Sensor Market to Reach $241B by 2022

Sensor Market Report, by Allied Market Research, forecast that the global market is expected to garner $241 billion by 2022, growing at a CAGR of 11.3%. In the year 2015, Asia-Pacific dominated the global market and contributed over 45% of the overall market, owing to improved electronics industry infrastructure and increase in demand for electronic products such as smartphones,…

Continental Ramps Up Production

International automotive supplier Continental will launch production this month of short range radar sensors for advanced driver assistance systems at its plant in Seguin, Texas. “Expanding our manufacturing capacity takes us a step closer to our American customers. In the market for the market is a keystone of our strategy,” said Christian Schumacher head of…