(PharmaNewsWire.Com, November 01, 2017 ) According to Publisher research report, Global Chemical Sensors Market (Optical, Electrochemical, Biochemical): Analysis By Type, By Application, By Region, By Country (2016-2021), Global Chemical Sensors market is projected to exhibit a CAGR of 10.15%during 2016 - 2021. Global Chemical Sensors Market has been segmented on basis of Type (Electrochemical, Optical Chemical, Biochemical and Other); By Application (Medical, Automotive, Environmental Monitoring and Other); By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil and Saudi Arabia).
Global Chemical Sensors Market is forecasted to grow at a CAGR of 10.15% during 2016 - 2021. The strong growth in Chemical Sensors industry is driven by the surging demand from medical and automotive sectors. Apart from that, the uncovering of the wide range of applications in allied industries including chemical processing, food & beverage processing, environmental sector and defence has been impelling growth in the chemical sensors market.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global Chemical Sensors market on the basis of Type (Electrochemical, Optical Chemical, Biochemical and Other); By Application (Medical, Automotive, Environmental Monitoring and Other); By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K., Germany, China, India, Japan, Brazil and Saudi Arabia).
Although, electrochemical sensors hold the major percentage share in the total chemical sensors market, biochemical sensor is projected to display a faster growth in the future owing to the increasing diabetes prevalence in the population coupled with growing home &point-of-care testing and monitoring tools demand. Among the regions, APAC is predicted to advance at the highest rate, mainly driven by the pouring number of vehicle production, growing healthcare infrastructure and shift of manufacturing facilities in low-cost countries in the region.
Company Analysis 15.1 Thermo Fisher Scientific Inc. 15.2 Emerson Electric Co. 15.3 HORIBA, Ltd. 15.4 Siemens AG 15.5 Teledyne Technologies Incorporated. 15.6 Smith's Group plc.
15.7 Nova Biomedical Corporation 15.8 Alpha MOS 15.9 Figaro Engineering Inc. 15.10 RAE Systems
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