Flexpoint targets $20.6 billion auto sensors market

Flexpoint Sensor Systems has revealed it will target the rapidly growing market for vehicle sensors. A study by Global Industry Analysts projects growth in the global sensors market to top US$20.6 billion by 2017. The report singles out safety and comfort applications for particularly strong growth, two areas in which Flexpoint’s bend sensor technology is currently in advanced-stage testing and product placement.
June 15, 2012 Read time: 1 min
5929 Flexpoint Sensor Systems has revealed it will target the rapidly growing market for vehicle sensors. A study by Global Industry Analysts projects growth in the global sensors market to top US$20.6 billion by 2017. The report singles out safety and comfort applications for particularly strong growth, two areas in which Flexpoint’s bend sensor technology is currently in advanced-stage testing and product placement.

"We're only scratching the surface of the potential applications for our bend sensor technology in the auto industry," Clark Mower, Flexpoint president said. "We have customers who are currently working on projects spanning everything from family sedans to commercial trucks, and discovering new uses for our product along the way,"

For more information on companies in this article

Related Content

  • Printed and flexible electronics in vehicles: major opportunity by 2026
    January 27, 2016
    A new report from IDTechEx Research, Printed and Flexible Electronics in Automotive Applications 2016-2026, indicates that the market for printed and flexible electronics in vehicles is expected to grow to over US$5.5 billion dollars in the next decade, spearheaded by the projected growth of in-mould electronics and OLED technologies. Printed and flexible electronics are beginning to proliferate, with a variety of components and devices coming to market. Several end-user verticals are expected to benefit
    Read More
  • MaaS will be adopted quicker in Europe than in the US: here’s why
    December 5, 2018
    A new report suggests that MaaS will be implemented more quickly in Europe than in the US – but why should this be? Ben Spencer examines the arguments
    Read More
  • More for less with traffic control centre technology
    May 31, 2013
    Rich pickings are now available in a maturing market supplying screens and processors for traffic management operations. Jon Masters reviews what’s on offer. Competition in supply of technology for traffic management and control centres has increased significantly in recent years. Suppliers introduced better products and customers are changing the way they operate, which benefits traffic authorities and emergency services alike. These are the views of Electrosonic’s control rooms solutions sales manager Pa
    Read More
  • Machine vision develops closer traffic ties
    January 11, 2013
    Specifiers and buyers of camera technology in the transportation sector know what they need and are seeking innovative solutions. Over the following pages, Jason Barnes examines the latest developments with experts on machine vision technology. Transplanting the very high-performance camera technology used in machine vision from tightly controlled production management environments into those where highly variable conditions are common requires some careful thinking and not a little additional effort. Mach
    Read More

Highlighted Content