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 gesture recognition and touchless sensing market is expected to grow from USD 24.6 billion in 2024 to USD 62.2 billion by 2029, at a compound annual growth rate (CAGR) of 20.4% during the forecast period.The key players Microsoft Corporation (US), Microchip Technology Inc. (US), Google LLC (US), Infineon Technologies (Germany), Apple Inc. (US), Sony Depthsensing Solutions (Belgium), Cognitec Systems GmbH (Germany), OMNIVISION (US), IrisGuard (UK), and GestureTek (Canada).
The global smart home market size is expected to grow from USD 84.5 billion in 2024 to USD 116.4 billion by 2029, at a compound annual growth rate (CAGR) of 6.6% during the forecast period. The key players Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden).
The global 3D sensor market is expected to grow from USD 6.1 billion in 2024 to USD 12.8 billion by 2029, at a compound annual growth rate (CAGR) of 16.3% during the forecast period.The key players Infineon Technologies AG (Germany), Microchip Technology Inc. (US), Sony Group Corporation (Japan), KEYENCE CORPORATION (US), STMicroelectronics (Switzerland).
The fingerprint sensor market is expected to grow from USD 4.2 billion in 2024 to USD 5.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The key players Shenzhen Goodix Technology Co., Ltd. (China), Fingerprints (Sweden), Synaptics Incorporated (US), Apple Inc. (US), Egis Technology Inc (Taiwan). CrucialTec (South Korea), NEXT Biometrics (Norway), Novatek Microelectronics Corp. (Taiwan), Qualcomm Technologies, Inc. (US), Q Technology (China), Vicharak (India), Invixium (Canada), M2SYS Technology (US), Parallax Inc. (US), Mantra Softech India Pvt Ltd. (India), CMOS Sensor Inc. (US), ELAN Microelectronics Corp. (Taiwan), FocalTech Systems Co., Ltd. (China), ID3 Technologies (France), IDEX Biometrics (Norway), Japan Display Inc. (Japan), QXi Technology (China), Sonavation Inc. (US), Touch Biometrix (UK), VKANSEE (US).
The global pressure sensor market is expected to grow from USD 17.0 billion by 2029 to USD 12.4 billion in 2024, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players Honeywell International Inc. (US), ABB (Switzerland), Emerson Electric Co. (US), Amphenol Corporation (US), TE Connectivity (Switzerland), Sensata Technologies, Inc. (US) TT Electronics (UK), Rockwell Automation (US), STMicroelectronics, Switzerland), Infineon Technologies AG (Germany).
The Drone Sensor market is expected to grow from USD 1.4 billion in 2024 to USD 2.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.1% during the forecast period.The key Players TE Connectivity (US), Drone Nerds Enterprise (US), RTX (US), Trimble Inc.(US), InvenSense (US), Bosch Sensortec GmbH (Germany), Sparton (US), ams-OSRAM AG (Austria), Teledyne FLIR LLC (US), Hottinger Brüel & Kjær (HBK) (Denmark), LeddarTech (Canada), YOST LABS (US), SBG SYSTEMS (France), Velodyne Lidar Inc. (US), Sony Semiconductor Manufacturing Corporation (Japan), QuestUAV (UK), Sensirion AG (Switzerland), Aerotenna (US), Swift Navigation Inc. (US), Unmanned Experts Inc. (US), Dynetics, Inc. (US), Kespry (US), GRIFFON AEROSPACE (US), MICRODRONES (Germany), and Autel Robotics (US).
The Electronic Skin Patch market size is expected to grow from USD 15.0 billion in 2024 to USD 27.0 billion by 2029, at a compound annual growth rate (CAGR) of 12.5% during the forecast period.The key players Abbott (US), Dexcom, Inc. (US), Medtronic (Ireland), Insulet Corporation (US), Boston Scientific Corporation (US), Koninklijke Philips N.V. (Netherlands), Biolinq Incorporated (US), Zio By iRhythm Technologies, Inc. (US), GENTAG, Inc. (US), VitalConnect (US), The Surgical Company (Netherlands), Senseonics Ltd. (US), Active Environmental Solutions (Australia).
