#Infineon smart presence detection

[futureelctronic1208]

Infineon: Smart Presence Detection with XENXIV BGT60UTR11AIP

https://www.futureelectronics.com/resources/featured-products/infineon-xensiv-60-ghz-bgt60utr11aip-sensor . Infineon’s new BGT60UTR11AIP radar sensor with antenna in package is optimized for low power consumption and system cost optimization. With three different power modes, users have flexibility to optimize between performance and power consumption. https://youtu.be/hLM3MHvP5fE

[futureelectronic1527]

Infineon: Smart Presence Detection with XENXIV BGT60UTR11AIP

https://www.futureelectronics.com/resources/featured-products/infineon-xensiv-60-ghz-bgt60utr11aip-sensor . Infineon’s new BGT60UTR11AIP radar sensor with antenna in package is optimized for low power consumption and system cost optimization. With three different power modes, users have flexibility to optimize between performance and power consumption. https://youtu.be/hLM3MHvP5fE

[jayanthitbrc]

Strategic Opportunities and Major Players in the Factory Automation Sensor Market Competitive Landscape and Segments

Overview and Scope Factory automation sensors are devices used in industrial settings to detect, measure, analyze, and control various parameters and conditions within a manufacturing environment. These sensors are used in automating processes by gathering data about physical variables such as temperature, pressure, position, proximity, flow, level, and presence of objects. Sizing and Forecast The factory automation sensor market size has grown strongly in recent years. It will grow from $15.32 billion in 2023 to $16.49 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%.  The growth in the historic period can be attributed to a rise in automation use cases, a growing trend toward predictive maintenance, rising demand for robotics and automation, the expansion of the Internet of Things (IoT), and rising demand for electric vehicles. The factory automation sensor market size is expected to see strong growth in the next few years. It will grow to $22.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.  Order your report now for swift delivery, visit the link: https://www.thebusinessresearchcompany.com/report/factory-automation-sensor-global-market-report Segmentation & Regional Insights The factory automation sensor market covered in this report is segmented – 1) By Sensors Type: Temperature Sensors, Vibration Sensors, Humidity Sensors, Proximity Sensors, Pressure Sensors, Vision Sensors, Other Sensor Types 2) By Type:  Contact, Noncontact 3) By Application: Manufacturing, Automotive, Chemicals, Energy And Power, Food And Beverages, Oil And Gas, Aerospace And Defense, Pharmaceuticals, Other Applications North America was the largest region in the factory automation sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the factory automation sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=15045&type=smp Major Driver Impacting Market Growth The increasing demand for smart factories is expected to propel the growth of the factory automation sensor market going forward. Smart factories are manufacturing facilities integrating advanced technologies such as IoT, AI, and automation to optimize production processes. The demand for smart factories arises from increased efficiency, flexibility, and competitiveness in manufacturing, driven by the potential to optimize operations, reduce costs, and improve product quality by integrating advanced technologies such as automation, data analytics, and connectivity. Key Industry Players Major companies operating in the factory automation sensor market report are Robert Bosch GmbH; Siemens AG; Sony Corporation; Panasonic Corporation; Schneider Electric SE; Honeywell International Inc.; ABB Ltd.; STMicroelectronics N.V.; Infineon Technologies AG. The factory automation sensor market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company   Twitter: https://twitter.com/tbrc_info   Facebook: https://www.facebook.com/TheBusinessResearchCompany   YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ   Blog: https://blog.tbrc.info/   Healthcare Blog: https://healthcareresearchreports.com/   Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model  

[robertemma27-blog]

Embedded Security Market Outlook: Trends and Projections for 2028

The embedded security market size has been estimated to be valued at USD 7.4 Billion in 2023 and is projected to reach USD 9.8 Billion by 2028; growing at a CAGR of 5.7% from 2023 to 2028.

The key factors contributing to the growth of the embedded security market include the rising prevalence of interconnected devices, coupled with the escalating complexity of cyberattacks, underscores the urgency for heightened security measures. Additionally, the imperative to adhere to regulatory mandates is exerting a pivotal role in steering the market’s growth trajectory.

The key players in this market are Infineon (Germany), STMicroelectronics (Switzerland), NXP (Netherlands), Qualcomm (US), Thales Group (France), Microchip Technology (US), Samsung (South Korea), Texas Instruments (US), IDEMIA (France), and Renesas (Japan). The players in this market have adopted various strategies to expand their global presence and increase their market shares.

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Wearables are likely to witness the highest CAGR among all application segments between 2023 and 2028.

The wearables segment is expected to witness the highest growth rate during the forecast period. Wearables often contain sensitive health, financial, and personal information, necessitating advanced embedded security solutions to prevent unauthorized access and data breaches. This heightened concern for user privacy and data integrity has prompted manufacturers to prioritize security features, including biometric authentication, secure data transmission, and encryption, fostering greater consumer trust and adoption. Moreover, the increasing integration of wearables in healthcare, finance, and enterprise sectors further underscores the need for stringent security protocols, thus propelling their growth within the embedded security market.

Based on the offering, software segment likely to register a higher growth rate in the overall embedded security system market from 2023 to 2028

The software security market is expected to offer lucrative growth opportunities during the forecast period. Commonly used software security are firewall, antivirus, antispyware, and network security. A firewall stops unauthorized users from gaining access to a computer or network. Both hardware and software can be used to create a firewall. Antivirus software prevents dangerous malware from attacking a computer by detecting the attack before it starts. Antivirus software is beneficial because it tackles security concerns when attackers get past a firewall.

North America likely to account for the second-largest market share by 2028.

North America has a wealth of highly sensitive data, and with billions of devices connected to IoT, security is a major concern in the region. Security has been identified as the most severe economic and national security challenge by the government of this region. The growing concern for protecting critical infrastructure and sensitive data has increased government intervention in recent years. Specific budget allocations and mandated security policies are expected to make North America the most lucrative market for different categories of vendors. Other factors pushing the market growth in this region are the enormous usage of smart handheld devices, rapidly growing e-commerce, and friction among competing nations, which includes countries such as the US and Canada.

