the continued US economic recovery and which countries look ..
The economy of Asia comprises more than 4.5 billion people ..
The global market for Proximity & Displacement Sensors is projected to reach US$3.9 billion by 2020 driven by the recovery in automobile manufacturing, and rapid proliferation of automation technologies in key industrial processing and manufacturing plants. Europe represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with sales projected to grow at a CAGR of 9.8% over the analysis period. Growth in the region is driven by the increase in manufacturing investments and productivity in developing Asian countries, newly emerging prosperity of South East Asian economies such as Indonesia and Philippines, and the continuing spread of consumer spending power across China, despite its economic vulnerabilities.
Economic and Social Survey of Asia and the Pacific …
In the event that both the eurozone and the US economies contract sharply, the impact on emerging East Asia would be serious yet manageable, the report says.