Autonomous Vehicle Sensor Market Size, Share, Trends & Forecast 2030
The Autonomous Vehicle Sensor Market Size is projected to grow from USD 0.4 billion in 2022 to USD 19.1 billion by 2030, registering a CAGR of 62.6%.
The growing demand of safer, efficient and fuel-efficient vehicles are expected to increase the demand for automated vehicles around the world. With this, the demand for sensors for automated vehicles such as cameras, radar sensors, lidar sensors,...
AI Industrial Valves: Revolutionizing Process Automation and Efficiency
As industries worldwide embrace digital transformation, artificial intelligence (AI) is emerging as a cornerstone in driving efficiency, reliability, and adaptability. A significant example of this transformation is the integration of AI into industrial valves, which play a critical role in controlling the flow of fluids and gases in various sectors, including oil and gas, chemical, pharmaceuticals,...
Connected Tires Market Size, Share, Growth, Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Connected tires will grow in demand due to their ability to enhance various aspects of driving, vehicle performance, and overall safety. These tires provide real-time monitoring of essential parameters such as tire pressure, tread wear, and temperature. By continuously...
Automotive Sensor Fusion Market Size is Projected to Reach USD 3.3 billion by 2030
The automotive sensor fusion market size is rapidly growing, driven by the increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. Sensor fusion involves combining data from multiple sensors, such as cameras, radar, LiDAR, and ultrasonic sensors, to create a more accurate and comprehensive understanding of the vehicle’s surroundings.
Key Trends in the...
AI-Driven Distributed Fiber Optic Sensors Business and Revenue Impact, North American
The world of technology is advancing at an exponential pace, and one of the groundbreaking innovations shaping industries is the integration of AI-driven distributed fiber optic sensors (DFOS). These sensors are not only revolutionizing how industries gather data but also transforming the way businesses operate across North America. With the convergence of fiber optic sensing technology and artificial...
AI Smart Sensors: The Future of Business in North America and Their Revenue Impact
In the ever-evolving digital landscape, businesses are increasingly turning to Artificial Intelligence (AI) and smart technologies to enhance efficiency, streamline operations, and stay competitive. Among these innovations, AI smart sensors stand out as game-changers, especially in North America, where the adoption of advanced technologies is rapidly accelerating across industries. But what exactly...
Top Companies in Electronic Toll Collection: Innovating Road Transportation
Electronic Toll Collection (ETC) systems have transformed the way we manage road transportation, offering seamless and efficient toll payment solutions. By eliminating the need for manual toll collection, these systems reduce congestion, decrease environmental impact, and improve the overall efficiency of transportation networks. With the growing demand for smart transportation infrastructure worldwide,...
Connected Tires Market Size, Share, Growth Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...
Automotive Market Size, Share, Trends, Growth, Demand | Forecast [2024]
The Global Automotive Size will have a global passenger vehicles and commercial vehicles combined sales of 92 million units in 2023 and is projected to 95 million units in 2024, witnessing a YoY growth of 3.1% from 2023 to 2024.
The growth of the automotive market is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along...
Automotive Sensor Fusion Market Size, Share & Growth 2030
The global Automotive Sensor fusion market is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%.
The sensor fusion market for automotive is experiencing a remarkable surge in growth, revolutionizing the global automotive industry. Integrating sensors, data, and artificial intelligence has transformed how cars perceive and interact with the environment....