Global Markets and Technologies for Sensor
The global market for sensors reached $101.9 billion in 2015. This market should reach $113.2 billion by 2016 and $190.6 billion by 2021, with a compound annual growth rate (CAGR) of 11.0% for the period 2016-2021.
The image and chemical sensors segment should reach $28.4 billion by 2016 and $51.2 billion by 2021, a CAGR of 12.8%.
The biosensor and fingerprint sensor segment should reach $23.9 billion by 2016 and $44.5 billion by 2020, a CAGR of 13.2%.