Sensor Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022
Allied Market Research recently published a report titled," Sensor Market Report." It predicts that the global market is estimated to generate around $241 billion by 2022, growing at a CAGR of 11.3% during the forecast period 2016-2022. The Asia-Pacific region dominated the global market and contributed around 45% of the overall market, owing to enhanced electronics industry infrastructure and growth in demand for electronic products such as handheld devices, PCs, smartphones, and laptops.
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