The medical sensors market is expected to grow from USD 2.4 billion in 2024 to USD 3.6 billion by 2029, at a compound annual growth rate (CAGR) of 8.1% during the forecast period.The key players TE Connectivity (Switzerland), Medtronic (Ireland), Analog Devices, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Tekscan, Inc. (US), NXP Semiconductors (Netherlands), Sensirion AG (Switzerland), ON Semiconductor Corporation (US), and Amphenol Corporation (US).
The NDIR market is expected to grow from USD 681 million in 2024 to USD 965 million by 2029, at a compound annual growth rate (CAGR) of 7.2% during the forecast period.The key players Honeywell International Inc. (US), MSA. (US), Amphenol Corporation. (US), Yokogawa Electric Corporation (Japan), Emerson Electric Co. (US).
The Micro-electro-mechanical System (MEMS) market is expected to grow from USD 16.5 billion in 2024 to USD 24.2 billion by 2029, at a compound annual growth rate (CAGR) of 7.9% during the forecast period.The key players Robert Bosch GmbH (Germany), Broadcom (US), Qorvo, Inc (US), STMicroelectronics (Switzerland), Texas Instruments (US), Goertek microelectronics Inc (China), Hewlett Packard Enterprise Development LP (US), TDK Corporation (Japan), Knowles Electronics, LLC (US), Infineon Technologies AG (Germany), Honeywell International (US), Analog Devices, Inc (US).
The global precision farming software market size is expected to grow from USD 1.7 billion in 2024 to USD 3.1 billion by 2029, at a compound annual growth rate (CAGR) of 12.5% during the forecast period.The key players Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), CNH Industrial N.V. (UK), AgEagle Aerial Systems Inc (US), KUBOTA Corporation (Japan), Ag Leader Technology (US), TOPCON CORPORATION (Japan), Climate LLC (US), TeeJet Technologies (US).
The smart sensors market is expected to grow from USD 61.9 billion in 2024 to USD 136.3 billion by 2029, at a compound annual growth rate (CAGR) of 17.1% during the forecast period.The key players Analog Devices, Inc. (US), Infineon Technologies AG (Germany), Texas Instruments Incorporated (US), Microchip Technology Inc. (US), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Siemens (Germany), ABB (Switzerland), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), TDK Corporation (Japan), Sensirion AG (Switzerland), Eaton (Ireland), Emerson Electric Co. (US), NXP Semiconductors (Netherlands), General Electric (US), Legrand (France), Balluff GmbH (US), Renesas Electronics Corporation (Japan), MEMSIC Semiconductor Co., Ltd. (China).
The global IoT sensors market is expected to grow from USD 16.0 billion in 2024 to USD 70.1 billion by 2029, at a compound annual growth rate (CAGR) of 34.4% during the forecast period.The key players Texas Instruments (US), TE Connectivity (Switzerland), Broadcom (US), NXP Semiconductors (Netherlands), STMicroelectronics NV (Switzerland), Bosch Sensortec (Germany), TDK Corporation (Japan), Infineon Technologies (Germany), Analog Devices (US), Omron Corporation (Japan), Sensirion (Switzerland), Honeywell International (US), Siemens AG (Germany), Knowles Corporation (US), ABB Ltd. (Switzerland), Sensata Technologies (US), Emerson Electric Co. (US), Teledyne Technologies (US), SmartThings Inc. (US), Monnit Corporation (US), Murata Manufacturing Co., (Japan), Figaro Engineering Inc. (Japan), Trafag AG (Switzerland), NIDEC COPAL ELECTRONICS (Japan), and KITA SENSOR TECH. CO., LTD. (Taiwan).
The Industrial sensor market is expected to grow from USD 27.9 billion in 2024 to USD 42.1 billion by 2029, at a compound annual growth rate (CAGR) of 8.5% during the forecast period.The key players Rockwell Automation (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), Panasonic (Japan), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Siemens (Germany), Amphenol Corporation (US), Dwyer Instruments, LLC. (US), and Bosch Sensortec (Germany) and Omega Engineering Inc. (US), Sensirion AG (Switzerland), ams-OSRAM AG (Austria), Microchip Technology Inc. (US), ABB (Switzerland), NXP Semiconductors (Netherlands), Endress+Hauser Group Services AG (Switzerland), Figaro Engineering Inc. (Japan), Safran Colibrys SA (Switzerland), Analog Devices Inc. (US), Infineon Technologies AG (Germany), Renesas Electronics Corporation (Japan), Breeze Technologies (Germany), eLichens (France) and Edinburgh Sensors (UK).
