PUBLISHER: BCC Research | PRODUCT CODE: 1484120
PUBLISHER: BCC Research | PRODUCT CODE: 1484120
The global market for sensors is estimated to increase from $179.7 billion in 2023 to reach $300.5 billion by 2029, at a compound annual growth rate (CAGR) of 8.9% from 2024 through 2029.
The biosensors market for sensors is estimated to increase from $30.0 billion in 2023 to reach $45.6 billion by 2029, at a CAGR of 7.1% from 2024 through 2029.
The radar sensors market for sensors is estimated to increase from $16.9 billion in 2023 to reach $40.5 billion by 2029, at a CAGR of 15.6% from 2024 through 2029.
This report provides an overview of the global market for sensor technologies and analyzes market trends. Using 2023 as the base year, the report provides estimated market data for the forecast period from 2024 to 2029. Revenue forecasts for this period are segmented based on type, end-use industry and geographical region.
This report also focuses on the major driving trends and challenges that affect the market and the vendor landscape. It surveys the current trends operating in the global sensors market, and concludes with an overview of this market's competitive landscape, including profiles of the major players.