The global industrial automation and control systems market size was estimated at USD 206.33 billion in 2024 and is projected to reach USD 378.57 billion by 2030, growing at a CAGR of 10.8% from 2025 to 2030. The market is growing rapidly, driven by the rising demand for efficiency,... Read More »
November 2024The global biometric sensor market size was valued at USD 2.09 billion in 2024 and is projected to grow at a CAGR of 19.8% from 2025 to 2030. Use of biometric sensors is primarily fueled by the adoption of advanced security and human capital management technologies by several industries ... Read More »
October 2024The global humidity sensor market size was valued at USD 1.38 billion in 2024 and is projected to grow at a CAGR of 11.0% from 2025 to 2030. Humidity sensors can sense the levels of moisture present in the air in real-time with high accuracy. The rising adoption of these sensors for mois... Read More »
October 2024The Middle East feeder and distribution pillar market size was valued at USD 263.2 million in 2024 and is projected to grow at a CAGR of 5.9% from 2025 to 2030. The presence of several well-planned cities in Saudi Arabia and UAE, coupled with the promising growth of South Africa in terms... Read More »
October 2024The U.S. motor vehicle sensor market size was valued at USD 3.88 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030 owing to the increased demand for Advanced Driver Assistance Systems (ADAS). ADAS technologies are designed to enhance vehicle safety and driving ... Read More »
October 2024The global advanced process control market size was estimated at USD 2,173.6 million in 2023 and is projected to reach USD 4,545.2 million by 2030, growing at a CAGR of 10.6% from 2024 to 2030. Advanced process control (APC) includes model-based software to enhance and m... Read More »
October 2024The global biophotonics market size was valued at USD 67.81 billion in 2023 and is projected to grow at a CAGR of 10.2% from 2024 to 2030. The increasing geriatric population, rising frequency of chronic diseases, growing government initiatives, increasing healthcare amends, and incorpor... Read More »
September 2024The global proximity and displacement sensors market size was valued at USD 6.82 billion in 2023 and is projected to grow at a CAGR of 9.1% from 2024 to 2030. Ongoing trend of process automation in factories, ongoing expansion of the mobile industry, and growing demand for automated proc... Read More »
September 2024The global collision avoidance sensors market size was valued at USD 5.70 billion in 2023 and is projected to grow at a CAGR of 15.3% from 2024 to 2030. As the automotive industry moves toward the development of fully autonomous or semi-autonomous vehicles, the need for advanced collisio... Read More »
September 2024The global wearable sensors market size was valued at USD 3.88 billion in 2023 and is projected to grow at a CAGR of 13.5% from 2024 to 2030. Almost 66% of the global population, which is around 5.35 billion out of nearly 8 billion people, have internet access. As a result, there is grow... Read More »
September 2024The global <= 5 mm² pressure sensor market size was estimated at USD 1.17 billion in 2023 and is expected to grow at a CAGR of 6.5% from 2024 to 2030. Mobile devices such as smartphones and tablets a... Read More »
September 2024The global temperature sensors market size was valued at USD 6.72 billion in 2023 and is projected to grow at a CAGR of 6.0% from 2024 to 2030. The market growth is due to rising applications of temperature sensors and growth in the electronics sector. There is an increased demand for te... Read More »
September 2024The global position sensors market size was valued at USD 6.50 billion in 2023 and is projected to grow at a CAGR of 7.1% from 2024 to 2030. The rapid advancement and proliferation of automation and robotics across various industries drives market growth. As manufacturing processes becom... Read More »
September 2024The global power management ic market size was estimated at USD 40,293.8 million in 2024 and is projected to reach USD 59,631.0 million by 2030, growing at a CAGR of 6.8% from 2025 to 2030... Read More »
September 2024The global microelectromechanical systems market size was estimated at USD 18.0 million in 2023 and is projected to reach USD 35.1 million by 2030, growing at a CAGR of 11.1% from 2024 to 2030. The increasing need for advanced consumer electronics worldwide is driving th... Read More »
August 2024The global lighting control system market size was estimated at USD 32,929.5 million in 2023 and is projected to reach USD 76,690.8 million by 2030, growing at a CAGR of 11.8% from 2024 to 2030. The market is experiencing significant growth, driven by various technologic... Read More »
August 2024The global parking sensor market size was valued at USD 10.26 billion in 2023 and is projected to grow at a CAGR of 15.4% from 2024 to 2030. Increasing traffic and inadequate parking spaces in urban areas have prompted a focus on smart parking systems. The market is experiencing robust g... Read More »
August 2024The global flow sensors market size was valued at USD 8.85 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2030. The demand for flow sensors is on the rise in sectors such as oil & gas, water management, and chemical processing, driven by efficient resource al... Read More »
August 2024The global IoT chip market size was estimated at USD 454.82 billion in 2023 and is expected to grow at a CAGR of 9.3% from 2024 to 2030. The market is driven by the increasing demand for connected devices, rapid urbanization, and the need for efficient and cost-effective solutions. ... Read More »
August 2024The global traffic sensor market size was estimated at USD 23.08 billion in 2023 and is expected to grow at a CAGR of 6.7% from 2024 to 2030. The growth of the market is being significantly influenced by the increasing adoption of smart city initiatives globally. Urbanization and the res... Read More »
August 2024