The global milking robots market size is expected to grow from USD 3.2 billion in 2024 to USD 5.3 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% during the forecast period.The key players Lely (Netherlands), GEA Group AG (Germany), DeLaval (Sweden), Nedap Livestock Management (Netherlands), BouMatic (US), Fullwood JOZ (UK), Milkomax solutions laiteres inc. (Canada), System Happel GmbH (Germany), Waikato Milking Systems NZ LP (New Zealand), AMS Galaxy USA (US), and Dairymaster (Ireland).
The temperature sensor market is expected to grow from USD 7.4 billion in 2024 to USD 9.7 billion by 2029, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The key players Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), Siemens (Germany), Emerson Electric Co. (US), Analog Devices (US), Amphenol Corporation (US), WIKA Alexander Wiegand SE & Co. KG (Germany), and Microchip Technology Inc. (US).
The Gas sensor market is expected to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2028, at a compound annual growth rate (CAGR) of 9.7% during the forecast period.The key players Honeywell International Inc. (US), MSA Safety Incorporated (US), Amphenol Corporation (US), Figaro Engineering Inc. (Japan), Alphasense (UK), Sensirion AG (Switzerland), Process Sensing Technologies (UK), ams-OSRAM AG (Austria), MEMBRAPOR (Switzerland), Senseair AB (US) and Niterra Co., Ltd. (Japan), Nissha Co., Ltd. (Japan), Renesas Electronic Corporation (Japan), Breeze Technologies (Germany), eLichens (France), Bosch Sensortec GmbH (Germany), Danfoss (Denmark), Edinburgh Sensors (Uk), GASTEC Corporation (Japan), Nemoto & Co., Ltd. (Japan), SPEC Sensors (US), SIA MIPEX (Russia), Cubic Sensor and Instrument Co., Ltd. (China), and Zhengzhou Winsen Electronics Technology Co., Ltd. (China).
The environmental sensor market is expected to grow from USD 1.8 billion in 2023 to USD 3.0 billion by 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period. The key players in the Honeywell International Inc. (US), Sensirion AG (Switzerland), Siemens (Germany), ams-OSRAM AG (Austria), Bosch Sensortec GmbH (Germany), OMRON Corporation (Japan), Raritan Inc. (US), Texas Instruments Incorporated (US), Schneider Electric (France), and Amphenol Corporation (US).
The building automation system market is expected to grow from USD 88.4 billion in 2023 to USD 155.9 billion by 2028, at a compound annual growth rate (CAGR) of 12.0% during the forecast period. The key Players in the Honeywell International Inc. (US), Siemens (Germany), Johnson Controls (US), Schneider Electric (France), Carrier (US), Robert Bosch GmbH (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), Trane Technologies plc (Ireland), Lutron Electronics Co., Inc (US), Crestron Electronics, Inc. (US), Hitachi, Ltd. (Japan), Delta Controls (Canada), Beckhoff Automation (Germany), Lennox International Inc. (US), Current Lighting Solutions, LLC. (US), ACUITY BRANDS, INC, (Canada), Dialight (UK), Cisco Systems, Inc. (US), Rockwell Automation (US), Snap One, LLC (US), Signify Holding (Netherlands), Emerson Electric Co. (US), Leviton Manufacturing Co., Inc. (US), Mitsubishi Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), Bajaj Electricals Ltd (India), and Beijer Electronics, Inc. (Sweden).
The current sensor market size is expected to grow from USD 2.8 billion in 2023 to USD 4.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.4% during the forecast period.The key players in the Asahi Kasei Corporation (Japan), Infineon Technologies AG (Germany), Allegro MicroSystems, Inc. (US), LEM International SA (Switzerland), Melexis (Belgium), TDK Corporation (Japan), Aceinna (US), Honeywell International Inc. (US), TAMURA Corporation (Japan), and Texas Instruments Incorporated (US).
