PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Sensor Technologies Ride Piggy Back on the Outstanding Growth of the Southeast Asian Economy - The economic boom in Southeast Asia has given sensor manufacturers in the region many reasons to cheer
Sensor Technologies Ride Piggy Back on the Outstanding Growth of the Southeast Asian Economy

 

NewswireToday - /newswire/ - Singapore, Singapore, 2008/11/07 - The economic boom in Southeast Asia has given sensor manufacturers in the region many reasons to cheer.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

They have been engaged in frantic R&D activity in line with end-user industries’ increased spending power, which has translated into greater demand for high-quality sensors for process control and monitoring.

New analysis from Frost & Sullivan (sensors.frost.com), Analysis of the Southeast Asian Sensors Market, finds that the market earned revenues of $266.6 million in 2007 and estimates this to reach $605.0 million in 2014.

While myriads of sensors are available for use in diverse applications such as electronics, process industries, as well as building and home automation, traditional sensors (pressure, temperature, level, and flow) still dominate in many industries in most Southeast Asian countries. Significantly, the sales revenue in the Southeast Asian region has been increasing year-on-year, making it a key geographic segment in the global sensors market.

The market’s prospects look bright, especially with the growth rate of the oil and gas industry expected to remain high. This is because the escalating prices of crude oil will necessitate greater investments in refineries and oil exploration and consequently, generate higher demand for sensors for high-precision monitoring equipment. The expansion of end-user segments such as automotive and consumer electronics is also expected to similarly affect the sensors market.

To keep pace with these advances in the end-user segments, sensor companies need to upgrade their production lines. The global sensors market has made some rapid strides technologically; however, the Southeast Asian market has to cover a lot of ground to catch up.

The good news is that investments in R&D are set to rise due to the interest shown by foreign participants. By channeling these resources to the development of new technologies and improvement of existing processes, manufacturers can not only enhance sensors’ performances but also offer the products at lower prices to gain a competitive edge.

“Technological progress has opened up new application areas for sensors, while more efficient production, commoditization, and larger manufacturing capacity are pushing down prices of sensors,” says Frost & Sullivan Research Analyst Sriram Venkatasubramanian. “The multi-variable or multi-functional sensor, a single device that can measure many physical quantities, is gaining traction in the market.

Meanwhile, close partnerships among different parties along the value chain have become common due to the need to develop new standards and protocols for emerging technologies such as wireless. While Japan, the United States, and Europe have been quick to adopt these novel technologies, the Southeast Asian countries, barring Singapore and Malaysia, have been reluctant to make the shift from traditional sensing methods.

Suppliers need to encourage end users in Indonesia, Thailand, Vietnam, and the Philippines to overcome their conservatism and implement advanced monitoring technologies.

“The suppliers need to create awareness about the numerous advantages of new monitoring technologies,” notes Venkatasubramanian. “Since web sales are still in the emerging stages, large-scale foreign suppliers have to accelerate their marketing efforts to educate end users in Southeast Asia.”

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the Southeast Asian sensors market, then send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

Analysis of the Southeast Asian Sensors Market is part of the Sensors & Instrumentation Growth Partnership Service program, which also includes research in the following markets: Asia Pacific sensor network industry and sensor applications in consumer electronics. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting, and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

Analysis of the Southeast Asian Sensors Market
P1A3

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


Sensor Technologies Ride Piggy Back on the Outstanding Growth of the Southeast Asian Economy

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Donna Jeremiah 
+603 6304 5832 djeremiah[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

Frost & Sullivan Highlights Copper Mountain Technologies for its Robust USB VNA Solution
Mentor Announces First Annual FloTHERM Award for Electronics Thermal Design Excellence
SpacePole, Inc. Signs North American Distribution Agreement with BlueStar At the RetailNOW Trade Show
Mentor Announces Agenda, Keynotes and New Location for IESF Automotive 2017
Yokogawa Releases FieldMate® R3.03 Versatile Device Management Wizard
NI Announces New PXI Remote Control and Bus Extension Modules for High-Throughput Applications
Hungarian Ministry of Agriculture Selects Bruker NMR FoodScreener® for Authentication and Identification of Hungarian Wines
Bruker Introduces Software Package for Layer Analysis with XTrace Micro-XRF on Electron Microscopes
Global Unichip Achieves SGS-TUV ISO26262 Certification
NI Announces Industry’s First Remote Control Solution for PXI Systems with Thunderbolt™ 3
Bruker Announces Updated D2 PHASERTM Benchtop X-ray Diffraction (XRD) System with LYNXEYE XE-TTM One-dimensional Detector
Hitachi Joins Maker Faire Detroit with Sponsorship, Exhibit and Recruiting Drive
Curtiss-Wright Among First Aerospace COTS Vendors to Meet New AS9100 rev D Aerospace Supplier Standard
Mentor Supports Xilinx Zynq UltraScale+ MPSoC Platform with Updated Embedded Platform Release
NI Announces Multiple Antenna UE Support for its MIMO Application Framework to Further 5G Research

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  S&A Capital Partner Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)