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While the environmental and industrial sensors market has been established for quite some time with respect to industrial applications, it only gained significant attention in the security market following the events of 9/11. With the heightened sensitivity to public safety and the threat of terrorism in the United States, numerous sensors have been re-engineered to assist in the detection of biological, chemical and nuclear trace elements.
The Department of Homeland Security (through Project Bioshield, the Container Security Initiative and other initiatives) has allocated sizable funds towards technology that can assist in the detection of toxins and explosives.
The U.S. environmental sensor market dedicated towards terrorism prevention is estimated at approximately $375 million with an annual growth rate of 34% over the next three years.
The overall U.S. environmental and industrial sensor market, while significantly larger at $6.1 billion in 2004, is expected to experience more modest growth of 4.6% through 2009.
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