The automotive sensor market is expected to grow from USD 30.8 billion in 2023 to USD 62.2 billion by 2028, at a compound annual growth rate (CAGR) of 15.0% during the forecast period.The key players Robert Bosch GmbH (Germany), ON Semiconductor (US), OMNIVISION (US), TE Connectivity (Germany), Continental AG (Germany), Infineon Technologies AG (Germany), NXP Semiconductors (Netherlands), Denso Corporation (Japan), Panasonic (Japan), Allegro MicroSystems, Inc. (US), Sensata Technologies,Inc (US), BorgWarner, Inc. (US), Analog Devices, Inc. (US), ELMOS Semiconductor SE (Germany), Aptiv. (Ireland), CTS Corporation (US), Autoliv, Inc. (Sweden), STMicroelectronics (Switzerland), ZF Friedrichshafen AG (Germany), Quanergy Solutions, Inc. (US), Innoviz Technologies Ltd (Israel), Valeo S.A. (France), Magna International Inc. (Canada), Melexis (Belgium), and Amphenol Advanced Sensors (US).
The sensor testing market size is expected to grow from USD 1.8 billion in 2023 to USD 2.4 billion by 2028, at a compound annual growth rate (CAGR) of 6.1% during the forecast period.The key players TE Connectivity Ltd. (Switzerland), National Instruments Corp. (US), Keysight Technologies, Inc. (US), Fluke Corporation (US), and Rohde & Schwarz GmbH & Co. KG (Germany).
The infrared thermography market is expected to grow from USD 445 million in 2023 to USD 606 million by 2028, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The key players such as Teledyne FLIR LLC (US); Fluke Corporation (US); Axis Communications AB (Sweden); Xenics nv. (Belgium); Zhejiang Dali Technology Co., Ltd. (China) and OPGAL Optronics Industries Ltd. (Israel).
The wearable sensors market is expected to grow from USD 1.6 billion in 2023 to USD 4.2 billion by 2028, at a compound annual growth rate (CAGR) of 21.1% during the forecast period.The Key players STMicroelectronics (Switzerland); Infineon Technologies (Germany); Knowles Electronics (US); NXP Semiconductors (Netherlands); Texas Instruments (US); TE Connectivity (Switzerland); Broadcom (Switzerland); Analog Devices (US); Panasonic (Japan); and Asahi Kasei (Japan).
The sensor fusion market value is projected to be USD 18.0 billion by 2028, growing from USD 8.0 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. The Key players STMicroelectronics (Switzerland), InvenSense, Inc. (US), NXP Semiconductors N.V. (Netherlands), Infineon Technologies (Germany), Bosch Sensortec GmbH (Germany), Analog Devices, Inc. (US), Renesas Electronics Corporation. (Japan), Amphenol Corporation (US), Texas Instruments (US), and Qualcomm Technologies, Inc. (US).
The hydrogen detection market size is expected to grow from USD 240 million in 2023 to USD 410 million by 2028, at a compound annual growth rate (CAGR) of 11.3 % during the forecast period.The Key players Teledyne Technologies (US), Honeywell International (US), Figaro Engineering (Japan), H2Scan Corporation (US), NevadaNano (US), Hydrogen Sense Technology(China), Membrapor (Switzerland), Makel Engineering (US).
The global distributed fiber optic sensor market is expected to grow from USD 1.2 billion in 2023 to USD 1.9 billion by 2028, at a compound annual growth rate (CAGR) of 9.4% during the forecast period.The Major players Schlumberger (US), Halliburton (US), Yokogawa Electric (Japan), Weatherford International (US), Luna Innovations (US), OFS (US), Bandweaver (UK), Omnisens (Switzerland), AP Sensing (Germany) and DarkPulse (US) among others.
The smart agriculture market size is expected to grow from USD 16.2 billion in 2023 to USD 25.4 billion by 2028, at a compound annual growth rate (CAGR) of 9.4% during the forecast period.The key Players Deere & Company (US), Trimble Inc. (US), AGCO Corporation (US), Topcon Positioning Systems (US), DeLaval (Sweden), AKVA Group (Norway), Allflex Livestock Intelligence (US), Innovasea Systems Inc. (US), Afimilk Ltd. (Israel), and Heliospectra AB (Sweden).