[semiconductors-and-technology]

Position Sensors Market 2023-2030 Comprehensive Outlook, Forecast, and Key Players Analysis

Unraveling the Position Sensors Market

The position sensors market encompasses a diverse array of sensors designed to detect and measure the position, displacement, angle, or motion of objects in various applications. From simple potentiometers and optical encoders to advanced magnetic and capacitive sensors, these devices play a crucial role in ensuring precision and reliability in countless industrial and consumer electronics applications. With the proliferation of automation, robotics, and IoT technologies, the demand for accurate and robust position sensors has surged across industries.

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Diving into Segmentation Analysis

Segmentation of the position sensors market can be based on technology type, application, and end-user industry. Technologies include resistive, inductive, capacitive, magnetic, and optical sensors, each offering unique advantages for specific applications. Applications range from automotive and aerospace to industrial automation, consumer electronics, and healthcare. End-user industries encompass automotive, aerospace, manufacturing, healthcare, and consumer electronics, among others.

Charting the Impact of Innovation

Innovation is at the heart of the position sensors market, driving advancements in sensor technology, miniaturization, and integration. With the rise of Industry 4.0 and the Internet of Things (IoT), there is growing demand for smart, connected sensors capable of providing real-time data and insights. This trend is driving the development of sensors with enhanced features such as wireless connectivity, energy efficiency, and predictive maintenance capabilities. Additionally, the COVID-19 pandemic has accelerated the adoption of automation and robotics in various industries, further fueling demand for position sensors.

A Global Perspective

The adoption of position sensors varies across regions, influenced by factors such as technological infrastructure, industrialization, regulatory frameworks, and market maturity. Developed regions such as North America and Europe lead the market, driven by a strong manufacturing base, advanced technology adoption, and stringent quality standards. Emerging economies in Asia Pacific, Latin America, and Africa are witnessing rapid growth, fueled by increasing investments in infrastructure, automotive manufacturing, and industrial automation.

Navigating the Competitive Landscape

The position sensors market is characterized by intense competition among key players striving for technological innovation and market leadership. Companies such as Allegro Microsystems, Honeywell International Inc., Infineon Technologies AG, and TE Connectivity Ltd. are at the forefront, offering a wide range of position sensing solutions tailored to diverse industry needs. Strategic partnerships, collaborations, and acquisitions are common strategies employed by industry players to expand market presence, enhance product portfolios, and gain a competitive edge.

In Conclusion: Precision for the Future

In conclusion, the position sensors market plays a critical role in enabling precision, control, and automation across industries. As technology continues to advance and new applications emerge, the demand for accurate and reliable position sensing solutions will only continue to grow. By embracing innovation, collaboration, and sustainability, we can unlock the full potential of position sensors and pave the way for a future where precision is the norm, and possibilities are limitless. Let's navigate the precision path together and shape a brighter, more connected world.

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[namanr]

Industrial Sensors Market Expected to Reach $35.47 Billion, Globally, by 2027 at 9.77% CAGR: Allied Market Research 

The industrial sensors market in Asia-Pacific is expected to grow at the significant rate during the forecast period, owing to rapid development of the industrial sector and increase in need for industrial automation. In addition, the presence of leading players in Asia-Pacific and expansion of the semiconductor industry notably contribute toward the growth of the industrial sensors market.

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According to a new report published by Allied Market Research, titled, “Industrial Sensors Market By Sensor Type and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020–2027” the global industrial sensors market size was $18.81 billion in 2019 and is projected to reach $35.47 billion by 2027, to register a CAGR of 9.77% during the forecast period.  

Download Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/8508 (We look forward to moving quickly to provide the Report Analysis needed for your Business Success)               •106 – Tables               •95 – Charts               •306 – Pages

They sense physical input such as light, heat, motion, moisture, pressure, or any other entity, and respond by producing an output on a display or transmit the information in electronic form for further processing. These define major applications in water level monitoring systems, environmental monitoring, energy saving in artificial lighting, and equipment fault diagnostics. 

Prime determinants of growth:

The prominent factors that drive the growth of the industrial sensors market include surge in penetration of Internet of Things & Industry 4.0, increase in industrial automation, and supportive government regulations toward the usage of industrial sensors. However, high initial cost of the sensor device restricts the industrial sensors market growth. Conversely, rise in adoption of smart sensors in several industries is anticipated to provide potential opportunities for the expansion of the            market.  

Report Coverage and Details:

Aspects

Details

By SENSOR TYPE

Image Sensor

Pressure Sensor

Temperature Sensor

Level sensors

Position Sensor

Humidity Sensor

Force Sensor

Others

By INDUSTRY VERTICAL

Manufacturing

Oil & Gas

Chemical

Pharmaceutical

Energy & Power

Mining

  COVID-19 Scenario:

COVID-19 is having a large impact on both consumer and the economy. Manufacturing hubs have been temporarily working at low efficiency to contain the COVID-19 spread. This has majorly affected the supply chain of the market by creating shortages of materials, components, and finished goods. Lack of business continuity has ensured significant negative impacts on shareholder returns, and revenue, which are expected to create financial disruptions in the industrial sensors industry.

Industrial sensor plays a vital role in monitoring process flows in industrial sectors. These sensors can be used to assist in the measurements of the flow rate and the control of the dosing of any gas with precision. In the industrial automation, sensors detect, analyze, measure, and process a range of transformations, including alteration in position, length, height, exterior, and dislocation that occurs in industrial manufacture sites. With increase in penetration of Industry 4.0, the use of robotic, automation, and control systems on the factory floor increases the efficiency, productivity, and profitability, thereby contributing toward the growth of the global market. 

