Asia-Pacific Proximity and Displacement Sensors Market Is Expected to Reach $1.8 Billion, by 2020
Asia-Pacific Proximity and Displacement Sensors Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1.8 billion by 2020, registering a CAGR of 10.2% during the period 2015-2020. The major factor driving the market in the Asia-Pacific region is the increasing adoption of factory and process automation in automobile and manufacturing industries.
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