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Sensor Market to Reach $345 77 Bn, Globally, by 2027 at 8 9% CAGR: Allied Market Research

Share this article Share this article PORTLAND, Ore., May 3, 2021 /PRNewswire/ Allied Market Research published a report, titled, Sensor Market By Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others), Technology (CMOS, MEMS, NEMS, and Others), and End User (Electronics, IT & Telecom, Industrial, Automotive, Aerospace & Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028. According to the report, the global sensor industry was estimated at $166.69 billion in 2019, and is expected to hit $345.77 billion by 2028, registering a CAGR of 8.9% from 2021 to 2028.

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eCommerce Software and Platforms Market to Witness Huge Growth by 2025 | Shopify, Magento, Bigcommerce

eCommerce Software and Platforms Market to Witness Huge Growth by 2025 | Shopify, Magento, Bigcommerce
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Force Sensor Market to Reach $3 30 Bn, Globally, by 2027 at 5 30% CAGR: Allied Market Research

Share this article PORTLAND, Ore., Jan. 20, 2021 /PRNewswire/ Allied Market Research published a report, titled, Force Sensor Market By Operation (Analog and Digital), Force Type (Compression & Tension, Compression, and Tension), Technology (Strain Gauge, Load Cell, Force Sensitive Resistors (FSRs), and Others), and End User (Automotive, Locomotive, Manufacturing, Mining, Aerospace & Defense, Construction, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global force sensor industry generated $2.16 billion in 2019, and is projected to garner $3.30 billion by 2027, witnessing a CAGR of 5.30% from 2020 to 2027. Drivers, restraints, and opportunities Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market. In addition, the growing AI and IoT technology and high demand from APAC region further fuel the growth of the market. Howe

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