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 Leading Market Players:

·       Infineon Technologies,

·       Renesas Electronics Corporation,

·       ROCKWELL AUTOMATION, INC.,

·       Siemens AG,

·       TEXAS INSTRUMENTS INCORPORATED,

·       TE Connectivity Ltd.,

·       Honeywell International Inc.,

·       STMicroelectronics,

·       NXP Semiconductors,

·       Amphenol Corporation

The report provides a detailed analysis of these key players of the global  industrial sensors market. These players have adopted different strategies such as product development and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders:

In 2019, the manufacturing segment accounted for the maximum revenue, and is projected to grow at a CAGR of 9.00% during the forecast period.

Asia-Pacific accounted for more than 40.0% of the industrial sensors market share in 2019.

The image sensor segment is anticipated to witness highest growth rate during the forecast period.

Germany was the major shareholder in the Europe industrial sensors market, accounting for approximately 32.0% share in 2019. 

By Region:

•        North America (U.S., Canada, and Mexico)

•        Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)

•        Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)

•        LAMEA (Latin America, Middle East and Africa)

Trending Reports in Semiconductor and Electronics Industry (Book Now with Up to 20% Discount + COVID-19 Scenario):

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Embedded Systems Market size is projected to reach $163.2 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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[david843346]

Radar Sensor Market Size, Industry Share and Forecast 2023-2035

Market research analysis on “Radar Sensor Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global radar sensor market in terms of market segmentation by type, range, application, and by region.

Growing Use of Sensors in Vehicles to Promote Global Market Share of Radar Sensors

The main use of radar uses in the automotive industry. Vehicles frequently use radar sensors for functions such as blind spot detection (BSD), lane change assistance (LCA), collision mitigation (CM), parking assistance (PA), and rear cross-traffic alert (RCTA). Thus, the rapid growth in the automotive industry along with the escalation in the production and sales of vehicles is estimated to bring lucrative growth opportunities for market growth. For instance, there were almost 1.4 billion motor vehicles across the world by the end of 2022. Also, radar sensors in vehicles are effective in traffic monitoring and avoiding traffic road crashes and accidents. Despite illumination and weather conditions, radar sensors can provide information about the counts, speeds, and directions of each moving target. Therefore, with the increasing number of deaths in road crashes, the utilization and demand for radar sensors are estimated to grow considerably in the next few years.

Some of the major growth factors and challenges that are associated with the growth of the global radar sensor market are:

Growth Drivers:

Surge in Usage of Sensors in the Healthcare Industry

Growing Use of 5G Technology in Radar Sensing

Challenges:

The main challenge for the market growth is the easy availability of substituents of radar sensors such as LiDAR sensors which produce better results and are more effective. Furthermore, the requirement of high development and initial cost along with growing concern for misuse of the product are some of the major factors anticipated to hamper the global market size of radar sensors.

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By application, the global radar sensor market is segmented into automotive, aerospace & defense, industrial, and government & public infrastructure. The automotive segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period, backed by growing demand for self-driving cars, autonomous vehicles, and electric vehicles. Automakers are concentrating their efforts on sensor research and development since autonomous vehicles depend on a variety of sensors for navigation. Also, the rising government regulation of integrating radar sensors in vehicles to boost passenger safety is another factor for robust revenue generation shortly.

By region, the North American radar sensor market is to generate the highest revenue by the end of 2035, backed by the significant military and defense capacities in North American nations such as the US and Canada, along with advancement in technologies backed by the presence of key suppliers and companies of radar sensors. Furthermore, the presence of major end-use industries in the region along with the increasing government regulations for using radar sensors for various applications to promote efficiency and safety is also estimated to create a positive outlook for market expansion in the region.

This report also provides the existing competitive scenario of some of the key players of the global radar sensor market which includes company profiling of Continental AG, Delphi Automotive LLP, Infineon Technologies AG, NXP Semiconductors, Smart Microwave Sensors GmbH, Robert Bosch GmbH, Denso Corporation, Hella KGaA Hueck & Co, Autoliv Inc., Lockheed Martin Corporation, and others.

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[emaanderson]

Radar Sensor Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~14% During 2023-2035

New York – May 15, 2023 - Research Nester’s recent market research analysis on “Radar Sensor Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global radar sensor market in terms of market segmentation by type, range, application, and by region.

Growing Use of Sensors in Vehicles to Promote Global Market Share of Radar Sensors

The main use of radar uses in the automotive industry. Vehicles frequently use radar sensors for functions such as blind spot detection (BSD), lane change assistance (LCA), collision mitigation (CM), parking assistance (PA), and rear cross-traffic alert (RCTA). Thus, the rapid growth in the automotive industry along with the escalation in the production and sales of vehicles is estimated to bring lucrative growth opportunities for market growth.

For instance, there were almost 1.4 billion motor vehicles across the world by the end of 2022. Also, radar sensors in vehicles are effective in traffic monitoring and avoiding traffic road crashes and accidents. Despite illumination and weather conditions, radar sensors can provide information about the counts, speeds, and directions of each moving target. Therefore, with the increasing number of deaths in road crashes, the utilization and demand for radar sensors are estimated to grow considerably in the next few years.

Some of the major growth factors and challenges that are associated with the growth of the global radar sensor market are:

Growth Drivers:

Surge in Usage of Sensors in the Healthcare Industry

Growing Use of 5G Technology in Radar Sensing

Challenges:

The main challenge for the market growth is the easy availability of substituents of radar sensors such as LiDAR sensors which produce better results and are more effective. Furthermore, the requirement of high development and initial cost along with growing concern for misuse of the product are some of the major factors anticipated to hamper the global market size of radar sensors.

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By application, the global radar sensor market is segmented into automotive, aerospace & defense, industrial, and government & public infrastructure. The automotive segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period, backed by growing demand for self-driving cars, autonomous vehicles, and electric vehicles.

Automakers are concentrating their efforts on sensor research and development since autonomous vehicles depend on a variety of sensors for navigation. Also, the rising government regulation of integrating radar sensors in vehicles to boost passenger safety is another factor for robust revenue generation shortly.

