Electronic instrumentation and smart sensor systems are emerging as the highest growth segments of the maturing semiconductor market. Smart sensors are used with instrumentation devices with applications in the electronics, communication, and industr ....see more
The Tank Level Monitoring System Market is expected to grow from USD 757 million in 2020 to USD 1,057 million by 2025, at a CAGR of 6.9% during the forecast period. TE Connectivity (Switzerland), Emerson Electricl (US), Graco Inc (US), Piusi (Italy), Tank Scan (US), Gauging Systems (US), Varec Inc (US), Digi International (US), Dunraven Systems (Ireleand), Schneider Electric (France), Pneumercator (US), The Southern Company (US), Skybitz (US), AIUT (US), AXSensor (Sweden), HMS Networks (Switzerland), Kingspan (Ireland), Schmitt Industries Inc (Germany), Oriel Systems (UK) and Powelectrics (UK) are a few major companies dominating the Tank level monitoring system market.
The photoelectric sensor market size is projected to reach USD 2.1 billion by 2025, at a CAGR of 7.8% during the forecasting period. Omron Corporation (Japan), Keyence Corporation (Japan), SICK AG (Germany), Schneider Electric (France), Rockwell Automation Inc. (US), ifm electronic GmbH (Germany), Pepperl+Fuchs (Germany), Balluff Inc. (Germany), Banner Engineering (US), and Panasonic Corporation (Japan) are some of the key players in the photoelectric sensor market.
The vibration sensors market is expected to reach USD 3.0 billion by 2025, at a CAGR of 8.2% during the forecasting period. Company (US), TE Connectivity (Switzerland), SKF (Sweden), Honeywell International Inc. (US), Emerson Electric Co. (US), Robert Bosch (Germany), NXP Semiconductors (Switzerland) Omron Corp. (Japan), Rockwell Automation Inc. (US), National Instruments (US), Robert Bosch (Germany), Dytran Instruments, Inc. (US), KEYENCE Corp. (Japan), Fluke Corp. (US), Wilcoxon Sensing Technologies (US), PCB Piezotronics (US), and SPM instrument (Sweden), are among the major players in the vibration sensors market.
The position sensors market is expected to reach USD 7.3 billion by 2025; at a CAGR of 9.2% during the forecasting period. Key players in the market include SICK AG (Germany), Honeywell (US), ams AG (Austria), MTS Systems (US), TE Connectivity (Switzerland), Vishay (US), STMicroelectronics (Switzerland), Allegro MicroSystems (US), Bourns (US), and Infineon Technologies (Germany). These players are increasingly undertaking product launches, mergers, and acquisitions to increase their market shares.
The Magnetic Sensor Market is expected to grow from USD 4.3 billion in 2020 to USD 6.2 billion by 2025, at a CAGR of 7.7% during the forecast period. Asahi Kasei Corporation (Japan), Allegro MicroSystems, LLC (US), Infineon Technologies AG (Germany), TDK Corporation (Japan), Melexis (Belgium), Honeywell International Inc. (US), TE Connectivity (Switzerland), ams AG (Austria) are some of the key players in the magnetic sensor market.
The crop monitoring market is expected to reach USD 4.4 billion by 2025, at a CAGR of 15.2% during the forecasting period. The report profiles key players such as Topcon Corporation (Japan), Trimble (US), The Climate Corporation (US), Yara International (Norway), CropX Technologies (Israel), Cropio (Switzerland), Earth Observing Systems (US), PrecisionHawk (US), Ag Leader (US) and Taranis (Israel).
The COVID-19 Impact on Fingerprint Sensor Market is expected to grow from USD 3.0 billion in 2020 to USD 6.0 billion by 2025, at a CAGR of 15.2% during the forecast period. Major players in the fingerprint sensor market include Goodix (China), Fingerprint Cards (Sweden), Synaptics (US), Apple (US), IDEX Biometrics (Norway), NEXT Biometrics (Norway), Novatek Microelectronics (Taiwan), Qualcomm (US), ELAN Microelectronics (Taiwan), Japan Display (Japan), Egis Technology (Taiwan), CrucialTec (South Korea), and Q Technology (China).