The global precision planting market is expected to grow from USD 5.0 billion in 2022 to USD 8.2 billion by 2027, at a compound annual growth rate (CAGR) of 10.3% during the forecast period.The Key players Deere & Company (US), Trimble Inc. (US), CNH Industrial N.V. (UK), Kinze Manufacturing Inc. (US), and Precision Planting (brand of AGCO) (US). Other players include Topcon Positioning Systems (US), Buhler Industries Inc. (CA), Vaderstad Industries Inc. (CA), Stara S/A (Brazil), Kasco Manufacturing Inc. (US), Davimac Group (Australia), Morris Industries Ltd. (CA), SeedMaster Manufacturing Ltd. (CA), The Climate Corporation (US), Ag Leader Technology (US), Bourgault Industries Ltd. (CA), DroneSeed (US), Dendra Systems (UK), Kubota Corporation (Japan), Hexagon Agriculture (Brazil), Dickey-John Corporation (US), Monosem (France), and White Planters (brand of AGCO) (US).
The global low light imaging market is expected to grow from USD 12.1 billion in 2022 to USD 19.9 billion by 2027, at a compound annual growth rate (CAGR) of 10.4% during the forecast period.The major players Sony Group (Japan), Samsung Electronics Co., Ltd. (South Korea), OMNIVISION Technologies (US), STMicroelectronics N.V. (Switzerland), ON Semiconductor Corporation (US), Panasonic Holdings Corporation (Japan), Canon Inc. (Japan), PixArt Imaging Inc. (Taiwan), Hamamatsu Photonics K.K. (Japan), and Teledyne Technologies Incorporated (US).
The quantum sensors market is expected to grow from USD 260 million in 2022 to USD 565 million by 2027, at a compound annual growth rate (CAGR) of 16.8% during the forecast period.The major players Campbell Scientific, Inc. (US), ID Quantique SA (Switzerland), LI-COR, Inc. (US), M Squared Ltd. (UK), and Muquans SAS (France).
The global image sensor market is expected to grow from USD 26.1 billion in 2022 to USD 38.6 billion by 2027, at a compound annual growth rate (CAGR) of 8.1% during the forecast period.The Key Players Sony Group (Japan), Samsung Electronics Co., Ltd. (Japan), OMNIVISION (US), STMicroelectronics N.V. (Switzerland), GalaxyCore Shanghai Limited Corporation (China), ON Semiconductor Corporation (US), Panasonic Holdings Corporation (Japan), Canon Inc. (Japan), SK hynix Inc. (South Korea), and PixArt Imaging Inc. (Taiwan).
The global particulate matter monitoring market is expected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2027, at a compound annual growth rate (CAGR) of 10.8% during the forecast period.The major players Thermo Fisher Scientific, Inc. (US), AMETEK (US), Spectris plc (UK), ACOEM Group (France), and Siemens (Germany).
The global remote automotive exhaust sensing market is expected to grow from USD 76 million in 2022 to USD 147 million by 2027, at a compound annual growth rate (CAGR) of 14.1% during the forecast period.The Key Players Opus Group AB (Sweden), Hager Environmental & Atmospheric Technologies (US), Doppler Environmental Protection Technology Co., Ltd. (China), Anhui Baolong Environmental Protection Technology Co., Ltd. (China), Korea Environment Corporation (South Korea), and Hangzhou Chunlai Technology Co., Ltd. (China).
The HVAC controls market is expected to grow from USD 17.2 billion in 2022 to USD 26.7 billion by 2027, at a compound annual growth rate (CAGR) of 9.2% during the forecast period.The Key Players Honeywell International Inc. (US), Johnson Controls (US), Siemens (Germany), Carrier (US), Emerson Electric Co. (US), Schneider Electric (France), Trane Technologies plc, (US), DAIKIN INDUSTRIES (Japan), Delta Controls (Canada), Distech Controls (Canada), Danfoss (Denmark), Lennox (US), Fr. Sauter AG (Switzerland), LG Electronics (South Korea), Mitsubishi Electric Corporation (Japan), KMC Controls (US), Jackson Systems & Supply (US), Astronics Corporation (US), OJ Electronics A/S (Denmark), Regin (Sweden), Azbil Corporation (Japan), Robert Bosch GmbH (Germany), Computrols, Inc (US), Cubic Sensor and Instrument Co., Ltd. (China), and Reliable Controls Corporation (Canada)
The global smoke detectors market size is projected to reach USD 3.4 billion by 2027, at a CAGR of 8.2% during the forecast period. The smoke detectors market is dominated by a few globally established players such as Carrier Global Corporation (US), Honeywell International Inc. (US), HOCHIKI Corporation (Japan), Johnson Controls International plc. (US), and Siemens AG (Germany).