By region, the North American radar sensor market is to generate the highest revenue by the end of 2035, backed by the significant military and defense capacities in North American nations such as the US and Canada, along with advancement in technologies backed by the presence of key suppliers and companies of radar sensors. Furthermore, the presence of major end-use industries in the region along with the increasing government regulations for using radar sensors for various applications to promote efficiency and safety is also estimated to create a positive outlook for market expansion in the region.

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This report also provides the existing competitive scenario of some of the key players of the global radar sensor market which includes company profiling of Continental AG, Delphi Automotive LLP, Infineon Technologies AG, NXP Semiconductors, Smart Microwave Sensors GmbH, Robert Bosch GmbH, Denso Corporation, Hella KGaA Hueck & Co, Autoliv Inc., Lockheed Martin Corporation, and others.

[industrytrendsnews]

Magnetic Field Sensor market Share, Trends, Outlook and Forecast to 2027

Market Synopsis 

Comprehensive research carried out at Market Research Future Reports (MRFR), states that the global magnetic field sensor market is estimated to record a CAGR of 8%, and valuing approximately USD 6 billion during the forecast period from 2017 to 2023. The advent of wearable technologies is applications is estimated to be a significant factor driving the global Magnetic Field Sensor Market Share. In addition, penetration of MEMS technology is additionally fueling the market. The technological advancement has resulted in a significant change in lifestyle. Therefore, the magnetic field sensors are gaining popularity. The market is estimated to grow significantly during the forecast period. 

However, the huge cost of implementation, the tedious developmental procedure is projected to be a factor of impediment. But, the market is estimated to stay lucrative in the forthcoming period. On the other hand, the expansion of the global magnetic field sensor market is projected to be affected significantly due to the outbreak of COVID-19. The daily operations in various regions were put to a halt which immensely affected the manufacturing cycle of the product.

Key Players 

The distinguished competitive players of the global magnetic field sensor market are MEMSIC Inc. (U.S.), Asahi Kasei MicroDevices (Japan), Infineon Technologies (Germany), Honeywell International Inc. (U.S.), Analog Devices, Allegro MicroSystems, LLC (U.S.), Inc. (U.S.), AMS AG (Austria), TDK Corporation (Japan), Robert Bosch GmbH (Germany), Tower Semiconductor Ltd. (Israel), and a few more.

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Market Segmentation 

The global magnetic field sensor market can be segmented on the basis of range, type, end-users, applications, and regions.

On the basis of range, the global magnetic field sensor market can be classified on the basis of <1 micro gauss (Low-Field Sensors), 1 micro gauss–10 Gauss (Earth Field Sensors), >10 Gauss (BIAS Magnetic Field Sensors) consoles.

On the basis of type, the global magnetic field sensor market can be classified on the basis of magnetoresistive sensors, fluxgate sensors, Hall Effect sensors, SQUID sensors, and others

On the basis of end-user, the global magnetic field sensor market can be classified on the basis of consumer electronics, aerospace & defence, BFSI, transportation, healthcare, industrial, and others.

On the basis of application, the global magnetic field sensor market can be classified on the basis of flow rate sensing, speed sensing, detection, navigation and electronic compass, position sensing and others.

On the basis of regions, the global magnetic field sensor market can be classified on the basis of Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Regional Analysis 

In-depth research of Europe, North America, Asia Pacific, and Rest-of-the-World (RoW) has been performed. The report predicts that the market is most likely to grow during the assessment period. MRFR indicates the global market is estimated to be dominated by North America. The region is majorly focusing on advancing the smartphones, gadgets, and the automotive sector to gain back the lost momentum. The region is estimated to be a lucrative market and is likely to produce demands for magnetic sensors. As per the evaluation by MRFR, the second position is attained by Europe. Owing to the well-developed industries such as healthcare, BFSI is producing demands for magnetics sensors and thereby growing the market revenue. On the other hand, the Asia-Pacific region is estimated to be the fastest-growing market at a global level. Owing to the presence of developing economies such as India, China, and Japan are witnessing a growing demand for smart gadgets and magnetic sensors. In addition, the renewable energy sector is projected to participate significantly in market expansion. 

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

[industry365]

Radar Sensor Market Is Expected To Reach New Growth Revenues During 2021-2028

The global Radar Sensor Market is anticipated to reach USD 44.4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the non-imaging radar sensor segment accounted for the highest Radar Sensor market share in terms of revenue. North America is expected to be the leading contributor to the global Radar Sensor market revenue in 2017.

The growing military expenditure in countries such as China, U.S, and others have resulted in radar sensor market growth. The advancements in technologies and increasing need for national security would further lead to radar sensor market growth. Increasing demand for high range and enhanced radar accuracy, along with stringent security regulations supplement the growth of radar sensors market. Growing adoption of radar sensors in developing nations provide growth opportunities for the market. Features of radar sensors such as increased discrimination accuracy, enhanced sustainability, greater detection ranges and high reliability are propelling the growth of global radar sensor market. Furthermore, viewing the real-time data with the help of Radar through interfaces such as internet is opportunistic for the market expansion. Increasing cases of road accidents and stringent vehicle safety regulations supplement the market growth. Increasing development of self-driving and autonomous vehicles provide growth opportunities for radar sensor industry.

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North America generated the highest Radar Sensor market share in terms of revenue in 2018, and is expected to lead the global Radar Sensor industry throughout the forecast period. The adoption of radar sensors is expected to increase significantly in this region owing to increasing need to offer safety and security. The increasing demand for surveillance and border monitoring also drives the radar sensor market across various countries. Market players in the global radar sensor industry are introducing highly efficient and low-cost radar sensors to cater to the growing consumer needs. These market players are also integrating advanced technologies to improve the radar systems to cater to wider audiences. Increasing safety concerns, growing military expenditure, and development of autonomous vehicles are factors encouraging market players to launch efficient radar sensors across the globe.

Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. For instance Continental AG, a German automotive manufacturer company on November 2017 incorporated their extensive, long standing expertise in vehicle surrounding sensors into fifth generation of short and long range radar sensors. This resulted in more accurate detection of smaller objects such as a lost spare wheel or an exhaust that has fallen off. Long range radar, has maximum range of 300 m and an opening angle of ±60˚ depending on required performance. The series production of the same will start in 2019.

The well-known companies profiled in the Radar Sensor market report include Delphi Automotive LLP, Autoliv Inc., Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, Lockheed Martin Corporation, Denso Corporation, Infineon Technologies AG, Hella KGaA Hueck & Co., and Smart Microwave Sensors GmbH. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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[shashiemrf]

Motion Sensor Market Growth Factors, Regional Analysis, & Key Players By 2026

Market Overview

Global Motion Sensor Market is expected to reach USD 3.97 Billion by 2026 at a CAGR of 7.10% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. To reduce this excessive consumption, the building construction companies are shifting towards implementing strategies and technologies that are likely to reduce energy consumption and take the pressure off the grid. This has encouraged the manufacturers of motion sensors to develop state-of-the-art technology to cope up with emerging emergency needs.

Segmental Analysis

Global Motion Sensor Market has been segmented based on Type, Microwave Radar By Frequency, Microwave Radar By Application, PIR Sensors By Application, Occupancy Sensors By Application, and Region.

Based on microwave radar by frequency, the global market has been segmented into 10.6 GHZ–24 GHZ, 2.6 GHZ–5.8 GHZ, 77 GHZ, UP TO 2.5 GHZ, 66 GHZ, and 5.9 GHZ–10.5 GHZ. The 10.6 GHz–24 GHz segment accounted for the largest market share in 2019; it is expected to register a CAGR of 36.2% during the forecast period. Sensors with frequencies ranging between 10.6 GHz and 24 GHz provide speed, direction, and distance information about moving objects and are also resistant to moisture, dirt, and temperature. This radar sensor node is combined with two-element dual-band antennas that are designed to operate at both the radar and Zigbee ISM frequency bands.

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By microwave radar by application, the market has been segmented surveillance and lighting. Surveillance is further divided into perimeter security, intruder & burglar alarm, automatic door. Lighting is further divided into smart building lighting, street lighting, smart home indoor lighting, and sensory switch. The surveillance segment accounted for the largest market share in 2019. Surveillance is the most important field in the security system. Microwave radar sensors are used in searching and locating a person under debris or behind a wall. Perimeter security refers to an integrated system that helps in the physical security of a facility. Additionally, it protects against unauthorized physical intrusions. After technological advancements, security systems deploy infrared, microwave, radar, and seismic sensors, which has further added to the robustness of these systems. It includes technologies, such as free-standing perimeter security and buried perimeter security. A basic intruder alarm system comprises several interior and perimeter intrusion detectors, a control panel, with rechargeable battery power backup, internal or external keypads, and at least one external sounder. There two types of door contact authentication systems, which are mechanical and magnetic. In these systems, the user gets to know whether a door is opened or closed. The sensor detects a change in echo from the slightest movement in the detection zone. This change prompts a microprocessor to switch the light on. The emergence of smart buildings and the Internet of things (IoT) technology has driven the adoption of lighting control systems and further increased the adoption of microwave radar sensors.

By PIR sensors by application, the market has been segmented into lighting and surveillance. Lighting segment accounted for the largest market share in 2019. These sensors not only can turn on the lights but also air conditioning systems, video and audio devices, and computers, among others. PIR sensors play an important role in lighting control for reducing energy consumption. Lighting solutions with PIR sensors are used in several residential applications, one of them being renovation. Lighting control with PIR sensors in smart homes reduces maintenance and energy costs and supports sustainable development by being energy efficient. A smart building is a structure that uses automated processes to automatically control various building operations such as air conditioning, heating, security, energy management, ventilation, and other systems. PIR sensors can sense motion, either vehicle or human, in or out of the sensor range. This sensor is quite small, inexpensive, easy to use, low power, and easy to interface. Surveillance involves monitoring the behavior, activities, or other changing information, usually of people or the purpose of influencing, managing, directing, or protecting them.

By occupancy sensors by application, the market has been segmented into Lighting Systems, HVAC Systems, Security & Surveillance, Others. Security & surveillance segment accounted for the largest market share in 2019. Occupancy sensors are generally used in indoor spaces to control lighting systems. They sense the object inside the room and turn on the lights according to the presence of an object. Occupancy sensors are compatible with lighting and HVAC systems and capable of managing the HVAC operations within a space depending on occupancy. Security and surveillance systems are widely installed in apartment building entrances, corridors, parking garages, storerooms, laundry areas, and mall rooms. The other applications areas for occupancy sensors are fire detections systems, gas detection systems, and seat and bed occupancy systems.

The global motion sensor market, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. Europe accounted for the largest market share of 31.5% in 2019; the market is expected to register the CAGR of 7.89% during the forecast period. Asia-Pacific held the second largest market size in 2019 and is expected to hold the largest market size during the forecast period. North America has a well-developed infrastructure and thus can easily adopt technological advancements. Increasing smart city initiatives has propelled the adoption of motion sensors to detect movement indoors as well as outdoors. Rapid industrialization across the chemicals, food, and electronics industries and the rise in the number of power projects to meet the rising concerns regarding electricity conservation are expected to be the major factors driving the demand for motion sensors in the APAC regional market.

Competitive Analysis

The Key Players of the Global Motion Sensor Market are Panasonic Corporation, ShenZhen HaiWang Sensor Co., Ltd, Lutron Electronics Co., Inc., ADT, INC, Infineon Technologies AG, Beghelli S.p.A., Crow Group, devolo AG, Digicom LLC, Vimar SpA, Resideo Technologies Inc., Crestron Electronics, Inc., FIBARO System Manufacturer, New Japan Radio Co., Ltd, Comcast Corporation, Ring Inc., and Kuongshun Electronic Limited among others.