According to MarketsandMarkets, the global distributed acoustic sensing (DAS) market is expected to reach USD 792 million by 2025; growing at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecasting period. Major companies in the distributed acoustic sensing (DAS) market are Schlumberger (US), Halliburton (US), Baker Hughes (US), OptaSense (UK), Future Fibre Technologies (Australia), Fotech Solutions (UK), Bandweaver (China), Hifi Engineering (Canada), Omnisens (Switzerland), and Silixa (UK). Apart from these, ofs (US) and Fibre Completion Services (Canada) are among a few emerging companies in the DAS market.
The Sensor Patch Market is expected to grow from USD 1.2 billion in 2020 to USD 6.4 billion by 2025, at a CAGR of 40.5% during the forecast period. Key players in the sensor patch market are Abbott Laboratories (US), iRhythm Technologies, Inc. (US), DexCom, Inc. (US), Medtronic PLC (Ireland), Texas Instruments Inc. (US), Proteus Digital Health, Inc. (US), Gentag, Inc. (US), Kenzen, Inc. (US), VitalConnect, Inc. (US), and Preventice Solutions, Inc. (US).
The smart greenhouse market is expected to reach USD 2.1 billion by 2025, at a CAGR of 9.2% during the forecasting period. Nexus Corporation (Nexus, US), Argus Control Systems Limited (Argus Controls, Canada), Certhon (Certhon, Netherlands), Rough Brothers, Inc. (Rough Brothers, US), GreenTech Agro LLC (GreenTech Agro, US), Netafim (Netafim, Israel), Sensaphone (Sensaphone, US), Cultivar Ltd. (Cultivar, UK), Heliospectra AB (Heliospectra, Sweden), and LumiGrow (LumiGrow, US) are a few major players in the smart greenhouse market.
The overall distributed temperature sensing market is expected to reach USD 958 million by 2025, growing at a CAGR of 5.5% during the forecasting period. Key players in the distributed temperature sensing market are Schlumberger Limited (US), Halliburton Company (US), Yokogawa Electric Corporation (Japan), Weatherford International PLC (Switzerland), Sumitomo Electric Industries (Japan), OFS Fitel (US), AP Sensing GmbH (Germany), Bandweaver Technologies (China), NKT Photonics (Germany), and GESO GmbH & Co. (Germany).
The Refrigeration Monitoring Market is expected to grow from USD 7.4 billion in 2020 to USD 11.1 billion by 2025, at a CAGR of 8.3% during the forecast period. Emerson (US), Danfoss (Denmark), Monnit (US), TE Connectivity (Switzerland), Zebra Technologies (Zebra) (US), Texas Instruments (US), ORBCOMM (US), Controlant (Iceland), Samsara (US), and Smart Sense (Digi International) (US) are the key players in the refrigeration monitoring market. These players are undertaking strategies such as product launches, expansions, agreements, partnerships, collaborations, and acquisitions to increase their market share.
The Time-of-Flight (ToF) Sensor Market is expected to grow from USD 2.8 billion in 2020 to USD 6.9 billion by 2025, at a CAGR of 20.0% during the forecast period. Key players in the time-of-flight (ToF) sensor market are Texas Instruments (US), STMicroelectronics NV (Switzerland), Infineon Technologies AG (Germany), Panasonic Corporation (Japan), Teledyne Technologies Incorporated (US), Keyence Corporation (Japan), pmd Technologies AG (Germany), Sharp Corporation (Japan), Sony Corporation (Japan), and Melexis NV (Belgium). These players are increasingly adopting growth strategies such as product launches and developments, partnerships, collaborations, agreements, and acquisitions to develop and introduce new technologies and products in the market.
The Force Sensor Market is expected to grow from USD 1.8 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 5.5% during the forecast period. Market leaders such as METTLER TOLEDO (US), Spectris (UK), (US), Vishay Precision Group (US), Honeywell (US), Block Kistler (Switzerland), and Gefran (Germany) in North America is also contributing significantly to the growth of the force sensor market in the region.
The Smart Clothing Market is expected to grow from USD 1.6 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 26.2% during the forecast period. AiQ Smart Clothing (Taiwan), Athos (US), Carre Technologies (Canada), Sensoria (US), Clothing Plus (Finland), Cityzen Sciences (France), Vulpes Electronics (Japan), DuPont (US), Wearable X (US), Applycon (Czech Republic), Toray Industries (Japan), Myontec (Finland), Myzone (US), Siren (US), and Owlet (US). These players are increasingly undertaking product launches & developments, collaboration, and partnerships to develop and introduce new technologies in the market.
