The global motion control market size was valued at USD 16.63 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2030. Factors such as the increasing demand for automation in various industries and the rising adoption of robotics & i... Read More »
January 2024The global optical sensors market size was estimated at USD 25.32 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2030. Factors such as the rising adoption of automation in various industries and growing demand for consumer electroni... Read More »
January 2024The global linear actuator market size was estimated at USD 52.67 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2030. The rise in industrial automation and robotics is the primary factor propelling the market. Linear actuators pla... Read More »
January 2024The Europe computer numerical control machine market size was valued at USD 24.09 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. The growth of the market can be attributed to the increasing demand for computer numerical contr... Read More »
November 2023Vibration Sensor Market Size & TrendsThe global vibration sensor market size was valued at 5.63 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% over the forecast period from 2023 to 2030. The benefits offered by vibration sensors, includin... Read More »
November 2023The global level sensor market size was valued at USD 4.81 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. These sensing technologies are used to measure the level of liquid and fluidized solids, including powders, slurries, a... Read More »
November 2023The global automotive embedded telematics market size was valued at USD 14.79 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 18.6% from 2023 to 2030. The rising integration of wireless communications with automotive, the need for fleet management, and ... Read More »
November 2023The global flame detector market size was estimated at USD 927.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. A flame detector uses sensors to detect and respond to the presence of a flame. These detectors are used to identify... Read More »
September 2023The global shock sensor market size was valued at USD 956.3 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 21.0% from 2023 to 2030. A shock sensor, alternatively called a vibration or impact sensor, is a specialized device designed to gauge and identif... Read More »
September 2023The UAE fire protection system market size was valued at USD 1.65 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The UAE has been renowned for its rapid urbanization and development in recent years. The construction of high-r... Read More »
September 2023The global switchgear market size was valued at USD 98.12 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. A major factor expected to drive the global market for switchgear is the increasing emphasis on developing smart grid in... Read More »
September 2023The global fire sprinkler systems market size was estimated at USD 8.11 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. The market has witnessed substantial growth owing to the rapid expansion of the construction industry glob... Read More »
September 2023The global photoelectric sensors market size was estimated to be USD 1.24 billion in 2016. These sensors are used in manufacturing, packaging, and material handling industries to perform functions such as detection of transparent bottles,monitoring of product presence, detection of wafer... Read More »
July 2023The global tilt sensor market size to be valued at USD 288.7 million by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% during the forecast period. The market has witnessed steady growth over the years owing to rising demand for these devices from smartphones... Read More »
July 2023The U.S. fire safety equipment market size was valued at USD 15.96 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030. The construction industry is a primary factor driving the market growth, as new buildings are equipped with fire s... Read More »
July 2023The global fire protection system market size was valued at USD 77.88 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Introduction of strict fire prevention and control requirements by governments throughout the world, the need f... Read More »
June 2023The global fire alarm and detections market size was valued at USD 32.03 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. Factors such as growing installation of fire safety systems in educational facilities and growing awareness ... Read More »
June 2023A significant number of countries are increasing their expenditures to fortify their defense systems. Military torpedoes, a vital component of undersea military operations, are expected to drive the market growth. International marine trade has increased significantly, which propels torp...Read More »
The North America fire protection systems market size was valued at USD 27.87 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.6% from 2023 to 2030. In the past few years, the significance of fire safety in the North America region has escalated due... Read More »
May 2023Reed sensors are electronic devices that are used to detect the presence or absence of a magnetic field. They consist of two ferromagnetic reed contacts, which are sealed in a glass tube filled with an inert gas. When a magnetic field is applied to the sensor, the reeds come into contact...Read More »