In February 2020, Comlight launched its Eagle Eye Zhaga motion detection light controller for outdoor and street luminaires. The product controls outdoor and street luminaires based on advanced radar motion detection.

In November 2019, Hiome, a Chicago-based company, developed an occupancy door sensor for smart homes. The sensors are offered in three variants—wired, recessed, and battery-operated.

In March 2019, Wyze Labs, Inc. launched a new series of security cameras. Wyze Sense, its latest product, is a sensor system consisting of contact sensors, PIR motion sensors, and a bridge that links its existing security camera products, including the Wyze Cam and Wyze Cam Pan.

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Radar Sensor Market Size, Industry Share and Growth Rate 2026

The global radar sensor market size is projected to reach USD 35.88 billion by the end of 2026. The increasing applications of the product across diverse industry verticals will aid market growth. According to a report published by Fortune Business Insights, titled “Radar Sensor Market Size, Share Industry Analysis, By Type (Pulse Radar, Continuous-Wave Radar, Radar Altimeter, and Others), By Range (Short-range, Medium-Range, and Long-Range), By Application (Advanced driver assistance systems (ADAS), Monitoring and Communication, Security and Surveillance, Traffic Monitoring, Environment, and Weather Monitoring, Hump Yard and Rail Crossing, Health Monitoring, and Others), By Vertical (Automotive, Aerospace and Defence, Healthcare, Maritime, Manufacturing, Oil and Gas, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 8.57 billion and will exhibit a CAGR of 19.7% during the forecast period, 2019-2026.

Radar sensors are products that are used to detect obstructions and obstacles in the path of any vehicle or automotive. The product is widely used in numerous defense and military applications due to the ease of use. The low cost of the product, coupled with the exceptional properties of radar sensors have allowed widespread applications. Accounting to the huge potential held by radar sensors, large scale companies are looking to invest more towards the development of advanced products.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

List of companies that are operating in the Radar Sensor Market include:

Robert Bosch GmbH (Germany)

Continental AG (Germany)

Infineon Technologies AG (Germany)

DENSO CORPORATION (Japan)

ZF Friedrichshafen AG (Germany)

HELLA GmbH Co. KGaA (Germany)

Lockheed Martin Corporation (US)

s. m. s. smart microwave sensors GmbH (Germany)

Oculi Corp (US)

SICK AG (Germany)

Socionext America Inc. (US)

Europe Currently Holds the Highest Market Share; Presence of Several Large Scale Companies Will Aid Growth

The report analyses the ongoing radar sensor market trends across North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Europe currently holds the highest market share. The increasing product applications across diverse industry verticals will aid the growth of the regional market. As of 2018, the market in Europe was worth USD 2.94 billion and this value is projected to increase further in the coming years. Besides Europe, the market in North America will witness considerable growth.

Industry Developments:

March 2017 - ZF Friedrichshafen AG announced that it has completed the acquisition of a 45 percent stake in Astyx Communication Sensors GmbH. Through this acquisition, the company will look to utilize Astyx’s attractive range of sensors for several applications.

[karishmamulani]

Radar Sensor Market 2020-2027 | Overview, Opportunities, Analysis of Features

The global Radar Sensor Market is anticipated to reach USD 44.4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the non-imaging radar sensor segment accounted for the highest Radar Sensor market share in terms of revenue. North America is expected to be the leading contributor to the global Radar Sensor market revenue in 2017.

 The growing military expenditure in countries such as China, U.S, and others have resulted in radar sensor market growth. The advancements in technologies and increasing need for national security would further lead to radar sensor market growth. Increasing demand for high range and enhanced radar accuracy, along with stringent security regulations supplement the growth of radar sensors market. Growing adoption of radar sensors in developing nations provide growth opportunities for the market. Features of radar sensors such as increased discrimination accuracy, enhanced sustainability, greater detection ranges and high reliability are propelling the growth of global radar sensor market. Furthermore, viewing the real-time data with the help of Radar through interfaces such as internet is opportunistic for the market expansion. Increasing cases of road accidents and stringent vehicle safety regulations supplement the market growth. Increasing development of self-driving and autonomous vehicles provide growth opportunities for radar sensor industry.

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 North America generated the highest Radar Sensor market share in terms of revenue in 2018, and is expected to lead the global Radar Sensor industry throughout the forecast period. The adoption of radar sensors is expected to increase significantly in this region owing to increasing need to offer safety and security. The increasing demand for surveillance and border monitoring also drives the radar sensor market across various countries. Market players in the global radar sensor industry are introducing highly efficient and low-cost radar sensors to cater to the growing consumer needs. These market players are also integrating advanced technologies to improve the radar systems to cater to wider audiences. Increasing safety concerns, growing military expenditure, and development of autonomous vehicles are factors encouraging market players to launch efficient radar sensors across the globe.

 Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. For instance Continental AG, a German automotive manufacturer company on November 2017 incorporated their extensive, long standing expertise in vehicle surrounding sensors into fifth generation of short and long range radar sensors. This resulted in more accurate detection of smaller objects such as a lost spare wheel or an exhaust that has fallen off. Long range radar, has maximum range of 300 m and an opening angle of ±60˚ depending on required performance. The series production of the same will start in 2019.

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 The well-known companies profiled in the Radar Sensor market report include Delphi Automotive LLP, Autoliv Inc., Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, Lockheed Martin Corporation, Denso Corporation, Infineon Technologies AG, Hella KGaA Hueck & Co., and Smart Microwave Sensors GmbH. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

[atomicdinosaurdonut]

Driver Safety Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2022

Driver Safety Market Information by Type (Driver Alertness Detection System, Vehicle-to-Vehicle Communication, Electronic Stability Control (ESC), Eye-Tracking/Blink-Monitoring, Pressure/Angle Steering Sensor, Lane Departure Warning, and Others), by Vehicle Type (Passenger, and Commercial), and by Region - Forecast to 2022

 Driver Safety Market Overview

Driver safety technologies refer to special integrated systems that are developed to ensure the maximum safety of the passengers as well as the automobile. A broad variety of devices and gadgets are included under driver safety technologies that enable car to computer communication, geo-fencing capabilities, remote speed sensing theft deterrence, damage mitigation, as well as, vehicle-to-vehicle communication. These technologies are mainly responsible for assisting the driver in better operation of the automobile, hence, avoiding any life-threatening accidents.

