The global switchgear market size was estimated at USD 107.33 billion in 2024 and is projected to reach USD 160.07 billion by 2030, growing at a CAGR of 7.2% from 2025 to 2030. A major factor expected to drive the global switchgear industry is the increasing emphasis on developing smart ... Read More »
June 2025The global magnetic sensor market size was estimated at USD 3.03 billion in 2024 and is projected to grow at a CAGR of 6.4% from 2025 to 2030. Increased integration of magnetic sensors in various industry verticals, backed by significant technological advancements in sensi... Read More »
May 2025The global pressure sensor market size was estimated at USD 20,604.9 million in 2024 and is projected to reach USD 26,316.2 million by 2030, growing at a CAGR of 4.1% from 2025 to 2030. The market growth is driven by increasing demand across various industries, including automotive ... Read More »
April 2025The global tunable diode laser analyzer market size was valued at USD 530.7 million in 2024 and is projected to grow at a CAGR of 7.3% from 2025 to 2030. This growth is attributed to strict environmental regulations, heightened focus on workplace safety, and rapid industrialization in em... Read More »
March 2025The global lighting market size was estimated at USD 151.7 million in 2024 and is projected to reach USD 223.3 million by 2030, growing at a CAGR of 7.2% from 2025 to 2030.... Read More »
February 2025The global radio frequency components market size was estimated at USD 41,934.4 million in 2024 and is projected to grow at a CAGR of 13.7% from 2025 to 2030. Continuous innovations and advancements in mobile handset technology owing to the continuing transition from 2G, and 3G to 4G/LTE... Read More »
February 2025The global 2d barcode reader market size was estimated at USD 7,692.7 million in 2023 and is projected to reach USD 13,597.5 million by 2030, growing at a CAGR of 8.5% from 2024 to 2030. Several key factors, including the rising demand for efficient inventory manage... Read More »
January 2025The global agriculture sensor market size was estimated at USD 2,324.3 million in 2024 and is projected to reach USD 4,618.7 million by 2030, growing at a CAGR of 11.8% from 2025 to 2030. The growth of this market is primarily influenced by aspects such as the increasing adoption of... Read More »
January 2025The global photoelectric sensors market size was valued at USD 2.06 billion in 2024 and is expected to grow at a CAGR of 6.8% from 2025 to 2030. The growth is attributed to increasing demand for automation in various industries. As businesses strive for greater efficiency and productivit... Read More »
January 2025The global handheld imagers market size was valued at USD 3.90 billion in 2023 and is projected to grow at a CAGR of 10.5% from 2024 to 2030. Handheld imagers have been vital in public safety and security, widely employed across diverse applications such as border control, airport securi... Read More »
January 2025The global CMOS image sensor market size was valued at USD 30.67 billion in 2024 and is projected to grow at a CAGR of 7.7% from 2025 to 2030. The increasing integration of CMOS technology into consumer electronics, particularly smartphones and digital cameras, has been pivotal. These se... Read More »
December 2024The global image sensor market size was valued at USD 31.17 billion in 2024 and is projected to grow at a CAGR of 7.7% from 2025 to 2030. The rising demand for high-quality imaging in consumer electronics, especially smartphones, is a key factor driving growth. As consumers prioritize su... Read More »
December 2024The global tilt sensor market size was valued at USD 262.7 million in 2024 and is projected to grow at a CAGR of 11.1% from 2025 to 2030. The increasing demand for tilt sensors in the automotive sector has been a primary driver of market growth. This surge can be attributed to the rising... Read More »
December 2024The global automotive sensor market size was valued at USD 39.5 billion in 2023 and is projected to grow at a CAGR of 11.9% from 2024 to 2030. The increasing demand for advanced driver-assisted systems (ADAS) and autonomous vehicles (AVs) are the key factors driving the automotive sensor... Read More »
December 2024The global motion sensor market size was valued at USD 8.0 billion in 2024 and is projected to grow at a CAGR of 9.9% from 2025 to 2030. The surge in demand for automation across various sectors is significantly contributing to market expansion. Industries are increasingly adopting motio... Read More »
December 2024The global burner management system market size was valued at USD 6.09 billion in 2024 and is projected to grow at a CAGR of 6.3% from 2025 to 2030. This expansion can be attributed to the need for safety and regulatory compliance. Industries that rely on burner systems, such as oil and ... Read More »
December 2024The global oxygen flow meters market size was valued at USD 1.29 billion in 2024 and is projected to grow at a CAGR of 5.5% from 2025 to 2030. An oxygen flow meter is a medical device used to measure and regulate the flow of oxygen from a dispensing unit to patients, ensuring they receiv... Read More »
November 2024The global ultrasonic sensors market size was valued at USD 4.87 billion in 2024 and is projected to grow at a CAGR of 7.7% from 2025 to 2030. The increasing adoption of ultrasonic sensors across various industries such as automotive and healthcare applications is driving significant mar... Read More »
November 2024The North America industrial component market size was estimated at USD 34.85 billion in 2024 and is projected to grow at a CAGR of 8.6% from 2025 to 2030. The rise of advanced manufacturing technologies, such as additive manufacturing (3D printing), is transforming the market in North A... Read More »
November 2024The global gas detection equipment market size was estimated at USD 5.60 billion in 2024 and is projected to grow at a CAGR of 11.7% from 2025 to 2030. The market growth is anticipated to increase due to employees' increasing worries about their safety worldwide. Public safety agencies s... Read More »
November 2024