In its report “IoT Sensors Market Research Report,” Market Research Engine expects the global IoT sensors market to grow from $10.08 billion in 2019 to $10.38 billion in 2020 at a growth rate of a mere 3.03%. The slow growth in 2020 is attributed to the economic slowdown worldwide from the COVID-19 outbreak. Expecting a […]
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What are the results of the 2019 MEMS Industry Commercialization Report Card survey? Pt 2
Roger Grace Associates MEMS Industry Commercialization Report Card (Report Card) Study for 2019 showed its overall grade remaining at B-, which has been so since 2014. This consistency demonstrates the maturity of the MEMS industry. The standard deviation from 1998 to 2019 was 0.55. Conducted annually since its inception in 1998 by Roger Grace of […]
How has COVID-19 impacted the sensor market?
In its current report, “Smart Sensors Market – Growth, Trends, Forecasts (2020 – 2025),” Mordor Intelligence, a market research firm, includes information regarding the direct impact of COVID-19 as well as the indirect impact from other industries on the sensor market. Taking this into account, the report forecasts that the smart sensors market will grow […]
What is the MEMS report card for 2019?
Input for the 21st Annual MEMS Industry Commercialization Report Card Study (for 2019) is currently being requested. Compiled by Roger Grace, President of Roger Grace Associates, the purpose of the Report Card is to provide microelectromechanical systems (MEMS) industry participants with an objective assessment of the critical success factors over time for MEMS and to […]
How do sensors impact healthcare?
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 […]
