The 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 2024The global contraband detector market size was estimated at USD 4.48 billion in 2023 and is projected to grow at a CAGR of 7.8% from 2024 to 2030. The market is experiencing significant growth due to increasing global security concerns. With rising incidences of terrorism, smuggling, and... Read More »
August 2024The global consumer electronics sensors market size was valued at USD 6.80 billion in 2023 and is projected to grow at a CAGR of 10.1% from 2024 to 2030. This growth is primarily driven by increased investments in research and development, resulting in the continuous introduction of inno... Read More »
August 2024The global leak detection and repair market size was estimated at USD 20.47 billion in 2023 and is expected to grow at a CAGR of 4.6% from 2024 to 2030. The growing demand for leak detection and repair (LDAR) systems among utility companies worldwide, owing to their benefits, such as cos... Read More »
July 2024The global tension control market size was estimated at USD 1.01 billion in 2023 and is expected to expand at a CAGR of 6.3% from 2024 to 2030. This growth can be attributed to the increasing demand for precision and efficiency across various industrial sectors.... Read More »
July 2024The global current sensor market size was valued at USD 2.18 billion in 2023 and is expected to grow at a CAGR of 10.1% from 2024 to 2030. The rise of electric vehicles (EVs) is a significant driver of the market. As the automotive industry shifts toward electrification, the demand for p... Read More »
July 2024The global human centric lighting market size was estimated at USD 3.45 billion in 2023 and is anticipated to grow at a CAGR of 29.4% from 2024 to 2030. Rising urbanization and infrastructure development are key factors driving the market growth. As cities expand and modernize, there's a... Read More »
July 2024The global aircraft sensors market size was valued at USD 3.48 billion in 2023 and is anticipated to grow at a CAGR of 6.9% from 2024 to 2030. Technological advancements, such as smart sensors and miniaturization, are pivotal in the market, enhancing real-time data provision and predicti... Read More »
July 2024The global soil moisture sensor market size was estimated at USD 371.0 million in 2023 and is expected to register a CAGR of 14.7% from 2024 to 2030. The increasing adoption of these sensors by the agricultural sector to enhance the farm’s productivity and reduce water consumption ... Read More »
July 2024The Asia Pacific pet wearable market size was estimated at USD 549.3 million in 2023 and is anticipated to advance at a CAGR of 17.1% from 2024 to 2030. The increasing pet population in the region, along with a strong focus on integrating technologically advanced products into the lifest... Read More »
June 2024The global micro LED market size was valued at USD 623.6 million in 2023 and is expected to grow at a CAGR of 77.4% from 2024 to 2030. The increased consumption of on-demand content, ranging from streaming services to high-definition video content, needs screens that can display complex ... Read More »
June 2024The global pet wearable market size was estimated at USD 2.70 billion in 2023 and is expected to grow at a CAGR of 14.3% from 2024 to 2030. The market growth is supported by awareness among owners regarding the well-being of their pets. Further, the pet wearable industry has attracted co... Read More »
June 2024The Europe Micro LED market size was valued estimated at USD 60.91 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 78.9% from 2024 to 2030. The rising demand for high-resolution displays drives the Europe micro LED market. Micro light-emitting diodes (... Read More »
June 2024