Increase in adoption in businesses to track inventory and equipment, robust security, and ability to read from greater distance even in harsh environment fuel the growth of the global RFID reader market
Rise in demand for smart consumer electronics, evolving trends in automotive industry, and rise in popularity in IoT have boosted the growth of the global MEMS sensor market. Based on type, the optical sensor segment held the largest share in 2018. Based on application, the consumer electronics segment held the largest share in 2018. Region wise, Asia-Pacific region dominated the market in 2018.
Growing trend toward the Internet of Things, robust demand for smart sensors in the automobile sector, and growth in demand for smart sensors in the development of smart cities have boosted the growth of the global smart sensor market. The market across Asia-Pacific held the largest share in 2019, accounting for nearly half of the market and is expected to manifest the highest CAGR of 19.8% during the forecast period.
Temperature Sensor Market Outlook - 2027
Acoustic sensors are a group of transducer, which detects changes in sound intensity due to disturbance in its transmission to convert it into proportional digitized form. These are primarily used in microphones but is also used in the healthcare sectors to monitor & record patients health.
Gas sensors are small devices, which can detect gas leakage and trigger an alarm to alert the control room. Several industrial and residential spaces are fitted with gas sensor devices to detect gas leaks and alert people in the vicinity about the lurking danger.
Increase in adoption of industrial automation, technological advancements in level sensors, and rise in usage in energy and power sectors drive the growth of the global level sensor market.
According to Algoro Research, the Global Chemical Sensors Market is estimated to reach xxx million USD in 2019 and projected to grow at the CAGR of xx% during the 2020-2025. The report analyses the global Chemical Sensors market, the market size and growth, as well as the major market participants.
The study report on the Motorcycle Sensors Market has assessed the historical and current performance of this market, especially highlighting the key trends and growth opportunities. It also gives the SWOT analysis and global revenue and sales 2018-2023.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Sensor Hub market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
The Global Radar Sensor Market report provides information by Top Players, Geography, End users, Applications, Competitor analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends and Forecast.
The study report on the Occupancy Sensors Market has assessed the historical and current performance of this market, especially highlighting the key trends and growth opportunities. It also gives the SWOT analysis and global revenue and sales 2018-2023
The global Sensor Fusion market is valued at 2240 million US$ in 2018 is expected to reach 9190 million US$ by the end of 2025, growing at a CAGR of 19.3% during 2019-2025.
The Global Motion Sensors Market report provides information by Top Players, Geography, End users, Applications, Competitor analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends and Forecast.
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