The livestock monitoring market size is expected to grow from USD 1.6 billion in 2022 to USD 3.7 billion by 2030, at a CAGR of 11.0% during the forecast period. The report profiles key players such as Allflex Livestock Intelligence (Subsidiary of MSD Animal Health) (US), DeLaval (Sweden), Afimilk Ltd. (Israel), Nedap N.V. (Netherlands), BouMatic (US), ENGS Systems (Israel), CowManager B.V. (Netherlands), Dairymaster (Ireland), HerdInsights (Subsidiary of Datamars) (Ireland), and Zoetis (US).
The global hydrogen fluoride gas detection market is projected to reach USD 704 million by 2026, at a CAGR of 5.3% during the forecast period. Honeywell International Inc. (US), Teledyne Technologies Incorporated (US), Drägerwerk AG & Co. KGaA (Germany), MSA Safety Incorporated (US), GfG Instrumentation, Inc. (US), Sensidyne, LP (US), Crowcon Detection Instruments Ltd. (UK), Analytical Technology, Inc. (ATI) (US), RKI Instruments, Inc. (US), and R.C. Systems, Inc. (US) are some of the key players in the hydrogen fluoride gas detection market.
The global livestock identification market is projected to reach USD 3.6 billion by 2030, at a CAGR of 10.5% during the forecast period. The global livestock identification market is projected to reach USD 3.6 billion by 2030 from an estimated USD 1.6 billion in 2022, at a CAGR of 10.5% from 2022 to 2030.
The Traffic Sensor Market is expected to grow from USD 566 million in 2021 to USD 809 million by 2026, at a CAGR of 7.4% during the forecast period. In 2020, the Traffic Sensor market was dominated by EFKON (Austria), Siemens (US), International Road Dynamics (Canada), Kapsch TrafficCom (Austria), and Q-Free ASA (Norway).
The global battery-free sensors market size is projected to reach USD 109 million by 2026; it is expected to grow at a CAGR of 27.6% during the forecasting period. ON Semiconductor (UK), Farsens (Spain), Axzon (Rfmicron) (US), Inductosense (UK), Phase IV Engineering (US), Powercast (US), Distech Controls (US), EnOcean (Germany), DCO Systems (UK), and Everactive (US), are some of the major players in battery-free sensors market.
The biosensors market is projected to reach USD 36.7 billion by 2026; it is expected to grow at a CAGR of 7.5% during the forecast period. Abbott (US), Roche (Switzerland), Medtronic (Ireland), Bio-Rad Laboratories, Inc. (US), DuPont (US), Biosensors International Group, Ltd. (Singapore), Cytiva (UK), Dexcom, Inc. (US), Lifescan IP Holdings, LLC (US), Masimo (US), Nova Biomedical (US), Universal Biosensors (Australia), ACON Laboratories, Inc. (US), CARDEA BIO INC., (US), Conductive Technologies (US), EarlySense (Israel), Innovative Sensor Technology IST AG (Switzerland), LifeSignals (US), NeuroSky (US), Pinnacle Technology Inc. (US), SD Biosensor, INC. (South Korea), VitalConnect (US), and Xsensio (Switzerland) are a few of the key players in the biosensors market.
The Wearable Technology Market is expected to grow from USD 116.2 billion in 2021 to USD 265.4 billion by 2026, at an average CAGR of 18.0% during the forecast period. Apple Inc. (US), Fitbit Inc. (US), Google LLC (US), Samsung Electronics Co., Ltd.(South Korea), Garmin Ltd.(Switzerland), LG(South Korea), Huawei(China), Sony Corporation(Japan), Xiaomi Corporation(China), and Microsoft (US) are the key players in the wearable technology market.