With a rise in the demand for automobiles, the need for better road safety has arisen. Such need has led the government to pose stringent traffic rules and to pass various laws enforcing the application of better driver safety technology in the latest automobiles. These factors are predicted to push the Driver Safety Market during the forecast period. The Driver Safety Market is anticipated to witness a robust CAGR between 2016 and 2022, as per the recent report issued by Market Size Research Future. Moreover, a rise in the number of road accidents due to rising traffic has propelled the demand for automobiles with driver safety systems, hence, pushing the Driver Safety Market further.

Segmental Analysis

The global Driver Safety Market is segmented by type and vehicle type. By type, the Driver Safety Market is segmented into driver alertness detection system (DADS), electronic stability control (ESC), eye-tracking/blink-monitoring, lane departure warning (LDW), pressure/angle steering sensor, and vehicle-to-vehicle communication. By vehicle type, the Driver Safety Market has been segmented into commercial vehicles and passenger vehicles.

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Regional Analysis

The global Driver Safety Market is segmented by region into North America, Asia Pacific (APAC), Europe, and Rest of the World (RoW). North America and Europe are expected to witness steady growth during the forecast period due to a pre-established Driver Safety Market in the regions. Due to technological advancements, North America is projected to showcase a rise in the demand for automobiles with advanced driver safety systems in place. Further, due to the presence of many prominent Market Size players in the United States, the country is expected to emerge as the most robust economy in North America. Other countries estimated to develop as potential Market Sizes for driver safety technologies in North America including Canada and Mexico.

The Asia Pacific is estimated to showcase the highest growth rate during the forecast period owing to the rising demand for automobiles in the region. The Asia Pacific is determined to dominate the global Driver Safety Market due to factors including increasing competition in the automotive industries, rising adoption of safety features in latest automobiles, and the introduction of stringent policies by the government regarding road safety. Countries such as China, India, and Japan are expected to emerge as the leading economies in the Asia Pacific.

Europe is estimated to follow the Asia Pacific and North America in terms of Market Size share for driver safety technologies. Germany is expected to be the biggest Market Size for driver safety technology within Europe, owing to increased concerns towards road safety. Other countries that are predicted to garner lucrative growth within Europe include France, Spain, and the United Kingdom (U.K.).

Key Players

Market Research Future (MRFR) has profiled many prominent players in the Driver Safety Market. Some of these key players include Continental AG (Germany), Denso Corporation (Japan), Infineon Technologies AG (Germany), Magna International Inc. (Canada), Optalert PTY Ltd. (Australia), Robert Bosch GmbH (Germany), Seeing Machines (Australia), Smart Eye AB (Sweden), Tobii AB (Sweden), and Valeo S.A. (France).

Industry Update

February 2019: Subaru Forester SUV and the new 2020 Legacy Sedan have an in-built facial recognition technology, DriverFocus, that is developed to help drivers with distracted driving as well as driver fatigue. The DriverFocus technology, introduced by Subaru, was named as the Best Safety Innovation for 2019 by the Automobile Journalists Association of Canada.

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[namanr]

Machine Sensor Market Expected to Reach $35.8 Billion, Globally, by 2032 at 8.2% CAGR: Allied Market Research 

The machine sensor market is predicted to witness significant growth in the coming years as government regulations and initiatives are encouraging innovation and the creation of new applications in multiple industries. Despite the rising adoption of machine sensors in different fields, their application is restricted in harsh environments, which may hinder market growth. However, the emergence of IoT technology offers machine sensors opportunities to furnish real-time information on machine performance and environmental circumstances. 

Wilmington, Delaware

According to a new report published by Allied Market Research, titled, “Machine Sensor Market," The machine sensor market was valued at $16.5 billion in 2022, and is estimated to reach $35.8 billion by 2032, growing at a CAGR of 8.2% from 2023 to 2032.

Download Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/75335 (We look forward to moving quickly to provide the Report Analysis needed for your Business Success)               •105 – Tables               •66 – Charts               •243 – Pages

A machine sensor is a device that is used to detect or measure physical properties of a machine or its environment, such as temperature, pressure, vibration, or acceleration. These sensors are often used in industrial applications to monitor the health and performance of machines, and to detect potential problems before they become critical.  

Machine sensors can be wired or wireless and can be connected to a variety of systems such as data loggers, controllers, or cloud-based platforms. They can also be integrated with artificial intelligence or machine learning algorithms to provide predictive maintenance, fault diagnosis, or optimization of machine performance.  

Prime determinants of growth:

The machine sensor market is being driven by the need for automation, digitization, energy efficiency, and sustainability in various industries. Machine sensors provide real-time data on machine performance, enabling predictive maintenance and optimizing energy consumption. However, the high cost of machine sensors can be a significant barrier for smaller businesses and price-sensitive industries. The development of smart sensors with real-time data processing and analysis capabilities presents an opportunity for the machine sensor market to further enhance operational efficiency and product quality while reducing downtime.   

The machine sensor market is highly competitive, owing to the strong presence of existing vendors. Vendors of the machine sensor market with extensive technical and financial resources are expected to gain a competitive advantage over their competitors because they can cater to market demands. The competitive environment in this market is expected to increase as product launches, funding, acquisitions, agreements, collaboration, expansion, and partnership like different strategies adopted by key vendors increase. Competitive analysis and profiles of the major machine sensor market players that have been provided in the report include AB Elektronik Gmbh, ATI Industrial Automation, Inc., Baumer Group, FUTEK Advanced Sensor Technology, Inc., Honeywell International Inc., Infineon Technologies AG, OMRON Corporation, Sensata Technologies, Inc., TE Connectivity Ltd., and Tekscan, Inc.   