The motion sensor market is estimated to grow from USD 5.7 billion in 2019 to USD 9.3 billion by 2025, at a CAGR of 8.3%. The growth of the motion sensor market is driven by factors such as high demand for consumer electronics, lucrative opportunities in developing countries, and increased defense spending to upgrade related products. Rising adoption of wearable electronics and increasing requirement to commercialize IoT are a few major factors that are expected to provide growth opportunities to players in the motion sensor market. The report profiles the most promising players in the market. The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are STMicroelectronics (Switzerland), Murata Manufacturing (Japan), Honeywell International (Japan), NXP Semiconductors (Japan), Analog Devices (US), Microchip Technology (US), TDK InvenSense (US), Bosch Sensortec (Germany), Memsic (US), Kionix (US), TE Connectivity (Switzerland), IFM Electronic (US), Sensata Technologies (US), Xsens Technologies (Netherlands), Colibrys (Switzerland), Seiko Epson (Japan), KVH Industries (US), InnaLabs (Ireland), Qualtre (US), and Panasonic Electric Works (Germany).
The laser sensor market is expected to grow from USD 535 million in 2019 to USD 863 million by 2024—growing at a CAGR of 10.0% during the forecast period. Major factors driving the market growth include the advent of Industry 4.0 and smart manufacturing, increased government initiatives toward automation, and high demand for laser sensors in the food manufacturing industry. Key players in the laser sensor market include KEYENCE CORPORATION (Japan), Micro-Epsilon (Germany), ifm electronic (Germany), Rockwell Automation, Inc. (US), Panasonic Corporation (US), OMRON Corporation (Japan), SmartRay GmbH (Germany), Schmitt Industries, Inc. (US), Banner Engineering Corp. (US), Baumer Electric AG (Switzerland), and LAP GmbH Laser Applications (Germany), among others.
The market for vision sensor is expected to grow from USD 2.5 billion in 2018 to USD 4.5 billion by 2023—growing at a compound annual growth rate (CAGR) of 12.2%. Factors driving the demand for these sensors include the growth of the electronics and electrical industry, the use of machine vision technology in the automotive industry, and the focus of manufacturing companies on cost and time savings.Cognex (US), Teledyne (US), Keyence (Japan), Sick AG (Germany), Baumer (Switzerland), Omron (Japan), Datalogic (Italy), Ifm Electronics (Germany), Balluff (Germany), and Basler (Germany).
The precision harvesting market was worth USD 10.4 billion in 2018 and is projected to reach USD 17.5 billion by 2023, at a CAGR of 10.94% during 2018–2023. The major drivers for the precision harvesting market are increasing farm mechanization in developing countries in Asia Pacific and Africa, increasing adoption of harvesting robots and autonomous combine harvesters, and increasing labor cost owing to shortage of skilled labor. The report profiles key players, including Deere & Company (US), Trimble (US), AGCO Corporation (US), AgJunction (US), Raven Industries (US), AG Leader (US), Precision Planting (US), FFRobotics (Israel), Abundant Robotics, (US), Harvest Automation (US), Harvest Croo Robotics (US), and Vision Robotics Corporation (US).
The volatile organic compound (VOC) sensors and monitors market is expected to grow from USD 140 million in 2018 to USD 176 million by 2023, at a CAGR of 4.6% during the forecast period. Increasing enforcement of occupational health and safety regulations by governments is one of the prime factors driving the VOC sensors and monitors market. Apart from this, growing awareness regarding controlled air quality, and rising demand for VOC sensors and monitors from developing countries are other major factors fueling the growth of the said market.Key players in the VOC sensors and monitors market include FIGARO (Japan), ams AG (Austria), Alphasense (UK), Drägerwerk (Germany), Honeywell (US), Aeroqual (New Zealand), Siemens (Germany), Extech (US), Global Detection Systems (US), and USHIO (Japan). Honeywell (US) is a well-known player in the VOC sensors and monitors market.
The overall reed sensor market is expected to grow from USD 1.61 billion in 2018 to USD 2.30 billion by 2023, at a CAGR of 7.40% during the forecast period. The use of reed sensors in the automotive industry; applications of reed sensor in home appliances, HVAC, and smart meters; and benefit of low operating power and capable of working in harsh environments are the key factors driving the growth of this market. The key players in the market include Littelfuse (US), HSI Sensing (US), RMCIP (Russia), Standex-Meder Electronics (US), PIC GmbH (Germany), Coto Technology (US), Pickering Electronics (UK), Aleph America (US), STG Germany GmbH (Germany), and Zhejiang Xurui Electronic (China). These players are increasingly undertaking mergers and acquisitions, and product launches to develop and introduce new technologies and products in the market.
