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Current and Voltage Sensor Market – Forecast from 2018 to 2023

The current and voltage sensor market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Current sensors are the sensors which pick up the amount of current running through a wire. Whereas, voltage sensors are used for determining and monitoring the voltage supply and then converts it into a signal. The signal is then transferred to an electronic device where for recording and observation purposes. Increasing investment in industry 4.0 an Read more...

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Photoelectric Sensor Market – Forecast from 2018 to 2023

The photoelectric sensor market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Photoelectric sensors are the sensors which use light for varied applications including the presence of items/equipment, the absence of items/equipment or changes in surface conditions. These sensors are used across industry verticals including manufacturing, packaging, consumer electronics, and automotive among others. Favourable government policies promot Read more...

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Reflective Photoelectric Sensor Market - Forecasts from 2018 to 2023

The reflective photoelectric sensor market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Reflective photoelectric sensors are a type of photoelectric sensors which use light to detect objects in a manufacturing facility from a distance. Booming demand for processed food will be a major factor driving the demand for these sensors for food packaging applications. These sensors are used in pharmaceutical packaging as well for varied app Read more...

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Fork Sensor Market - Forecasts from 2018 to 2023

The global fork sensor market is expected tgrow at a CAGR of 9.12% during the forecast period of 2017-2023. Fork sensors are either U or L shaped through-beam object detecting sensors. In these sensors, the transmitter and the receiver are built intthe arms of the device. Major factors driving the demand for fork sensors are its cost- effectiveness and growing popularity in the manufacturing industry for varied applications including parts counting, dimension verification, and small parts detect Read more...

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Motion Sensor Market - Forecasts from 2018 to 2023

The global motion sensor market is expected tgrow at a CAGR of 12.50% through the forecast period of 2017-2023. Motion sensors are one of the primary sensing techniques which are used across industry verticals including consumer electronics, healthcare. Automotive, and manufacturing among many others. Increasing expenditure on research and development for the launch of new models will drive demand for these sensors. In addition, the rapid adoption of motion technology by the gaming industry will Read more...

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Traffic Sensor Market - Forecasts from 2019 to 2024

The global traffic sensor market was valued at US$502.461 million in 2018 and is projected to grow at a CAGR of 6.78% over the forecast period to reach a total market size of US$744.637 million by 2024. Traffic sensors are the backbones of all effective traffic surveillance and monitoring systems which are prerequisites for the proper implementation of intelligent traffic control systems in order to keep track of prevailing conditions across the traffic network. The growth of this market is majo Read more...

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LiDAR Sensor Market - Forecasts from 2018 to 2023

The global LiDAR Sensor market is expected to grow at a CAGR of 35.31% over the forecast period of 2017 - 2023. Increasing spending by governments across the globe into strengthening their defense is one of the major factors driving the growth of this market. Rising incidence of terrorist attacks and geopolitical issues in many regions has been increasing the need for governments to spend in advanced technologies and armaments in order to strengthen their defense. According to a data from the St Read more...

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Global Radar Sensor Market - Forecasts from 2018 to 2023

Global Radar Sensor market was valued at US$XX billion in 2017 and is projected to expand at a CAGR of XX.XX% over the forecast period to reach US$XX billion by 2023. Rising global terrorist attacks and geopolitical issues are increasingly pressurizing governments across the globe to invest heavily in the military and defence sector. According to the Stockholm International Peace Research Institute (SIPRI), total global defence expenditure was US$1.74 trillion in 2017. The U.S. military and defe Read more...

$3,950 Sample Request

Gas Sensors Market - Forecasts from 2018 to 2023

Gas sensor market is expected to grow at a compound annual growth rate of 5.99% over the forecast period to reach US$2,340.188 million by 2023, from estimated value of US$1,651.126 million in 2017. The gas sensor is basically used for safety purposes to detect toxic or combustible gasses such as Carbon Monoxide (CO) both in residential and industrial locations. These sensors detect the concentration of harmful gasses and aid in preventing poisoning in industrial environments. Technology innovati Read more...

$3,900 Sample Request

Global Biomedical Sensor Market - Forecasts from 2018 to 2023

The global biomedical sensor market was valued at US$9.554 billion in 2017 and is projected to expand at a CAGR of 3.75% over the forecast period to reach US$11.912 billion by 2023. Biomedical sensors are tools that detect specific biological, chemical or physical processes and then transmit or report this data. They are often used to monitor the safety of medicines, food, environmental conditions and other substances we may encounter. Biomedical sensors have become ubiquitous in this new-age di Read more...

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