Report Coverage and Details:

Aspects

Details

Market Size By 2032

USD 35.8 billion

Growth Rate

CAGR of 8.2%

Forecast period

2022 - 2032

Report Pages

243

By Type

Temperature Sensor

Pressure Sensor

Position Sensor

Proximity Sensor

Force and Torque Sensor

Others

By End Use Industry

Oil and Gas

Automotive

Aerospace

Healthcare

Others

Manufacturing

  COVID-19 Scenario:

The COVID-19 pandemic has affected the machine sensor market in various ways. Some industries, such as automotive and aerospace, experienced a decrease in demand for sensors due to reduced economic activity. On the other hand, the healthcare industry saw an increase in demand for medical equipment, including sensors for monitoring and diagnosis. Additionally, the demand for automation in manufacturing and logistics increased. Disruptions to global supply chains resulted in shortages of raw materials and components, leading to increased costs and longer lead times for manufacturers. Overall, the pandemic has had a mixed impact on the machine sensor market, with some industries experiencing declines while others have seen growth.

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 Leading Market Players:

ATI Industrial Automation,

Infineon Technologies AG,

Sensata Technologies, Inc.,

OMRON Corporation,

TE Connectivity Ltd.,

Honeywell International Inc.,

FUTEK Advanced Sensor Technology, Inc.,

Tekscan, Inc.,

KYOCERA AVX Components (Werne) GmbH,

Baumer

The report provides a detailed analysis of these key players of the global machine sensor market. These players have adopted different strategies such as product development and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the machine sensor market analysis from 2022 to 2032 to identify the prevailing machine sensor market opportunity.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the machine sensor market segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global machine sensor market trends, key players, market segments, application areas, and market growth strategies.

By Region:

North America (U.S., Canada, and Mexico)

Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)

Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)

LAMEA (Latin America, Middle East and Africa)

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Automotive V2X Market Size, Industry Analysis, Scope, Type, Application, and Region Analysis Till 2020

The automotive V2X market size is expected to reach USD 10,318.3 million by 2027, exhibiting a CAGR of 52.4% during the forecast period. The transformation in the automotive industry can be a vital factor in providing impetus to the market during the forecast period. Similarly, the constant efforts of OEMs to enhance in-vehicle user-experience will bolster healthy growth of the market in the forthcoming years, states Fortune Business Insights, in a report, titled “V2X Market Size, Share & Industry Analysis, By Connectivity Type (DSRC and Cellular), By Vehicle Type (Passenger Car and Commercial Vehicle), By Communication Type (Vehicle-to-Infrastructure (V2I), Vehicle-to-Vehicle (V2V), Vehicle-to-Pedestrian (V2P), and Others), and Regional Forecasts, 2020-2027” the market size stood at USD 354.0 Million in 2019

Source:

https://www.fortunebusinessinsights.com/automotive-v2x-market-103320

The coronavirus occurrence has caused enormous damage to numerous countries around the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.

The automotive V2X market emphasizes:

All-inclusive study of all the segments

Useful data and figures

Thorough knowledge regarding industry players

Progressing developments in the industry

Market Driver:

Inflated Demand for Self-driving Cars to Aid Market Expansion

The market is primarily driven by the rapidly progressing automotive industry. The growing demand for semi-autonomous cars with advanced driver assistance systems will have a tremendous impact on the global market during the forecast period. Moreover, the increasing efforts of numerous manufacturers towards the development of high-end self-driving cars with enhanced control will simultaneously foster healthy growth of the market. The growing development of complex passenger & commercial vehicles with numerous features such as blind-spot detection, intelligent parking assistance, emergency Braking, and more will spur the demand of the market in the near future.

Moreover, the growing emphasis on eco-friendly cars, equipped with smart transportation management minimal and adaptive cruise control will significantly boost the growth of the market in the forthcoming years. In addition, the increasing technological advancement in vehicle-to-Infrastructure (V2I), and Vehicle-to-vehicle (V2V) communications will create lucrative opportunities for the market in the foreseeable future.

Browse Official Press Release By Fortune Business Insights™:

https://www.fortunebusinessinsights.com/press-release/low-speed-vehicle-market-10031

Market Restraint:

COVID-19 Outbreak to Hamper Market Growth

The coronavirus outbreak has negatively impacted the global market. The shutdown of manufacturing plants along with the decline in customer footfalls at showrooms has destructively hindered the global market.

The implementation lockdown by several countries has led to drop-in automobile sales, which, in turn, will thwart the growth of the market during the forecast period. In addition, fast track strategies and efforts by key manufactures to overcome the mammoth loss can help recover the damage caused during the pandemic, which in turn, will reinforce the supply chain and accelerate the market.

Regional Analysis:

Presence of Major OEMs to Augment Growth in North America

The market in North America is expected to witness a high growth rate during the forecast period owing to the presence of major manufactures in the region. The growing production of luxury vehicles in the US will have a positive influence on the market in the region. Europe is expected to witness a substantial growth rate in the forthcoming years due to the existing V2X manufacturers in the region.

The growing adoption of autonomous and semi-autonomous vehicles will further enhance the market potential in European countries such as Germany, France, England, and others. Asia Pacific is predicted to rise excellently in the forthcoming years. The growth in the region is attributed to the rapid expansion of the automotive industry in the region.

Key Development:

2018: Savari announced that it has signed an agreement with 5GAA, BMW Group, Ford, Groupe PSA, and Qualcomm for the first European demonstration of C-V2X direct communication interoperability between multiple automakers.

The Report Lists the Main Companies in the V2X Market:

Delphi Automotive PLC

Continental AG

Infineon Technologies AG

Qualcomm Inc.

Cohda Wireless Pty

Arada Systems Inc

Savari Technologies Pvt. Ltd.

Kapsch TrafficCom

eTrans Systems

Denso Corporation

AutoTalks Ltd.

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