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PI Physik Instrumente - Fast Steering LB LW 11/24

Intelligent Sensing Market Sees Growth on the Horizon

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Analysts at Business Communications Co. Inc. in Norwalk, Conn., predicted growth in the market for all intelligent sensing systems. Burgeoning trade in vision chips, electronic noses and artificial tongues will drive the total sales for the industry to $43 million by 2003. An annual average growth rate of 14.3 percent is expected over the next three years. The study concluded that the market has endless possibilities but that in general it requires technological advancements to become viable. Trade in electronic noses was $14 million in 1998; it is forecast to grow annually at 7.4...Read full article

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    Published: October 1999
    BusinessCommunicationsdefenseindustriallight speed

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