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Describe the competitive landscape

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Reference no: EM132220012

PROJECT MILESTONE

In preparation for the course project do some outside secondary research on the Sensor industry and collect data and a list of competitors.

Share here what you have learned about this industry.

Show the industry profitability, size, growth, and characteristics.

Describe the competitive landscape. Who are the key competitors? What are their strengths and weaknesses? Approximate their market shares.

Describe the competitive landscape. Who are the key competitors? What are their strengths and weaknesses? Approximate their market shares.

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This particular project generally indicates the size, growth and profitability of the global sensor market.According to secondary research data, it has been identified that due to the improvement of technology the demand of sensors is increasing day by day.The number of competition in the market is high but high demand also helps the organization to increase their sales volume easily.The current value of the global sensor market is about 16 billion USD and it will reach up to 21 billion USD by 2023.The demand for the infrared sensor is increasing and the market size of the IR sensor industry is very huge and maintain effective distribution, product quality will provide various upcoming opportunities.

Reference no: EM132220012

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len2220012

1/21/2019 2:25:22 AM

TEAM COURSE PROJECT MILESTONE Due 28 by 1:59am Points 10 Team Course Project Update Report: In preparation for the course project do some outside secondary research on the Sensor industry and collect data and a list of competitors.

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