The coronavirus, COVID-19, has brought significant attention to accurate, consistent and widely-available medical testing and diagnosis. Sensors provide the basis of providing the data and direction for many healthcare issues. Valued at USD 12.36 billion in 2019, the global medical sensors market is expected to reach a value of USD 20.72 billion by 2025, growing at a […]
What kind of growth is expected in 3D sensing?
According to the report, “3D Sensor Market by Type” the global 3D sensor market is expected to grow from USD 2.9 billion in 2020 to USD 10.0 billion by 2025, at a compound annual growth rate (CAGR) of 27.9%. The market researchers acknowledge that one of the main driving factors of 3D sensor market is […]
How does 3GPP Release 13 impact sensors?
The 3rd Generation Partnership Project, or 3GPP, provides seven telecommunications standard development organizations a stable environment to produce the reports and specifications that define 3GPP technologies. The organizations include Association of Radio Industries and Businesses (ARIB) (Japan), Alliance for Telecommunications Industry Solutions (ATIS), China Communications Standards Association (CCSA), European Telecommunications Standards Institute (ETSI), Telecommunications Standards […]
What market growth is expected for sensors? Part 3: Drone Sensors
Drones represent a focused application for many different types of sensors. In broad terms, the sensors in these applications can be classified as optical, acoustic, position, touch, environment and other sensors. More specifically, the sensor types include: inertial sensors (accelerometers, gyroscope, magnetometers, tilt), image sensors (infrared, thermal, multispectral, 3D), speed and distance sensors (radar, LiDAR, […]
What market growth is expected for sensors? Part 2: Gas Sensors
While there are several market research reports published each year for sensors, some focus on specific markets like industrial, automotive or consumer and others address a single sensor category. Gas sensors are an interesting example. In “Global Gas Sensor Market Study Report 2019,” QY Research says the global Gas Sensor market is valued at million […]
What market growth is expected for sensors? Part 1: Industrial Sensors
The market report, “Industrial Sensors Market by Sensor (Level Sensor, Image Sensor, Gas Sensor, Pressure Sensor, Position Sensor, Force Sensor, Flow Sensor, Temperature; and Humidity & Moisture Sensors),” specifically addresses this topic. According to the report, the projected value of the industrial sensors market is expected to be USD 16.0 billion in 2018 and is […]
How big is the MEMS pressure sensor market?
According to Yole Développement’s “MEMS Pressure Sensor Comparison 2018 report,” the global microelectromechanical systems (MEMS) pressure sensor market was about $1.6 billion US in 2017. It will grow by 3.8% per year to reach a value of $2B in 2023. While automotive and consumer applications are the largest markets, medical and industrial markets continue to […]
Sensor Sales Grow but Prices Erode
According to IC Insights’ 2016 O-S-D Report—A Market Analysis and Forecast for Optoelectronics, Sensors/Actuators, and Discretes, sharply falling average selling prices (ASPs) on accelerometers, gyroscope chips, and magnetic-field measuring devices are capping annual growth of total sensor revenues The report shows worldwide dollar-volume revenues for sensors rising by a compound annual growth rate (CAGR) of […]
Sensor Growth in 2016
Databeans, a market research company, expects the worldwide sensors and microelectromechanical systems (MEMS) market to grow by 13 percent this year. “Q2 2016 Sensors and MEMS Market Tracker” covers microfluidic, pressure, accelerometers, optical, temperature, magnetic field sensing as well as MEMS devices. The report addresses automotive, computer consumer, communications and industrial markets. It provides forecasts […]
IR Detector Sales to Reach $500M in 2020
According to market research firm Yole Developpement’s report “Infrared Detector Technology & Market Trends 2015,” smart lighting, smart buildings and mobile devices will drive the infrared (IR) detector market to about $500M in 2020. Rather than addressing imaging, the report covers IR sensors that produce a signal to be analyzed for detection. It includes: market […]
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