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

  • Ptolemus' short guide to picking an ITS winner
    January 11, 2024
    What makes a good ITS investment and what are the chances of the money coming into transportation creating an unsustainable bubble? Frederic Bruneteau and Alberto Lodieu of Ptolemus Consulting Group take a look at the market and suggest some key areas of interest for the future
    Read More
  • Advanced Driver Assistance Systems: a solution or another problem?
    November 27, 2013
    Do Advanced Driver Assistance Systems represent a positive step forward for safety, or something of a safety risk? Jason Barnes discusses the issue with leading industry figures. Advanced Driver Assistance Systems (ADAS) are already common. Anti-lock brakes or electronic stability control are well understood and are either fitted as standard or frequently requested by new vehicle buyers. More advanced ADAS features are appearing on many top-end vehicles and the trickle-down has already started. Adaptive
    Read More
  • Enforcement a key part of the road safety solution
    January 31, 2012
    The Partnership for Advancing Road Safety is a new organisation set up in the US to push the national debate on speed and intersection safety, something which hitherto has been absent. Here, executive director David Kelly explains the organisation's work. With moves to address drink/drug driving and the wearing of seatbelts starting to prove successful in the US, the use of inappropriate speed and poor driving at intersections have become responsible for a proportionately greater number of the deaths and in
    Read More
  • Is DSRC progressive enough for future connected mobility?
    February 3, 2012
    Dedicated Short Range Communications technology, says Cisco's Paul Brubaker, is not by itself progressive enough to sustain long-term innovation in the connected mobility environment - and yet IPv6 and other developments remain largely ignored by policy-makers
    Read More

Highlighted Content