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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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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: April 2023   

Current Sensor Market265 Pages

Current Sensor Market size exceeded USD 2 billion in 2022 and will observe more than 10% CAGR from 2023-2032. ...

Published: April 2023   

Gas Sensor Market148 Pages

Gas Sensor Market size was worth more than USD 2 billion in 2022 and is expected to record over 8% CAGR from 2023-2032. Rising demand for autonomous vehicles is anticipated to have a positive impact on the gas sensors industry outlook. ...

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: February 2023   

Artificial Intelligence (AI) Chipsets Market230 Pages

AI Chipset Market size was valued at more than USD 15 billion in 2022 and is projected to record over 35% CAGR through 2023 and 2032....

Published: January 2023   

Temperature Sensor Market340 Pages

Temperature Sensor Market size crossed USD 8 billion in 2022 and is anticipated to exhibit over 4% CAGR from 2023-2032....

Published: December 2022   

Magnetic Sensor Market490 Pages

Magnetic Sensor Market size surpassed USD 4 billion in 2022 and is predicted to record 5% CAGR from 2023 to 2032....

Published: September 2022   

Photoelectric Sensor Market390 Pages

Photoelectric Sensor Market size surpassed USD 1.5 billion in 2021 and is estimated to expand at about 5% CAGR from 2022 to 2030....

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: January 2022   

Robot Sensor Market520 Pages

Robot Sensor Market size exceeded USD 2 billion in 2021 and is estimated to grow at over 11.5% CAGR from 2022 to 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: December 2020   

Optical Sensor Market360 Pages

Optical Sensor Market size surpassed USD 19 billion in 2019 and is expected to grow at a CAGR of over 10% between 2020 and 2026. ...

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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