Australia NanoSensors Market - Growth, Trends and Forecasts (2015 - 2020)
The Australia Nano Sensors market is expected to increase to $9.22 Million by 2020 at a CAGR of 89.61% over the period 2014-2020. The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key drivers, which are making the Nano Sensors market to grow lucratively. Development of new applications for technologies, which utilize nano, and micro technology will help grow the Australia automotive sensor market. Increased research and development in the sensor industry is creating opportunities for technological advancements that open up new horizon for sensor applications.
The major trend driving the Australia automotive sensor market is miniaturization and improved communication capabilities, which enables their integration into vehicles without interfering with the basic functionalities of the vehicle. Australia set a new record for vehicle sales in 2012 of 1.112 million; only 12.5% of them were locally produced. Vehicle manufacturing is now valued at $13.38 billion representing only 12.3% of the total $108.8 billion Australian automotive industry. The major manufacturing product categories are performance parts and 4WD accessories followed by steering and suspension. These products are also strongly represented in Australian exports, which are now expected at more than $800 million a year.
The Australia Nano Sensors Market is segmented on the basis of Type (Optical Nano Sensors, Electrochemical Nano Sensors, Electromagnetic Nano Sensors and Others ), Application (Consumer Electronics, Power Generation, Automotive, Petrochemical, Aerospace and Defense, HealthCare, Industrial and Others).
This report describes a detailed study of the Porter’s five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players, which includes the key growth strategies and competition analysis.
The report also considers key trends that will impact the industry and profiles over 10 leading suppliers of Australia Nano Sensors Market. Some of the top companies mentioned in the report are Analog Devices INC., Robert Bosch GMBH, Nippon Denso Corp., Omron Corp., Roche Nimblegen INC., Toshiba Corp. and others
What the report offers
1. Market Definition for Australia Nano Sensors along with identification of key drivers and restraints for the market. 2. Market analysis for the Australia Nano Sensors Market, with region specific assessments and competition analysis on a regional scale. 3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a regional scale. 4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares. 5. Identification and analysis of the Macro and Micro factors that affect the Australia Nano Sensors market on a regional scale. 6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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