Industrial Sensors Market To Reach USD 35.47 Billion By 2027 at a CAGR of 9.77% - Valuates Reports - Seite 4

-  The global smart sensor market is anticipated to account for USD 60 billion by 2022, growing at a CAGR of 19.2% from 2016 to 2022. Factors such as smart sensor integration in cars, the demand for electronics devices such as smartphones, laptops, and other devices, as well as the Internet of Things (IoT), are driving the smart sensors industry. However, market development is constrained by high implementation costs and privacy concerns.

-  The global gas sensor market was valued at USD 823.1 million in 2019, and is projected to reach USD 1,336.2 million by 2027, growing at a CAGR of 6.4% from 2020 to 2027. The increasing use of gas sensors in the defence and military industries, emerging demand for gas sensors in consumer electronics, and favourable government regulations regarding the use of gas sensors are all significant factors influencing the global gas sensor market's development.

-  The global Level Sensor market is projected to reach USD 3786.9 million by 2027, from USD 3134.8 million in 2020, at a CAGR of 3.2% during 2021-2027.

-  In 2019, the global Image Sensors market was USD 13090 Million and it is expected to reach USD 19740 Million by the end of 2026, with a CAGR of 6.0% during 2021-2026.

-  The wearable sensor market was valued at USD 123 million in 2015, and is projected to reach USD 2,258 million by 2022, growing at a CAGR of 52.9% from 2016 to 2022. The wrist wear segment accounted for more than 45% share of the global market in 2015.

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