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NEW YORK, NY – GreenCell, Inc. (OTCBB: GCLL) has launched a joint venture with General Automotive, a North American provider of parts, accessories and advanced technology for the automotive industry for using GreenCell’s ceramic seal system for automotive oxygen sensors.
MarketResearch.com has released a new report, “Global Sensors Market for Automotive Applications (2011-2016)” to their collection of Electronics market reports. The report outlines how emerging markets such as China and India’s expected continuous growth in the near future have a positive impact on the demand of automotive sensors — which makes them a huge market for automotive sensors.
The revenue for automotive sensor market is expected to grow from $14.5 billion in 2011 to 20.70 billion in 2016 at a CAGR of 7.4% from 2011-2016, as per MarketResearch.com.
To view more on GreenCell, Inc please visit http://www.emergingmarketsllc.com/our-clients.php?p=3
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