Uploaded on Aug 1, 2019
Global Nanosensors Market is projected to be valued $5.6 Billion by 2024; with a CAGR of 68.5% from 2017 to 2025. Nanosensors are anychemical, mechanical, biological, or surgical sensors used to convey inform
Nanosensors Market
Global Nanosensors Market
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Accurize Market Research
Global Nanosensors Market is Estimated to Reach $5.6
Billion by 2024, Says Accurize Market Research
Global Nanosensors Market report published by Accurize
Market Research forecast that the global market is expected to
reach $5.6 billion by 2024; growing at a CAGR of 68.5%
from 2017 to 2025. By geography, Asia Pacific and North
America are expected to grow at a CAGR of XX% and XX%,
respectively, during the forecast period.
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et/sample-request
Increasing affordability of nanosensors in the
developing regions across the globe to drive
the growth of the market
Growing affordability of nanosensors owing to rising demand
for cost-efficient and optimum quality products in the
developing regions fuels the demand for the global
nanosensors market. Moreover,exhibit features such as low
cost, compact size, increased reliability, and reduced power
consumptionalso boosts the growth of the market.
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Market Segmentation
The global nanosensors market has been bifurcated on the basis of product
type, application and geography. On the basis of product type, the market
has been divided into optical nano sensors, electrochemical nanosensors,
and electromagnetic nanosensors. On the basis of application, the market
has been segmented as automotive and aerospace, homeland defense and
military, biomedical and healthcare, and other applications.
By geography the market is segmented into North America, Europe, Asia-
Pacific and Rest of the World (RoW). North America is further bifurcated
in U.S., Canada, and Mexico whereas Europe segment consist of UK,
Germany, France, and Rest of Europe. Asia-Pacific is segmented into
India, China, and Rest of Asia-Pacific while RoW is bifurcated into South
America, Middle East, and Africa.
“Electrochemical nanosensors accounted for the largest market
share in the product type segment", says Accurize
By product type segment, electrochemical accounted for the highest
market share in 2017 and expected to continue its trend during the
forecast period 2017 – 2025. In terms of growth, electromagnetic
nanosensors are likely to achieve the fastest CAGR during the forecast
period, owed to its extensive application in wireless communication.
“Biomedical and healthcare accounted the highest share in the
application segment", says Accurize
By application segment, biomedical and healthcare accounted for the
major market share in 2017, and is likely to continue its dominance
during the forecast period. The high growth is attributed to its high
sensitivity and accuracy.
“North America dominated the global market with the
highest market share over the forecast period", says
Accurize
In 2017, North America made the highest revenue accounting
for 39.3% of the total market share, owing to booming
automotive and aerospace segment in the region. In terms of
growth, Asia-Pacificis likely to achieve the fastest CAGR of
69.3% during the forecast period 2017 – 2025.
Top players in the market
The key market players include
Lockheed Martin Corporation
Robert Bosch GMBH
Honeywell International
Nippon Denso Corp
Agilent Technologies Inc
Micro-Tech Scientific Inc
Analog Devices INC
Toshiba Corp.
Altair Nanotechnologies Inc. and
Omron Corp. among others.
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Accurize Market Research Pvt. Ltd.
Email: [email protected]
Contact No: +1-339-368-6383
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