Asia-Pacific sensors market 'driven by environmental concerns'

e14news — Thu, 07 Oct 2021 05:29:59 GMT

Current Revision posted to Documents by e14news on 10/7/2021 5:29:59 AM
The demand for companies to accurately track their own pollution risks is driving the sensors market in the Asia-Pacific region, according to Frost & Sullivan.

In a newly published report, the market analyst explains that industrialisation in the past led to pollution of surface water in all areas of the world.

Now the Asia-Pacific market in particular is investing in sensors of all types to help track the release of contaminants.

Flow sensors were the biggest segment in 2009 by revenue, with a 34 per cent share of the total amount spent on sensors.

Pressure sensors accounted for 26 per cent of expenditure, level sensors 23 per cent and temperature sensors 17 per cent.

Frost & Sullivan senior research analyst Sriram Venkatasubramanian says: "Asia-Pacific, being one of the major hubs for refineries, chemical and petrochemical processing plants, metals and mining as well as manufacturing, is experiencing an increase in demand for industrial sensors."

The analyst's Sensors and instrumentation growth partnership service specialises in conducting industry analysis on a global scale to uncover new trends and opportunities.