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

  • Crossing the line: managing traffic across jurisdictions
    June 18, 2024
    The US will eventually have a fully-digitised transportation network, with traffic management devices talking to each other across massive distances. It’s really a question of pain points on the road to full deployment, explains Mark Talbot of Q-Free
    Read More
  • Inrix aids authorities in dealing with data
    August 18, 2015
    New traffic data products and services have been launched to aid transport and urban planners and business with detailed intelligence on journey patterns, reports Jon Masters. Manual travel surveys ought soon to become a thing of the past for transport planners and the business community. The technology now exists for getting sophisticated levels of traffic and trip data from connected vehicles. Cars and commercial fleets carrying a GPS device, or a mobile phone or smartphone are the sources of the informat
    Read More
  • "They're not Democrat bridges and Republican roads - they're all bipartisan"
    April 17, 2025
    Concerns over the potential vulnerability of GPS could have significant implications for the tolling industry. IBTTA’s Kathryn Clay explains it all to Adam Hill, and looks to the future…
    Read More
  • LiDAR sets its sights on future problems
    February 23, 2017
    AAdvances in LiDAR are helping transport authorities improve services and identify potential problem areas, as geospatial technology expert Dr Neil Slatcher explains. The effects of climate change on the transport infrastructure have long been a cause of concern within the transportation sector - and not only on the structures themselves but also on the surrounding areas. This year, those concerns have become reality with landslides, structural collapses and surfacing issues impacting services across the wo
    Read More

Highlighted Content