The U.S. motor vehicle sensor market size was valued at USD 3.88 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2030 owing to the increased demand for Advanced Driver Assistance Systems (ADAS). ADAS technologies are designed to enhan... Read More »
September 2024The global advanced process control market size was valued at USD 2.17 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2030. Advanced process control (APC) includes model-based software to enhance and manage complex industrial proces... Read More »
September 2024The global automotive sensor market size was valued at USD 39.5 billion in 2023 and is projected to grow at a compound annual growth rate (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... Read More »
September 2024The global handheld imagers market size was valued at USD 3.90 billion in 2023 and is projected to grow at a compound annual growth rate (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 ... Read More »
September 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 are increasing worldwide across all age groups. The adoption of smartphones has inc... 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 was estimated at USD 38.22 billion in 2023 and is expected to grow at a CAGR of 6.8% from 2024 to 2030. Power management integrated circuits (PMICs) are essential components in electronic devices that efficiently manage and control the flow of electr... Read More »
September 2024The global microelectromechanical systems market size was valued at USD 18.02 billion in 2023 and is projected to grow at a CAGR of 11.1% from 2024 to 2030. The increasing need for advanced consumer electronics worldwide is driving the expansion of the market. The growing use of the Inte... Read More »
August 2024The global lighting control system market size was estimated at USD 32.93 billion in 2023 and is expected to grow at a CAGR of 11.8% from 2024 to 2030. The market is experiencing significant growth, driven by various technological advancements and increasing demand for energy efficiency.... 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 2024The UV LED market size was estimated at USD 1.36 billion in 2023 and is anticipated to grow at a CAGR of 24.6% from 2024 to 2030. The growth of the market is driven by the rising demand for energy-efficient and environmentally friendly lighting solutions, along with the increasing adopti... Read More »
August 2024The global vehicles intelligence battery sensor market size was estimated at USD 2.96 billion in 2023 and is expected to grow a CAGR of 12.8% from 2024 to 2030. This growth can be attributed to the rapid electrification of the automotive industry. There is a surge in demand for advanced ... Read More »
August 2024