The global market for Intrinsically Safe Equipment was valued at US$ 5121 million in the year 2024 and is projected to reach a revised size of US$ 6986 million by 2031, growing at a CAGR of 4.6% during the forecast period.
Intrinsically safe (IS) is a low-energy signaling program that prevents explosions and ensures that less energy IS transferred to the danger zone than IS needed to trigger an ex...
The global market for Multi-Axis Sensor was valued at US$ 954 million in the year 2024 and is projected to reach a revised size of US$ 2674 million by 2031, growing at a CAGR of 16.1% during the forecast period.
A multi-axis sensor (also called a six axis load cell, F/T-sensor, multi-component sensor or multicomponent transducer) measures forces and torques, which occur in more than one spatial di...
The global market for Smart Wearables in Healthcare was valued at US$ 17170 million in the year 2024 and is projected to reach a revised size of US$ 39430 million by 2031, growing at a CAGR of 12.8% during the forecast period.
Wearable healthcare technology refers to health monitoring devices worn on the body, such as the wrist, to help monitor the wearer"s health data. These devices use biosensor...
The global market for Surface Acoustic Wave Sensor was valued at US$ 28.5 million in the year 2024 and is projected to reach a revised size of US$ 42.6 million by 2031, growing at a CAGR of 6.0% during the forecast period.
Surface acoustic wave sensors are a class of microelectromechanical systems (MEMS) which rely on the modulation of surface acoustic waves to sense a physical phenomenon. The sen...
The global market for Wired Occupancy Sensors was valued at US$ 2097 million in the year 2024 and is projected to reach a revised size of US$ 4917 million by 2031, growing at a CAGR of 13.1% during the forecast period.
Wired occupancy sensors are devices used in building automation systems to detect the presence or absence of people within a specific area. These sensors play a crucial role in ener...
The global market for Barcode Verification was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
North American market for Barcode Verification is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific...
The global market for Self-Encrypting Drive (SED) was valued at US$ 2891 million in the year 2024 and is projected to reach a revised size of US$ 3641 million by 2031, growing at a CAGR of 3.4% during the forecast period.
SED (or self-encrypting drive) is a hard drive that automatically and continuously encrypts data on the drive without any user intervention.
Industrial policy support will ensure...
The global market for Wireless Socket was valued at US$ 6071 million in the year 2024 and is projected to reach a revised size of US$ 10460 million by 2031, growing at a CAGR of 8.2% during the forecast period.
A wireless socket, often referred to as a smart socket or smart plug, is a device that allows you to control the power supply to an electrical appliance remotely, typically through wireless...
The global market for Radio Frequency (RF) Components was valued at US$ 46810 million in the year 2024 and is projected to reach a revised size of US$ 64020 million by 2031, growing at a CAGR of 4.6% during the forecast period.
RF components cover antenna switches, filters, power amplifiers and tuners; whereas RF components" application areas cover cellular phones, tablets, e-readers, GPS devices,...
The global market for Radio Frequency (RF) Switches was valued at US$ 4717 million in the year 2024 and is projected to reach a revised size of US$ 6871 million by 2031, growing at a CAGR of 5.6% during the forecast period.
An RF switch or microwave switch is a device to route high frequency signals through transmission paths. RF (radio frequency) and microwave switches are used extensively in mic...
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