According to the recent study the magnetic sensor market is projected to reach an estimated $3.1 billion by 2028 from $2.2 billion in 2023, at a CAGR of 7.1% from 2023 to 2028. Growth in this market is primarily driven by increasing usage of magnetic sensors in transportation and consumer electronics industries along with growing demand for IOT technologies in various applications ... Read more
According to the recent study the position sensor market is projected to reach an estimated $8.5 billion by 2028 from $5.5 billion in 2023, at a CAGR of 9.3% from 2023 to 2028. Growth in this market is primarily driven by growing adoption of position sensors in the industrial plants, and increasing usage of integrated control systems in consumer electronic devices.
According to the recent study the temperature sensor market is projected to reach an estimated $9.5 billion by 2028 from $6.8 billion in 2023, at a CAGR of 7.1% from 2023 to 2028. Growth in this market is primarily driven by growing demand for portable healthcare devices and increasing penetration of these sensors in vehicles to maintain safety and reduction of emission. ... Read more
According to the recent study the laser sensor market is projected to reach an estimated $0.6 billion by 2028 from $0.3 billion in 2023, at a CAGR of 11% from 2023 to 2028. Growth in this market is primarily driven by increasing application of these sensors in end user industries, such as automotive, aerospace, and food and beverage, so as to enhance efficiency and decision making ... Read more
According to the recent study the nanosensor market is projected to reach an estimated $0.8 billion by 2028 from $0.3 billion in 2023, at a CAGR of 25% from 2023 to 2028. Growth in this market is primarily driven by increasing application of these sensors in electronics equipment and Internet-of Things (IOT) and growing trend of miniaturization and usage of miniaturized products in ... Read more
According to the recent study the occupancy sensor market is projected to reach an estimated $3.1 billion by 2028 from $1.6 billion in 2023, at a CAGR of 14% from 2023 to 2028. Growth in this market is primarily driven by favorable government policies towards energy saving and increasing demand of energy-efficient devices for residential as well as commercial applications. ... Read more
According to the recent study the photoelectric sensor market is projected to reach an estimated $1.8 billion by 2028 from $1.2 billion in 2023, at a CAGR of 7.5% from 2023 to 2028. Growth in this market is primarily driven by growing trend of automation in industrial manufacturing, automotive, and food and beverages industries in this region.
According to the recent study the plastic additive market is projected to reach an estimated $47.5 billion by 2028 from $37.3 billion in 2023, at a CAGR of 5% from 2023 to 2028. Growth in this market is primarily driven by growing demand for replacement of conventional materials by plastics in the packaging, construction, and consumer goods markets.
According to the recent study the thin film semiconductor deposition market is projected to reach an estimated $15.3 billion by 2028 from $8.0 billion in 2023, at a CAGR of 14% from 2023 to 2028. Growth in this market is primarily driven by the significant use of thin film semiconductors in solar panels, increasing trend of miniaturization of circuits, and ... Read more
According to the recent study the prostate health market is projected to reach an estimated $58.9 billion by 2028 from $38.1 billion in 2023, at a CAGR of 9.1% from 2023 to 2028. Growth in this market is primarily driven by growing prevalence of benign prostatic hyperplasia and cancer, rising number of prostatitis, and increasing fund for research in BPH treatment.
According to the recent study the polyurethane elastomer market is projected to reach an estimated $12.0 billion by 2028 from $9.0 billion in 2023, at a CAGR of 6% from 2023 to 2028. Growth in this market is primarily driven by growing consumption of footwear and increasing usage of polyurethane elastomer in the production of tires and body panels of automobiles.
According to the recent study the polyolefin catalyst market is projected to reach an estimated $2.5 billion by 2028 from $2.0 billion in 2023, at a CAGR of 4.5% from 2023 to 2028. Growth in this market is primarily driven by increasing adoption of polyolefin for plastic films, goods, and plastic packaging products and growing demand for polypropylene-based personal protective ... Read more
According to the recent study the polymerization catalyst market is projected to reach an estimated $5.0 billion by 2028 from $3.0 billion in 2023, at a CAGR of 5.6% from 2023 to 2028. Growth in this market is primarily driven by increasing production of polymer resin and growing technological advancements in the field of polymerization catalyst.
According to the recent study the household and air fresheners fragrance market is projected to reach an estimated $4.0 billion by 2028 from $3.2 billion in 2023, at a CAGR of 4% from 2023 to 2028. Growth in this market is primarily driven by increasing concern towards indoor air quality and changing lifestyle and spending habits of the consumer.
According to the recent study the heat detector market is projected to reach an estimated $0.80 billion by 2028 from $0.61 billion in 2023, at a CAGR of 5.7% from 2023 to 2028. Growth in this market is primarily driven by growing demand for heat detectors in multi-winged structures and commercial building application and increasing supportive norms and regulations for installation ... Read more
According to the recent study the flame retardants in the global plastic additive market is projected to reach an estimated $7.9 billion by 2028 from $5.9 billion in 2023, at a CAGR of 5.7% from 2023 to 2028. Growth in this market is primarily driven by increasing demand from the electrical & electronics sector, growing demand for thermoplastics to reduce ... Read more
According to the recent study the fabric softener surfactant market is projected to reach an estimated $1.9 billion by 2028 from $1.4 billion in 2023, at a CAGR of 6% from 2023 to 2028. Growth in this market is primarily driven by increasing consumer demand for high-end clothing, growing popularity of longer lasting softener, and rising demand from various applications ... Read more
According to the recent study the boiler water treatment chemical market is projected to reach an estimated $8.5 billion by 2028 from $6.0 billion in 2023, at a CAGR of 7% from 2023 to 2028. Growth in this market is primarily driven by rapid industrialization, growing demand for power generation, and rising number of nuclear projects in the emerging economies. ... Read more
According to the recent study the 3D printing materials in medical market is projected to reach an estimated $0.63 billion by 2028 from $0.30 billion in 2023, at a CAGR of 16.1% from 2023 to 2028. Growth in this market is primarily driven by increasing use of 3D printing materials to enable exploration of complicated body structure as an actual three-dimensional ... Read more
According to the recent study the 3D printing materials in the global automotive market is projected to reach an estimated $0.58 billion by 2028 from $0.28 billion in 2023, at a CAGR of 16.1% from 2023 to 2028. Growth in this market is primarily driven by increasing need for quick prototyping and development of complex parts and growing demand for ... Read more
According to the recent study the 3D printing materials in the global consumer market is projected to reach an estimated $0.60 billion by 2028 from $0.30 billion in 2023, at a CAGR of 15.3% from 2023 to 2028. Growth in this market is primarily driven by growing demand for 3D printed products among dental clinics, emerging preference for 3D printing in ... Read more
According to the recent study the artificial intelligence in the global media & advertising market is projected to reach an estimated $9.5 billion by 2028 from $4.5 billion in 2023, at a CAGR of 16.1% from 2023 to 2028. Growth in this market is primarily driven by increasing trend of digitalization, growing popularity of OTT ... Read more
