The global Non-Optical Sensors and Actuators market for communication industry is projected to grow at a CAGR of 5.61% to reach US$10.074 billion by 2024, from US$7.261 billion in 2018. The demand for Non-Optical Sensors and Actuators for the communications industry will be primarily driven by the rising integration of Non-Optical Sensors and Actuators in smartphones and similar devices in order to enhance their capabilities and performance. Simultaneously, the integration of heat and humidity Read more...
The global Non-Optical Sensors and Actuators Market is projected to grow at a CAGR of 6.20% to reach US$25.230 billion by 2024, from US$17.588 billion in 2018. Sensors and Actuators are semiconductor components designed to assess and deliver changes in the physical environment. Sensors are components which are sued to measure and quantify the physical factors such as heat, humidity, pressure, and more, and convert the readings into electrical signals. Actuators are used to convert electrical Read more...
The global non-optical sensors market is projected to grow at a CAGR of 7.02% to reach US$17.671 billion by 2024, from US$11.764 billion in 2018. Sensors are components which are used to measure and quantify the physical factors such as heat, humidity, pressure, and more, and convert the readings into electrical signals. The demand for these devices will increasing during the forecast period owing to the increasing penetration of electronics around the world. Furthermore, the rising home and Read more...
The medical image sensor market is expected to develop at a CAGR rate of 8.33% during the forecast period to reach a market size of US$221.766 million in 2024 from US$137.215 million in 2018. The increasing number of chronical diseases like a cardio-vascular problem, lungs disease, kidney disease, and liver problems will be the leading driver of the medical image sensors market. Furthermore, the increasing prevalence of chronic diseases which require detailed medical imaging is further project Read more...
The global microcomponent semiconductor market for manufacturing industry is projected to grow at a CAGR of 3.24% during the forecast period to reach US$6.904 billion in 2024 from US$5.704 billion in 2018. The increasing focus by the manufacturers to improve the overall productivity and efficiency is significantly driving the investment in factory automation, which is turn, is boosting the growth of microcomponent market in the manufacturing industry. Simultaneously, the growing production wit Read more...
The special purpose logic market is projected to grow at a CAGR of 3.25% to reach US$93.628 billion by 2024, from US$77.283 billion in 2018. The manufacturers are increasingly focusing on manufacturing devices that optimize power consumption, while, simultaneously delivering the desired performance with a compact design. Thus, the growing focus on integration of devices is anticipated to drive the special purpose logic market during the forecast period. This research study Read more...
The mirrorless cameras market was estimated to be valued at US$1.913 billion in 2018. Mirrorless cameras refer to a camera that uses a single removable lens and employs a digital display system instead of an optical viewfinder. Mirrorless cameras utilize an image sensor to display an image acting as an electronic viewfinder. These cameras are relat Read more...
The North America microcomponent semiconductor market is projected to grow at a CAGR of 1.10% between 2018 and 2024. The focus by the government of the United States to expand domestic manufacturing is anticipated to drive the revenue generation opportunity for the microcomponent manufacturers to generate higher revenues from the region. Simultaneously, the improvement in the business environment is resulting in many end-user producers to shift their production base in Mexico, which is furthe Read more...
The Asia Pacific Optoelectronics market is projected to grow at a CAGR of XX.XX% to reach US$XX.XX billion by 2024, from US$22.723 billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for optoelectronics will increase in the region owing to an increase in the demand for smartphones and consumer electronics. Furthermore, promotive government policies, along with cheaper availability of labor and res Read more...
The Europe Optoelectronics market is projected to grow at a CAGR of 5.77% to reach US$XX.XX billion by 2024, from US$XX.XX billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for optoelectronics will increase in the region owing to an increase in the demand for smartphones and consumer electronics. Furthermore, the increasing automotive production will further fuel the demand for optoelectronics i Read more...
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