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Frbiz.com Forecasts Chinese Automotive Sensor Markets

Frbiz.com, a leading China-based B2B search engine company, documents that the automotive sensor market in China will grow rapidly in 2010.

The automotive sensors are computer controlled input units that can maintain all sorts of data such as temperature, speed, engine status etc.

The latest vehicle technology exploits many sources for the control of electronics. The major operation of the sensor encompasses the monitoring of flow, pressure, temperature, distance gas concentration, location, brightness, speed, dry humidity etc.

The sensor utilization in the bus industrial sectors has also increased exponentially for meeting environmental protection, comfort, safety, entertainment and communication needs. The demand for the automotive sensor world-wide is predicted to exceed from 800 million U.S. dollar of the year 2007 to 13.5 million by the year 2010 with a CGAR of 10.8%.

The business for vehicle sensors in China is forecasted to reach 13.2 billion U.S. dollars in 2010 with 35.2% growth rate.

The improved configuration and the novel methodologies of multi-function, integration, miniaturization and intelligence will dominate the conventional sensing technology with the advent of advanced electronic technology and automobile electronic controls in the automotive sectors.

Source: http://www.frbiz.com

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