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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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  •    Next Gen Technology
  •    Semiconductor Devices
  •    Sensors & Controls

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: August 2022   

Current Sensor Market265 Pages

Current Sensor Market size exceeded USD 2.5 billion in 2021 and is expected to witness 9% CAGR from 2022 to 2030. ...

Published: February 2022   

Ultrasonic Sensors Market320 Pages

Ultrasonic Sensors Market size exceeded USD 3 billion in 2021 and is anticipated to grow at over 10% CAGR from 2022 to 2028. ...

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: June 2021   

Industrial Sensors Market250 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: 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: February 2021   

Radar Sensor Market300 Pages

The global radar sensor market is expected to rise in the forthcoming years due to its use in several applications such as autonomous driving and smart factories....

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: June 2020   

Gas Sensor Market650 Pages

Gas Sensor Market size valued at USD 1.5 billion in 2019 and is estimated to grow at around 5% CAGR between 2020 and 2026....

Published: April 2020   

Temperature Sensor Market250 Pages

Temperature Sensor Market size exceeded USD 7 billion in 2019 and is estimated to grow at around 4% CAGR between 2020 and 2026....

Published: March 2020   

Artificial Intelligence (AI) Chipsets Market250 Pages

AI Chipsets Market size valued at over USD 8 billion in 2019 and is estimated to grow at around 35% CAGR 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....

Published: April 2017   

Smart Sensor Market640 Pages

Smart Sensor Market size estimated at USD 20 billion in 2015 and is poised to grow at 16% CAGR from 2016 to 2024....

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