The 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 »
The global volatile organic compound (VOC) gas sensor market size was valued at USD 154.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030. Increasing adoption of volatile organic compound gas sensors to sense and measure the prese... Read More »
May 2023An automatic weapon is a type of firearm that mechanically loads every round once the first round has been fired. It can be classified into two categories, namely semi-automatic and fully automatic. Semi-automatic weapons fire one shot on the pull of a single trigger....Read More »
An Inertial Navigation System (INS) is used to determine a moving object's position, orientation, and speed without GPS technology. The system incorporates accelerometers, gyroscopes motion, and rotation sensors to collect data transmitted to a computer unit. The computer then interprets...Read More »
Sensor fusion involves the integration of sensory data or data obtained from sensory sources to produce information that is more valuable than what could be achieved by using these sources separately. Sensor fusion overcomes various problems that emanate from relying on a single sensor as a source of information suc...Read More »
The 2D barcode reader market size was valued at USD 7.32 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The market growth can be attributed to the rising e-commerce industry worldwide in line with the evolving developments in... Read More »
April 2023The global agriculture sensor market size was valued at USD 1.34 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028. Agriculture sensors are called active sensors because they emit their light source onto the plant canopy and at t... Read More »
December 2021The global flow meter market size was valued at USD 10.02 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2030. The market shipment size was valued at 53,78,749 units in 2020. The increasing demand for flow rate measurement in O&G... Read More »
October 2021The global oxygen flow meters market size was valued at USD 1.0 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2021 to 2028. The escalating demand for oxygen flow rate measurement in healthcare applications across the globe is expected to p... Read More »
August 2021The global ultrasonic sensors market size was valued at USD 3.89 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2027. An ultrasonic sensor measures the distance of a target object using ultrasonic sound waves, wherein a transducer i... Read More »
January 2021The global electric vehicle charging cables market size was valued at USD 208.0 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 25.4% from 2020 to 2027. Growing adoption of electric vehicles (EV), rising demand for electric vehicle fast-charging cables,... Read More »
May 2020The global motion sensor market size was valued at USD 5.2 billion in 2018, registering a CAGR of 7.8% from 2019 to 2025. The onset of the development of smart homes and rise in the number of household applications such as automated lighting control and home control is anticipated to pro... Read More »
November 2019The global burner management system market size was valued at USD 5.05 billion in 2018 and is anticipated to register a CAGR of 6.1% from 2019 to 2025. BMS is a safety system used for ensuring that process burners safely start-up, operate, and shut down. Burner management systems ar... Read More »
September 2019The global magnetic sensor market size was valued at USD 2.0 billion in 2018, while demand was estimated at 3,398.3 million units that year. The market is projected to register a revenue-based CAGR of 6.8% from 2019 to 2025. Increased integration of magnetic sensors in various industry v... Read More »
June 2019The global isolation and safety valve market is expected to grow at a significant pace over the forecast period. One of the important factors contributing to market growth is the tremendous rise in the oil & gas sector especially in Asia Pacific countries such as India and China. Als...Read More »
The global embedded systems in automobile market demand is expected to witness considerable growth over the forecast period. Embedded systems consist of hardware and software which jointly facilitate the precise functioning of a device. The primary characteristics of these systems are ad...Read More »