The Torque Sensor Market is expected to grow from USD 6.8 billion in 2021 to USD 9.0 billion by 2026, at a CAGR of 5.7% during the forecast period. Major vendors in the torque sensor market include ABB (Switzerland), Crane Electronics (UK), FUTEK Advanced Sensor Technology (US), HBM (Germany), Applied Measurements (UK), Honeywell (US), Kistler Holding (Switzerland), Sensor Technology (UK), Norbar Torque Too (UK), Infineon Technologies (Germany), Teledyne Technologies (US), Datum Electronics (UK), MagCanica (US), Interface (US), AIMCO (US), TE Connectivity (Switzerland), Mountz (US), PCB Piezotronics (US), S. Himmelstein & Company (US), and Transense Technologies (UK).
The Top 10 Sensors Market is expected to grow from USD 72.7 billion in 2021 to USD 101.1 billion by 2025, at a CAGR of 6.8% during the forecast period. The top 10 sensor market is currently dominated by Emerson Electric Co. (US), Honeywell International (US), ABB (switzerland), Seimens (Germany), Endress+ hauser (swizterland), Texas Instruments (US), TE Conectivuity (US), TDK Corporation (Japan), Sensata Technologies (US), Sony (Japan), Samsung (South Korea), Omnivision technologies (US), Analog devices (US), NXP semsiconductors N.V. (Netherlands), STMicroelectronics (switzerland), Infineon technologies (Germany), ams AG (Austria), MSA (US) and Broadcom (Us) . A few of the major strategies adopted by these players to compete in the Top 10 sensor market include product launches, partnerships, and agreements have been carried out by the players in the top 10 sensor market from 2017 to 2020. There were also a significant number of product launches, partnerships, collaboration, and agreements during this period.
The infrared thermometer market is projected to reach USD 3.6 billion by 2025. It is expected to grow at a CAGR of 9.2% during the forecast period. Fluke (US), FLIR (US), Testo (Germany), Omron (Japan), Microlife (Taiwan), Hill-Rom (US), Omega Engineering (US), PCE Instruments (UK), Chino Corporation (Japan), and AMETEK Land (UK) are some of the key players operating in the infrared thermometer market.
The Leak Detection Market is expected to grow from USD 2.1 billion in 2020 to USD 3.0 billion by 2025, at a CAGR of 7.8% during the forecast period. Honeywell International Inc. (US), Emerson Electric Co. (US), ABB (Switzerland), KROHNE Group (Germany), PSI Software AG (Germany), Atmos (UK), AVEVA (UK), FLIR Systems Inc. (US), HIMA (Germany), Yokogawa Electric Corporation (Japan), Asel-Tech (Brazil), Bridger Photonics (US), Flyscan Systems Inc. (Canada), Fotech Group Ltd. (UK), Hawk Measurement Systems (Australia), MAGNUM (Germany), MSA Safety (US), OptaSense Ltd. (UK), Simulation Software Ltd. (UK), and TTK (France) are some of the key players operating in the leak detection market for oil & gas.
The level sensor market is projected to reach USD 6.1 billion by 2025. It is expected to grow at a CAGR of 7.5% during the forecasting period. ABB (Switzerland), Emerson (US), Endress+Hauser (Switzerland), Vega Grieshaber KG (Germany), Siemens (Germany), Honeywell (US), AMETEK (US), Schneider Electric (France), TE Connectivity (Switzerland), Gems Sensors (US) are some of the key players operating in the level sensors market.
The Home Automation System Market is expected to grow from USD 40.8 billion in 2020 to USD 63.2 billion by 2025, at a CAGR of 9.1% during the forecast period. Major players in the home automation system market are Resideo (US), Legrand (France), Schneider Electric (France), Johnson Controls (Ireland), Siemens (Germany), Ingersoll Rand (US), ABB (Switzerland), Leviton Manufacturing Company (US), Control4 (US), Crestron Electronics (US), Acuity Brands (US), Lutron (US), Remote Technologies Incorporated (US), Elan (US), ADT (US), AMX (US), Develco Products (Denmark), Vantage Controls (US), Savant Systems (US), and SmartThings (US).
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.