The depth sensing market is expected to grow from USD 4.40 Billion in 2018 to USD 7.72 Billion by 2023, at a CAGR of 11.89% between 2018 and 2023. The major factors driving the growth of this market include the growing smartphone market, increasing adoption of dual cameras in smartphones, rising use of depth sensing technology in AR-VR gaming applications, and increasing requirement of security and surveillance systems. The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture where a large number of players have become a force to reckon with. Texas Instruments (US), Infineon Technologies (Germany), Qualcomm (US), Occipital (US), Stereolabs (US), Creative (Singapore), pmdtechnologies (Germany), Sony Depthsensing Solutions (Belgium), BECOM BLUETECHNIX (Austria), Intel (US), Melexis (Belgium), Tower semiconductor (Israel), Vrmagic (Germany), Aquifi (US), Nerian Vision Technologies (Germany), Espros (Switzerland), Sunny Optical Technology (China), PrimeSense (Israel), ASUSTeK Computer (Taiwan), and LIPS Corporation (Taiwan) are the key players in this market.
The equipment monitoring market was valued at USD 3.02 Billion in 2017 and is expected to reach USD 4.47 Billion by 2023, at a CAGR of 6.7% during the forecast period. The growth of the equipment monitoring market is driven by the advancement of wireless technology in equipment monitoring system, reduced cost of IoT component leading to cost-effective equipment monitoring, and adoption of equipment monitoring systems. Major players operating in the equipment monitoring market include Emerson Electric (US), General Electric (US), Honeywell (US), National Instruments (US), SKF (Sweden), Parker-Hannifin (US), Rockwell Automation (US), Siemens (Germany), Yokogawa (Japan), and PRUFTECHNIK (Germany).
The tunnel monitoring system market is expected to grow from USD 292.7 Million in 2017 to USD 663.8 Million by 2023, at a CAGR of 14.27% during the forecast period. This report provides the size and studies the future growth potential of the tunnel monitoring system market. The market, in this report, has been segmented on the basis of offering, tunnel type, networking technology, and region. The study identifies and analyzes dynamics such as drivers, restraints, opportunities, and industry-specific challenges pertaining to the tunnel monitoring system market. This report also profiles the key players operating in the tunnel monitoring system market. The base year considered for the study is 2017, and the market size forecast is provided for the period between 2018 and 2023. The major players in the tunnel monitoring system market include Nova Metrix (US), SISGEO (Italy), James Fisher (UK), GEOKON (US), COWI (Denmark), Ramboll (Denmark), and Fugro (Netherlands).
The density meter market is estimated to be worth USD 855.0 Million in 2018 and is expected to reach USD 1,041.2 Million by 2023, at a CAGR of 4.02% between 2018 and 2023. The growth of this market is propelled by oil & gas downstream segment and stringent regulations with regard to food quality and food safety. Emerson (US), Thermo Fisher (US), Endress+Hauser (Switzerland), Yokogawa (Japan), Mettler Toledo (Switzerland), Toshiba (Japan), AMETEK (US), Valmet (Finland), Anton Paar (Austria), Vega Grieshaber (Germany), Berthold Technologies (Germany), Schmidt + Haensch (Germany), ProMtec Theisen (Germany), A.KRUSS Optronic (Germany), Avenisense (France), Rudolph Research Analytical (US), Bopp & Reuther (Germany), Rototherm Group (UK), Integrated Sensing System (US), Sensotech (Germany), Kyoto Electronics (Japan), Lemis Baltic (Latvia), Horiba (Japan), Meidensha Corporation (Japan), Dandong Dongfang Measurement & Control Technology (China), and Ronan Engineering (US) are some major companies in this market.
The Hall-Effect current sensor market was valued at USD 831.0 Million in 2016 and is expected to grow at a CAGR of 8.4% between 2017 and 2023. The major players operating in the Hall-Effect current sensor market are ABB Ltd (Switzerland), Honeywell International, Inc. (US), STMicroelectronics N.V. (Switzerland), Allegro MicroSystems LLC (USA), Asahi Kasei Microdevice Corporation (Japan), Infineon Technologies AG (Germany), Melexis NV (Belgium), LEM Holding SA (Switzerland), TDK Corporation (Japan), and Kohshin Electric Corporation (Japan).
