Thin Film Sensor Market to Grow at a CAGR of 3% by 2024, Focusing on Top Key Players - Gems Sensors & Controls, Honeywell International, Heraeus Sensor Technology GmbH

Thin Film Sensor Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2024” with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect.

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Pune, India -- (SBWire) -- 08/27/2018 --Rising Adoption of Thin Film Sensors in the Gas Industries Drives the Thin Film Sensors Market Growth

The various types of flammable and toxic gases are used in industrial processes such as Nitrogen Dioxide and Hydrogen Sulfide. The contact of these chemicals pose high risk to workers working in the industries. These toxic and flammable gases may cause various accidents so the continuous monitoring of concentration of these gases is important. The thin film sensors are mainly used to monitor the gases and various chemicals across the gas, and other industries. Rising adoption of thin film sensors in the gas industries owing to the stringent government regulations to ensure worker safety drives the growth of Thin-film sensors market worldwide. In addition, the trending miniaturization of sensors is likely to boost the growth of thin film market over the forecast period. However, inadequate conversion efficiency of thin film sensors is hampering the growth of market. Moreover, rising use of thin film in the consumer electronics and healthcare are projected to create several opportunities in this market in upcoming years

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North America accounts for the largest share in the thin film sensor market

North America accounts for the largest share in the thin film market owing to the rapidly growing demand of thin film from the various end use industries, presence of thin film manufactures and rising consumer electronics industries. In addition, stringent government regulations to ensure worker safety and rising awareness about safety and good health are anticipated to boost the market growth in this region.

Pyreos enhanced performance of its TO-39 packaged flame sensors with the introduction of the ezPyro TO Flame Sensor     

In June 2018, Pyreos has enhanced performance of its TO-39 packaged flame sensors with the introduction of the ezPyro TO Flame Sensor that will now address wider applications in industrial settings than analogue equivalents in the same package. The sensor couples the company's thin-film PZT pyroelectric sensors with integrated readout circuitry and an I2C digital communications bus.

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Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global thin film sensor market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of thin film sensor market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the thin film sensor market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the thin film sensor market to understand the present and future trends in this market and formulate their strategies accordingly.

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View this press release online at: http://rwire.com/1036394