong unit volume demand as lower average
prices for most product types, and improved chemical sensor performance due to
technology advancements, encourage expanded sensor use and facilitate the
development of new applications and markets.
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3. Chemical Sensors to 2017
Fuel economy requirements to drive motor vehicle market
Changes within the motor vehicle industry will have the greatest impact on chemical
sensor demand going forward. The increased use of gasoline direct injection and
turbocharged engines by vehicle manufacturers in an effort to comply with federal
corporate average fuel economy requirements will necessitate the expanded use of
higher cost UEGO sensors that allow engines to achieve both higher performance and
better fuel efficiency. The shift in product mix toward the higher cost oxygen sensors,
as well as the increased adoption of cabin air quality sensors, and robust increases in
nitrogen oxide and ammonia sensor demand due to the strong rebound in medium
and heavy duty truck production, will all support the strong gains in the motor vehicle
market and chemical sensors overall.
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4. Chemical Sensors to 2017
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