The radar sensor market is expected to grow from USD 5.95 Billion in 2016 to USD 20.64 Billion by 2023, at a CAGR of 19.51% between 2017 and 2023. The growth of the radar sensor market is driven by factors such as increasing focus on safety and security needs in automotive applications, unlocking the wideband 5G and millimeter wave–based RF system capabilities, and the increasing need for border security systems. Major companies involved in the development of radar sensor such as Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive LLP (UK), HELLA KGaA Hueck & Co (Germany), Autoliv Inc. (Sweden), Infineon Technologies AG (Germany), Lockheed Martin Corporation (US), NXP Semiconductors N.V. (The Netherlands), and Smart Microwave Sensors GmbH (Germany).
The overall acoustic wave sensor market is expected to grow from USD 0.4 billion in 2016 to USD 0.9 billion by 2023, at a CAGR of 10.7% during the forecast period. Growing concern toward security and surveillance, increasing demand for surface acoustic waves (SAW) based temperature sensors across various industries due to their various benefits such as accuracy, wide temperature sensing range, fast response rate, low cost, repeatability and microelectromechanical sensor (MEMS) technology are some of the major factors fueling the growth of this market. Key players in the acoustic wave sensor market comprise companies operating at different stages of the market’s value chain. The key market players include Althen GmbH (Germany), NanoTemper Technologies GmbH (Germany), H. Heinz Meßwiderstände GmbH (Germany), Transense Technologies plc (UK), Pro-micron (Germany), Vectron International Inc. (US), Qualtre Inc. (US), Senseor SAS (FRANCE), Sensor Technology Ltd. (US) Organic growth strategies, such as product launches, are the focus of many of the above companies.
The optical sensing market is estimated to grow from USD 1.12 Billion in 2016 to USD 3.46 Billion by 2023, at a CAGR of 15.47% between 2017 and 2023. The key players in this market are ROHM Semiconductor (Japan), ABB (Switzerland), Hamamatsu Photonics K.K. (Japan), ams AG (Austria), and Fairchild Semiconductors (U.S.).
The tilt sensor market was valued at USD 150.8 Million in 2016 and is expected to reach USD 260.3 Million by 2023, at a CAGR of 8.17% during the forecast period. The major players operating in this market include TE Connectivity Ltd. (Switzerland), SICK AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Pepperl+Fuchs Vertrieb GmbH & Co. KG (Germany), Level Developments Ltd. (UK), ifm electronic gmbh (Germany), Balluff GmbH (Germany), Jewell Instruments LLC (US), DIS Sensors bv (Netherlands) and The Fredericks Company (US).
The overall fall detection system market was valued at USD 358.6 million in 2016 and is expected to reach USD 497.3 million by 2022, at a CAGR of 5.58% between 2017 and 2022. This report provides the market size and growth potential of the fall detection system market across different segments such as component, algorithm, system, end user, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. It also profiles the key players operating in the fall detection system market.
The fiber optics gyroscope market is expected to reach USD 1,037.0 Million by 2022, at a CAGR of 3.61% between 2016 and 2022. The fiber optics gyroscope market is majorly driven by the increasing defense expenditure globally. Moreover, the overall fiber optics gyroscope market is driven by factors such as the huge demand for remotely operated vehicles guidance and growing adoption of automation in industries and homes. For this study, the base year considered is 2015 and the market forecast provided is between 2016 and 2022.
The emergency spill response market is expected to be worth USD 33.68 Billion by 2022, at a CAGR of 7.0% between 2016 and 2022. The market is expected to witness significant growth in the coming years owing to stringent environmental regulations across world to reduce the environmental pollution from spills. The government agencies across the world are focused to reduce environmental pollution from the spills, thereby driving the emergency spill response market.
The accelerometer and gyroscope market is expected to be worth USD 3.50 Billion by 2022. The high-end accelerometer and gyroscope market is expected to grow at a CAGR of 3.8% between 2016 and 2022, to reach USD 2.07 Billion by 2022 from USD 1.59 Billion in 2015. The high-end accelerometer and gyroscope market is majorly driven by the increasing defense expenditure globally, whereas the overall market is driven by factors such as the huge demand from the consumer electronics industry; stringent government regulations for the automotive industry; the emergence of efficient, economic, and compact MEMS technology; growing adoption of automation in industries and homes; and rising demand from emerging economies.
