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Sensors & Controls

Sensors are electronic components used to detect & respond to environmental changes through light, heat, motion, pressure, vibration, humidity, and other phenomena. Control systems are designed to manage, direct, and regulate the functions of electronic devices. These systems are integrated with numerous electronic devices used in airplanes, automobiles, manufacturing equipment, industrial robots, medical devices, smart home appliances, etc. The increasing demand for highly efficient, low-cost, and compact sensors has prompted developers & manufacturers to create a concise regulatory and commercialization strategic plan. This will further create growth opportunities for sensors and control systems in the coming years.

The proliferation of electronic devices, such as digital cameras, highly advanced smartphones, LiDAR, and radar systems, has increased the integration of Complementary Metal Oxide Semiconductor (CMOS) sensor technology. The growing demand for miniaturization technology and the need to integrate multiple sensors into a single compact electronic device will also drive market growth. The wide use of 5G and IoT technologies in automobiles & consumer electronics is encouraging market participants to invest more in technology research & development activities. Additionally, the growing global adoption of digitalization and automation technologies will further drive market expansion.

Drivers:

  • Favorable government initiatives and investment activities to support the production of smart electronic devices
  • Increasing demand for electric vehicles integrated with multiple sensors, such as current, position, pressure, temperature, and others, will further support the market growth
  • Growing adoption of robotics and automation technologies in manufacturing facilities to reduce production time
  • The proliferation of smartphones and adoption of 5G connectivity technology
  • Rising awareness of worker & employee safety in harsh working conditions will support the adoption of sensor-based electronic devices in the future

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  •     Sensors & Controls

Published: August 2024   

Photoelectric Sensor Market230 Pages

Photoelectric Sensor Market was valued at USD 1.88 billion in 2023 and is anticipated to register a CAGR of over 8.5% between 2024 and 2032. ...

Published: August 2024   

Current Sensor Market230 Pages

Current Sensor Market was valued at USD 3.04 billion in 2023 and is anticipated to grow at a CAGR of over 9.8% between 2024 and 2032. ...

Published: August 2024   

Robot Sensor Market220 Pages

Robot Sensor Market was valued at USD 2.3 billion in 2023 and is anticipated to grow at a CAGR of over 5% between 2024 and 2032. ...

Published: August 2024   

Artificial Intelligence (AI) Chipsets Market250 Pages

Artificial Intelligence (AI) Chipsets Market size was valued at USD 35.05 Billion in 2023 and is anticipated to register a CAGR of over 34% between 2024 and 2032....

Published: August 2024   

Optical Sensors Market220 Pages

Optical Sensors Market was valued at USD 23.56 billion in 2023 and is anticipated to grow at a CAGR of over 10% between 2024 and 2032. ...

Published: July 2024   

Magnetic Sensor Market220 Pages

Magnetic Sensor Market was valued at USD 4.87 billion in 2023 and is anticipated to register a CAGR of over 8.4% over the forecast period of 2024-2032 due to rising demand in automotive sector....

Published: July 2024   

Gas Sensor Market210 Pages

Gas Sensor Market was valued at USD 2.53 billion in 2023 with a volume of over 13 million units and is anticipated to grow at a CAGR of over 8% between 2024 and 2032....

Published: July 2024   

Temperature Sensor Market210 Pages

Temperature Sensor Market was valued at USD 8.2 billion in 2023 and is expected to grow at a CAGR of over 4% between 2024 and 2032. ...

Published: October 2023   

Smart Sensor Market200 Pages

Smart Sensor Market size was valued at over USD 45.4 billion in 2022 and is anticipated to grow at a CAGR of over 15.7% between 2023 and 2032. ...

Published: July 2023   

Radar Sensor Market150 Pages

Radar Sensor Market size was worth more than USD 13 billion in 2022 and is expected record over 15% CAGR through 2032...

Published: July 2023   

Cargo Scanning Equipment Market121 Pages

Cargo Scanning Equipment Market size was valued at USD 3.5 billion in 2022 and is anticipated to grow at a CAGR of over 6.5% between 2023 and 2032. ...

Published: July 2023   

Security Scanning Equipment Market121 Pages

Security Scanning Equipment Market size was valued at over USD 11.4 billion in 2022 with a volume of over 1,000 thousand units dispatched and is anticipated to grow at a CAGR of over 7% between 2023 and 2032. ...

Published: February 2023   

Industrial Sensors Market280 Pages

Industrial Sensors Market size surpassed USD 17 billion in 2020 and is estimated to grow at over 10% CAGR from 2021 to 2027. ...

Published: February 2023   

Ultrasonic Sensors Market300 Pages

Ultrasonic Sensors Market size was worth more than USD 4.5 billion in 2022 and is anticipated to exhibit over 10% CAGR from 2023-2032. ...

Published: January 2022   

Vibration Sensor Market250 Pages

Vibration Sensor Market size exceeded USD 3 billion in 2021 and is anticipated to grow at over 7% CAGR between 2022 and 2028. ...

Published: December 2021   

Reed Sensor Market250 Pages

Reed Sensor Market size exceeded USD 1 billion in 2020 and is anticipated to grow at over 7% CAGR from 2021 to 2027....

Published: November 2021   

Humidity Sensor Market250 Pages

Humidity Sensor Market size exceeded USD 500 million in 2020 and is projected to grow at over 6% CAGR between 2021 and 2027....

Published: March 2021   

Speed Sensor Market190 Pages

Speed Sensor Market size was valued at over USD 8.5 billion in 2020 and is estimated to grow at a CAGR of more than 4.5% from 2021 to 2027. ...

Published: November 2018   

Smart HVAC Controls Market300 Pages

Smart HVAC Controls Market size was over USD 7 billion in 2017, growing at a CAGR of 19% from 2018 - 2024. The global shipments are expected to surpass 250 million units by 2024....

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