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The Ongoing Evolution of Oxygen Sensor Technology

Accurately ascertaining oxygen levels is essential in many applications within the industrial, agricultural, storage/transportation, automotive and medical sectors. While scope of applications is expanding, the performance requirements continue to rise. The worldwide oxygen sensor business is predicted to be worth over $2.6 billion annually by 2022 (according to Micromarket Monitor). If this forecast is in fact demonstrated to be correct, it will mean that the market for such technology will have almost doubled in the course of a decade.

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