According to the MarketsandMarkets forecast, the e-compass market size, in terms of value, is expected to grow from USD 808.6 Million in 2015 to USD 2187.1 Million by 2022, at a CAGR of 14.57% between 2016 and 2022. The e-compass has applications across a number of verticals. The portable electronic devices deploy e-compass sensors, primarily as a navigational tool. The huge volume of sales of these devices such as smartphones, tablets, and wearables has driven the e-compass market.
The touchscreen controller market was valued at USD 3.68 Billion in 2015 and is expected to reach USD 9.11 Billion by 2022, at a CAGR of 15.2% between 2016 and 2022. The growth of this market is being propelled by the growing deployment of capacitive touchscreen controllers in various in consumer electronics devices such as smartphones, tablets, laptops, wearable devices, and others. Besides, the durability, reliability and better operation of capacitive touchscreen controllers as compared to the resistive touch controllers, is further increasing the demand for the same, and thereby driving the market for the touchscreen controller alongside.
The printed sensors market was valued at USD 6.71 Billion in 2015 and is expected to reach USD 10.46 Billion by 2022, at a CAGR of 7.0% between 2016 and 2022. The growth of this market is propelled by the advantages offered by printed sensors over conventional silicon-based sensors. Unlike the conventional sensor technology, printed sensors are flexible, thin, lightweight, and organic.
The capacitive sensor market is estimated to reach USD 31.79 Billion by 2022, at a CAGR of 5.4% during the forecast period. The capacitive sensor market size, in terms of volume, is estimated to register a shipment of 21.14 Billion units by 2022, at a CAGR of 9.3% during the forecast period. The base year considered for study is 2015, and the forecast period considered is between 2016 and 2022. This report provides a detailed analysis of the market based on type of sensor, industry, and region. It has been estimated that the touch sensor market would hold a large share of the capacitive sensor market during the forecast period.
The scintillators market is undergoing a significant transformation, with the changing landscape of healthcare, nuclear power plants, homeland security and defense, and manufacturing industries. The scintillator market is expected to grow at a CAGR of 5.62% from 2014 to 2020, and reach $479.16 million in 2020.
Liquid Crystal on Silicon, commonly known as LCoS provides the highest Contrast Ratios (non-CRT), highest resolutions, and when compared to any other display technology, it provides the most artifact-free images. LCoS works at the highest refresh rates (120 Hz) delivers the smoothest and most flicker-free picture. LCoS is widening its applications from consumer electronics (majorly projectors) to head-up display (HUD) and head mounted display (HMD)
NEMS, i.e. “Nanoelectromechanical Systems”, are used for the devices integrating mechanical and electrical functionality on the nanoscale. NEMS is the advanced level of miniaturization after MEMS devices. NEMS includes various devices like sensors, actuators, gears, accelerometers, cantilevers, tweezers, and many other nano devices. Different properties of the NEMS-based devices, which makes them unique are low mass, high electrical strength, high mechanical resonance frequencies, potentially large quantum mechanical effects such as zero point motion and a high surface-to-volume ratio useful for surface-based sensing mechanisms.
Central to “ambient intelligence”; insights into the wireless sensors market for precision agriculture and environmental monitoring are detailed in this report. This report refers to environmental and agricultural monitoring as areas deployed with intelligent sensor interface that tracks, informs about, provides granular control of, and monitors the environment and agriculture in situ- real time.
Central to “ambient intelligence”; insights into the wireless sensors market for environmental and agricultural monitoring are detailed in this report. This report refers to environmental and agricultural monitoring as areas deployed with intelligent sensor interface that tracks, informs about, provides granular control of, and monitors the environment and agriculture in situ- real time.
The global photonic sensors market was worth $3.42 billion in 2010 and is expected to reach $8.17 billion by 2016 at a CAGR of 15.95% from 2011 to 2016. The European region holds the maximum share in photonic sensors market as of 2011; but APAC region is expected to contribute the major share in future on account of low manufacturing cost, cheap labor, and technological competence.
The sensor technology is expected to change the way we live and work, and even our interaction with the physical environment. Sensor technology has wide scale applications, and this market report focuses specifically on the use of sensor technology in consumer electronics. The report also analyzes the current and future trends in the market for this technology.